Finance
Edinburgh’s Living Wage movement grows with 91 new accreditations
Published 2 months ago
In celebration of Living Wage Week, Edinburgh is shares its progress in championing fair wages, with the city recording over 700 Living Wage employers and covering more than 200,000 employees.
Read on www.scottishfinancialnews.com →
BoE cuts interest rates to 4.75% despite budget-fuelled inflation fears
Published 2 months ago
Despite forecasting that the Chancellor’s recent budget will prolong the fight against inflation, The Bank of England has cut the base interest rate a further 0.25 percentage points, bringing the interest rate to 4.75% and marking the second cut this year.
Read on www.scottishfinancialnews.com →
Start Up Loans empowers over 320 Scottish entrepreneurs with £3m in funding
Published 2 months ago
Since 2012, the British Business Bank’s Start Up Loans programme has provided over 320 entrepreneurs in Scotland with £3 million in funding to launch their own businesses.
Read on www.scottishfinancialnews.com →
ICAS’ CA Summit 2024 to explore the future of business
Published 2 months ago
Industry voices will come together this month for the CA Summit, an award-winning global business event offering fascinating insights into how technology, socioeconomics and politics are redefining the way we live and work.
Read on www.scottishfinancialnews.com →
AAB holds top spot in Experian M&A rankings for second year
Published 2 months ago
AAB has again has retained its position as top financial adviser in Scotland with 20 deals, according to the latest Experian M&A rankings.
Read on www.scottishfinancialnews.com →
CBI partners with Zumo to track digital asset sustainability
Published 2 months ago
Edinburgh-based fintech Zumo, a digital-assets-as-a-service platform, and United Arab Emirates-based bank Commercial Bank International (CBI) have signed a memorandum of understanding (MOU).
Read on www.scottishfinancialnews.com →
Chancellor reforms IHT and hikes CGT and employers’ NIC
Published 2 months ago
Chancellor Rachel Reeves has confirmed a rise in capital gains tax (CGT) and employers’ national insurance contributions (NIC) in today’s Autumn Budget statement.
Read on www.scottishfinancialnews.com →
Rangers reports £17.2m loss despite record revenue
Published 2 months ago
Rangers Football Club has posted a £17.2 million loss, for the year ended 30 June 2024, despite record revenues of £88.3m.
Read on www.scottishfinancialnews.com →
Wbg buys Azets’ personal insolvency caseload
Published 2 months ago
Wbg has acquired the Scottish personal insolvency book of accountants and business advisors Azets for an undisclosed sum.
Read on www.scottishfinancialnews.com →
Inverness underfloor heating business becomes employee owned
Published 2 months ago
Optimum Underfloor Heating Ltd has moved to employee ownership via an Employee Ownership Trust (EOT).
Read on www.scottishfinancialnews.com →
Scottish GDP goes into retreat ahead of the UK Budget
Published 2 months ago
Scotland’s GDP fell by 0.3% in August, following growth of 0.5% in July (revised from 0.3%).
Read on www.scottishfinancialnews.com →
Northern Accountants expands to Scotland with Empowered by Cloud acquisition
Published 2 months ago
Northern Accountants has acquired Dunfermline-based Empowered By Cloud, accountancy expert for the trades and construction industry, for an undisclosed six-figure sum.
Read on www.scottishfinancialnews.com →
HSBC CEO rejects breakup talk despite restructuring
Published 2 months ago
Coinciding with its announcement of a better-than-expected 10% rise in pre-tax profits to $8.5 billion (c. £6.6bn) during Q3 2024, HSBC’s CEO, Georges Elhedery, has dismissed speculation that the bank’s recent restructuring signals a potential breakup.
Read on www.scottishfinancialnews.com →
Skills shortages and tax reform top Budget wish list for Scottish businesses
Published 2 months ago
Scottish businesses have called for a competitive tax system and solutions to skills shortages in Chancellor Rachel Reeves’ first Budget, according to Bank of Scotland.
Read on www.scottishfinancialnews.com →
Report: Funding challenges threaten Scotland’s local authorities
Published 2 months ago
Scottish councils are facing a severe financial crisis due to ongoing inflation, wage pressures, and rising service demands, according to a new report by the Chartered Institute of Public Finance and Accountancy (CIPFA) and the Local Government Information Unit (LGIU).
