Search: financial focus

SportsPro, an Edinburgh-based provider of pro and amateur sportswear, has secured a £750,000 growth loan from the British Business Bank’s Investment Fund for Scotland, via appointed Fund Manager, The FSE Group. The funding will enhance SportsPro's brand development, marketing efforts, an

Financial mutual Scottish Friendly has agreed a deal to acquire pension and annuity in payment books of business from Fidelity International. The acquisition consists of a block of unit-linked Section 32 pensions business comprising £2.16 billion assets under management (AUM) across 76 origina

Consilium Chartered Accountants has provided full lead advisory services to PJs Foods Limited in its sale to Tiffin Sandwiches. Glasgow-based PJs Foods (PJ) was established in 1996 and provides food-to-go products including sandwiches, pasta bowls, and salad bowls. The firm is a leading supplier to

The employer National Insurance increase, which came into effect yesterday, will have a significant impact on public services and cause economic damage for business, Finance Secretary Shona Robison has said. The estimated cost to organisations delivering public services in Scotland is over £70

Quantify Advisors, a corporate finance firm advising businesses and entrepreneurs across Scotland and the UK, has appointed Callum Laidlaw as its new associate based out of the firm’s headquarters in Aberdeen. Mr Laidlaw is a Chartered Accountant and experienced audit professional, spending th

In a timely boost for Scotland-USA business relations, the Scottish Chambers of Commerce (SCC) will sign a landmark Memorandum of Understanding (MOU) with the Greater New York Chamber of Commerce. The agreement, secured during Scotland’s Trade Mission to New York as part of the Tartan Week cel

Glasgow-headquartered VAT & Indirect Tax Advisors (VITA), has appointed three new team members in the last five months. The tactical recruitment drive comes alongside a year of business growth and a move to new offices, which has also been recognised by the company’s shortlisting in Tolley

Inverness Caledonian Thistle's (ICT) former chairman and investor Alan Savage has tabled an £800,000 bid for a complete takeover of the football club. This move comes after the club entered administration last October due to significant debts, with administrators recently highlighting a "signi

A Los Angeles-based animation and visualisation company has announced plans to invest £28 million in a new Glasgow studio, creating up to 250 jobs over the next three years. Founded in 2003, Halon Entertainment – renowned for its work on blockbuster films like Planet of the Apes and Miss

Both lenders and borrowers should familiarise themselves with the upcoming changes to the law governing assignation and security over moveable property in Scotland which the Moveable Transactions (Scotland) Act 2023 (MTSA) will bring into effect from 1 April, writes Shonagh Brown. Historically, this

Smaller businesses in Scotland are the most likely to say they struggle to access finance among the UK’s devolved nations, according to new research from the British Business Bank in conjunction with Business Gateway. The Scotland SME Access to Finance Report 2025 found that 42% of respondents

In today's Spring Statement, Chancellor Rachel Reeves has unveiled a £14 billion package aimed at repairing the UK's public finances, following a downturn in economic growth and increased borrowing costs. This move comes just five months after her initial Budget in October. Despite the need fo

Wbg is urging business owners to act now ahead of the forthcoming Making Tax Digital (MTD) mandate. MTD is the government's initiative to implement a fully digital tax system in the UK, whereby taxpayers keep digital records and use MTD-compatible software to make tax submissions electronically.

AG Barr has announced a 15.8% increase in adjusted pre-tax profits, reaching £58.5m for the year ending 25 January 2025. However, the company also revealed plans to discontinue its Strathmore water brand, potentially leading to the closure of its Forfar manufacturing site and 23 job losses, su

The Bank of England has maintained the base interest rate at 4.5% as concerns grow over the impact of trade conflicts on economic growth. The Monetary Policy Committee (MPC) faced a difficult decision, balancing a slowing economy against persistent inflationary pressures. The vote was split, with ei