News

Scottish Equity Partners (SEP) has completed a significant growth equity investment in Glasgow-based AutoRek, a provider of financial control, regulatory reporting and data management software. AutoRek’s cloud-based software as a service (SaaS) platform has experienced significant growth in th

Hillington-based fintech company Beeks Financial Cloud has revealed it is considering further acquisitions after seeing a 24% rise in revenues in its first-half results. For the six months ended 31 December 2020, the firm's revenues increased to £5.29 million, compared to £4.28m in the f

Scotland’s financial services sector was well represented at last week’s Scottish Apprenticeship Awards, with numerous apprentices and firms being recognised for their successes. Delivered by Skills Development Scotland (SDS), the awards recognised the resilience and hard work of Foundat

Independent business lender White Oak has announced that it has successfully provided over £270 million through the Coronavirus Business Interruption Loan Scheme (CBILS) to support UK SMEs through the pandemic. A total of £14m of the CBILS funding has been provided to Scottish SMEs.

Property group Savills has upgraded its 2021 UK house price forecasts, predicting a 3% rise in Scottish house prices in 2021. The firm predicted that average UK house prices will rise by 4% over the year, with a 21.1% growth from 2021-25. Prices in Scotland will increase by 22.8% by 2025, it added.

Scotland’s Towns Partnership (STP) chief officer Phil Prentice has welcomed a Scottish Government cash boost to support the nation’s Business Improvement Districts (BIDs). The Scottish Government has confirmed that it will provide another £600,000 to further the work of BIDs a

SilverBullet, the rapidly expanding Motherwell-based e-commerce platform for the automotive sector, has been appointed an e-commerce partner for the 600 strong and growing, UK-wide Independent Motor Dealers Association (IMDA). IMDA members will have access not only to SilverBullet's full e-commerce

Tenants and private sector landlords facing financial difficulties caused by the pandemic have more time to access support after two loan schemes were extended by the Scottish Government. The Tenant Hardship Loan Fund and the Private Rent Sector Landlord (non-business) COVID-19 Loan Scheme, both of

A convicted robber who absconded from prison was caught by police when he came out of hiding to buy the latest Call of Duty video game.

The average woman in her twenties will retire will £100,000 less in her pension than her male counterparts, according to the latest research published by Scottish Widows.

Empowered By Cloud, a successful Scottish Cloud-based accountancy specialist, has more than quadrupled its workforce in the last 12 months to meet soaring demand – with further hires in the pipeline. Aware of the effects the pandemic was having on small businesses, Glenrothes-based founder Lau

The employees of Edinburgh-based financial services company Nucleus Financial have said they are opposed to the proposed £145 million takeover of the firm. In the Scheme Document published by Nucleus, the firm's staff have highlighted a 'significant anxiety' about the impact of the takeover on

Law firm BTO has appointed Gregor Mitchell as head of its private client team based in Edinburgh to further enhance the firm’s legal services provided to individuals. Mr Mitchell's arrival follows BTO’s announcement in February of new partner Angus Wood, who joined the firm’s highl

The Alison Rose Review into Female Entrepreneurship (Rose Review), published in March 2019, demonstrated that up to £250 billion of new value could be added to the UK economy if women started and scaled new businesses at the same rate as UK men.

Three long-standing employees of Contract Scotland, the technical and professional recruitment consultancy, have completed a management buyout from its founder, Colin Woodward. Directors John-Paul Toner, Julie Fleming and Alan Shave will now lead the business while Woodward takes up an advisory role