A £429,000 project to expand production and create new skilled jobs at Argyll-based specialist manufacturing firm Midton Acrylics Limited has secured a £147,618 investment from Highlands and Islands Enterprise (HIE). The Lochgilphead already employs 43 people and has built a global reput
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Asset and wealth management firm AssetCo, run by Martin Gilbert, has announced that it has reached an agreement to acquire the entire issued share capital of Edinburgh-based fund management business SVM Asset Management Holdings Limited for £10.7 million. The consideration will be satisfied by
KPMG UK has promoted three colleagues in its Scottish offices across key growth areas for the business. Steven Murdoch has been promoted to director within KPMG’s Deal Advisory Tax team in Glasgow. He joined KPMG as a graduate in 2007 and works closely with a range of UK and international clie
The Scottish Government will provide capital investment of £581 million to support the economy over the next four years through its enterprise agencies and the Scottish National Investment Bank (SNIB). In the Resource Spending Review published yesterday and covering the period from 2023/24 to
Prioritising public spending is essential to grow a stronger economy as Scotland recovers from the pandemic and faces up to the cost of living crisis, finance secretary Kate Forbes has said. Speaking ahead of the publication of the Resource Spending Review, Ms Forbes said more focused government and
Shires Income plc, a company managed by abrdn, has seen its Net Asset Value (NAV) rise by 11.4% in the year ended March 31 2022. The company's share price also rose by 18.4% over the period, this compares against its benchmark, the FTSE All-Share Index, which returned 13.0%. Revenue return per share
Martin Ewan discusses the oil price boom and the potential consequences for the north east of Scotland.
Wealth fund managers who align investment strategies to green and sustainable stocks are highly-prized recruits in a restricted Scottish employment market, according to a new report. Core-Asset Consulting's sixth annual salary guide into Scotland's financial service sector suggests the generational
The UK’s small businesses will be run by personal avatars by 2050 thanks to powerful advances in artificial intelligence (AI) in the coming decades, according to a new futurology report commissioned by Virgin Money, owner of Glasgow-based Clydesdale Bank.
A new economic report places Edinburgh in the top ten best performing cities for economic output and employment by the end of 2023 but reveals mixed fortunes ahead for Aberdeen and Glasgow. According to Irwin Mitchell’s latest UK Powerhouse report, produced by the Centre for Economics and Busi
Aberdeen-based investment firm Scott James & Associates (SJA) has acquired a fellow St James’s Place practice in Cruden Bay. The firm has acquired the business of Brian McAulay, following his decision to retire after spending seven years with the firm.
Law firm Gilson Gray has appointed Martin Cryans as business development director as it eyes further expansion outside the central belt. Martin Cryans joins Gilson Gray in this key position following more than 20 years in leadership and director roles for high profile organisations such as law firm
Almost three quarters (71%) of SME businesses are not currently acting to reduce their carbon emissions, as Environmental, Social, and Governance (ESG) performance is downgraded and digitalisation, employee wellbeing, cost inflation, and recruitment take priority according to the latest Azets SME Ba
International law firm Addleshaw Goddard has launched its search for the best high-growth tech businesses to join its 5th AG Elevate programme – an accelerator for those looking to become the next tech unicorn. AG Elevate is a fast-track 10-month programme designed to advance tech businesses i
Michael Reid, managing partner at Aberdeen-based chartered accountancy practice Meston Reid & Co, discusses the utilisation of bounce-back-loans for unintended purposes. Much has been reported in the media over the past few months about a company obtaining a bounce-back loan and the directors no
