UK fintech startup Ipagoo has been bought up after it entered administration last month. Anglo-Dutch investors Chairman Financial said it has an exclusivity agreement to purchase 100 per cent of the company, in addition to certain assets of its parent company, Orwell Group Holdings.
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The Ben Nevis Distillery, which stands at the base of Ben Nevis, saw its pre-tax profits reach £102,617, compared to a loss of £273,202 in 2020. The whisky producer has seen its turnover rise to £7.2 million in 2021, compared to £6.2m in 2020.
Scottish Borders Housing Association (SBHA) has secured a £58 million facility from Royal Bank of Scotland to support investment in current homes and the delivery of 300 new homes over the next seven years. SBHA owns and manages more than 5,600 homes across the Scottish Borders, from Skirling
As Scottish telecoms technology company Calnex Solutions today confirmed its £42m listing on London’s AIM market, Burness Paull's Chris Gotts, lead legal adviser on the Calnex IPO, discusses why more growing businesses in Scotland should follow suit. Traditionally businesses i
Royal Mint has produced an 18-carat solid gold payment card.
Paul Sloane Martin Currie, the Edinburgh-based active equity specialist, has confirmed that Paul Sloane, a highly-experienced Global Portfolio Manager with over 19 years’ investment experience will re-join the business within its well-established and successful Global Emerging Markets (“GEMs”)
Standard Life moved its company pension fund heavily into bonds last year, recording the biggest switch of any FTSE-100 company. New research by JLT Employee Benefits shows the average bond allocation rose to 61 per cent in the year to 31 December 2015, which is equivalent to around £20bn.
Thomas Moore Standard Life Investments’ Thomas Moore has been ranked 41st in the table of 4,017 European fund managers, making him the top Scottish fund manager for a fifth consecutive month.
Murray Income Trust has reported a 9.1% increase to its net asset value (NAV) ahead of a 4.7% return from the benchmark since Artemis Investment Management took control of the £924m trust from Aberdeen. The trust reported a net asset value (NAV) return of 15.1% compared to a benchmark return o
Insurance broker Bruce Stevenson reported a 30% increase in turnover to £11.7 million and a 33% profit increase to £3.9m for the year ending February 28, 2023. Growth was driven by various specialist areas and new sectors, including life sciences, technology, and risk management.
Glasgow-based construction firm Gap Group has announced that it will boost the pay of 83% of its employees with a £1 million bonus. With the aim of helping employees with the cost of living crisis, the £1m bonus is in addition to existing annual performance and Christmas bonuses and
Royal Bank of Scotland reports hiring activity has slowed notably amid steep decline in staff availability. May data signalled a further increase in recruitment activity across Scotland, according to the latest Royal Bank of Scotland report on jobs survey. However, the rate of expansion slowed notic
Strategic real estate advisor Avison Young has released its latest quarterly Big Nine office market update, covering the third quarter of 2021. The quarterly review shows the take-up in the major regional office occupier markets in the UK, including Glasgow and Edinburgh.
Edinburgh-based dental technology company, Calcivis, is preparing for a US launch with a restructuring of its board and the successful completion of its latest £1.52 million funding round. Calcivis has developed the world’s first biotechnology-based dental imaging system and has been par
Andrew Pollard, director of Falkirk-based business consultancy Ahead Business Consulting, discusses how planning ahead can help businesses as the year unfolds. 2021 is a highly uncertain year. We know more about COVID-19 and how both the NHS and Government will respond, but not much about new varian
