Clean technology firm H2CHP has received £800,000 in new funding from TRICAPITAL Angels and Blackfinch Ventures to advance its innovative free-piston engine designed to help decarbonise the shipping sector. This latest investment brings the total raised by the company to nearly £4 millio
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Simon McKeating discusses the vital role of Scotland's food and drink industry in meeting the nation's 2045 Net Zero target, addressing common misconceptions, outlining the challenges and opportunities involved, and stressing the importance of a 'just transition' for the sector. Every day that passe
Aberdeen-headquartered Wood Group has received a takeover offer for 35p per share or £242 million from Sidara, a Dubai-based engineering and consultancy firm.
Forvis Mazars has reported its fifteenth consecutive year of growth in the UK, recording revenue of £362.4 million – an increase of 8.3% – for the year ending 31 August 2024. This growth continued unabated following the firm's global network formation on 1 June 2024. Across the UK,
A Scottish boarding school has become the first in the UK to accept bitcoin as a form of school fee payment.
Shona Campbell of Henderson Loggie has been appointed as administrator to Air Service Training (Engineering) Limited (AST), a wholly owned subsidiary of UHI Perth – a partner of the University of the Highlands and Islands. Based at Perth Airport, AST was established in 1931 to provide approved
SportsPro, an Edinburgh-based provider of pro and amateur sportswear, has secured a £750,000 growth loan from the British Business Bank’s Investment Fund for Scotland, via appointed Fund Manager, The FSE Group. The funding will enhance SportsPro's brand development, marketing efforts, an
Financial mutual Scottish Friendly has agreed a deal to acquire pension and annuity in payment books of business from Fidelity International. The acquisition consists of a block of unit-linked Section 32 pensions business comprising £2.16 billion assets under management (AUM) across 76 origina
Consilium Chartered Accountants has provided full lead advisory services to PJs Foods Limited in its sale to Tiffin Sandwiches. Glasgow-based PJs Foods (PJ) was established in 1996 and provides food-to-go products including sandwiches, pasta bowls, and salad bowls. The firm is a leading supplier to
The employer National Insurance increase, which came into effect yesterday, will have a significant impact on public services and cause economic damage for business, Finance Secretary Shona Robison has said. The estimated cost to organisations delivering public services in Scotland is over £70
Quantify Advisors, a corporate finance firm advising businesses and entrepreneurs across Scotland and the UK, has appointed Callum Laidlaw as its new associate based out of the firm’s headquarters in Aberdeen. Mr Laidlaw is a Chartered Accountant and experienced audit professional, spending th
In a timely boost for Scotland-USA business relations, the Scottish Chambers of Commerce (SCC) will sign a landmark Memorandum of Understanding (MOU) with the Greater New York Chamber of Commerce. The agreement, secured during Scotland’s Trade Mission to New York as part of the Tartan Week cel
Glasgow-headquartered VAT & Indirect Tax Advisors (VITA), has appointed three new team members in the last five months. The tactical recruitment drive comes alongside a year of business growth and a move to new offices, which has also been recognised by the company’s shortlisting in Tolley
Inverness Caledonian Thistle's (ICT) former chairman and investor Alan Savage has tabled an £800,000 bid for a complete takeover of the football club. This move comes after the club entered administration last October due to significant debts, with administrators recently highlighting a "signi
A Los Angeles-based animation and visualisation company has announced plans to invest £28 million in a new Glasgow studio, creating up to 250 jobs over the next three years. Founded in 2003, Halon Entertainment – renowned for its work on blockbuster films like Planet of the Apes and Miss
