Clydesdale Bank owner CYBG has announced that in 2018 it provided over £2 billion in lending support to the UK’s small and medium sized businesses (SMEs). This takes total lending to £4.05 billion in the first two years of its three-year commitmen
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An exclusive wedding venue in Inverurie, Aberdeenshire has secured a £1.8 million finance package from HSBC to invest in property updates and increase marketing efforts. Logie Country House, which was purchased by Tim and Stef Erbe in 2006, is located on a Scottish estate that dates back
A young Scot with a desire to forge a career in international development is to study in a country that is regarded as a world leader in the field as the winner of the 2019 Thomas Blake Glover Aberdeen Standard Investments Scholarship. Daniel Robertson (30) from Edinburgh heads off to Japan this sum
Supermarket chain Lidl has announced that it is rolling out its ‘Too Good To Waste’ fruit and vegetable boxes across all of its stores in Scotland, Wales and England following a successful, industry-first trial. The boxes, priced at just £1.50 for approximately 5kg, contain fruit a
Glasgow-based private equity house Maven Capital Partners has led the management buyout (MBO) of CMS Window Systems, an end-to-end provider of premium window and door solutions, and one of Scotland’s fastest growing manufacturing businesses.
Almost 115,000 businesses waited an average of 57 days for payment in 2018 with more than 1,000 of these subsequently entering insolvency as a result, according to new data from insolvency specialist Begbies Traynor. The data, which was gathered from more than 1 million debtor day reports since 2011
Former Aviva chief executive Mark Wilson saw his pay more than half last year prior to his sudden departure in October, but could yet net a further £4.1m, according to the insurance giant's latest annual report. Mr Wilson, who was recruited in in 2013 to turnaround the business which empl
Edinburgh-based IT consultancy and managed services firm, Quorum Network Resources Ltd will make the move to employee ownership on Friday with an employee trust owning the majority of shares in the business on behalf of Quorum’s 100 employees. The company currently provides a variety of IT ser
Incomes from commercial farms in Scotland have gone up in 2017-18, but the latest annual figures show agriculture is still dependent on farm subsidies.
Global M&A deal values reached $467bn (£353) for the first two months of 2019, according to new analysis from Deloitte. However, the research predicts a slowdown of between 4-7 per cent in M&A deal volumes by the end of the first quarter of 2019, compared to the first quarter
Barclays has today announced a £14bn lending fund as part of what it says is a series of initiatives to help small and medium-sized businesses (SMEs) to succeed and flourish through Brexit and beyond. Focused on building SME resilience during uncertain times, the package of support includes:
Investing Women, Scotland’s only all-female business angel group, has announced its annual conference will be staged in partnership with EIE 2019. This year’s event will be staged under the theme ‘The Sky’s No Longer the Limit’ with a number of internationally-ren
The number of retail units to let on Scottish out of town retail parks in 2018 totalled 82, 8 per cent up on the long-term average, as administrations and CVA’s (company voluntary arrangement) released vacant units onto an otherwise constrained market, according to latest research by estate ag
An overwhelming number (57 per cent) of British people say they can’t confirm the amount of money in their bank account.
Glasgow-based Maven Capital Partners has announced the successful final close of the Maven UK Regional Buyout Fund LP, which has received total commitments (including from co-investment vehicles) of £100 million from a diverse range of investors, including Scottish Enterprise - Scotland&r