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The Scottish National Investment Bank (SNIB) risks falling short of its £2 billion investment target by 2030 by up to £400 million, following a reduction in government funding this year. Established in 2020, the state-backed bank aims to support projects in net zero, communities, and inn

Finance experts are among a range of individuals appointed to the board of directors leading the delivery of the Glasgow 2026 Commonwealth Games. Former Glasgow City Council chief executive George Black CBE was appointed as chair in October 2024 and has now established a board with members from a di

The Scottish Event Campus (SEC) has appointed former Celtic Football Club CEO Dominic McKay as its new chief executive. Mr McKay is joining the SEC in May from European Professional Club Rugby (EPCR) in Switzerland where he is currently executive chairman.

Archilink Ltd, an architectural surveying company based in Aberdeen, has achieved significant growth in 2024 and is on course to surpass £1 million by the end of the financial year – a record for the company since its launch in 2018. The company uses cutting-edge technologies to deliver

Airdrie-based DataVita, a provider of critical digital infrastructure and cloud solutions, has delivered record total sales of £13.34 million in the year ending 30 June 2024, a 46% increase from £9.12 million the previous year. Gross margin improved by 62%, reaching £6.15m, reflect

Michelle Elliot and Callum Carmichael, partners at FRP Advisory, have been appointed joint administrators of Connect Modular Limited on 6 January.

Scottish women-led angel investment group Mint Ventures has invested in Hampshire-based legal case management platform Transparently. Founded by family law specialist Becki Sant-Cassia, Transparently enables clients to engage with lawyers through alternative service delivery models, allowing them to

Scottish design agency Fifth House has expanded its operations into the Middle East following a financial boost from Midlothian Council Local Business Support funded by the UK Government’s Shared Prosperity Fund. Headquartered in Edinburgh, Fifth House has officially opened for business in Dub

Thorntons’ Edinburgh team has achieved a record annual fee income of approaching £12 million as the firm celebrates its 20th anniversary in the capital. The firm opened its doors in North Castle Street in November 2004 with just three employees. Now based at Haymarket, it boasts a team o

Bancon Group has reported an operating profit of £3.8 million for the year ended March 2024, down from £4.6m in the previous year, and a decrease in pre-tax profit from £1.8m to £1.3m. The Aberdeenshire-based housebuilding and construction group's turnover fell 26% from &poun

BTO Solicitors LLP has posted profits of £6.371 million, representing a 16.9% increase, for the 2023/2024 financial year. The law firm's latest Companies House filing shows turnover reached £19.575m, a 6.9% increase, for the same period.

The Accounts Commission has commended Scottish Borders Council (SBC) for its continuously improving and forward-thinking approach to making savings and tackling recruitment challenges.

Scottish debt recovery firm BPO Collections has been provided a £3.3 million loan from OakNorth to acquire CCS Collect. Ayrshire-headquartered BPO Collections, which is a wholly owned subsidiary of Canadian-based Everyday People Financial Corp, was founded by Graham Rankin in 2006. The fi

The British Business Bank has launched the Community ENABLE Funding (CEF) programme, which is designed to increase the availability of funding to social impact sector lenders, and the smaller businesses they serve in local communities across the UK. The initiative is aimed primarily at community dev