Search: financial focus

Scottish start-up business Trademylux Limited has secured a £300,000 investment from TRICAPITAL Angels Limited and Scottish Enterprise as it launches the first in a series of luxury goods resale platforms. Trading as sellmyartworks.com, the first venture will focus on the art resales market an

A former Aberdeen hotel is to be developed into student accommodation following the completion of a £9.7 million development loan facility. The site was formerly a Hilton Hotel that ceased trading in early 2020. As such, only minimal work is necessary to achieve the conversion to stu

Scottish dental group Clyde Munro has acquired its 75th practice – with deals agreed in principle for a number more to join its network in the coming months. Clyde Munro has been buying dental practices in Scotland at a rate of three per month, as it continues to deliver on its ambitious growt

Female-powered businesses are attracting an increasingly large amount of equity investment – a record £5.05 billion in 2021 – but female founders are more vulnerable to the dilutive effect of equity funding than their male counterparts, according to J.P. Morgan Private Bank. The ba

CarMoney, the rapidly expanding Scotland-based motor finance business, has moved into 9,000 square feet of new office space to accommodate the substantial growth in staff number it is anticipating this year. The offices at Precision House, McNeil Drive in North Lanarkshire’s Eurocentral comple

Almost one in five (17%) retailers in Scotland have cancelled contracts with suppliers across the last 12 months who don’t meet stringent ethical and sustainable standards, new research from Barclays reveals.

International law firm CMS has appointed Michael Urquhart in the role of Of Counsel to its banking and finance team in Edinburgh. With over 14 years of transactional experience, Mr Urquhart specialises in advising a wide range of funders and borrowers in relation to infrastructure and energy project

Amphista Therapeutics, a University of Dundee spin-out company, has announced a £38 million investment round that will further its work to develop new drugs for a range of diseases. Amphista is a biopharmaceutical company creating first-in-class therapeutics that harness the body’s natur

CarMoney, the rapidly expanding Motherwell-based motor finance business, saw a sharp increase in profitability in the year to 31 December 2019 which was driven by a 21% uplift in turnover. During the year to 31 December 2019, the company, which employs 74 people, saw turnover rise to £4.1 mill

Worries are increasing at the UK's digital banks as the Bank of England sets a deadline for profitability.

Scottish thermal storage company Sunamp has raised £4.5 million in a Series A financing round led by Chilean venture capital firm Aurus Capital. Aurus Capital is one of the largest in Latin America with a specialisation in Industrial-Tech & Impact investments. The Scottish Investment Bank

Jamie Grant Barclays has announced that it is introducing a new cashback scheme for flexible asset finance, to encourage businesses to invest in vehicles, equipment, plant and machinery.

Richard Davies Challenger bank TSB says it has bolstered its commitment to “break the shackles that the big banks have on the small business banking market” by creating Business Marketplace which it claims will allow small businesses to easily compare financing options from a number of lenders i

John Hewitt Peer-to-peer lender Assetz Capital has announced the promotion of John Hewitt to head of its operations in Scotland, North East of England, Northern Ireland and Isle of Man.