ScottishNews.com

Finance

MAF Finance Group opens Edinburgh office and makes two senior hires

Published 1 year ago

Financial intermediary MAF Finance Group (MAF), which works across the UK, has established a base in Edinburgh to strengthen its presence in Scotland.

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Martin Precision celebrates 30 years with shift to employee ownership

Published 1 year ago

Martin Precision Ltd, a precision engineering firm located in Lanark, has transitioned to an employee ownership trust (EOT) structure, coinciding with its 30th year in business.

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Mull community project worth £1m to bolster local business

Published 1 year ago

A community initiative to support local business in the Isle of Mull has obtained a grant of up to £250,000 from Highlands and Islands Enterprise (HIE).

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Archangels boosts Scottish innovation with £12m co-investment agreement

Published 1 year ago

Scottish business angel syndicate Archangels has secured a £12 million co-investment agreement with British Business Investments through its Regional Angels Programme.

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Foresight fuels RFB’s acquisition of Forth Containers with £2m investment

Published 1 year ago

Regional private equity and infrastructure investment manager Foresight Group has made a £2 million investment into RFB Containers Limited to facilitate the acquisition of Forth Containers Limited, a Bathgate-based company.

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abrdn appoints former Aviva CFO Jason Windsor as new financial chief

Published 1 year ago

Asset management firm abrdn has appointed Jason Windsor as its new chief financial officer and executive director.

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Scotland leads UK in export growth as business confidence returns to positive

Published 1 year ago

Scottish businesses have witnessed a surge in confidence, registering in positive territory for the first time in a year, despite the ongoing challenges, according to a survey by ICAEW.

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AMTE Power staves off administration with £1m bridging loan

Published 1 year ago

Scottish battery manufacturer AMTE Power has secured a £1 million bridging loan from Arena Investors LP, providing a lifeline to the company as it was on the brink of administration due to financial distress.

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Integrity365 acquires two Scottish financial advisory firms

Published 1 year ago

Integrity365 Ltd, a UK-wide financial advisory service, has acquired MacDonald Partnership and Hart Wealth, the financial advisory arm of Hartinsure Limited.

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HIE launches innovation funding boost for Argyll and Bute businesses

Published 1 year ago

Highlands and Islands Enterprise (HIE) has established a new fund to boost innovation in businesses and social enterprises in Argyll and Bute.

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Japan specialist Dalton Investments appointed as stock picker for Alliance Trust

Published 1 year ago

Dundee-based investment firm Alliance Trust has announced that its investment manager, Willis Towers Watson (WTW), has appointed Dalton Investments LLC (Dalton) as a new Stock Picker for its multi-manager global equity portfolio.

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Azets donates over £12,000 to the Archie Foundation

Published 1 year ago

Accountancy and business advisory firm Azets has raised £12,258.50 for The Archie Foundation following a range of fundraising efforts.

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British Business Bank joins forces with Mint Ventures to drive female angel investment

Published 1 year ago

The British Business Bank is working with Mint Ventures – Scotland’s women-led angel investment syndicate – to improve access to finance for female business owners and to grow the pool of women angel investors.

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Interpath Advisory warns of rise in Scottish insolvencies as rising costs continue to bite

Published 1 year ago

The number of companies filing for administration in Scotland has jumped significantly year-on-year, as cost inflation, rising interest rates and sluggish growth continue to bite Scottish businesses.

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Virgin Money to close six Scottish branches amid digital banking shift

Published 1 year ago

Virgin Money has revealed it will shut six Scottish branches as part of its broader strategy to respond to changes in consumer banking behaviour.

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