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Entrepreneur Andy Tait and Texas-based Sallyport Commercial Finance LLC have partnered to launch a commercial lender in Scotland that will back small businesses and provide vital cashflow support. Sallyport Commercial Finance will be based on St Vincent Place in Glasgow and will target companies tur

Investors poured over £450 million into retail properties in Glasgow last year, despite the cost-of-living crisis, record low consumer confidence and hybrid working affecting city centre footfall, according to CoStar Group.

Tax increases on higher earners in Scotland have entrenched the divergence in income tax regimes north and south of the border, financial experts have said. John Swinney, the deputy first minister and interim finance secretary, yesterday announced an increase in the higher and top rates of income ta

Plant hire firm Morris Leslie has posted record pre-tax profits of £12.7 million, in its latest accounts made up to 30 April 2022. The results, the highest in the Perthshire business' 48-year history, have been attributed to a post-Covid resurgence in the construction industry along with a maj

The majority of UK equity capital markets leaders (72%) expect to see the UK IPO market make a broad return in the second half of 2023, according to a new survey from KPMG UK. Almost one in three expect to see some bursts of early IPO activity in the first half of 2023, with these views being shared

Employment law specialist Catriona Aldridge discusses how environmental, social, and corporate governance (ESG) can help employers with recruitment and reduce turnover. At a time of labour shortages and rising wage demands, implementing workforce ESG strategies can make an employer stand out to pros

PRA Group, global financial services and debt acquisition firm, has celebrated 10 years of business since establishing its Scottish base in Kilmarnock.  UK government minister for Scotland Malcolm Offord joined PRA Group president and CEO Kevin Stevenson, other local leaders and employees to ma

Addleshaw Goddard has announced partner Alan Shanks as its new head of Scotland. Mr Shanks, who currently heads the firm's finance & projects team north of the border with a focus on the transactions in the energy sector, takes over leadership of Addleshaw Goddard's Scottish operations from fell

The Edinburgh International Conference Centre (EICC) has recently secured two global energy conferences for 2023, with InterPore2023, and HYDRO 2023 set to see thousands of delegates arrive in Edinburgh next year, contributing millions of pounds in economic benefit to the city and region.

Nationwide Building Society has posted an underlying pre-tax profit of £980 million while setting aside £108m expected credit losses. It's H1 results show that the building society's pre-tax statutory profits rose 13% year-on-year to £969m from £853m for the half year en

In collaboration with Scottish fintech Inbest, NatWest Group has launched a benefits calculator for its customers.

Livingston Building Services Limited (LBS), a specialist in mechanical and electrical engineering services, which operated from sites in Livingston and Glasgow, has reported exceptional growth in the last year, tripling its turnover and forecasting continued development into 2023. Turnover for the l

Bank of Scotland owner Lloyds has reported a 26% drop in profits in its Q3 results as it braces for more defaults on bad loans. Profits were down to £1.5 billion, lower than the average forecast of £1.8bn as analysts expected a significantly small drop in profits of around 9.5%. However,

KPMG has promoted six colleagues to partner and 96 other colleagues to new positions in Scotland, demonstrating the firm’s continued development and investment in its people. Grant Archer, Terri Costello, Ann Devine, Susan Dunlop, Slim Gueddana and David McKay, all became partners of the profe

STATS Group has appointed Ross Wallace as finance director, strengthening its management board. Mr Wallace joined the STATS in 2011 and has worked in several finance roles, including group financial controller ahead of his promotion to finance director.