Business

New figures published by Purbeck Personal Guarantee Insurance have revealed a 123% year on year increase in business loans secured with personal guarantee attached in the UK. The firm said that while working capital remains the prime reason for new funding with 28% of loans secured for this reason.

The bid is expected to be announced later this month. Some of Scotland’s most prominent business leaders have united behind the Clyde Green Freeport bid and have urged both the Prime Minister and First Minister to back the deal later this month.

The need for flexible, energy-efficient office space is set to drive the market across the central belt of Scotland into 2023, according to new data from commercial property specialist JLL. During Q3 of 2022, Edinburgh saw occupier activity remain robust with 166,000 sq ft leased, a 16% rise compare

Scotland’s Internet of Things (IoT) accelerator, Smart Things Accelerator Centre, has marked its first anniversary by making a string of senior appointments to its team. Former Scottish Enterprise managing director and interim CEO Linda Hanna is now in place as STAC’s head of partnership

EODEX, which specialises in the safe and environmentally friendly removal and disposal of unexploded ordnance (UXO) around the world, has expanded its operations at Aberdeen Energy and Innovation Parks in the Bridge of Don, having agreed a new two-year lease with Moorfield Group, the Parks’ ow

Murray Capital has recorded double-digit growth in turnover, profit, and shareholder funds in annual accounts filed with Companies House today (Wednesday 12 October). Murray Capital is a family-run business whose principal activities are the development of land for the residential and commercial sec

The Edinburgh International Conference Centre (EICC) is set for a return to pre-pandemic level of activity in 2023, and is aiming to increase North American as Edinburgh's profile rises on the global stage. The venue has experienced a strong rebound in association and corporate business, since

Shepherd and Wedderburn’s Corporate Finance team has advised Douglas and Iain Anderson, the joint managing directors of specialist plant hire company GAP Group Limited, in the sale of their separately owned vehicle hire company to international hire giant SIXT. The vehicle hire business was se

Scottish pharmaceutical business Cheemia is celebrating its continuous growth achieved with the help of support from Business Gateway. The business works with pharmaceutical clients looking to supply the NHS. It provides knowledge and facilitates connections, to create relationships that generate ef

Glasgow-based Pastéis Lisboa, Scotland’s first specialist Pastel de Nata bakery, is among 12 small businesses to be selected as champions of UK start-ups by Start Up Loans, part of the British Business Bank. The announcement comes as the programme celebrates its 10-year anniversary, hav

A strong third quarter for take-up has helped the Edinburgh office market defy the economic gloom, according to new analysis from Knight Frank. The independent commercial property consultancy found that 121,236 sq. ft. of office space was transacted in Edinburgh city centre between July and Septembe

Perth-based fintech Miconex picked up the Social Impact Award at the Scottish Financial Technology Awards on the 6th of October 2022. Miconex worked alongside Scotland’s Towns Partnership to introduce a local gift card for every area of Scotland, the first initiative of its scale in the w

Business activity across Scotland's private sector contracted again in September, according to the latest Royal Bank of Scotland PMI data. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - was little-chan

NFU Mutual is today warning ghost brokers who buy fraudulent policies on behalf of others that they will be found out and could face prosecution. The mutual insurer is supporting the Insurance Fraud Bureau’s campaign to raise awareness of ghost broking, which can leave vulnerable people with i

Glasgow-based managed services provider and business telecoms company KubeNet has grown substantially after moving to larger premises and is celebrating new contract wins with clients across the UK and globally following support from Scottish Enterprise. The new office at Academy Business Park, Glas