Finance
MHA extends reach into Scotland through merger with Meston Reid & Co
Published 1 year ago
UK accountancy group MHA has announced a merger with Aberdeen-based Meston Reid & Co.
Read on www.scottishfinancialnews.com →
Scotgold places staff on unpaid leave as financial strain intensifies
Published 1 year ago
Scotland’s sole commercial gold miner, Scotgold Resources, has placed the majority of its staff on unpaid leave “until further notice” as it continues to grapple with significant financial constraints.
Read on www.scottishfinancialnews.com →
Arnold Clark pays whooping £67m dividend to family owners
Published 1 year ago
Family-owned car dealership Arnold Clark has paid £67 million worth of dividends to the family owners, a sum almost equivalent to the company’s furlough payments during the pandemic.
Read on www.scottishfinancialnews.com →
St Andrews Links Trust reports financial turnaround with £3.7m profit
Published 1 year ago
The organisation managing the St Andrews Old Course has experienced a financial turnaround with a return to pre-pandemic revenue levels, posting a profit of £3.7 million in 2022.
Read on www.scottishfinancialnews.com →
Macfarlane Group expands reach with £3.85m acquisition of B&D Group
Published 1 year ago
Glasgow-based Macfarlane Group has acquired B&D 2010 Group Limited, a Southern England based specialist in protective packaging, in a deal worth £3.85 million.
Read on www.scottishfinancialnews.com →
New tax checks come into effect for Scottish taxi and private hire drivers
Published 1 year ago
A new regulation has come into effect requiring Scotland’s 29,000 taxi and private hire drivers to undergo HM Revenue and Customs (HMRC) tax checks as a prerequisite for the renewal of their operating licences.
Read on www.scottishfinancialnews.com →
Martin Gilbert’s AssetCo buys Indian asset manager
Published 1 year ago
Agile asset and wealth management AssetCo has acquired Indian fund manager Ocean Dial Asset Management, purchasing the entire issued share capital from Avendus Capital Asset Management.
Read on www.scottishfinancialnews.com →
Scottish businesses maintain growth ambitions despite minor confidence dip
Published 1 year ago
Business confidence in Scotland experienced a minor dip in September, dropping three points to 33%, according to the latest Business Barometer by Bank of Scotland Commercial Banking.
Read on www.scottishfinancialnews.com →
Glasgow City Council unveils new ethical investment strategy
Published 1 year ago
Glasgow City Council has approved a new investment strategy for Glasgow, structured around ethical investment principles.
Read on www.scottishfinancialnews.com →
Economic optimism as Highlands and Islands attract over £1.1m in investments
Published 1 year ago
The financial year has gotten off to a good start for the Highlands and Islands region and has a promising outlook for inward investment.
Read on www.scottishfinancialnews.com →
HIE supports expansion of Jamieson’s Spinning amid growing international demand
Published 1 year ago
Shetland’s only commercial woollen mill, Jamieson’s Spinning, located in Sandness, has experienced overwhelming success with its recently purchased Shima Seiki knitting machine, prompting the acquisition of another to meet soaring international demand for its ‘Made in Shetland’ products.
Read on www.scottishfinancialnews.com →
New R&D tax relief figures show surge in UK company innovation investment
Published 1 year ago
New statistics released by HMRC today show UK companies significantly increased their levels of innovation investment in the 2021-22 tax year.
Read on www.scottishfinancialnews.com →
Scottish growth lags with 0.1% GDP gain in July
Published 1 year ago
Scotland’s onshore GDP grew by 0.1% in July, following 0.0% growth in June 2023, according to statistics announced by the Chief Statistician.
Read on www.scottishfinancialnews.com →
Stellar Omada lands £4.5m BGF investment for digital prowess in financial sector
Published 1 year ago
Edinburgh-headquartered technology services firm Stellar Omada has secured a £4.5 million investment from capital growth investors BGF.
Read on www.scottishfinancialnews.com →
Sustainable finance industry leaders flock to Edinburgh for Ethical Finance Summit
Published 1 year ago
Over 500 finance sector professionals gathered in Edinburgh last week to help drive green and responsible finance forward, enabling the achievement of net zero goals in Scotland and around the world.
