Business

Almost 90% of global financial services investors are planning to establish or expand operations in the UK in 2022, according to EY’s latest UK attractiveness survey, representing the highest level of confidence since EY started attractiveness analysis. Sentiment around planned investment into

Decom Engineering has opened a new facility near Aberdeen, investing more than £250,000 to set up a base at Potterton near Dyce. The 6,000 sq ft facility will be used for equipment testing and storage, hosting customer trials days, and it will allow faster deployment of Decom’s asse

Three of Scotland’s most innovative SMEs have secured a global audience spot at the CAN DO Innovation Summit after entering a competition to appear on the events #SMEstage. The successful candidates; FC Laboratories Ltd, Cheemia ReSET and Danu Robotics Ltd, will join a host of world-class spea

BR-DGE, the Edinburgh-based payment orchestration provider, has announced major growth plans for 2022, following a substantial follow on investment from existing shareholders in Q3 2021. Led by Brian Coburn, BR-DGE’s platform promises to revolutionise online payments for merchants by offering

Asset & wealth management firm AssetCo has reached an agreement on the terms and conditions of an all-share acquisition of River and Mercantile Group (RMG), in a deal worth £98.8 million. The deal takes the number of asset management businesses it has acquired in the past year to four.

Startup Grind Scotland has secured funding to take Scottish startup and scale-up founders to the two-day 2022 Startup Grind Global Conference in Silicon Valley in April.

Scottish private equity outfit Inverleith LLP has acquired a majority stake in Eden Mill St Andrews after the firm invested an undisclosed amount into the whisky and gin brand. Eden Mill is currently embarking on the development of its carbon-neutral single malt whisky distillery in St Andrews which

Theodore Agnew, a Treasury and Cabinet Office minister, resigned yesterday over the UK Government's decision to write off £4.3 billion in fraudulent COVID-19 loans. Mr Agnew labelled the oversight of the scheme “nothing less than woeful” and accused officials of “schoolboy er

A café franchise business has opened Cumbernauld’s first-ever drive-thru Costa Coffee, creating 25 new jobs thanks to £850,000 funding from HSBC UK. Coffeepots Limited, which officially opens the doors to a new Costa Coffee café in Cumbernauld’s town centre on 1st Feb

Scottish construction consultancy Soben has announced the expansion of its global operations into APAC with the launch of its Singapore office, supported by two new senior appointments. Andrew Murie will take the role of Soben APAC CEO, with Callum Agnew joining as director – mission critical.

The board of Walker’s Shortbread Ltd has appointed Nicky Walker as its new managing director with immediate effect. Mr Walker joined the family firm 25 years ago, was appointed to the Board in 2007 as production director and has been instrumental, working alongside his late father, Joe, in dev

Innis & Gunn has revealed plans to open its fifth taproom on Glasgow's West Nile Street.

Lismore Real Estate Advisors has advised an overseas investor on the purchase of two prime logistics units located in Aberdeen.

Unbranded Finance has completed a £2.5 million bridging loan on behalf of Courie Investments Limited, secured against a prime Glasgow City Centre office building with planning permission for a 113-room aparthotel at 249 West George Street, on the corner of Blythswood Square.

St Andrews-based Pneumagen, a clinical-stage biotech company, has raised £3.8 million to advance clinical development and manufacturing of its lead product Neumifil. The financing round was co-led by existing investors, Thairm Bio and Scottish Enterprise.