ScottishNews.com

Finance

BDO: Salaries frozen and pay rises delayed ahead of employers’ NIC rise

Published 1 year ago

Salaries have been frozen and pay rises have been delayed ahead of the rise in employers’ National Insurance Contributions (NIC), which came into force on Sunday, a new survey has found.

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Consilium serves up advice to PJs Foods shareholders in sale to Tiffin Sandwiches

Published 1 year ago

Consilium Chartered Accountants has provided full lead advisory services to PJs Foods Limited in its sale to Tiffin Sandwiches.

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McLaren Insolvency appointed as Coatbridge decorating firm Orr closes after 40 years

Published 1 year ago

Gordon McIntyre and George Lafferty, insolvency practitioners with McLaren Insolvency, have been appointed joint provisional liquidators of Andrew P Orr (Decorators) Limited.

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New Dundee office for Johnston Carmichael as workforce hits 50

Published 1 year ago

Johnston Carmichael has relocated its Dundee operations to a larger office to accommodate significant growth and facilitate plans to double its local workforce.

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Martin Aitken team joins Armstrong Watson in strategic Glasgow merger

Published 1 year ago

Accountancy firm Armstrong Watson has significantly expanded its Glasgow operations through a merger with local firm Martin Aitken.

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KPMG: US tariffs on UK exports could see GDP growth fall to 0.8% in 2025 and 2026

Published 1 year ago

US President Donald Trump’s proposed tariffs could cost the UK economy nearly £22 billion over the next two years, according to analysis by KPMG.

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BK Plus acquires four Scottish accountancy firms in major expansion

Published 1 year ago

Accountancy firm BK Plus has significantly expanded its Scottish operations by acquiring four established practices – Walton Kilgour (Perth and Pitlochry), Ian MacFarlane Ltd (Falkirk), JC Wallace (Glasgow), and Bird Simpson (Dundee).

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PRA proposes raising FSCS deposit protection limit to £110,000

Published 1 year ago

The Prudential Regulation Authority (PRA) has proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000.

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Edinburgh land deal provides uplift for Murray Capital following £1.7m loss

Published 1 year ago

Murray Capital Holdings, the investment business of the Murray family, has announced its financial results for the year ending 30 June 2024, revealing a challenging period particularly impacted by the steel sector.

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Highland screen industry attracts over £3.5m growth in direct film spend

Published 1 year ago

Continuing with the trend over the past few years, Highland has seen the highest ever direct spend recorded for filming in The Highland Council region.

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Glasgow’s FRIL delivers £6 return for every £1 invested via innovation accelerator

Published 1 year ago

The Financial Regulation Innovation Lab (FRIL), operating from Glasgow City Region, is making significant strides in responsible financial innovation as a key component of the UK government’s Innovation Accelerator (IA) programme.

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Begbies Traynor administrators step in to seek buyer for Inveraray’s George Hotel

Published 1 year ago

Kenneth Craig and Kevin Mapstone of Begbies Traynor have been appointed joint administrators to Inveraray Inn Ltd, the company operating the historic George Hotel in Inveraray, after it was placed into administration by its directors.

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Fraser of Allander: Uncertain start to 2025 for Scottish economy as employers brace for increased costs

Published 1 year ago

Economic and business conditions in early 2025 showed limited improvement, as firms across Scotland brace for upcoming cost pressures.

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Bank of Scotland-owner trains 200 senior bankers to harness AI potential

Published 1 year ago

Lloyds Banking Group has announced it is strategically enhancing its artificial intelligence (AI) capabilities by training 200 senior leaders through an intensive 80-hour programme – “Leading with AI”.

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Potential share suspension looms for Wood Group after review uncovers ‘cultural failings’

Published 1 year ago

Aberdeen-headquartered Wood Group has announced it must restate financial results for its 2022 and 2023 financial years and the first half of 2024, following an independent review, which may lead to suspension of its shares from trading on the London Stock Exchange.

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