ScottishNews.com

Finance

British Business Bank backs diverse and emerging fund managers with £500m package

Published 5 months ago

The British Business Bank has announced a new £400 million Investor Pathways Capital initiative which will support diverse and emerging fund managers across the economy and make it easier for new entrants, particularly those from underrepresented groups, to break into venture capital.

Read on www.scottishfinancialnews.com →

Scots founders sell professional services firm to CubeMatch

Published 5 months ago

DVCP, a UK-based professional services firm founded by two Scots, has been acquired by the global change and transformation consultancy, CubeMatch.

Read on www.scottishfinancialnews.com →

RBS: Strongest rise in Scottish private sector activity since November 2024

Published 5 months ago

The headline Royal Bank of Scotland Growth Tracker – a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors – rose to 50.9 from 50.5 in May.

Read on www.scottishfinancialnews.com →

Scots small business owners urged to act as tax gap hits £47 billion

Published 6 months ago

Small business owners across Scotland have been urged to seek help after new figures showed that firms of a similar size make up the largest share of the UK’s £47 billion tax gap.

Read on www.scottishfinancialnews.com →

Scottish corporate insolvencies jump 13% in May

Published 6 months ago

Scotland saw a 13% increase in company insolvencies in May 2025 compared to the same period last year, reaching a total of 133.

Read on www.scottishfinancialnews.com →

Scotland’s IHT bill to near £400m by 2026/27

Published 6 months ago

The number of families estates in Edinburgh and Glasgow subject to Inheritance Tax (IHT) is set to rise sharply by the end of 2026/27, according to a new report by Wright, Johnston & Mackenzie and Irwin Mitchell.

Read on www.scottishfinancialnews.com →

Scottish businesses facing barriers to growth reach five-year high

Published 6 months ago

More than eight in ten Scottish small business owners (83%) cite barriers holding their businesses back from growing – with concerns over fixed costs and the cost of hiring skilled labour on the rise – according to Novuna Business Finance.

Read on www.scottishfinancialnews.com →

SBS: Three in four Scots expect savings to shrink this year

Published 6 months ago

Three in four people in Scotland expect their savings to be negatively affected this year as economic pressures continue to mount, according to the Scottish Building Society (SBS)

Read on www.scottishfinancialnews.com →

BR-DGE expands APM coverage with AstroPay

Published 6 months ago

Edinburgh-headquartered BR-DGE has announced the latest global alternative payment method (APM) supported on its platform, through a strategic partnership with AstroPay, a global digital wallet service.

Read on www.scottishfinancialnews.com →

Social Investment Scotland appoints Sharon Gillies as new chief operations officer

Published 6 months ago

Social Investment Scotland (SIS) has appointed Sharon Gillies as its new chief operations officer (COO).

Read on www.scottishfinancialnews.com →

MSP hails Glasgow Kelvin College for supporting economic growth and inclusion

Published 7 months ago

Glasgow MSP Ivan McKee has praised Glasgow Kelvin College for its “crucial role in preparing Scotland’s future workforce” following a visit to its Springburn Campus to see the college’s pioneering work in green skills, engineering, and inclusive education.

Read on www.scottishfinancialnews.com →

Scotland’s quarterly jobless rate climbs as wage growth eases

Published 7 months ago

Scotland’s unemployment rate rose to 4.3% in the three months to March 2025, an increase of 0.5 percentage points from the previous quarter, according to Office for National Statistics (ONS) data.

Read on www.scottishfinancialnews.com →

RBS: Employment stabilises across Scottish private sector in April

Published 7 months ago

Firms have reported that increased global economic uncertainty, particularly related to US tariff announcements, is significantly impacting demand across various regions.

Read on www.scottishfinancialnews.com →

Scottish National Investment Bank pours further £2.25m into Cyacomb as new chair appointed

Published 7 months ago

Edinburgh-based digital forensics company, Cyacomb, has appointed a new chair and secured an additional £2.25 million from the Scottish National Investment Bank to further scale the company and expand the international application of its technology.

Read on www.scottishfinancialnews.com →

Scotland showcases fintech leadership at Europe’s largest fintech conference

Published 7 months ago

Scotland’s burgeoning financial technology (fintech) sector is set to take centre stage at Europe’s largest fintech conference, Money 20/20.

Read on www.scottishfinancialnews.com →