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Independent business lender White Oak has announced record monthly lending figures in March, with £70 million lending provided to 724 SMEs across the UK, including £58m provided from its own book. March 31 was White Oak’s highest day of lending ever with £9m lent from its own

Asia Dragon Trust Plc, a fund managed by Aberdeen Standard Investments (ASI), has posted strong six month results for the period ended 28 February 2021.  Over the six month period, the Trust delivered a strong net asset value (NAV) total return of 23.9% in sterling terms, outpacing the 18.

The number of new tech companies being set up in Scotland rose by 12% in 2020 according to new analysis by audit, tax and consulting firm RSM. In total, there has been 545 tech businesses incorporated in 2020 according to data held by Companies House, a 12% increase compared with 485 in 2019. Scotla

Helen Brand, chief executive of the Association of Chartered Certified Accountants (ACCA), discusses how the association is marking Earth Day this year. This year, Earth Day is themed ‘restore the earth’ and here at ACCA we’re marking this occasion by focusing on the vital role the

A new accelerator programme developed by Edinburgh-based Label Ventures was launched in the UK yesterday to help organisations around the world succeed in the new economy after lockdown in ways that are both good for people and good for the planet. The Build Back Better Accelerator will support

Link Group has negotiated a new £60 million ten-year term loan facility with Royal Bank of Scotland just before the financial year end. This new medium-term borrowing will help support the delivery of Link’s sizable development programme and takes it overall funding with Royal Bank to &p

Consumer price inflation rose to 0.7% in March from a three-month low of 0.4% in February, according to the latest figures released by the Office for National Statistics (ONS).

Big Four audit firm KPMG has announced that it is closing one of its Manchester offices signalling a permanent shift to home working in the wake of the coronavirus pandemic. KPMG said that it did not intend to renew the lease at its technology centre as it shifted to a “hybrid working” m

Ayrshire-based financial advice firm Affinity has been acquired by Leeds-based firm Progeny for an undisclosed sum. Progeny, which already has an operation in Edinburgh, said the acquisition of the Affinity financial planning practice would extend its multi-disciplinary professional services offerin

While the UK Government’s insolvency prevention measures appear to be delaying companies from entering insolvency, the latest Red Flag Alert data published today by Begbies Traynor has found that in Scotland there has been a 45% year on year rise in the early signs of financial distr

Neil Bradbrook, managing director of Falkirk-based Ahead Business Consulting, examines what lessons can be learned for businesses from the Europe Super League debacle. The fans have prevailed and the short-lived European Super League is no more. The lure of a share in the big bucks the league promis

Almost half of Scots believe increased flexibility will become transformative to the way they work over the next three to five years, according to PwC’s Upskilling Hopes and Fears 2021 survey.

Anderson Anderson & Brown (AAB), the tech-enabled business critical services group, is enhancing its leadership team with four key senior promotions across its London, Edinburgh and Aberdeen offices. David Purse has been promoted to partner and Amanda Ollason, Stuart Rose and Graeme Penman to di

Small businesses expect a long, slow road to recovery to pre-pandemic levels of trading, according to a survey from ACCA UK (the Association of Chartered Certified Accountants) and The Corporate Finance Network (CFN). The gloomy prediction emerges from the SME Tracker, which surveys accountants abou

Plans to limit the number of tourists visiting the famous Romeo and Juliet balcony in Verona have been blocked by a court.