Finance
Glasgow fintech secures £750,000 in equity funding
Published 8 months ago
Glasgow-based specialist workforce optimisation software provider Corporate Modelling Services Ltd (CMS) has secured £750,000 in equity funding from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank.
Read on www.scottishfinancialnews.com →
AAB expands south with Barlow Andrews deal
Published 8 months ago
Scotland-headquartered professional services firm AAB has acquired Bolton-based Barlow Andrews and its sister entity Beech Business Services.
Read on www.scottishfinancialnews.com →
JTC posts record £1.4m pre-tax profit
Published 8 months ago
Dundee-based JTC, a leading manufacturer of kitchens, bedrooms, and bathrooms, has announced its highest profits in over a decade.
Read on www.scottishfinancialnews.com →
Report: Budget holds key to economic recovery as momentum slows
Published 8 months ago
Following a positive start to 2024, economic growth in the summer months has been more hesitant for the UK and Scotland according to the latest economic assessment from the Fraser of Allander Institute at the University of Strathclyde.
Read on www.scottishfinancialnews.com →
SRC: Edinburgh leads Scottish footfall growth, but concerns remain
Published 8 months ago
Scottish shopper numbers rose slightly in September, but this hasn’t translated into increased sales, according to the Scottish Retail Consortium (SRC).
Read on www.scottishfinancialnews.com →
Accounts Commission: Scottish councils must transform to survive
Published 8 months ago
As Scotland’s local councils face acute challenges, with budgets and workforce stretched to the limit, reform has become increasingly urgent, warns Audit Scotland’s Accounts Commission.
Read on www.scottishfinancialnews.com →
Sky Sports deal boosts SPFL turnover to record £44.3m
Published 8 months ago
The Scottish Professional Football League (SPFL) has grown its turnover to £44.3 million – the highest ever figure in the league’s history, according to its newly-published annual accounts.
Read on www.scottishfinancialnews.com →
BoE Governor sparks pound plunge with rate cut comments
Published 8 months ago
The pound sterling experienced its sharpest decline against the dollar since March, falling over 1% after Bank of England (BoE) Governor Andrew Bailey suggested the possibility of accelerated interest rate cuts.
Read on www.scottishfinancialnews.com →
Puma Private Equity expands into Scotland and rebrands to Puma Growth Partners
Published 8 months ago
Puma Private Equity, provider of growth capital to small and medium-sized businesses, has revealed its expansion plans for Scotland and rebrand to Puma Growth Partners.
Read on www.scottishfinancialnews.com →
Old Course Hotel posts £1.4m loss despite rise in hotel revenue
Published 8 months ago
The Old Course Limited, which owns the Old Course Hotel and Duke’s golf course in St Andrews, has reported a pre-tax loss of £1.4 million for the year ended 31 December 2023.
Read on www.scottishfinancialnews.com →
Structured Financial Planning hits £100m AUM milestone
Published 8 months ago
Aberdeenshire-based financial adviser Structured Financial Planning has reached over £100 million in assets under management, as it marks its 20th anniversary.
Read on www.scottishfinancialnews.com →
Tax encouraging use of recycled materials approved at Holyrood
Published 8 months ago
A new Scottish tax aimed at encouraging the use of recycled materials in construction has been approved unanimously by the Scottish Parliament.
Read on www.scottishlegal.com →
Iomart bolsters cloud capabilities with £57m Atech buyout
Published 8 months ago
Glasgow-based cloud computing company iomart has acquired Atech Support, a Microsoft solutions provider, for £57 million.
Read on www.scottishfinancialnews.com →
Nationwide seals £2.9bn Virgin Money takeover
Published 8 months ago
Nationwide Building Society has completed its £2.9 billion acquisition of Virgin Money, creating one of the UK’s largest banking groups with 24.5 million customers and nearly 700 branches.
Read on www.scottishfinancialnews.com →
Regulator fines Starling Bank £29m over ‘shockingly lax’ controls
Published 8 months ago
The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening.
