News

Advanced space camera technology firm Metahelios has been named as one of the 12 new ambassadors for the Start Up Loans programme, an initiative of the British Business Bank. The programme has delivered more than £63 million of loans to 6,900 Scottish start-ups, at an average value of £9

Responsible finance provider SIS Group has seen a return to ‘business-as-usual’ as resilience funding decreased and demand for other funds reached near pre-pandemic levels, as detailed in its latest annual report. During the financial year ending 31 March 2023, the group, encompassing So

The Scottish property market is due to follow the same trajectory as England and Wales, experiencing a slowdown as housing supply remains steady but consumer ability to buy continues to be restricted, according to Landmark Information Group’s latest property trends report.

Amid a challenging economic backdrop and a slump in the deals market, KPMG has announced it is instituting new austerity measures within its UK operations. The firm is set to slash around 110 positions in its deal advisory department, constituting approximately 7% of the sector's nearly 1,700 person

Scotland has witnessed superficial growth in retail sales, increasing by 6.1% in the five weeks leading up to 30 September 2023, compared to the same period in 2022, slightly down from the previous year’s 6.5% growth. However, when adjusted for the prevalent inflation, with both the SPI and CP

Scotland is poised to issue its own government bond for the first time, a move set to finance critical infrastructure projects. First Minister Humza Yousaf disclosed plans for the bond's issuance by the culmination of the current parliamentary tenure, following comprehensive due diligence and analys

CPI Inflation in the UK has remained steady at 6.7% in September, defying the Bank of England's prediction of 6.9%. This consistent figure, primarily influenced by a rise in petrol costs counterbalanced by a decrease in food prices, reinforces expectations that the Monetary Policy Committee (MPC) wi

Dundee-based C J Lang & Son Limited, the family-owned SPAR wholesaler and convenience retailer, has demonstrated resilient financial performance. The company's annual financial report for the year ending 30 April 2023 showed a promising 10.3% surge in pre-tax profits to £3.7 million and a

Panoramic Growth Equity, and Maven Capital Partners, through its professional client investment platform, Maven Investor Partners, have backed the management buyout of Glasgow-based distribution and logistics specialist Bullet Express. The transaction includes a multi-million pound investment from P

Police are looking for thieves who stole 35 portable toilets from a racetrack. The cubicles, some of which had not been emptied, were taken from Ludlow Autograss Club in Pencombe, Herefordshire on Sunday.

Two professional services firms have signalled their support for female founders by providing funding for their families to travel to one of the world’s biggest tech conferences. Chartered accountancy and business advisory firm Johnston Carmichael and Thorntons are backing the initiative, orga

The Scottish Government is holding discussions with key build to rent (BTR) investors in London to discuss the Scottish rental housing market and reform proposals,  The meeting was facilitated by property firm Rettie & Co at the request of Minister for Housing Paul McLennan.

Tech-enabled business critical services group AAB has expanded its reach with the acquisition of Elstan HR, a South-East England-based outsourced and integrated HR firm, as part of its strategy to further extend the HR consultancy services offered across the group. Founded in 2015 by current MD

Abrdn has reached an agreement to divest its European private equity division in a deal valued at approximately £100 million. The acquiring party is Patria Investments, a firm with a presence on the Nasdaq stock exchange. The transaction involves private equity assets under management (AUM) to

People who use their own cars for business trips are being left out of pocket by “severely outdated” mileage rates, the Association of Taxation Technicians (ATT) has warned. Employees can be reimbursed for business travel tax-free - provided that their employer uses HMRC approved rates.