ScottishNews.com

Finance

STV Group CEO to depart as ad revenue dips

Published 2 months ago

STV Group has reported a 22% year-on-year drop in operating profit, attributing the decline to a challenging TV advertising landscape and inflationary cost pressures.

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Grant Thornton: Mid-sized firms seek infrastructure improvements and R&D incentives in upcoming budget

Published 2 months ago

Ahead of the Chancellor’s budget on 6 March, new research from Grant Thornton UK LLP has revealed that businesses would like to see government focus on investing in skills and training to support business growth, as the competition for talent intensifies.

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Miconex partners with GiftRound to inject £1m into towns and cities

Published 2 months ago

Perth-based gift card operator Miconex has joined forces with Edinburgh’s GiftRound, creating a partnership poised to infuse an estimated £1 million annually into local economies.

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Equity investment in smaller Scottish businesses resilient despite 2023 drop

Published 2 months ago

Equity investment in Scotland’s smaller businesses nearly halved last year but was still ahead of the UK average and on track to record the third highest annual figure in the last decade, according to new research from the British Business Bank.

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SIS leads £62m fund for small businesses in England and Wales

Published 2 months ago

Responsible finance provider Social Investment Scotland (SIS) is spearheading a new £62 million investment fund aimed at supporting small businesses in England and Wales, boosting local jobs and economic activity.

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EY: Scottish employment gap expected to widen compared to the rest of the UK

Published 2 months ago

While economic momentum and employment growth will gradually build throughout the UK over the next three years, Scotland’s labour market is expected to continue to see challenges and lag other regions, according to the latest EY Regional Economic Forecast.

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Abrdn’s Murray International Trust marks 19 years of dividend growth

Published 2 months ago

The board of Murray International Trust has announced its annual results for the fiscal year ending 31 December 2023.

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Scots grocers face highest UK business rates with proposed surtax

Published 2 months ago

A new analysis by the Scottish Retail Consortium (SRC) has found a Scotland-only business rate surtax being considered by Scottish Ministers would leave larger grocery stores here facing by far the highest business rate bills in the UK.

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Interpath Advisory joint administrators navigate Morale Home Furnishings through closing down sale

Published 2 months ago

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint administrators to Glasgow-based furniture and homeware retailer Morale Home Furnishings UK Limited on 28 February 2024.

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Vidatec charts new course with successful management buyout

Published 2 months ago

Dundee-based digital transformation specialist Vidatec has successfully completed a management buyout from The Insights Group.

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Sallyport Commercial Finance eyes growth after £4.4m first year success

Published 2 months ago

Sallyport Commercial Finance is poised for significant growth in 2024, capping off a successful first year with £4.4 million in funding across key UK industries.

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EQ accountants targets £33 million turnover in five years

Published 2 months ago

Scottish accountancy firm EQ has revealed plans to triple its turnover within the next five years, following the sale of a major stake to private-equity backed organisation Sumer.

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University of Dundee entrusts £31 million endowment to Greenbank

Published 2 months ago

The University of Dundee has transitioned the management of its £31 million endowment fund to Greenbank, the specialist ethical, sustainable and impact investment team of Rathbones Group.

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Innovative Partners expands with new head office in Edinburgh

Published 2 months ago

Innovative Partners, the innovation funding consultancy founded in 2019 by entrepreneurs Andrew Marshall and Liam Hurley, has expanded its operations into Edinburgh.

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Global pensions administrator Aptia opens second Scottish office in Glasgow

Published 2 months ago

Specialist pensions administrator Aptia has announced the opening of its second office in Scotland, securing a five-year lease for 4,528 sq ft at 145 St Vincent Street in Glasgow.

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