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Peter Vardy Peter Vardy Group, the fast-growing Scotland-wide automotive retail business, celebrates its tenth birthday this year and is set to transfer over £5 million of ownership to its 800 colleagues as part of its Partnership Share Scheme.

Scottish Borders Council Pension Fund has committed £30 million to the major new UK social investment fund soon to be launched by M&G plc, contributing to M&G’s ambition to unlock over £1 billion of long-term investment over the next three to five years in affordable housin

Shoosmiths in Scotland has strengthened its senior legal headcount with the appointment of William Reid as banking legal director. Based in Shoosmiths’ Edinburgh office, Mr Reid will work closely with colleagues in the real estate and corporate teams, advising clients on matters including corp

OakNorth Bank has provided a £10.3 million finance facility to Tarka Edinburgh to fund the acquisition and development of an upscale pod hostel and rooftop bar in Edinburgh's city centre. Tarka is a new hospitality brand focused on upscale pod-style hostels, designed to deliver comfort, connec

Green Bioactives, a company specialising in sustainable plant-based product development via its plant cell culture technology, has secured a grant of up to £1,097,016 from Scottish Enterprise. The grant will support an 18-month research and development initiative focused on the production and

Aberdeen-headquartered Proserv has undergone a sponsor-backed management buyout (MBO), and is introducing an employee ownership scheme, marking a significant milestone in the company’s 60-year history. Led by CEO Davis Larssen and CFO Mark Fraser, the multi-million pound deal is backed by GIIL

The newly formed Cask Whisky Association (CWA) has been launched today, establishing a protective platform for whisky aficionados and customers, focusing on enabling secure buying and selling of casks.

Venture capital (VC) investment in Scottish businesses has dropped significantly in terms of value and volume in Q1 2023, with only 14 deals having raised around £70 million, the lowest for an opening quarter since 2020, according to KPMG UK's Venture Pulse Report. This slump is attribute

Despite the current economic turbulence and inflationary tailwinds, UK SMEs are proving resilient in the face of business challenges and although the outlook remains uncertain, many companies are confident of brighter times ahead for growth and opportunity.

Twelve aspirational female company founders have been shortlisted as finalists in the AccelerateHER Awards 2023. Three female-led companies were selected from each of the awards’ four specific categories - technology; environment; culture; and health. A winner from each of the four categories

Responsible finance provider Social Investment Scotland (SIS) has appointed community finance expert Arran Dewar as executive director of SIS Ventures. Mr Dewar joins SIS Ventures from Inspiring Scotland, a venture philanthropy organisation which aims to improve the lives people from disadvanta

abrdn has raised £205 million from the launch of its new Commercial Real Estate Debt fund II (CRED II), an evergreen, UK-focused strategy for institutional investors. CRED II is designed to generate attractive levels of income by investing in a diversified portfolio of predominantly senior, in

Scottish housebuilder Miller Homes is being acquired by a fund managed by Apollo from fellow private equity giant Bridgepoint Group.

The public is being asked for its views on proposals to establishing a Scottish minimum income guarantee (MIG). Social Justice Secretary Shona Robison will today co-chair the first meeting of a new steering group to drive forward the ambitious new policy with the aim of reducing poverty, inequality

Edinburgh medtech company Manus Neurodynamica Limited has closed a £1.2 million funding round to support the launch of its digital pen which provides an early warning of Parkinson's disease and other neurological conditions. With this latest funding secured, Manus is rolling-out its Neuro