Business

Scottish Entrepreneur Secures Landmark Deal with Northern Powerhouse Investment Fund II

Scottish Entrepreneur Secures Landmark Deal with Northern Powerhouse Investment Fund II

Scottish entrepreneur David Broom has achieved a significant milestone by securing the first deal with the Northern Powerhouse Investment Fund II (NPIF II). His dynamic storytelling brand agency, B7, based in Newcastle-upon-Tyne, has received an investment from NPIF II – NEL Smaller Loans. This funding will enable B7 to expand its team, invest in state-of-the-art equipment, and explore new business opportunities, including a potential expansion into the US market. This deal marks a pivotal moment for Broom and his agency, setting the stage for accelerated growth and innovation. A Strategic Investment for Growth The investment from NPIF II is a…
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Misleading Promises: The Case of Premier Inn’s Banned Advert

Misleading Promises: The Case of Premier Inn’s Banned Advert

In a recent turn of events, Premier Inn faced scrutiny as their advertisement promising rooms “from £35 a night” in Edinburgh was banned. This decision came after a complaint to the Advertising Standards Authority (ASA), which led to an investigation revealing that the advertised price was not widely available, thus misleading consumers. The Allure of a Bargain The appeal of affordable accommodation is undeniable, especially in a city as popular as Edinburgh. Premier Inn’s advert tapped into this desire, promising rooms at a seemingly unbeatable rate. The campaign caught the eye of many, but it also raised eyebrows when the…
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Royal Bank of Scotland Announces Significant Branch Closures Amidst Digital Shift

Royal Bank of Scotland Announces Significant Branch Closures Amidst Digital Shift

In a move reflecting the changing landscape of banking, the Royal Bank of Scotland (RBS) has announced the closure of 18 branches across Scotland, including six in the Glasgow area. This decision comes as a response to the increasing trend of online banking, with RBS reporting that over 80% of their active current account holders now bank digitally. The Digital Banking Era The transition to digital banking has been accelerating, with more customers opting for the convenience of online transactions. RBS has noted a significant shift in customer behavior, with a staggering 97% of retail accounts being opened online. This…
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From the Sea to Success: The Scottish Fisherman’s Innovative Venture

From the Sea to Success: The Scottish Fisherman’s Innovative Venture

In the serene coastal town of Scotland, a local fisherman’s ingenuity has sparked a wave of interest in the seafood industry. This article delves into the journey of a man who turned the tide of his fate by selling langoustines directly to consumers, bypassing traditional market routes. The Voyage Begins The story starts with a simple yet revolutionary idea: what if the middlemen were removed from the seafood supply chain? Our protagonist, a seasoned fisherman named Scott MacDougal, decided to take a leap of faith. He began selling his catch directly to the locals, offering fresh langoustines right from his…
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Pioneering Energy Efficiency: DM Hall Hires First Energy Services Manager

Pioneering Energy Efficiency: DM Hall Hires First Energy Services Manager

In a strategic move to bolster its commitment to sustainability, DM Hall, a renowned property consultancy firm, has taken a significant step by appointing Billy Thomson as its first Energy Services Manager. This pivotal role is designed to drive the company’s energy efficiency initiatives and offer innovative solutions to its commercial clients, aiming to significantly reduce energy consumption within their properties. A Visionary Approach to Energy Management Billy Thomson joins DM Hall with a wealth of experience and a track record of excellence in energy management. His expertise is expected to bring a fresh perspective to the firm’s energy strategies.…
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Scottish Pubs: The Last Call Comes Early Amid Economic Downturn

Scottish Pubs: The Last Call Comes Early Amid Economic Downturn

In a stark reflection of the economic challenges sweeping across Scotland, pubs have begun signaling last orders well before the usual time. This drastic measure comes as a response to the severe downturn in the economy, leaving many establishments struggling to stay afloat. With patronage dwindling, some pubs have resorted to closing their doors on quieter days, a move that underscores the dire situation facing the hospitality industry. The Struggle to Keep the Lights On The once-bustling atmosphere of Scottish pubs is now subdued, with the clinking of glasses and the murmur of conversations fading into silence earlier in the…
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Stirling’s Finest: Celebrating Local Business Excellence at the 2024 Awards

Stirling’s Finest: Celebrating Local Business Excellence at the 2024 Awards

Stirling’s business community donned their finest attire for the 2024 Stirling Business Awards, a night dedicated to recognizing the achievements and entrepreneurial spirit of the city’s independent businesses and charities. With a record number of public votes, the event shone a spotlight on the individuals and teams driving local economic growth and community development. Spotlight on Community Champions The evening was a vibrant celebration of Stirling’s community spirit, with Stirling Community Enterprise receiving the Outstanding Contribution to Stirling Award. Their unwavering commitment to supporting unemployed individuals in finding sustainable work has made a significant impact across the region. Start Up…
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Perth’s Pioneering Spirit: The Mi Rewards Revolution

Perth’s Pioneering Spirit: The Mi Rewards Revolution

In the historic city of Perth, a groundbreaking initiative is redefining the local shopping experience. The Mi Rewards program, a collaboration between local businesses and fintech innovators, has been relaunched with a major update, offering exclusive local offers that promise to invigorate the city’s economy and reward its residents. A New Era of Local Loyalty The revamped Mi Rewards program is a beacon of innovation in the loyalty program landscape. It’s not just a scheme; it’s a movement towards fostering a community-centric shopping culture. With a diverse array of businesses, from Perth Distillery to Cullach Brewing, participating, the program is…
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Ted Baker’s Uncertain Future: A Fashion Empire on the Brink

Ted Baker’s Uncertain Future: A Fashion Empire on the Brink

The iconic British fashion brand Ted Baker faces an uncertain future as its US owner, Authentic Brands Group, has filed for administration. This move could potentially affect hundreds of jobs and the fate of 86 stores worldwide. The Announcement The fashion world was rocked by the news that Ted Baker’s parent company had filed a notice of intention to appoint administrators. This decision comes after a tumultuous period marked by financial struggles and management upheavals. The brand, once celebrated for its quirky and high-quality designs, has seen its fortunes wane in recent years. The first signs of trouble appeared when…
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A Sweet Surprise: How a Coatbridge Shop Became a Star of Cadbury’s Advert

A Sweet Surprise: How a Coatbridge Shop Became a Star of Cadbury’s Advert

A corner shop in Coatbridge has made a splash on the national television as it featured in the latest advert by Cadbury. The shop, which has been in business for over 200 years, was chosen by the chocolate giant to showcase its new campaign. This is the second time the shop has appeared in a Cadbury advert, making it a local celebrity. The Corner Shop with a History The shop, located on Quarry Street, is owned by the McKeown family, who have been running it since 1978. The shop was originally opened in 1819 by a man named John McEwan,…
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