News

International marine renewable energy contractor Leask Marine Ltd has achieved record growth after obtaining a £5.3 million funding package from Royal Bank of Scotland and Lombard. The Orkney-based company, which is a world-leader in the marine renewable sector, secured a complete funding pack

Forth Ports has appointed Matt McCreath as its new group financial controller.  The group has also appointed Michelle Primrose as group HR manager.

Prospect Community Housing has appointed Colin James as its new finance manager following a recruitment exercise earlier in the year. A qualified accountant and has many years’ experience in the housing sector, Colin most recently worked at Caledonia Housing Association.

Ski instructor marketplace, Maison Sport, founded by a trio of former members of the British Ski Team, including Edinburgh-based CEO Nick Robinson - has completed a new round of funding, achieving a raise of £1.25 million, following collaboration with a collective of investors, alongside

Whisky giant Diageo, which owns Guinness and Johnnie Walker, has announced that it expects organic operating profit growth to be at least 14% in 2021 signalling an ongoing recovery from COVID-19. Shares in the firm closed up nearly 4% yesterday after the firm resumed a £4.5 billion return

DataVita, Scotland’s largest data centre and multi-cloud services provider, has acquired the Fortis data centre in Lanarkshire with £45 million of support from HFD Group. The company will now take full ownership of Scotland’s only purpose-built, Uptime Institute tier III certified

Wealth manager Brewin Dolphin has posted half-year income growth of 13.7% to £199.9 million, compared to £175.7m in H1 2020. The firm said that the increase was driven by strong market performance and elevated levels of commissions.

Edinburgh is the only Scottish city to make it into the top 10 in a new report by Colliers on residential investment opportunities, and it achieved second ranking for the UK as a whole.

Kenoteq, a clean-tech spin-out from Heriot-Watt University, has been awarded £1 million in funding by Zero Waste Scotland to commercialise production of its revolutionary brick made of recycled construction waste, the K-Briq, to more than two million bricks per year. The unique, multi-award-wi

ILC Therapeutics, a Glasgow-based biotechnology company, has announced its latest pre-IPO funding round to advance its lead novel hybrid interferon drug candidate. The firm has also announced the appointment of Peter Bains as non-executive chairman, Richard Morgan as a non-executive director and All

Police officers have gone on strike over a shortage of trousers. Officers in El Puerto de Santa Maria in the south of Spain say they should have received new service trousers in 2016.

The Ardgowan Distillery has today launched Shipwright – the second in its Clydebuilt series of limited-edition whiskies. The premium dram – which retails at £49.99 via the distillery’s online shop – is a blend of single malts from Speyside and Highland distilleries whol

Alistair Greig, the financial services chief behind a £13 million Ponzi scheme, who was sentenced to 14 years in prison, has had his jail time cut to ten years. Scottish Financial News reported in April last year that Mr Greig conned more than 140 clients, telling investors he would put their

Jim Burberry, RSM's head of VAT and indirect tax in Scotland, discusses the impact of the devolution of VAT in Scotland. The SNP’s election manifesto makes a commitment to ‘Strengthening of Scotland’s tax powers with the devolution of VAT’ (page 47).

Avondale Care Scotland has agreed a £10.2 million loan with Barclays to accelerate its long-term growth plans and expand its portfolio. The funding package ensures the care home operator has access to capital to provide premium facilities to residents and supports the acquisition of residentia