Finance
BASF Pharma expands in Lewis with £1.8m warehouse
Published 1 year ago
Life science company BASF Pharma (Callanish Ltd) has opened its £1.8 million consumables warehouse in the Isle of Lewis.
Read on www.scottishnews.com →
Business confidence in Scotland remains subdued as challenges continue
Published 1 year ago
Business confidence in Scotland is ahead of the UK average although challenges remain, a survey of chartered accountants published today by ICAEW has found.
Read on www.scottishnews.com →
FAI: Scottish economy’s sluggish growth and the road ahead
Published 1 year ago
Subdued growth prospects for the Scottish economy have been highlighted, with predicted growth rates of 0.2% in 2023, 0.7% in 2024, and 1.2% in 2025, according to the University of Strathclyde’s Fraser of Allander Institute.
Read on www.scottishfinancialnews.com →
Bank of Scotland owner Lloyds’ Q3 profits jump to £1.86bn
Published 1 year ago
Lloyds Banking Group, owner of Bank of Scotland and Scottish Widows, has reported a surge in its pre-tax profits for the third quarter to £1.86 billion from £576 million in the same period a year ago, a figure slightly surpassing the £1.82bn City analysts had forecasted.
Read on www.scottishfinancialnews.com →
Reward Finance Group amplifies SME support with £50m from Foresight Group
Published 1 year ago
SME business finance loans and asset-based solutions firm Reward Finance Group, which has an office in Edinburgh, has secured an additional £50 million to its credit line from the alternative investment manager, Foresight Group.
Read on www.scottishfinancialnews.com →
Aberdeen-headquartered activpayroll expands global reach with LIMES acquisition
Published 1 year ago
Provider of global payroll and HR solutions activpayroll has acquired LIMES International, a firm headquartered in the Netherlands and specialising in global mobility, tax, HR advisory, and payroll management, for an undisclosed amount.
Read on www.scottishfinancialnews.com →
Corporate insolvencies up nearly 5% year-on-year
Published 1 year ago
Scotland has experienced a 4.8% rise in corporate insolvency numbers (comprising liquidations and receiverships) for Q2 2023-2024, reaching 283 cases, in comparison to the same quarter in the preceding year, according to data released by Accountant in Bankruptcy.
Read on www.scottishfinancialnews.com →
Carbon Financial Partners to be acquired by Progeny
Published 1 year ago
Scottish financial advisory firm Carbon Financial Partners is poised for acquisition by Leeds-based professional services company Progeny for an undisclosed sum.
Read on www.scottishfinancialnews.com →
Glasgow’s Alba Bank partners with ClearBank to manage payments for SMEs
Published 1 year ago
Alba Bank, founded by Scottish entrepreneur Jim McColl, has partnered with ClearBank, the enabler of real-time clearing and embedded banking, to manage payments for its customers.
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 →
BASF Pharma expands in Lewis with £1.8m warehouse
Published 1 year ago
Life science company BASF Pharma (Callanish Ltd) has opened its £1.8 million consumables warehouse in the Isle of Lewis.
Read on www.scottishnews.com →
Business confidence in Scotland remains subdued as challenges continue
Published 1 year ago
Business confidence in Scotland is ahead of the UK average although challenges remain, a survey of chartered accountants published today by ICAEW has found.
Read on www.scottishnews.com →
FAI: Scottish economy’s sluggish growth and the road ahead
Published 1 year ago
Subdued growth prospects for the Scottish economy have been highlighted, with predicted growth rates of 0.2% in 2023, 0.7% in 2024, and 1.2% in 2025, according to the University of Strathclyde’s Fraser of Allander Institute.
Read on www.scottishfinancialnews.com →
Bank of Scotland owner Lloyds’ Q3 profits jump to £1.86bn
Published 1 year ago
Lloyds Banking Group, owner of Bank of Scotland and Scottish Widows, has reported a surge in its pre-tax profits for the third quarter to £1.86 billion from £576 million in the same period a year ago, a figure slightly surpassing the £1.82bn City analysts had forecasted.
Read on www.scottishfinancialnews.com →
Reward Finance Group amplifies SME support with £50m from Foresight Group
Published 1 year ago
SME business finance loans and asset-based solutions firm Reward Finance Group, which has an office in Edinburgh, has secured an additional £50 million to its credit line from the alternative investment manager, Foresight Group.
Read on www.scottishfinancialnews.com →
Aberdeen-headquartered activpayroll expands global reach with LIMES acquisition
Published 1 year ago
Provider of global payroll and HR solutions activpayroll has acquired LIMES International, a firm headquartered in the Netherlands and specialising in global mobility, tax, HR advisory, and payroll management, for an undisclosed amount.
Read on www.scottishfinancialnews.com →
Corporate insolvencies up nearly 5% year-on-year
Published 1 year ago
Scotland has experienced a 4.8% rise in corporate insolvency numbers (comprising liquidations and receiverships) for Q2 2023-2024, reaching 283 cases, in comparison to the same quarter in the preceding year, according to data released by Accountant in Bankruptcy.
Read on www.scottishfinancialnews.com →
Carbon Financial Partners to be acquired by Progeny
Published 1 year ago
Scottish financial advisory firm Carbon Financial Partners is poised for acquisition by Leeds-based professional services company Progeny for an undisclosed sum.
Read on www.scottishfinancialnews.com →
Glasgow’s Alba Bank partners with ClearBank to manage payments for SMEs
Published 1 year ago
Alba Bank, founded by Scottish entrepreneur Jim McColl, has partnered with ClearBank, the enabler of real-time clearing and embedded banking, to manage payments for its customers.
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 →