Read on www.scottishfinancialnews.com →
MHA extends reach into Scotland through merger with Meston Reid & Co
Published 1 year ago
UK accountancy group MHA has announced a merger with Aberdeen-based Meston Reid & Co.
Read on www.scottishfinancialnews.com →
Scotgold places staff on unpaid leave as financial strain intensifies
Published 1 year ago
Scotland’s sole commercial gold miner, Scotgold Resources, has placed the majority of its staff on unpaid leave “until further notice” as it continues to grapple with significant financial constraints.
Read on www.scottishfinancialnews.com →
Arnold Clark pays whooping £67m dividend to family owners
Published 1 year ago
Family-owned car dealership Arnold Clark has paid £67 million worth of dividends to the family owners, a sum almost equivalent to the company’s furlough payments during the pandemic.
Read on www.scottishfinancialnews.com →
St Andrews Links Trust reports financial turnaround with £3.7m profit
Published 1 year ago
The organisation managing the St Andrews Old Course has experienced a financial turnaround with a return to pre-pandemic revenue levels, posting a profit of £3.7 million in 2022.
Read on www.scottishfinancialnews.com →
Macfarlane Group expands reach with £3.85m acquisition of B&D Group
Published 1 year ago
Glasgow-based Macfarlane Group has acquired B&D 2010 Group Limited, a Southern England based specialist in protective packaging, in a deal worth £3.85 million.
Read on www.scottishfinancialnews.com →
New tax checks come into effect for Scottish taxi and private hire drivers
Published 1 year ago
A new regulation has come into effect requiring Scotland’s 29,000 taxi and private hire drivers to undergo HM Revenue and Customs (HMRC) tax checks as a prerequisite for the renewal of their operating licences.
Read on www.scottishfinancialnews.com →
Martin Gilbert’s AssetCo buys Indian asset manager
Published 1 year ago
Agile asset and wealth management AssetCo has acquired Indian fund manager Ocean Dial Asset Management, purchasing the entire issued share capital from Avendus Capital Asset Management.
Read on www.scottishfinancialnews.com →
Scottish businesses maintain growth ambitions despite minor confidence dip
Published 1 year ago
Business confidence in Scotland experienced a minor dip in September, dropping three points to 33%, according to the latest Business Barometer by Bank of Scotland Commercial Banking.
Read on www.scottishfinancialnews.com →
Glasgow City Council unveils new ethical investment strategy
Published 1 year ago
Glasgow City Council has approved a new investment strategy for Glasgow, structured around ethical investment principles.
Read on www.scottishfinancialnews.com →
Economic optimism as Highlands and Islands attract over £1.1m in investments
Published 1 year ago
The financial year has gotten off to a good start for the Highlands and Islands region and has a promising outlook for inward investment.
Read on www.scottishfinancialnews.com →
HIE supports expansion of Jamieson’s Spinning amid growing international demand
Published 1 year ago
Shetland’s only commercial woollen mill, Jamieson’s Spinning, located in Sandness, has experienced overwhelming success with its recently purchased Shima Seiki knitting machine, prompting the acquisition of another to meet soaring international demand for its ‘Made in Shetland’ products.
Read on www.scottishfinancialnews.com →
New R&D tax relief figures show surge in UK company innovation investment
Published 1 year ago
New statistics released by HMRC today show UK companies significantly increased their levels of innovation investment in the 2021-22 tax year.
Read on www.scottishfinancialnews.com →
Scottish growth lags with 0.1% GDP gain in July
Published 1 year ago
Scotland’s onshore GDP grew by 0.1% in July, following 0.0% growth in June 2023, according to statistics announced by the Chief Statistician.
Read on www.scottishfinancialnews.com →
Stellar Omada lands £4.5m BGF investment for digital prowess in financial sector
Published 1 year ago
Edinburgh-headquartered technology services firm Stellar Omada has secured a £4.5 million investment from capital growth investors BGF.
Read on www.scottishfinancialnews.com →
Sustainable finance industry leaders flock to Edinburgh for Ethical Finance Summit
Published 1 year ago
Over 500 finance sector professionals gathered in Edinburgh last week to help drive green and responsible finance forward, enabling the achievement of net zero goals in Scotland and around the world.
Read on www.scottishfinancialnews.com →