Finance
Capital Credit Union’s loan book hits record £25 million
Published 3 weeks ago
Edinburgh-based ethical financial institution Capital Credit Union (CCU) has announced that its loan book has exceeded £25 million for the first time in its 35-year history.
Read on www.scottishfinancialnews.com →
Scottish startups secure £100m of venture capital during Q1
Published 3 weeks ago
The first quarter of 2024 has seen nearly £100 million invested in Scottish businesses, according to KPMG UK.
Read on www.scottishfinancialnews.com →
Investment Fund for Scotland commits £5m to support growth of smaller businesses
Published 3 weeks ago
The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses, just six months since the fund was launched to improve access to finance and provide a boost to the Scottish economy.
Read on www.scottishfinancialnews.com →
Scotland urged to fast-track investment zones and freeports amid foreign investment dip
Published 3 weeks ago
Wright, Johnston & Mackenzie is calling for for accelerated progress on investment zones and freeports to bolster economic growth, after its analysis showed a concerning downturn of foreign interest in Scottish businesses.
Read on www.scottishfinancialnews.com →
Woodland Kitchens acquires Dundee’s JTC Furniture Group
Published 3 weeks ago
Northern Irish manufacturer and supplier of kitchen, bedroom and bathroom furniture, Woodland Kitchens, has agreed a deal to acquire Dundee-headquartered, JTC Furniture Group, in a transaction backed by investment from growth capital investor BGF.
Read on www.scottishfinancialnews.com →
Scotland faces ‘sustained increase’ in company administrations in Q1 2024
Published 3 weeks ago
The number of companies in Scotland filing for administration has hit its highest Q1 rate since before COVID-19, according to figures from Interpath Advisory.
Read on www.scottishfinancialnews.com →
Scottish Friendly enhances junior ISA policy with maturity guarantee and cash incentive
Published 4 weeks ago
Financial mutual Scottish Friendly has added a guarantee at the maturity date of its Junior ISA (JISA) policy for with-profits investors, to help more UK families invest for their children’s future with some peace of mind.
Read on www.scottishfinancialnews.com →
Edinburgh achieves record year for living wage accreditations
Published 4 weeks ago
Edinburgh has experienced its most successful year of living wage accreditations to date.
Read on www.scottishfinancialnews.com →
RBS to shutter one-fifth of branches
Published 4 weeks ago
The Royal Bank of Scotland (RBS) has revealed plans to close a further 18 out of its 86 branches, including three in Edinburgh.
Read on www.scottishfinancialnews.com →
VINCI Airports agrees to buy majority stake in Edinburgh Airport for £1.27bn
Published 4 weeks ago
VINCI Airports, a subsidiary of French conglomerate VINCI Concessions, has agreed to purchase an effective 50.01% stake in Edinburgh Airport Limited, the owning company of Edinburgh Airport, for a sum of £1.27 billion.
Read on www.scottishfinancialnews.com →
Summit to address Scotland’s low innovation funding application rate
Published 4 weeks ago
Innovation in Scotland is being severely curtailed by very low levels of R&D tax relief and Patent Box claims, a leading innovation tax relief expert has warned ahead of a summit being convened later this month that aims to tackle the issue.
Read on www.scottishfinancialnews.com →
Orbex rockets ahead with £16.7 million investment boost
Published 4 weeks ago
Forres-headquartered spaceflight company Orbex has closed an update to its Series C funding round, securing a further £16.7 million from a consortium of six major investors.
Read on www.scottishfinancialnews.com →
Future Finance initiative launches to drive innovation in Scottish financial sector
Published 1 month ago
Firms in the financial services sector in Scotland have been invited to sign up for a new business and innovation support programme.
Read on www.scottishfinancialnews.com →
Scotland’s tech firms to vie for global spotlight in KPMG innovator competition
Published 1 month ago
The search for the top tech innovator in Scotland has been launched as part of annual competition to highlight the next great technology business.
Read on www.scottishfinancialnews.com →
Quantuma liquidators take charge of Scottish tree surgery business
Published 1 month ago
Quantuma’s Edinburgh and Glasgow-based managing directors and insolvency practitioners, Craig Morrison and Ian Wright, have been appointed joint liquidators to Arbroath-based Royal Oak Tree Services Ltd.
