Search: raise

A Scottish company has secured investor backing worth £1.3 million for its unique recycled plastic construction blocks. QUICKBLOCK’S construction blocks are shipped flat packed on pallets for rapid assembly in the defence, security, humanitarian aid and commercial markets.

Innovative Partners, the innovation funding consultancy founded in 2019 by entrepreneurs Andrew Marshall and Liam Hurley, has expanded its operations into Edinburgh. Moving its original main base in Aberdeen, the company has opened a new head office on South St Andrews Street in the city centre.

Michael Reid, a licensed insolvency practitioner and managing partner of accountancy firm MHA, discusses the implications of liquidation. The ongoing impact of interest rates at a level higher than we have been used to for many years, coupled with sluggish demand due to the cost-of-living crisis, me

It has been projected that the escalating cost of borrowing could impose a significant refinancing burden of £20-25 billion on UK Plc over the next three years, according to data analysed by EY. The analysis has found that the cost of debt financing has increased, on average, by 3 to 6 pe

SMEs and organisations-focused Unity Trust Bank has appointed Colin Fyfe as its CEO. Mr Fyfe joins Unity with more than 40 years’ experience in the banking sector including 10 years as CEO at two building societies. With a deep understanding of commercial business and the wider regulatory bank

The Federation of Small Businesses (FSB) has urged the UK government to consider removing the “barrier to growth” many small businesses are faced with by raising the VAT threshold. FSB's new paper, "VAT for Small Businesses", suggests revamping the VAT system could be the key to unlockin

The Scottish Government has pledged to provide “every possible support” for those impacted by the collapse of Stewart Milne Group (SMG) while a union has threatened to take legal action against the company.

Law firm Anderson Strathern has reported its most successful year ever for investment deals for the second year running, amid continued optimism in the Scottish investment market. Over the past year, the corporate investment team has been involved in more than 30 investment deals with an aggregate v

Edinburgh-based Stamp Free Ltd (Stamp Free), the AI-powered, award-winning digital post and shipping company is set for expansion after receiving an impressive £1.08 million in new investment from a diverse group of investors and supporters. Stamp Free attracted equity investment led by Silico

The UK economy has faced a downturn in October, with a contraction observed across all major sectors, which saw GDP fall by 0.3% month-on-month. The decline was notably consistent with the sluggish trends indicated in recent business surveys. The EY ITEM Club's chief economic advisor, Martin Be

As Christmas 2023 approaches, Scottish retailers have been faced with a challenging trading environment, marked by a slowdown in sales growth, according to the KPMG-SRC Scottish Retail Sales Monitor.

The amount invested into new stocks and shares ISA policies in Scotland has increased for the third consecutive quarter, according to new data from Scottish Friendly. New ISA policy contributions increased 16% between Q1 and Q2 of this year followed by a 2% increase in the three months to September.

The Scottish agriculture sector requires future funding certainty due to the long-term nature of investment decisions and long lead-in time for farmers, crofters and land managers, according to rural affairs secretary Mairi Gougeon. Ms Gougeon has written to the new secretary of state for environmen

Scotgold Resources has appointed Daniel Bredenkamp and Christopher Pattinson of Australia-based Pitcher Partners Accountants and Advisors (WA) as joint and several administrators.