Latest Strathclyde and Glasgow Finance News

Roofing firm to expand with £1.2m funding package

A Blantyre roofing firm is planning to expand further across the south of England, after securing a seven-figure funding package from Bank of Scotland. ...Read More

Bank of Scotland chief economist to retire

Bank of Scotland’s chief economist, Donald MacRae, has announced he intends to retire next month. ...Read More

Bank of Scotland unveils BBC Children in Need polymer fiver

Bank of Scotland has unveiled its first polymer banknote, a limited edition fiver for BBC Children in Need with a theme drawn up by a Dundee school pupil. ...Read More

Scottish output now 3% higher than pre-recession peak

New Gross Domestic Product figures have shown that Scotland’s economy expanded further in the second quarter of 2015, with output now 3.0% above its pre-recession peak. ...Read More

Market uncertainty sees Scottish AIM shares fall 8.39%

Shares in the Scottish companies listed on the Alternative Investment Market (AIM) fell by 8.39% in the third quarter of 2015, but their value is still above that of Q1 2015. ...Read More

Pensions Regulator calls on employers to act now ahead of automatic enrolment

The Pensions Regulator is calling on employers at Scotland’s small and micro businesses to “act now,” as the countdown for automatic enrolment has begun. ...Read More

Recycling business cleans up with support from Clydesdale Bank

A Lanarkshire recycling business has tripled the number of staff it employs and substantially increased turnover thanks to a £4 million funding package from Clydesdale Bank. ...Read More

Browns Food Group to support growth with £20m funding deal

Browns Food Group has secured a £20million funding package from Bank of Scotland, which will be used to support its ongoing strategic growth and investment. ...Read More

Profits soar at Finsbury Food Group

Adjusted operating profits have risen 61% at speciality bakery manufacturer Finsbury Food Group, which has several bases in Hamilton. ...Read More

Reid Brothers secures buyout with support from UK Steel Enterprise

A recent MBO by Glasgow-based strapping firm, Reid Brothers Int Ltd was made possible with financial backing from UK Steel Enterprise (UKSE). ...Read More

John Clark reports turnover up 28% to £604m

John Clark Motor Group (JCMG) has revealed its latest finiancial details with turnover increasing 28% to £604m and operating profit, before interest, rising to £12.3m from £8.9m in 2013. ...Read More

Dairy business success with support from Royal Bank of Scotland

Glasgow's McQueen’s Dairies has purchaced its premises and installed a new production and bottling line to enable it to keep up with demand and allow expansion. ...Read More

SEP marks strong year with £99 million invested

Venture capital firm Scottish Equity Partners (SEP) has had a busy year completing investments totalling £99 million during the year to 30 June. ...Read More

Brodies reports 11.2% revenue growth to £57.94m

Scottish legal practice Brodies LLP has increased turnover by 11.2% increase to £57.94 million for year end 30 April 2015. ...Read More

Angel group and Scottish Enterprise lead £1.2million cancer trial investment

Scotland’s only female angel group, Investing Women, and Scottish Enterprise have led a £1.2million investment to fund a cancer therapy trial for patients in Glasgow, Edinburgh, Aberdeen and Southampton. ...Read More

Scottish Equity Partners leads $22m investment in language app

Language learning app Babbel has seen the completion of a $22million USD round of investment to drive further growth, led by Scottish Equity Partners and supported by a number of existing investors. ...Read More

Gillespie Macandrew increase turnover to £9.8m with dip in profits

Independent Scottish law firm Gillespie Macandrew LLP has confirmed a 2% increase in turnover to £9.8m in the year to 28 February 2015. ...Read More

Pinsent Masons sees turnover rise 12% to £362.2m

International law firm Pinsent Masons has seen its global turnover rise by 12% to £362.2m on FY13/14. Profit per equity partner increased to £538,000. ...Read More

HSBC launches £400m fund to help Scottish SMEs

HSBC has launched a £400million fund to support new and growing SMEs in Scotland, as part of a wider UK pot of £8billion. ...Read More

Barclays launches £100m fund to help tech firms

Barclays is launching a £100million fund to help fast-growing technology businesses across the UK. ...Read More

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