ScottishNews.com

Finance

MHA strengthens Scottish presence with Geoghegans merger in Edinburgh

Published 1 year ago

Accountancy group MHA has solidified its presence in Scotland with the merger of Geoghegans, a prominent Edinburgh-based accountancy firm.

Read on www.scottishfinancialnews.com →

Greenock bathroom retailer ceases trading after two decades

Published 1 year ago

Greenock-based bathroom supplies business Ware With All has succumbed to financial woes, resulting in nine job losses.

Read on www.scottishfinancialnews.com →

Slow start for 2024 as Scottish retail sales are stunted by storms

Published 1 year ago

Scottish retail sales were stunted in the first four weeks of 2024, according to the latest Scottish Retail Consortium (SCR) and KPMG Scottish Retail Sales Monitor.

Read on www.scottishfinancialnews.com →

Scottish drone business flies high with support from Business Gateway

Published 1 year ago

A family-run business based in Lanarkshire has successfully expanded its services to offer the latest drone technology across the UK after its owners accessed support from Business Gateway.

Read on www.scottishfinancialnews.com →

Scottish SMEs receive £1m support to explore additive manufacturing

Published 1 year ago

A £1 million project has encouraged more than 100 small to medium sized enterprises across Scotland’s manufacturing industry to explore the potential of additive manufacturing (AM) techniques – industrial 3D printing – that could add value and open up new commercial opportunities.

Read on www.scottishfinancialnews.com →

Changes to HNWI definitions bring unintended consequences for women investors and founders

Published 1 year ago

Changes to what constitutes a high-net-worth individual are likely to have the unintended consequence of negatively impacting on women investors and women-founded businesses in Scotland, investment specialists have said.

Read on www.scottishfinancialnews.com →

Scottish retail weathers January storms and economic chill

Published 1 year ago

There has been a 2.7% decrease in Scottish retail footfall, slightly better than the UK average of 2.8% year-on-year during the period of 31 December 2023 to 27 January 2024, the latest SRC-Sensormatic IQ data reveals.

Read on www.scottishfinancialnews.com →

Scotland’s GDP contracts slightly in November

Published 1 year ago

Scotland’s onshore GDP faced a marginal contraction of 0.1% in November, a slight improvement from the revised figure of -0.6% in October 2023, according to the latest date announced by the chief statistician.

Read on www.scottishfinancialnews.com →

FinTech Scotland deepens collaboration with global financial firms for inaugural innovation challenge

Published 1 year ago

FinTech Scotland, in collaboration with professional services supporter Deloitte, and with Tesco Bank, Morgan Stanley and abrdn, has launched a first-of-its-kind innovation challenge.

Read on www.scottishfinancialnews.com →

Bank of England maintains 5.25% rate, pending inflation clarity

Published 1 year ago

The Bank of England has decided to maintain interest rates at 5.25% for the fourth consecutive meeting, emphasising the need for “more evidence” that inflation is on a sustained downward trajectory before considering rate cuts.

Read on www.scottishfinancialnews.com →

Grant Thornton reports £363 million in deals for 2023

Published 1 year ago

Grant Thornton UK’s Scotland corporate finance team has reported a successful 2023, overcoming challenging market conditions.

Read on www.scottishfinancialnews.com →

Aegon UK completes Nationwide financial planning service integration

Published 1 year ago

Edinburgh-headquartered Aegon UK has completed the transfer of Nationwide Building Society’s financial planning service into the business.

Read on www.scottishfinancialnews.com →

Not-for-profit Locavore CIC enters administration as expansion plans unravel

Published 1 year ago

Glasgow-based Locavore Community Interest Company has entered administration on 30 January 2024, with Blair Nimmo and Geoff Jacobs of Interpath Advisory appointed as joint administrators.

Read on www.scottishfinancialnews.com →

Accounts Commission: Orkney Islands Council must bridge £27m funding gap

Published 1 year ago

Orkney Islands Council has been told it must shift its focus to ensuring its services remain financially sustainable, as it faces a significant funding gap of £27 million over the next four years.

Read on www.scottishhousingnews.com →

ICAEW: Scottish businesses balance confidence dip with strong growth prospects

Published 1 year ago

Business confidence in Scotland has dropped below both the UK average and the historical norm for the country, but remains in positive territory, according to a new survey of chartered accountants.

Read on www.scottishfinancialnews.com →