Aberdeen-based IT business solutions firm G5 Technologies is investing in staff development and more equipment after claiming £34,000 in research and development (R&D) tax relief. The business, which was formed in 2004, submitted a claim with R&D tax specialists Access2Funding after re
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The annual house price change in Aberdeen City and suburbs has reached 3.2%, according to the latest Housing Market Report published by Aberdeen Solicitors’ Property Centre Limited (ASPC).
DataVita, Scotland’s largest data centre and multi-cloud services provider, has reported a more than 100% increase in its contracted revenues for the last financial period, rising from £15 million to £31m. The revenue growth comes on the back of a number of new contract wins across
OakNorth Bank has provided a £4.8 million loan to House of Gods Hotels, the boutique accommodation business, to allow the firm to open new hotels in Glasgow and Manchester. Founded by brothers Mike and Ross Baxter, House of Gods Hotel in Edinburgh was partially funded via a £1.1 million
Scotland’s onshore GDP is estimated to have increased by 0.9% in May as restrictions continued to ease, according to the latest figures published by Scotland's Chief Statistician. However, GDP remains 2.7% below the pre-pandemic level in February 2020.
Scottish retail sales in June moved closer to pre-pandemic levels, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
The Financial Conduct Authority (FCA) has set out proposals to change disclosure documents provided to retail investors under the Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation. The changes will provide more clarity to consumers about what the products are, the risk pres
One of Italy's most prestigious art galleries has threatened Pornhub with legal action over an interactive museum guide recasting famous artworks as "priceless porn".
BP is promising £10 billion of investment and to make Aberdeen its global hub for offshore wind, if it is successful in securing seabed licences around Scotland.
Former Scottish Enterprise chief Steve Dunlop joins Crosswind Developments as non-executive director
Steve Dunlop, the former chief executive of Scottish Enterprise has joined Crosswind Developments as a non-executive director. Crosswind Developments is the firm behind plans to build 2,500 homes and create more than one million square feet of commercial space on an area around a decommissioned runw
With a recent report warning that independent high street businesses face a wave of closures after their debt climbed to almost five times the level it was before the pandemic, chartered accountants Wylie & Bisset is advising SMEs to seek financial advice as a matter of urgency. About 150,000 sm
Edinburgh start-up social enterprise Willow Den has secured £725,000 from Social Investment Scotland (SIS) to launch a chain of outdoor nurseries in Scotland. Willow Den – a trading subsidiary of Inspiring Scotland - will offer Early Learning Childcare in exclusively outdoor settings for
Glasgow-based business angel syndicate Gabriel Investments is searching for more investors after switching from university ownership to being led and owned by its members. Established in 2012, the syndicate has been boosted by support from the University of Strathclyde through its start-up incubator
According to Savills latest figures on the Glasgow office market, the city centre recorded 112,087 sq ft of take-up in Q2 2021, a 77% increase from Q1 2021, with Savills advising on 64% (71,966 sq ft) of all deals in the quarter.
A three-year strategy to help in the recovery of the tourism industry in Skye and Raasay has secured £350,000 from Highlands and Islands Enterprise (HIE).