Read on www.scottishfinancialnews.com →
Capital Credit Union’s loan book hits record £25 million
Published 3 weeks ago
Edinburgh-based ethical financial institution Capital Credit Union (CCU) has announced that its loan book has exceeded £25 million for the first time in its 35-year history.
Read on www.scottishfinancialnews.com →
Scottish startups secure £100m of venture capital during Q1
Published 3 weeks ago
The first quarter of 2024 has seen nearly £100 million invested in Scottish businesses, according to KPMG UK.
Read on www.scottishfinancialnews.com →
Investment Fund for Scotland commits £5m to support growth of smaller businesses
Published 3 weeks ago
The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses, just six months since the fund was launched to improve access to finance and provide a boost to the Scottish economy.
Read on www.scottishfinancialnews.com →
Scotland urged to fast-track investment zones and freeports amid foreign investment dip
Published 3 weeks ago
Wright, Johnston & Mackenzie is calling for for accelerated progress on investment zones and freeports to bolster economic growth, after its analysis showed a concerning downturn of foreign interest in Scottish businesses.
Read on www.scottishfinancialnews.com →
Woodland Kitchens acquires Dundee’s JTC Furniture Group
Published 3 weeks ago
Northern Irish manufacturer and supplier of kitchen, bedroom and bathroom furniture, Woodland Kitchens, has agreed a deal to acquire Dundee-headquartered, JTC Furniture Group, in a transaction backed by investment from growth capital investor BGF.
Read on www.scottishfinancialnews.com →
Scotland faces ‘sustained increase’ in company administrations in Q1 2024
Published 3 weeks ago
The number of companies in Scotland filing for administration has hit its highest Q1 rate since before COVID-19, according to figures from Interpath Advisory.
Read on www.scottishfinancialnews.com →
Scottish Friendly enhances junior ISA policy with maturity guarantee and cash incentive
Published 4 weeks ago
Financial mutual Scottish Friendly has added a guarantee at the maturity date of its Junior ISA (JISA) policy for with-profits investors, to help more UK families invest for their children’s future with some peace of mind.
Read on www.scottishfinancialnews.com →
Edinburgh achieves record year for living wage accreditations
Published 4 weeks ago
Edinburgh has experienced its most successful year of living wage accreditations to date.
Read on www.scottishfinancialnews.com →
RBS to shutter one-fifth of branches
Published 4 weeks ago
The Royal Bank of Scotland (RBS) has revealed plans to close a further 18 out of its 86 branches, including three in Edinburgh.
Read on www.scottishfinancialnews.com →
VINCI Airports agrees to buy majority stake in Edinburgh Airport for £1.27bn
Published 4 weeks ago
VINCI Airports, a subsidiary of French conglomerate VINCI Concessions, has agreed to purchase an effective 50.01% stake in Edinburgh Airport Limited, the owning company of Edinburgh Airport, for a sum of £1.27 billion.
Read on www.scottishfinancialnews.com →
Summit to address Scotland’s low innovation funding application rate
Published 4 weeks ago
Innovation in Scotland is being severely curtailed by very low levels of R&D tax relief and Patent Box claims, a leading innovation tax relief expert has warned ahead of a summit being convened later this month that aims to tackle the issue.
Read on www.scottishfinancialnews.com →
Orbex rockets ahead with £16.7 million investment boost
Published 4 weeks ago
Forres-headquartered spaceflight company Orbex has closed an update to its Series C funding round, securing a further £16.7 million from a consortium of six major investors.
Read on www.scottishfinancialnews.com →
Future Finance initiative launches to drive innovation in Scottish financial sector
Published 1 month ago
Firms in the financial services sector in Scotland have been invited to sign up for a new business and innovation support programme.
Read on www.scottishfinancialnews.com →
Scotland’s tech firms to vie for global spotlight in KPMG innovator competition
Published 1 month ago
The search for the top tech innovator in Scotland has been launched as part of annual competition to highlight the next great technology business.
Read on www.scottishfinancialnews.com →
Quantuma liquidators take charge of Scottish tree surgery business
Published 1 month ago
Quantuma’s Edinburgh and Glasgow-based managing directors and insolvency practitioners, Craig Morrison and Ian Wright, have been appointed joint liquidators to Arbroath-based Royal Oak Tree Services Ltd.
Read on www.scottishfinancialnews.com →