Business

Scottish business sentiment remained positive in the fourth quarter of 2021, but the rising cost of energy impacts prospects for 2022 and operates as a drag on the outlook for economic growth, despite the easing of pandemic restrictions, according to the results of the latest Addleshaw Goddard Scott

Anderson Strathern Asset Management, the financial planning and investment business wholly owned by Scottish legal firm Anderson Strathern LLP, grew funds under management to £341 million in 2021, up from £250m in the previous year. Graham Clark, CEO, said: “Market uplift contribut

Dundee-based M2M Cloud is aiming to develop what is believed to be a world-first water monitoring device with CENSIS after receiving a prestigious SMART award grant from Scottish Enterprise. The £140,000 project will help the IoT technology company to enhance its existing Neptune water monitor

Forth Ports Limited has acquired Dundee-based project engineering company OM Heavy Lift (OMHL) for an undisclosed sum.  The acquisition further enhances Forth Ports’ ability to offer an attractive, full-service package for offshore renewables projects, providing marine services; quayside

Glasgow-based iomart Group plc, the cloud computing and managed services company, has appointed Ben Savage as its new chief commercial officer. Mr Svage boasts more than 25 years’ experience working across a range of technology-based sales leadership roles. He has also worked for organisations

Edinburgh-based TV advertising platform Innovid has acquired TV measurement and attribution platform, TVSquared Ltd for $160 million. Innovid said that the deal establishes a new currency-grade standard for cross-platform measurement, powered by the scale and automation of an independent global ad s

Terms have been agreed by South of Scotland Enterprise on behalf of the Borderlands Inclusive Growth Deal to purchase Caerlee Mill in Innerleithen to create a home for the new Mountain Bike Innovation Centre.

Pensions giant Royal London has confirmed that it has held merger talks with LV=. Royal London has issued a statement revealing that the firm has had initial exploratory discussions with LV=, as the firm believes it could offer an "attractive future for the members of LV=" as part of "a growing and

Clyde Munro Dental Group has been given a further £25 million war chest for acquisitions – after getting the green light from its biggest backer for a new funding package. Already Scotland’s biggest independent dental group, the firm will now embark on a period of further growth th

Scottish B Corp brewer Brewgooder has announced new contract deals with two of Scotland’s most renowned craft brewers – Fierce Brewing and Williams Brothers – as it gets set to fulfil an order book of more than £5 million annually by 2024. Brewgooder, which uses a “full

SIS Ventures has launched a second round of fundraising with the aim of attracting up to £5 million to scale up its support for Scotland’s high impact potential early-stage businesses. SIS Ventures’ Impact First fund provides the opportunity for investors to make tax-efficient fina

St Andrews-based investment firm Eos Advisory's portfolio has reached a total valuation of £121 million based on latest investment rounds, and saw its first two exit events in 2021. In January 2021, Eos announced that it had led a £1.24m investment into RAB-Microfluidics, an Aberdeen-hea

Scottish pharmacy group Rightdose Pharmacy has acquired a new store in Liverpool as part of its UK-wide growth strategy, following a seven-figure funding deal from HSBC UK. The Glasgow-headquartered pharmacy group operates six community pharmacies across Scotland and launched an online service in 20

Scottish footfall decreased by 16.2% in January (Yo2Y), a 6.6 percentage point improvement on December, according to the latest Scottish Retail Consortium (SRC) and Sensormatic IQ Footfall Monitor.

Beeks Financial Cloud Group, the Hillington-based cloud computing and connectivity provider for financial markets, has announced the signing of a $2.2 million contract over four years for its recently launched Proximity Cloud offering, with one of the world's largest Foreign Exchange brokers. This i