Finance
Scottish company insolvencies decrease by 19% in January 2024
Published 1 year ago
In January 2024 there were 88 company insolvencies registered in Scotland, 19% lower than the number in January 2023, according to The Insolvency Service.
Read on www.scottishfinancialnews.com →
Paul Thwaite confirmed as NatWest CEO amidst strong financial results
Published 1 year ago
NatWest, operating as the Royal Bank of Scotland in Scotland, has confirmed the appointment of Paul Thwaite as permanent CEO as it reports its strongest financial results since the 2008 financial crisis.
Read on www.scottishfinancialnews.com →
UK enters technical recession as GDP contracts
Published 1 year ago
Official figures have revealed that the UK has entered a technical recession at the close of 2023.
Read on www.scottishfinancialnews.com →
AAB tops Experian M&A league
Published 1 year ago
AAB has kept its top financial adviser ranking with 18 mergers and acquisition deals completed during 2023, according to Experian’s latest United Kingdom and Republic of Ireland M&A Review.
Read on www.scottishfinancialnews.com →
Virgin Money acquires full control of investment platform in £20m deal with abrdn
Published 1 year ago
Clydesdale Bank-owner Virgin Money is set to acquire Abrdn’s 50% stake in their joint investment platform for £20 million, less than a year since its launch.
Read on www.scottishfinancialnews.com →
New JISAs forge ahead in Scotland, while ISAs take a back seat
Published 1 year ago
Scottish Friendly’s latest Investor Index has shown that planning for future generations has been the greater priority for parents and guardians in Scotland.
Read on www.scottishfinancialnews.com →
Succession planning gap persists for many businesses
Published 1 year ago
A new survey by accountancy firm Azets has revealed that despite 58% of businesses considering succession planning, the high levels of awareness about succession are not being matched with formal planning.
Read on www.scottishfinancialnews.com →
Miconex’s local gift cards inject over £12m into businesses
Published 1 year ago
Scottish fintech Miconex has revealed substantial growth in its local gift card programs, driving considerable revenue for businesses worldwide with sales figures topping £12.4 million across the UK, Ireland, Canada, and the USA in 2023.
Read on www.scottishfinancialnews.com →
Goldman Sachs: UK economy 5% smaller outside EU
Published 1 year ago
The UK economy has taken a significant hit since leaving the European Union, according to a report by Goldman Sachs.
Read on www.scottishfinancialnews.com →
Start-up boom as over 40,000 new businesses launched in Scotland in 2023
Published 1 year ago
Scotland is experiencing a start-up boom, with over 40,000 new businesses setting up shop last year – an increase of 12% on the number of new companies incorporated in 2022.
Read on www.scottishfinancialnews.com →
Nucleus boosts AUA to £90 billion with Third Financial deal
Published 1 year ago
Nucleus Financial Platforms has acquired investment platform and wealth management software provider Third Financial.
Read on www.scottishfinancialnews.com →
EY: Q4 brings surge in profit warnings from Scotland’s listed companies
Published 1 year ago
Scotland’s listed companies experienced a notable increase in profit warnings during Q4 2023, surpassing the combined warnings of the entire preceding year, as revealed by EY-Parthenon’s latest Profit Warnings report.
Read on www.scottishfinancialnews.com →
Tesco Bank exits retail banking with £600 million sale to Barclays
Published 1 year ago
Barclays UK has sealed a deal to acquire Edinburgh-headquartered Tesco Bank’s retail banking business for an initial £600 million.
Read on www.scottishfinancialnews.com →
RBS: Scottish private sector activity rises for first time in six months
Published 1 year ago
The latest Royal Bank of Scotland Purchasing Managers’ Index (PMI) has reported positive signs for the Scottish private sector, indicating a rebound in business activity at the beginning of the year.
Read on www.scottishfinancialnews.com →
Scottish innovator Cube Glass achieves record revenues topping £4.5m
Published 1 year ago
Scottish glass and aluminium specialist Cube Glass has boosted its revenues by well in excess of £1 million as well as developing lucrative new international partnerships.
