ScottishNews.com

Finance

Ebury grows presence in Scotland with key partnerships and appointment

Published 1 month ago

Global financial services firm Ebury has announced that it is increasing its investment in Scotland with a series of strategic moves aimed at boosting their Scottish operations.

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Scotland’s financial sector showcases opportunities for US investment during Tartan Week

Published 1 month ago

Scottish Financial Enterprise (SFE) chief executive Sandy Begbie CBE FRSE is in New York for Tartan Week, as part of a delegation including politicians and business leaders representing Scotland at the annual city-wide event celebrating close ties between New York and Scotland.

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£400m Dunedin trust increases dividend 5% as it achieves 6.7% NAV return

Published 1 month ago

Edinburgh-based Dunedin Income Growth Investment Trust, a £400 million company investing in UK-listed firms meeting its sustainable investing criteria, has reported strong results for the year ending 31 January 2024.

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Employee-owned Scott and Fyfe reports growing profits in 160th year

Published 1 month ago

Scott and Fyfe, an employee-owned technical textiles company, celebrating its 160th anniversary, has announced “impressive” profits despite a highly challenging year.

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Azets: New R&D tax relief rules could hinder Scottish innovation

Published 1 month ago

A substantial number of Scottish businesses could potentially miss out on vital research and development (R&D) tax relief by failing to meet new requirements to pre-register their intention to make a claim, a tax expert has claimed.

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Johnston Carmichael Wealth expands into Dundee following two senior appointments

Published 1 month ago

Johnston Carmichael Wealth has bolstered its presence in Dundee with the strategic appointments of Lauren Whitters and Duncan Fernie as financial planners.

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Decline in number of VAT-registered businesses

Published 1 month ago

The number of VAT-registered businesses in Scotland has declined by over 2,000, new figures reveal.

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British Business Bank backs Edinburgh film and photography start-up

Published 1 month ago

Film and photography start-up OJE Studios is expanding its headcount and relocating operations to Edinburgh after a funding boost from the British Business Bank’s Start Up Loans scheme.

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RSM takes up new Aberdeen city centre office

Published 1 month ago

RSM’s Aberdeen team has relocated to The Capitol – an award-winning office space in Aberdeen city centre.

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Scottish economy records 0.6% GDP growth in January

Published 1 month ago

Following unrevised 0.4% growth in December 2023, Scotland’s onshore GDP grew by 0.6% in January 2024, according to the Chief Statistician.

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EDC Group embraces employee ownership trust model

Published 1 month ago

The EDC group of companies, comprising EDC Scotland, EDC North East, and EDC Air Compressors, has announced its transition to an employee ownership trust (EOT) model after over two decades in business.

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Ember secures £11 million to supercharge electric bus revolution

Published 1 month ago

Ember has announced that it has raised an £11 million Series A financing round, led by Inven Capital, 2150 and AENU.

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Fraser of Allander: Scottish economy slowly recovering in line with expectations

Published 1 month ago

Economic data in early 2024 is showing that the economy is likely to be recovering hesitantly, as expected, following the contractions in growth in the final part of 2023. This comes in the latest economic assessment from the Fraser of Allander Institute at the University of Strathclyde.

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SCC: Cashflow and profitability decline for Scottish businesses as high costs hammer businesses

Published 1 month ago

The first quarter has seen a significant downturn in cashflow and profits for Scottish businesses, with sizeable contractions recorded across four of the five sectors, according to the latest Scottish Chambers of Commerce quarterly economic indicator.

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Scottish SMEs to brace for lower R&D tax rewards from April

Published 1 month ago

The financial landscape for Scottish businesses is about to be affected by a game-changing overhaul in R&D tax credits set to kick in on 1 April 2024.

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