ScottishNews.com

Finance

Successful first year fuels Hutcheon Mearns Real Estate’s growth plans

Published 1 year ago

Aberdeen-based specialist property services provider Hutcheon Mearns Real Estate has announced it is targeting further expansion following a highly successful first year in operation.

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Beeks logs £4.99m gross profit on 25% revenue increase in H1 2024

Published 1 year ago

Beeks Financial Cloud Group Plc, the Braehead-based cloud computing and connectivity provider for financial markets, has reported its revenues surged 25% to £12.96 million, up from £12.96m, in its latest results for the six months ended 31 December 2023.

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Corran Capital secures £80m for clean energy investments

Published 1 year ago

Edinburgh-based Corran Capital has secured £80 million for its second fund, Corran II, dedicated to investments in clean energy and climate-focused companies throughout the UK.

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Tax-free shopping restoration gains Scottish Government backing

Published 1 year ago

The Scottish Retail Consortium has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors.

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CBI-Fraser of Allander index calls for action in Spring Budget

Published 1 year ago

Ahead of tomorrow’s Spring Budget, the annual CBI-Fraser of Allander Scottish Productivity Index is published today with a call for businesses and the Scottish and UK governments to work together to unlock investment, build sustainable growth, and to help Scottish firms achieve success globally.

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NFU Scotland partners with Anglo Scottish Asset Finance to launch NFU Scotland Finance

Published 1 year ago

Scottish agricultural organisation NFU Scotland has teamed up with Anglo Scottish Asset Finance, a County Durham-based business finance broker, to establish NFU Scotland Finance.

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STV Group CEO to depart as ad revenue dips

Published 1 year ago

STV Group has reported a 22% year-on-year drop in operating profit, attributing the decline to a challenging TV advertising landscape and inflationary cost pressures.

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Grant Thornton: Mid-sized firms seek infrastructure improvements and R&D incentives in upcoming budget

Published 1 year ago

Ahead of the Chancellor’s budget on 6 March, new research from Grant Thornton UK LLP has revealed that businesses would like to see government focus on investing in skills and training to support business growth, as the competition for talent intensifies.

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Miconex partners with GiftRound to inject £1m into towns and cities

Published 1 year ago

Perth-based gift card operator Miconex has joined forces with Edinburgh’s GiftRound, creating a partnership poised to infuse an estimated £1 million annually into local economies.

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Equity investment in smaller Scottish businesses resilient despite 2023 drop

Published 1 year ago

Equity investment in Scotland’s smaller businesses nearly halved last year but was still ahead of the UK average and on track to record the third highest annual figure in the last decade, according to new research from the British Business Bank.

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SIS leads £62m fund for small businesses in England and Wales

Published 1 year ago

Responsible finance provider Social Investment Scotland (SIS) is spearheading a new £62 million investment fund aimed at supporting small businesses in England and Wales, boosting local jobs and economic activity.

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EY: Scottish employment gap expected to widen compared to the rest of the UK

Published 1 year ago

While economic momentum and employment growth will gradually build throughout the UK over the next three years, Scotland’s labour market is expected to continue to see challenges and lag other regions, according to the latest EY Regional Economic Forecast.

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Abrdn’s Murray International Trust marks 19 years of dividend growth

Published 1 year ago

The board of Murray International Trust has announced its annual results for the fiscal year ending 31 December 2023.

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Scots grocers face highest UK business rates with proposed surtax

Published 1 year ago

A new analysis by the Scottish Retail Consortium (SRC) has found a Scotland-only business rate surtax being considered by Scottish Ministers would leave larger grocery stores here facing by far the highest business rate bills in the UK.

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Interpath Advisory joint administrators navigate Morale Home Furnishings through closing down sale

Published 1 year ago

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint administrators to Glasgow-based furniture and homeware retailer Morale Home Furnishings UK Limited on 28 February 2024.

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