News

Scottish private sector output rose at an accelerated pace in February, 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 - rose to 55.5 in February, from

Distiller Eden Mill St Andrews has received full planning permission to build its stunning new distillery and visitor centre in St Andrews. A 50-year land lease has been agreed and signed with the prestigious and world-renowned University of St Andrews .

A major tech conference that stemmed from a landmark report written by former Skyscanner chief Mark Logan will be a ‘game-changer’ for the industry in Scotland, according to Entrepreneurial Scotland.  The Raising Partners Live conference in Glasgow has been hailed as an opportunity

The EIE Investor Readiness Programme, delivered by the Bayes Centre at the University of Edinburgh, has announced a list of 36 high growth tech businesses selected for EIE22. EIE, which is supported by the Scottish Government, culminates at the EIE Showcase Conference on Thursday 6th October, where

Livingston-based Mutugga Distillery has its sights set on global expansion with the launch of a £300,000 equity crowdfunding campaign. The firm is the UK's first black female-owned distillery, and married co-founders Jacine Rutasikwa and Ugandan-born head distiller Paul Rutasikwa hope investme

Over 600,000 adults in Scotland either entered debt during the pandemic, or saw their pre-existing debt get worse, according to analysis from Citizens Advice Scotland (CAS). Analysis by the charity of polling by YouGov found that 364,004 Scottish adults had debt before the pandemic which has gotten

McGill, one of the largest employers in Tayside, is today celebrating the third anniversary of the takeover of the business by top Scottish businessman Graeme Carling, and his investment business United Capital. On 13th March 2019, United Capital, led by Dundee-born entrepreneur Graeme Carling, resc

South West Scotland’s first Pepe’s Piri Piri restaurant is set to open on 15th March thanks to a six-figure funding package from HSBC UK secured by franchisee Adnan Manzoor.

Edinburgh-based payment orchestration provider BR-DGE has announced the appointments of Kenny Scott to the position of chief technology officer (CTO) and Sean Murray as senior product manager. Kenny Scott will lead BR-DGE’s technological development and operations, ensuring the platform remain

Restitution Ltd, an independent provider of third party commercial funding in Scotland, has marked its tenth anniversary by highlighting the evolution of its business model. The firm has carved out a niche in the marketplace and over the past ten years has worked with law firms and their clients on

A former prison has found new life as a legal cannabis farm. What used to be Claremont Custody Centre in California is now a bustling business, with cannabis growing in the garden while staff make edibles in the kitchen and assemble pre-rolled joints in the mess hall.

Burges Salmon has advised Edinburgh-based specialist consumer brand investor and long-standing client Inverleith LLP on the acquisition of a majority stake in Farmison & Co, a UK-based online butcher. Focused on British heritage, rare breeds and an ethical, sustainable supply chain, Farmison has

Grant Thornton UK's Corporate Finance team has advised on the sale of education-technology (EdTech) company Sumdog to a Scandinavian buyer, eEducation Albert (Albert), with more activity in the sector expected amid significant investor demand. Headquartered in Edinburgh, Sumdog was founded in 1994 a

Edinburgh-based ready meal provider Parsley Box has announced a proposed equity fundraising of approximately £5.9 million. The fundraiser will work by way of a placing and subscription at a price per share of 20 pence.

Gross domestic product (GDP) bounced back in January 2022, increasing by 0.8% after falling by 0.2% in December 2021, according to the latest figures published by the Office for National Statistics (ONS).