Search: financial focus

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

A man who presented himself before a court to prove that he is still alive in order to remain financially relevant has been refused the annulment of his death certificate.

Royal Bank of Scotland has sold offshore assets from its asset financing group Lombard to specialist lenders Investec and Shawbrook Bank for £150 million.

Just nine per cent of people in the construction and property sector are financially on track for the retirement they aspire to have, according to new research from Aegon UK. The Edinburgh-based insurance firm said the figure was unchanged from April 2015 but is now lagging behind the UK average of

In Canada, an ‘unappreciated’ mother has invoiced her son for roughly £20,000, after financially supporting him for 13 months and receiving no recognition for it. The bill included a charge of around £520 for being “an a******”.

Royal Bank of Scotland has backed commercial vehicle contract hire and financing business Asset Alliance Group, which employs 80 staff in Lanarkshire and Wolverhampton, with a £75 million cash injection. The asset-based lending facility is secured against the company’s vehicle portfolio and will

Soaring rents are making the prospect of having children financially prohibitive for young families in two-thirds of the UK, according to new figures. The Guardian, in conjunction with Generation Rent, has found that Birmingham, Edinburgh, Bristol and all of south-east England rank among areas where

Perth-based Braveheart Investment Group has today announced that it is to terminate its partnership alternative financing platform Crowdcube. A statement from Braveheart said that once two committed investments between the pair are finished, “it will henceforth not be working with Crowdcube either