Search: raise

Kilwinning-based Shuttle Buses has become employee-owned, giving all 70 employees a stake in the business as the current managing director plans for his eventual retirement.

Sodexo, the facilities management and food services provider, has relocated its Aberdeen offshore support base operation to Denmore Industrial Estate.

Edinburgh-based private bank Hampden & Co has reported record half year results for the first half of 2022 as total income increased 47% year-on-year to £8.8 million. The bank's deposits also rose by 21% to £731mand loans and advances up 14% to £434m. The bank benefitted from s

Scottish Enterprise has revealed that 2021/22 continued to be a record year for its early-stage investment activities. The enterprise agency, which has been investing in early-stage businesses since 2003, alongside local, national, and international private sector investors, recorded investment of &

The Office for National Statistics (ONS) has estimated that the country's GDP contracted by 0.6% in June and 0.1% for Q2. The June decrease is attributed to the Platinum Jubilee and the move of the May bank holiday leading to "an additional working day in May 2022 and two fewer working days in

McCrea Financial Services has selected Common Wheel as its nominated charity for the year ahead. The Glasgow-based financial advisory firm recently held its 12th Annual Charity Golf Day, while five staff members also took part in the Glasgow Kiltwalk, which combined has already helped the fundr

The Financial Conduct Authority (FCA) has issued a warning against loan fee fraud. Enquiries into the FCA’s contact centre about all types of scams were up 24% as a whole in June 2022 from a year earlier. In particular, reported loan fee fraud scams into the FCA’s contact centre were up

Accountancy firm Infinity Partnership has announced a new venture with up with Great Annual Savings Group (GAS) to help clients reduce operational costs. In a challenging economic climate, GAS has proven to be a valued partner to help companies to reduce costs on utilities such as water, gas and ele

UK house prices have continued to grow in July reaching annual growth of 11% in spite of lower affordability amid rising inflation and growing interest rates.

One hundred homeowners in Scotland paid £84,000 on average to buy property in Scotland in June according to analysis of the latest statistics by property firm DJ Alexander Ltd, part of the Lomond Group. The firm said that the Scottish Government received £8.4m during June alone from 100

Almost half (49%) of all small business owners in the UK are set to increase their prices as they look to battle rising costs, according to a new report from small business insurance provider Simply Business.  The SME Insights Report, saw over 1,000 small business owners from across the UK surv

As the quarterly confidence index falls to level not seen outside pandemic-induced restrictions, the Federation of Small Businesses (FSB) has urged leadership candidates to show pro-enterprise credentials. Surging operating costs, a high tax burden and struggles to fill vacancies are threatening the

ReviveEco, a food waste management company founded by University of Strathclyde alumni, has smashed its crowdfunding target, raising £240,000. The company embarked on the exercise through crowdcube, with the aim of raising £150,000 in three weeks. THe firm it reached this target within f

New data shows that small businesses founded at Scottish universities accounted for the highest number of equity investment deals to UK spinouts last year, according the British Business Bank. Of the 211 equity deals involving spinouts across the UK during 2021, 44 (21% of the total) came from Scott

The Institute of Directors (IoD) has released polling data from its members showing that the temporary capital investment tax ‘super-deduction’ has had a significant positive impact. The super-deduction was introduced in Budget 2021 for two years to increase levels of business investment