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Finance

Consilium spearheads Smedvig’s $5m investment in Swedish tech firm

Published 1 year ago

Glasgow-based Consilium Chartered Accountants has successfully provided financial due diligence services to Smedvig Capital for its investment in Minut AB, a Swedish technology firm.

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Rock Trust receives £0.9m from proceeds of Balnacraig School liquidation

Published 1 year ago

Surplus funds resulting from the winding up of one of Scotland’s oldest charities have been passed on to the Rock Trust to go towards the prevention of youth homelessness.

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Murray Capital achieves £4m profit amidst market volatility

Published 1 year ago

Edinburgh-based Murray Capital, a family-run business led by David and Keith Murray, has posted a profit before tax of £4 million for its latest financial year.

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Edinburgh to reap £32m benefit as EICC secures historic conference pipeline

Published 1 year ago

In a significant boost for Edinburgh’s economy, the Edinburgh International Conference Centre (EICC) has achieved its strongest ever pipeline by securing 40 major conferences and events for the next 12-36 months.

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Scottish medical sector revitalised with £3.35m funding for eco-friendly device manufacturing

Published 1 year ago

The Medical Device Manufacturing Centre (MDMC), a consortium led by Heriot-Watt University in Scotland, has received a significant financial boost with an additional £3.35 million funding from Scottish Enterprise.

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RBS: Scotland’s hiring activity sees rebound despite UK downturn

Published 1 year ago

November marked a significant turnaround in Scotland’s recruitment sector with a renewed rise in hiring activity, as revealed by the Royal Bank of Scotland Report on Jobs.

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Scottish banker Craig Herd crowned UK Young Banker of the Year 2023

Published 1 year ago

Craig Herd, a product analyst at Sainsbury’s Bank based in Cumbernauld, has been named the UK Young Banker of the Year 2023.

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Acumen Accountants expands with six-figure acquisition of Graeme Munro & Co

Published 1 year ago

Aberdeenshire-based Acumen Accountants has enhanced its market presence in Northeast Scotland through the acquisition of Graeme Munro & Company Ltd.

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Scottish Business Monitor shows half of Scots firms stall investments in economic downturn

Published 1 year ago

Nearly half of firms in Scotland have either postponed or abandoned their investment plans in the last year, the latest Addleshaw Goddard Scottish Business Monitor (SBM) reveals.

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Scottish hospitality business refinances £8m debt with The Cumberland

Published 1 year ago

A Scottish business owner who faced financial uncertainty after her bank exited the SME market has successfully refinanced £8 million of debt with The Cumberland Building Society.

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Quiz in strategic review as financial woes hit Scottish retailer

Published 1 year ago

Glasgow-based fashion retailer Quiz has initiated a strategic review after it reported a pre-tax loss of £1.5 million for the first half of the year ending September 30, a stark contrast to the £1.8m profit in the previous period.

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Bancon Group achieves £4.6m operating profits despite market headwinds

Published 1 year ago

The Aberdeenshire-based housebuilding and construction group Bancon Group has posted a robust year of trading, marked by a 33% increase in its homes business and a 16% rise in overall turnover, for the year ended March 2023.

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Scots Campervan firm earns Fair Tax Mark for fourth consecutive year

Published 1 year ago

Jerba Campervans, a Scottish campervan conversion specialist, has distinguished itself by earning an esteemed certification recognising its responsible tax performance for the fourth year in a row.

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Investors flock to gold and cryptocurrencies amid economic optimism and central bank shifts

Published 1 year ago

In recent financial developments, gold prices soared to a record high of $2,135.40 (around £1,690) an ounce, spurred by the anticipation of lower global borrowing costs, a weakening US dollar, and expectations of loosening global monetary policies.

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Estonian ex-military turned financial expert launches Dundee-based investment school

Published 1 year ago

A former member of the Estonian army and University of Dundee alumnus has launched his investment education start-up Stock Doctor.

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