ScottishNews.com

Finance

Capital Credit Union’s loanbook and membership intake hits new record

Published 1 year ago

Capital Credit Union (CCU) has recorded its highest-ever monthly intake of new members in its 35-year history, thanks to formal partnerships with Scotland’s sporting community and the greener energy supply chain.

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Cash ISA reforms delayed until after Spring Budget

Published 1 year ago

Plans to overhaul cash Individual Savings Accounts (ISAs) will not be announced in the upcoming Spring Statement, despite ongoing UK government consideration of reducing the annual contribution limit.

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Aveni.ai and Octopus Money partner to enhance financial advice with AI

Published 1 year ago

Edinburgh-headquartered Aveni.ai, a specialist in AI for financial services, has agreed a new partnership with Octopus Money.

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FCA backtracks on ‘name and shame’ investigation policy

Published 1 year ago

The Financial Conduct Authority (FCA) has abandoned its controversial proposals to publicly announce investigations into regulated firms, following significant backlash.

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Triple lock and youth worklessness reverse income tax trends

Published 1 year ago

Official figures have revealed a significant shift in income tax contributions, with more UK adults over 70 paying tax than those under 30, according to official government figures.

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Scottish schoolgirls crowned champions in Future Asset investment challenge

Published 1 year ago

Future Asset has announced the winners of its Growing Future Assets Investment Competition, an initiative designed to encourage more young women to pursue careers in investment management.

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The Cumberland extends ‘kinder banking’ to professional services

Published 1 year ago

The Cumberland Building Society has broadened its commercial offering to include professional services.

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KPMG aims to more than halve global units in major restructuring

Published 1 year ago

KPMG executives are pushing for significant consolidation among its national partnerships, seeking to drastically reduce the Big Four firm’s “economic units” from over 100 to just 32 by next year.

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Scottish private firms see mild contraction as job losses rise

Published 1 year ago

Scotland’s private sector output experienced a third consecutive monthly decline in February, according to the Royal Bank of Scotland’s Scotland Growth Tracker.

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Scottish retrofit firm sees turnover triple

Published 1 year ago

Ayrshire-based Green Home Systems has reported a 208% increase in turnover, rising from £6 million to £17m for the year ending 30 June 2024.

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Revolut and Visa launch legal fight against UK payment fee cap

Published 1 year ago

Revolut and Visa have launched legal challenges against the UK’s Payment Systems Regulator (PSR), disputing its proposed cap on international digital transaction fees.

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Alba Partners acquires Core Consultants Group in expansion drive

Published 1 year ago

Edinburgh-headquartered Alba Partners has acquired data and AI specialists Core Consultants Group, bolstering its service offerings and expanding its team.

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FRC introduces new tool to enhance access to company financial data

Published 1 year ago

The Financial Reporting Council (FRC) has launched the public beta of its Digital Reporting Viewer, a new tool designed to improve free access to structured company reporting data.

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Highland Spring targets £200m sales with new Bank of Scotland and Barclays support

Published 1 year ago

Highland Spring Group, producer of natural source waters, has secured £50 million in funding from Bank of Scotland and Barclays

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M&D Green acquires nine scottish pharmacies with advice from Azets and Blackadders

Published 1 year ago

Family-owned pharmacy chain M&D Green Group has acquired nine Scotland-located community pharmacies from Northern Ireland-based N.R. Gordon Ltd.

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