Business

UK mutual insurer Royal London has announced profits of £109 million for H1 2022 in its interim results. The rise in operating profits before tax is an increase of 36.25% from £80m (H1 2021) and comes after 140,000 new pension policies were taken out by customers in the first half of the

Following a £2 million investment a new business aimed at guiding organisations through the carbon-offsetting journey has been launched. The brainchild of Renwick Drysdale, Akre builds on his forestry heritage and is an evolution of the woodland creation consultancy, Kilrie Trees.

Asset and wealth management firm AssetCo, run by Martin Gilbert, has completed the acquisition of Edinburgh-based investment service Revera Asset Management, for a reduced price. AssetCo has purchased the firm for an effective total consideration of £2.8 million to be satisfied by the issue of

Young people awaiting their exam results tomorrow have been reminded of the value of their qualifications and the many different career pathways and opportunities ahead in an open letter from Scottish business leaders. Students have faced a number of challenges over the last few years, with covid-19

Business activity across the Scottish private sector increased at only a fractional pace during July, 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 outp

Rapidly growing payment orchestration provider BR-DGE has announced a merchant partnership with Travel Counsellors. This partnership will provide the business with access to a multitude of payment providers and alternative payment methods via BR-DGE’s orchestration platform, ultimately ensurin

Permanent job placements in Scotland expanded at the softest pace in 17 months as greater economic uncertainty dampened overall hiring plans, according to the latest Royal Bank of Scotland Report on Jobs survey.

Business transformation and advanced data science consultancy Optima Partners has received £2.3 million from investment company BGF. Optima Partners is an Edinburgh-headquartered data science and transformation consultancy founded in 2013, with offices in London and Bristol.

Office take-up in the first half of the year across the three largest Scottish cities saw Aberdeen outstrip activity in Edinburgh and Glasgow, according to the latest research from Savills.

Investment into Scottish commercial real estate reached a four year high in the first six months of 2022, according to Colliers’ latest Scotland Snapshot.

Bancon Group has bounced back from the pandemic with a 1,250% boost to pre-tax profits, rising from £200,000 to £2.7 million in the latest financial year. The Aberdeenshire housebuilder and construction group saw its turnover rise by £40 million on the previous year to reach £

A plot of land which once formed part of the former Tate & Lyle sugar refinery in Greenock is being proposed as a new £15 million 46-home private housing development by Sandy and James Easdale, the owners of Easdale Investment Group.

Michelin Scotland Innovation Parc (MSIP) has announced OTG Ltd as the latest company to locate to the business park. MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, a new initiative in Dundee for sustainable mobility and decarbonisation, which aims to drive growt

Fast-growth businesses in Scotland attracted over half a billion pounds of venture capital (VC) investment in the first half of 2022, according to the latest figures from KPMG UK. Despite investors becoming more cautious globally, there were 45 investments completed in Q2 2022, raising over &po

Global wealth management firm Investec Wealth & Investment has announced that it will acquire Edinburgh-based wealth management company Murray Asset Management for an undisclosed sum. The acquisition of the firm, which will see the transfer of the 20-strong team of staff at Murray Asset Manageme