Financial cloud outfit ploughs £2m into Paisley site

A Renfrewshire-based provider of cloud computing services to the finance industry is set to create 20 jobs as part of a £2 million investment in its facilities.

Tech 1
LendingCrowd is led by co-founder and chief executive Stuart Lunn. Picture: Stewart Attwood

LendingCrowd targets new investors with ‘joining bonus’

Alternative finance provider LendingCrowd is aiming to attract more investors to the peer-to-peer (P2P) market with the promise of a “joining bonus”.

Financial 1
Mining giant BHP Billiton has set itself a target for women to account for half its workforce by 2025, up from the current level of 17%. Picture: STR/AFP/Getty Images

Scottish business wire: McGill’s | London & Scottish | Laird

The main breaking business stories of the day plus recent investments and grants achieved by Scottish firms.

Companies 18
Mars probe was sending a signal through the majority of the descent phase, but it stopped at a certain point believed to be just before landing. Picture: PA

Concern growing for Mars probe after signal lost

Concern was growing last night over an attempt by the European Space Agency (ESA) to land a probe on Mars after scientists revealed the signal had been lost.

Kafoodle aims to help diners and eateries avoid the risk of food allergies. Picture: Julie Bull

Food allergy app sees appetite for growth in Scotland

An app focused on food allergies is to officially launch in Scotland next year, amid an expected strong appetite for the service.

Traveltek founder and managing director Kenny Picken. Picture: Ashley Coombes

Travel booking tech firm checks in with £5.3m funding

An East Kilbride-based provider of booking systems for the travel sector is looking to ramp up its overseas presence after securing a £5.3 million investment.

Tech 1
Growing your businesss requires foresight - picture Arthur's Seat, Edinburgh

What you need to know to grow your business to the next level

Scotland is an amazing place to start a company – with support on hand from Business Gateway, Scottish Enterprise, trade bodies, and professional advisors like accountants and lawyers, entrepreneurs are spoiled for choice when it comes to seeking help.

Sonar Images of the 45m long vessel. Picture: Scottish Power

German U-boat - abandoned due to “sea monster” - found in Stranraer

The wreck of a First World War German U-boat whose captain claimed to have encountered a giant sea monster before being captured by the British may have been discovered off the coast of Scotland.

Dumfries & Borders 3
More than three billion barrels of oil remain untapped in the North Sea, according to the OGA. Picture: Danny Lawson/PA Wire

North Sea industry seeks to tap into ‘small pools’

The regulator for the North Sea industry has highlighted the “very significant” potential of more than three billion barrels of oil waiting to be tapped in UK waters.

News 2
Jenny Constable won't let online trolls prevent her from joining in debates. Picture: Contributed

Jenny Constable: I received rape threats for commenting on Ched Evans case

More needs to be done to tackle online trolls who use social media platforms to post abusive messages to women, writes Jenny Constable

Tech 4
Retaining the best people for your team can be a struggle as a start up company. Picture: Contributed

How to retain the best people as a tech start-up company

When you’re starting a tech company, you really feel the adrenaline pumping – you’re launching your first product, you’re opening your first office, you’re hiring your first staff.

Skyscanner is led by chief executive and co-founder Gareth Williams. Picture: Esme Allen

Skyscanner said to mull possible sale or flotation

Skyscanner, the Edinburgh-based travel search engine valued at more than £1 billion, is considering a possible sale or initial public offering (IPO), it was reported today.

Tech 7
MBN Solutions chief executive Michael Young. Picture: Contributed

MBN lands deal to find jobs for Data Lab graduates

Specialist recruitment firm MBN Solutions has won a deal to help find roles for master’s students on courses backed by Scotland’s publicly-funded innovation centre for data science.

New guidance on whether messages posted online constitute a crime was issued to police officers in 2014. Picture: PA

Scottish journalist left ‘shaken’ by online rape threats

A young journalist has spoken of her fear after being subjected to rape threats on social media.

Glasgow & Strathclyde 9
Omega Diagnostics said the weaker pound has helped to boost its revenues. Picture: Contributed

Omega Diagnostics gets shot in arm from weak pound

The weakening pound is fuelling double-digit sales growth at Omega Diagnostics as the Scottish firm posted a positive trading update yesterday.

Scots businessman Luke Heron set up ByPost six years ago.

Postcard app ByPost boss fears for future after customer complaints

HUNDREDS of customers have complained after a postcard app run by Scots entrepreneur Luke Heron has left them out of pocket - taking money for goods which have not been sent.

School pupils take part in a Discovering Digital World event held in Dynamic Earth, Edinburgh, in April. Picture: Ian Georgeson/TSPL

Schools urged to sign up for Digital Xtra funding

With digital literacy becoming a basic requirement for an ever growing number of businesses, the need to equip young Scots with the right skills for the future has never been greater.

Skilled workers may turn away from the UK in the event of a 'hard Brexit', warned the head of ACCA Scotland. Picture: Jane Barlow

Scotland risks professional ‘brain drain’ outside EU

The prospect of a “hard Brexit”, placing restrictions on the freedom of movement by EU nationals, could have a severe impact on Scotland’s ability to retain a skilled workforce, a senior accountant warned today.

Management 38
The new app aims to make it easier for young people to access concession fares or discounts when travelling. Picture: Danny Lawson/PA Wire

Young Scots aim to build ‘revolutionary’ transport app

A consortium of industry experts is working with a team of young Scots to create a service to “revolutionise transport” in Scotland.

Tech 2

Edinburgh Zoo earns its stripes through tiger research

Edinburgh Zoo is developing pioneering conservation techniques to boost the survival of endangered cat species ranging from tigers to the Scottish wildcat.

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