News

Foresight Group, the listed regional private equity and infrastructure investment manager, has announced the launch of a new £60 million fund dedicated to investment in Scotland. The first close was supported by cornerstone commitments from Strathclyde Pension Fund and British Business Investm

Sentiment among financial services recovered in the three months to December (+10% from -55% in September), despite gloomy expectations for activity in the quarter ahead, according to the latest CBI/PwC financial services survey.

Evelyn Partners, wealth management and professional services group, has appointed David Rankin as the new managing partner covering its Edinburgh and Aberdeen offices.

Digital health company PneumoWave has announced the closing of a £7.5 million Series A financing. The funding for the Eurocentral-headquartered company will be used to continue clinical trials of its biosensor technology that monitors potential fatal respiratory changes.

The Institute of Chartered Accountants of Scotland (ICAS) has welcomed the announcement of new measures to protect consumers who use tax repayment agents and the publication of an updated HMRC standard for agents. This follows a consultation last year.

Royal Bank of Scotland owner NatWest has announced a new cost of living support package for personal customers and community partners.

The London stock markets witnessed a significant decline (90%) in IPO activity in 2022, with just 45 issuers listing during the year, a 62% decline when compared to the record 119 recorded in 2021.

Two skateboarding fanatics have transformed a church into a skate park after successfully raising thousands of pounds on a crowdfunding site.

Amazon has said it plans to close its distribution centre in Gourock and has launched a consultation with staff, but has yet to provide details of when the base will close.

Commercial property expert Stephanie Nichol has been made a partner at Balfour and Manson. She has specialised in commercial property for more than 20 years and has high-level experience across the sector, working with a very wide range of clients.

Stagecoach Group Limited has announced the appointment of Bruce Dingwall to chief financial officer, effective 1 February 2023. Mr Dingwall is currently director of finance at the group and has been with the business for nearly 10 years.

Scottish builder, James Walker (Leith) Ltd has reported a 73.2% rise in pre-tax profits to £29.6 million, for the year ended 31 March 2022, up from £17.1m from the previous year.

Payment orchestration provider, BR-DGE announced a three-year partnership with Visa to offer innovative payment solutions to merchants and consumers, giving them greater choice in how they pay and get paid. Through a single point of integration, Edinburgh-based BR-DGE offers a wide range of pay

Pufferfish, which uses its spherical displays to create immersive solutions for a wide range of clients including Google, NASA, BBC, Fortum, Amazon Prime and Aramco, has exceeded its £600,000 target in the its latest funding round. The Edinburgh tech firm will use the funding to expedite its g

Estate agency firm, Rettie & Co. has appointed Sarah Curtis, formerly of Savills and Strutt & Parker, as director of new homes. This senior level appointment has been made to support their new homes sales and marketing team, who have been responsible for selling over £100 million of ne