Finance
Scottish Housing Regulator highlights challenges as social landlords secure further £578m
Published 1 year ago
Scottish Registered Social Landlords (RSLs) have shown resilience, securing the confidence of both lenders and investors, according to the latest report from the Scottish Housing Regulator.
Read on www.scottishfinancialnews.com →
Wylie & Bisset joins calls for charity audit threshold re-evaluation
Published 1 year ago
Accountants and business advisers firm Wylie & Bisset has joined in calling on the Scottish government to urgently address the charity audit threshold disparity between Scotland and England and Wales, suggesting it should be doubled and brought into line with other regions.
Read on www.scottishfinancialnews.com →
Begbies Traynor: Alarming uptick in financial distress for Scottish businesses in Q3
Published 1 year ago
The business landscape in Scotland has become increasingly strained due to a combination of high interest rates and escalating operating costs, leading to growing numbers of businesses experiencing either early or advanced financial difficulties.
Read on www.scottishfinancialnews.com →
BR-DGE forges alliance with Sift to bolster payment safety
Published 1 year ago
Edinburgh-based payment orchestration innovator BR-DGE has unveiled a strategic collaboration with digital trust & safety firm Sift to bolster the defence against payment fraud for merchants.
Read on www.scottishfinancialnews.com →
Bank accounts to be offered to every Scot
Published 1 year ago
Scotland’s banking sector has unveiled a plan to ensure that every resident in Scotland is offered the opportunity to own a basic bank account.
Read on www.scottishfinancialnews.com →
EY Scotland celebrates promotions amid record UK revenues
Published 1 year ago
EY Scotland welcomes the appointment of nine new partners, 150 promotions and 100 graduates and apprentices, as the firm announces record UK revenues of £3.8 billion in FY23.
Read on www.scottishfinancialnews.com →
BASF Pharma expands in Lewis with £1.8m warehouse
Published 1 year ago
Life science company BASF Pharma (Callanish Ltd) has opened its £1.8 million consumables warehouse in the Isle of Lewis.
Read on www.scottishnews.com →
Business confidence in Scotland remains subdued as challenges continue
Published 1 year ago
Business confidence in Scotland is ahead of the UK average although challenges remain, a survey of chartered accountants published today by ICAEW has found.
Read on www.scottishnews.com →
FAI: Scottish economy’s sluggish growth and the road ahead
Published 1 year ago
Subdued growth prospects for the Scottish economy have been highlighted, with predicted growth rates of 0.2% in 2023, 0.7% in 2024, and 1.2% in 2025, according to the University of Strathclyde’s Fraser of Allander Institute.
Read on www.scottishfinancialnews.com →
Bank of Scotland owner Lloyds’ Q3 profits jump to £1.86bn
Published 1 year ago
Lloyds Banking Group, owner of Bank of Scotland and Scottish Widows, has reported a surge in its pre-tax profits for the third quarter to £1.86 billion from £576 million in the same period a year ago, a figure slightly surpassing the £1.82bn City analysts had forecasted.
Read on www.scottishfinancialnews.com →
Reward Finance Group amplifies SME support with £50m from Foresight Group
Published 1 year ago
SME business finance loans and asset-based solutions firm Reward Finance Group, which has an office in Edinburgh, has secured an additional £50 million to its credit line from the alternative investment manager, Foresight Group.
Read on www.scottishfinancialnews.com →
Aberdeen-headquartered activpayroll expands global reach with LIMES acquisition
Published 1 year ago
Provider of global payroll and HR solutions activpayroll has acquired LIMES International, a firm headquartered in the Netherlands and specialising in global mobility, tax, HR advisory, and payroll management, for an undisclosed amount.
Read on www.scottishfinancialnews.com →
Corporate insolvencies up nearly 5% year-on-year
Published 1 year ago
Scotland has experienced a 4.8% rise in corporate insolvency numbers (comprising liquidations and receiverships) for Q2 2023-2024, reaching 283 cases, in comparison to the same quarter in the preceding year, according to data released by Accountant in Bankruptcy.
Read on www.scottishfinancialnews.com →
Carbon Financial Partners to be acquired by Progeny
Published 1 year ago
Scottish financial advisory firm Carbon Financial Partners is poised for acquisition by Leeds-based professional services company Progeny for an undisclosed sum.
Read on www.scottishfinancialnews.com →
Glasgow’s Alba Bank partners with ClearBank to manage payments for SMEs
Published 1 year ago
Alba Bank, founded by Scottish entrepreneur Jim McColl, has partnered with ClearBank, the enabler of real-time clearing and embedded banking, to manage payments for its customers.
