INDEPENDENT venture capital investors Albion Ventures and Scottish Equity Partners (SEP) have invested a total of £3.2 million in health technology company Exco InTouch, which has grown revenues by 66 per cent over the last year.
UNDERSEA communication specialist Nautronix has seen turnover jump by 15 per cent year on year in the 12 months to June 30, but noted that a £2.4 million inter-company write-off dragged down profit for the period.
MIKE Ashley's Sports Direct International is investing in a 30,000 square feet extension at one of its major Scottish city stores as it continues to look at ways to expand its high street presence in the UK and abroad.
Pinnacle Technology, which recently raised £560,000 to support its turnround strategy, is strengthening its sales and marketing in a partnership with Astute, a market leader in generating demand for IT services from businesses.
RELAXING trade restrictions between the US and the EU via the proposed Transatlantic Trade and Investment Partnership (TTIP) would have far-reaching benefits for the Scottish economy, allowing exports to flourish by removing prohibitive costs.
Transport operator Stagecoach today warned of lower earnings from its regional UK bus operations and US business this year though said its share of Virgin Rail operations should help make up the shortfall.
EasyHotel, which has three hotels in London, Glasgow and Croydon as well as 17 franchised sites, said occupancy and revenues per available room were ahead of its expectations in the year to September 30.
Johnston Carmichael, Scotland??s largest independent accountant, grew turnover by 10 per cent last year and says a slight fall in average partner profit to £203,000 reflects record levels of investment in growing the business.