News

Growth capital investor BGF has successfully completed its exit from Glasgow-based independent IT managed service provider Kick ICT. LDC, the private equity investor affiliated with Lloyds Banking Group, has made a significant investment in the company. BGF originally invested £8.5 million in

Global real estate advisor CBRE has predicted a modest 0.8% decrease in house prices in Scotland for 2024, slightly below the UK average of 0.9%. However, a positive outlook emerges as CBRE foresees a rebound in 2025 with a 4.2% rise to £187,589, and a further 5% increase in 2026, reachin

Shepherd Chartered Surveyors has expressed a positive outlook for the North of Scotland's housing market in 2024. While the latest Royal Institution of Chartered Surveyors (RICS) residential market survey saw both lower demand and supply in the Scottish property market, resulting in a fall in the nu

Lindsays has revealed a second successive year of sales totalling in excess of £170 million through its residential property teams based in Edinburgh, Dundee and Perth during 2023. The total has been hailed a significant success for the firm in the face of what it describes as a “long ha

Strengthening its Scottish team, Virgin Money has appointed Adam Galbraith as agricultural business manager for Central Scotland. Effective from the 1 January 2024, the appointment further underlines the bank’s long-term commitment to build a growing team of specialist advisors for a farming i

A Glasgow agency originally set up in the 1980s by a late veteran of the city’s advertising industry has almost doubled its sales in the last year. GRA – started as Guy Robertson Advertising in 1986 – is now run by the eponymous founder’s daughter, Jemma Robertson, 26, and ex

Budget supermarket Aldi will continue its expansion in Scotland with plans to invest more than £56 million over the next two years. The move will see the discount retailer open three new stores in Broughty Ferry, Straiton and Castle Douglas this year.

Campion Homes has posted pre-tax losses of £864,071 after sales fell by more than £12 million last year. Accounts show turnover for the Fife-based housebuilder fell from £48.5m in 2022 to £36.3m for the year to June 2023.

PwC has warned that nearly 30,000 businesses across the UK are set to fail next year, marking the highest corporate insolvency levels since 2004. The Big Four firm predicts a 15% surge in insolvencies over the next 12 months, with small businesses, particularly in catering and hotels, facing the gre

Scottish exports to the EU fell by up to 25% two years after Brexit as trade with the rest of the UK rose, according to new figures from the Scottish Government.

A couple have recovered $3,550 (around £2,800) after their dog ate $4,000 (around £3,150) in cash.

Burges Salmon has advised LIND Limited, a pioneer in alternative battery storage systems, on the £900,000 seed investment it secured from Green Angel Ventures, Scottish Enterprise and the University of Strathclyde. The funding will help drive LIND’s innovation efforts and support the com

Harper Macleod has reported profit before members’ remuneration and profit shares of £11.95 million for the year to March 31, 2023 – a slight drop on the £12.8m recorded for the previous period. Turnover at the firm rose to £33.05m from £31.4m.

Archangels invested more than £13.8 million during 2023 in eleven of Scotland’s best early-stage tech and life science companies. The total investment for 2023 among 11 businesses represents a small increase on Archangels’ investment activity in 2022 (£13.4m).

Ice-cream brand Mackie’s of Scotland has recorded an impressive 15% increase in turnover, for the financial year ending May, 2023 from £17.7 million to £20.8m, but this was not translated into increased profits, which stayed static at £1.1m as the family-owned business absorb