News

Edinburgh-based cancer therapeutics development specialist Cumulus Oncology has successfully secured a £9 million funding package, including a significant contribution of £6m from the Scottish National Investment Bank. The funds are earmarked to bolster Cumulus's portfolio of companies d

In a bold move set to redefine the landscape of Scotland's property industry, Angela Wallace, the centre and operations manager at Tayside Property Solicitors Centre (TSPC), anticipates a pivotal role for AI in house sales throughout 2024. A digitised strategy, known as proptech, embraces the use of

Commercial investment volumes in Scotland for 2023 amounted to £1.493 billion, marking a 34% decline from the previous year, according to Savills.

A grisly horror movie and a violent video game are among the first new projects featuring Mickey Mouse following the expiration of US copyright protections. Mickey's first cartoon, Steamboat Willie – a roughly eight-minute black-and-white cartoon released in 1928 – entered the publi

Glasgow-based managed service provider Cloud Cover IT has been acquired by cyber security business Aspire Technology Solutions, and England-headquartered firm.

Shareholders of Glasgow-based Smart Metering Systems (SMS) now have an extended timeframe to deliberate the £1.3 billion takeover offer presented by US private equity firm Kohlberg Kravis Roberts (KKR)

In a move to strengthen its foothold in the lucrative American Whiskey market, whisky curator The Artisanal Spirits Company (ASC) has successfully acquired the entire trade and assets of Single Cask Nation, a renowned US-based bottling brand. The deal, structured with an initial payment and a potent

North Sea oil and gas operator Ithaca Energy has announced the departure of its chief executive officer, Alan Bruce, who led the company through its successful IPO in November 2022. Effective immediately, the board has appointed Iain Lewis, the chief financial officer, as the interim CEO while activ

The UK house prices have rebounded and registered a 1.1% increase in December, marking the third consecutive monthly rise, according to the latest Halifax House Price Index.

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