Finance
Azets: Scotland’s M&A sector bleeds £10m annually in unclaimed VAT
Published 11 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 11 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 11 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 11 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 11 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 11 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 11 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 11 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 11 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 11 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 11 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 →
Scottish retail faces April sales slump amid early Easter and weather woes
Published 11 months ago
Scottish retail sales experienced a notable dip, reflecting a 4.0% year-on-year decrease compared to April 2023 figures, according to the Scottish Retail Consortium and KPMG.
Read on www.scottishfinancialnews.com →
Accountant marks 30 years in business with book to help SMEs succeed
Published 11 months ago
Marking three decades in the world of business, growth strategist and Chartered Accountant Craig Alexander Rattray unveils his latest endeavour, a book tailored to guide aspiring entrepreneurs on their journey to success.
Read on www.scottishfinancialnews.com →
Saffery announces Edinburgh team promotions and office relocation
Published 11 months ago
Following a round of promotions, acounting, audit, and tax advisory firm Saffery has signed a lease to move its Edinburgh team to new premises at 9 Haymarket Square later this year.
Read on www.scottishfinancialnews.com →
ICAS sustainability summit brings together regulatory experts and business leaders
Published 11 months ago
Scotland’s finance professionals and businesspeople gathered at ICAS’ second Sustainability Summit to discuss ever-increasing sustainability and ESG reporting requirements.
Read on www.scottishfinancialnews.com →
Azets: Scotland’s M&A sector bleeds £10m annually in unclaimed VAT
Published 11 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 11 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 11 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 11 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 11 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 11 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 11 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 11 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 11 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 11 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 11 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 →
Scottish retail faces April sales slump amid early Easter and weather woes
Published 11 months ago
Scottish retail sales experienced a notable dip, reflecting a 4.0% year-on-year decrease compared to April 2023 figures, according to the Scottish Retail Consortium and KPMG.
Read on www.scottishfinancialnews.com →
Accountant marks 30 years in business with book to help SMEs succeed
Published 11 months ago
Marking three decades in the world of business, growth strategist and Chartered Accountant Craig Alexander Rattray unveils his latest endeavour, a book tailored to guide aspiring entrepreneurs on their journey to success.
Read on www.scottishfinancialnews.com →
Saffery announces Edinburgh team promotions and office relocation
Published 11 months ago
Following a round of promotions, acounting, audit, and tax advisory firm Saffery has signed a lease to move its Edinburgh team to new premises at 9 Haymarket Square later this year.
Read on www.scottishfinancialnews.com →
ICAS sustainability summit brings together regulatory experts and business leaders
Published 11 months ago
Scotland’s finance professionals and businesspeople gathered at ICAS’ second Sustainability Summit to discuss ever-increasing sustainability and ESG reporting requirements.
Read on www.scottishfinancialnews.com →