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VC Par Equity launches £100 million fund to help scale Scottish high-growth tech-companies

Edinburgh-based venture capital firm Par Equity has announced the launch of its new venture fund – Par Equity Ventures I LLP. The firm has secured a first close of £67m to boost innovative technology companies with high-growth potential in Scotland and the North of the UK. Par Equity will continue raising capital to close out the […]

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Technology pioneers lead the charge to accelerate UK SMB digital adoption

Leading UK technology pioneers are collaborating to launch a solution to help accelerate digital adoption amongst small and mid-sized businesses (SMBs) to help boost the nation’s productivity; it has been announced today. British telecommunications leader Vodafone UK, global tech innovation firm Cisco, market leading SMB technology company Sage and Google are among the backers of

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CMA launches Green Agreement to promote environmental sustainability

The Competition and Markets Authority (CMA) have launched the Green Agreements Guidance, developed to help businesses understand how they can collaborate on environmental sustainability goals, without breaking the law. It will set our key principles which apply and offer practical examples that businesses will be able to use to inform decision making when working with

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Hospitality venue welcomes 250,000 visitors during Fringe

Edinburgh based event and hospitality venue is thriving as it records its most successful business period to date after hitting record numbers during the Edinburgh International Fringe Festival. Surgeons Quarter (SQ), one of Edinburgh’s largest Fringe performing spaces, boasted a record 250,000 visitors to the Royal College of Surgeons of Edinburgh’s (RCSEd) campus and increased

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Business Stream relocates HQ in a step towards net zero

The UK’s longest-established water retailer has moved headquarters for the first time since it began operations in 2008, as it closes in on its target to be net zero by 2030. Business Stream has signed a long-term lease at Lochside Crescent in Edinburgh, just 800m from its previous residence at Lochside View. The 300-strong business

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Increase in new work for leading visual marketing company after successful campaign

A leading Derby business has seen its workload increase substantially after hugely successful campaigns with top Learning and Development companies across the UK. Visual marketing agency Briight has received critical acclaim for creating bold and eye-catching training videos for employees at councils, energy companies, transport sectors and supermarkets. Briight, which has been successfully applying its

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Sonovate increases securitisation to £240 million bolstering its lending capabilities and international reach

Sonovate, the leading provider of finance and payment solutions for the contingent workforce, has announced a significant increase in its securitisation to £240 million from the £165 million announced last year.  This latest development comes with the strategic addition of Lloyds Bank to its group of finance providers. In joining Sonovate’s finance providers, Lloyds Bank

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Scotcoin appoints new Web3 partner ahead of listing

Scotcoin has appointed Blockraise, the Zurich based boutique Web3 venture accelerator firm, to support its plans for the next phase of its development. Blockraise will play a key role, similar to a nominated adviser, in making the ethical cryptocurrency accessible to a global audience. Among other areas, the firm will advise Scotcoin on its liquidity

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SaaS firm strengthens its leadership team with a key appointment

EviFile, the Leeds based independent SaaS firm redefining field data collection has announced the appointment of Lucy Flaherty (pictured above) as its people and operations director. With a distinguished career spanning two decades, Lucy brings a wealth of experience in operations, project management, and people operations, making her a valuable addition to eviFile’s executive team.

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Three quarters of UK businesses struggling to source staff

The post-pandemic hiring boom is in decline as three-quarters of UK businesses admit to struggles with staff recruitment, according to new research from the British Chambers of Commerce (BCC). Hiring intentions were also shown to be continuing to fall last month. The BCC surveyed almost 5,000 companies, and found that 73% had faced hiring difficulties

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