ScottishNews.com

Finance

UMi receives £4m boost to propel growth of Scottish SMEs

Published 1 year ago

UMi Debt Finance has received an additional £4 million funding injection to continue its support for Scotland’s small & medium enterprises (SMEs) sector.

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RBS: Scottish private sector sees decline in business activity and new orders

Published 1 year ago

The Royal Bank of Scotland’s latest PMI survey recorded almost no change in business activity across Scotland’s private sector for August 2023.

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Nucleus’ acquisition of Curtis Banks receives green light

Published 1 year ago

Edinburgh-based Nucleus Financial Platforms, an independent adviser platform in the UK, has secured all the requisite regulatory approvals for its acquisition of the Curtis Banks Group.

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Techscaler welcomes first cohort to Startup Next Steps education course

Published 1 year ago

Techscaler has launched its latest course, Startup Next Steps, where founders and senior team members will learn how to plan and lead their technology companies to the next level, beyond the earlier stages of customer acquisition and product launch.

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£1.5m funding available to Scottish entrepreneurs

Published 1 year ago

The first phase of a new initiative to identify and nurture new entrepreneurial talent has been launched.

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Programme for Government to focus on economic growth and innovation

Published 1 year ago

First Minister Humza Yousaf has laid out a comprehensive Programme for Government aimed at boosting Scotland’s economic growth, supporting small businesses, and combatting poverty.

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Tinto Hill’s search for £50m business acquisition begins in Scotland

Published 1 year ago

Spearheaded by Edinburgh-born entrepreneur Nick Hodgson, a new Scottish search fund, Tinto Hill, has been launched with the goal to acquire a business worth up to £50 million.

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Scottish Enterprise backs Össur with £400,000 for prosthetic innovations

Published 1 year ago

Livingston-based prosthetic technology specialist, Össur, has secured a £400,000 research and development grant from Scottish Enterprise, as part of a £2 million project aimed at advancing upper limb prosthetic technologies.

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Deanestor returns to pre-pandemic profits amid £5m turnover growth

Published 1 year ago

Dunfermline-based furniture and fitout specialist Deanestor has reported an impressive financial performance, bouncing back to pre-pandemic profit levels and experiencing a 35% increase in turnover, which reached £19 million in the year ending 31 December 2022. 

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Johnston Carmichael corporate team enjoys record year with deals worth £617m

Published 1 year ago

Scottish accountancy firm Johnston Carmichael has reported its most successful year for its corporate finance division, surpassing £600 million worth of deals.

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Accountancy firm Saffery Champness rebrands and becomes Saffery

Published 1 year ago

Accounting and advisory firm Saffery Champness has reached a major milestone in its more than 165 year history as it launches its refreshed brand and becomes Saffery.

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Employee ownership model gains momentum in Scotland with two new additions

Published 1 year ago

While one trades in steel and the other in numbers, two more Scottish firms - Alexander (Scotland) & Co and Glen Drummond Chartered Accountants - have opted to become employee owned, handing their respective employees a 100% share via the creation of an employee ownership trust (EOT).

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Chiene + Tait Financial Planning transforms into Seven Street Wealth following management acquisition

Published 1 year ago

Edinburgh-based financial advisory firm Chiene + Tait Financial Planning has undergone a management buyout led by directors Mark Dobson and Gordon Birrell.

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Hutcheon Mearns invests in new Aberdeen office amidst rapid growth

Published 1 year ago

Financial services firm Hutcheon Mearns has expanded its Scottish presence with the acquisition and refurbishment of a prominent Aberdeen office located at 2 Queens Road.

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Confidence returns to rural business while financial concerns continue

Published 1 year ago

Highlands and Islands businesses have growing confidence in Scotland’s economic output and the performance of individual enterprises, but concerns over finances remain prominent, according to a new survey of Scotland’s rural businesses and social enterprises.

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