Andrew McNamara, head of business services & outsourcing for Scotland at BDO LLP, discusses the impact of short-termism on Scottish firms. Scotland has a rich business history. It’s a country ripe with entrepreneurial talent, ambition and drive, and every day I see first-hand the exciting
Business
FinTech Scotland, the cluster management body, has announced a new strategic partnership with NCR Corporation, a leading enterprise technology provider to further advance innovation for financial institutions. The partnership builds on NCR’s strong innovation track record as a software and ser
With more than two weeks remaining in its first equity crowdfunding campaign, Matugga Distillery has passed its ambitious fundraising target of £300,000. The UK’s first Black female-owned distillery has welcomed more than 200 new shareholders who have bought into the company’s plan
The abrdn Charitable Foundation (aCF) and UNESCO have today announced a three-year partnership to promote environmental sustainability through research and education with the goal of developing innovative solutions to environmental problems. As the first financial services company to enter into a pa
Aberdeen renewable marine and subsea equipment firm, W3G Marine, has introduced a new cost-saving and highly effective tool for the offshore energy market, after securing a £450,000 funding deal with Royal Bank of Scotland. With funding of £450,000, W3G Marine has successfully commercial
Clyde Munro has acquired Maybole Dental Practice, a busy predominantly-NHS four surgery practice with more than 9500 patients, for an undisclosed sum. Its owner David Logan joined the practice after graduating in 1993 from The University of Glasgow and worked as an associate for his father who bough
East Kilbride-based FreeFlow Technologies (FFT), which has developed a light power to weight e-Bike motor, is moving into production following the completion of a £1.65 million funding round led by investment syndicate Kelvin Capital. The new investment will accelerate the production of units
Craig Alexander Rattray, a Glasgow-based growth strategist and cash expert, is launching a new initiative to help SME owners take better control of their businesses. A part-time finance director to many ambitious growing companies, the former venture capitalist and corporate financier has spent more
The first-ever Unlocking Ambition Community Showcase has been held in Glasgow to celebrate the achievements of alumni from one of Scotland’s flagship business growth and leadership programmes, delivered by Scottish Enterprise.
Plans to develop a new timber manufacturing and processing facility in Forres, Moray, have secured up to £279,000 Green Jobs Fund investment from Highlands and Islands Enterprise (HIE). The funding was announced on Friday by Richard Lochhead, minister for just transition, employment and fair w
The Cumberland Building Society has announced a six-figure investment to support the acquisition of a guest house and cake school in Perthshire, Scotland.
CodeClan, Scotland’s national digital skills academy, has partnered with Baillie Gifford to launch CodeClan Youth Academy, an 8-week programme based in Edinburgh and sponsored by the investment manager that includes a 4-week coding bootcamp at CodeClan, followed by a 4-week paid internship at
Glasgow has once again shown its strength as a leading tech location, retaining its position in the top three leading tech cities in the UK outside of London according to the UK Tech Cities report, published today by global real estate advisor CBRE. Edinburgh comes in the listing at number five.
Renewable energy product innovator Autonomous iOt has secured strategic partnerships with two Scottish companies to ramp up its activity in helping businesses reach their carbon-neutral goals. North Lanarkshire-based Autonomous will work alongside Worksmart Contracts, the office fit-out and refurbis
The Hunter Foundation has acquired the Blair Castle and the 220-acre Estate as its new headquarters and home to all of its leadership programmes. The Castle was acquired from previous owners Charles and Sallie Hendry for an undisclosed sum last month.