News

The British Business Bank has announced a new £400 million Investor Pathways Capital initiative which will support diverse and emerging fund managers across the economy and make it easier for new entrants, particularly those from underrepresented groups, to break into venture capital. The init

DVCP, a UK-based professional services firm founded by two Scots, has been acquired by the global change and transformation consultancy, CubeMatch. CubeMatch, which serves a number of blue-chip clients in the banking and financial services industry, has secured an initial shareholding in DVCP, with

Enquiries from prospective house buyers in Scotland accelerated at the quickest rate seen in nearly four years last month, according to the latest Royal Institution of Chartered Surveyors (RICS) residential market survey.

The headline Royal Bank of Scotland Growth Tracker – a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors – rose to 50.9 from 50.5 in May. This marked a second consecutive monthly rise in busine

A lawyer who left a hurried note on another lawyer's car after "dinging" it was entering into a binding contract to pay them, a tribunal has ruled. Carly Peddle wrote and left a note which read "I dinged your back passenger door / happy to pay for!" after accidentally denting Richard Brooks' car doo

Ferguson Marine (Port Glasgow) Ltd has signed a contract with BAE Systems to fabricate three structural components for Ship 4 HMS Birmingham as part of the Type 26 programme. This marks an important development for Ferguson Marine, the last remaining commercial shipyard in Scotland and the only ship

Begbies Traynor has posted a near doubling of its pre-tax profits to £11.5 million for the year ending 30 April 2025, a significant increase from the previous year's £5.8m. The AIM-listed insolvency firm saw its revenue climb by 12% to £153.7m, marking its tenth consecutive year of

Capital Park, a new 132,000 sq ft sustainable urban logistics and trade park on Bankhead Avenue in Sighthill, Edinburgh, has achieved practical completion.

Maven Capital Partners has completed the acquisition of Pegasus House, a single-let, modern, high-quality building situated within the Scottish Enterprise Technology Park in East Kilbride, on the outskirts of Glasgow.

Balmoral Group, owner of the five-star Marcliffe Hotel, announced its intention to acquire Woodbank, a Shell-owned property with hotel and leisure facilities, adjacent to the existing Marcliffe site on North Deeside Road, Pitfodels, Aberdeen. The deal is subject to contract, which is well advanced.

Property firm Simpson & Marwick has announced its return to offering legal services, enabling a rejoining of the Edinburgh Solicitors’ Property Centre (ESPC) and generating further momentum for growth. The firm, which has roots dating back to 1886, is once again offering legal services to

Springfield Properties has forecasted a rise in annual revenue to £280 million, up from £266m the previous year, attributing the growth to a significant increase in profitable land sales. In its latest trading update, the group confirmed it expects to report an annual profit before tax t

Business owners are being urged to ensure they have a succession plan in place after the latest Family, Privately-owned and Owner-managed Business Survey from Armstrong Watson revealed many businesses haven’t considered their exit plan. The accountancy firm has provided a first glance at some

Aberdeenshire-based Kirkwood Homes has blamed higher interest rates for a £4.4 million loss in its most recent accounts. The housebuilder recorded a pre-tax loss of £4.4 million for the financial year ending 30 June 2024, having reported a £1.6m profit in the previous year.

The British Business Bank’s Investment Fund for Scotland has delivered over £25 million in financial support to Scottish businesses since it launched 18 months ago, supporting 58 firms across the country to develop and grow.