The creation of a new ethical finance hub for Scotland will be announced tonight at Heriot-Watt University’s Edinburgh campus. The Scottish Ethical Finance Hub (SEFH), which has received backing from the Scottish Government as well as leaders in the financial sector, will be based at Heriot-Watt U
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The Scottish Loan Fund (SLF), managed by Glasgow-based Maven Capital Partners , has completed a £5 million investment in the energy service specialists Meta Downhole and READ Cased Hole, to support the international growth ambitions of both businesses. Aberdeen-based READ and Meta are trading compa
Harvey Wheaton CodeClan, Scotland’s first digital software skills academy, today announced the appointment of Harvey Wheaton, as its first chief executive officer.
Sharon Hamilton With its dual talents for finance and technology, Scotland is increasingly becoming the location of choice for businesses says Sharon Hamilton, international sector head of financial services at Scottish Enterprise.
According to PwC, annual reports from the Oil and Gas and Mining and Energy industries are now among the bulkiest produced in the UK, weighing in at 200 pages and 172 pages respectively.
Richard Toone Former partners of accountancy firm Chantrey Vellacott DFK LLP have completed a management buy-out of its business recovery division with support from Glasgow-based Clydesdale Bank.
Royal Bank of Scotland has announced that it is selling up to 75 million shares in its former US subsidiary Citizens Financial Group, the parent company of Citizens Bank. If all the shares are sold, it would represent 16 per cent of Citizens and reduce the Edinburgh-based lender’s stake to 132.7 m
Scottish lawyers Brodies LLP have reported an 11.2 per cent increase in turnover to £57.94 million for the 12 months to 30 April 2015. During the past financial year, the firm continued to develop client services across its offices in Edinburgh, Glasgow and Aberdeen, increasing costs by 8.8 per cen
The UK taxpayer’s stake in bailed-out Lloyds Banking Group, which was at one point more than 43 per cent state-owned, has now dropped below 15 per cent. The latest milestone was reached after the government sold another 657 million shares in the Edinburgh-based lender.
More than £13.2 million in council tax payments went unpaid to Glasgow City Council in the 2014/15 financial year, according to new figures. However, the data emerged in the same year that the local authority’s collection rate for the tax reached an all-time high.
The UK Government has sold off another tranche of shares in bailed-out Lloyds Banking Group, taking the taxpayers’ stake in the Edinburgh-based lender below 16 per cent. The latest sale was of a one per cent stake for around £500 million, The Treasury said.
SSE worth £1.47bn to Scottish economy, says PwC report Perth-based energy giant SSE contributes around £1.47 billion to the Scottish economy anually, according to new research carried out by global accountancy firm PwC.
Anne Richards Industry leaders have backed a new Scotland-wide search for the future talent who will drive growth in the nation’s key sectors, launched by University of Edinburgh Business School today.
George Osborne The Chancellor of the Exchequer George Osborne has confirmed that the UK Government is to begin selling-off its 80 per cent stake in bailed-out Royal Bank of Scotland, regardless of any losses incurred by British taxpayers.
Richard Cockburn Commercial lawyers Bond Dickinson have announced seven per cent growth for the business, buoyed by continuing activity for its Aberdeen office.
