ScottishNews.com

Finance

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

Published 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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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Financial Conduct Authority takes aim at ‘finfluencer’ risks

Published 2 years ago

In response to a surge in online financial promotions, often involving illegal activities, the Financial Conduct Authority (FCA) has announced is preparing to bolster its regulations, particularly in the area of social media guidelines.

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ICAS and the Law Society urge proactive reform from new tax advisory group

Published 2 years ago

The Institute of Chartered Accountants of Scotland (ICAS) and the Law Society of Scotland have called on the Scottish Government’s newly formed tax advisory group to embark on an active reform agenda.

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Employment tax expert Brian Rudkin joins Armstrong Watson

Published 2 years ago

Financial services firm Armstrong Watson has welcomed industry veteran Brian Rudkin to helm its employment tax services.

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