Search: financial focus

The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), has seen its gross profit increase by 21% to £6.2 million in the first half of 2022.

Wylie & Bisset, accountants and business advisors, has been appointed as liquidator of Worksmart Contracts. Based in Kilmarnock with a 24-strong workforce, Worksmart is a commercial interior fit-out and refurbishment contractor for clients operating across a wide range of industrial sectors, inc

Dumfries-based Smart Green Shipping, a systems design and engineering company, aims to lead global shipping’s green transition through a unique industry collaboration with Malin, Drax and the shipping sector with targets to reduce greenhouse gas and fuel costs by at least 20% via high tech sa

A new partnership has been formed between Edinburgh-based bank Hampden & Co and Hiscox Private Client, seeing both organisations collaborating to offer specialised insurance solutions to clients. The relationship will also allow Hampden & Co to introduce clients to Hiscox Private Client who

The Scottish National Investment Bank (SNIB) has committed £9 million to fund the development of Circularity Scotland Limited, to help people recycle billions of single-use drinks containers every year. The Bank’s investment was key to securing an additional £9m capital from Bank o

The Alternative Board (TAB), an Aberdeen advisory firm that helps North-east businesses to grow has backed a charity initiative to support start-ups in Kenya. TAB has decided to back the Gathimba Edwards Foundation's (GEF) Two Feet Initiative which enables families to plan, start and run their own b

Caledonia Housing Association has secured a uniquely structured £75 million Private Placement, with support from NatWest, to further its commitment to both building sustainable housing and becoming a carbon-neutral organisation. Caledonia intends to use the proceeds from the transaction to con

Business rates for retailers as well as hospitality and leisure premises in Scotland are being reinstated from tomorrow, at a rate which has been labelled by the Scottish Retail Consortium (SRC) as an "onerous" 23-year high.

NatWest Group has appointed Raghu Narula as managing director, customer engagement & distribution, within its retail banking division. Mr Narula brings a wealth of leadership experience from a career spanning over 20 years at HSBC in Retail, Wealth Management, Commercial Banking and Strategy and

M&A volume in Scotland last year rose by 38% over 2020 while deal values rose to £16.4 billion over the same period, according to the latest Experian United Kingdom and Republic of Ireland M&A Review.

Model al­lows ten­ants to pay a monthly fee to a third party which gives land­lord writ­ten guar­an­tee in­stead of the cash de­posit, says Fin­lay Camp­bell. For years it’s been the case that where a tenant of commercial premises, especially if they are

Commercial Expert Ltd and Royal Bank of Scotland (RBS) have completed a £237,000 commercial mortgage for an experienced guest house owner looking to expand his business and invest in his own property. The deal was introduced to the commercial finance broker’s Scottish representative, Ken

Listed housebuilder Springfield Properties has agreed a conditional acquisition of Inverness-based housebuilder Tulloch Homes for a net consideration of £56.4 million. Springfield’s third acquisition since joining the market in 2017, the directors believe the move will significantly enha

Helen Mill, Aberdeen-based business coach & facilitator at The Alternative Board (TAB), offers advice to all businesses on how to tackle the challenges ahead. Firstly, congratulations – you’ve made it through the pandemic lockdowns. Maybe you’ve pivoted your business and advanc

Global Venture Capital (VC) investors deployed record amounts of money into Scottish scaleups over the summer, with more than £197 million raised according to Venture Pulse, a quarterly report published by KPMG Private Enterprise. The research, published using data supplied by PitchBook, recor