ScottishNews.com

Finance

VINCI Airports agrees to buy majority stake in Edinburgh Airport for £1.27bn

Published 1 year ago

VINCI Airports, a subsidiary of French conglomerate VINCI Concessions, has agreed to purchase an effective 50.01% stake in Edinburgh Airport Limited, the owning company of Edinburgh Airport, for a sum of £1.27 billion.

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Summit to address Scotland’s low innovation funding application rate

Published 1 year ago

Innovation in Scotland is being severely curtailed by very low levels of R&D tax relief and Patent Box claims, a leading innovation tax relief expert has warned ahead of a summit being convened later this month that aims to tackle the issue.

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Orbex rockets ahead with £16.7 million investment boost

Published 1 year ago

Forres-headquartered spaceflight company Orbex has closed an update to its Series C funding round, securing a further £16.7 million from a consortium of six major investors.

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Future Finance initiative launches to drive innovation in Scottish financial sector

Published 1 year ago

Firms in the financial services sector in Scotland have been invited to sign up for a new business and innovation support programme.

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Scotland’s tech firms to vie for global spotlight in KPMG innovator competition

Published 1 year ago

The search for the top tech innovator in Scotland has been launched as part of annual competition to highlight the next great technology business.

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Quantuma liquidators take charge of Scottish tree surgery business

Published 1 year ago

Quantuma’s Edinburgh and Glasgow-based managing directors and insolvency practitioners, Craig Morrison and Ian Wright, have been appointed joint liquidators to Arbroath-based Royal Oak Tree Services Ltd.

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SFE survey reveals tax disparity toll on Scotland’s financial sector

Published 1 year ago

Increasing tax disparity with the rest of the UK is a predominant worry among senior leaders in Scotland’s financial sector is the increasing tax disparity with the rest of the UK, according to Scottish Financial Enterprise (SFE).

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KPMG: Uptake of generative AI grows amongst Scottish financial chiefs

Published 1 year ago

Nearly a third (29%) of senior leaders in the financial services sector in Scotland use generative AI at least once a day at work, according to new research from KPMG UK.

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ICAS welcomes record number of Chartered Accountants

Published 1 year ago

The Institute of Chartered Accountants of Scotland (ICAS) has marked a record year with the highest number of annual admissions in its 170-year history.

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Azets director David Meldrum secures insolvency licence

Published 1 year ago

David Meldrum, director within Azets’ Scottish restructuring and insolvency team, has recently obtained his insolvency licence from ICAS, becoming the firm’s third practitioner to be licensed in Scotland.

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Borders accountancy firms unite to become JRW Hogg & Thorburn

Published 1 year ago

In a significant expansion, two Borders accountancy firms, Hogg & Thorburn and JRW, have formally merged.

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UK GDP records modest 0.1% rise in February

Published 1 year ago

The UK’s gross domestic product (GDP) rose by 0.1% in February, with the manufacturing and services sectors posting higher output, offsetting a significant decline in construction activity.

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SRC & KPMG: Early Easter boosts Scottish retail sales by 2.8%

Published 1 year ago

Retail sales in Scotland have seen a 2.8% increase in the five weeks to 30 March 2024, buoyed by the early arrival of Easter.

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Canaccord Genuity expands wealth management in Scotland with Intelligent Capital deal

Published 1 year ago

Glasgow-based Intelligent Capital has been acquired through Canaccord Genuity Group’s wealth management business in the UK.

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EQ Accountants increases headcount to 210 through Douglas Home & Co merger

Published 1 year ago

EQ Accountants has announced its merger with Douglas Home & Co.

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