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The British Business Bank (BBB) has announced plans to launch a £150 million investment fund this summer, aimed at driving the growth of small and medium-sized businesses in Scotland. The Investment Fund for Scotland is one of a series of nations and regions investment funds being launched by

Ardgowan Distillery has announced plans for a new bespoke centre for Blackwoods gin at their Inverkip site following a loan of up to £5 million from UK drinks specialists Distil plc. An initial tranche of £3 million has been approved by shareholders of the London-listed firm, with the po

A series of recent tender wins by its external and internal audit teams has prompted chartered accountants Wylie & Bisset to boost this year’s annual graduate intake. While the firm took on three graduates last year, this summer will see another eight – five who will follow the Insti

UK listings experienced a very strong start to the year with more funds raised in the opening quarter of 2021 than in any other opening quarter since 2007, and the most raised in a single quarter since 2014, according to the latest EY IPO Eye.

Keane Premier Healthcare, the Lanarkshire-based care home provider, is expanding after receiving a £900k loan from Barclays to finance the purchase of two new care homes. The acquisitions follow a period of sustained growth for the family-owned care home providers.

Politicians are constantly thinking of new ideas and policies to help boost the economy, but there is one idea no government will have thought of before but one company is now advocating, and it’s a lot more fun than inflation, interest rates and trade deficits.

Edinburgh-based investment house Baillie Gifford has announced the appointment of Karen See as co-manager of its Japanese Income Growth fund and Felicia Hjertman as co-manager of its Japanese Smaller Companies fund.

The Board of Dundee-based wealth manager Alliance Trust has today written to shareholders to outline significant changes to the business that it believes will "enhance shareholder value" after months of poor performance and agitation by activist shareholders. In its statement, the trust says it is t

Almost half of all Scottish small and medium-sized enterprises SMEs have introduced new products or services in last 12 months and one third do not export despite having a suitable product, highlighting the potential for further growth. These are among the key findings in a trio of Scottish Governme

Aberdeen Asset Management’s property division has announced the promotion of Simon Moscow to become head of asset management for the UK, and Stephen Walker to deputy head of asset management for the UK. The moves follow the departure of current head of asset management Giles Easter, who “plans t

MFMac has announced the promotion of four legal directors to partner, effective 1 April, marking a major milestone in the firm’s evolution and growth. The promotions follow the appointment of Claire Macpherson (Private Client) and Shaz Khalid (Corporate) as partners at the start of the year an

A former interim head of the Institute of Directors (IoD) has been disqualified from acting as a company director for 11 years over the abuse of the Covid Bounce Back Loan Scheme.

PwC UK has seen a record number of partners depart in 2024, alongside a pause in one of its apprenticeship programmes, as the firm grapples with profitability challenges. Analysis by the Financial Times revealed 123 partners left the firm last year, more than double the annual average since 2002. Th

The Scottish National Investment Bank has posted a £14.6 million pre-tax loss while committing £224.6m to 20 companies in its third year. The 2023/24 investment enabled a further £400m in additional investment alongside the bank.

Business succession expert Mike Kane discusses the advantages of selling a business when there is no immediate need to do so, exploring various exit strategies, and how owners can avoid pressure during negotiations. "I'm thinking of selling my business when I reach retirement age – can you hel