Campion Homes has posted strong financial results for the year ended 30 June 2024, with a 122% increase in gross profit to £7.6 million and a 24% rise in turnover to £45m. Net assets also increased by £2.2m to £12.7m. This follows a steady level of private house sales and con
News
Nvidia CEO Jensen Huang's net worth has surpassed that of long-time competitor Intel's market cap, reaching around $109 billion (c. £83bn), over $10bn (c. £7.6bn) higher than Intel's $96bn (c. £73bn) market capitalisation. This situation has led to speculation, albeit mostly humoro
Aberdeenshire-headquartered integrated services provider AquaTerra Group has surpassed £3 million in revenue from renewable energy contracts. This success follows its first renewables project in 2020, which involved the hook-up and commissioning of the BorWin3 offshore substation in Germany. U
The UK and Scottish governments joined local leaders last week to mark ten years of the Glasgow City Region City Deal and to reflect on what has been achieved through the £1.13 billion of funding. One of the largest and the most advanced in the UK, Glasgow’s Deal has delivered a range of
Law firm Davidson Chalmers Stewart has promoted its head of construction, Simone Young, making her the firm’s 13th partner. Recruited in 2015, Ms Young is a non-contentious construction law specialist with extensive experience acting for a variety of clients across the sector. Based in Davidso
A development site with planning permission for more than 60 homes in a Renfrewshire village has been acquired by Scottish businessmen Sandy and James Easdale. Balrossie, in the village of Kilmacolm, has been purchased by the family for an undisclosed sum.
The Financial Reporting Council (FRC) has updated its guidance for actuaries using artificial intelligence and machine learning (AI/ML). The revised guidance helps actuaries apply the principles of Technical Actuarial Standard 100 (TAS 100) when using these techniques, ensuring the continued product
The Competition & Markets Authority (CMA) has closed its investigation into Barratt Development’s acquisition of Redrow, paving the way for the £2.5 billion merger.
Culture & Business Scotland (C&BS) has named five projects which will benefit from the C&BS Fund, which aims to foster innovative collaborations between the business community and Scotland's vibrant culture sector. This round of Scottish Government-backed funding will support five distin
Up to 45 young Scots are set to benefit from a series of financial education programmes delivered by UK charity MyBnk following a donation from SafeDeposits Scotland.
Staff at Scottish Friendly in Glasgow have taken part in the 'Boycott Your Bed' challenge to raise funds for Action for Children.
Indignant chicken owners crashed a new online portal for registering their animals after signing up roast chickens and ready meals in protest. New rules require chicken owners in England and Wales to register any chickens they have which are kept outdoors, with penalties of up to six months' impriso
Legal & General has welcomed two new tenants to its bespoke 140 West George Street office development in Glasgow city centre.
Alternative finance lender Reward Funding provided a Prestwick-based restaurant owner with £1.14 million to complete the transformation of a new four-star boutique hotel and unlock business growth opportunities within the area’s lucrative golf tourism industry. The funding solution
Glasgow-based specialist workforce optimisation software provider Corporate Modelling Services Ltd (CMS) has secured £750,000 in equity funding from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank. CMS helps clients to transf