Against the backdrop of a heated debate on the extent to which National Insurance (NI) funds state pensions, Edinburgh-based Aegon UK has highlighted two official UK government reports into the ‘National Insurance fund’. Steven Cameron, pensions director at Aegon, said: “While gove
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Dumfries and Galloway Housing Partnership (DGHP) is to refinance its existing bank debt after securing a £114 million financing deal with M&G Investments. DGHP, which became part of Wheatley Group in December 2019, has ambitions to develop up to 1,000 homes over the next five years.
The South of Scotland Economic Partnership (SOSEP) has provided over £1 million of funding to various projects aimed at developing rural skills, community enterprises and female-led businesses. SOSEP has awarded a total amount of £1,045,184 to five projects, including an initiative to im
Community land ownership in Scotland relies on a wide range of financing models, according to a new report published by the Scottish Land Commission. The report, entitled The Range, Nature And Applicability Of Funding Models To Support Community Land Ownership, identifies 13 different approaches tha
With Scotland’s peak summer golfing season in full swing – and a global spotlight cast by flagship events like the Genesis Scottish Open in July – one of the Highlands’ most iconic courses is enjoying a record-breaking moment of its own.
Barclays has backed Apex Hotels' expansion strategy with a £60 million refinancing package, earmarked to help the hotel group broaden its portfolio through the acquisition of more properties, particularly in rural locations. As a part of this growth scheme, Apex Hotels recently made its first
The results of a new survey published by Scotland's chief statistician has revealed that more than half (56 per cent) of Scottish households believe they are “managing well” financially.
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
