A £100 million multi-let industrial property investment fund managed by property investment company JR Capital and industrial asset manager Chancerygate has concluded its first deal in Scotland with the acquisition of Clyde Gateway Trade Park in Rutherglen for £2.35m. Comprisin
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Aileen Scott, head of tax in Scotland with Azets, discusses why the forthcoming Budget must further relax business taxes and minimise the growing risk of closures and redundancies across the SME community. Businesses are being starved of cash and the Chancellor must use tax relief to help businesses
Dental Care Perth, a dental practice that over the last two decades has advanced treatments available to patients in and around Perth, has been acquired by Scotland’s largest dental group Clyde Munro Dental Group. Dental Care Perth has established a reputation as a provider of high qualit
The board of Nucleus Financial Group has announced that it has reached agreement on the terms of an offer by James Hay Holdings Limited for Nucleus for a total consideration valuing Nucleus at c. £144.6 million. The transaction will bring together the respective expertise of Nucleus and James
All FinTech Scotland and Scottish fintech firms have today signed the FinTech For All charter. The charter is an industry-led initiative to promote diversity and inclusion in fintech. It was established in 2020 and is a commitment to use diversity and inclusion as a force for innovation and gro
Specialist lender Reditum Lending has provided Allanvale Land Investments with a bridging loan of £10.8 million for a major residential and commercial development in South Ayrshire.
Highlands and Islands Enterprise (HIE) has approved £4.5 million of funding for two new stages in its development of the European Marine Science Park (EMSP) at Dunstaffnage near Oban.
A man who stole a pair of handcuffs more than 60 years ago has sheepishly returned them to the police.
Scottish Widows has become the first major pensions and insurance provider to target halving the carbon footprint of all its £170bn investments by 2030 in its path to net-zero by 2050. The company – which has more than six million customers in the UK – will also be investing billio
Law firm Thorntons has recorded strong financial results for the financial period prior to the COVID-19 pandemic. Thorntons has reported a 2.6% growth in turnover for the year to 31 May 2020 to £30.5 million, with profits increasing by 12 per cent.
More than one in three SMEs (39%) are planning to reduce the size of their office requirements in the months ahead, according to Grant Thornton’s International Business Report.
BNI Scotland North, a networking organisation that generated £14 million worth of business for members in the past year, is to launch two new groups. Despite the ongoing COVID-19 crisis, BNI Scotland North plans to grow its portfolio of chapters from 15 to 17 with the addition of the new onlin
Aberdeen-based firm Carbon Neutral Energy (CNE) is preparing to embark campaign to raise £300 million and create 200 jobs in Scotland over the next five years. The hybrid power solutions company - formed in early 2020 by energy veteran Mark Patterson and his two sons Harry and Philip - has sub
Bill Michael, the chairman of KPMG UK, has apologised after receiving public backlash for telling staff to "stop moaning" about working conditions during the coronavirus pandemic. In a virtual meeting with his team, Mr Michael was told about concerns over potential pay, pension and bonus cuts, the F
Responsible finance provider Social Investment Scotland (SIS) is offering social entrepreneurs the chance to receive mentoring and advice from some of the UK’s leading retail experts as part of its 2021 SIS Retail Academy. Focusing this year on the growing global marketplace for purpose-l