Edinburgh-based Stellar Omada has recorded revenue of £16.3 million in the year to 31st December 2022, up from £9.1m in the previous year. The company, which specialises in programme delivery and service management, marked its 4th anniversary in 2022, and CEO Colin Frame says there will
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A major research and development (R&D) project expected to create up to 500 jobs is under way in the Highlands after securing a £2.8 million investment from Highlands and Islands Enterprise (HIE). If successful, the total £14m R&D spend by Ross-shire Engineering Limited (RSE), wi
Savills has forecast that investment in commercial property in Scotland this year will surpass the £2.39 billion that traded last year in a reversal of 2022’s strong start and weak finish. In its latest UK Commercial Market in Minutes the firm suggests low transaction volumes will remain
A lawsuit worth over $10 million (£8.3m) has been brought against a lawyer for allegedly using company funds for her personal use, citing breach of written contracts, fraud, and civil theft. The plaintiff, LDR International Limited, alleges that Sara Jacqueline King, a lawyer working for a len
ESPC will host an event for buy-to-let investors that will take place later this month. Date: Thursday 23rd February Time: 5:30pm-7:45pmLocation: 107 George Street, Edinburgh, EH2 3ES
Royal Bank of Scotland owner NatWest Group's CEO is has received £5.25 million in compensation for 2022 as the bank reported profits of £5.1 billion, the highest since before the financial crisis. Attributable profit was up to £3.3bn for the year ended 31 December 2022 fr
Capricorn Energy and NewMed Energy have mutually agreed to terminate their proposed merger, following a strategic review by the new board of Capricorn. The merger, which had been promoted by the former board, was scheduled for a shareholder vote next week, but has now been called off.
Chivas Brothers, the Pernod Ricard business dedicated entirely to Scotch whisky, reported performance with organic net sales up +23%, in its half-year results for the six months ending 31 December 2022, compared to HY23. This firm attributes the strong performance to its strategic focus on portfolio
FRP Advisory, the administrators of Dawnfresh Seafoods, have secured the sale of Dawnfresh Farming to Mowi Scotland, a subsidiary of Bergen-based international seafood farming and processing business Mowi Asa. As a result of the deal, which is for an undisclosed sum, 67 jobs and seven fish farm
Clark Contracts has achieved a record turnover of £100 million in the year ending 31st October 2022 as the main contractor entered its 45th year in business. Founded in 1978, the Paisley-based firm works throughout the UK, delivering projects across all sectors, for both private and public sec
A hydrogen sector memorandum of understanding (MoU) has been signed between Scotland and Singapore's respective associations, strengthening collaboration between the two countries. The Scottish Hydrogen and Fuel Cell Association (SHFCA) and their Singaporean counterparts, the Hydrogen and Fuel Cell
An expert has warned that the additional tax burden from the impending corporation tax hike could lead to a significant reduction in investment and the risk of businesses closing. Scotland’s business community will be under pressure to find an extra £1.5 billion per year of corporation t
The number of alleged fraud cases over £100,000 being heard in Scottish courts rose significantly last year, according to KPMG UK’s latest bi-annual Fraud Barometer. A total of 24 cases totalling £17.4 million reached Scottish courts in 2022, up from 2021, when 16 cases worth &poun
Industry figures have responded to the First Minister Nicola Sturgeon's announcement of her intention to resign as First Minister. The First Minister, who made the announcement yesterday, said she "will remain in office until my successor is in place".
Scotgold Resources Ltd has raised $3.6 million (£3.0m) in total from the sale of 1.2 million shares at 40p each. The Stirlingshire-based gold exploration and production company announced plans to raise around £2.5m last week.

