Finance News
Macfarlane Group sales up 10% to £169.1m
Scotland's Macfarlane Group PLC delivered strong growth in 2015 with sales of £169.1m (2014: £153.8m) up 10% on the previous year and profit before tax of £6.8m (2014: £5.6m), 21% up on the previous year. ...Read More
Go Ape Scotland reports £1.2 million turnover from 50,000 visitors
The Scottish operations of forest adventure company Go Ape has reported a record turnover of £1.2 million and a combined growth of 3% over the past 12 months. ...Read More
Touch Bionics sales up 11% to £15 million in 2015
Livingston based Touch Bionics, a provider of upper limb prosthetic technologies has increased sales to £15 million in 2015, an increase of 11% over 2014. ...Read More
New Sports app launches after raising $150k and attracting some big name investors
A new app designed to take the pain out of organising and finding players for sports matches and games, has launched after raising £150,000 via a recent crowdfunding initiative. ...Read More
Shares in Scottish AIM listed companies rose by 2.57% during 2015
Shares in Scottish companies listed on the Alternative Investment Market (AIM) rose by 2.57% during 2015 according to analysis by accountants and business advisers BDO LLP. ...Read More
Nicola Sturgeon joined by a team of internationally renowned female speakers at first women’s investment conference
Investing Women Angels, Scotland’s only female business angel group, has announced the line up of keynote speakers joining Nicola Sturgeon at the inaugural Ambition & Growth Conference in Edinburgh. ...Read More
IT consultancy Exception acquires mobile app firm Waracle in seven figure deal
IT consultancy and services company Exception has acquired Dundee based mobile app firm Waracle in a seven figure deal. ...Read More
Seven figure funding package for ambitious Border Biscuits
Border Biscuits is aiming to take a bigger bite of the baked goods market in the UK with the support of a seven figure funding package from Clydesdale Bank. ...Read More
Livingston based Route Monkey bought in £9.1 million deal
Livingston based fleet routing specialist Route Monkey has been bought by AIM listed telematics and data provider Trakm8 Holdings Plc for £9.1 million. ...Read More
Scottish investors provide laser technology spin-out with £500,000 backing
A group of Scottish investors has come together to make a £500,000 investment in Chromacity – a university spin out company which makes lasers for the life-sciences industry and spectroscopy market. ...Read More
Turnover and profits up at Macdonald Hotels
Macdonald Hotels, the UK’s largest independent hotel group, has announced it has increased profits and turnover in the last financial year and has effectively reduced debt by almost £100 million by December 2015. ...Read More
Ticketing Firm Targets Global Growth With Equity Funding
Ticketing software firm Red61 has implemented an aggressive growth strategy after securing £572,000 in funding from Venture Capital firm Par Equity. ...Read More
Scottish Equity Partners invests in flash sales website
Scottish Equity Partners (SEP) has invested in SportPursuit.com, the flash sales website for premium outdoor and sports gear. ...Read More
Next Scottish budget date set
A date has been set for when Scotland’s Deputy First Minister and Finance Secretary, John Swinney, will next publish financial plans for the Scottish Government. ...Read More
Scottish private sector rebounds with growth in October
Scotland’s private sector has returned to “expansionary territory” in October, with incoming new business stabilising after September’s fall, according to the latest Bank of Scotland PMI. ...Read More
Fewer Scottish companies failing
The number of Scottish companies which failed in the third quarter of 2015 fell by 8.6%, according to analysis from corporate lawyers Morisons LLP. ...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
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