Aberdeen-headquartered clean energy group D2Zero has secured a new £150 million lending facility from a group of banks. OakNorth, HSBC, NatWest and Virgin Money are among the lenders, as well as existing backer SCF Partners.
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Scottish hospitality tech firm Hop Software has unveiled a new room booking solution which maximises hotel occupancy using controversial dynamic pricing whilst increasing guest choice. Launched on Wednesday, the new system is predicted to resonate with hospitality businesses looking to sell more roo
Glasgow-based businesses secured the fifth most UK funding rounds in the first three quarters of the year, according to analysis by sharetech platform Vestd. The company's 2024 Global Investment Report analysed Crunchbase data to assess the scale of global investment in 2024 and identify trends in t
Armstrong Watson has urged farm businesses not to panic or make knee-jerk reactions following the Autumn Budget but to instead consider their options and take a measured approach. Agricultural specialists at the accountancy, business and financial advisory firm said they want to provide farmers with
Scottish biotech Biotangents has completed a £2.3 million investment round led by Eos and British Business Investments, and existing investors Kelvin Capital and Scottish Enterprise. Senior agritech adviser Nicky Deasy is joining the Biotangents board on behalf of St Andrews-based investment f
Mike Davis, founder and owner of Edinburgh-based My Probate Partner, has been recognised at the Great British Entrepreneur Awards. Mr Davis received an 'Established Business of the Year' award at the ceremony in London's Grosvenor House on 18 November 2024.
Glasgow-headquartered protective packaging specialist Macfarlane Group has reported a 4% decline in revenue this year. The business, which has been listed on the main market of the London Stock Exchange since the 1970s, provided a trading update for the period from 1 January to 31 October 2024.
Business figures have urged the Scottish Government to take immediate action to address mounting economic challenges. The call came at the Scottish Chambers of Commerce annual dinner where First Minister John Swinney, Labour leader Anas Sarwar MSP and Scottish Conservatives leader Russell Findlay MS
Despite increases in funding for Scotland from the UK government’s October Budget, Scottish Government Finance Minister Shona Robison has little room for manoeuvre when she presents her Budget for 2025-26 next week. This is the headline message of the Scotland's Budget Report 2024, published t
A cryptocurrency tycoon has eaten a banana he bought for $6.2 million.
MHA has shared half-year results for the first time, with revenues reaching £99 million for the six months ended 30 September 2024. This represents a 32% increase from £75m in the same period last year. The accounting group said nearly all of its offices experienced significant double-di
Bancon Group has reported an operating profit of £3.8 million for the year ended March 2024, down from £4.6m in the previous year, and a decrease in pre-tax profit from £1.8m to £1.3m. The Aberdeenshire-based housebuilding and construction group's turnover fell 26% from &poun
Nicola Campbell, partner with Azets, calls for tax stability and simplicity in this week’s Scottish Budget. Shona Robison, the Finance Secretary, will next week tackle the annual Hobson’s Choice of the Scottish Budget – pressure to raise more money to fund public services or risk d
Mabbett & Associates Ltd and IKM Consulting Ltd have merged to create one of Scotland’s largest multi-disciplinary consulting firms. With a combined headcount of around 200, the new firm, named Arthian, will target new sectors and larger projects with the opening of two new offices and a p
The corporate and M&A team at Harper Macleod advised on 42 transactions in October as business owners and acquiring companies acted ahead of Labour’s first budget in 14 years. With businesses anticipating a hike in capital gains tax (CGT) and other tax raising measures, the team saw a mark