ScottishNews.com

Finance

Employee ownership model gains momentum in Scotland with two new additions

Published 1 year ago

While one trades in steel and the other in numbers, two more Scottish firms - Alexander (Scotland) & Co and Glen Drummond Chartered Accountants - have opted to become employee owned, handing their respective employees a 100% share via the creation of an employee ownership trust (EOT).

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Chiene + Tait Financial Planning transforms into Seven Street Wealth following management acquisition

Published 1 year ago

Edinburgh-based financial advisory firm Chiene + Tait Financial Planning has undergone a management buyout led by directors Mark Dobson and Gordon Birrell.

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Hutcheon Mearns invests in new Aberdeen office amidst rapid growth

Published 1 year ago

Financial services firm Hutcheon Mearns has expanded its Scottish presence with the acquisition and refurbishment of a prominent Aberdeen office located at 2 Queens Road.

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Confidence returns to rural business while financial concerns continue

Published 1 year ago

Highlands and Islands businesses have growing confidence in Scotland’s economic output and the performance of individual enterprises, but concerns over finances remain prominent, according to a new survey of Scotland’s rural businesses and social enterprises.

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LINC Scotland launches new Angel Capital Scotland branding

Published 1 year ago

LINC Scotland, the national angel capital association, has launched a new operating brand, Angel Capital Scotland.

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K3 Capital Group tops Scottish M&A table for first half of 2023

Published 1 year ago

K3 Capital Group was the most prolific financial adviser in the Scottish M&A market in the first half of 2023, according to the latest Experian MarketIQ report.

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Scottish Dental Care pours £400k into Glasgow clinic refurbishment

Published 1 year ago

Scottish Dental Care has embarked on a significant expansion project at its Cardonald Dental Clinic in Glasgow, backed by a £400,000 investment.

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Provisional liquidators appointed to North Lands Creative Glass

Published 1 year ago

Blair Nimmo and Geoff Jacobs from Interpath Advisory have been appointed joint provisional liquidators of North Lands Creative Glass, a Caithness-based charity and company limited by guarantee, on 22 August 2023.

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Barclays sows the seeds for century-old Galloway and MacLeod expansion

Published 1 year ago

Scottish agriculture-feed manufacturer, Galloway and MacLeod, has expanded operations to five new overseas markets after receiving operational support from Barclays Corporate Banking.

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PwC UK’s annual results reveal cut to partner payouts amid £100m AI investment

Published 1 year ago

PwC UK has posted its financial performance for the last fiscal year, showing a rise in consolidated revenue by 16% to £5.8 billion.

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Wylie & Bisset urges proactive planning amid rising tide of inheritance tax

Published 1 year ago

With HMRC forecasting that 283,400 estates will face inheritance tax (IHT) by 2028, Wylie & Bisset has urged clients to seek an early assessment of their IHT exposure and plan ahead.

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Armstrong Watson bolsters Glasgow office with series of appointments and promotions

Published 1 year ago

Accounting and financial advisory firm Armstrong Watson has made a number of key promotions and appointments in its Glasgow office.

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R3: Overdue invoices in Scotland fall by almost 131,400 year-on-year

Published 1 year ago

Businesses in Scotland had 131,396 fewer unpaid invoices on their books in July 2023 than July 2022, according to new research from R3, the UK’s insolvency and restructuring trade body.

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Scots businesses hold £50bn in surplus cash

Published 1 year ago

Private businesses in Scotland have accumulated and now hold an average daily balance of £50 billion in their bank accounts, according to recent data from Azets.

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Consilium advises shareholders of JWF Process Solutions on Nevis Capital investment

Published 1 year ago

Consilium Chartered Accountants have acted for the shareholders of JWF Process Solutions as Nevis Capital acquired a significant stake in the Glasgow-based specialist engineering firm.

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