Search: financial focus

Akre, a Fife-based natural capital developer, has secured £3.3 million of finance from sustainable lender Triodos Bank UK. Headquartered in Fife, Akre was established by the Drysdale family in 2020 and has since constructed a state-of-the-art nursery – Akre Trees. The site, which has bee

Scottish business confidence saw a marginal increase in January, rising one point to 37% according to the latest Bank of Scotland Business Barometer. This growth was driven by a significant 15-point surge in firms' confidence regarding their own trading prospects, reaching 53%. When taken alongside

Asset manager Aberdeen has raised £233 million in the first fundraising round for its new abrdn Private Credit SCSp RAIF - Global Fund Finance Fund. The initial funding came from various UK and European pension funds and family offices.

The Federation of Small Businesses (FSB) in Scotland has welcomed publication of the final report of the Scottish Government’s New Deal for Business Group (NDBG). However, the business representative group has warned that the findings must continue to be pushed forward if a true reset of the r

Since 2012, the British Business Bank's Start Up Loans programme has provided over 320 entrepreneurs in Scotland with £3 million in funding to launch their own businesses. The loans have gone to founders who were previously considered economically inactive or unemployed, supporting them to tur

Joining from a Big Four firm, Azets has appointed George Roberts as corporate tax partner to its Glasgow office. Mr Roberts was last head of the local transactions tax team at EY. He has extensive experience of developing tax strategies on a wide variety of transactions both in the UK and inter

Edinburgh-based property investment group Archibald Marckay Group has successfully secured a £530,000 funding deal from alternative finance lender Reward Finance Group. The funds will be used for the acquisition of a grade B listed building in Leith for hotel redevelopment and the completion o

CBRE has forecast a nascent economic recovery in the latter half of 2024, with a more robust rebound expected in 2025, according to its UK Real Estate Market Outlook 2024. This optimistic outlook is bolstered by the Bank of England's anticipated interest rate cuts in the second half of 2024, wh

Two professional services firms have signalled their support for female founders by providing funding for their families to travel to one of the world’s biggest tech conferences. Chartered accountancy and business advisory firm Johnston Carmichael and Thorntons are backing the initiative, orga

A major research and development (R&D) project expected to create up to 500 jobs is under way in the Highlands after securing a £2.8 million investment from Highlands and Islands Enterprise (HIE). If successful, the total £14m R&D spend by Ross-shire Engineering Limited (RSE), wi

Edinburgh-based private bank Hampden & Co saw strong growth in loans and deposits for the year to 31 December 2021, driven by a highly competitive and evolving product suite, net client growth across the UK, and increased referrals from professional intermediaries. Deposits from clients rose by

SolarisKit, a Dundee company that launched a pioneering thermal collector flat pack kit following support from Royal Bank of Scotland’s Climate Entrepreneur Accelerator, has been accepted onto Amazon Launchpad, enabling the product to be offered globally. The firm was established in 2019 by me

Anderson Anderson & Brown Corporate Finance (AABcf) has reported a resurgence in the M&A market throughout the first half of 2021 as it published its Deals+ Half Year Market Review. AAB’s report highlights selected M&A transactions, fundraising transactions as well as AAB transacti

The Royal Bank of Scotland is launching a new 0% purchase and balance transfer card. The new card will offer all accepted customers 0% on both purchases and balance transfers for 20 months from account opening.

The Scottish Building Society (SBS) has today announced a record £74 million increase in mortgage lending and a record £58m growth in savings balances. In a year the Society described as “extreme conditions”, profit before tax increased by 34% to £840,000.