Finance
AAB enhances executive team to chart course for growth
Published 6 months ago
AAB has promoted three business leaders to its senior leadership team.
Read on www.scottishfinancialnews.com →
Scottish labour market shows slow progress as economic challenges persist
Published 6 months ago
The latest labour market statistics for January to March 2024 in Scotland reveal a mixed picture of progress and ongoing challenges.
Read on www.scottishfinancialnews.com →
South Harbour expansion propels Port of Aberdeen to record profits
Published 6 months ago
The Port of Aberdeen, the UK’s oldest business, has posted a £25.7 million operating profit, up from £21.3m, for the year 2023.
Read on www.scottishfinancialnews.com →
MHA joins forces with Roberts Nathan to form Baker Tilly Ireland
Published 6 months ago
Accountancy firm MHA, which recently expanded into Scotland, is now setting its sights on Ireland.
Read on www.scottishfinancialnews.com →
Azets: Scotland’s M&A sector bleeds £10m annually in unclaimed VAT
Published 6 months ago
Scotland’s £7.3 billion dealmaking sector could be forfeiting approximately £10 million in recoverable VAT every year for costs such as professional fees that are not being reclaimed, according to new research into the UK’s M&A sector by Azets.
Read on www.scottishfinancialnews.com →
Consilium guides Hamilton Robertson on acquisition by Greenwood Moreland
Published 6 months ago
Specialists in owner-managed businesses Consilium Chartered Accountants advised Hamilton Robertson Insurance Brokers (HRIB) on its acquisition by Greenwood Moreland.
Read on www.scottishfinancialnews.com →
RBS: Service sector boosts Scottish private sector growth in April
Published 6 months ago
Output for Scotland’s private sector grew marginally in April, along with the third consecutive monthly rise in new business, according to the Royal Bank of Scotland Business Activity Index.
Read on www.scottishfinancialnews.com →
Haventus secures £100m credit facility from SNIB and UK Infrastructure Bank
Published 6 months ago
Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the Scottish National Investment Bank (the Bank) and UK Infrastructure Bank (UKIB) with £50m investment from each.
Read on www.scottishfinancialnews.com →
Wood Group turns down £1.4bn takeover bid from Sidara
Published 6 months ago
Aberdeen-based oil services company Wood Group has declined a £1.4 billion takeover offer from Dubai-based rival Sidara, citing the offer as “fundamentally undervalued”.
Read on www.scottishfinancialnews.com →
Anticipation of future cut grows as BoE votes to hold rate rates again
Published 6 months ago
The Bank of England’s Monetary Policy Committee (MPC) has voted to maintain the Bank Rate at 5.25% in May, but experts say signs of an impending rate cut are clear.
Read on www.scottishfinancialnews.com →
3t raises $100m for global expansion through Norwegian bond issuance
Published 6 months ago
Scotland-based 3t, a provider of training, learning technologies and simulation solutions for safety-critical industries, has successfully issued bonds on the Norwegian Stock Market, raising $100 million (around £80m) in financing to aid planned strategic acquisitions.
Read on www.scottishfinancialnews.com →
Scottish small business outlook hits two-year high
Published 6 months ago
Small businesses in Scotland are more optimistic than at any time in the last two years, according to the Federation of Small Businesses (FSB).
Read on www.scottishfinancialnews.com →
TSB to close 10 more branches across Scotland
Published 6 months ago
TSB has announced a further 10 branch closures across Scotland, as part of a larger operational overhaul comprising 36 bank branches closures and 250 job cuts.
Read on www.scottishfinancialnews.com →
Citizen Ticket strengthens market position with TicketSellers & Eventree acquisition
Published 6 months ago
Ticketing and bookings platform Citizen Ticket has announced its acquisition of TicketSellers & Eventree, a fellow player in the event ticketing industry with over 25 years of operational excellence, for an undisclosed sum.
Read on www.scottishfinancialnews.com →
EY: Scotland GVA forecast edges upwards as employment headwinds remain
Published 6 months ago
A tempered rise in Scotland’s Gross Value Added (GVA) by 0.4%, down from the previous 0.7% forecast, is expected according to the latest EY ITEM Club Scottish Spring forecast.
