ScottishNews.com

Finance

Scotland’s GDP shrinks for second month

Published 1 year ago

Scotland’s onshore GDP contracted by 0.5% in April, according to statistics announced by the Chief Statistician.

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R3: Over 3,200 new Scottish businesses registered in May 2023

Published 1 year ago

Scotland has witnessed a surge in new businesses, with over 3,200 start-ups registered in May 2023, according to research conducted by R3, the UK’s insolvency and restructuring trade body.

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Shepherd and Wedderburn advises on £125 billion in transactions

Published 1 year ago

Shepherd and Wedderburn’s banking and finance team has reported a busy 12 months.

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Fintech start-up ZIPZERO relocates to Scotland seeking ‘most fertile land for UK tech’

Published 1 year ago

Fintech start-up ZIPZERO has relocated its headquarters from London to Aberdeen, as it looks to leverage the region’s thriving tech scene to drive its expansion.

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Scottish Dental Care expands portfolio with acquisition of two prime Glasgow practices

Published 1 year ago

Scottish Dental Care, a family-owned dentistry group based in Glasgow, has acquired Barrhead and Gorbals Dental Practices.

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Azets facilitates sale of Antonine Shopping Centre out of administration

Published 1 year ago

James Fennessey, Colin Haig and Matthew Richards, partners with accountancy firm Azets, have secured a going-concern sale of the Antonine Shopping Centre in Cumbernauld to a new joint venture company, Beltrace (Antonine) Ltd., for an undisclosed sum.

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Business Stream’s record savings of £2.85m boosts Scotland’s public sector

Published 1 year ago

Edinburgh-based water retailer Business Stream has achieved a record savings of £2.85 million for the country’s public sector this year, elevating the total savings to £6.4m over a three-year period.

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Virgin Money invests £14m in Ripple Energy’s co-operative wind farm

Published 1 year ago

Virgin Money has made a £14 million agreement with Ripple Energy to facilitate the development of an innovative 18.8MW wind farm in Ayrshire.

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FRP Advisory appointed joint administrators to Mara Seaweed

Published 1 year ago

Callum Carmichael and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of seaweed harvesting and seaweed-based seasonings manufacturer, Mara Seaweed Limited.

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EQ Accountants announces wave of promotions

Published 1 year ago

Scottish tax and business consultancy firm EQ Accountants has announced 23 promotions throughout its organisation, with a focus on promoting its home-grown talent.

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ELHA welcomes Gary Alison as director of finance as Paula Oliver steps down

Published 1 year ago

It’s all change at East Lothian Housing Association (ELHA) as the director of finance, Paula Oliver, retires after 29 years.

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Begbies Traynor to salvage Dundee’s Custom House project as Alicydon falls into liquidation

Published 1 year ago

Ken Pattullo and Kenny Craig of Begbies Traynor have taken the helm as joint provisional liquidators of Dundee-based property development firm, Alicydon Limited, after it fell into provisional liquidation on 20 June 2023.

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CT: Rising prices creating a VAT risk for small businesses

Published 1 year ago

VAT expert, Iain Masterton, has warned that escalating costs driven by inflation could jeopardise the survival of smaller businesses by pushing them over the current VAT threshold.

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AAB makes key shifts in tax team

Published 1 year ago

Tech-enabled business critical services group, AAB, has announced shifts in its leadership team.

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Cyber and Fraud Centre – Scotland appoints four new trustees

Published 1 year ago

Cyber and Fraud Centre – Scotland has announced the appointments of four new trustees.

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