ScottishNews.com

Finance

abrdn and University of Edinburgh partner to develop AI investment research tool

Published 9 months ago

abrdn and the University of Edinburgh have announced a pioneering project out of their partnership Centre for Investing Innovation that will seek to harness generative artificial intelligence (AI) to support the firm’s investment research process.

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Jerba Campervans drives to record turnover with first-half reaching £1.8m

Published 9 months ago

An employee-owned Scottish campervan specialist has recorded its best opening two quarters ever, with turnover from January to June reaching £1.8 million.

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Scottish property tax revenues top £628m

Published 9 months ago

Scottish property taxes reached £628.1 million in the year to May 2024, a £8.5m increase on the previous year (£619.6m), according to DJ Alexander Ltd.

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abrdn: Over 23 million adults have poor financial literacy

Published 9 months ago

Amid a looming retirement crisis and cost of living pressures, 64% of UK adults are being held back from investing in the next six months due to low risk tolerance, lack of confidence in the UK stock market and low engagement with investment products, according to abrdn.

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Miconex recognised for positive impact on communities

Published 9 months ago

Perth-based fintech Miconex has picked up the ‘A Force for Good’ award at the 2024 PayTech Awards.

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Record £175.4 million boost for Scotland’s public sector

Published 9 months ago

The Scottish Procurement Alliance (SPA) has reported a record-breaking year, supporting over 270 new projects worth £175.4 million to the Scottish economy in 2023/24.

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Andrew Morrison launches business sale readiness consultancy

Published 9 months ago

Edinburgh-based entrepreneur Andrew Morrison, has launched his new business, Business Sale Basecamp, a consultancy aimed at helping business owners prepare their companies for sale.

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National Galleries defends Baillie Gifford sponsorship amidst arts sector crisis

Published 9 months ago

The National Galleries of Scotland (NGS) has said it will maintain its sponsorship deal with Baillie Gifford, despite other cultural institutions cutting ties amid activist pressure due to the investment firm’s links to fossil fuels and Israeli settlements in the occupied West Bank.

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Edinburgh’s Legado extends reach across financial services sector

Published 9 months ago

Edinburgh-headquartered communications platform Legado has extended its reach across the financial services sector with FTSE 250 wealth manager Quilter among business wins this year.

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Assetz Capital completes £5m refinancing for Glasgow ibis Styles Hotel

Published 9 months ago

Assetz Capital, a lender in the SME commercial property and residential development sector, has completed a £5 million commercial mortgage to refinance the ibis Styles hotel in Glasgow.

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KPMG crowns OGI Bio as Scotland’s Tech Innovator 2024

Published 9 months ago

Edinburgh-based biotech firm OGI Bio has beaten off competition from nine local tech startups to be crowned Scotland’s Tech Innovator 2024 in KPMG’s UK-wide competition.

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Cautious optimism as Scottish businesses seek economic certainty

Published 9 months ago

Employment remains a key concern for businesses as firms report improving business conditions across all other measures, according to the latest Addleshaw Goddard Scottish Business Monitor (SBM) report.

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Global tax on billionaires could net $250 billion a year

Published 9 months ago

A new report commissioned by Brazil has proposed a global tax on billionaires, potentially raising up to $250 billion (around £197bn) annually.

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Energy finance firm Gneiss Energy taps into metals and mining sector

Published 9 months ago

Gneiss Energy, an Edinburgh and London-based energy finance advisory firm, has expanded its services to include metals and mining.

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Alliance Trust and Witan merge into £5 billion investment giant

Published 9 months ago

Alliance Trust PLC and Witan Investment Trust plc have announced they are merging to create Alliance Witan PLC.

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