Finance News

Dr Miroslav Ravic, CEO of MGB Biopharma

£920,000 funding for Scottish antibiotic firm

Glasgow-based MGB Biopharma (MGB) has received £920,000 in a round of funding led by angel investment syndicate, Archangels. The firm has developed a novel antibiotic...
From left - Christopher Edgar and Alison Sellar

activpayroll continues global expansion with additional USA office

activpayroll, the Aberdeen headquartered global payroll and tax compliance specialist has launched an additional USA office. The Florida branch opened this month to further strengthen...
Kelly Adams and Stuart McCallum

RSM announces key partner promotions in Scotland

Audit, tax and consulting firm RSM has promoted Kelly Adams and Stuart McCallum to partner - enhancing the audit and accounting and business advisory...
Paul Bodger

Origin Fitness to expand following £2m finance deal

Origin Fitness, the provider of specialist fitness equipment, has secured a £2 million finance package from HSBC to support international growth and expansion at...
Glenn Allison

Turnover down to £209.2m at Stewart Milne Group

Turnover at Stewart Milne Group has decreased from £241.4m in 2015 to £209.2m, with operating profits falling from £14.2million to £0.6million, as a result of...
Louise Grant

New partner appointment at EQ Accountants

Louise Grant, who heads up the firm’s Healthcare team, has been appointed as partner at the Dundee office of EQ Accountants LLP. Monifieth born and...
Managing Partner, Graeme Allan with new Partner Steve Mitchell, right

New partner promotion at Anderson Anderson & Brown

Steve Mitchell has been promoted to partner at accountancy firm Anderson Anderson & Brown LLP. Steve, who heads up the firm’s Accounting Services, Outsourcing and...
Picture courtesy John Telfer

Hawick blacksmiths strikes deal for growth

John Telfer Ltd, a Hawick based blacksmiths and metalwork company, has announced plans to grow the business into the construction sector after securing an...
Peter Alderson

Business and finance acronyms holding back growth of SME's

A recent survey on issues impacting the UK’s small to medium enterprise owners has highlighted that a lack of understanding in relation to the...
L to R Sarah Hardy and Jacqui McLaughlin

Scottish tech company raises further £700k including £122k from staff

Reactec, the Edinburgh-based producer of monitoring and management support solutions for hand and arm vibration syndrome (HAVS) has completed a further £700,000 round of fundraising...
L – R: (back row) Olga Kozlova, David Harris-Birtill, Rogelio Arellano and Sandy Finlayson (front row) Erika Grant, Chris Hughes, Victoria Hamilton and Anne Rushing - Photographer credit: Alan Richardson

Success of Universities Entrepreneurship Programme Highlighted in Independent Report

Scottish start-ups and university spinouts who participated in Converge Challenge have leveraged over seven times in subsequent funding the amount that the programme’s university...

Up to £100,000 available to Aberdeen businesses

Aberdeen City Council has joined Business Loans Scotland to help lift the finance barrier for small and medium enterprises. Offering primarily growth funding, existing SMEs...
Glasgow School of Art

Kier Construction Scotland reports six-month turnover of £150m

Building company, Kier Group plc, the parent company of Kier Construction Scotland, has announced a solid set of financial results, supported by the growth...
video

BrewDog sales hit nearly £72m with eyes on an Asian brewery

Surging demand from the Far East may see BrewDog open a brewery in Asia the company has said as it reveals its latest figures. Revenue...
Marta Bot, assistant retail manager at Kiltane (right), and Ness Clothing retail manager Evelyn Rigby.

Kiltane bolsters retail portfolio with Ness Clothing deal

Edinburgh-based property and retail group Kiltane has strengthened its portfolio of high-end clothing outlets after acquiring significant parts of the Ness Clothing business and...

Seaweed skincare brand secures financial support for growth

Seaweed skincare brand, ishga, has secured an invoice finance facility from Bank of Scotland which will allow for future expansion. The Isle of Lewis based...

