Caledonia Investments, the investment house founded by shipping tycoon Sir Charles Cayzer in 1878, has raised its full year net asset value 1.1 per cent to £1.64bn for a total return of 2.6 per cent. The positive results for the firm, which is listed on the London Stock Exchange with the backing of
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Independent SME funder, Bibby Financial Services has appointed Scottish Chartered Accountant Mary Sharp as commercial director – north and Joanna Cashmore as head of sales for Scotland as it looks to significantly grow its business north of the border. UK Commercial Director, Edward Winterton said
Phil Anderson Phil Anderson is managing director of Aberdeenshire-based Phil Anderson Financial Services
Aberdeenshire-based craft brewer, bar operator and crowdfunding pioneer BrewDog has come up well short of its most ambitious funding round to date. The Ellon-headquartered firm had set a £25m target for the fourth round of its Equity for Punks crowdfunding schemes.
Social Investment Scotland has completed the divestment of SIS Community Capital, a pioneering social investment fund which raised £400,000 entirely from private investors. Seven social enterprises based in Scotland which are all making significant social and environmental impacts within their loca
A map showing the highest concentrations of cold homes across Scotland - click to zoom Political parties have been urged to commit to ridding Scotland of the “scourge” of cold homes by 2025 after new data revealed that there are up to 1.5 million cold homes in the country.
The construction of an £800 million new community development in Aberdeen can begin next month after the UK government pledged funding for the project.
The Church of Scotland and Islamic Finance Council UK have announced a partnership to create ethical financial services. The joint venture will draw on how the Christian and Muslim communities have supported ethical finance in the past and examine the practical commercial viability of new models whi
A piece of Scottish legal history has been made by the Crown Office’s Civil Recovery Unit (CRU) after it secured the forfeiture and sale of 19 Krugerrands, South African gold coins that each contain one Troy ounce of pure gold. Cash raised from the sale of the forfeited goods is being handed over
Oil prices rose 0.7 per cent today after US production fell for the sixth week in row and raised optimism that the market may have finally bottomed out. Global benchmark Brent crude rose 0.7 per cent to $37.31 per barrel this morning, putting it on course to end the week with a gain of more than fiv
Scottish Widows is among six life insurance firms now being investigated by the Financial Conduct Authority after it raised concerns that some long-standing customers may not have been told when charges were applied. Edinburgh-based Widows is included in the group named by the City watchdog along wi
The City of Edinburgh Council has made considerable progress towards balancing its books, according to the Accounts Commission. The local authority watchdog raised significant concerns in December 2014 over the council's financial position, including a £67 million gap in savings required to meet fu
An Edinburgh mother who had her parking ticket paid for her by a passing 'Good Samaritan' after being forced to illegally park outside a hospital, has raised £10,000 on the back of the kind act. Last week Mairi Holden discovered £25 on the windshield of her car alongside a parking ticket after she
Aberdeenshire-based craft beer maker and crowdfunding pioneer BrewDog is to launch a new round fundraising, this time in America, to drive its operation across the Atlantic. The company reveals the plan after recently announcing that it has raised a record £13.5m in the fourth round of its UK Equit
