Finance
Flowcopter lands almost £1m from Scottish Enterprise to develop greener drones to rival helicopters
Published 1 year ago
A drone technology manufacturer has received almost £1 million from Scottish Enterprise to support the development of a new hybrid, heavy-lift, unmanned aircraft capable of operating on less than 30% of the aviation fuel used by a helicopter.
Read on www.scottishfinancialnews.com →
FSB calls for raising of VAT threshold to £100,000
Published 1 year ago
The Federation of Small Businesses (FSB) has urged the UK government to consider removing the “barrier to growth” many small businesses are faced with by raising the VAT threshold.
Read on www.scottishfinancialnews.com →
Insolvency slowdown in December offers brief respite for Scottish businesses
Published 1 year ago
There were 108 company insolvencies registered in Scotland in December 2023, 5% lower than the number in December 2022, according to the latest official statistics.
Read on www.scottishfinancialnews.com →
MacKay Corporate Insurance Brokers expands footprint with Glasgow office launch
Published 1 year ago
Ayr-headquartered MacKay Corporate Insurance Brokers has opened a new office in Glasgow.
Read on www.scottishfinancialnews.com →
Reward Finance Group announces new appointments and Dunfermline office opening
Published 1 year ago
Alternative finance lender, Reward Finance Group, has made two key business development appointments and opened new offices in Dunfermline, in response to reaching a £14.35 million lending milestone across Scotland.
Read on www.scottishfinancialnews.com →
BlackRock to take ownership of Edinburgh Airport as part of wider £9.43bn deal
Published 1 year ago
Ownership of Edinburgh Airport is set to change hands as part of BlackRock’s deal to acquire Global Infrastructure Partners (GIP) in a significant cash-and-stock transaction valued at over £9.43 billion.
Read on www.scottishfinancialnews.com →
Menzies Parcels faces closure amidst £28.1m revenue drop
Published 1 year ago
Menzies Parcels, a subsidiary of Menzies Distribution, is on the brink of closure, putting approximately 270 jobs at risk in the north of Scotland.
Read on www.scottishfinancialnews.com →
EQ Accountants joins Sumer’s growing business services network
Published 1 year ago
EQ Accountants have become the seventh and latest firm to join Sumer, a rapidly expanding business services platform delivering professional support to SMEs across the UK.
Read on www.scottishfinancialnews.com →
Thomson Cooper’s Jacqueline Whyte secures RI status
Published 1 year ago
Thomson Cooper Accountants has announced the attainment of Responsible Individual (RI) status by director of audit Jacqueline Whyte.
Read on www.scottishfinancialnews.com →
Fintech sector jobs grow 24% as FinTech Scotland marks sixth anniversary
Published 1 year ago
Scotland’s fintech landscape has experienced a robust 24% surge in job creation within fintech enterprises over the last two years, marking a significant milestone as FinTech Scotland celebrates its sixth anniversary.
Read on www.scottishfinancialnews.com →
IGG strengthens Scottish presence through acquisition of IC Select
Published 1 year ago
Provider of professional pensions trusteeship and governance services provider Independent Governance Group has acquired Edinburgh-based IC Select.
Read on www.scottishfinancialnews.com →
RSE doubles profits to £14m as revenue surges 71%
Published 1 year ago
Inverness-headquartered RSE has posted revenue of £198 million, 71% higher than the previous year (£115m), in latest its financial statements to March 2023.
Read on www.scottishfinancialnews.com →
Scottish retail ends year with December downturn
Published 1 year ago
In a challenging conclusion to 2023, Scottish retailers faced a disappointing December as sales figures revealed a decline in real terms.
Read on www.scottishfinancialnews.com →
Scots businesses brace for 2024 with robust growth and hiring plans
Published 1 year ago
Business confidence in Scotland fell ten points during December to 31%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.
Read on www.scottishfinancialnews.com →
Glasgow pharmacist expands services and restores historic building with £750,000 funding
Published 1 year ago
Supported by a £750,000 loan from Unity Trust Bank, Glasgow-trained pharmacist Raymond Kelly has transformed a derelict 19th-century building in Falkland into a state-of-the-art pharmacy.