Read on www.scottishfinancialnews.com →
Scottish Housing Regulator highlights challenges as social landlords secure further £578m
Published 1 year ago
Scottish Registered Social Landlords (RSLs) have shown resilience, securing the confidence of both lenders and investors, according to the latest report from the Scottish Housing Regulator.
Read on www.scottishfinancialnews.com →
Wylie & Bisset joins calls for charity audit threshold re-evaluation
Published 1 year ago
Accountants and business advisers firm Wylie & Bisset has joined in calling on the Scottish government to urgently address the charity audit threshold disparity between Scotland and England and Wales, suggesting it should be doubled and brought into line with other regions.
Read on www.scottishfinancialnews.com →
Begbies Traynor: Alarming uptick in financial distress for Scottish businesses in Q3
Published 1 year ago
The business landscape in Scotland has become increasingly strained due to a combination of high interest rates and escalating operating costs, leading to growing numbers of businesses experiencing either early or advanced financial difficulties.
Read on www.scottishfinancialnews.com →
BR-DGE forges alliance with Sift to bolster payment safety
Published 1 year ago
Edinburgh-based payment orchestration innovator BR-DGE has unveiled a strategic collaboration with digital trust & safety firm Sift to bolster the defence against payment fraud for merchants.
Read on www.scottishfinancialnews.com →
Bank accounts to be offered to every Scot
Published 1 year ago
Scotland’s banking sector has unveiled a plan to ensure that every resident in Scotland is offered the opportunity to own a basic bank account.
Read on www.scottishfinancialnews.com →
EY Scotland celebrates promotions amid record UK revenues
Published 1 year ago
EY Scotland welcomes the appointment of nine new partners, 150 promotions and 100 graduates and apprentices, as the firm announces record UK revenues of £3.8 billion in FY23.
Read on www.scottishfinancialnews.com →
BASF Pharma expands in Lewis with £1.8m warehouse
Published 1 year ago
Life science company BASF Pharma (Callanish Ltd) has opened its £1.8 million consumables warehouse in the Isle of Lewis.
Read on www.scottishnews.com →
Business confidence in Scotland remains subdued as challenges continue
Published 1 year ago
Business confidence in Scotland is ahead of the UK average although challenges remain, a survey of chartered accountants published today by ICAEW has found.
Read on www.scottishnews.com →
FAI: Scottish economy’s sluggish growth and the road ahead
Published 1 year ago
Subdued growth prospects for the Scottish economy have been highlighted, with predicted growth rates of 0.2% in 2023, 0.7% in 2024, and 1.2% in 2025, according to the University of Strathclyde’s Fraser of Allander Institute.
Read on www.scottishfinancialnews.com →
Bank of Scotland owner Lloyds’ Q3 profits jump to £1.86bn
Published 1 year ago
Lloyds Banking Group, owner of Bank of Scotland and Scottish Widows, has reported a surge in its pre-tax profits for the third quarter to £1.86 billion from £576 million in the same period a year ago, a figure slightly surpassing the £1.82bn City analysts had forecasted.
Read on www.scottishfinancialnews.com →
Reward Finance Group amplifies SME support with £50m from Foresight Group
Published 1 year ago
SME business finance loans and asset-based solutions firm Reward Finance Group, which has an office in Edinburgh, has secured an additional £50 million to its credit line from the alternative investment manager, Foresight Group.
Read on www.scottishfinancialnews.com →
Aberdeen-headquartered activpayroll expands global reach with LIMES acquisition
Published 1 year ago
Provider of global payroll and HR solutions activpayroll has acquired LIMES International, a firm headquartered in the Netherlands and specialising in global mobility, tax, HR advisory, and payroll management, for an undisclosed amount.
Read on www.scottishfinancialnews.com →
Corporate insolvencies up nearly 5% year-on-year
Published 1 year ago
Scotland has experienced a 4.8% rise in corporate insolvency numbers (comprising liquidations and receiverships) for Q2 2023-2024, reaching 283 cases, in comparison to the same quarter in the preceding year, according to data released by Accountant in Bankruptcy.
Read on www.scottishfinancialnews.com →
Carbon Financial Partners to be acquired by Progeny
Published 1 year ago
Scottish financial advisory firm Carbon Financial Partners is poised for acquisition by Leeds-based professional services company Progeny for an undisclosed sum.
Read on www.scottishfinancialnews.com →
Glasgow’s Alba Bank partners with ClearBank to manage payments for SMEs
Published 1 year ago
Alba Bank, founded by Scottish entrepreneur Jim McColl, has partnered with ClearBank, the enabler of real-time clearing and embedded banking, to manage payments for its customers.
Read on www.scottishfinancialnews.com →