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Scotland's ambition to become a hub for battery manufacturing have suffered a setback with the announcement that battery cell manufacturer AMTE Power is set to go into administration.

Scotgold Resources has appointed Daniel Bredenkamp and Christopher Pattinson of Australia-based Pitcher Partners Accountants and Advisors (WA) as joint and several administrators.

White Oak, a UK-based non-bank lender, has provided £40 million to Scottish SMEs so far this year as it continues to champion the growth of small businesses across the country. White Oak partners with small businesses across Scotland to provide them with tailored solutions for their unique fin

Scottish electricity company Electricity Asset Services Limited has secured major new contracts with Scottish Power, SP Energy Networks, and Lastmile Asset Management, driving a significant expansion of its business, thanks to support from Bank of Scotland.

Burger King is being sued by disgruntled US customers who say the chain's famous Whopper isn't as big in real life as it is in adverts. A judge in Miami, Florida last week granted permission for the class-action lawsuit – alleging the burgers are advertised as "approximately 35 per cent larger

Reward Finance Group provided a total of £8.3 million in funding to Scottish businesses in its first 12 months north of the border, the SME financier has announced. Reward, which provides SMEs with tailored business finance loans and asset based solutions of up to £5 million, launched a

Urbanite Living has secured a £18.85 million finance facility from Paragon Bank’s Development Finance division to support the construction of a new Purpose Built Student Accommodation (PBSA) scheme in Glasgow.

Fintech start-up ZIPZERO has relocated its headquarters from London to Aberdeen, as it looks to leverage the region's thriving tech scene to drive its expansion. The company has made significant strides with its AI-based consumer-and-advertiser platform – bringing together both groups for a fi

Virgin Money has made a £14 million agreement with Ripple Energy to facilitate the development of an innovative 18.8MW wind farm in Ayrshire. The Kirk Hill Wind Farm, which will be partly owned by individuals, small businesses and commercial property investor Bruntwood, will be operated on a c

CarMoney, a finance solutions provider for car buyers and part of Scotland's Peter Vardy Group, has launched its first international branch in Perth, Western Australia. The launch coincides with the 100th year of the Vardy family's presence in the UK automotive industry and follows a 200% annual ris

Highland Opportunity (Investments) Limited HO(I)L, The Highland Council’s business loan company has launched its first social media campaign to make Highland businesses and community organisations aware of its loan funds.

WB Alloy, a Glasgow-headquartered welding and cutting specialist, has expanded its operations through acquiring a 50% interest in TVC, an English data and welding inspection business, after receiving financing worth £4.8 million from Barclays.

Graeme Carling, has said he personally lost some £2.2 million and left "no stone unturned" in his attempts to save the business. McGill, lately registered as McGill Facilities Management Ltd, officially entered administration on August 25th for the second time in less than four

Green Bioactives Ltd (GBL), a Edinburgh-based firm dedicated to the discovery, development and sustainable production of high-value natural products derived from plant cell cultures, has successfully completed a £2.6 million seed financing round. The funding round was led by Eos Advisory LLP a

Burges Salmon has advised Blackfinch Property (Blackfinch) on a £4.4 million loan to fund the acquisition and restoration of a large area of land in Dumfries and Galloway.