Read on www.scottishfinancialnews.com →
AAB enhances executive team to chart course for growth
Published 6 months ago
AAB has promoted three business leaders to its senior leadership team.
Read on www.scottishfinancialnews.com →
Scottish labour market shows slow progress as economic challenges persist
Published 6 months ago
The latest labour market statistics for January to March 2024 in Scotland reveal a mixed picture of progress and ongoing challenges.
Read on www.scottishfinancialnews.com →
South Harbour expansion propels Port of Aberdeen to record profits
Published 6 months ago
The Port of Aberdeen, the UK’s oldest business, has posted a £25.7 million operating profit, up from £21.3m, for the year 2023.
Read on www.scottishfinancialnews.com →
MHA joins forces with Roberts Nathan to form Baker Tilly Ireland
Published 6 months ago
Accountancy firm MHA, which recently expanded into Scotland, is now setting its sights on Ireland.
Read on www.scottishfinancialnews.com →
Azets: Scotland’s M&A sector bleeds £10m annually in unclaimed VAT
Published 6 months ago
Scotland’s £7.3 billion dealmaking sector could be forfeiting approximately £10 million in recoverable VAT every year for costs such as professional fees that are not being reclaimed, according to new research into the UK’s M&A sector by Azets.
Read on www.scottishfinancialnews.com →
Consilium guides Hamilton Robertson on acquisition by Greenwood Moreland
Published 6 months ago
Specialists in owner-managed businesses Consilium Chartered Accountants advised Hamilton Robertson Insurance Brokers (HRIB) on its acquisition by Greenwood Moreland.
Read on www.scottishfinancialnews.com →
RBS: Service sector boosts Scottish private sector growth in April
Published 6 months ago
Output for Scotland’s private sector grew marginally in April, along with the third consecutive monthly rise in new business, according to the Royal Bank of Scotland Business Activity Index.
Read on www.scottishfinancialnews.com →
Haventus secures £100m credit facility from SNIB and UK Infrastructure Bank
Published 6 months ago
Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the Scottish National Investment Bank (the Bank) and UK Infrastructure Bank (UKIB) with £50m investment from each.
Read on www.scottishfinancialnews.com →
Wood Group turns down £1.4bn takeover bid from Sidara
Published 6 months ago
Aberdeen-based oil services company Wood Group has declined a £1.4 billion takeover offer from Dubai-based rival Sidara, citing the offer as “fundamentally undervalued”.
Read on www.scottishfinancialnews.com →
Anticipation of future cut grows as BoE votes to hold rate rates again
Published 6 months ago
The Bank of England’s Monetary Policy Committee (MPC) has voted to maintain the Bank Rate at 5.25% in May, but experts say signs of an impending rate cut are clear.
Read on www.scottishfinancialnews.com →
3t raises $100m for global expansion through Norwegian bond issuance
Published 6 months ago
Scotland-based 3t, a provider of training, learning technologies and simulation solutions for safety-critical industries, has successfully issued bonds on the Norwegian Stock Market, raising $100 million (around £80m) in financing to aid planned strategic acquisitions.
Read on www.scottishfinancialnews.com →
Scottish small business outlook hits two-year high
Published 6 months ago
Small businesses in Scotland are more optimistic than at any time in the last two years, according to the Federation of Small Businesses (FSB).
Read on www.scottishfinancialnews.com →
TSB to close 10 more branches across Scotland
Published 6 months ago
TSB has announced a further 10 branch closures across Scotland, as part of a larger operational overhaul comprising 36 bank branches closures and 250 job cuts.
Read on www.scottishfinancialnews.com →
Citizen Ticket strengthens market position with TicketSellers & Eventree acquisition
Published 6 months ago
Ticketing and bookings platform Citizen Ticket has announced its acquisition of TicketSellers & Eventree, a fellow player in the event ticketing industry with over 25 years of operational excellence, for an undisclosed sum.
Read on www.scottishfinancialnews.com →
EY: Scotland GVA forecast edges upwards as employment headwinds remain
Published 6 months ago
A tempered rise in Scotland’s Gross Value Added (GVA) by 0.4%, down from the previous 0.7% forecast, is expected according to the latest EY ITEM Club Scottish Spring forecast.
Read on www.scottishfinancialnews.com →