Since 2012, the British Business Bank's Start Up Loans programme has provided over 320 entrepreneurs in Scotland with £3 million in funding to launch their own businesses. The loans have gone to founders who were previously considered economically inactive or unemployed, supporting them to tur
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Joining from a Big Four firm, Azets has appointed George Roberts as corporate tax partner to its Glasgow office. Mr Roberts was last head of the local transactions tax team at EY. He has extensive experience of developing tax strategies on a wide variety of transactions both in the UK and inter
Edinburgh-based property investment group Archibald Marckay Group has successfully secured a £530,000 funding deal from alternative finance lender Reward Finance Group. The funds will be used for the acquisition of a grade B listed building in Leith for hotel redevelopment and the completion o
CBRE has forecast a nascent economic recovery in the latter half of 2024, with a more robust rebound expected in 2025, according to its UK Real Estate Market Outlook 2024. This optimistic outlook is bolstered by the Bank of England's anticipated interest rate cuts in the second half of 2024, wh
Two professional services firms have signalled their support for female founders by providing funding for their families to travel to one of the world’s biggest tech conferences. Chartered accountancy and business advisory firm Johnston Carmichael and Thorntons are backing the initiative, orga
A major research and development (R&D) project expected to create up to 500 jobs is under way in the Highlands after securing a £2.8 million investment from Highlands and Islands Enterprise (HIE). If successful, the total £14m R&D spend by Ross-shire Engineering Limited (RSE), wi
Edinburgh-based private bank Hampden & Co saw strong growth in loans and deposits for the year to 31 December 2021, driven by a highly competitive and evolving product suite, net client growth across the UK, and increased referrals from professional intermediaries. Deposits from clients rose by
SolarisKit, a Dundee company that launched a pioneering thermal collector flat pack kit following support from Royal Bank of Scotland’s Climate Entrepreneur Accelerator, has been accepted onto Amazon Launchpad, enabling the product to be offered globally. The firm was established in 2019 by me
Anderson Anderson & Brown Corporate Finance (AABcf) has reported a resurgence in the M&A market throughout the first half of 2021 as it published its Deals+ Half Year Market Review. AAB’s report highlights selected M&A transactions, fundraising transactions as well as AAB transacti
The Royal Bank of Scotland is launching a new 0% purchase and balance transfer card. The new card will offer all accepted customers 0% on both purchases and balance transfers for 20 months from account opening.
The Scottish Building Society (SBS) has today announced a record £74 million increase in mortgage lending and a record £58m growth in savings balances. In a year the Society described as “extreme conditions”, profit before tax increased by 34% to £840,000.
Edinburgh has been listed as one of the top five cities in the UK for tech investment last year, according to the annual Tech Nation Report.
Perth-based Realise Energy Services has acquired Optinergy Ltd (NI), the Northern Ireland medium wind turbine operation and maintenance arm of Optinergy Ltd (ROI), an established technical services provider in the marketplace, for an undisclosed sum. The deal will further enhance Realise Energy Serv
According to a recent survey, post-Brexit Britain is considered a prime real estate proposition by investors, developers and asset managers from across Europe, China and the US. Notably, it ranked the UK highest for future residential property investment. The UK property sector reportedly attracts i
Edinburgh-based biotechnology firm IntelliDigest is primed to scale up its efforts in tackling food waste thanks to support from Royal Bank of Scotland’s Entrepreneurial Accelerator programme. Combining the latest developments in biotech, deeptech, agritech and foodtech, the company, which was