Read on www.scottishfinancialnews.com →
Glasgow fintech secures £750,000 in equity funding
Published 8 months ago
Glasgow-based specialist workforce optimisation software provider Corporate Modelling Services Ltd (CMS) has secured £750,000 in equity funding from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank.
Read on www.scottishfinancialnews.com →
AAB expands south with Barlow Andrews deal
Published 8 months ago
Scotland-headquartered professional services firm AAB has acquired Bolton-based Barlow Andrews and its sister entity Beech Business Services.
Read on www.scottishfinancialnews.com →
JTC posts record £1.4m pre-tax profit
Published 8 months ago
Dundee-based JTC, a leading manufacturer of kitchens, bedrooms, and bathrooms, has announced its highest profits in over a decade.
Read on www.scottishfinancialnews.com →
Report: Budget holds key to economic recovery as momentum slows
Published 8 months ago
Following a positive start to 2024, economic growth in the summer months has been more hesitant for the UK and Scotland according to the latest economic assessment from the Fraser of Allander Institute at the University of Strathclyde.
Read on www.scottishfinancialnews.com →
SRC: Edinburgh leads Scottish footfall growth, but concerns remain
Published 8 months ago
Scottish shopper numbers rose slightly in September, but this hasn’t translated into increased sales, according to the Scottish Retail Consortium (SRC).
Read on www.scottishfinancialnews.com →
Accounts Commission: Scottish councils must transform to survive
Published 8 months ago
As Scotland’s local councils face acute challenges, with budgets and workforce stretched to the limit, reform has become increasingly urgent, warns Audit Scotland’s Accounts Commission.
Read on www.scottishfinancialnews.com →
Sky Sports deal boosts SPFL turnover to record £44.3m
Published 8 months ago
The Scottish Professional Football League (SPFL) has grown its turnover to £44.3 million – the highest ever figure in the league’s history, according to its newly-published annual accounts.
Read on www.scottishfinancialnews.com →
BoE Governor sparks pound plunge with rate cut comments
Published 8 months ago
The pound sterling experienced its sharpest decline against the dollar since March, falling over 1% after Bank of England (BoE) Governor Andrew Bailey suggested the possibility of accelerated interest rate cuts.
Read on www.scottishfinancialnews.com →
Puma Private Equity expands into Scotland and rebrands to Puma Growth Partners
Published 8 months ago
Puma Private Equity, provider of growth capital to small and medium-sized businesses, has revealed its expansion plans for Scotland and rebrand to Puma Growth Partners.
Read on www.scottishfinancialnews.com →
Old Course Hotel posts £1.4m loss despite rise in hotel revenue
Published 8 months ago
The Old Course Limited, which owns the Old Course Hotel and Duke’s golf course in St Andrews, has reported a pre-tax loss of £1.4 million for the year ended 31 December 2023.
Read on www.scottishfinancialnews.com →
Structured Financial Planning hits £100m AUM milestone
Published 8 months ago
Aberdeenshire-based financial adviser Structured Financial Planning has reached over £100 million in assets under management, as it marks its 20th anniversary.
Read on www.scottishfinancialnews.com →
Tax encouraging use of recycled materials approved at Holyrood
Published 8 months ago
A new Scottish tax aimed at encouraging the use of recycled materials in construction has been approved unanimously by the Scottish Parliament.
Read on www.scottishlegal.com →
Iomart bolsters cloud capabilities with £57m Atech buyout
Published 8 months ago
Glasgow-based cloud computing company iomart has acquired Atech Support, a Microsoft solutions provider, for £57 million.
Read on www.scottishfinancialnews.com →
Nationwide seals £2.9bn Virgin Money takeover
Published 8 months ago
Nationwide Building Society has completed its £2.9 billion acquisition of Virgin Money, creating one of the UK’s largest banking groups with 24.5 million customers and nearly 700 branches.
Read on www.scottishfinancialnews.com →
Regulator fines Starling Bank £29m over ‘shockingly lax’ controls
Published 8 months ago
The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening.
Read on www.scottishfinancialnews.com →