Finance
Scottish productivity startup Trickle wins £1m investment to fuel expansion
Published 1 year ago
Scottish workplace productivity startup Trickle has secured a £1 million investment led by Equity Gap, featuring contributions from Scottish Enterprise and London-based VC firm NoBa Capital.
Read on www.scottishfinancialnews.com →
British Business Bank faces £135m loss
Published 1 year ago
The British Business Bank (BBB) reported a £135 million post-tax loss in its latest financial year, predominantly due to a dip in tech company valuations.
Read on www.scottishfinancialnews.com →
Interpath Advisory joint administrators appointed as Recast Sports enters administration
Published 1 year ago
Alistair McAlinden and Chris Pole of Interpath Advisory have been appointed as joint administrators of Recast Sports Limited on 22 September 2023.
Read on www.scottishfinancialnews.com →
Kelvin Capital invests record £7.8m during first half of 2023
Published 1 year ago
Scottish-based investment syndicate Kelvin Capital has concluded record investment totalling £7.8 million in the first half of 2023, marking a 22% increase from the same period in 2022.
Read on www.scottishfinancialnews.com →
HMRC’s stricter R&D claim mandates put £100m at stake for Scottish firms
Published 1 year ago
Scottish businesses stand at risk of losing up to £100 million this year, a consequence of non-compliance with newly instated requirements for research and development (R&D) tax relief claims, an R&D tax relief expert has warned.
Read on www.scottishfinancialnews.com →
Finsbury Food Group accepts DBay Advisors’ £143.4m acquisition deal
Published 1 year ago
Finsbury Food Group, which acquired Coatbridge-based Lees earlier this year, has accepted an acquisition offer from Frisbee Bidco, a subsidiary owned by Isle of Man asset management firm DBay Advisors, in a deal valued at £143.4 million.
Read on www.scottishfinancialnews.com →
Bank of England votes to halt interest hikes as inflation falls
Published 1 year ago
The Bank of England (BoE) has opted to maintain interest rates at 5.25% in a tightly contested vote.
Read on www.scottishfinancialnews.com →
Springfield Properties suspends dividend and speculative developments amid challenging market
Published 1 year ago
Elgin-based housebuilder Springfield Properties has seen its share price take a hit after it suspended its dividend payments amid significant financial and housing market challenges.
Read on www.scottishhousingnews.com →
CIOT: Poor HMRC service levels harming business
Published 1 year ago
Widespread dissatisfaction regarding HMRC’s service levels among both tax agents and taxpayers has been highlighted by a recent survey carried out by the Chartered Institute of Taxation (CIOT).
Read on www.scottishfinancialnews.com →
Unexpected dip in August CPI inflation sparks interest rate debate
Published 1 year ago
Amidst anticipations of a rise following an upturn in petrol prices and a hike in alcohol duties in August, the Consumer Price Index (CPI) inflation has surprisingly decreased to 6.7%.
Read on www.scottishfinancialnews.com →
Glasgow clothing brand Quiz faces financial turbulence amid slumping sales
Published 1 year ago
Glasgow-based fashion retailer Quiz has issued a warning regarding its deteriorating income, signalling potential losses for the upcoming financial year.
Read on www.scottishfinancialnews.com →
Glasgow clothing brand Quiz faces financial turbulence amid slumping sales
Published 1 year ago
Glasgow-based fashion retailer Quiz has issued a warning regarding its deteriorating income, signalling potential losses for the upcoming financial year.
Read on www.scottishfinancialnews.com →
Former Skyscanner executive among key speakers for Invest2Scale 2023 in Edinburgh
Published 1 year ago
Shane Corstorphine, the founder of Scaling Up Consulting and ex-executive of Scottish unicorn company Skyscanner, will be a keynote speaker addressing Invest2Scale 2023 being held later this year in Edinburgh.
Read on www.scottishfinancialnews.com →
HIE and Shetland Council pledge £50,000 to extend business start-up scheme
Published 1 year ago
Highlands and Islands Enterprise (HIE), in partnership with Shetland Islands Council (SIC), has the extension of the Shetland business start-up grant scheme until 31 March 2025.
Read on www.scottishfinancialnews.com →
Grant Thornton: Salary freezes and restructures rife amongst the Scottish mid-market
Published 1 year ago
Rising interest rates and high costs have pushed many Scottish businesses to review their spending, freeze pay increases and restructure their operations, in a bid to manage their finances, according to new research from Grant Thornton UK LLP’s Business Outlook Tracker.
