ScottishNews.com

Finance

Two Scottish firms each awarded £50,000 from UK Fintech Innovation Challenge

Published 1 year ago

FinTech Scotland and Smart Data Foundry have announced the winners of their UK Fintech Innovation Challenge.

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RBS and Social Bite to host Christmas dinner for people experiencing homelessness

Published 1 year ago

Royal Bank of Scotland is joining forces with Social Bite to host a Christmas dinner for people who’ve experienced homelessness.

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Multiple sector decline leads to 0.3% October GDP contraction

Published 1 year ago

The UK economy has faced a downturn in October, with a contraction observed across all major sectors, which saw GDP fall by 0.3% month-on-month.

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Moray Growth Deal’s £100m investment to spur sustainable and inclusive economic development

Published 1 year ago

Moray is undergoing a transformational economic revival with an infusion of over £100 million from the Moray Growth Deal.

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Economic squeeze dampens Scottish retail’s festive spirit

Published 1 year ago

As Christmas 2023 approaches, Scottish retailers have been faced with a challenging trading environment, marked by a slowdown in sales growth, according to the KPMG-SRC Scottish Retail Sales Monitor.

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James Anderson’s financial aid fuels SPFL Trust Trophy for another season

Published 1 year ago

The Scottish Professional Football League (SPFL) has confirmed the renewal of its title sponsorship deal with the SPFL Trust for the SPFL Trust Trophy, funded by philanthropist James Anderson, who was formerly partner at Baillie Gifford and fund manager of the Scottish Mortgage Investment Trust.

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Consilium spearheads Smedvig’s $5m investment in Swedish tech firm

Published 1 year ago

Glasgow-based Consilium Chartered Accountants has successfully provided financial due diligence services to Smedvig Capital for its investment in Minut AB, a Swedish technology firm.

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Rock Trust receives £0.9m from proceeds of Balnacraig School liquidation

Published 1 year ago

Surplus funds resulting from the winding up of one of Scotland’s oldest charities have been passed on to the Rock Trust to go towards the prevention of youth homelessness.

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Murray Capital achieves £4m profit amidst market volatility

Published 1 year ago

Edinburgh-based Murray Capital, a family-run business led by David and Keith Murray, has posted a profit before tax of £4 million for its latest financial year.

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Edinburgh to reap £32m benefit as EICC secures historic conference pipeline

Published 1 year ago

In a significant boost for Edinburgh’s economy, the Edinburgh International Conference Centre (EICC) has achieved its strongest ever pipeline by securing 40 major conferences and events for the next 12-36 months.

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Scottish medical sector revitalised with £3.35m funding for eco-friendly device manufacturing

Published 1 year ago

The Medical Device Manufacturing Centre (MDMC), a consortium led by Heriot-Watt University in Scotland, has received a significant financial boost with an additional £3.35 million funding from Scottish Enterprise.

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RBS: Scotland’s hiring activity sees rebound despite UK downturn

Published 1 year ago

November marked a significant turnaround in Scotland’s recruitment sector with a renewed rise in hiring activity, as revealed by the Royal Bank of Scotland Report on Jobs.

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Scottish banker Craig Herd crowned UK Young Banker of the Year 2023

Published 1 year ago

Craig Herd, a product analyst at Sainsbury’s Bank based in Cumbernauld, has been named the UK Young Banker of the Year 2023.

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Acumen Accountants expands with six-figure acquisition of Graeme Munro & Co

Published 1 year ago

Aberdeenshire-based Acumen Accountants has enhanced its market presence in Northeast Scotland through the acquisition of Graeme Munro & Company Ltd.

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Scottish Business Monitor shows half of Scots firms stall investments in economic downturn

Published 1 year ago

Nearly half of firms in Scotland have either postponed or abandoned their investment plans in the last year, the latest Addleshaw Goddard Scottish Business Monitor (SBM) reveals.

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