ScottishNews.com

Finance

Scotland announces first two Investment Zones with £160m earmarked investment

Published 1 year ago

Scotland is set to create its first two Investment Zones in the Glasgow City Region and the North East, with up to £160 million of targeted investment, tax reliefs, and other incentives being earmarked over the next five years.

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Interpath Advisory’s joint administrators secure Wilkies future through asset sale

Published 1 year ago

The survival of Scottish retail chain Wilkies has been secured through a sale of the business and certain assets out of administration.

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Scottish Borders Council announces new finance and corporate governance directors

Published 1 year ago

The Scottish Borders Council has confirmed the appointment of two new directors, Suzy Douglas, director of finance & procurement, and Nuala McKinlay, director of corporate governance, effective immediately.

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Brewdog boss says Brexit is ‘tragic for UK business’

Published 1 year ago

James Watt, CEO of Brewdog, the brewery and pub chain headquartered in Ellon, Aberdeenshire, has expressed strong criticisms about the aftermath of Brexit, describing it as “tragic for UK business” and emphasising its detrimental effects on his own enterprise.

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Arbroath FC triples revenue to £1.88m in a year

Published 1 year ago

Scottish football club, Arbroath FC, has made headlines following a significant surge in their financial fortunes, tripling their annual turnover to £1.88 million in 2022.

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Scotland’s GDP shrinks for second month

Published 1 year ago

Scotland’s onshore GDP contracted by 0.5% in April, according to statistics announced by the Chief Statistician.

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R3: Over 3,200 new Scottish businesses registered in May 2023

Published 1 year ago

Scotland has witnessed a surge in new businesses, with over 3,200 start-ups registered in May 2023, according to research conducted by R3, the UK’s insolvency and restructuring trade body.

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Shepherd and Wedderburn advises on £125 billion in transactions

Published 1 year ago

Shepherd and Wedderburn’s banking and finance team has reported a busy 12 months.

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Fintech start-up ZIPZERO relocates to Scotland seeking ‘most fertile land for UK tech’

Published 1 year ago

Fintech start-up ZIPZERO has relocated its headquarters from London to Aberdeen, as it looks to leverage the region’s thriving tech scene to drive its expansion.

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Scottish Dental Care expands portfolio with acquisition of two prime Glasgow practices

Published 1 year ago

Scottish Dental Care, a family-owned dentistry group based in Glasgow, has acquired Barrhead and Gorbals Dental Practices.

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Azets facilitates sale of Antonine Shopping Centre out of administration

Published 1 year ago

James Fennessey, Colin Haig and Matthew Richards, partners with accountancy firm Azets, have secured a going-concern sale of the Antonine Shopping Centre in Cumbernauld to a new joint venture company, Beltrace (Antonine) Ltd., for an undisclosed sum.

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Business Stream’s record savings of £2.85m boosts Scotland’s public sector

Published 1 year ago

Edinburgh-based water retailer Business Stream has achieved a record savings of £2.85 million for the country’s public sector this year, elevating the total savings to £6.4m over a three-year period.

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Virgin Money invests £14m in Ripple Energy’s co-operative wind farm

Published 1 year ago

Virgin Money has made a £14 million agreement with Ripple Energy to facilitate the development of an innovative 18.8MW wind farm in Ayrshire.

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FRP Advisory appointed joint administrators to Mara Seaweed

Published 1 year ago

Callum Carmichael and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of seaweed harvesting and seaweed-based seasonings manufacturer, Mara Seaweed Limited.

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EQ Accountants announces wave of promotions

Published 1 year ago

Scottish tax and business consultancy firm EQ Accountants has announced 23 promotions throughout its organisation, with a focus on promoting its home-grown talent.

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