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Glasgow-based sustainable packaging firm Cullen Eco-Friendly Packaging has revealed ambitious plans for a major expansion that will make it one of the world’s biggest fibre packaging manufacturers. Cullen Eco-Friendly Packaging is investing £15 million in a new innovation and design hub,

House prices decreased marginally (-0.1%) in September, compared to rising 0.3% in August, according to the latest Halifax House Price Index. The change marks the second marginal decrease over the past three months.

Scotland’s share of the UK’s film studio space continues to grow, as more re-purposed properties and studio conversions underpin the ambition of making the country a hub for high-end productions, according to new analysis from Knight Frank. The independent commercial property consultancy

A new report released today by Barclays Corporate Banking reveals that click-and-collect shopping will be worth £2.55 billion in Scotland this year, representing 38.4% of retail income north of the Border. This growth follows the broader national trend, that has seen the click-and-collect econ

Scotland’s economy is likely to contract in the second half of 2022, according to researchers at the Fraser of Allander Institute. The Institute’s quarterly Economic Commentary, which includes an assessment of all the key latest data on the UK and Scottish economies, is published today.

Invest2Scale has announced key sponsors which will be supporting next month’s inaugural event where revenue-generating, scalable Scottish companies will be showcased. The list of sponsors includes MarktoMarket, British Business Bank, The Scottish National Investment Bank, Cazenove Capital, and

The Financial Conduct Authority (FCA) is concerned that as pressure mounts on household budgets some customers may cut-back on the insurance they need, leaving them without protection.

Young Enterprise (YE) Scotland, enterprise and financial education provider, has appointed Emma Soanes as its new chief executive to succeed Geoff Leask. Taking up the post in October, Ms Soanes, who will step down as CEO of Unity, brings 30 years’ knowledge and experience in the thi

The reduction of the limit for sequestration proceedings at the end of this week could lead to a wave of smaller businesses in Scotland being made bankrupt, according to full-service legal firm Gilson Gray. On September 30th, the limit for pursuing sequestration will be lowered from £10,000 to

Finance advisory firm Hutcheon Mearns has enhanced its corporate finance offering with the appointment of two new senior team members and the promotion of another following a period of significant growth. Hutcheon Mearns has advised on or supported transactions with a total valuation of over £

The UK government has today published details of the Energy Bill Relief Scheme, which will protect businesses from the worst of the current increases in international energy prices, by providing a discount on wholesale gas and electricity prices. The scheme will apply to energy usage from 1st Octobe

A Scottish tech business has announced the launch of its all-in-one hospitality solution in India later this month. Following positive reactions from beta testing in India, Edinburgh-based ePOS Hybrid is planning to invest £2 million over the next 3 years into its overseas venture with bosses

The Office for National Statistics (ONS) has reported a fall in retails sales volume of 1.6% for August continuing a downward trend since summer 2021 and significantly worse than expectations. This follows the lifting of restrictions on hospitality which has likely caused a shift in where consu

Shell has announced that Ben van Beurden will step down as CEO at the end of 2022, and that his successor will be Wael Sawan. The change in leadership comes amid the current energy crisis and as Shell prioritises its future business focus on renewables. The incoming CEO, Mr Sawan, is currently 

Aberdeen-headquartered, global energy sector mechanical engineering company, EnerMech has opened its first facility in Ireland, investing €9.2 million (£8m) and creating approximately 170 jobs opportunities over the next three years. The base cements the integrated solutions speciali