ScottishNews.com

Finance

Al Denholm appointed CEO of Scottish National Investment Bank

Published 1 year ago

The Scottish National Investment Bank (SNIB) has appointed Al Denholm as its new chief executive officer.

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Mick Campbell appointed new partner in BDO’s Glasgow office

Published 1 year ago

Accountancy and business advisory firm BDO LLP has appointed Mick Campbell as its new partner in its Glasgow financial services team as the firm continues to invest in talent in Scotland.

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Salmon Scotland unveils ambitious European growth plan

Published 1 year ago

Scotland’s salmon sector has unveiled an ambitious European growth plan for its premium ‘Label Rouge’ salmon to boost the rural economy and further enhance Scotland’s international reputation for food and drink.

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Persimmon and Aviva invest in modular builder TopHat

Published 1 year ago

Persimmon has made an equity investment in volumetric modular house builder TopHat, establishing a strategic partnership between the two businesses.

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Edinburgh’s Filmhouse building sells for £2.65 million

Published 1 year ago

Administrators have sold the former Edinburgh Filmhouse building for £2.65 million to an unnamed buyer.

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Scottish National Investment Bank backs Verlume with £6.6m for offshore wind growth

Published 1 year ago

Clean energy company Verlume has secured £7.2 million in funding, with £6.6m provided by the Scottish National Investment Bank, to support its expansion plans.

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Ardersier Port receives £300m to advance offshore wind and decommissioning initiatives

Published 1 year ago

Ardersier Port, situated near Inverness, has received an initial £300 million investment commitment from Quantum, a US investment firm that provides private capital to the global energy industry, to fuel the port’s redevelopment into a major energy transition facility.

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Experts warn of 68% tax rate for Scottish high earners

Published 1 year ago

The Chartered Institute of Taxation (CIOT) has warned that high earners in Scotland will face an effective 68% tax rate if First Minister Humza Yousaf proceeds with a new charge under consideration.

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The 150th Open delivers record £300m windfall for Scottish economy

Published 1 year ago

The 150th Open Championship at St Andrews brought over £300 million in economic benefits to Scotland, with a record-breaking attendance of 290,000 fans, according to a study commissioned by The R&A, Visitscotland, and Fife Council.

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Historic Perth jeweller to shut down after 150+ years

Published 1 year ago

Cairncross of Perth, a Scottish jeweller established in 1869, is set to close its doors by the end of July, resulting in the loss of seven jobs.

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Richard Muir: How Scots can build international trade links

Published 1 year ago

Richard Muir discusses the importance of international trade for business resilience, highlighting Scotland’s efforts to expand its global market presence, particularly in the green hydrogen and premium whisky sectors, through collaborations with foreign partners and participation in trade missions.

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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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