Business

Lanarkshire-based IT firm VectorCloud has secured a six-figure funding package from UK Steel Enterprise (UKSE)  to help the business expand further. The firm has used the investment to acquire the IT service division of another local business, substantially boosting its client base.

Scottish financial planning firm Acumen Financial Planning is breaking the stereotypical bias in the financial sector with 83% of females in the company holding a senior position. Despite women being more represented in the financial services, making up 50% of the workforce, research shows only 18%

IDCP Scotland, a life science company based in Glasgow, is aiming to become a R&D hub for digital medical technologies after receiving early-stage support from Scottish Enterprise.

Eureka Solutions, a Scottish fintech firm, has racked up an impressive list of first-year successes with its software that bridges data black holes.

Linlithgow-based investment advisory firm Alan Steel Asset Management (ASAM) has adopted employee ownership following the wishes of its late founder, Alan Steel. After setting up ASAM in his hometown of Linlithgow in 1975, Mr Steele began looking at a succession plan which coexisted with his values

A string of clients wins by its healthcare and digital divisions have helped to drive growth at Edinburgh-based creative agency Leith. An international vaccine awareness campaign for the Geneva-based International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) was one of the age

Old Mother Hunt, a business that specialises in manufacturing small batches of spiced rums, has successfully launched with help from Business Gateway. The owners have gone on to increase its organic search traffic by 100% since launching in November 2020, by working with the support service.

Colliers expects UK all-property total returns growth to moderate to 9.6% in 2022 and 6.4% in 2023 as rental growth slows and yields stabilise, following a six-year high of 16.5% in 2021. The industrial sector will continue to remain popular with investors this year as will retail warehouses, prime

Scottish footfall decreased by 17.5% in February (Yo2Y), 1.3 percentage points worse than January, according to the latest Scottish Footfall Monitor from the Scottish Retail Consortium (SRC) and Sensormatic IQ.

FinTech Scotland has published a ground-breaking Research and Innovation (R&I) Roadmap with the objective of boosting economic recovery, driving growth and creating jobs over the next ten years. Over the ten-year period, the ambition will be to deliver in Scotland an additional 20,000 plus finte

Mackay Corporate Insurance Brokers has appointed three senior directors to join its team in Aberdeen as part of a £1 million investment in the company. David Binnie and Steven Thomson, former directors at Central Insurance Services and formerly Marsh, joined MacKay Corporate this week, and Dar

Commercial property and investment firm HFD Property Group has agreed terms with HSBC UK to refinance its flagship 177 Bothwell Street development in Glasgow.

Murray International Trust Plc, a fund managed by abrdn, has posted a net asset value return of 14.1% for 2021. The company has no benchmark, but this performance compares with a rise over the same period of 7.6% for the UK Retail Price Index and a total return for the Reference Index, the FSTE ALL

Engineering consultancy firm David Narro Associates has opened a new office in Newcastle-upon-Tyne, which will be the firm's first location in England. The firm has continued its growth and expansion over the past two years. Since its founding in Scotland in 1986, the firm has worked with Archi

Local politicians have confirmed that 222 employees at OVO Energy's Perth office will take voluntary redundancy. The remainder of the staff at the Perth site, which employs about 700 people, will work from home for the foreseeable future.