Business

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Shires Income plc, a company managed by abrdn, has seen its Net Asset Value (NAV) rise by 11.4% in the year ended March 31 2022. The company's share price also rose by 18.4% over the period, this compares against its benchmark, the FTSE All-Share Index, which returned 13.0%. Revenue return per share

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Perth-based insurance giant Aviva has revealed that the proportion of insurance claims tainted with fraud increased by 13% in 2021. Aviva uncovered more than 11,000 instances of claims fraud last year, worth more than £122m. That is equivalent to detecting more than 30 bogus claims every day,

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Property factoring business James Gibb has acquired the residential factoring division of Dundee-based J Reavley Factoring Limited. The acquisition will increase the number of properties currently under management at James Gibb by 1,400 units, taking the number to well over 52,000 units.

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Scottish businesses were the least confident in the UK, although confidence remains in positive territory, according to a new survey by the Institute of Chartered Accountants in England and Wales (ICAEW) Business sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Scotland, publ

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Glasgow-based Kelvin Smith Insurance Brokers has appointed two new directors. Longstanding employees Rena Ross and Scott Gardner will now sit on Kelvin Smith’s board alongside managing director Stephen Travers.

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Quarterly investment volumes into Scottish commercial real estate reached £460 million in Q1 2022, up from £380m a year ago, according to Colliers’ latest Scottish Snapshot. According to Colliers, at £140m, retail investment accounted for 30% of all activity by value.

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Dundee-based engineering consultancy firm Mabbett & Associates has added a new regional office located within the Horizon Scotland Business and Innovation Centre in Forres. The move follows the firm acquisition of GH Johnston Building Consultants Ltd (GHJ) in February.

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Scottish telecoms technology company Calnex Solutions has seen revenue growth of 23% to £22.0m in the twelve months to the end of March. The firm has posted its full-year results, revealing an 18% growth in adjusted profit before tax with figures reaching £6 million.

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Edinburgh-based digital postage company Stamp Free Limited has raised £600,000 in an oversubscribed funding round. The company raised the funds at a pre-investment valuation of £4 million, double the £2 million pre-investment valuation of its seed one funding round in September 202

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Aberdein Considine has announced that it is to merge with Edinburgh law firm and solicitor estate agent Russel+Aitken Edinburgh LLP. The combined businesses – which will trade under the Aberdein Considine brand – will together employ over 480 staff and have a turnover

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Edinburgh-based financial services training provider Redmill Advance has entered into a partnership with True Bearing Chartered Financial Planners (part of the Amber River Group), providing digital learning solutions across the entire business. Under the new partnership, True Bearing benefits f

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Amity Fish Company, a Peterhead fish firm that switched from wholesale to e-commerce landed the FSB Small Business of the Year 2022 award at a special ceremony that took place in Glasgow yesterday. The firm, led by Jimmy Buchan star of the BBC’s Trawlermen TV series, netted the overall prize a

196-210 of 625 Articles