Read on www.scottishfinancialnews.com →
Scottish company insolvencies decrease by 19% in January 2024
Published 1 year ago
In January 2024 there were 88 company insolvencies registered in Scotland, 19% lower than the number in January 2023, according to The Insolvency Service.
Read on www.scottishfinancialnews.com →
Paul Thwaite confirmed as NatWest CEO amidst strong financial results
Published 1 year ago
NatWest, operating as the Royal Bank of Scotland in Scotland, has confirmed the appointment of Paul Thwaite as permanent CEO as it reports its strongest financial results since the 2008 financial crisis.
Read on www.scottishfinancialnews.com →
UK enters technical recession as GDP contracts
Published 1 year ago
Official figures have revealed that the UK has entered a technical recession at the close of 2023.
Read on www.scottishfinancialnews.com →
AAB tops Experian M&A league
Published 1 year ago
AAB has kept its top financial adviser ranking with 18 mergers and acquisition deals completed during 2023, according to Experian’s latest United Kingdom and Republic of Ireland M&A Review.
Read on www.scottishfinancialnews.com →
Virgin Money acquires full control of investment platform in £20m deal with abrdn
Published 1 year ago
Clydesdale Bank-owner Virgin Money is set to acquire Abrdn’s 50% stake in their joint investment platform for £20 million, less than a year since its launch.
Read on www.scottishfinancialnews.com →
New JISAs forge ahead in Scotland, while ISAs take a back seat
Published 1 year ago
Scottish Friendly’s latest Investor Index has shown that planning for future generations has been the greater priority for parents and guardians in Scotland.
Read on www.scottishfinancialnews.com →
Succession planning gap persists for many businesses
Published 1 year ago
A new survey by accountancy firm Azets has revealed that despite 58% of businesses considering succession planning, the high levels of awareness about succession are not being matched with formal planning.
Read on www.scottishfinancialnews.com →
Miconex’s local gift cards inject over £12m into businesses
Published 1 year ago
Scottish fintech Miconex has revealed substantial growth in its local gift card programs, driving considerable revenue for businesses worldwide with sales figures topping £12.4 million across the UK, Ireland, Canada, and the USA in 2023.
Read on www.scottishfinancialnews.com →
Goldman Sachs: UK economy 5% smaller outside EU
Published 1 year ago
The UK economy has taken a significant hit since leaving the European Union, according to a report by Goldman Sachs.
Read on www.scottishfinancialnews.com →
Start-up boom as over 40,000 new businesses launched in Scotland in 2023
Published 1 year ago
Scotland is experiencing a start-up boom, with over 40,000 new businesses setting up shop last year – an increase of 12% on the number of new companies incorporated in 2022.
Read on www.scottishfinancialnews.com →
Nucleus boosts AUA to £90 billion with Third Financial deal
Published 1 year ago
Nucleus Financial Platforms has acquired investment platform and wealth management software provider Third Financial.
Read on www.scottishfinancialnews.com →
EY: Q4 brings surge in profit warnings from Scotland’s listed companies
Published 1 year ago
Scotland’s listed companies experienced a notable increase in profit warnings during Q4 2023, surpassing the combined warnings of the entire preceding year, as revealed by EY-Parthenon’s latest Profit Warnings report.
Read on www.scottishfinancialnews.com →
Tesco Bank exits retail banking with £600 million sale to Barclays
Published 1 year ago
Barclays UK has sealed a deal to acquire Edinburgh-headquartered Tesco Bank’s retail banking business for an initial £600 million.
Read on www.scottishfinancialnews.com →
RBS: Scottish private sector activity rises for first time in six months
Published 1 year ago
The latest Royal Bank of Scotland Purchasing Managers’ Index (PMI) has reported positive signs for the Scottish private sector, indicating a rebound in business activity at the beginning of the year.
Read on www.scottishfinancialnews.com →
Scottish innovator Cube Glass achieves record revenues topping £4.5m
Published 1 year ago
Scottish glass and aluminium specialist Cube Glass has boosted its revenues by well in excess of £1 million as well as developing lucrative new international partnerships.
Read on www.scottishfinancialnews.com →