News

Corporate insolvencies in Scotland were 18% higher than in October 2023, according to new figures released today.

Real estate advisor CBRE has established a dedicated planning division in Scotland, significantly expanding its planning and development expertise to support its broader service offerings. CBRE has welcomed a talented team of four professionals who will work closely with colleagues covering developm

Hospitality group Artfarm, the owner of the luxury Fife Arms Hotel in Braemar, has posted losses of more than £6.6 million last year.  Newly published accounts for the company have revealed that pre-tax losses soared from £3.3m in 2022 to £6.6m in 2023. 

Edinburgh-based ITZA has added to its leadership team as the digital learning startup prepares for a global rollout and embarks on an external investment round.   Simon Riddlesden has joined ITZA as chief commercial officer, joining from Video Arts, the global e-learning group founded by John C

PwC UK’s annual Black Friday survey shows that 41% of Scots say they’re interested in buying this year - up from 35% last year.

Lesmahagow-based fleet vehicle graphics firm, OPG, is on track to increase turnover by 40% following continued business growth since a management buy-out (MBO) in late 2022. OPG’s primary focus is the design and production of branding and wraps for vehicles, working with household names across

Cytomos, an Edinburgh-based biotechnology company, has raised £5 million to scale up production of its unique cell analysis technology. The oversubscribed funding round was led by existing investors Archangels with participation from Old College Capital, Scottish Enterprise and British Busines

Edinburgh-based fintech Modulr has acquired the accounts payable automation disruptor Nook for an undisclosed sum.  Both companies have urged that they share a mission to address inefficiencies, remove manual steps and enhance the security of business payments. These are significant concerns, a

Perthshire housebuilder Hadden Construction left hundreds of subcontractors and suppliers almost £7 million short when it collapsed into administration earlier this year.

The University of Strathclyde’s former Student Union building on John Street will be transformed into a digital, entrepreneurial and social engagement hub, thanks to the support of a successful alumnus donor.

University of the West of Scotland (UWS) bestowed an honorary doctorate upon Angela Noon OBE, group chief financial officer of Spectris PLC, during its winter graduation ceremony at Paisley Abbey on 15 November. In addition to her position as CFO of precision instrumentation and controls group Spect

Youth charity The King’s Trust has today announced the Scotland roll-out of Business Advance, a programme designed and developed in partnership with LDC, to help young entrepreneurs sustain and grow their businesses through the first three years of trading. Business Advance is an extension of

Wbg has introduced a new financial wellbeing support service aimed at employers seeking to help colleagues access debt support. Paul McDougall, insolvency practitioner at Wbg, said: “Managing debt can be overwhelming and stressful, affecting employees personal and work lives, including job per

EPM Solutions, an expert in engineering asset management, has announced its transition to an Employee Ownership Trust (EOT). Founded in 2002, EPM has built a strong reputation in providing expert professional services for an enviable blue-chip customer base who operate in asset intensive, industrial

Alternative finance lender Reward Funding, which has also offices in Dunfermline, has achieved a significant milestone by surpassing a £300 million loan book for the first time in its history. With thousands of SMEs benefitting from £1.2 billion of Reward Funding’s support since it