News

Scotland’s private equity market closed out a steady year in 2021, with a record number of midmarket deals despite total investment still falling short of pre-pandemic values, according to new analysis by KPMG UK. Despite the uncertainty caused by COVID-19, both volumes and value of mid-market

Aberdeen-based STC INSISO has reported a turnover figure of £3.8 million in their first year since STC Global and INSISO merged in early 2021, an increase of £1m compared to the separate companies combined previous years. The amalgamated problem-solving company has welcomed 14 new client

Scotland's private sector saw growth pick up at the start of 2022, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - pointed to an eleventh straight mon

Henderson Loggie has created a new resource for start-ups that covers everything new businesses need to know to get off the ground and grow. The accountancy firm which has offices across Scotland specialises in supporting businesses through every stage of growth and has collated top tips and expert

The Financial Reporting Council FRC has outlined its preliminary thoughts to the International Sustainability Standards Board (ISSB) on the prototypes published by the Technical Readiness Working Group to support the development of International Sustainability Standards. The FRC has said it strongly

Chartered accountants Wylie & Bisset has warned the construction sector against a perfect storm of economic challenges putting pressure on their cash flow. Mark Mulholland, partner in the firm’s Business Advisory department, advised those smaller to medium sized construction firms that typ

UK gross domestic product (GDP) is estimated to have increased by 1.0% in the final quarter of 2021, according to the latest statistics published by the Office for National Statistics  (ONS).

The number of people who fell victim to a romance scam increased by more than 16% over the last year, according to new data from Lloyds Bank.

A security guard has been sacked after defacing a valuable Russian painting by drawing eyes on its blank-faced figures with a ballpoint pen. The guard took a pen to Anna Leporskaya's avant-garde painting Three Figures on his first day working at the Boris Yeltsin Presidential Center in the city of Y

Royal Bank of Scotland, under the NatWest Group, has today announced it is launching green loans, and through Lombard, green asset finance propositions for qualifying SMEs, with no arrangement fee, to help them achieve their sustainability ambitions. Following the announcement of the group’s a

Eight months since successfully launching in mainland Europe, Gin Bothy has announced its plans to export to the USA. Angus based Gin Bothy has now partnered with Total Wine & More, America‘s largest independent retailer of fine wine, to sell Gin Bothy’s Original and Gunshot Gins in

The 2022-2023 Scottish Budget Bill has been backed by MSPs. During the Stage 3 debate in the Scottish Parliament, finance secretary Kate Forbes announced a further £290 million in financial support to help address the rising cost of living.

Software company Bitwise has opened a new office in Dundee's Technology Park. Formed in 1987 by its current managing director Craig McWhirter, the company develops high quality real-time, safety-critical software to international and industry standards.

The University of Strathclyde has appointed Mairi Spowage as Professor of Practice and director of its prestigious Fraser of Allander Institute (FAI). Professor Spowage takes up the role after being acting director for the last year.

Surveyors in Scotland reported more prospective home buyers in January, a sign that soon-to-be buyers aren’t suffering from the winter blues, however, this came before the most recent rise in interest rates, according to the latest residential market survey from the Royal Institution of Charte