ScottishNews.com

Finance

Scotcoin targets £200m valuation in February listing

Published 10 months ago

Scotcoin is set to be listed on a major cryptocurrency exchange in February 2025, which will see the project valued at $250 million (£200m) on its market debut.

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Edinburgh fintech BR-DGE experiences 10x growth in transaction value

Published 10 months ago

Edinburgh-based payment orchestration provider BR-DGE has recorded a significant transaction volume uplift and made a spate of new senior hires in 2024 as the company scales rapidly to meet unprecedented demand in 2025 for its modular services.

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Thomson Cooper called in as Blairgowrie Holiday Park operator liquidated

Published 11 months ago

Richard Gardiner of Thomson Cooper Accountants has been appointed liquidator of Heritage Park Estates Limited, the company operating Bendochy Park in Blairgowrie.

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BoE keeps interest rates frozen after November inflation ticks up

Published 11 months ago

The Bank of England’s (BoE) Monetary Policy Committee (MPC) has voted to hold interest rates at 4.75%, following a slight uptick in inflation in November.

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KPMG narrows gap with strongest growth among Big Four

Published 11 months ago

KPMG has posted a 5.4% rise in global revenues to $38.4 billion (c. £30.5bn), outpacing its Big Four rivals in terms of revenue growth in the past year.

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Edinburgh tech company Workpro secures equity injection of £500k

Published 11 months ago

Edinburgh tech company Workpro has secured an additional £500,000 equity investment from existing sources as well as three new investors, including Capital for Colleagues.

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Two appointments at VAT & Indirect Tax Advisors

Published 11 months ago

Glasgow-based VAT & Indirect Tax Advisors (VITA) has expanded its team with two new appointments.

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November’s Scottish company insolvencies rise 5% year-on-year

Published 11 months ago

In November 2024, there were 114 company insolvencies registered in Scotland, 5% higher than the number in November 2023.

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Auditors raise concerns over Ferguson Marine’s future

Published 11 months ago

Audit Scotland has raised concerns over the future of the publicly-owned Ferguson Marine Port Glasgow (FMPG), highlighting uncertainty as no more work is secured beyond the completion of MV Glen Rosa (802).

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FCA unveils plans for new private stock market PISCES

Published 11 months ago

The Financial Conduct Authority (FCA) has unveiled plans for a new private stock market system, PISCES (The Private Intermittent Securities and Capital Exchange System), aimed at revitalising London’s IPO landscape and granting investors easier access to unlisted companies.

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Sweeping accounting changes to affect Scottish businesses

Published 11 months ago

Upcoming changes to lease accounting standards are set to impact all businesses when they come into force, introducing new complexities for property owners, leaseholders and lenders alike, Henderson Loggie has warned.

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£52m facility to fund new student development in Edinburgh

Published 11 months ago

Work on Edinburgh’s new purpose-built student accommodation development can begin in earnest after Vita Group appointed contractors and secured funding for the project.

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Abrdn: Cautious optimism for 2025 despite ‘Trump 2.0’ uncertainty

Published 11 months ago

Abrdn has published its latest quarterly House View report, expressing cautious optimism on the macro-economy and investment outlook, despite the uncertainties surrounding the “Trump 2.0” presidency.

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Members share £4.6m windfall as Glasgow Credit Union celebrates record year

Published 11 months ago

Glasgow Credit Union has announced a record £4.6 million return to its members following the approval of a 3% annual dividend at its Annual General Meeting (AGM).

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KPMG: Easing cost pressures support bullish prospects for 2025 among Scotland’s private firms

Published 11 months ago

Nine in 10 (90%) privately owned Scottish firms feel optimistic about their growth prospects as they head into 2025, according to KPMG UK.

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