Finance
Scottish company insolvencies down 8% year-on-year
Published 11 months ago
Company insolvencies in Scotland have dropped 8% in November 2023 when compared to November 2022, according to the latest statistics published by the Insolvency Service.
Read on www.scottishfinancialnews.com →
Tough fiscal choices ahead for Scottish Government amidst £1.5bn funding gap
Published 11 months ago
The Scottish Government has been faced with a £1.5 billion shortfall in funding for next year due to increased spending pressures and new announcements, according to the Fraser of Allander Institute at the University of Strathclyde.
Read on www.scottishfinancialnews.com →
Scottish business warns against increasing tax divergence with UK
Published 11 months ago
A number of Scotland’s finance and business industry bodies have signed an open letter addressed to the Scottish Government ahead of next week’s Scottish Budget due on 19 December. They have articulated their collective stance and concerns regarding the upcoming Scottish Budget, emphasising the need for policies that bolster Scotland’s competitiveness and economic growth.
Read on www.scottishfinancialnews.com →
Bank of England keeps base rate unchanged at 5.25%
Published 11 months ago
The Bank of England (BoE) has again decided to maintain the base interest rate at 5.25%.
Read on www.scottishfinancialnews.com →
Two Scottish firms each awarded £50,000 from UK Fintech Innovation Challenge
Published 11 months ago
FinTech Scotland and Smart Data Foundry have announced the winners of their UK Fintech Innovation Challenge.
Read on www.scottishfinancialnews.com →
RBS and Social Bite to host Christmas dinner for people experiencing homelessness
Published 11 months ago
Royal Bank of Scotland is joining forces with Social Bite to host a Christmas dinner for people who’ve experienced homelessness.
Read on www.scottishfinancialnews.com →
Multiple sector decline leads to 0.3% October GDP contraction
Published 11 months ago
The UK economy has faced a downturn in October, with a contraction observed across all major sectors, which saw GDP fall by 0.3% month-on-month.
Read on www.scottishfinancialnews.com →
Moray Growth Deal’s £100m investment to spur sustainable and inclusive economic development
Published 11 months ago
Moray is undergoing a transformational economic revival with an infusion of over £100 million from the Moray Growth Deal.
Read on www.scottishfinancialnews.com →
Economic squeeze dampens Scottish retail’s festive spirit
Published 11 months ago
As Christmas 2023 approaches, Scottish retailers have been faced with a challenging trading environment, marked by a slowdown in sales growth, according to the KPMG-SRC Scottish Retail Sales Monitor.
Read on www.scottishfinancialnews.com →
James Anderson’s financial aid fuels SPFL Trust Trophy for another season
Published 11 months ago
The Scottish Professional Football League (SPFL) has confirmed the renewal of its title sponsorship deal with the SPFL Trust for the SPFL Trust Trophy, funded by philanthropist James Anderson, who was formerly partner at Baillie Gifford and fund manager of the Scottish Mortgage Investment Trust.
Read on www.scottishfinancialnews.com →
Consilium spearheads Smedvig’s $5m investment in Swedish tech firm
Published 11 months ago
Glasgow-based Consilium Chartered Accountants has successfully provided financial due diligence services to Smedvig Capital for its investment in Minut AB, a Swedish technology firm.
Read on www.scottishfinancialnews.com →
Rock Trust receives £0.9m from proceeds of Balnacraig School liquidation
Published 11 months ago
Surplus funds resulting from the winding up of one of Scotland’s oldest charities have been passed on to the Rock Trust to go towards the prevention of youth homelessness.
Read on www.scottishhousingnews.com →
Murray Capital achieves £4m profit amidst market volatility
Published 11 months ago
Edinburgh-based Murray Capital, a family-run business led by David and Keith Murray, has posted a profit before tax of £4 million for its latest financial year.
Read on www.scottishfinancialnews.com →
Edinburgh to reap £32m benefit as EICC secures historic conference pipeline
Published 11 months ago
In a significant boost for Edinburgh’s economy, the Edinburgh International Conference Centre (EICC) has achieved its strongest ever pipeline by securing 40 major conferences and events for the next 12-36 months.
Read on www.scottishfinancialnews.com →
Scottish medical sector revitalised with £3.35m funding for eco-friendly device manufacturing
Published 11 months ago
The Medical Device Manufacturing Centre (MDMC), a consortium led by Heriot-Watt University in Scotland, has received a significant financial boost with an additional £3.35 million funding from Scottish Enterprise.