Read on www.scottishfinancialnews.com →
Flowcopter lands almost £1m from Scottish Enterprise to develop greener drones to rival helicopters
Published 1 year ago
A drone technology manufacturer has received almost £1 million from Scottish Enterprise to support the development of a new hybrid, heavy-lift, unmanned aircraft capable of operating on less than 30% of the aviation fuel used by a helicopter.
Read on www.scottishfinancialnews.com →
FSB calls for raising of VAT threshold to £100,000
Published 1 year ago
The Federation of Small Businesses (FSB) has urged the UK government to consider removing the “barrier to growth” many small businesses are faced with by raising the VAT threshold.
Read on www.scottishfinancialnews.com →
Insolvency slowdown in December offers brief respite for Scottish businesses
Published 1 year ago
There were 108 company insolvencies registered in Scotland in December 2023, 5% lower than the number in December 2022, according to the latest official statistics.
Read on www.scottishfinancialnews.com →
MacKay Corporate Insurance Brokers expands footprint with Glasgow office launch
Published 1 year ago
Ayr-headquartered MacKay Corporate Insurance Brokers has opened a new office in Glasgow.
Read on www.scottishfinancialnews.com →
Reward Finance Group announces new appointments and Dunfermline office opening
Published 1 year ago
Alternative finance lender, Reward Finance Group, has made two key business development appointments and opened new offices in Dunfermline, in response to reaching a £14.35 million lending milestone across Scotland.
Read on www.scottishfinancialnews.com →
BlackRock to take ownership of Edinburgh Airport as part of wider £9.43bn deal
Published 1 year ago
Ownership of Edinburgh Airport is set to change hands as part of BlackRock’s deal to acquire Global Infrastructure Partners (GIP) in a significant cash-and-stock transaction valued at over £9.43 billion.
Read on www.scottishfinancialnews.com →
Menzies Parcels faces closure amidst £28.1m revenue drop
Published 1 year ago
Menzies Parcels, a subsidiary of Menzies Distribution, is on the brink of closure, putting approximately 270 jobs at risk in the north of Scotland.
Read on www.scottishfinancialnews.com →
EQ Accountants joins Sumer’s growing business services network
Published 1 year ago
EQ Accountants have become the seventh and latest firm to join Sumer, a rapidly expanding business services platform delivering professional support to SMEs across the UK.
Read on www.scottishfinancialnews.com →
Thomson Cooper’s Jacqueline Whyte secures RI status
Published 1 year ago
Thomson Cooper Accountants has announced the attainment of Responsible Individual (RI) status by director of audit Jacqueline Whyte.
Read on www.scottishfinancialnews.com →
Fintech sector jobs grow 24% as FinTech Scotland marks sixth anniversary
Published 1 year ago
Scotland’s fintech landscape has experienced a robust 24% surge in job creation within fintech enterprises over the last two years, marking a significant milestone as FinTech Scotland celebrates its sixth anniversary.
Read on www.scottishfinancialnews.com →
IGG strengthens Scottish presence through acquisition of IC Select
Published 1 year ago
Provider of professional pensions trusteeship and governance services provider Independent Governance Group has acquired Edinburgh-based IC Select.
Read on www.scottishfinancialnews.com →
RSE doubles profits to £14m as revenue surges 71%
Published 1 year ago
Inverness-headquartered RSE has posted revenue of £198 million, 71% higher than the previous year (£115m), in latest its financial statements to March 2023.
Read on www.scottishfinancialnews.com →
Scottish retail ends year with December downturn
Published 1 year ago
In a challenging conclusion to 2023, Scottish retailers faced a disappointing December as sales figures revealed a decline in real terms.
Read on www.scottishfinancialnews.com →
Scots businesses brace for 2024 with robust growth and hiring plans
Published 1 year ago
Business confidence in Scotland fell ten points during December to 31%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.
Read on www.scottishfinancialnews.com →
Glasgow pharmacist expands services and restores historic building with £750,000 funding
Published 1 year ago
Supported by a £750,000 loan from Unity Trust Bank, Glasgow-trained pharmacist Raymond Kelly has transformed a derelict 19th-century building in Falkland into a state-of-the-art pharmacy.
Read on www.scottishfinancialnews.com →