News

According to the Scottish National Investment Bank (SNIB), the first full year of operations for the Scottish Government-owned bank has been one of significant progress. According to the lender, the bank’s team has been substantively recruited, many of its operational systems have been put in

Fast-growth businesses in Scotland continue to attract huge volumes of venture capital (VC) investment, despite the uncertain geopolitical and macroeconomic environment, according to the latest figures from KPMG UK. Scottish scaleups saw 41 deals completed in the first three months of this year, rai

Hundreds of delegates will gather in Edinburgh as an international event, the World Forum for Foreign Direct Investment (FDI), highlighting Scotland as a world-leading destination for investment and business location begins today.

Globally focused strategic space marketing firm AstroAgency, headquartered in Edinburgh, has announced it will team up with a Dubai-based space investment and advisory company AzurX, to support space businesses in both regions, access new development opportunities and forge collaborative partnership

Scottish consumers deem the government’s financial services reforms as out of touch and elitist, putting the City of London first and repeating the mistakes of the past – according to new research published today by the Finance Innovation Lab.

Business activity improved for the fourteenth consecutive month in April, according to the latest Royal Bank of Scotland PMI, as the seasonally adjusted headline Royal Bank of Scotland Business Activity Index rose to 58.9 in April, up from 58.4 in March and indicating a faster increase in private se

International law firm Addleshaw Goddard has launched its search for the best high-growth tech businesses to join its 5th AG Elevate programme – an accelerator for those looking to become the next tech unicorn. AG Elevate is a fast-track 10-month programme designed to advance tech businesses i

Edinburgh entrepreneur John Ross aims to encourage more people to set up their own businesses with the launch of Scotland’s first window cleaning franchise. As managing director of CleanTEC, he established the firm in 2009 and has overseen consistent growth for the past 12 years. During that t

The Big Issue Group (TBIG) has hit a breakthrough of equipping 1,000 of its vendors with contactless technology via the Zettle by PayPal card reader, marking a 68% increase since this time last year. In addition, it is quickly fast-tracking to its goal of enabling all 1,500 vendors to become cashles

Helena Murphy, a Glasgow-based entrepreneur who has helped more than 160 companies raise in excess of £50 million, says her home city should have a ten-year ambition to become the Silicon Valley of the UK. Ms Murphy, who founded Raising Partners in 2017, said Glasgow’s mix of talented en

Archangels, the Edinburgh-based business angel investment syndicate, has appointed Ian Macleod as the new chair of its board. The former investment analyst and fund manager takes over the helm from Eric Young, who has held the position since 2014. Eric will continue to sit on the Archangels board.

Perth-based insurance broker GS Group has acquired Dundee-based Strathtay Insurance Brokers for an undisclosed sum. The Dundee firm, which is based on Clepington Road, was founded in 1974 by Charles Robertson. As a result of the acquisition, his successors Nigel, James and Hannah Robertson will tran

Auction house Christie's is set to auction a Deinonychus dinosaur skeleton in New York this week. The Deinonychus antirrhopus skeleton is estimated to sell for between $4 million and $6 million, Artnet News reports.

The Alternative Board (TAB), an Aberdeen advisory firm that helps North-east businesses to grow has backed a charity initiative to support start-ups in Kenya. TAB has decided to back the Gathimba Edwards Foundation's (GEF) Two Feet Initiative which enables families to plan, start and run their own b

Corporate finance specialist Dow Schofield Watts has opened a new office in Edinburgh as part of its plans to build its presence in Scotland. The firm, which has an existing office in Aberdeen, is also expanding its services to include fundraising for private equity firms and infrastructure investme