News

The Scottish National Investment Bank (SNIB) has committed a further £20 million to the mid-market rent strategy managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The bank’s follow-on investment will support the development of up to 100 new homes

The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses, just six months since the fund was launched to improve access to finance and provide a boost to the Scottish economy. The milestone comes as five new debt fu

The Chartered Institute for Securities & Investment (CISI) has named Jonathan Gibson, CFP Chartered FCSI, and Shaid Moughal ACSI as new co-presidents for the CISI Scotland committee. They will be taking over from Dorothy Hamilton MCSI.

Unity Trust Bank has promoted Scott Hutchinson to deputy regional director, alongside the appointment of two new relationship managers to its Scotland team. Mr Hutchinson first joined Unity in 2019 as relationship manager, primarily working with independent operators in the charity/third sector

Growth capital investor BGF has made a £2.5 million follow-on investment in Edinburgh-based Hyble, a provider of marketing technology to the global drinks and hospitality sector, as part of a £2.8m funding round.

An artist who was made homeless after being evicted by his private landlord in London has started saving money by effectively commuting from Argentina.

Wright, Johnston & Mackenzie is calling for accelerated progress on investment zones and freeports to bolster economic growth, after its analysis showed a concerning downturn of foreign interest in Scottish businesses. The specialist business lawyers analysed industry data, indicating a sig

Figures from Aberdeen Solicitors Property Centre (ASPC) show that the number of properties for sale during the first quarter of 2024 has risen 10% on last year.

Northern Irish manufacturer and supplier of kitchen, bedroom and bathroom furniture, Woodland Kitchens, has agreed a deal to acquire Dundee-headquartered, JTC Furniture Group, in a transaction backed by investment from growth capital investor BGF. JTC is a manufacturer and supplier of fitted fu

The number of companies in Scotland filing for administration has hit its highest Q1 rate since before COVID-19, according to figures from Interpath Advisory.

R&B Distillers has secured planning permission from Argyll and Bute Council to establish the Machrihanish Distillery in Campbeltown. Furthermore, R&B Distillers has acquired a controlling stake in Caskshare.com, an eCommerce platform and bottler specialising in single cask spirits.

A planning application has been submitted for a £10 million employment hub with industrial space for up to 10 businesses at Ravenscraig, one of Europe’s largest brownfield regeneration sites. The firm behind the development, Fusion Assets, was established by North Lanarkshire Counci

North-East accountancy and business advisory Hall Morrice has announced three senior promotions. Phil Bellringer and Mark Hay have been appointed as senior managers, while Ross Milne has been elevated to the position of manager.

Coventry Building Society has reached an agreement for a potential acquisition of The Co-operative Bank. The deal, valued at up to £780 million, follows exclusive talks between the two entities since mid-December. Pending definitive agreements, the acquisition is poised to reshape both institu

DM Hall’s expansion last year into the North of England with its acquisition of Cumbrian chartered surveying practice, Hyde Harrington, was officially marked this week with two launch events in Kendal and Carlisle. The Wine Bar in Lowther Street, Kendal and The Halston hotel in Warwick Road, C