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Finance

Family-run Ford dealership expands to Dundee with £3m RBS investment

Published 10 months ago

A family-owned and operated Scottish car dealership group has expanded its operations with its new Dundee Ford Centre thanks to £3 million funding from the Royal Bank of Scotland (RBS).

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HIE fuels Inner Moray Firth growth with 650 Jobs and £407m turnover boost

Published 10 months ago

Figures compiled by Highlands and Islands Enterprise (HIE) show that businesses and communities supported by the agency across Inner Moray Firth during the last financial year are set to create or retain around 650 jobs.

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RBS: Scotland’s private sector growth continues with seventh consecutive month of expansion

Published 10 months ago

Scotland’s private sector showed solid growth in July, driven mainly by the service sector, according to the Royal Bank of Scotland (RBS).

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Hampden & Co posts strong first half growth for 2024

Published 10 months ago

Edinburgh-headquartered private bank Hampden & Co has reported significant demand for personalised banking over the first half of 2024 as deposits, lending and client numbers all grew by double-digits.

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Cumberland Building Society partners with NACFB to boost hospitality lending

Published 10 months ago

The Cumberland Building Society has joined the National Association of Commercial Finance Brokers (NACFB) as a patron.

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Wood Group shares plummet after takeover talks fall apart

Published 10 months ago

Aberdeen company John Wood Group saw its share prices plummet as Dubai-based potential buyer Sidara abandoned a takeover deal.

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Aberdeen accountancy firm secures four nominations at Accounting Excellence Awards

Published 10 months ago

Aberdeen-based accountancy firm Infinity Partnership has been shortlisted four times at the prestigious 2024 Accounting Excellence Awards.

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Scottish golf tech firm raises £6.6 million to drive international expansion

Published 10 months ago

Edinburgh-based golf technology company, Shot Scope, has secured $8.5 million (c. £6.6m) in a Series B funding round.

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Angus Council’s new SME grant scheme is now live

Published 10 months ago

Angus Council has launched its small to medium enterprise (SME) Start and Grow Business Grant Scheme.

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Brimmond exceeds expectations in bumper year as turnover soars 74%

Published 10 months ago

Aberdeenshire-based engineering firm Brimmond has posted a 74% increase in turnover for 2023-24, reaching £11.4 million – surpassing its forecast of £10m.

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St James’s Place defies doubters with surprise comeback

Published 10 months ago

St James’s Place (SJP), the UK’s largest wealth manager, has staged a dramatic comeback after a turbulent period.

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FCA to slash red tape for financial services firms

Published 10 months ago

The rules governing financial services could be streamlined to reduce burdens on businesses, following a review launched by the Financial Conduct Authority (FCA).

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Scottish corporate administrations fall 15% in H1 2024

Published 10 months ago

The number of companies in Scotland filing for administration during H1 2024 has dropped by 15% compared to the corresponding period last year, according to figures from Interpath Advisory.

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FRC calls for urgent action from BDO and Forvis Mazars on audit quality

Published 10 months ago

The Financial Reporting Council’s (FRC) Annual Review of Audit Quality revealed a disappointing performance from BDO and Forvis Mazars, whose audit results fell significantly below expectations.

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McAllister Litho Glasgow hosts Scottish Government minister for flexible fund launch

Published 10 months ago

A fund to help businesses, charities and other organisations adopt fair work practices has opened for applications and has been launched at McAllister Litho Glasgow.

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