CGI preview of the building

£7million distillery to open in Edinburgh next year

John Crabbie & Co is to build a new single malt whisky distillery in Leith, Edinburgh, reviving one of the most famous brand names in Scotch whisky. Crabbie parent company, Halewood Wines & Spirits plans…

From left Martin Leonard, Castlight COO & Phil Grady CEO

Castlight Financial assists HSBC UK to deliver bank’s first open banking loan

Castlight Financial, the Glasgow-based financial capability company, has partnered with HSBC UK in the delivery of the bank’s first open banking loan. Following a test and pilot programme, HSBC UK has used Castlight Financial’s powerful…

Liam Fox

Global investment drive could bring more than £30 billion to the UK

International Trade Secretary Dr Liam Fox has launched a new drive to attract more than £30 billion of investment to 68 projects across the UK while attending a meetiing of the Board of Trade in Stirling.…

Pufferfish targets £900,000 crowd funding raise

Technology company Pufferfish launched its £900,000 Crowdcube crowd funding campaign this week. The Edinburgh-based producer of innovative interactive spherical-display solutions is growing and expanding its international reach and is now offering the public the chance to…

From left, Stuart Cooper and Brian McMurray of AAB's Corporate Finance team with Daniel Crozier of Aphrodite x Venus

AAB secures significant six figure investment for luxury fashion brand

Aberdeen based luxury fashion brand Aphrodite x Venus Limited (AxV) has secured a six-figure equity investment from private investors. The funding secured will aid in the continued development of the product range and help establish…

Apex City Quay Hotel & Spa

Multimillion pound refurb complete at Apex City Quay Hotel & Spa Dundee

A £2.4 million refurbishment of Dundee hotel, Apex City Quay Hotel & Spa, has been completed. The hotel, consistently voted number one on TripAdvisor for Dundee, has seen all 151 bedrooms and suites throughout the hotel…

From left - Colin Hunter, partner at Breeze Dental and Charles Robertson, Relationship Director at Royal Bank of Scotland.

Ayrshire dentists sink teeth into expansion

A dental clinic in Troon, Breeze Dental, has new owners thanks to a six-figure finance package from Royal Bank of Scotland. Dental partners and long-term friends, Greig Stevenson and Colin Hunter, have bought the practice,…

Ian Macleod

Board changes at Scottish business angel investment syndicate, Archangels

Ian Macleod, has joined the board of Archangels, the prominent business angel investment syndicate, succeeding Geoff Ball, who has retired after seven years. Archangels’ members invest in, and mentor, promising start-up and early stage companies…

Left to right are Paul Roach and Nick Jones (by Stewart Attwood)

World’s first cryptocurrency P2P platform targets sports betting market

The world’s first crypto currency peer-to-peer (P2P) sports betting platform has been launched by a team of industry specialists, aimed at disrupting a global online sports betting market now valued at over $50 billion. Mungoparc,…

David Currie

Proserv completes $50m financial restructuring

Energy services company, Proserv, has completed a successful financial restructuring, strengthening the long term plans of the company. Through a debt-for-equity exchange and injection of a $50 million investment, the company’s two largest lenders - KKR…

Lloyds Banking Group launches £2bn clean growth finance

Lloyds Banking Group has launched £2bn of new funding to help UK businesses invest in a more sustainable future and increase productivity. The Clean Growth Finance scheme aims to deliver the most inclusive UK green funding…

Shell LiveWIRE Young Entrepreneur of the Year - Douglas Martin

SME wins national Shell LiveWIRE Young Entrepreneur of the Year award

Edinburgh based MiAlgae was named the 2018 Shell LiveWIRE Young Entrepreneur of the Year at the highly anticipated Shell Enterprise Development Awards in London. MiAlgae beat five other national finalists to take home the top…

The Ship on the Shore

The Ship on the Shore completes redevelopment following £550,000

The Ship on the Shore, the renowned seafood restaurant in Leith, Edinburgh, has completed the redevelopment of a new bar area after receiving £550,000 funding from Santander Business Banking. The Ship on the Shore is…

(Sitting l-r) Paul Wheelhouse, Patrick Kane, (Standing l-r) Hugh Gill, Michael Cannon

Prosthetic technologies firm to invest £5.6 million in Scotland

Designer and manufacturer of world-leading prosthetic technologies, Össur, has cemented its commitment to Scotland with an agreement to invest £5.6 million over a three year period to develop ground-breaking myoelectric prosthetic hand and arm solutions…

Sir Ian Wood and Stephen Coleman

Opportunity North East launches new partnership with business incubator CodeBase

Private sector led economic development company Opportunity North East (ONE) is launching a new partnership with tech business incubator CodeBase. ONE CodeBase aims to capitalise on the specific opportunities to support growth in the industrial digital space…

Brian Machray

Allied Irish Bank appoints Edinburgh based head of manufacturing

Allied Irish Bank (GB) has appointed Edinburgh-based Brian Machray as its new head of manufacturing, following the announcement of its dedicated manufacturing fund earlier this year. Brian previously ran his own equity advisory firm and…

Gordon McConnell

£1.6m initiative to find the next generation of North East university startups and entrepreneurs

Robert Gordon University (RGU) will launch the first funded startup accelerator programme in North East Scotland to support entrepreneurial students, staff and recent alumni to create new businesses with up to £10,000 of funding each.…

Francisco Carreño and Pierre Guglielmi

Glasgow-based inventors are developing the world’s smallest dishwasher.

A Glasgow-based engineering company, providing a smart alternative to washing by hand for students and young professionals who live alone in small flats and studios, is raising money in VOOM Pitch, a UK-wide crowdfunding competition. Founded…

Sandy Kennedy

£650,000 boost for Entrepreneurial Scotland

New funding to support entrepreneurs has been announced by First Minister Nicola Sturgeon. The £650,000 investment into Entrepreneurial Scotland will help drive entrepreneurial networks so that budding entrepreneurs can use them to share ideas, experience…

Keith Brown

Scottish National Investment Bank ‘will receive £2 billion in capital over ten years’

The new Scottish National Investment Bank will receive £2 billion in capital over ten years, Economy Secretary Keith Brown has announced. Responding to the Implementation Plan drawn up by Benny Higgins and his Advisory Group…

Finalists announced for Scottish EDGE 12

Scottish EDGE has announced the latest round of finalists, while taking the UK’s largest business funding competition out of its Edinburgh home for the first time since its inception in 2013.   The latest round…

View from the Laird’s Table

Barclays supports Craufurdland Estate with £500k package

Craufurdland Estate in Kilmarnock, has received funding from Barclays to help launch the Laird’s Table, a new restaurant set in the grounds of the 800-year old, family-owned Estate. The restaurant, set on a loch in…

Edinburgh Gin Deal Just The Tonic For £100k Musselburgh Scottish Sprint Cup

Edinburgh Gin has teamed up with Scotland’s fastest horse race in a three-year sponsorship deal. The £100,000 Edinburgh Gin Scottish Sprint Cup at Musselburgh Racecourse on Saturday 9 June is a highlight of the Scottish…

Clydesdale Bank owner makes Virgin Money takeover bid

The owner of the Clydesdale Bank, CYBG, has made an all-share £1.6 billion take over bid for Edinburgh based Virgin Money. The merger would create a six million personal and business customer ‘challenger’ bank according to CYBG…

Colin Kennedy

MBO at Glasgow-based ICS Learn leads to Par Equity exit

Glasgow-based ICS Learn has completed a management buyout of the business from the current owners, Angus MacDonald and Par Equity who received a 75x return on their money in a little over five years. [adbutler…