Finance
HSBC targets $1.5bn cost cuts as pretax profits rise 6.6% in latest results
Published 4 months ago
HSBC has announced plans to save $300 million (c. £240m) in 2025 and cut $1.5 billion (c. £1.2bn) from its annual cost base by the end of next year.
Read on www.scottishfinancialnews.com →
Businesses urged to explore non-salary benefits to mitigate NIC rise
Published 4 months ago
Businesses concerned about the new 15% employers’ national insurance contributions (NIC) rate have less than 50 days in which to reduce the impact of the higher rate by embracing non-salary alternatives that reduce costs whilst continuing to provide employees with attractive remuneration packages, an employment tax specialist has said.
Read on www.scottishfinancialnews.com →
Azets promotes 21 Scottish staff as it targets double-digit growth
Published 4 months ago
Almost six months after acquiring Glasgow accountancy and wealth management firm Milne Craig, Azets has unveiled ambitious plans to achieve double-digit growth across its Scottish operations in the coming year.
Read on www.scottishfinancialnews.com →
RBS unveils updated £7.5bn UK social housing sector lending ambition
Published 4 months ago
Royal Bank of Scotland, which is part of the NatWest Group, has announced an updated package of targeted lending and support for UK social housing, aimed at supporting local housing authorities and homeowners alike in the face of ongoing economic pressures.
Read on www.scottishhousingnews.com →
HNH Partners targets double-digit growth with new Edinburgh HQ
Published 4 months ago
Financial advisory firm HNH Partners is targeting double-digit growth in 2025 with a move to a new larger Scottish headquarters in Edinburgh.
Read on www.scottishfinancialnews.com →
RBS: Scottish business confidence remains subdued as job losses continue
Published 4 months ago
Scotland’s private sector showed tentative signs of recovery in January, according to the Royal Bank of Scotland Growth Tracker.
Read on www.scottishfinancialnews.com →
ESG fintech secures £1m for Glasgow expansion
Published 4 months ago
ESG360°, a sustainability-focused fintech firm headquartered in London, has revealed plans to expand its Glasgow office after securing a £1 million grant from Scottish Enterprise (SE).
Read on www.scottishfinancialnews.com →
Perthshire shed company introduces employee profit share scheme
Published 4 months ago
Gillies and Mackay Ltd, a Perth-based manufacturer of premium timber buildings, has announced the launch of its employee profit share scheme.
Read on www.scottishfinancialnews.com →
Event supports company compliance with new anti-fraud legislation
Published 4 months ago
CMS is holding a free event later this month designed to help companies comply with new UK anti-fraud legislation.
Read on www.scottishlegal.com →
Techscaler fuels £118m investment in Scottish startups
Published 4 months ago
Start-up tech companies participating in the Scottish Government’s Techscaler business accelerator programme have raised more than £118 million of capital investment in the past two years.
Read on www.scottishfinancialnews.com →
KPMG: Private equity investment in Scotland jumps by over 35%
Published 4 months ago
Private equity (PE) investment in Scotland surged by over a third (35.6%) in 2024, reaching £9.4 billion, according to KPMG UK’s latest Private Equity Review.
Read on www.scottishfinancialnews.com →
BoE cuts interest to 4.5% as stagflation fears rise
Published 4 months ago
The Bank of England (BoE) has lowered interest rates to 4.5%, a 0.25% reduction, amidst concerns about rising inflation and sluggish economic growth.
Read on www.scottishfinancialnews.com →
Dains Group acquires Consilium Chartered Accountants
Published 4 months ago
Dains Group has expanded its Scottish presence with the acquisition of Glasgow-based Consilium Chartered Accountants.
Read on www.scottishfinancialnews.com →
TLT assists clinical-stage diagnostics company on investment
Published 4 months ago
TLT has advised a Glasgow-based diagnostics company that has pioneered the early detection and identification of cancer on a multimillion-pound investment.
Read on www.scottishlegal.com →
‘Hugely challenging’ insurance market turning corner, finds SFHA
Published 4 months ago
Housing associations face a challenging insurance market amid huge increases in premiums, research commissioned by the Scottish Federation of Housing Associations (SFHA) has found.