Savills increases revenue by 13% to nearly £1.45billion

Savills plc, the international real estate advisor, has increases group revenue by 13% up to £1,445.9m from the 2015 figure of £1,283.5m with group...
L-R - Paul Shrieve, Chief Executive Officer, North Sea Offshore Operations at Bureau Veritas and Graeme Reid, Managing Director at MAC

Bureau Veritas acquires Maritime Assurance & Consulting

Bureau Veritas (BV) has acquired Aberdeen Maritime Assurance & Consulting (MAC). MAC was established in 2010 and now has 30 employees as well as more...
video

Ardgowan Distillery launches £17 million investors fundraising drive

A new distillery 30 miles west of Glasgow has launched a £17 million funding drive. The Ardgowan Distillery secured planning permission from Inverclyde Council earlier...
Goals Newcastle courtesy Goals Soccer Centres plc

Goals Soccer Centres posts £33.5m turnover and increases profit by £9.9m

Goals Soccer Centres plc, the East Kilbride-based operator of outdoor small-sided soccer centres has announced its final results for the period ended 31st December...
EnQuest Aberdeen

EnQuest reports $849.6m revenue for 2016

EnQuest has reported a revenue of $849.6 million for 2016 with production increasing by 8.7% giving an average production of 39,751 barrels of oil...
Ian Phillips

Oil & Gas Innovation Centre supports heat conversion project with £230,000

The Oil & Gas Innovation Centre has signed its thirty-first project agreement, which will see the development of a system which will allow heat...
Alan Anderson

Insite Contracts gets £2m funding from IGF

Independent Growth Finance (IGF), the commercial finance provider for SMEs, has provided a £2 million asset based lending line to Insite Contracts Ltd, a...
The Tun Edinburgh

Edinburgh now one of the world's top 5 cities in global property index

Edinburgh has broken into the world’s top five cities within a global property investment index thanks to its increasing appeal among the international investment...

£300million BrewDog wooing new investor and potential IPO

BrewDog may need to cozy up to the city investors that it has previously mocked after the Ellon-based brewer revealed it may consider an...

Finance News

Promoted Content

Angus Lee, Jason Moir and Andrew Smith

North-East golf networking group swings into action

A new north-east networking group has swung into action offering a unique combination of sport, socialising and business networking. The 19th Hole, founded by experienced...

Nicholson Solutions Appointed as Education Partner by Digital Marketing Institute

The Digital Marketing Institute has appointed Aberdeen company Nicholson Solutions to deliver its Professional Diploma in Digital Marketing in Scotland. The SQA accredited professional...

Interviews

Louise MacLean

Interview: Louise MacLean of Signature Pubs – a day in the life

Louise MacLean, head of sales, marketing and PR at the Signature Pub Group, is an industry veteran having started as a graduate trainee with...
Bruce Hydes

Interview: Bruce Hydes of Edgar Stewart. The changing face of recruitment

Home to three leading specialist brands in the Scottish recruitment sector, namely Talented, Edgar Stewart and Cyrus Selection, ESS Holdings (Edinburgh) Ltd is a...
Neil Logan

Interview: Neil Logan, CEO of Incremental Group

Hot on the heels of announcing that digital technology specialist Incremental Group had successfully secured £500,000 of Regional Selective Assistance (RSA) support from Scottish...
Ian Stevenson

Interview – Digital forensics specialist leading the attack against cyber crime

Ian Stevenson, CEO of Cyan Forensics, is a computer scientist by training, and has spent the last 20 years in and around startups, first...
Joe Afif, founder & managing director of graduate recruitment jobsite Gradit

Interview : Recruitment professional matches tech graduates to jobs using algorithms

Joe Afif, founder & managing director of graduate recruitment jobsite Gradit, is a self confessed “millennial“ whose big idea was sparked while working in...

Columnists

Ian Stirling: How to build a distillery in Edinburgh part 2 – Capacity

Fascinated that someone was writing a diary blog about their proposed £5m new Edinburgh distillery project, we asked Ian Stirling of Port of Leith...

Laura Sutherland – 9 top tips for mobile marketing

Aura PR’s Laura Sutherland looks at the opportunities which lie in mobile marketing. The mobile has climbed the ladder to be one of the...
Yekemi Otaru

Yekemi Otaru: 12 engaging ideas for engineering companies

Even in so-called boring industries, there is great content. But finding new content ideas can be a real problem for marketing teams. Particularly in engineering...

Ian Stirling: How to build a distillery in Edinburgh part 1 – Three things

Fascinated that someone was writing a diary blog about their proposed £5m new Edinburgh distillery project, we asked Ian Stirling of Port of Leith...
Kieran O'Connor

Kieran O'Connor: Top 10 Life Lessons For Engineers

1. Some things will always take longer than you first think Hofstadter's Law: It always takes longer than you expect, even when you take into...