Finance
SCC: High interest rates preventing investment in Scottish economy
Published 1 year ago
High interest rates are preventing investment in the Scottish economy, according to the latest Scottish Chambers of Commerce Quarterly Economic Indicator.
Read on www.scottishfinancialnews.com →
Simon Howie boosts profits to over £4.4m despite ‘staggering’ costs increase
Published 1 year ago
Perthshire-based Simon Howie Butchers has seen its pre-tax profits rise to more than £4.4 million despite a “staggering” rise in energy bills.
Read on www.scottishnews.com →
CB Technology revenues increase 36% with significant growth in staff
Published 1 year ago
Scotland’s largest independent electronics contract manufacturer, CB Technology, has delivered a 36% increase in turnover for 2022-23, taking its revenues to £14.3 million.
Read on www.scottishnews.com →
Johnston Carmichael and ICAS Foundation pioneer social mobility in Scottish accountancy
Published 1 year ago
In a move to foster social mobility and diversity, Johnston Carmichael has teamed up with the ICAS Foundation in a collaboration to financially back young, disadvantaged Scots pursuing accountancy degrees, addressing educational inequality head-on.
Read on www.scottishfinancialnews.com →
SPFL distributes £35.8m to clubs amid record £41.9m turnover
Published 1 year ago
The Scottish Professional Football League (SPFL) has reported a record-breaking financial year, with a turnover surge of 6% to £41.9 million, the highest in the league’s history.
Read on www.scottishfinancialnews.com →
£1m grant fuels waste facility upgrade and job creation in Polmont
Published 1 year ago
Levenseat, a recycling and waste management firm, is set to generate 50 new jobs at its Lathallan facility in Polmont, close to Falkirk, following a nearly £1 million grant from Scottish Enterprise.
Read on www.scottishfinancialnews.com →
Orkney Fishermen’s Society sails out of administration with Orkney Crab Ltd acquisition
Published 1 year ago
Orkney Fishermen’s Society, a supplier of crabs, lobsters, and fresh seafood, has been sold out of administration by joint administrators Michelle Elliot and Callum Carmichael, partners with FRP Advisory, to Orkney Crab Ltd, a subsidiary of PDK Shellfish Ltd, in a deal that saves the jobs of all 55 existing jobs.
Read on www.scottishfinancialnews.com →
Glasgow’s Metahelios chosen as Start Up Loans ambassador
Published 1 year ago
Advanced space camera technology firm Metahelios has been named as one of the 12 new ambassadors for the Start Up Loans programme, an initiative of the British Business Bank.
Read on www.scottishfinancialnews.com →
SIS Group champions economic recovery as lending returns to pre-pandemic levels
Published 1 year ago
Responsible finance provider SIS Group has seen a return to ‘business-as-usual’ as resilience funding decreased and demand for other funds reached near pre-pandemic levels, as detailed in its latest annual report.
Read on www.scottishfinancialnews.com →
SRC & KPMG: Inflation shadows Scottish retail sales growth ahead of ‘golden’ season
Published 1 year ago
Scotland has witnessed superficial growth in retail sales, increasing by 6.1% in the five weeks leading up to 30 September 2023, compared to the same period in 2022, slightly down from the previous year’s 6.5% growth.
Read on www.scottishfinancialnews.com →
Scotland plans first government bond to boost infrastructure investment
Published 1 year ago
Scotland is poised to issue its own government bond for the first time, a move set to finance critical infrastructure projects.
Read on www.scottishfinancialnews.com →
CPI inflation remains unchanged at 6.7%
Published 1 year ago
CPI Inflation in the UK has remained steady at 6.7% in September, defying the Bank of England’s prediction of 6.9%.
Read on www.scottishfinancialnews.com →
Panoramic, Maven and Emerald back MBO of Bullet Express
Published 1 year ago
Panoramic Growth Equity, and Maven Capital Partners, through its professional client investment platform, Maven Investor Partners, have backed the management buyout of Glasgow-based distribution and logistics specialist Bullet Express.
Read on www.scottishfinancialnews.com →
AAB Group acquires Elstan HR
Published 1 year ago
Tech-enabled business critical services group AAB has expanded its reach with the acquisition of Elstan HR, a South-East England-based outsourced and integrated HR firm, as part of its strategy to further extend the HR consultancy services offered across the group.
Read on www.scottishfinancialnews.com →
Abrdn agrees £100m European business sale
Published 1 year ago
Abrdn has reached an agreement to divest its European private equity division in a deal valued at approximately £100 million.