Read on www.scottishfinancialnews.com →
Scottish productivity startup Trickle wins £1m investment to fuel expansion
Published 1 year ago
Scottish workplace productivity startup Trickle has secured a £1 million investment led by Equity Gap, featuring contributions from Scottish Enterprise and London-based VC firm NoBa Capital.
Read on www.scottishfinancialnews.com →
British Business Bank faces £135m loss
Published 1 year ago
The British Business Bank (BBB) reported a £135 million post-tax loss in its latest financial year, predominantly due to a dip in tech company valuations.
Read on www.scottishfinancialnews.com →
Interpath Advisory joint administrators appointed as Recast Sports enters administration
Published 1 year ago
Alistair McAlinden and Chris Pole of Interpath Advisory have been appointed as joint administrators of Recast Sports Limited on 22 September 2023.
Read on www.scottishfinancialnews.com →
Kelvin Capital invests record £7.8m during first half of 2023
Published 1 year ago
Scottish-based investment syndicate Kelvin Capital has concluded record investment totalling £7.8 million in the first half of 2023, marking a 22% increase from the same period in 2022.
Read on www.scottishfinancialnews.com →
HMRC’s stricter R&D claim mandates put £100m at stake for Scottish firms
Published 1 year ago
Scottish businesses stand at risk of losing up to £100 million this year, a consequence of non-compliance with newly instated requirements for research and development (R&D) tax relief claims, an R&D tax relief expert has warned.
Read on www.scottishfinancialnews.com →
Finsbury Food Group accepts DBay Advisors’ £143.4m acquisition deal
Published 1 year ago
Finsbury Food Group, which acquired Coatbridge-based Lees earlier this year, has accepted an acquisition offer from Frisbee Bidco, a subsidiary owned by Isle of Man asset management firm DBay Advisors, in a deal valued at £143.4 million.
Read on www.scottishfinancialnews.com →
Bank of England votes to halt interest hikes as inflation falls
Published 1 year ago
The Bank of England (BoE) has opted to maintain interest rates at 5.25% in a tightly contested vote.
Read on www.scottishfinancialnews.com →
Springfield Properties suspends dividend and speculative developments amid challenging market
Published 1 year ago
Elgin-based housebuilder Springfield Properties has seen its share price take a hit after it suspended its dividend payments amid significant financial and housing market challenges.
Read on www.scottishhousingnews.com →
CIOT: Poor HMRC service levels harming business
Published 1 year ago
Widespread dissatisfaction regarding HMRC’s service levels among both tax agents and taxpayers has been highlighted by a recent survey carried out by the Chartered Institute of Taxation (CIOT).
Read on www.scottishfinancialnews.com →
Unexpected dip in August CPI inflation sparks interest rate debate
Published 1 year ago
Amidst anticipations of a rise following an upturn in petrol prices and a hike in alcohol duties in August, the Consumer Price Index (CPI) inflation has surprisingly decreased to 6.7%.
Read on www.scottishfinancialnews.com →
Glasgow clothing brand Quiz faces financial turbulence amid slumping sales
Published 1 year ago
Glasgow-based fashion retailer Quiz has issued a warning regarding its deteriorating income, signalling potential losses for the upcoming financial year.
Read on www.scottishfinancialnews.com →
Glasgow clothing brand Quiz faces financial turbulence amid slumping sales
Published 1 year ago
Glasgow-based fashion retailer Quiz has issued a warning regarding its deteriorating income, signalling potential losses for the upcoming financial year.
Read on www.scottishfinancialnews.com →
Former Skyscanner executive among key speakers for Invest2Scale 2023 in Edinburgh
Published 1 year ago
Shane Corstorphine, the founder of Scaling Up Consulting and ex-executive of Scottish unicorn company Skyscanner, will be a keynote speaker addressing Invest2Scale 2023 being held later this year in Edinburgh.
Read on www.scottishfinancialnews.com →
HIE and Shetland Council pledge £50,000 to extend business start-up scheme
Published 1 year ago
Highlands and Islands Enterprise (HIE), in partnership with Shetland Islands Council (SIC), has the extension of the Shetland business start-up grant scheme until 31 March 2025.
Read on www.scottishfinancialnews.com →
Grant Thornton: Salary freezes and restructures rife amongst the Scottish mid-market
Published 1 year ago
Rising interest rates and high costs have pushed many Scottish businesses to review their spending, freeze pay increases and restructure their operations, in a bid to manage their finances, according to new research from Grant Thornton UK LLP’s Business Outlook Tracker.
Read on www.scottishfinancialnews.com →