Read on www.scottishfinancialnews.com →
Scottish company insolvencies down 8% year-on-year
Published 11 months ago
Company insolvencies in Scotland have dropped 8% in November 2023 when compared to November 2022, according to the latest statistics published by the Insolvency Service.
Read on www.scottishfinancialnews.com →
Tough fiscal choices ahead for Scottish Government amidst £1.5bn funding gap
Published 11 months ago
The Scottish Government has been faced with a £1.5 billion shortfall in funding for next year due to increased spending pressures and new announcements, according to the Fraser of Allander Institute at the University of Strathclyde.
Read on www.scottishfinancialnews.com →
Scottish business warns against increasing tax divergence with UK
Published 11 months ago
A number of Scotland’s finance and business industry bodies have signed an open letter addressed to the Scottish Government ahead of next week’s Scottish Budget due on 19 December. They have articulated their collective stance and concerns regarding the upcoming Scottish Budget, emphasising the need for policies that bolster Scotland’s competitiveness and economic growth.
Read on www.scottishfinancialnews.com →
Bank of England keeps base rate unchanged at 5.25%
Published 11 months ago
The Bank of England (BoE) has again decided to maintain the base interest rate at 5.25%.
Read on www.scottishfinancialnews.com →
Two Scottish firms each awarded £50,000 from UK Fintech Innovation Challenge
Published 11 months ago
FinTech Scotland and Smart Data Foundry have announced the winners of their UK Fintech Innovation Challenge.
Read on www.scottishfinancialnews.com →
RBS and Social Bite to host Christmas dinner for people experiencing homelessness
Published 11 months ago
Royal Bank of Scotland is joining forces with Social Bite to host a Christmas dinner for people who’ve experienced homelessness.
Read on www.scottishfinancialnews.com →
Multiple sector decline leads to 0.3% October GDP contraction
Published 11 months ago
The UK economy has faced a downturn in October, with a contraction observed across all major sectors, which saw GDP fall by 0.3% month-on-month.
Read on www.scottishfinancialnews.com →
Moray Growth Deal’s £100m investment to spur sustainable and inclusive economic development
Published 11 months ago
Moray is undergoing a transformational economic revival with an infusion of over £100 million from the Moray Growth Deal.
Read on www.scottishfinancialnews.com →
Economic squeeze dampens Scottish retail’s festive spirit
Published 11 months ago
As Christmas 2023 approaches, Scottish retailers have been faced with a challenging trading environment, marked by a slowdown in sales growth, according to the KPMG-SRC Scottish Retail Sales Monitor.
Read on www.scottishfinancialnews.com →
James Anderson’s financial aid fuels SPFL Trust Trophy for another season
Published 11 months ago
The Scottish Professional Football League (SPFL) has confirmed the renewal of its title sponsorship deal with the SPFL Trust for the SPFL Trust Trophy, funded by philanthropist James Anderson, who was formerly partner at Baillie Gifford and fund manager of the Scottish Mortgage Investment Trust.
Read on www.scottishfinancialnews.com →
Consilium spearheads Smedvig’s $5m investment in Swedish tech firm
Published 11 months ago
Glasgow-based Consilium Chartered Accountants has successfully provided financial due diligence services to Smedvig Capital for its investment in Minut AB, a Swedish technology firm.
Read on www.scottishfinancialnews.com →
Rock Trust receives £0.9m from proceeds of Balnacraig School liquidation
Published 11 months ago
Surplus funds resulting from the winding up of one of Scotland’s oldest charities have been passed on to the Rock Trust to go towards the prevention of youth homelessness.
Read on www.scottishhousingnews.com →
Murray Capital achieves £4m profit amidst market volatility
Published 11 months ago
Edinburgh-based Murray Capital, a family-run business led by David and Keith Murray, has posted a profit before tax of £4 million for its latest financial year.
Read on www.scottishfinancialnews.com →
Edinburgh to reap £32m benefit as EICC secures historic conference pipeline
Published 11 months ago
In a significant boost for Edinburgh’s economy, the Edinburgh International Conference Centre (EICC) has achieved its strongest ever pipeline by securing 40 major conferences and events for the next 12-36 months.
Read on www.scottishfinancialnews.com →
Scottish medical sector revitalised with £3.35m funding for eco-friendly device manufacturing
Published 11 months ago
The Medical Device Manufacturing Centre (MDMC), a consortium led by Heriot-Watt University in Scotland, has received a significant financial boost with an additional £3.35 million funding from Scottish Enterprise.
Read on www.scottishfinancialnews.com →