News

UK private equity (PE) deal volumes fell to their lowest levels in five years as economic and geopolitical uncertainty gripped the market, according to new research from KPMG. KPMG’s latest study of UK transactions involving private equity investors indicates that a total of 978 deals complete

Edinburgh-headquartered global travel technology firm Criton has today announced it aims to raise a significant "seven-figure sum" in external investment later this year. The firm is targeting investment to develop its product offering and drive growth across international markets.

UK construction firms have reported a boost from receding political uncertainty with business optimism rebounded to its highest since April 2018.

A tranche of coins dating back to the Iron Age worth around £10 million has been officially recognised as the largest of its kind to be found in the British Isles. The coins were discovered in Jersey in 2012 by metal detectorists Reg Mead and Richard Miles after the two embarked on a sear

Nick Pollard has been appointed group finance director at housing, care and property-management organisation Link Group Ltd. Currently director of finance and digital at Kingdom Group, Mr Pollard will join Link Group in April 2020.

Business Loans Scotland has currently issued over £2.6 million in funding to 40 Scottish businesses who have used their loans to generate working capital, purchase office premises, expand into new markets and recruit new employees. Fully funded through the Scottish Growth Scheme and the Europe

Borders and Northumberland based accountants Rennie Welch LLP has expanded into new offices in Berwick on Tweed to accommodate growth in its business across the local region. The move into a larger 258 square metre premises in the town’s Ramparts Business Park follows last year’s merger

Royal Bank of Scotland's new chief executive Alison Rose is to be based solely in London, despite the headquarters of the bank being located in Edinburgh. Ms Rose's employment contract lists the bank's Bishopgate office as her place of work. Her predecessor Ross McEwan had a cont

Aberdeen-based start-up Udrafter has secured its second round of seed investment reaching £300,000 through its crowdfunding campaign on Seedrs. Udrafter, an online platform, has been designed to provide a bridge for businesses of all sizes to directly and rapidly onboard emerging talent into t

In light of Brexit, Fraser Campbell, head of family business and international advisory partner at Campbell Dallas, details how the rest of the world wants to do business with Scotland. Whatever your views on Brexit, as the UK loses its membership of the EU it might be worth taking a steer from a me

Glasgow-based regulatory technology firm Encompass has received a £1.97 million research and development grant from Scottish Enterprise. The grant will be used to develop an artificial intelligence platform for its financial services clients.

Mark Brown, audit, accounts and business assurance partner at Meston Reid & Co, said the practice is finding more and more companies are seeking an audit, even when not required to do so. Meston Reid & Co have recorded a 25% growth in limited company audit work in recent times. Whilst this i

Lloyds Bank has issued a memo on staff treatment due to a drastic rise in complaints to one of its employee unions concerning working conditions across is declining banking network.

Jon Pickstone, deputy director of regional economic development at the Scottish Government, has been elected to the board of the Institute of Economic Development (IED). The EID is the UK’s leading independent professional body for economic development and regeneration practitioners working fo

The start of 2020 saw the performance of the UK manufacturing sector steady following the downturn experienced through much of last year, according to the latest IHS Markit/CIPS UK Manufacturing PMI.