Finance
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 →
Wage surge outpaces inflation
Published 1 year ago
August has witnessed a sustained surge in wages, one of the fastest since records began in 2001, according to the Office for National Statistics (ONS), sparking concerns over persistent inflation contrary to the Bank of England’s expectations.
Read on www.scottishfinancialnews.com →
Scotgold in advanced talks with new backer
Published 1 year ago
Scotland’s sole gold mining company Scotgold Resources has updated shareholders saying it is currently in advanced talks with a prospective new investor, following the withdrawal of a previous party earlier this month.
Read on www.scottishfinancialnews.com →
Beta Bugs secures £1.72m to boost sustainable animal feed
Published 1 year ago
Scottish biotech firm Beta Bugs Limited, specialising in insect genetics, has garnered a £1.72 million investment to bolster its production and supply of Black Soldier Fly eggs and larvae to the insect farming sector, as a sustainable alternative to current sources of protein for animal feed.
Read on www.scottishfinancialnews.com →
Wylie & Bisset urges SMEs to tackle late payment through automation
Published 1 year ago
While welcoming the UK government’s plans to launch more stringent initiatives to curtail the persistent problem of late payments to SMEs as a step in the right direction, Wylie & Bisset, Accountants and Business Advisers, notes that the initiatives apply only to larger businesses with a turnover in excess of £10 million.
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 →
Wage surge outpaces inflation
Published 1 year ago
August has witnessed a sustained surge in wages, one of the fastest since records began in 2001, according to the Office for National Statistics (ONS), sparking concerns over persistent inflation contrary to the Bank of England’s expectations.
Read on www.scottishfinancialnews.com →
Scotgold in advanced talks with new backer
Published 1 year ago
Scotland’s sole gold mining company Scotgold Resources has updated shareholders saying it is currently in advanced talks with a prospective new investor, following the withdrawal of a previous party earlier this month.
Read on www.scottishfinancialnews.com →
Beta Bugs secures £1.72m to boost sustainable animal feed
Published 1 year ago
Scottish biotech firm Beta Bugs Limited, specialising in insect genetics, has garnered a £1.72 million investment to bolster its production and supply of Black Soldier Fly eggs and larvae to the insect farming sector, as a sustainable alternative to current sources of protein for animal feed.
Read on www.scottishfinancialnews.com →
Wylie & Bisset urges SMEs to tackle late payment through automation
Published 1 year ago
While welcoming the UK government’s plans to launch more stringent initiatives to curtail the persistent problem of late payments to SMEs as a step in the right direction, Wylie & Bisset, Accountants and Business Advisers, notes that the initiatives apply only to larger businesses with a turnover in excess of £10 million.
Read on www.scottishfinancialnews.com →