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.
Business
More than half (53%) of professionals in Scotland would be tempted to move to a company which offers a four-day week, according to the latest Quarterly Insights Survey from recruitment firm Hays Scotland. The survey found that 32% of professionals believe this will become a reality within two to fiv
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.
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.
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
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
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
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
Almost a quarter (24%) of Scottish small or medium-sized enterprises (SMEs) have seen the number of late payments they receive increase since the cost of living has gone up, according to new research from Barclays.
Edinburgh and Glasgow-based digital skills academy CodeClan has added travel site Skyscanner, Sainsbury’s Bank, and media organisation DC Thomson as industry partners as Scotland’s national digital skills academy looks to further scale up and strengthen its graduate pipeline. Already wor
abrdn Equity Income Trust plc, has published its results for the six months ended 31 March 2022, revealing a share price total return of 8.6%. The total return of the FTSE All-Share Index was 4.7%. The company's portfolio performance was impacted during the first three months of the financial year a
Edinburgh-based hospitality tech firm ePOS Hybrid has smashed its latest pre-series A funding round after hitting a £500,000 goal within 15 minutes of going publicly live. Delighted bosses at ePOS Hybrid are now extending the crowdfunding opportunity, upping the target to a maximum of £2
Union Point, a well-known Aberdeen office building that was auctioned off for just £25,000 following the oil price downturn of 2016, is set to be fully occupied this year, after a remarkable turnaround in its fortunes. Union Point, formerly known as Salvesen Tower, has undergone a major transf
The UK’s small businesses will be run by personal avatars by 2050 thanks to powerful advances in artificial intelligence (AI) in the coming decades, according to a new futurology report commissioned by Virgin Money, owner of Glasgow-based Clydesdale Bank.
Research from Grant Thornton UK's latest Business Outlook Tracker shows that over half (52%) are finding it harder to operate their business today, compared to 12 months ago. To manage cost pressures, 61% of respondents said that their suppliers have agreed to more flexible (longer) payment terms, a