Water team on crest of a Wave after awards success

Wave team celebrate their success (pic: contributed)   Water retailer Wave is celebrating winning its first two national employment awards.  The company won two silver awards at the UK Employee Experience Awards (UKEXA) in London, which recognise and reward great employment initiatives in the field of employee engagement.  Wave has worked tirelessly to produce an employee…

Water team on crest of a Wave after awards success was originally published on Daily Business

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Jamie Oliver’s restaurant chain appoints administrators

TV chef Jamie Oliver’s restaurant chain has appointed administrators, putting up to 1,300 jobs at risk. The company has restaurants in Edinburgh Glasgow, among 25 across the UK of which 23 are Jamie’s Italian outlets. KPMG was expected to be appointed as administrator. Mr Oliver said: “I am deeply saddened by this outcome and would…

Jamie Oliver’s restaurant chain appoints administrators was originally published on Daily Business

Taranata unveils Hanya deal and change of senior roles

Paul Atkinson: becomes chairman (pic: Terry Murden)   Recruitment firm Taranata Group has acquired consulting business Hanya Partners and announced that group founder Paul Atkinson will become non-executive chairman. Martin Ewart, founder and leader of Hanya Partners, will take on the role of chief executive of Taranata Group, a new role that will take on…

Taranata unveils Hanya deal and change of senior roles was originally published on Daily Business

Corum adds East Kilbride shopping park to portfolio

The deal for East Kilbride Retail Park ‘shows an appetite for warehouse assets’   East Kilbride Retail Park has been acquired by a property investor in a deal worth £12.25 million, representing a net initial yield of 10.49%. Corum Asset Management, based in France, will add the 59,404 sq ft scheme to a growing commercial…

Corum adds East Kilbride shopping park to portfolio was originally published on Daily Business

Money Dashboard crowdfunds £2 million in 24 hours

Steve Tigar: ‘blown away by response’   Money Dashboard, the personal finance app, raised more than £2 million within 24 hours yesterday after launching Scotland’s biggest fintech crowdfunding exercise privately to its user base. The Edinburgh-based company, now valued at £21m, smashed its initial target of £1.5m within 45 minutes and over the course of…

Money Dashboard crowdfunds £2 million in 24 hours was originally published on Daily Business

Tesco Bank seeks sale of £3.7bn mortgage business

Limited growth has prompted Tesco to seek a buyer for its mortgage portfolio   Tesco Bank has announced that it is pulling out of the mortgage business and is looking to sell its existing portfolio of home loans. This will include the complete transfer of related balances and ongoing administration of relevant accounts. The Edniburgh-based…

Tesco Bank seeks sale of £3.7bn mortgage business was originally published on Daily Business

Deanestor secures its biggest-ever education contract

Inverurie Campus: biggest school project   Deanestor, the furniture and fit-out firm, has been awarded a £3 million contract – its largest-ever in the education sector. The project is for the manufacture and supply of furniture, fittings and equipment for the new £55m Inverurie Community Campus – one of the biggest school construction projects in…

Deanestor secures its biggest-ever education contract was originally published on Daily Business

LendingCrowd in SME loans tie-up with SIB and NIBC

Stuart Lunn: ‘record requests’   LendingCrowd has announced a funding partnership with the Scottish Investment Bank and Dutch entrepreneurial institution NIBC to support SMEs.  NIBC and SIB will provide a combined £18.75 million across LendingCrowd’s platform in the second lending deal that it has agreed with SIB, the first being the £2.75 million commitment it…

LendingCrowd in SME loans tie-up with SIB and NIBC was originally published on Daily Business

Brexit Party faces probe after Brown questions funding

Nigel Farage’s Brexit Party will be quizzed by election chiefs today after former Labour Prime Minister Gordon Brown demanded an inquiry into “undeclared, untraceable payments”. Mr Brown has written to the Electoral Commission calling on it to assess whether the party has sufficient safeguards on its website to prevent the contribution of “dirty money”. A…

Brexit Party faces probe after Brown questions funding was originally published on Daily Business

Goldman Sachs skips Big Four to hire Mazars for audit

US bank Goldman Sachs has appointed Mazars to audit its London-based European operations in a significant break from a Big Four accounting firm. The switch will be seen as a response to concerns over audit performance expressed by MPs and regulators who want to weaken the grip of PwC, EY, Deloitte and KPMG. Recent failures…

Goldman Sachs skips Big Four to hire Mazars for audit was originally published on Daily Business