Chartered accountant Wylie & Bisset has welcomed Crown Estate Scotland’s launch of a capital investment fund and advised SMEs to diversify and innovate their way to prosperity. Launched to help promote the sustainable development of Scotland’s natural resources, the £3m Innovat
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Scotcoin Project Community Interest Company (CIC), the organisation behind Scotcoin – Scotland’s first and only cryptocurrency – has achieved carbon neutral status, building on the cryptocurrency’s wider sustainability ambitions. CIC offset 100 tonnes of carbon dioxide equiva
Grant Thornton UK's Corporate Finance team has advised on the sale of education-technology (EdTech) company Sumdog to a Scandinavian buyer, eEducation Albert (Albert), with more activity in the sector expected amid significant investor demand. Headquartered in Edinburgh, Sumdog was founded in 1994 a
STV Group plc has posted its highest revenue on record at £144.5 million in 2021, as the broadcaster hailed continued growth. STV Group's revenues rose by 25% throughout 2021, while its adjusted operating profits rose to £25.2m, signalling a 39% increase from the year before.
Mint Ventures, a women-led angel group that is democratising angel investment, has received funding from Scottish Enterprise and the Scottish Government’s Scottish Technology Ecosystem Fund for a series of regional roadshows to encourage more women to become angel investors, as well as helping
John Rodger, partner and property specialist at accountants Chiene + Tait, discusses how the built to rent sector can help ease the UK's housing crisis. A range of global firms, including Scotlandfounded institutional investor Abrdn, have been ramping up their level of
Tom MacLennan, Callum Carmichael and Michelle Elliot, partners with FRP Advisory, have been appointed joint administrators of one of the UK’s largest producers and processors of fish and seafood, Dawnfresh Holdings Limited, Dawnfresh Seafoods Limited and R R Spink & Sons (Arbroath) Limited
Asset & wealth management firm AssetCo has reached an agreement to acquire the entire issued share capital of Revera Asset Management Limited for an effective total consideration of £2.8 million. The consideration will be satisfied by the issue of 54,639 new ordinary shares of 10p each in
Mackie's of Scotland has posted record revenues and profits despite the dual challenges of rising costs and Covid-lockdown restrictions. Turnover at the family-owned firm increased by 11% to £18.5 million (up from £16.7m) while operating profit rose by 19% to £4.1m (compared to &po
Springfield Properties said it remains on track for significant full year growth after posting interim results that revealed excellent build and sales activity across the business.
Henderson Loggie has created a new resource for start-ups that covers everything new businesses need to know to get off the ground and grow. The accountancy firm which has offices across Scotland specialises in supporting businesses through every stage of growth and has collated top tips and expert
M2M targets Europe with smart upgrade to water monitoring device thanks to Scottish Enterprise grant
Dundee-based M2M Cloud is aiming to develop what is believed to be a world-first water monitoring device with CENSIS after receiving a prestigious SMART award grant from Scottish Enterprise. The £140,000 project will help the IoT technology company to enhance its existing Neptune water monitor
Global GDP growth is expected to increase by around 4.5% in market exchange rates in 2022 as global economies continue to grow, and are likely to remain resilient in the face of the Omicron variant, according to base case projections in PwC’s latest Global Economy Watch. PwC has said that the
Leaders from some of the country's most exciting businesses will travel to the USA this year for the first in-person trade missions from Scotland since the Covid-19 pandemic began. Around 25 SMEs from across the country are expected to join International Trade Partnership (ITP) missions to Miami and
Kelso Pharma has acquired Glasgow-based Stirling Anglian Pharmaceuticals Limited for an undisclosed sum. Kelso Pharma is headed by Dr Tom Stratford, previously CEO of Kyowa Kirin International, the European and US business arm of Kyowa Kirin, which purchased Scottish Borders based ProStrakan Group P
