News

A £100 million multi-let industrial property investment fund managed by property investment company JR Capital and industrial asset manager Chancerygate has concluded its first deal in Scotland with the acquisition of Clyde Gateway Trade Park in Rutherglen for £2.35m. Comprisin

Specialist lender Reditum Lending has provided Allanvale Land Investments with a bridging loan of £10.8 million for a major residential and commercial development in South Ayrshire.

Highlands and Islands Enterprise (HIE) has approved £4.5 million of funding for two new stages in its development of the European Marine Science Park (EMSP) at Dunstaffnage near Oban.

All FinTech Scotland and Scottish fintech firms have today signed the FinTech For All charter. The charter is an industry-led initiative to promote diversity and inclusion in fintech. It was established in 2020 and is a commitment to use diversity and inclusion as a force for innovation and gro

More than one in three SMEs (39%) are planning to reduce the size of their office requirements in the months ahead, according to Grant Thornton’s International Business Report.

Dental Care Perth, a dental practice that over the last two decades has advanced treatments available to patients in and around Perth, has been acquired by Scotland’s largest dental group Clyde Munro Dental Group. Dental Care Perth has established a reputation as a provider of high qualit

BNI Scotland North, a networking organisation that generated £14 million worth of business for members in the past year, is to launch two new groups. Despite the ongoing COVID-19 crisis, BNI Scotland North plans to grow its portfolio of chapters from 15 to 17 with the addition of the new onlin

A man who stole a pair of handcuffs more than 60 years ago has sheepishly returned them to the police.

BDO, the liquidators of the Old Co Rangers FC, are seeking £28.9 million from the club’s former administrators who have been accused of failing to effectively manage the finances of the club. Lawyers for BDO have initiated legal action against David Whitehouse and Paul Clark, claimi

The Competition and Markets Authority (CMA) has stopped Clydesdale Bank from forcing small business customers to open a business current account with it to get a COVID-19 Bounce Back Loan. The watchdog found that Clydesdale, which is owned by Virgin Money, was in breach of legal undertakings that pr

Azets is celebrating the start of National Apprenticeship Week by announcing that the business has recruited 443 apprentices during the current financial year. Across the UK, Azets has over 900 students and trainees studying professional qualifications, of which 443 are following the apprenticeship

UK bosses have hit out at a government plan to shake up the audit industry by imposing fines and bans on directors for inaccuracies in their companies’ accounts.

Glasgow entrepreneur Craig Alexander Rattray hopes to prevent companies going bust during lockdown with a new book on the importance of cash flow. Penned in partnership with Canadian accounting expert Jeff Borschowa, it is designed to provide owners with all they need to know to keep their businesse

Chancellor Rishi Sunak has announced a 'pay as you grow' system for UK firms allowing them to extend COVID-19 Bounce Back loans from six to ten years. The announcement means that from today, the 1.4 million UK small businesses that borrowed money from the bounce back loan scheme will be more protect

The UK’s new, empowered audit watchdog will not be launched until April 2023 despite business secretary Kwasi Kwarteng’s pledge to prioritise reforming the sector after a series of accountancy scandals.