A £21 million support package to support cultural and events organisations and freelancers experiencing cancellations due to the rapid spread of the new Omicron variant has been announced by the Scottish Government. This is to help manage the significant impact of the new guidelines around soc
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The latest Football Distress Survey, which has been conducted by Begbies Traynor since 2012, reveals that there has been no increase in the number of Scottish Clubs displaying signs of financial distress since the pandemic started. The findings are in contrast to a continuing credit crisis among Eng
Glasgow-based home architecture firm HOKO has passed its £500,000 fundraising target – and investment is still coming in as the campaign closes at midnight tonight. More than 300 investors have already backed the award-winning £15 million valued firm to become the undisputed brand
Rachel Wilson, a cyber specialist with Azets is warning that staff absences, illnesses, vulnerable systems and the requirement to work from home has created the perfect opportunity for criminals to target SMEs with weak IT security this festive period. Ms Wilson s warning that cyber-attacks such as
A barrister who claimed his colleagues had targeted him over farts he couldn't stop has lost his lawsuit against the English prosecution service. Tarique Mohammed, who worked for the Crown Prosecution Service (CPS), told an employment tribunal that he couldn't stop farting because of his heart medic
Up to 2,000 jobs and £1bn worth of future investment is expected to result from yesterday's signing of the Heads of Terms agreement between UK Government, Scottish Government and Falkirk Council in the transformative Falkirk Growth Deal. The agreement means 11 projects can now use a total of &
Glasgow Prestwick Airport has delivered an encouraging performance over the last 12 months, with total operating profit before exceptional items at £0.5 million. The business has shown a steady improvement in performance since the 2016/2017 accounts when operating losses stood at £7.8m.
Borders-based cable company Emtelle has acquired Dubai-based microduct solutions provider Afripipes for an undisclosed sum. The firm said the move will expand its global footprint and enhance its capability to guarantee its global customers security of supply.
Edinburgh-based compression pioneer Vert Technologies (Vert) has received £1.9 million investment to expand the presence of its Conical Rotary Compressor (CRC) technology in the Refrigeration and Heat Pump sectors. Vert recently completed a £775,000 investment funding round, through the
RSM UK has advised telecommunications company, the Harlequin Group, on its sale to Telent, a technology company specialising in digital infrastructure. Founded in 1993, the Harlequin Group operates from its Scottish base in Livingston, with offices across the UK in Chatham, Bromsgrove and Manchester
Scotland’s onshore GDP grew by 0.2% in October, according to statistics announced today by the Chief Statistician.
Michelin Development, which provides funding and advice to firms to drive growth in areas where it has previously had facilities, is backing innovative start-up Dundee Satellite Station Ltd. The programme, which provides funding and advice to firms with the potential to expand and provide high-quali
Edinburgh-based angel syndicate Equity Gap has reached a £25m investment milestone following its most successful year to date. Leveraging additional funding of over £100m for investee companies since its launch, these investments have helped create over 500 high quality jobs in Scotland,
Regent Terrace in Edinburgh has been named as the most expensive street in Scotland for the second year in a row.
The Prudential Regulation Authority (PRA) has fiend Metro Bank £5,376,000 for failing to act with due skill, care and diligence in relation to the regulatory reporting of its capital position. The bank has also been fined for failings in its regulatory reporting governance, controls and invest