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Recent inflation figures have pushed lenders to consider increasing fixed-rate mortgages to 5% and above.

April witnessed a significant surge in insolvency-related activities in Scotland, the highest this year, new research by R3, the insolvency and restructuring trade body, has revealed. R3’s analysis of data provided by Creditsafe shows there were 122 cases of insolvency-related activity, which

The Edinburgh International Conference Centre (EICC) increased revenue by 45% to £11.8 million in the year to 31 December 2022 (2021: £7.4m), but recorded a decrease in operating profit to £700,000 from £1m the previous year. CEO Marshall Dallas attributes this growth to

Crown Estate Scotland has secured £262 million in applicant fees from the first leasing round designed to enable offshore wind energy to directly supply offshore oil and gas platforms.

Scottish underground energy storage firm Gravitricity has signed a collaboration agreement with Czech electricity flexibility aggregator Nano Energies to develop commercial routes to market for their gravity storage technology. Last month the Edinburgh storage pioneer unveiled plans to transform the

Scottish firms had over 1.2 million overdue invoices on their books this winter, new research from insolvency and restructuring trade body R3 has revealed. R3’s analysis of data provided by Creditsafe shows 1,231,703 invoices were overdue in Scotland over the winter months – with 416,856

Highlands and Islands Enterprise (HIE) has welcomed 21 young entrepreneurs from the region onto a year-long programme aimed at developing the next generation of entrepreneurs. The programme, IMPACT30, is led by HIE and delivered by business skills training consultancy, Skillfluence.

Billionaire brothers Sandy and James Easdale have heralded the decision to increase the number of houses planned for the £250 million redevelopment of IBM Greenock as transformational for the region. At a planning meeting held by Inverclyde Council yesterday afternoon, councillors voted in fav

The number of start-ups in Scotland has reached its highest level for five months, according to new research from R3, the insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows there were 3,147 new Scottish firms set up in January 2023 – the highest r

Burges Salmon has advised First Bus, a division of transport group FirstGroup plc, on the acquisition of Essex bus company Ensign Bus Company Limited (Ensignbus). Via its bus division, Aberdeen-headquartered FirstGroup is the second largest regional bus operator in the UK, serving two-thirds of the

Hilltop Leaf, the company behind Scotland’s first medicinal cannabis cultivation and production facility, has raised £2 million from Traditum Private Equity and private investors.

A near 1.7 million invoices were overdue the books of Scottish businesses in the last quarter, according to new research from insolvency and restructuring trade body R3. R3’s analysis of data provided by Creditsafe shows 1,696,445 invoices were overdue in Scotland in Q3 – an increase of

Data from Tech Nation and Dealroom has revealed that mid-stage scaling tech companies (at Series A) have raised $5.1 billion in 2022 so far signalling an all time record for H1. This compares to $5.6bn raised in the whole of 2021.

Loganair has announced that it will award a further £30,000 to organisations across the UK and Northern Ireland in support of local renewable energy projects as part of its Greenskies Community Fund. As part of the airlines journey to net-zero by 2040, earlier this year, the airline distribute

TSB has warned of a rise in cost-of-living scams, as accompanying research revealed that a £500 fraud loss would leave three fifths of households struggling to afford food for over a week.