Search: raise

Edinburgh-founded investment firm Par Equity has announced it will be merging with Manchester-based Praetura Ventures creating a new venture capital firm named PXN Group with over £670 million in assets under management (AUM). As a combined entity, PXN Group will be the fastest-growing venture

As artificial intelligence (AI) rapidly moves from a futuristic concept to a practical tool within the accountancy profession, firms across Scotland are grappling with its potential, integrating AI to enhance efficiency while navigating the risks and ethical considerations. Leading Scottish accounta

CBI Scotland has called on the Scottish Government to make closing the skills gap a priority in its upcoming Programme for Government to boost productivity and long-term sustainable growth. In a letter to the First Minister, CBI Scotland argues that a coordinated national skills strategy and action

Edinburgh-based Menzies Aviation, the world's largest aviation services provider by number of countries served, has announced a record-breaking year, with a 20% increase in revenue, reaching $2.6 billion (c. £2bn).

Project Harmless, an Edinburgh-based eco start up, has expanded into new markets with the launch of its cosmetics range, Harmless Apothecary. The business was started with finance from the Start Up Loans programme, run by the British Business Bank.

A new economic forecast by EY has predicted slower gross value added (GVA) growth for Scotland compared to other UK regions over the next three years.

Scotland’s economy recorded strong growth in the first half of 2024 broadly keeping pace with the UK, but there are signs that growth is slowing in the second half of the year, according to the latest EY ITEM Club Scottish Forecast. GVA should expand by 0.7% over the course of 2024, slightly b

Mid-market business confidence has faltered ahead of the Autumn Budget on 30 October, as profit growth expectations sink to a three-year low and confidence in their funding position continues a downward trajectory since the beginning of the year, according to Grant Thornton UK LLP. The business

Johnston Carmichael has partnered with European accelerator and early-stage advisory firm Mountside Ventures to empower emerging VC managers and bolster the fundraising system. The firm was selected as Mountside Ventures’ Emerging VC Managers Accelerator Programme’s sole accountancy

Scotland's coastal towns are dominating the property market, with 13 of the top 20 residential areas by average house price located on the coast, according to research by Rettie. Fife and East Lothian are home to nine of the top 10 coastal towns by house price, with Kilcreggan in Argyll and Bute the

Scottish candle making supply giant Candle Shack has recorded 14% revenue growth driven by rapid expansion in mainland Europe. The Falkirk-based firm, the UK’s leading candle making and training supplier, which also has a site in The Netherlands, grew revenues from £11.9m to £13.4m

Scotland’s hotel sector saw a seasonal decline in demand and room rates during January, but the slow start to the year is set to be exacerbated further by the upcoming national minimum wage (NWM) increase in April, according to the RSM Hotels Tracker. The data, which is compiled and produced b

Avison Young UK has released two reports shedding light on the economic and real estate landscapes of Glasgow and Edinburgh.

The share of homes sold by a landlord in Great Britain fell from 15.7% in 2022 to14.0% so far this year, however, Scotland is the only region where the landlord sell-off has accelerated this year and where new purchases hit a record low.

The third quarter of 2023 has seen continued momentum in Scotland’s major office markets in Glasgow and Edinburgh, despite prevailing economic pressures, according to the latest figures from real estate advisor CBRE.