Business

The Cumberland Building Society has announced a six‐figure investment to support a luxury hotel rebrand and refurbishment project in Oban. The Cumberland has financed more than 60% of the acquisition of the hotel in the seaside town of Oban.

An upturn of confidence following the gradual easing of Covid restrictions is fuelling an increase in investor confidence and sparked a record year for the Scottish Corporate Finance team at Grant Thornton. Over the last calendar year, the team completed 13 deals across the country, totalling £

Glasgow-based Talking Medicines, the world’s first Artificial Intelligence (AI) driven patient intelligence company designed to meet the needs of pharma, has closed a £1.5 million funding round to support its ambitions for expansion into the US. Boston based life science investor Mark Ba

UK holiday specialist Caledonian Leisure Ltd is targeting further growth in 2022 as it looks to build on a successful first year.

Ownership of Kidzcare, an Edinburgh childcare company, has been handed over to its 150 dedicated staff in what is believed to be a sector first in Scotland. Kidzcare has announced its transition to employee ownership with 100% of the company shares now placed into an Employee Ownership Trust (EOT) b

Loganair, the UK’s largest regional airline, has today marked its 60th anniversary – a major milestone for the longest-serving name in the UK airline industry.

Growth Capital Ventures has led a £1.3 million super seed investment round into Business Finance Market (BFM), a fintech platform set to boost access to finance for the country’s 5.9 million SMEs. The funds will be used to drive the development of BFM’s technology forward and furth

Ron Weissman, a leading global tech sector figure, former senior executive at Apple and adviser to the company’s late founder Steve Jobs, will meet with a group of Scottish-based female company founders during a virtual trade mission to California next week. The event is being jointly led by A

Food and drink wholesalers and producers affected by coronavirus restrictions can now apply for Scottish Government funding. Grants will be provided to businesses through the £15 million Scottish Wholesale Food & Drink Resilience Fund and the £2m Scottish Food & Drink Producers F

Business confidence in Scotland rose by 13 points during January to 37%, the highest reading since September 2021, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Private sector growth eased from 21% to 12% in the three months to January, according to the latest CBI Growth Indicator.

Edinburgh has been named as the best British city for business outside of London, according to a new report from business magazine Management Today.

Ant Workshop, the BAFTA-nominated games studio based in Edinburgh, has secured a seven-figure sum from Chroma Ventures that will enable the development of new titles, including one it hopes to bring to market next year. Chroma Ventures is the investment arm of Dundee-based 4J Studios. The inves

Anderson Anderson & Brown Corporate Finance (AABcf) has described 2021 as a 'bumper year' for M&A activity in its Deals+ half-year market review. The review, which highlights selected M&A and fundraising transactions across Scotland, revealed that after a somewhat lull in the market duri

A new fund has been launched by the Industrial Biotechnology Innovation Centre (IBioIC) to enable biotech companies to access specialist facilities, equipment and resources that will help to expand Scotland’s bio-economy and unlock opportunities for growth.