A Leeds-based alternative funding firm has opened its first Scottish office and appointed a new member of staff to lead it. Based in Edinburgh this new office will be run by Brian Machray (pictured above) who joined Reward Finance Group from Allied Irish Bank, where he headed up a division specialising in finance for manufacturing […]
REWARD FINANCE OPENS FIRST OFFICE IN SCOTLAND Read More »
Investing Women Angels (IWA) has restructured its leadership team ahead of launching a new IW AccelerateHER fund for female-founded companies in Scotland. IWA has collaborated with the Scottish National Investment Bank to develop the fund concept and plans during 2022. The fund aims to provide finance to support the growth of Scottish female-led businesses, supporting
NEW SCOTTISH FEMALE FUND LAUNCHED Read More »
The UK and Ireland’s most active investor BGF has reported continuously strong momentum over the last 12 months, investing close to £60 million within the Scottish growth economy – more than double the previous year’s figures. BGF is a long-term patient investor, making initial investments between £1 million to £15 million for a minority equity
BGF MAKES RECORD BREAKING INVESTMENT IN SCOTLAND Read More »
Business angel syndicates in Scotland finished 2021 on a high, investing more than double than the previous year and beating the record set in 2019 by 70%. Before the pandemic struck, 2019 had been a high point in the angel investment market in Scotland, with a record number of deals and a record £86m invested.
SCOTTISH ANGEL INVESTMENT DOUBLES IN 2021 Read More »
With research from the Federation of Small Businesses showing that a third of Scottish business owners faced an increase in late payment in the last quarter, chartered accountant Wylie & Bisset is advising SMEs that knowledge is key and cash is king when dealing with the issue. Wylie & Bisset urges business owners struggling with
BUSINESSES BEING ADVISED IN DEALING WITH LATE PAYMENT Read More »
The lifestyle impact of lockdown as a result of the Covid-19 pandemic has led Glasgow-headquartered Cairn Estate and Letting Agency to embark on an ambitious expansion strategy with the aim of doubling both its turnover and property portfolio within five years via acquisition. Last month the firm acquired Stephen McIntyre Letting in Portobello, Edinburgh, following
ESTATE AGENTS AIM TO DOUBLE TURNOVER IN WAKE OF LOCKDOWN Read More »
The rising cost of living is having a detrimental impact on savings across Scotland, according to a new report by Accenture. The survey of 184 adults in Scotland found that almost two-thirds of respondents (65%) said the rising cost of living had impacted their ability to save money, while over a third (34%) have not
TWO THIRDS OF ADULTS IN SCOTLAND STRUGGLING WITH RISING LIVING COST Read More »
The UK’s most experienced business coaches advise businesses that they must take steps now to maximise the economic recovery predicted post-pandemic. Fergus King (pictured above), Partner of Shirlaws Group, is the keynote speaker at the first two of a brand new series of four Dundee and Angus College events hosted by the Business Partnerships Team.
BUSINESS URGED TO PREPARE FOR A PERIOD OF GROWTH Read More »
The Scottish office of Audit and tax consulting firm RSM has advised on more than 30 deals last year, with a combined value of more than £400 million. The firm claim this is a 75% increase compared to 2020. The Scottish team advised Oaktree Capital on its $140m acquisition of Sanlam Wealth. Angela Toner, transactions
RSM Scotland Advised on Record Deals in 2021 Read More »
Edinburgh-based angel syndicate, Equity Gap, has reached a £25m investment following its most successful year to date. Leveraging additional funding of over £100m for investee companies since its launch, these investments have helped create over 500 high quality jobs in Scotland, worth around £20m each year to the economy. As it stands 37 companies make
EQUITY GAP HITS MILESTONE INVESTMENT Read More »
