Search: financial focus

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

Taxpayer-owned NatWest Group, formerly the Royal Bank of Scotland Group, saw pre-tax profits triple to £1.1 billion in the third quarter of 2021. Results announced today reveal that the banking group recorded operating profit before tax of £1,074 million, attributable profit of £67

Lidl and B&M have submitted planning applications to build two retail outlets in DunBear Park, part of the Halhill development in East Lothian.

Anderson Anderson & Brown Corporate Finance (AABcf) has reported a growth in confidence in the M&A market throughout the third quarter of 2021 as it published its Deals+ Quarterly Market Review. After working closely with a number of acquirers this quarter, AABcf revealed that acquirers are

Perthshire-based manufacturing firm Dry Ice Scotland has announced a significant growth and investment plan after agreeing a multi-million-pound funding package with Nash Business Capital.  Dry Ice Scotland is investing over £4 million in the development of a new production site near Dumf

The City of Edinburgh Council is putting more resources into supporting local business leaders by launching a new Growth Recovery Programme as the capital’s business community looks to survive and thrive following the past 18 months.

Glasgow-based not-for-profit lender DSL Business Finance Ltd provided over £5.6 million to Scottish SMEs and social enterprises in a record year despite the Covid-19 pandemic. The alternative finance provider saw its funding increase by nearly 25 per cent from £4.5 million in 2019 as it

Not-for-profit lender DSL Business Finance Ltd had a record year in 2020-21, providing funding of over £5.6 million to small and medium-sized businesses and social enterprises in Scotland, up from £4.5m in 2019. The Glasgow-headquartered alternative finance provider continued to assist e

Jasmine Limited, a printing and marketing business based in East Tullos, Aberdeen, has been sold as a going concern, saving all 22 jobs. The firm was the subject of a pre-pack administration sale to PFI Group based in Manchester which intends to continue operations in Aberdeen.

A quarter (25%) of young people in Scotland say a lack of knowledge is a key barrier to home ownership, with two fifths (39%) unable to confidently explain how a mortgage works, according to the latest research from Bank of Scotland. The survey of over 2,100 18 to 34-year-olds living in Scotland, fo

Student rent has increased almost 20% over the last year according to data released as part of the 2021 Royal Bank of Scotland Student Living Index. There has been a steep increase in student rent bringing the average monthly cost to £518, an increase of 18% from 2020.

Royal Bank of Scotland owner NatWest Group has posted operating profits before tax of £2.505 million. In the first half of 2020, the bank reported an operating loss before tax of £770m.

Asset & wealth management firm Asset Co has announced that it will pay £16.5 million for a 63% stake in Rize ETF, a thematic exchange-traded fund provider. Asset Co has also committed £5.25 million to help fund the growth of the business. The equity interest will be acquired fro

A three-year strategy to help in the recovery of the tourism industry in Skye and Raasay has secured £350,000 from Highlands and Islands Enterprise (HIE).

Partners at PwC are on track to receive a bumper sum of £868,000 – their biggest annual payout in recent history. The Big Four firm's 900 partners have been told they can expect average pay for the year to June 30 to be £818,000, up 19% on a year earlier, plus £50,000 from th