Three in four people in Scotland expect their savings to be negatively affected this year as economic pressures continue to mount, according to the Scottish Building Society (SBS) SBS' Savings Barometer surveyed people across Scotland about their financial habits and attitudes amid persistent econom
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Aberdein Considine’s Banking Litigation and Debt Recovery Team has been shortlisted for Legal Team of the Year at the Credit Awards next month. The team, which acts for major UK banks and financial institutions, will contest the award at a prestigious ceremony being held during Credit Week at
Wheatley Group has successfully retained its A+ credit rating with a stable outlook following its annual review by credit rating agency S&P Global.
Financial sustainability remains a paramount challenge for Scotland's 840 community land buyouts, a key theme at the recent Community Land Scotland Annual Conference.
The Treasury has sold its final shares in Royal Bank of Scotland-owner NatWest Group, concluding 17 years of public ownership that began with a £45 billion taxpayer bailout during the 2008 financial crisis. This full privatisation marks a symbolic moment for the bank, formerly Royal Bank of Sc
Henderson Loggie has appointed Grant Snedden to lead its games and digital sector team. Recent data from Scottish Games Network indicates that Scotland is home to 484 game studios, alongside numerous tech and games-adjacent companies. Nationally, the UK gaming market was valued at £7.63 billio
Gilson Gray has announced its latest round of promotions across its legal, financial management and property teams. A total of 19 employees have been elevated to new positions across the firm’s legal, financial management, property and business support teams, recognising the talent and achieve
On the back of growth over recent years, the internal audit team of Wbg is set to recruit seven graduates to its burgeoning team this summer. From an 11-strong team in 2022, Wbg’s internal audit department will number 30 staff members over the coming months.
The Scottish Fiscal Commission (SFC) has unveiled its latest economic and fiscal forecasts, indicating a slight improvement in the Scottish Government's available funding for 2025-26, which is now projected at £59.6 billion. This figure is almost £0.8bn higher than December 2024 estimate
A lack of access to critical resources is placing Edinburgh start-up businesses at risk, according to new research from HSBC UK. The data, taken from a survey of 1,000 UK entrepreneurs, found that 30% of Edinburgh founders lack the resources and support they need to start their business
Social Investment Scotland (SIS) has appointed Sharon Gillies as its new chief operations officer (COO). Ms Gillies joins the responsible finance provider from MND Scotland, where she has been director of operations and company secretary since 2022.
With creditor petitions for sequestration on the rise, Wbg, one of Scotland’s independent specialist full-service accountancy firms, is reminding debtors and their legal representatives of the strategic importance of the Form 33 Moratorium and the Debt Arrangement Scheme (DAS) as a preventativ
The Edinburgh office of Burges Salmon has grown rapidly since its launch in 2019 and, in the past 12 months, Scottish lawyers from across the firm’s built environment, energy and utilities, transport and financial services sectors completed over 90 transactions, totalling more than £3.1
A Scottish mother paid nearly £200,000 to her daughter using funds due to a supplier just days after they decided their company was insolvent and would cease trading. Hazel Lamont, 74, and her daughter Nicola Murray, 54, were directors of Scotparts UK Ltd, which was described on Companie
Accountants and business advisory firm CT is to hold an event to help third sector organisations navigate forthcoming changes to the charity Statement of Recommended Practice (SORP). The proposals, which were published in March and are currently under consultation until 20 June, include accounting a
