SCOT JCB, the Glasgow-based plant machinery specialist, has reported a 14.6% drop in pre-tax profits to £5.19 million for the year ending 31 December 2023.
Alternative finance lender Reward Funding provided a Prestwick-based restaurant owner with £1.14 million to complete the transformation of a new four-star boutique hotel and unlock business growth opportunities within the area’s lucrative golf tourism industry.
Glasgow-based specialist workforce optimisation software provider Corporate Modelling Services Ltd (CMS) has secured £750,000 in equity funding from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank.
Following a positive start to 2024, economic growth in the summer months has been more hesitant for the UK and Scotland according to the latest economic assessment from the Fraser of Allander Institute at the University of Strathclyde.
Scottish shopper numbers rose slightly in September, but this hasn’t translated into increased sales, according to the Scottish Retail Consortium (SRC).
As Scotland’s local councils face acute challenges, with budgets and workforce stretched to the limit, reform has become increasingly urgent, warns Audit Scotland’s Accounts Commission.
The Scottish Professional Football League (SPFL) has grown its turnover to £44.3 million – the highest ever figure in the league’s history, according to its newly-published annual accounts.
The pound sterling experienced its sharpest decline against the dollar since March, falling over 1% after Bank of England (BoE) Governor Andrew Bailey suggested the possibility of accelerated interest rate cuts.
Puma Private Equity, provider of growth capital to small and medium-sized businesses, has revealed its expansion plans for Scotland and rebrand to Puma Growth Partners.
The Old Course Limited, which owns the Old Course Hotel and Duke’s golf course in St Andrews, has reported a pre-tax loss of £1.4 million for the year ended 31 December 2023.
Aberdeenshire-based financial adviser Structured Financial Planning has reached over £100 million in assets under management, as it marks its 20th anniversary.