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Day: 29 January 2020

Tech support

Growth firms benefit from record angel investment

David Grahame, Linc Scotland
David Grahame: angel community shows tremendous energy Scottish growth firms enjoyed record funding from business angels last year. New figures show members of the LINC business angel association concluded 103Read More

Lloyds cutbacks

Fifteen more Bank of Scotland branches to close

Bank of Scotland
More Bank of Scotland branches to close (pic: Terry Murden) Lloyds Bank has announced a further 56 branch closures, including 15 branches of Bank of Scotland. The company said theRead More

Telecommunications

Bluetooth pioneer Collinson joins PureLiFi board

Glenn Collinson
PureLiFi, which has developed a means of transmitting data via light, has appointed bluetooth pioneer Glenn Collinson to the new position of non-executive director. The announcement comes shortly after Edinburgh-based PureLiFiRead More

Expansion on the menu

Buzzworks serves up rise in turnover after investment

Scotts South Queensferry
Scotts at South Queensferry is one of the chain’s outlets A programme of investment by Buzzworks Holdings, the Prestwick-based hospitality group, has seen the company report an increased turnover ofRead More

Media group takes hit

Guardian takes green stand with ban on fossil fuel adverts

The Guardian
Green guardian: the news group is taking a stand The Guardian media group will no longer accept advertising from oil and gas companies in a stand against fossil fuels. ItsRead More

£100m project approved

Glasgow Harbour ‘will complement’ city retail mix

Glasgow Harbour Outlet
Glasgow Harbour: will ‘complement’ the retail and leisure mix A proposal to redevelop a derelict Glasgow site on the south bank of the Clyde has been approved by the cityRead More

Investor update

M&G property fund remains suspended as asset sale goes on

Glasgow
The asset manager is completing disposals M&G’s £2.5bn property portfolio will remain suspended as it continues selling properties to boost its cash position. The company suspended the fund last month blaming “Brexit-relatedRead More

Campaign closes

Innis & Gunn hits £3m target for funding new brewery

Innis Gunn Edinburgh brewery
Beer money: the finance will build a brewery at Heriot-Watt Scottish brewer Innis & Gunn has reached its £3 million crowdfunding target to help finance its new brewery at HeriotRead More

Health alert

British Airways suspends flights to and from China

British Airways pic
Flights suspended: BA will not be flying to China British Airways said it has suspended bookings to Beijing and Shanghai until March, as the death toll from the coronavirus outbreakRead More

Ofgem penalty

Big six challenger Ovo Energy fined for overcharging

Electricity bill
Overcharged: Ovo will pay a penalty Ovo Energy, the big six energy challenger, has been fined £8.9m by Ofgem for issuing inaccurate or incomplete information to customers, and for underRead More