News

Livingston-based Optoscribe Ltd, a supplier of 3D glass-based integrated photonic components, has closed its latest investment round led by Archangel.

Galliford Try has been ordered by the Financial Reporting Council (FRC) to restate its 2018 accounts after an investigation found the company should not have recognised an £80 million claim recoverable from Transport Scotland on the Aberdeen Western Peripheral Route (AWPR) contract when it did

David Kent, head of Scotland for innovation funding consultancy Leyton UK, looks at why Scottish firms are missing out on R&D tax relief and what can be done about it. Innovation is a hallmark of many Scottish companies. From oil and gas decommissioning in the North Sea, to biotech companies in

Savills plc, the international real estate advisor, has posted its full year results for the year ended 31 December 2019, hailing a strong year in Scotland. The group's revenue increased by 10% to reach £1.93 billion (2018: £1.76bn), which was driven by a strong performance (+16%) in the

House prices in Scotland rose for the sixth consecutive month, but new buyer enquiries softened after strong growth in January, according to the February 2020 RICS Residential Market Survey.

Key players in the financial services industry are set on a clear pathway towards collaboration, whether they like it or not, according to a new ‘State of the Industry’ report from Barclays Corporate Banking, An ecosystem in transition. Exclusive research from the bank highlights the con

Edinburgh’s first privately-owned safe deposit box service has opened in the West End to give people across the capital, and beyond, somewhere secure to store their valuable possessions, from cash to jewellery and family heirlooms. With the Scottish capital being the area of the country with t

A student from Leeds was sent home from school yesterday after he charged his classmates 50p for a squirt of hand wash. Oliver Cooper, who is a pupil at Dixon's Unity Academy, purchased a £1.60 bottle of Johnson's child hand wash from a Tesco store as he waited for the school bus before he pro

Scottish member companies of the Building Engineering Services Association (BESA) say the current practice of withholding cash retentions is hugely damaging for many Scottish construction SMEs and is leading to widespread insolvencies.

Not-for-profit lender DSL Business Finance had a record year in 2019, providing funding of £4.5 million to small and medium-sized businesses and social enterprises in Scotland, up from £3.1m in 2018. The Glasgow-headquartered alternative finance provider supports enterprise in Scotland b

Dundee-based technology firm Broker Insights is approaching its £500 million of premiums benchmark in its insurance industry platform, all within just 18 months of launching. Headquartered at Water's Edge in Dundee, Broker Insights' growth has been so rapid that they have outgrown their curren

The GlenAllachie Distillers Co. Limited has secured a £30 million asset-based lending package from Clydesdale Bank, thanks to support from the new Scottish arm of Belfast-based finance specialists HNH. The award-winning whisky company appointed Bruce Walker, director of HNH’s Edinburgh t

Maritime Developments Limited, the Peterhead based provider of offshore mission-critical ‘back of boat’ systems and services to the global energy sector, has received £5.25 million in funding from ThinCats.

Housing minister Kevin Stewart has hailed a 24% increase in new build home starts across all sectors as the latest quarterly statistics on new housebuilding and affordable housing supply were released yesterday. According to the latest figures, the number of new build homes that were started in the

Lindsay Lee, practice development lawyer at Brodies LLP, details what things should be considered when entering into credit agreements during the current COVID-19 'delay' phase. With the Government expected to declare a transition from the 'contain' to 'delay' phase in its response to COVID-19 what