The board of Community Enterprise in Scotland (CEIS) has appointed Martin Avila as the group's new CEO, replacing the outgoing CEO Ian Mitchell. Mr Avila joins from his current position as director at the Kinning Park Complex and will be taking up his new position in early August. He brings a new vi
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Dundee-based cloud computing company iomart is targeting £200 million in revenue within the next five years as it announced a trading update yesterday. During a virtual Capital Markets Day event, executives at the firm explained how the business would expand its solutions, service, skills and
Former game company boss David Hamilton and Dundee businessman Gavin Findlay have bought the Scottish Deer Centre in a multi-million-pound deal. The park, which fell into administration last year, had been closed since April 2020 and was facing an uncertain future. The park initially closed due to t
The UK is set to experience the strongest economic growth since the Second World War this year, with a faster-than-expected recovery from the coronavirus pandemic, according to the Bank of England. The bank has hiked its estimate for UK GDP growth to 7.25% in 2021, up from February’s forecast
A farmer accidentally annexed part of France to his native Belgium after moving a 200-year-old stone marking the border between the countries. The border marker has been in place since the border was first drawn up in 1819 and ratified in the Treaty of Kortrijk the following year.
The Financial Conduct Authority (FCA) has launched a consultation on proposals for a new category of fund designed to invest efficiently in long-term, illiquid assets. Within the consultation, the proposal is that these funds would be open-ended and would be able to invest in assets such as venture
Responsible finance provider, Social Investment Scotland (SIS), has appointed Louisa Macdonell to its board of directors. Ms Macdonell is CEO of the Development Trusts Association Scotland (DTAS), the membership body for community-led enterprising organisations. She is also an entrepreneur-in-reside
Scottish IT company Aspen Solutions has signed Loganair as its new IT client.
Dingwall-based firm WoodBlocX is expanding its manufacturing capacity with a £750,000 investment, which is expected to double production capabilities and create new jobs. WoodBlocX makes innovative kits for building raised beds and landscaping gardens. Highlands and Islands Enterprise (HIE) ha
William Anderson, audit, accounts and charity partner, Meston Reid & Co, highlights the need for responsible governance, transparency, accountability and a professional approach when it comes to charity finances. Few charities will emerge from the pandemic unscathed. Like all organisations, they
Edinburgh-based technology startup Stellar Omada has reported revenue of £10.1 million and pre-tax profits of £1.4 m for the year to 31st December 2020. The firm has also appointed Royston Hoggarth as its first chair. He heads the board at a number of other UK tech companies including In
Foxlake Dundee, the water-based adventure park on the city’s waterfront, has unveiled a £30,000 expansion plan.
Fiona McKerrell, partner in Shepherd and Wedderburn’s restructuring and business advisory team and a mental health first aider, discusses the importance of mental health. As we enter Mental Health Awareness Week, Shepherd and Wedderburn is launching a collaboration with leading wellbeing servi
The Financial Services Regulatory Initiatives Forum has published the third edition of the Regulatory Initiatives Grid which this year includes contributions from the Financial Reporting Council (FRC) for the first time.
Edinburgh-based based sports video platform Recast has raised £5.9 million in a Series A round of investment. The firm, founded by Andy Meikle, said that the success of the round follows increased demand from rights holders looking for alternative ways to monetise their video content as consum