Search: financial focus

Current account switching levels dropped by around 30% annually in 2020, according to new figures released by the Current Account Switching Service (Cass).

The North East Scotland Pension Fund (NESPF) has reported increased asset value and funding position a year on from the coronavirus outbreak. The COVID-19 outbreak brought a difficult period of market volatility and the North East Scotland Pension Fund, like many other investors, saw asset values dr

Savers who put their money into cash ISAs have suffered the worst year on record, with returns over the last 12 months averaging just 0.63pc, according to the latest figures released by Moneyfacts.

A family-run butcher in Dingwall will mark its centenary year next year with ambitious plans for growth thanks to £1 million funding from Royal Bank of Scotland. John M Munro Ltd was formed almost a century ago and its 75-strong workforce distributes its fresh, quality meat across all of Scotl

New staycation holiday specialist Caledonian Leisure Ltd has secured a multi-million-pound investment from Mobeus Equity Partners, the investors behind the recent IPO of Virgin Wines and the proposed IPO of Parsley Box.

Edinburgh is set to become one of the UK's leading tech hubs as Scotland enters its post-pandemic recovery, according to angel investor Andrew Dixon.

Iain Fraser and Tom MacLennan, partners with FRP Advisory, have been appointed joint administrators to Wooha Brewing Company Limited, the fast-growing artisan brewing business based in Kinloss, Morayshire. Founded in 2015 by Heather McDonald, Wooha Brewing had built a substantial export business for

Scottish businesses have benefited from more than £1.94 billion in grants paid directly to businesses since March 2020. This is in addition to £965 million in coronavirus non-domestic rates reliefs.

Armed forces charities across Scotland will benefit from a new £1 million support fund. The Scottish Government fund will help the sector offset a shortfall in income due to the impact of the coronavirus pandemic.

More than 2,800 businesses that operate within the Scottish wedding industry have been supported by £25.9 million worth of funding to help survive the ongoing coronavirus pandemic.

As the UK approaches the anniversary of the first national lockdown, a new report from small business insurer Simply Business has revealed that the cost of COVID-19 to UK SMEs is set to exceed £126.6 billion – nearly double the £69bn initially projected a year ago.

NatWest Group has bought back £1.1 billion of shares, bringing the UK Government's stake in the banking group down from 61.1% to 59.8%. The Royal Bank of Scotland owner has agreed with HM Treasury to make an off-market purchase for the total consideration of £1,125,341,269.13 for 590,730

A total of 649 businesses fell into insolvency in Scotland since March last year, according to new figures released by insolvency service Business Rescue Expert. The firm has analysed data from the past 12 months to reveal the Year of Lockdown report, which reveals the state of businesses, the

Opus Business Advisory Group has moved into the Scottish market with the opening of its first Scottish office in Glasgow, led by experienced local insolvency and restructuring expert Mark Harper. With this expansion, Opus will have eleven locations including Glasgow, stretching from Bristol in

Ben Ritchie, head of European equities at Aberdeen Standard Investments, discusses the growing investment opportunities available in Europe and provides an outlook for 2021. For many years the narrative on Europe as an investment region has been a tale of caution. The perception of the continent bei