Finance News

Marcelino Castrillo

Royal Bank of Scotland offers a boost to Scottish small business growth

Royal Bank of Scotland is launching a programme aimed at driving small business growth. Boost is a new initiative designed to help companies move forward...
Douglas Martin

AAB Hit 50 Deals in 2016 for 3rd Consecutive Year

Anderson Anderson & Brown LLP (AAB), one of the leading independent firms of Chartered Accountants in Scotland, is delighted to announce the successful completion...
ESS operations director Mo Petrie, ESS managing director Mike Wilson, Handelsbanken corporate account manager Steven Rae

Handelsbanken Banking Deals Supports Ecosse Subsea Services’ Expansion Plans

Ecosse Subsea Services (ESS) has agreed a multi-million-pound revolving credit facility with Handelsbanken. The new relationship will support the Banchory-based subsea engineering specialist as it...
Russell White

Over half of SMEs say Government is not doing enough to help businesses grow

Scotland-based SMEs say their biggest business concerns in 2017 centre on rising business costs and economic uncertainty. The business risk identified by the highest number...
Blair Nimmo

Scottish business failures rise in 2016

New statistics from professional services firm KPMG reveal the number of businesses failing in Scotland rose by 7% in 2016 compared to 2015 (969...
Henry Winning string

String and Twine Manufacturer’s £655,000 Glasgow Investment

A leading European twine and string factory in the East End of Glasgow, with roots as far back 1880, is currently undergoing modernisation of...
Aberdeen City Council leader Councillor Jenny Laing performed the market open

Aberdeen takes centre stage in London for stock exchange ceremony

The London Stock Exchange market open ceremony was performed by Aberdeen City Council leader Councillor Jenny Laing today (Tuesday 10 January). The event marked the...
Clare Foster

Scottish legal firm helps English council to save £21m

Scottish law firm Shepherd and Wedderburn was involved in a deal to secure a £6.8m Green Loan to Barking and Dagenham London Borough Council. The...
L-R: Jim McBride, Manufacturing Supervisor of Electronics and Microwave divisions, Jim Davidson, CEO of Albacom and Ronnie McKenzie, Surface Engineering & Machining Supervisor

Albacom Expands Capabilities in Oil and Gas with £250K Investment

Albacom, a Dundee-based leading technology company, has relaunched its Surface Technology division after a £250,000 investment, which was supported by Scottish Enterprise. The Surface Engineering...
Mike Wilson, managing director, Ecosse Subsea Systems

Ecosse Subsea Systems profits to double after switch to renewables

Subsea and engineering technology company, Ecosse Subsea Systems Ltd (ESS), said it had benefited as an ‘early adopter’ as it moved from its traditional...
Jamie Grant, Head of Business and Corporate Banking for Barclays Scotland

New lending service from Barclays to help job creation

As new research uncovers over 5,100 extra jobs waiting to be created from Scottish SMEs by 2021, Barclays has launched a mobile business lending...
From left - Louis Schena and Chitresh Sharma

£500,000 boost for loyalty app provider to create 45 Glasgow jobs

Glasgow based Swipii, has secured a half a million pound Regional Selective Assistance grant from Scottish Enterprise, allowing it to expand its operations. The company...
Neil Norman

Partnership aims to boost business angel investment

Accountancy firm Chiene + Tait has announced a partnership with Scotland’s business angel association, LINC Scotland, aimed at supporting its members and enhancing the...
From left - John Hannah, Martin Dalgarno & Alan Masson of SBP

North-east accountancy firm reports record turnover

A North-east accountancy firm has reported a record year in business, increasing its turnover by 20%. SBP Accountants & Tax Advisers, which has offices in...
Roy MacGregor

Drop in profits for Global Energy in challenging market

Turnover at Global Energy Group fell from £376m last year to £292m to the year end March 2016 with profits falling from £14.2m to...
Callum Murray

Legal-tech software startup wins £75k in Scottish EDGE final

Edinburgh based legal-tech software startup Amiqus won £75k in the recent Scottish EDGE final. Backed by The Hunter Foundation, The Royal Bank of Scotland and...