Read on www.scottishhousingnews.com →
HSBC targets $1.5bn cost cuts as pretax profits rise 6.6% in latest results
Published 4 months ago
HSBC has announced plans to save $300 million (c. £240m) in 2025 and cut $1.5 billion (c. £1.2bn) from its annual cost base by the end of next year.
Read on www.scottishfinancialnews.com →
Businesses urged to explore non-salary benefits to mitigate NIC rise
Published 4 months ago
Businesses concerned about the new 15% employers’ national insurance contributions (NIC) rate have less than 50 days in which to reduce the impact of the higher rate by embracing non-salary alternatives that reduce costs whilst continuing to provide employees with attractive remuneration packages, an employment tax specialist has said.
Read on www.scottishfinancialnews.com →
Azets promotes 21 Scottish staff as it targets double-digit growth
Published 4 months ago
Almost six months after acquiring Glasgow accountancy and wealth management firm Milne Craig, Azets has unveiled ambitious plans to achieve double-digit growth across its Scottish operations in the coming year.
Read on www.scottishfinancialnews.com →
RBS unveils updated £7.5bn UK social housing sector lending ambition
Published 4 months ago
Royal Bank of Scotland, which is part of the NatWest Group, has announced an updated package of targeted lending and support for UK social housing, aimed at supporting local housing authorities and homeowners alike in the face of ongoing economic pressures.
Read on www.scottishhousingnews.com →
HNH Partners targets double-digit growth with new Edinburgh HQ
Published 4 months ago
Financial advisory firm HNH Partners is targeting double-digit growth in 2025 with a move to a new larger Scottish headquarters in Edinburgh.
Read on www.scottishfinancialnews.com →
RBS: Scottish business confidence remains subdued as job losses continue
Published 4 months ago
Scotland’s private sector showed tentative signs of recovery in January, according to the Royal Bank of Scotland Growth Tracker.
Read on www.scottishfinancialnews.com →
ESG fintech secures £1m for Glasgow expansion
Published 4 months ago
ESG360°, a sustainability-focused fintech firm headquartered in London, has revealed plans to expand its Glasgow office after securing a £1 million grant from Scottish Enterprise (SE).
Read on www.scottishfinancialnews.com →
Perthshire shed company introduces employee profit share scheme
Published 4 months ago
Gillies and Mackay Ltd, a Perth-based manufacturer of premium timber buildings, has announced the launch of its employee profit share scheme.
Read on www.scottishfinancialnews.com →
Event supports company compliance with new anti-fraud legislation
Published 4 months ago
CMS is holding a free event later this month designed to help companies comply with new UK anti-fraud legislation.
Read on www.scottishlegal.com →
Techscaler fuels £118m investment in Scottish startups
Published 4 months ago
Start-up tech companies participating in the Scottish Government’s Techscaler business accelerator programme have raised more than £118 million of capital investment in the past two years.
Read on www.scottishfinancialnews.com →
KPMG: Private equity investment in Scotland jumps by over 35%
Published 4 months ago
Private equity (PE) investment in Scotland surged by over a third (35.6%) in 2024, reaching £9.4 billion, according to KPMG UK’s latest Private Equity Review.
Read on www.scottishfinancialnews.com →
BoE cuts interest to 4.5% as stagflation fears rise
Published 4 months ago
The Bank of England (BoE) has lowered interest rates to 4.5%, a 0.25% reduction, amidst concerns about rising inflation and sluggish economic growth.
Read on www.scottishfinancialnews.com →
Dains Group acquires Consilium Chartered Accountants
Published 4 months ago
Dains Group has expanded its Scottish presence with the acquisition of Glasgow-based Consilium Chartered Accountants.
Read on www.scottishfinancialnews.com →
TLT assists clinical-stage diagnostics company on investment
Published 4 months ago
TLT has advised a Glasgow-based diagnostics company that has pioneered the early detection and identification of cancer on a multimillion-pound investment.
Read on www.scottishlegal.com →
‘Hugely challenging’ insurance market turning corner, finds SFHA
Published 4 months ago
Housing associations face a challenging insurance market amid huge increases in premiums, research commissioned by the Scottish Federation of Housing Associations (SFHA) has found.
Read on www.scottishhousingnews.com →