Search: financial focus

Councils have been given £10 million to provide grants to tenants who have fallen behind on their rent as a result of the pandemic and are at risk of eviction. The grants will help tenants who are struggling financially as a direct result of the pandemic, allowing them to reduce or pay off the

Grand Bequest, an Edinburgh-based tech start-up, has created unique property technology that will empower individuals to save and re-use old, vacant buildings across Scotland. Grand Bequest has used data science to develop its platform that links data analytics, stakeholder participation and alterna

Accountancy firm Azets has hired Frazer Nicol to head up a new Corporate Tax Team within the firm’s fast-growing Aberdeen office. Mr Nicol joins Azets as a tax director from the Aberdeen office of Anderson Anderson & Brown LLP.

A former accounts manager at a non-profit affiliated with a medical school has pleaded guilty to embezzling almost $13 million. Florida man Ralph Puglisi, 59, faces a jail term of up to 20 years, The Tampa Bay Times reports. He worked for the University of South Florida's medical service association

Balfour Beatty has agreed the sale of three UK assets from its Infrastructure Investments portfolio including the Aberdeen Western Peripheral Route (AWPR) and the Woodland View Hospital in Irvine.

North Star Shipping, Britain’s largest offshore emergency response and rescue vessel (ERRV) operator, has secured a new £40 million finance package from Bank of Scotland as it pursues growth in its North Sea operations. The term loan and revolving credit facility puts in place long term

A Bank of England (BoE) official has warned that up to half of the £45 billion in loans issued to UK businesses under the bounce back loan scheme could go bad. Sam Woods, chief executive of the Prudential Regulation Authority (PRA), warned that UK taxpayers faced a 'significant loss' from the

The joint venture behind the delivery of a build-to-rent neighbourhood on the site of the former Strathclyde Police headquarters in central Glasgow has secured £80 million of debt funding to finance its construction.

A Scots duo have unveiled an ambitious venture to launch a new rum portfolio from Scotland this spring. The new company, Harpalion Spirits, is financially backed by entrepreneur Richard Dixon (who sold his successful Vets Now chain in 2018) who is the chairman, and is led by chief executive Claire K

A record number of Bitcoin ATMs were set up last month, with 1,120 new machines installed across the world.

Coffeepots, a Costa Coffee franchise in Cumbernauld, is resuming plans to build the town's first drive-through coffee shop after securing a £600,000 financing facility from HSBC. Coffeepots, owned by Pat Dunese and Colin Wilson, expects to create 25 new jobs when the latest outlet opens e

The Scottish National Investment Bank (SNIB), Scotland's state investment bank, is set to launch before December this year. 

Big Four accountancy firm KPMG is expected to garner £16 million in fees for its handling of the administration of property empire Intu the former owner of the Braehead complex near Glasgow.

Gillespie Macandrew has secured over £2m of emergency funding for business clients in the last month. The firm’s banking and finance practice has advised on a number of government-backed emergency loans designed to help SMEs remain afloat during the coronavirus pandemic. The support has

Scottish law firm Gillespie Macandrew has secured over £2 million of emergency funding for business clients in the last month. The firm’s banking and finance practice has advised on a number of government-backed emergency loans designed to help SMEs remain afloat during the coronavirus p