ScottishNews.com

Finance

Interpath advisory administrators appointed to Stewart & Shields Limited

Published 1 year ago

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint provisional liquidators to Stewart & Shields Limited, a family-founded business that has been operating from Helensburgh for over 60 years, after the firm collapsed with the loss of 15 jobs.

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Billionaire family expands empire with Bon Accord shopping centre purchase

Published 1 year ago

Zakir Issa, a sibling of the billionaire Issa brothers who own Asda, has acquired the Bon Accord shopping centre in Aberdeen through EP Properties for a sum believed to be less than £10 million.

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Scotmid reports healthy financial performance amid challenging year

Published 1 year ago

Scotmid Co-op has reported a solid financial performance despite a challenging year, with its trading profit amounting to £3 million, £2.7m down from the previous year.

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Wood Group considers Apollo’s £1.7 billion takeover bid

Published 1 year ago

Aberdeen-headquartered Wood Group’s board has confirmed it is considering Apollo Global Management’s fifth acquisition proposal for 240p per share, which was put forward earlier in the month.

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Third sector-savvy accountant made director at Blackwood

Published 1 year ago

Blackwood Homes and Care has appointed finance professional Heather Duncan to the newly created role of director of finance and strategic partnerships.

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EICC increases revenue by 45% to £11.8m in ‘rebound’ year

Published 1 year ago

The Edinburgh International Conference Centre (EICC) increased revenue by 45% to £11.8 million in the year to 31 December 2022 (2021: £7.4m), but recorded a decrease in operating profit to £700,000 from £1m the previous year.

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RBS: Private sector activity in Scotland expands for the second month running

Published 1 year ago

According to the latest Royal Bank of Scotland PMI data, the Scottish private sector saw a second successive monthly rise in business activity, with underlying data showing quicker growth across both the manufacturing and service sectors.

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Redmill Advance boosts position in wealth management training with Expert Pensions acquisition

Published 1 year ago

Edinburgh-based Redmill Advance has acquired Expert Pensions, a learning & development brand in the UK wealth management and financial planning industry.

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Scotland’s tech sector takes centre stage at Tartan Week in New York City

Published 1 year ago

Investment opportunities were central to Tartan Week celebrations as some of Scotland’s most innovative tech firms pitched to North American venture capital investors in New York.

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Oxygen Conservation expands conservation efforts with £20m loan and 23,000 acres in Scotland

Published 1 year ago

Oxygen Conservation, a company committed to tackling climate change and the biodiversity crisis, has acquired 23,000 acres in Scotland with the support of a £20.55 million loan facility from Triodos Bank UK.

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Forrit secures £5 million from Scottish National Investment Bank

Published 1 year ago

Scottish native cloud platform specialist, Forrit, has received a £5 million funding boost from the Scottish National Investment Bank.

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Social Investment Scotland strengthens board with four new members

Published 1 year ago

Responsible finance provider Social Investment Scotland (SIS) has appointed four new board members.

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International investors poised to strike in Scotland

Published 1 year ago

International investors are prepared to play the longer game when it comes to property purchases in Scotland, according to Lindsays partners Derek Nash and John Bett, who have said there remains “definite” interest from potential overseas buyers in the Scottish market.

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Richard Patterson marks anniversary of return to Robb Ferguson

Published 1 year ago

Chartered Accountant Richard Patterson has this month celebrated a full year back with his old firm, Robb Ferguson.

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Thorntons’ Dundee sports charity dinner returns after pandemic hiatus

Published 1 year ago

Thorntons has announced the return of its Dundee charity event, Sports Challenge Dinner, after a three-year break.

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