ScottishNews.com

Finance

Scottish creative powerhouse Dynam becomes employee-owned

Published 1 year ago

Scottish creative agency Dynam has transitioned to an Employee Ownership Trust (EOT), paving the way for its 16 employees to play a key role in the company’s future decisions.

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Eos Advisory lands £10m investment for Scotland’s science and tech startups

Published 1 year ago

St Andrews-based impact investment firm Eos Advisory has secured a commitment of up to £10 million from British Business Investments, a commercial subsidiary of the British Business Bank.

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Scotland solidifies position as top destination for foreign direct investment outside London

Published 1 year ago

Scotland has asserted itself as the top UK location outside London for foreign direct investment (FDI), according to the latest Scotland Attractiveness Survey by EY.

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Dundee gigafactory at risk as AMTE Power faces financial uncertainty

Published 2 years ago

AMTE Power, Scottish developer and manufacturer of lithium-ion and sodium-ion battery cells, has said it is urgently seeking to raise new funds as it contends with a dwindling cash position.

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Merkur moves into casino market with acquisition of Aberdeen’s Rainbow Casino

Published 2 years ago

MERKUR Casino UK, operator of high street bingo and adult gaming centres, has made its foray into the UK casino market, opening its first ever casino in Aberdeen, Scotland.

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Farmfoods reports £22.2m pre-tax profit

Published 2 years ago

Farmfoods, headquartered in Cumbernauld, has posted a pre-tax profit of £22.2 million in 2022, an increase from the previous year’s £20.5m.

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Acumen financial planning expands Glasgow presence with new office

Published 2 years ago

Scottish financial planning firm Acumen Financial Planning, based in Aberdeenshire, has expanded its footprint in Western Scotland with a new office in Glasgow’s West End.

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Scottish accountant calls for carbon tax action from HMRC amid rising demand for carbon offsetting land

Published 2 years ago

Victoria Ivinson, head of agriculture at Douglas Home & Co, has called for clearer carbon taxation legislation, citing HMRC’s lack of guidance as a potential obstacle to Scotland’s net-zero goals.

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Record year for equity investment in Scotland’s smaller businesses, despite market challenges

Published 2 years ago

Smaller firms in Scotland saw record levels of equity investment in 2022, despite difficult economic conditions, according to new research from the British Business Bank.

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Inverness fruit and vegetable wholesaler branches out thanks to £150,000 HSBC UK funding

Published 2 years ago

An Inverness fruit and vegetable wholesaler has diversified its business to transform natural waste into an environmentally friendly soil enhancer, thanks to a £150,000 funding package from HSBC UK.

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Auditor general calls for urgent financial overhaul at Scottish Canals

Published 2 years ago

Scottish Canals, the public body overseeing Scotland’s historic waterways and attractions, has come under fire from auditors for failing to accurately value its extensive asset portfolio.

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GEG Capital bolsters engineering capabilities with IKM Consulting acquisition

Published 2 years ago

Inverness-headquartered investment firm, GEG Capital Ltd, has secured a majority shareholding in multidisciplinary consultancy, IKM Consulting Ltd.

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Edinburgh hosts global business leaders at PrimeGlobal’s Forum, focusing on AI and ESG

Published 2 years ago

International business leaders conference, the PrimeGlobal Business Leader Forum, exploring the impact of artificial intelligence and environmental, social, and governance (ESG) factors on the future of businesses worldwide, recently took place in Edinburgh.

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Emtec group promotes Calum Brown to head of finance

Published 2 years ago

Building services contractor Emtec Group has promoted Calum Brown to head of finance.

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CT launches ‘Evolve’ division to support SMEs

Published 2 years ago

Accountants and advisers firm CT, formerly Chiene + Tait, has established a new consulting division named ‘CT: Evolve’.

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