Scottish corporate insolvencies have decreased from 346 in Q4 2022-23 to 301 in Q4 2023-24, according to the latest insolvency data statistics from Accountant in Bankruptcy (AiB).
Dundee-based accountancy firm Ashton McGill, which is founded by father and son Alasdair and Andrew McGill, is pleased to announce business growth which resulted in a 41% increase in annual turnover for 2023.
Edinburgh-based ethical financial institution Capital Credit Union (CCU) has announced that its loan book has exceeded £25 million for the first time in its 35-year history.
The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses, just six months since the fund was launched to improve access to finance and provide a boost to the Scottish economy.
Wright, Johnston & Mackenzie is calling for for accelerated progress on investment zones and freeports to bolster economic growth, after its analysis showed a concerning downturn of foreign interest in Scottish businesses.
Northern Irish manufacturer and supplier of kitchen, bedroom and bathroom furniture, Woodland Kitchens, has agreed a deal to acquire Dundee-headquartered, JTC Furniture Group, in a transaction backed by investment from growth capital investor BGF.
The number of companies in Scotland filing for administration has hit its highest Q1 rate since before COVID-19, according to figures from Interpath Advisory.
Financial mutual Scottish Friendly has added a guarantee at the maturity date of its Junior ISA (JISA) policy for with-profits investors, to help more UK families invest for their children’s future with some peace of mind.