Business

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Aberdeen-based STC INSISO has reported a turnover figure of £3.8 million in their first year since STC Global and INSISO merged in early 2021, an increase of £1m compared to the separate companies combined previous years. The amalgamated problem-solving company has welcomed 14 new client

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Scotland's private sector saw growth pick up at the start of 2022, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - pointed to an eleventh straight mon

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Software company Bitwise has opened a new office in Dundee's Technology Park. Formed in 1987 by its current managing director Craig McWhirter, the company develops high quality real-time, safety-critical software to international and industry standards.

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Edinburgh-based fintech LendingCrowd has closed a funding deal with Barclays, and a large global investment firm to support SMEs across Britain as they recover from the coronavirus pandemic and return to growth. The funding will be delivered via the British Business Bank’s Recovery Loan Scheme

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Edinburgh-based financial services firm Aegon UK has posted an operating profit of £158 million in 2021. This is an increase from the £128m posted in 2020.

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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

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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

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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

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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

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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

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