ScottishNews.com

Finance

Wild Braemar expands thanks to support and funding advice from Business Gateway

Published 1 year ago

An Aberdeenshire nature education and outdoor experience business has successfully expanded its service offering after the business owner received support and funding advice from Business Gateway.

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Sensor specialist Neuranics secures £1.9m investment led by Par Equity

Published 1 year ago

Sensor specialist startup Neuranics has secured a £1.9 million investment led by Par Equity.

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Scotland emerges as UK’s manufacturing powerhouse

Published 1 year ago

Scotland has emerged as the UK’s most productive manufacturing region, with manufacturing output per hour being 19% higher than the UK average, according to new analysis by PwC UK.

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16 jobs lost as Logie Glazing and Building Services enters administration

Published 1 year ago

Dundee-based Logie Glazing and Building Services Limited has entered administration and ceased trading, resulting in the redundancy of all 16 employees.

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Circularity Scotland accounts for £4.5m of SNIB’s £17.8m loss

Published 1 year ago

Pictured (L-R): Scottish National Investment Bank CEO Al Denholm and William Kyle, fund director at PfP Captial, visit a new housing development at Kane Neuk, in Newcraighall, Edinburgh where backing from the bank has delivered 104 homes (credit: Nick Mailer Photography)

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Scottish productivity startup Trickle wins £1m investment to fuel expansion

Published 1 year ago

Scottish workplace productivity startup Trickle has secured a £1 million investment led by Equity Gap, featuring contributions from Scottish Enterprise and London-based VC firm NoBa Capital.

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British Business Bank faces £135m loss

Published 1 year ago

The British Business Bank (BBB) reported a £135 million post-tax loss in its latest financial year, predominantly due to a dip in tech company valuations.

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Interpath Advisory joint administrators appointed as Recast Sports enters administration

Published 1 year ago

Alistair McAlinden and Chris Pole of Interpath Advisory have been appointed as joint administrators of Recast Sports Limited on 22 September 2023.

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Kelvin Capital invests record £7.8m during first half of 2023

Published 1 year ago

Scottish-based investment syndicate Kelvin Capital has concluded record investment totalling £7.8 million in the first half of 2023, marking a 22% increase from the same period in 2022.

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HMRC’s stricter R&D claim mandates put £100m at stake for Scottish firms

Published 1 year ago

Scottish businesses stand at risk of losing up to £100 million this year, a consequence of non-compliance with newly instated requirements for research and development (R&D) tax relief claims, an R&D tax relief expert has warned.

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Finsbury Food Group accepts DBay Advisors’ £143.4m acquisition deal

Published 1 year ago

Finsbury Food Group, which acquired Coatbridge-based Lees earlier this year, has accepted an acquisition offer from Frisbee Bidco, a subsidiary owned by Isle of Man asset management firm DBay Advisors, in a deal valued at £143.4 million.

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Bank of England votes to halt interest hikes as inflation falls

Published 1 year ago

The Bank of England (BoE) has opted to maintain interest rates at 5.25% in a tightly contested vote.

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Springfield Properties suspends dividend and speculative developments amid challenging market

Published 1 year ago

Elgin-based housebuilder Springfield Properties has seen its share price take a hit after it suspended its dividend payments amid significant financial and housing market challenges.

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CIOT: Poor HMRC service levels harming business

Published 1 year ago

Widespread dissatisfaction regarding HMRC’s service levels among both tax agents and taxpayers has been highlighted by a recent survey carried out by the Chartered Institute of Taxation (CIOT).

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Unexpected dip in August CPI inflation sparks interest rate debate

Published 1 year ago

Amidst anticipations of a rise following an upturn in petrol prices and a hike in alcohol duties in August, the Consumer Price Index (CPI) inflation has surprisingly decreased to 6.7%.

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