Business

FinTech Scotland has confirmed a 27% increase in the number of fintech enterprises in Scotland as the cluster management organisation reaches its fourth anniversary. The FinTech SME community has now reached 190 Compared to 147 this time last year and just 26 firms when Fintech Scotland started four

Game4Padel, the Edinburgh-based padel business backed by tennis star Andy Murray, has been valued at £18 million in its latest investment round, during which the company raised £3m from retail and institutional investors. The company’s fourth successful fundraising round in less th

Michelin Scotland Innovation Parc (MSIP) has shared a first look at its flagship space which is being delivered by Robertson Construction and Holmes Miller.

Simon Poole, the co-founder and managing director of North Berwick based Jerba Campervans, is a double winner at the IoD Awards. After being praised for his leadership on customer service and championing high levels of employee wellbeing, Simon Poole was awarded Director of the Year for Small-Medium

An Inverness suburb is gearing up for the opening of £1.5 million of new retail space this month, the property investment development firm behind the project has confirmed. The development in Culduthel, which comprises four units totalling 4,100 sq ft and with 23 parking spaces is expected to

Airlie Green Low Energy Homes Ltd, an eco-housing developer based in Perth, has secured a £1.16 million development loan from specialist lender Assetz Capital.

Swedish hospitality group Pandox has entered into an agreement to acquire the 146-room Adagio Aparthotel Edinburgh for £40.5 million.

Archangels, the Edinburgh-based business angel investment group, led investments totalling a record £23.7 million in promising Scottish tech and life sciences companies during 2021. In a packed year of corporate activity for Archangels, the 11 investments, totalling £23.7m (2020: £

The Scottish Retail Consortium (SRC) has called for further aid for the retail industry as it published a written response to the Scottish Government’s Budget held earlier this month.

Valneva SE, a specialty vaccine company, has announced that it is in advanced discussions with Scottish Enterprise for a £20 million grant which will enable it to fully complete its strategic manufacturing site in Livingston. Following the termination of the supply agreement with the UK Govern

Almost half (45%) of British firms have reported difficulties adapting to changes in rules for buying or selling goods brought about by the UK-EU Trade and Cooperation Agreement (TCA).

Pre-tax profits at Ledingham Chalmers have risen to £4 million, up from last year’s £3.6m. Turnover in the latest period totalled £12.3m, down from £12.7m the year before.

Borders-based cable company Emtelle has acquired Dubai-based microduct solutions provider Afripipes for an undisclosed sum. The firm said the move will expand its global footprint and enhance its capability to guarantee its global customers security of supply.

Edinburgh-based compression pioneer Vert Technologies (Vert) has received £1.9 million investment to expand the presence of its Conical Rotary Compressor (CRC) technology in the Refrigeration and Heat Pump sectors. Vert recently completed a £775,000 investment funding round, through the

RSM UK has advised telecommunications company, the Harlequin Group, on its sale to Telent, a technology company specialising in digital infrastructure. Founded in 1993, the Harlequin Group operates from its Scottish base in Livingston, with offices across the UK in Chatham, Bromsgrove and Manchester