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Finance

Roddy Smith: End of tax-free shopping a spectacular own goal for UK

Published 2 years ago

Roddy Smith discusses the negative impact of the UK government’s decision to end tax-free shopping on the tourism industry, particularly in Edinburgh, and the ongoing efforts to reverse this decision in order to boost the economy and attract more visitors.

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Condies targets 20% fee growth with new Dundee office launch

Published 2 years ago

Scottish accountancy firm Condies has opened a new office in Dundee’s City Quay to accommodate increased demand and expand its regional services.

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Maven Capital Partners and Scottish Enterprise invest over £2.5m in sustainable transport firm Liftango

Published 2 years ago

Glasgow-headquartered Maven Capital Partners has invested an additional £1.25 million in global carpool and on-demand transport tech provider Liftango, which counts Amazon, Ikea, and Tesla among its clients.

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Edinburgh-based Dot Surveying transitions to employee-owned model

Published 2 years ago

Edinburgh-headquartered Dot Surveying has transitioned to an employee-owned business structure, with the company’s founder, Tom Gallivan, selling a majority stake to an employee ownership trust (EOT).

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KPMG: Scottish VC investment dampens in first quarter

Published 2 years ago

Venture capital (VC) investment in Scottish businesses has dropped significantly in terms of value and volume in Q1 2023, with only 14 deals having raised around £70 million, the lowest for an opening quarter since 2020, according to KPMG UK’s Venture Pulse Report.

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Scottish business sentiment reaches highest level since 2021

Published 2 years ago

Scottish business sentiment has reached its highest level since 2021, according to the latest Addleshaw Goddard Scottish Business Monitor report.

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Gilson Gray Financial Management acquires Wilson Financial

Published 2 years ago

Gilson Gray Financial Management (GGFM) has acquired boutique wealth management firm Wilson Financial, marking its fourth deal in the past year.

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RBS: Hiring activity continues to decline across Scotland in April

Published 2 years ago

According to the latest data from the Royal Bank of Scotland Report on Jobs, hiring conditions across Scotland deteriorated at the start of the second quarter.

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Edinburgh-based Forecast Data Services joins Kin + Carta in AI expansion

Published 2 years ago

Kin + Carta, a global digital transformation consultancy, has acquired Edinburgh-based data service provider Forecast Data Services, boosting its enterprise data and AI capabilities.

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Former Virgin Money exec Helen Page to chair Label Sessions board

Published 2 years ago

Helen Page, former chief brand officer of Clydesdale Bank owner Virgin Money UK, is set to join Edinburgh and Toronto-based Label Sessions as chair of the board.

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Wylie & Bisset announces trio of senior appointments

Published 2 years ago

Wylie & Bisset, accountants and business advisers, has announced a trio of promotions that sees tax director Shehzad Ashaq promoted to associate partner together with the promotions of Matthew McDermott to senior manager and Laura Caulfield to manager within the burgeoning Business Advisory Services team.

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Highlands and Islands Enterprise launches £2m green grants fund

Published 2 years ago

Highlands and Islands Enterprise (HIE) has launched a £2m Green Grants Fund to support tourism, creative, and food and drink processing businesses, as well as social enterprises, in reducing their environmental impact.

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Johnston Carmichael appoints tech risk expert Stephen Harrison

Published 2 years ago

Johnston Carmichael has expanded its leadership team with the addition of technology risk and assurance expert Stephen Harrison, as part of the firm’s growth strategy.

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Brewers buys The Paint Shed strengthening independent paint retail market

Published 2 years ago

Independent decorator’s merchant Brewers has acquired Stirling-based The Paint Shed, which has 20 stores across Scotland, for an undisclosed sum.

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SNP appoints AMS Accountants as new auditor

Published 2 years ago

SNP leader Humza Yousaf announced today that the party has engaged AMS Accountants Group as auditor after it was revealed last month that the previous firm, Johnston Carmichael, resigned last September.

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