Business

National law firm Weightmans, which has an office in Glasgow, has announced its financial results for the 21/22 financial year as it awards £1.5 million in bonuses to its people. Total income increased by 5% to £103.2m. Net profit increased by 25% from £9m to £11.3m in the 12

Glasgow-based UK property and private equity manager Maven Capital Partners has sold 111 Westerhill Road, Bishopbriggs, near Glasgow to a joint venture administered by M7, the specialist in Pan-European Real Estate, for £4.687 million, generating a 2.54x return for investors.

West Lothian-based pizza oven company Ooni has reported record turnover for the year at £208 million, up from £57.2m in 2020, signalling 254% growth. Ooni has grown exponentially, selling its innovative range of pizza ovens and accessories in over 90 countries worldwide.

More than half of employers in Scotland (53%) have seen an increase in hybrid working amongst staff compared to before the pandemic, according to a new survey by workplace experts Acas.

Asset and wealth management firm AssetCo, run by Martin Gilbert, has announced that it has reached an agreement to acquire the entire issued share capital of Edinburgh-based fund management business SVM Asset Management Holdings Limited for £10.7 million. The consideration will be satisfied by

STV is currently on track to exceed its £40 million Studios revenue target for 2023, signalling a 7% increase for the broadcaster. The news came as STV Studios and Tod Productions announced that they have won an 8-part scripted series "Criminal Record" for Apple TV. The broadcaster said that t

Scottish entrepreneur Dr. Suelynn Tan-Stroud has fulfilled her ambitions and acquired her first dental practice thanks to a six-figure funding package from Bank of Scotland. Dr. Suelynn Tan-Stroud is a dental practitioner based in Midlothian. She graduated in 2012 from the University of Dundee and h

The Scottish investment sector is paying between 15-20% more in retention salaries just to keep hold of staff working in specialist finance and client services roles, according to recruitment firm Core-Asset Consulting. Staff working in areas such as tax and audit, Socially Responsible Investment, E

M&D Green Group, an independent, family-owned Glasgow-based pharmacy group has secured eight-figure funding from HSBC UK to support its ambitious acquisition strategy. The Glasgow-headquartered group has secured an eight-figure credit facility from HSBC UK to enable the business to make five str

Eyemouth-based riding centre, Eat, Sleep, Ride Community Interest Company (CIC), has secured £55,000 in funding from Social Investment Scotland (SIS) to help to make the centre more environmentally friendly. The funding package will be used by the centre to invest in eco-friendly equestrian su

KPMG UK has announced its alliance with Alteryx, the analytics automation company, as part of the firm’s continued technology strategy to invest in technology to automate the firm’s solutions and help clients accelerate data-driven business transformations. KPMG and Alteryx will combine

Burness Paull has been named the top-performing legal dealmaker in Scotland for the sixth time, topping the Business Insider deals table for 2021. In the tables published this week the firm led the market, having advised on 358 deals.

Simply Asset Finance has opened its first Scottish office at Eurocentral in North Lanarkshire.  Located between Glasgow and Edinburgh, Eurocentral is one of Scotland’s leading industrial and logistics hubs. The new Scottish office allows the Simply sales team to better service SMEs throug

Storskogen, a Swedish group that acquires and operates well-managed and profitable small and medium-sized companies, has made its first acquisition in Scotland with the purchase of 80% of the shares in J&D Pierce (Contracts) Ltd. The specialist in fabrication and site erection of structural

Forfar-based vehicle lift manufacturers Access XL has secured a £1.45 million asset-based lending (ABL) facility from Independent Growth Finance (IGF).