Search: financial focus

Two Scottish companies have joined the British Business Bank's Future Fund, revealed by the published list of 53 additional companies in which the bank holds an equity stake, taking the total to 515 as at end of December 2022. Companies in which Future Fund is now a shareholder include Edinburgh-bas

In December 2022, the number of Scottish businesses experiencing insolvency-related activity jumped over 32%, compared to the same period in 2021, according to new research from R3, the insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows there were 142 c

Cala Group has pointed to the Conservatives’ controversial mini-budget last autumn for disrupting an overall “excellent” year in 2022 for the housebuilder.

The chief ex­ec­u­tive of the Scotch Whisky As­so­ci­a­tion, Mark Kent, discusses the current state and future aspirations of the Scotch whisky industry, the challenges it has faced and its potential to create profit and support other related sectors. Across more tha

Property expert Phil Harris, a director at Shepherd and Wedderburn's private wealth & tax team, discusses the state of the Scottish housing market in 2022 and what to expect in 2023, as vol­umes appear to return to pre-pan­demic lev­els. The 2022 Scottish housing market and

Construction has begun on a 49MW/98MWh standalone energy storage system near Abernethy, Scotland, after Santander UK provided £12.5 million in funding for the project. The Jamesfield development is a joint venture between global clean energy enterprise, TagEnergy, and Harmony Energy, following

Edinburgh and Glasgow are set to see their local economies be amongst the fastest growing as the UK emerges from recession in the second half of 2023, according to a new study by law firm Irwin Mitchell.

In November, UK credit card borrowing reached its highest level since 2004 as pressure mounts on households from rising living costs.

Shetland Islands Council has announced it has appointed Paul Fraser as head of finance. Mr Fraser will join the Council from 9th January, taking up the post most recently held by Jamie Manson, who took on the role of finance director at Highlands and Islands Airports Ltd late last year.

Scotland’s GDP is estimated to have fallen by 0.1% in Q3 compared to the previous quarter, and increased 0.4% month-on-month in October, according to statistics announced by the chief statistician.

Fleet vehicle graphics firm, OPG, has successfully completed a multi-million management buy-out (MBO) deal thanks to a six-figure funding package from UKSE, alongside input from private investors. Allan Hamilton has been appointed as managing director, taking the reins from Owen Pilling who formed t

The luxury Gleneagles Hotel in Auchterarder has rebounded after two years of multi-million-pound losses posting a £50 million rise in sales.

The Artisanal Spirits Company, curators of single-cask and limited-edition whisky, and owner of The Scotch Malt Whisky Society (SMWS), has extended its agreement with RBS to increase its existing revolving credit facility to £21.5 million (previously £18.5m).

Business advisory and accountancy firm Johnston Carmichael has announced eight new partner promotions alongside eight director level promotions as part of the continued development of its leadership team and succession planning.

A new report has said the outlook for Scotland’s budget in 2023-24 has become more challenging due to factors wholly outwith the control of the Scottish Government, but there are decisions that Deputy First Minister John Swinney can make to ease the path ahead for Scotland. In its pre-budget r