Ness Clothing calls in Administrators

BDO LLP business restructuring partners, James Stephen and Matthew Tait were appointed Joint Administrators over Ness Clothing on Friday 23 December 2016. The Company, based...
Mark McFall

Change Recruitment Group increases revenue to £18m

Recruitment consultancy, Change Recruitment Group (CRG), has reported a 5.8% increase in revenue for 2015/16, to £18.0m compares to £17.0m for the previous year. Last...
Left to right are Marcus Noble, Scott Carnegie and Stuart Mitchell of Quest Corporate

Quest caps 2017 with over £100m worth of deals

Quest Corporate, the Edinburgh-headquartered boutique corporate finance advisory firm, has posted a record year in 2016 capped by yesterday’s acquisition of portfolio company Vermilion...

Administrators appointed for Team Rock Limited

Team Rock Limited, owner of a stable of leading rock music magazines and leading rock music website www.teamrock.com, has entered administration. Joint administrators Tom MacLennan,...
Left to right are John Brett and Shane Presley of Anderson Strathern Asset Management

New Anderson Strathern CEO sets sights on top spot in Scottish market

New Anderson Strathern Asset Management (ASAM) Chief Executive, John Brett, has set his sights on one of the top spots in the Scottish investment...
Brian Dillon, Whiterock Group (left) and Ewan MacKinnon, Maven Capital Partners (right)

Maven Capital Partners invests £1.1m in the Whiterock Group

Private equity house, Maven Capital Partners has invested £1.1 million in the Aberdeen based, Whiterock Group, a Visual Asset Management services specialist. The Group comprises...
(L-R) Nimali Dimunge, Amina Hnkana (owner) and Monalisa Johnson, all from Cuisine Africa

Grameen secures £250,000 to deliver business loans to poor communities in Scotland

Pioneering micro-finance organization Grameen in the UK has secured £250,000 in investment from lender Social Investment Scotland (SIS) to increase the availability and affordability...
Ian Ord

Press & Journal owner makes Fifth Ring investment

DC Thomson, the Dundee based owner of the Press & Journal, has invested in Fifth Ring, the Aberdeen based B2B Marketing communications agency. Records lodged...
Bill Nixon

Maven Capital Partners announces new VCT fundraising

VCT and private equity manager, Maven Capital Partners has announced that Maven Income and Growth VCT 6 has launched a new VCT Offer, which...

Finance News

Promoted Content

Hampton Associates – 5 lessons for 2017

Every day is a school day at Hampton Associates. After an amazing (and extremely diverse) 2016, we wanted to share some of the key...
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

SureVoIP's Managing Director Gavin Henry

Interview: Gavin Henry – A man destined to succeed

SureVoIP's Managing Director Gavin Henry is over the moon about last year's ITSPA award win for Best Business ITSP (medium enterprise), an accolade that...
Ruairidh Wynne-McHardy

Interview: The Scottish Lawyer who became a Digital Entrepreneur

Ruairidh Wynne-McHardy admits that being a qualified lawyer who is also a self-taught programmer is a strange mix but the two skills combined perfectly...
Ray Riddoch

Gillian Thomson: An Interview with Ray Riddoch – Leadership in a Downturn

It feels that in the last two years we have been bombarded with doom and gloom stories here in Aberdeen, where much of the...
Jack Cairney

Interview: Jack Cairney, Founder of BeFound – How to launch a software company

SBNN caught up with BeFound founder and search marketing expert Jack Cairney. We talked about launching a small business, motivation, technology and of course...
Craig Buchan

Craig Buchan: The continuing journey of Qpal

I sat with great expectations of becoming a frequent blogger back in April after I put the finishing touches to my first chronicle, Coming...

Columnists

Mike McGrail

Mike McGrail: My Return to Marketing Consultancy – Week three

It’s fair to say I’m struggling to know how best to name these posts. I think I’ll stick with this iteration. Sorry, I digress....
Julie Mitchell-Mehta

Julie Mitchell-Mehta: Recommended Tools To Help Your Website Work Better

Is your website working? I’m sure you know that it’s live and all the buttons do what they are supposed to do. But is...
Mike McGrail

Mike McGrail: My Return to Marketing Consultancy – Days 2-4

When I published the recap of day 1 last week, I promised myself that I would do the same each day of this week. Clearly,...
Mike McGrail

Mike McGrail: My Return to Marketing Consultancy – Day 1

Well that’s not the catchiest of headlines I’ve ever written, but it does what it says on the tin, right? That phrase is so overused....
Clare Scott

Clare Scott: How does your company cope with Christmas?

It’s December. That means we’re officially allowed to mention the ‘C’ word. But which approach does your company adopt when it comes to the...