ScottishNews.com

Finance

Johnston Carmichael Wealth expands into Dundee following two senior appointments

Published 7 months ago

Johnston Carmichael Wealth has bolstered its presence in Dundee with the strategic appointments of Lauren Whitters and Duncan Fernie as financial planners.

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Decline in number of VAT-registered businesses

Published 7 months ago

The number of VAT-registered businesses in Scotland has declined by over 2,000, new figures reveal.

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British Business Bank backs Edinburgh film and photography start-up

Published 7 months ago

Film and photography start-up OJE Studios is expanding its headcount and relocating operations to Edinburgh after a funding boost from the British Business Bank’s Start Up Loans scheme.

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RSM takes up new Aberdeen city centre office

Published 7 months ago

RSM’s Aberdeen team has relocated to The Capitol – an award-winning office space in Aberdeen city centre.

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Scottish economy records 0.6% GDP growth in January

Published 7 months ago

Following unrevised 0.4% growth in December 2023, Scotland’s onshore GDP grew by 0.6% in January 2024, according to the Chief Statistician.

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EDC Group embraces employee ownership trust model

Published 7 months ago

The EDC group of companies, comprising EDC Scotland, EDC North East, and EDC Air Compressors, has announced its transition to an employee ownership trust (EOT) model after over two decades in business.

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Ember secures £11 million to supercharge electric bus revolution

Published 7 months ago

Ember has announced that it has raised an £11 million Series A financing round, led by Inven Capital, 2150 and AENU.

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Fraser of Allander: Scottish economy slowly recovering in line with expectations

Published 7 months ago

Economic data in early 2024 is showing that the economy is likely to be recovering hesitantly, as expected, following the contractions in growth in the final part of 2023. This comes in the latest economic assessment from the Fraser of Allander Institute at the University of Strathclyde.

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SCC: Cashflow and profitability decline for Scottish businesses as high costs hammer businesses

Published 7 months ago

The first quarter has seen a significant downturn in cashflow and profits for Scottish businesses, with sizeable contractions recorded across four of the five sectors, according to the latest Scottish Chambers of Commerce quarterly economic indicator.

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Scottish SMEs to brace for lower R&D tax rewards from April

Published 7 months ago

The financial landscape for Scottish businesses is about to be affected by a game-changing overhaul in R&D tax credits set to kick in on 1 April 2024.

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Castle Community Bank posts strong membership growth

Published 7 months ago

Leith-headquartered Castle Community Bank has reported a year of strong growth for 2023 at its AGM, with total membership figures up to over 46,000 in September.

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Unity Trust Bank tops £1bn lending for social impact

Published 7 months ago

Unity Trust Bank, which supports organisations delivering positive social impact across the UK, has reported record lending of over £1 billion in its 2023 annual results.

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Investment in Scottish firms almost halves to £359m during 2023

Published 7 months ago

A KPMG report has revealed that 115 Scottish companies received over £359 million in venture capital (VC) funding in 2023 – almost half the 2022 total.

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N4 Partners takes majority stake in Opulus Financial

Published 7 months ago

N4 Partners has completed a further seven-figure investment to become the majority shareholder of accounting, tax and audit firm Opulus Financial.

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Azets manages provisional liquidation of Dumfriesshire Haulage firm

Published 7 months ago

Richard Oddy and Blair Milne of Azets have been appointed joint provisional liquidators to Hayden Chilled Limited after a winding-up petition was presented by the company’s director.

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