Search: raise

East Kilbride-based business software company Eureka Solutions has notched up a 15% increase in turnover following a restructuring of its cloud software business. The firm saw turnover reach £5.25m in its latest financial year, a significant jump on the preceding year’s £4.8m, whic

With the prospect of another recession looming in the face of the worsening cost of living crisis, Begbies Traynor’s latest data has revealed that Scottish businesses are already suffering with the country seeing a starker increase in advanced distress than the rest of the UK in the second qua

The number of personal insolvencies seen across Scotland rose by 11.2% during the first six months of 2022. Amid spiralling inflation and rising interest rates, fuel and energy costs continue to put households under pressure leading to an increase in personal insolvencies.

In the first quarter of this year, corporate insolvency numbers (liquidations and receiverships) in Scotland rose by 49.1%, compared with the same period in 2021. According to new figures published by the Accountant in Bankruptcy (AiB) - Scotland's Insolvency Service - the number of corporate insolv

Increases in the cost of living have led to more financial difficulties with 85% of surveyed individuals having said they are worried about their personal finances and, some are expecting to save less or stop saving at all towards their short and long-term savings goals, or are cancelling or d

National law firm Weightmans, which has an office in Glasgow, has announced its financial results for the 21/22 financial year as it awards £1.5 million in bonuses to its people. Total income increased by 5% to £103.2m. Net profit increased by 25% from £9m to £11.3m in the 12

House prices in Scotland are expected to rise amid a fall in buyer demand, according to the latest Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS).

Employment tribunals involving menopause have increased by 44% year on year, according to an analysis of court records by Menopause Experts Group in its annual The Trials Of Menopause Report. There were 23 employment tribunals referencing menopause in 2021, compared to 16 in the previous year. &lsqu

Kintore-based pipeline technology specialist STATS (UK) Ltd increased revenues to just under £50 million while EBITDA earnings rose to £7.8m from £6.5m, according to the firm's latest annual results. Revenues increased by £7.2m to £49.7m (up 17% from £42.5m) while

Glasgow-based whisky producer Hunter Laing Holdings has seen turnover rise by over 50% to almost £15.8 million for the year ended April 2021. This is compared to the £5.5m reported in April 2020, marking a £1.2m increase.

Scotland has seen a 164% increase in corporate insolvency numbers (liquidations and receiverships) in the fourth quarter of 2021-22, compared to the fourth quarter of 2020-21, at 240, against 91. According to the latest figures, the number of corporate insolvencies in Scotland stayed the same in Q4

House prices in Scotland have increased by 14% since the start of the COVID-19 pandemic, with the average price of a property reaching £193,777 in February.

Glasgow-based packaging firm Macfarlane Group has posted a 50% increase in profits in 2021, despite rising input costs and supply chain constraints. The firm said that in face of "challenging market conditions" its team had shown "great commitment and dedication" in servicing its customers.

The number of alleged fraud cases reported in the media being heard in Scottish courts rose dramatically last year, according to KPMG UK’s latest Fraud Barometer.

Scotland's private sector saw growth pick up at the start of 2022, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - pointed to an eleventh straight mon