ScottishNews.com

Finance

Trademylux launches innovative art resale platform with £300,000 backing

Published 1 year ago

Scottish start-up business Trademylux Limited has secured a £300,000 investment from TRICAPITAL Angels Limited and Scottish Enterprise as it launches the first in a series of luxury goods resale platforms.

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Dutch firm LionVolt acquires Scottish battery manufacturer AMTE Power

Published 1 year ago

FRP Advisory has sold AMTE Power’s Scotland business and assets out of administration to Dutch battery technology firm LionVolt, saving 20 jobs.

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First Minister enhances financial ties with City of London Corporation

Published 1 year ago

First Minister Humza Yousaf is visiting London this week to take part in a number of events in partnership with the City of London Corporation, including agreeing an enhanced framework to promote Scotland and London as centres of excellence for financial services.

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Spotless Commercial Cleaning surpasses £20m turnover with latest acquisition

Published 1 year ago

Edinburgh-based Spotless Commercial Cleaning Ltd has expanded its operations with the acquisition of Ashdown Cleaning, a Norwich-based company, adding a further 100 staff to its growing UK team.

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McLaren Packaging acquires Glenhaze for undisclosed sum

Published 1 year ago

Port Glasgow-based McLaren Packaging has acquired Bathgate-based protective packaging company Glenhaze for an undisclosed sum.

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City of Dunfermline and Fife to be showcased to national and international investors

Published 1 year ago

Fife Council’s Leader, Councillor David Ross, will be promoting Fife and the City of Dunfermline’s investment potential, in London, this week (24-25 January), as part of a Scottish Cities Alliance event.

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Abrdn targets £150m savings through job cuts and operational streamlining

Published 1 year ago

Edinburgh-based investment giant abrdn has announced a cost cutting programme targeting an annualised cost reduction of at least £150m by the end of 2025.

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Edinburgh-based payment platform BR-DGE surges ahead with 60% increase in merchant signups

Published 1 year ago

Payment orchestration platform BR-DGE has reported robust growth in 2023, fuelled by an increased demand in the market.

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Private equity activity in Scotland edges downward during 2023

Published 1 year ago

Mid-market private equity investment activity in Scotland saw a slight slight dip compared to last year’s record high, according to KPMG UK’s latest Mid-market Private Equity report.

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Joint administrators secure sale of Livingston uPVC windows business

Published 1 year ago

Livingston-headquartered Evoframes has been bought out of administration saving all 76 jobs.

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BGF drives Scottish growth with £33m injection and five successful exits in 2023

Published 1 year ago

British Growth Fund (BGF) has marked another successful year in 2023, with its Scotland and Northern Ireland team delivering five profitable exits and injecting £33 million into the local growth economy.

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@sipp charts independent course with successful management buyout

Published 1 year ago

Scottish pension provider @sipp has successfully undergone a management buyout (MBO) led by managing director Eddie McGuire and finance director Steve Lancaster.

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Consilium secures £450,000 RSA grant for James Scott & Sons

Published 1 year ago

James Scott and Sons, the Scottish manufacturer of commercial kitchens, is ready to embark on an exciting new chapter thanks to a £450,000 grant secured by Consilium Chartered Accountants.

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More than 38,000 new Scottish businesses in 2023

Published 1 year ago

More than 38,000 start-ups were launched in Scotland in 2023, according to new research from R3, the UK’s insolvency and restructuring trade body.

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Shona Campbell appointed chair of Henderson Loggie

Published 1 year ago

Scottish accountancy firm Henderson Loggie has elected Shona Campbell as its new chair, succeeding Alan Davis following his successful eight-year tenure.

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