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The joint administrators of Hutchinson Networks Ltd, Blair Nimmo and Alistair McAlinden of KPMG, have secured the sale of the business to PlanNet21 Communications Ltd. Edinburgh-based Hutchinson Networks was placed into administration on 13th May 2019, resulting in 94 redundancies.

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Fife fintech company PaySend has been valued at £125 million in a new crowdfunding campaign that launched today with platform Seedrs. After being founded less than two years ago, Kirkcaldy-based PaySend's drive is aiming to raise £4.26 million for a 3.3 per cent stake in the co

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Leading shareholders in Amazon, such as Edinburgh-based Baillie Gifford and Aberdeen Standard Investments, have been called upon by trade unions to use their influence in order to fight for better working conditions for the online retail giant’s employees. According to reports, Baillie Gifford

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The next phase of funding for the CashBack for Communities scheme will take total investment in the programme to almost £110 million since it began in 2008. The scheme reinvests criminal assets into community projects which support young people into positive destinations, diverting s

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Metro Bank has been forced to reassure customers their money is safe, acting quickly to quash what it described as false rumours on social media about its financial health. It said plans to raise £350m from investors to shore up its finances were “well advanced”. The bank, whi

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Three executives at Metro bank have had their bonuses frozen as an investigation over accounting errors at the lender rumbles on. Shares worth about £480,000 had been due to chief executive Craig Donaldson, and about £250,000 each for finance director David Arden and his predecessor

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French Duncan has paid tribute to payroll worker Jenny Bairner who this Sunday is running the London Marathon to raise funds for Pancreatic Cancer UK after her mum, Fiona, sadly died from the disease last year. Jenny has already raised over £7,500 so far for the cause and competed in the

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Liz Cameron, director & chief executive of the Scottish Chambers of Commerce has been named as the 'Scottish Business' representative to advise the UK Government on strategic trade policy issues, including future trade agreements. SCC's participation in the group is part of its commitment to rai

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Triple Point Social Housing REIT has secured a new £70 million revolving credit facility (RCF) with Lloyds Bank. The floating rate RCF has an initial term of four years expiring on 20 December 2022 which may be extended by a further two years.

706-720 of 7736 Articles
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