ScottishNews.com

Finance

Tourist tax soon to be a reality in Scotland

Published 1 year ago

The Scottish Government has published the Visitor Levy (Scotland) Bill, potentially enabling councils to introduce a tourist tax on overnight stays.

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North Ayrshire cable factory creating 900 jobs receives planning approval

Published 1 year ago

North Ayrshire Council has granted full planning permission to XLCC’s high-voltage direct current (HVDC) subsea cable manufacturing operations at a brownfield site in Hunterston, Scotland.

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CHAP Group breaks ground on new £19m student accommodation project in Dundee

Published 1 year ago

Aberdeen-based construction firm CHAP Group has initiated work on a new £19 million student accommodation project in Dundee.

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Lomond acquires entire Purplebricks Scotland rental portfolio

Published 1 year ago

Property management firm LOMOND has expanded its footprint in Scotland with the acquisition of Purplebricks’ entire Scottish rental portfolio for an undisclosed sum.

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Wylie & Bisset warns of Scottish insolvencies surge amid financial squeeze

Published 1 year ago

Scottish firms, once profitable but financially strained during the COVID-19 pandemic, are now feeling the pinch of a cost-of-living crisis, leading to record levels of insolvency activity, according to Wylie & Bisset, an accountancy and business advisory firm.

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SSE doubles profits and pledges more green energy investment

Published 1 year ago

Perth-based power generator and network operator, SSE, has revealed a near doubling of annual profits, driven by surging energy prices which fuelled a boom for its gas-fired power plants.

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Brimmond forecasts £10m turnover for FY 2023/24 after reporting record results

Published 1 year ago

Engineering firm, Brimmond, is celebrating a record financial year, having realised a turnover of £6.5 million, marking a 10% increase from the prior year.

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R3: Scotland insolvency-related activity reaches 2023 high

Published 1 year ago

April witnessed a significant surge in insolvency-related activities in Scotland, the highest this year, new research by R3, the insolvency and restructuring trade body, has revealed.

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MLG lands Scottish Government and National Galleries contracts

Published 1 year ago

Print firm McAllister Litho Glasgow (MLG) has secured two contracts from the Scottish Government and the National Galleries of Scotland.

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M&A expert Alan O’Riordan joins Azets’ Edinburgh office as corporate finance partner

Published 1 year ago

Azets has appointed Alan O’Riordan as a corporate finance partner based in the accountancy firm’s Edinburgh office.

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Broker Insights appoints Tom Duke as COO amid US expansion

Published 1 year ago

Tom Duke has been appointed as the chief operating officer of Dundee-based firm Broker Insights, a player in the UK’s commercial insurance industry.

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PwC: Scottish cities outperform UK average on skills for younger workforce and housing

Published 1 year ago

PwC’s Good Growth for Cities Index shows three major Scottish cities improving their performance in the rankings of UK cities against last year’s Index.

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Doctor prescribes global expansion for Scottish seaweed firm

Published 1 year ago

Scottish seaweed supplement manufacturer, Doctor Seaweed, has announced plans for global expansion after attracting interest from major retailers in Europe and North America.

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Scotland attracts record equity investment of £953m in 2022

Published 1 year ago

Equity investment for Scottish businesses has hit an all-time high of £953 million in 2022, up by 26% from £754m the previous year, according to a report from Scottish Enterprise.

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Scottish salmon exports to Asia double to £24m

Published 1 year ago

Scottish salmon exports to Asia have seen a significant increase, doubling to £24 million in Q1 2023, owing to an upsurge in demand from China, Taiwan, Singapore, and South Korea.

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