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Day: 15 July 2021

Funding round

Revolut ‘now worth more than NatWest’

Martin Gilbert, Standard Life Aberdeen
Martin Gilbert: Revolut will get into fund management (pic: SNS Group) Revolut, the digital banking and payments start-up chaired by Scots financier Martin Gilbert, now has a higher valuation thanRead More

Green deal

SSE offers new customers 100% renewables supply

turbines
Companies will know where their energy comes from Businesses signing up for fixed contracts with SSE will now receive all their electricity from traceable, renewable sources. SSE, which is theRead More

Data science

Ex-Accenture Scotland MD Bayne to chair Data Lab

Les Bayne
Les Bayne: new chairman Scotland’s innovation centre for data and AI, The Data Lab, has appointed former Accenture Scotland managing director Les Bayne as chairman. Mr Bayne recently founded AlbaRead More

Ad revenue up

STV rises as Euro 2020 delivers record viewers

England v Scotland at Euro 2020
Euro 2020 was a big hit with viewers (pic: SNS Group) STV said advertising revenue rocketed as the Euro 2020 tournament helped it enjoy the highest viewing growth of anyRead More

New restaurant

Stack & Still flips Jamie’s into pancakes outlet

Paul-Reynolds-and-Graham-Swankie
Flat out: Paul Reynolds and Graham Swankie are expanding Stack & Still, the UK’s biggest urban pancake business, is expanding into Edinburgh with the launch of a branch in theRead More

Market report

ASOS sees switch to occasion wear | jobless rate falls

Asos
REFRESH PAGE FOR UPDATES 5pm: London lower Stocks in London closed sharply lower amid concern that a spike in coronavirus infections driven by the Delta variant may impact on theRead More

Firm collapses

Glasgow builder Titan Homes in administration

Titan-Homes-
Proposed flats in Partick Property developer Titan Homes has fallen into administration after a period of financial difficulties. The Glasgow-based company has appointed Ian Wright and Scott Milne of businessRead More

Hospitality plan

Green training for hotels ahead of COP26

Hamish-Sherlock-of-Fifty-Shades-Greener
Hamish Sherlock: potential for impact A ‘green training’ provider has been appointed to ensure all official accommodation for guests, delegates and support staff at COP26 in Glasgow is in lineRead More

Law

Shoosmiths takes new space in Garment Factory

Barry-McKeown
Barry McKeown: expanding the footprint UK law firm Shoosmiths has taken office space in Glasgow’s innovation district, leasing about 5,000 sq ft of space on the fifth floor of TheRead More

Company finance

Small growth firms face funding shortage

Money
A gap is emerging in supply and demand Smaller businesses are facing a shortage of available funding to support their growth plans, according to new research. A majority (84%) ofRead More