Business

Billionaire brothers Sandy and James Easdale have heralded the decision to increase the number of houses planned for the £250 million redevelopment of IBM Greenock as transformational for the region. At a planning meeting held by Inverclyde Council yesterday afternoon, councillors voted in fav

A Glasgow-based housing developer is expanding its portfolio of sustainable apartments in a bid to grow its green-energy offering, thanks to support from Bank of Scotland. Carmichael Homes has been operating across central Scotland since 2012 and delivers luxurious but affordable homes. To date, it

Shoosmiths advised on more than 400 transactions with an aggregate deal value of £5 billion from January to December 2022. Corporate activity levels remained elevated throughout last year, with the firm's corporate team working across a record number of deals spanning private equity, mergers a

Scotland has seen the UK’s largest number of smaller business equity deals in net zero sectors outside of London, according to new research released today by the British Business Bank. The Bank’s Small Business Finance Markets 2022/23 report found that Scotland accounted for 14% of net z

Edinburgh-based Capital Credit Union (CCU) is offering football fans an interest free loan to buy their season tickets, in the first scheme of its kind in the UK. CCU has partnered with Hibs to offer the club’s fans an ethical, interest free loan to help spread the cost of supporting their tea

Cairney & Company, a Scottish female-run fundraising consultancy advising global clients has seen a 60% growth in turnover year on year in 2021/2022, after accessing specialist support from Business Gateway, Scotland’s national business advisory service.

Business confidence in Scotland rose four points during February to 14%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Sandy Merson, Group Head of Operations and Maintenance at Petrofac (L) and Alan McQuade, Group Managing Director, ICR (R) Bridge of Don-based ICR Integrity (ICR), global provider of specialist repair, inspection and integrity solutions, has announced the re-award of their Master Service Agreement (M

Invoice finance provider Bibby Financial Services (BFS) has made available more funding for Scotland’s small and medium sized enterprises in 2022 as part of its growth strategy. Debts factored – the total funded turnover of BFS clients in Scotland – grew by 12% to £382 millio

UK-wide tanning salon chain Indigo Sun has reported record results with a turnover of over £26 million and nearly £5.6m pre-tax profit in its latest financial year ending September 2022. The family-owned Scottish business has seen both turnover and profits double on the previous financia

The Smart Things Accelerator Centre (STAC), Scottish internet of things (IoT) accelerator, has inked a partnership with Glasgow-based wealth management specialist Murphy Wealth to address an increasing funding gap for Scottish early stage tech startups, and ensure experienced talent is in place to b

Wood Group's share price has been given a boost after the Aberdeen-based firm rejected three preliminary takeover proposals from US private equity firm Apollo Global Management.

M&A volume in Scotland last year rose by 10.7% to 446 announced deals, up from 403 in 2021, with a total deal value of £24.8 billion, the latest Experian United Kingdom and Republic of Ireland M&A Review shows. The value of deals was 22% higher than the previous year.

The latest Confederation of British Industry’s (CBI) employment trends survey revealed three-quarters of UK business are struck by labour shortages, while an Open University study found 70% of Scottish companies are struggling to recruit workers with the right skill set. Combined with the natu

DirectID, an Edinburgh-based global fintech, announced that Ingka Investments, the investments arm of IKEA holding company Ingka Group, has made a €9 million (£7.9m) minority investment in the company. The firm specialises in credit risk, risk analytics and predictive modelling,