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Finance

KPMG: Scottish businesses secure £184m in VC funding in H1 2024

Published 1 month ago

Twenty-three Scottish businesses have attracted over £85 million in venture capital funding during the second quarter of 2024, defy the broader UK investment trend, according to KPMG.

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Salmon Scotland calls for economic growth focus in Programme for Government

Published 1 month ago

Ahead of the Programme for Government, Salmon Scotland, the trade body representing the UK’s largest food export, has urged the Scottish Government to cut the red tape hindering Scotland’s blue economy regulations and support sustainable growth in the sector.

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Capital Credit Union enters partnership to help members go green

Published 1 month ago

Capital Credit Union (CCU) has partnered with Greener Energy Group to assist members in funding eco-friendly home upgrades like solar panels, heat pumps, and EV chargers.

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Over two-thirds of Scottish adults lack up to date will

Published 1 month ago

Sixty-nine per cent of adults in Scotland either do not have a will or have one that is out of date, a national will-writing charity has revealed.

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Bank of America predicts sterling to reach $1.41

Published 1 month ago

The pound is poised for a strong performance, potentially becoming one of the year’s best-performing major currencies, according to Bank of America.

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Historic environment brings in £6bn a year to Scottish economy

Published 1 month ago

Historic Environment Scotland (HES) has released a set of reports today providing insights into Scotland’s historic environment sector and a framework to help drive its contribution to Scotland’s economy, communities, and net zero ambitions.

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Energy Profits Levy hike could cost UK economy £13bn, warns OEUK

Published 1 month ago

The UK government’s proposed fiscal policy would generate a loss in economic value of around £13 billion compared to the economic contribution generated under the current windfall tax regime, according to Offshore Energies UK (OEUK).

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Wbg welcomes Scottish Government’s push for young business owners

Published 1 month ago

Wbg has lauded the launch of the Scottish Government’s Entrepreneurial Education Pathways Fund, predicting it will inspire a wave of young business owners.

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AAB Wealth’s AUA top £1 billion following latest acquisition

Published 1 month ago

Financial planning and wealth management firm AAB Wealth has acquired WealthFlow, a specialist financial planning firm based in Edinburgh, bringing its total assets under advice (AUA) to over £1 billion.

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Dundee’s Ashton McGill shortlisted for top UK accountancy award

Published 1 month ago

Dundee-based accountancy firm Ashton McGill has been shortlisted for the Employer of the Year (Small Company) award in the UK’s most esteemed accountancy awards.

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SRC: Scottish Budget must deliver on growth ambition

Published 1 month ago

The Scottish Retail Consortium has called for injecting greater certainty into fiscal plans, spending restraint rather than tax rises, and tax competitiveness as central focus points in the upcoming Scottish Budget.

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Azets acquires century-old Renfrewshire accountancy firm Milne Craig

Published 1 month ago

Accountancy and advisory firm Azets, which has its largest UK office in Braehead, has agreed to acquire Paisley-based chartered accountancy and wealth manager Milne Craig for an undisclosed sum.

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Chivas Brothers weathers market fluctuations with -1.6% sales downturn

Published 1 month ago

Chivas Brothers, Pernod Ricard’s Scotch whisky arm, has posted its 2024 full year results revealing a decline in net sales of -1.6%, but a strong rebound in the second half.

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Tweed Wealth Management expands in Scotland with Capital Wealth Consultants takeover

Published 1 month ago

Edinburgh-based Tweed Wealth Management taken over Glasgow-headquartered Capital Wealth Consultants (CWC).

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Unity Trust Bank sees pretax profits reach £37.2m in half year results

Published 1 month ago

Unity Trust Bank has posted strong half-year results as it celebrates its 40th anniversary.

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