Search: financial focus

Scottish exporters have secured almost £32 million of overseas sales according to UK Export Finance’s (UKEF) annual report and accounts.

The UK Government has set up a discretionary fund to help financially support certain small businesses who previously fell outside the scope of the business grant funds scheme.

Financial Reporting Council (FRC) has announced the appointment of 19 members to its Advisory Panel with effect from May 1. The Advisory Panel is a group of appointed non-executive subject matter specialists, who are called on to provide expert advice and input across the breadth of the FRC’s

Royal Bank of Scotland (RBS) has financially supported Perth-based company J&S McKenzie's purchase of Moness Resort and Aberfeldy Caravan Park. RBS has provided the family-run business with a seven-figure funding package to help them to make the purchase.

Westminster's Scottish Affairs Committee will next week hold the first evidence session of its inquiry into the financing of the Scottish Government. Members of the committee are examining the current funding model for the Scottish Government and the wider framework for fiscal devolution.

Burges Salmon has guided Pandox on its financing and acquisition of the DoubleTree by Hilton Edinburgh City Centre, in a deal worth £49 million. The deal grows the international hotel property owner's portfolio in Scotland and adds to its Edinburgh offering where it already owns the Aparthotel

The UK Supreme Court has ruled that a Scottish company director had acquired a securities option from his company as part of measures to financially rescue it and became subject to income tax after an appeal against an Inner House decision to the opposite effect was made by HM Revenue and Customs. V

St Andrews-based biotech firm Pneumagen has secured £8 million in financing from existing and new investors to support the continued Phase 2 development of Neumifil, a broad-spectrum antiviral, intranasal drug for the prophylaxis and treatment of viral respiratory tract infections (RTIs). Pneu

The operating company of Airth Castle Hotel has decided to go into voluntary liquidation. A spokesperson for the firm revealed that the operating company suffered financially due to the impacts of the pandemic "as the hotel was forced to close for an extended period". This was followed by rising ene

Digital health company PneumoWave has announced the closing of a £7.5 million Series A financing. The funding for the Eurocentral-headquartered company will be used to continue clinical trials of its biosensor technology that monitors potential fatal respiratory changes.

Galashiels-based timber harvesting contractor Dick Brothers Forestry has secured £300,000 in asset financing from HSBC UK to purchase the UK’s first, and the world’s fastest, timber forwarder.

Edinburgh-based waste management business NWH Group has invested in a £2 million recycling super plant that will save 20,000 tonnes of industrial waste from going into landfill each year with asset financing from HSBC UK.

Italy's Supreme Court has made a landmark decision regarding parent's obligations to financially support their children, following a five year legal battle between a 35-year-old man and his parents. The claimant is a part-time music teacher from Florence who was living with his parents while he was

Manolete Partners, the UK-wide insolvency litigation financing company, has announced the appointment of Rachel Grant to lead its Scottish practice. Ms Grant's appointment is the latest development in Manolete’s rapid regional expansion strategy and further enhances its status as the UK&r

Legislation to support the establishment and capitalisation of the Scottish National Investment Bank has been published by the Scottish Parliament. The Bill grants the necessary powers to set up the Bank which will provide financing for businesses through their whole life cycle and for important inf