Search: financial focus

Two Scottish rocket building companies Skyora and Orbex have received multi-million-pound awards from the European Space Agency (ESA). Forres-based Orbex has received €7.45 million of co-funding from ESA while Edinburgh-based Skyora has secured €3m.

NatWest Group has joined forces with Microsoft to help UK businesses better understand their carbon footprint and create tailored action plans to reduce their carbon emissions leveraging digital technologies. Due to be piloted later this year, and building on Microsoft’s innovative cloud, data

Online retailers who’ve enjoyed a “boomtime” through the COVID-19 pandemic should be forced to pay more taxes to help out those who have suffered, according to Glasgow-based MCC Accountants. The firm said companies like Amazon had enjoyed too lenient a tax regime even before the co

Standard Life Aberdeen (SLA) has announced it is selling its Standard Life brand to Phoenix Group this year as part of a complex deal. The deal will see Standard Life Aberdeen pay Phoenix Group £115 million.

Banking customers at the Royal Bank of Scotland are the least satisfied in the UK, a survey conducted by the Competition and Markets Authority (CMA) has found. Just 47% of customers who responded to the poll said that they would recommend the personal current account provider to family and friends.

Scotland’s scale-up – or fast-growth - businesses finished 2020 on a buoyant, optimistic note, with almost £100 million in Venture Capital (VC) investment, according to the latest figures from KPMG. Despite COVID related restrictions hitting the economy hard, the latest KPMG Ventur

Wealth management group James Hambro & Partners (JH&P) has hired 7IM’s former head of wealth management, Alex Montgomery, to head up a new office in Edinburgh. Mr Montgomery was joint CEO at respected Scottish wealth manager Tcam Asset Management, which managed over £1 billion of

The Scottish Government has announced that it will invest a record £1.9 billion in tackling climate change and creating good, green jobs in 2021/22. Delivery of a ground-breaking £1.6bn investment to transform heat and energy efficiency of buildings will get under way, directly supp

The Royal Bank of Scotland has today announced an additional £100 million in funding to help support Scottish female entrepreneurs recover from the coronavirus. The funds, which build on the bank’s backing of female-led business across the UK, will see £100m made available over the

UK banks are pushing the Treasury to increase the contactless payment limit from £45 to £100. If approved, the move would be one of the UK's first firm examples of parting company with the EU on banking standards.

Edinburgh-based innovation advisors ABGI UK have announced a significant business expansion across its UK operations with a raft of new appointments and investment into two new office premises. The firm is creating 20 new jobs, including nine in Newcastle where they’ve opened a new regional of

Jim Lockhart, accounting partner at accountancy firm Armstrong Watson Glasgow, is urging Scottish businesses to go back to basics in face of declining confidence and falling demand. Last week saw the publication of both the ICAEW Business Confidence Monitor (BCM): Scotland for Q4 2020, and the

MHA Henderson Loggie has announced the appointment of three new partners with Shona Campbell, David Archibald and David Taylor, previously directors with the firm, taking up their new partnership roles from today. Since joining MHA Henderson Loggie two years ago from KPMG, Shona Campbell&n

Scotland’s largest independent industrial supply group, Highland Industrial Supplies, is set for future success despite COVID-19 disruption, thanks to a seven-figure funding package from Bank of Scotland. Highland Industrial Supplies, provider of tools, equipment, materials and PPE for th

Murray International Trust Plc, a fund managed by Aberdeen Standard Investments, has maintained its dividend, despite a 10.7% decline in net asset value (NAV) total return. Announcing its interim results, the company revealed that two interim dividends of 12.0p (2019: 12.0p) have been declared