Moray-based housebuilder Springfield Properties expects annual revenue and profits to be “ahead of market expectations”, reflecting significant year-on-year growth. In a trading update issued yesterday, the firm's chief executive Innes Smith revealed analysts’ projections are showi
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The UK is now home to over 1,300 AI companies with a collective turnover of almost $2 billion, representing a 600% increase in the number of firms over 10 years, according to data released by Tech Nation. New data reveals the huge growth achieved in the UK’s AI sector over the past ten years.
The Artisanal Spirits Company, the owner of the Scotch Malt Whisky Society (SMWS), is set to make its debut on London's junior Aim exchange on Friday with a valuation of about £78 million. The company will place more than 69.6 million shares at a price of 112p.
More than £700,000 is being lost to bank transfer scams every day, new Which? research has revealed as the consumer champion calls for stronger protections to fix an unfair and inconsistent industry approach to reimbursement that currently results in less than half of losses being returned to
Scotland-based raw, natural pet food company, Bella & Duke Ltd, has today announced a successful investment round of £7 million from a consortium of investors.
Glasgow-based Ed-Tech scale-up Estendio has secured £450,000 of funding from key partners including Scottish Enterprise and a handful of heavyweight private investors. Estendio is on a mission to alleviate presentation anxiety, after Chris Hughes, founder and CEO, experienced the challenge of
Mattioli Woods plc, the specialist wealth and asset management business, has announced the proposed acquisitions of Glasgow-based Maven Capital Partners UK and LWMG Topco Limited. The firm has also announced an equity fundraising to raise gross proceeds of approximately £110 million and an add
Digital tech consultancy AND Digital, has announced the launch of its second office in Scotland. The new office (which the firm refers to as a club) will be located in Glasgow and follows on from the rapid expansion of its first club in Edinburgh, which opened last year.
Accountancy and business advisory firm Johnston Carmichael has advised Aberdeen-based THREE60 Energy Group in a seven-figure funding package to support its growth strategy. Backed by Simmons Private Equity, THREE60 Energy has undergone a period of growth which shows no sign of abating, despite the o
Luke Hickmore, investment director fixed income at Aberdeen Standard Investments (ASI), discusses the likely trajectory for inflation and interest rates in the coming months and the inevitable effect on credit markets. In the first five months of the year, inflation has become a growing concern for
Nationwide Building Society, the UK’s second-largest mortgage lender, has predicted that house prices will continue to rise this year beyond the end of the stamp duty holiday.
easyJet is set to boost its Aberdeen - Gatwick service to daily flights as soon as there is enough demand to justify it, according to the airline's UK boss Ali Gayward. Ali Gayward also announced the start date for the relaunch of a service linking Inverness with Belfast. She revealed that twice-wee
Litigation Capital Management (LCM) has agreed to back a £250 million negligence claim against KPMG for its audits of Carillion. The litigation funder said it would fund a High Court claim brought by the liquidator of the collapsed contractors entities.
Ian McMonagle, taxation director at Russell & Russell, business advisers, and member of The Association of Taxation Technicians (ATT), warns of the large number of misleading Eat Out to Help Out scheme applications. As the hospitality sector is getting back on its feet, the latest news releases
Increased workloads and household responsibilities during the COVID-19 pandemic are driving deep dissatisfaction among many women in the workforce, according to a new Deloitte Global report.