Read on www.scottishfinancialnews.com →
Edinburgh’s Living Wage movement grows with 91 new accreditations
Published 2 months ago
In celebration of Living Wage Week, Edinburgh is shares its progress in championing fair wages, with the city recording over 700 Living Wage employers and covering more than 200,000 employees.
Read on www.scottishfinancialnews.com →
BoE cuts interest rates to 4.75% despite budget-fuelled inflation fears
Published 2 months ago
Despite forecasting that the Chancellor’s recent budget will prolong the fight against inflation, The Bank of England has cut the base interest rate a further 0.25 percentage points, bringing the interest rate to 4.75% and marking the second cut this year.
Read on www.scottishfinancialnews.com →
Start Up Loans empowers over 320 Scottish entrepreneurs with £3m in funding
Published 2 months ago
Since 2012, the British Business Bank’s Start Up Loans programme has provided over 320 entrepreneurs in Scotland with £3 million in funding to launch their own businesses.
Read on www.scottishfinancialnews.com →
ICAS’ CA Summit 2024 to explore the future of business
Published 2 months ago
Industry voices will come together this month for the CA Summit, an award-winning global business event offering fascinating insights into how technology, socioeconomics and politics are redefining the way we live and work.
Read on www.scottishfinancialnews.com →
AAB holds top spot in Experian M&A rankings for second year
Published 2 months ago
AAB has again has retained its position as top financial adviser in Scotland with 20 deals, according to the latest Experian M&A rankings.
Read on www.scottishfinancialnews.com →
CBI partners with Zumo to track digital asset sustainability
Published 2 months ago
Edinburgh-based fintech Zumo, a digital-assets-as-a-service platform, and United Arab Emirates-based bank Commercial Bank International (CBI) have signed a memorandum of understanding (MOU).
Read on www.scottishfinancialnews.com →
Chancellor reforms IHT and hikes CGT and employers’ NIC
Published 2 months ago
Chancellor Rachel Reeves has confirmed a rise in capital gains tax (CGT) and employers’ national insurance contributions (NIC) in today’s Autumn Budget statement.
Read on www.scottishfinancialnews.com →
Rangers reports £17.2m loss despite record revenue
Published 2 months ago
Rangers Football Club has posted a £17.2 million loss, for the year ended 30 June 2024, despite record revenues of £88.3m.
Read on www.scottishfinancialnews.com →
Wbg buys Azets’ personal insolvency caseload
Published 2 months ago
Wbg has acquired the Scottish personal insolvency book of accountants and business advisors Azets for an undisclosed sum.
Read on www.scottishfinancialnews.com →
Inverness underfloor heating business becomes employee owned
Published 2 months ago
Optimum Underfloor Heating Ltd has moved to employee ownership via an Employee Ownership Trust (EOT).
Read on www.scottishfinancialnews.com →
Scottish GDP goes into retreat ahead of the UK Budget
Published 2 months ago
Scotland’s GDP fell by 0.3% in August, following growth of 0.5% in July (revised from 0.3%).
Read on www.scottishfinancialnews.com →
Northern Accountants expands to Scotland with Empowered by Cloud acquisition
Published 2 months ago
Northern Accountants has acquired Dunfermline-based Empowered By Cloud, accountancy expert for the trades and construction industry, for an undisclosed six-figure sum.
Read on www.scottishfinancialnews.com →
HSBC CEO rejects breakup talk despite restructuring
Published 2 months ago
Coinciding with its announcement of a better-than-expected 10% rise in pre-tax profits to $8.5 billion (c. £6.6bn) during Q3 2024, HSBC’s CEO, Georges Elhedery, has dismissed speculation that the bank’s recent restructuring signals a potential breakup.
Read on www.scottishfinancialnews.com →
Skills shortages and tax reform top Budget wish list for Scottish businesses
Published 2 months ago
Scottish businesses have called for a competitive tax system and solutions to skills shortages in Chancellor Rachel Reeves’ first Budget, according to Bank of Scotland.
Read on www.scottishfinancialnews.com →
Report: Funding challenges threaten Scotland’s local authorities
Published 2 months ago
Scottish councils are facing a severe financial crisis due to ongoing inflation, wage pressures, and rising service demands, according to a new report by the Chartered Institute of Public Finance and Accountancy (CIPFA) and the Local Government Information Unit (LGIU).
Read on www.scottishfinancialnews.com →