News

The number of start-ups in Scotland has reached its highest level for five months, according to new research from R3, the insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows there were 3,147 new Scottish firms set up in January 2023 – the highest r

Interpath Advisory has sold Armadilla Limited and its assets to Hoffbauer Holding Limited. Blair Nimmo and Alistair McAlinden from Interpath Advisory were appointed joint administrators to Armadilla Limited on 20 December 2022.

A Glasgow-based housing developer is expanding its portfolio of sustainable apartments in a bid to grow its green-energy offering, thanks to support from Bank of Scotland. Carmichael Homes has been operating across central Scotland since 2012 and delivers luxurious but affordable homes. To date, it

Allied Surveyors Scotland has acquired the business and goodwill interests of Edinburgh Commercial Property (ECP) for an undisclosed sum. Leith-based ECP, which has been led by founder and owner Scott Mitchell for over 25 years, will now transfer its staff to Allied Surveyors’ commercial agenc

KPMG UK has appointed Fiona Robertson as associate director within its corporate finance M&A team in Scotland. Ms Robertson joins the professional services firm from Azets, where she was director of corporate finance for the past two years.

Shoosmiths advised on more than 400 transactions with an aggregate deal value of £5 billion from January to December 2022. Corporate activity levels remained elevated throughout last year, with the firm's corporate team working across a record number of deals spanning private equity, mergers a

Goodstone Living has agreed £67 million of debt financing with Natwest for the development of its next generation build-to-rent residential community in Edinburgh.

Scotland has seen the UK’s largest number of smaller business equity deals in net zero sectors outside of London, according to new research released today by the British Business Bank. The Bank’s Small Business Finance Markets 2022/23 report found that Scotland accounted for 14% of net z

Bob Barr has joined the board of Action for Financial Inclusion (AfFI), the charitable CIC which has developed payroll saving in Scotland. AfFI is funded by the Scottish Government through leading credit unions.

Edinburgh-based payment orchestration provider BR-DGE has partnered with payments firm Total Processing to drive better payment experiences for merchants and customers. Merchants will now be able to complement BR-DGE's services with Total Processing’s solutions, offering them access to its net

Inverness’ first distillery in 130 years has officially opened, reconnecting the highland capital with its proud but lost whisky and brewing history. The £7.5 million Uile-bheist distillery and brewery on River Ness, powered by a low carbon sustainability centre on site, is expected to a

Edinburgh-based Capital Credit Union (CCU) is offering football fans an interest free loan to buy their season tickets, in the first scheme of its kind in the UK. CCU has partnered with Hibs to offer the club’s fans an ethical, interest free loan to help spread the cost of supporting their tea

Cairney & Company, a Scottish female-run fundraising consultancy advising global clients has seen a 60% growth in turnover year on year in 2021/2022, after accessing specialist support from Business Gateway, Scotland’s national business advisory service.

Business confidence in Scotland rose four points during February to 14%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Sandy Merson, Group Head of Operations and Maintenance at Petrofac (L) and Alan McQuade, Group Managing Director, ICR (R) Bridge of Don-based ICR Integrity (ICR), global provider of specialist repair, inspection and integrity solutions, has announced the re-award of their Master Service Agreement (M