News

Edinburgh-based B2B software as a service (SaaS) learning and training management software provider Administrate Limited has completed a £3.05 million funding round. A £1m investment was provided by the Investment Fund for Scotland (IFS), Equity Finance, managed by Maven Capital Partners

The number of overdue invoices in Scotland has reached its highest level this year, according to R3. R3, the UK’s insolvency and restructuring trade body, analysed data provided by Creditsafe revealing that businesses in Scotland had 538,172 unpaid invoices on their books last month – th

ESPC has conducted a study into the property market across Edinburgh, the Lothians, Fife and the Borders, to uncover the locations that buyers move from, and where they most frequently move to. The report looks back at the property market from January 2019 to July 2024, considering where buyers are

In a sign of the strong potential of the UK economy, 468,000 new firms have started up in the first half of 2024, according to the New Startup Index, published by Beauhurst and supported by Royal Bank of Scotland (RBS).

A proposed £2.5 billion merger between UK housebuilders Barratt Developments and Redrow looks set to go ahead despite concerns from the competition regulator.

The first £1 coin featuring King Charles III has entered circulation.

The challenges faced by small and medium-sized home builders and the need for urgent regulatory reform to get this crucial part of the Scottish housing market growing again are being spotlighted this week with a range of activities including a special roundtable session with the ministers for housin

The Scotland Women’s Business Conference & Awards, set to take place on 29 October at the Edinburgh Royal College of Physicians, has unveiled the first 20 finalists for this year’s awards. These businesswomen have been recognised for their exceptional achievements and contributions a

Prosafe Offshore Ltd, a provider of semi-submersible accommodation vessels, has relocated its Aberdeen operations to Kingshill Park in Westhill. The Norwegian company, listed on the Oslo Stock Exchange, has signed a 5-year lease with Knight Property Group for a 4,280 sq ft office suite in Pavil

Two billionaires are apparently fighting after one accused the other of stealing mounds of sand from a public beach for his own private construction project.

Property consultancy Bidwells has appointed Jake Shaw-Tan as its new head of rural agency, Scotland. Shaw-Tan’s background includes heading up the agency department for Galbraith in Ayrshire, where he managed a team handling a diverse portfolio of rural properties, including building plots, co

Private equity firms are considering making a bid to acquire Grant Thornton UK, the sixth-largest accounting firm in the UK, with potential bids valuing the firm at around £1.5 billion. A formal sale process could kick off as early as next month. 

Lerwick Distillery Ltd, founded in 2022 by Martin Watt and Calum Miller, is on track to become Shetland's first whisky distillery With the recent arrival of copper stills and distilling equipment at its Lerwick premises, the distillery is set to open later this year.

Highlands and Islands Enterprise (HIE) investment in the last fiscal year has bolstered Orkney's economy, with supported businesses and communities projected to create 80 new jobs. HIE’s outturns for 2023/24 were achieved through a combination of financial and non-financial interventions by th

Aberdein Considine has been recognised with a Princess Royal Training Award for its mortgages induction programme. The firm was commended for its commitment to training and the positive impact this has on both its people and the organisation. The programme is a tailored onboarding, training and deve