Read on www.scottishfinancialnews.com →
SCC: High interest rates preventing investment in Scottish economy
Published 1 year ago
High interest rates are preventing investment in the Scottish economy, according to the latest Scottish Chambers of Commerce Quarterly Economic Indicator.
Read on www.scottishfinancialnews.com →
Simon Howie boosts profits to over £4.4m despite ‘staggering’ costs increase
Published 1 year ago
Perthshire-based Simon Howie Butchers has seen its pre-tax profits rise to more than £4.4 million despite a “staggering” rise in energy bills.
Read on www.scottishnews.com →
CB Technology revenues increase 36% with significant growth in staff
Published 1 year ago
Scotland’s largest independent electronics contract manufacturer, CB Technology, has delivered a 36% increase in turnover for 2022-23, taking its revenues to £14.3 million.
Read on www.scottishnews.com →
Johnston Carmichael and ICAS Foundation pioneer social mobility in Scottish accountancy
Published 1 year ago
In a move to foster social mobility and diversity, Johnston Carmichael has teamed up with the ICAS Foundation in a collaboration to financially back young, disadvantaged Scots pursuing accountancy degrees, addressing educational inequality head-on.
Read on www.scottishfinancialnews.com →
SPFL distributes £35.8m to clubs amid record £41.9m turnover
Published 1 year ago
The Scottish Professional Football League (SPFL) has reported a record-breaking financial year, with a turnover surge of 6% to £41.9 million, the highest in the league’s history.
Read on www.scottishfinancialnews.com →
£1m grant fuels waste facility upgrade and job creation in Polmont
Published 1 year ago
Levenseat, a recycling and waste management firm, is set to generate 50 new jobs at its Lathallan facility in Polmont, close to Falkirk, following a nearly £1 million grant from Scottish Enterprise.
Read on www.scottishfinancialnews.com →
Orkney Fishermen’s Society sails out of administration with Orkney Crab Ltd acquisition
Published 1 year ago
Orkney Fishermen’s Society, a supplier of crabs, lobsters, and fresh seafood, has been sold out of administration by joint administrators Michelle Elliot and Callum Carmichael, partners with FRP Advisory, to Orkney Crab Ltd, a subsidiary of PDK Shellfish Ltd, in a deal that saves the jobs of all 55 existing jobs.
Read on www.scottishfinancialnews.com →
Glasgow’s Metahelios chosen as Start Up Loans ambassador
Published 1 year ago
Advanced space camera technology firm Metahelios has been named as one of the 12 new ambassadors for the Start Up Loans programme, an initiative of the British Business Bank.
Read on www.scottishfinancialnews.com →
SIS Group champions economic recovery as lending returns to pre-pandemic levels
Published 1 year ago
Responsible finance provider SIS Group has seen a return to ‘business-as-usual’ as resilience funding decreased and demand for other funds reached near pre-pandemic levels, as detailed in its latest annual report.
Read on www.scottishfinancialnews.com →
SRC & KPMG: Inflation shadows Scottish retail sales growth ahead of ‘golden’ season
Published 1 year ago
Scotland has witnessed superficial growth in retail sales, increasing by 6.1% in the five weeks leading up to 30 September 2023, compared to the same period in 2022, slightly down from the previous year’s 6.5% growth.
Read on www.scottishfinancialnews.com →
Scotland plans first government bond to boost infrastructure investment
Published 1 year ago
Scotland is poised to issue its own government bond for the first time, a move set to finance critical infrastructure projects.
Read on www.scottishfinancialnews.com →
CPI inflation remains unchanged at 6.7%
Published 1 year ago
CPI Inflation in the UK has remained steady at 6.7% in September, defying the Bank of England’s prediction of 6.9%.
Read on www.scottishfinancialnews.com →
Panoramic, Maven and Emerald back MBO of Bullet Express
Published 1 year ago
Panoramic Growth Equity, and Maven Capital Partners, through its professional client investment platform, Maven Investor Partners, have backed the management buyout of Glasgow-based distribution and logistics specialist Bullet Express.
Read on www.scottishfinancialnews.com →
AAB Group acquires Elstan HR
Published 1 year ago
Tech-enabled business critical services group AAB has expanded its reach with the acquisition of Elstan HR, a South-East England-based outsourced and integrated HR firm, as part of its strategy to further extend the HR consultancy services offered across the group.
Read on www.scottishfinancialnews.com →
Abrdn agrees £100m European business sale
Published 1 year ago
Abrdn has reached an agreement to divest its European private equity division in a deal valued at approximately £100 million.
Read on www.scottishfinancialnews.com →