ScottishNews.com

Finance

New tax checks come into effect for Scottish taxi and private hire drivers

Published 1 year ago

A new regulation has come into effect requiring Scotland’s 29,000 taxi and private hire drivers to undergo HM Revenue and Customs (HMRC) tax checks as a prerequisite for the renewal of their operating licences.

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Martin Gilbert’s AssetCo buys Indian asset manager

Published 1 year ago

Agile asset and wealth management AssetCo has acquired Indian fund manager Ocean Dial Asset Management, purchasing the entire issued share capital from Avendus Capital Asset Management.

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Scottish businesses maintain growth ambitions despite minor confidence dip

Published 1 year ago

Business confidence in Scotland experienced a minor dip in September, dropping three points to 33%, according to the latest Business Barometer by Bank of Scotland Commercial Banking.

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Glasgow City Council unveils new ethical investment strategy

Published 1 year ago

Glasgow City Council has approved a new investment strategy for Glasgow, structured around ethical investment principles.

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Economic optimism as Highlands and Islands attract over £1.1m in investments

Published 1 year ago

The financial year has gotten off to a good start for the Highlands and Islands region and has a promising outlook for inward investment.

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HIE supports expansion of Jamieson’s Spinning amid growing international demand

Published 1 year ago

Shetland’s only commercial woollen mill, Jamieson’s Spinning, located in Sandness, has experienced overwhelming success with its recently purchased Shima Seiki knitting machine, prompting the acquisition of another to meet soaring international demand for its ‘Made in Shetland’ products.

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New R&D tax relief figures show surge in UK company innovation investment

Published 1 year ago

New statistics released by HMRC today show UK companies significantly increased their levels of innovation investment in the 2021-22 tax year.

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Scottish growth lags with 0.1% GDP gain in July

Published 1 year ago

Scotland’s onshore GDP grew by 0.1% in July, following 0.0% growth in June 2023, according to statistics announced by the Chief Statistician.

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Stellar Omada lands £4.5m BGF investment for digital prowess in financial sector

Published 1 year ago

Edinburgh-headquartered technology services firm Stellar Omada has secured a £4.5 million investment from capital growth investors BGF.

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Sustainable finance industry leaders flock to Edinburgh for Ethical Finance Summit

Published 1 year ago

Over 500 finance sector professionals gathered in Edinburgh last week to help drive green and responsible finance forward, enabling the achievement of net zero goals in Scotland and around the world.

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Wild Braemar expands thanks to support and funding advice from Business Gateway

Published 1 year ago

An Aberdeenshire nature education and outdoor experience business has successfully expanded its service offering after the business owner received support and funding advice from Business Gateway.

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Sensor specialist Neuranics secures £1.9m investment led by Par Equity

Published 1 year ago

Sensor specialist startup Neuranics has secured a £1.9 million investment led by Par Equity.

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Scotland emerges as UK’s manufacturing powerhouse

Published 1 year ago

Scotland has emerged as the UK’s most productive manufacturing region, with manufacturing output per hour being 19% higher than the UK average, according to new analysis by PwC UK.

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16 jobs lost as Logie Glazing and Building Services enters administration

Published 1 year ago

Dundee-based Logie Glazing and Building Services Limited has entered administration and ceased trading, resulting in the redundancy of all 16 employees.

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Circularity Scotland accounts for £4.5m of SNIB’s £17.8m loss

Published 1 year ago

Pictured (L-R): Scottish National Investment Bank CEO Al Denholm and William Kyle, fund director at PfP Captial, visit a new housing development at Kane Neuk, in Newcraighall, Edinburgh where backing from the bank has delivered 104 homes (credit: Nick Mailer Photography)

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