ScottishNews.com

Finance

Scottish retail footfall slips after half-term break

Published 7 months ago

Following a 1.0% increase in January, Scottish retail footfall experienced a 0.3% decline in February compared to the same period in 2024, according to data from the Scottish Retail Consortium (SRC) and Sensormatic Solutions.

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Regulator warns of financial strain on Scottish RSLs

Published 7 months ago

Scotland’s Registered Social Landlords encountered significant financial pressures throughout 2023/24, according to a new report from the Scottish Housing Regulator.

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RSM: Scotland’s mid and luxury hotel markets benefit as consumers trade up

Published 7 months ago

Scotland’s mid market and luxury hotels have continued to experience robust growth, as the cost-of-living dissipates and consumers upgrade their choice of hotel, with the budget market being hit the hardest, according to the RSM Hotels Tracker: Focus on Asset Classes.

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Aberdeenshire couple banned over £100k debt to customers

Published 7 months ago

A husband-and-wife whose furniture company went into liquidation owing customers almost £100,000 have both been banned as company directors.

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City firms lobby for ISA reform

Published 7 months ago

City of London financial firms are lobbying the UK government to overhaul cash ISAs.

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Equity Gap provides £700k to Edinburgh biotech firm Lentitek

Published 7 months ago

Edinburgh-based Lentitek Ltd has secured £1 million in funding over the past six months, including £700,000 from Scottish angel investment syndicate Equity Gap.

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Modular housing firm Enevate Homes expands with £2.9m investment

Published 7 months ago

Enevate Homes, a modular housing manufacturer with a factory in Wishaw, has announced a £2.9 million investment in its staff, plant, and equipment to facilitate significant expansion.

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Mint Ventures: More women investors are needed to rebalance the investment gap

Published 7 months ago

Mint Ventures, the Scotland-based women-led angel investment group, is urging women across the nation to become angel investors – akin to Dragon’s Den early stage investing – to re-balance the gender investment gap and provide greater funding for women and diverse founders

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Scottish small business equity investment sees significant rise

Published 7 months ago

Equity investment levels in Scotland’s smaller businesses grew in 2024, bouncing back from a challenging 2023, according to new research from the British Business Bank.

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Partners Wealth Management acquires Johnston Carmichael Wealth

Published 7 months ago

Partners Wealth Management LLP (PWM) has acquired Johnston Carmichael Wealth, significantly expanding its presence in the UK wealth management sector.

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Maven Capital Partners seals £14.4m loan to refinance Glasgow BTR development

Published 7 months ago

A recently completed build-to-rent scheme located in the heart of Glasgow has been refinanced following a £14.4 million loan from Secure Trust Bank (STB) Real Estate Finance.

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ICAS qualification opens doors for military in new Ministry of Defence partnership

Published 7 months ago

Military personnel from the Ministry of Defence (MOD) now have the opportunity to enhance their skills and career prospects through the Institute of Chartered Accountants of Scotland (ICAS)’s new qualification, which promises to open doors to an extensive range of business roles following their time in service.

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Edinburgh IFA Andrew Hannay retires after merging RobMac business to Thorntons Wealth

Published 7 months ago

Andrew Hannay, a highly respected independent financial advisor in Edinburgh, has retired after more than three decades of service.

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Scottish Government explores Cruise Ship Levy powers for councils

Published 7 months ago

The Scottish Government is exploring plans to grant local councils the power to impose a levy on cruise ship passengers.

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Ex-BoE Governor calls for income tax hike to fund higher defence spending

Published 7 months ago

Former Bank of England Governor, Lord Mervyn King, has stated that an increase in income tax is likely necessary to fund heightened defence spending and facilitate public service reform.

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