Business

Scottish jam and marmalade maker Mackays has narrowed its annual losses, with the Arbroath-based business reporting a pre-tax loss of £958,455 for the year ended 31 December 2025, compared to a restated loss of £1.22 million in the prior year – a reduction of around 22%. Turnover r

Scottish business confidence experienced a three-point dip in April, falling to 48%, according to the latest Bank of Scotland Business Barometer. The decline was driven by a ten-point drop in firms' outlook for their own trading prospects, which now stands at 53%, though a four-point rise in general

Scottish Bakers has launched its Bakery Category Insight Reports 2026 in collaboration with global bakery supplier Dawn Foods, revealing that Scotland's combined sweet and savoury bakery market is now worth more than £1.45 billion. The data-led resource draws on consumer panel data from NIQ, c

The percentage of small businesses in Scotland predicting growth for the next three months (22%) has remained largely unchanged on last quarter (23%), according to Novuna Business Finance. Whilst historically, the spring months each year usually offer a seasonal boost to small business growth foreca

Bad debt and late payment are hammering Scottish SMEs' cashflow and profitability, according to new data from Bibby Financial Services (BFS). BFS’s latest SME Confidence Tracker revealed that 39% of Scottish SMEs, equating to around 139,000 businesses, experienced bad debt in the past 12 month

Scottish all trades insurance reinstatement company Insurepair is expanding into Spain as part of a major international growth plan. The new division of the Edinburgh-based firm will be called Insurepair Spain and will initially support the thousands of UK property owners, landlords and property man

Almost half (49%) of the 55 profit warnings issued by UK-listed companies in Q1 2026 cited the impact of policy change and geopolitical uncertainty as a leading factor, according to EY-Parthenon’s latest Profit Warnings report. This marked the highest quarterly proportion recorded for this cau

A second month of employment growth offered some positivity during a modest month of business activity in March in Scotland. Despite increased staffing costs, businesses across all sectors reported an upshift in recruitment as Q1 2026 came to an end.

A pioneering Scottish dairy has secured a major London distribution deal as demand grows for less processed alternatives to raw milk.

Automotive retailer Vertu has expanded its relationship with Chinese car brand Geely Auto with the opening of a second dealership within Glasgow. Geely Glasgow Central will operate from Vertu’s iconic site on Port Dundas Road, recognisable to tens of thousands of motorists who pass by the deal

Rising costs, late payment problems and concerns over supply chain resilience are creating a gloomy outlook for the UK’s vital small and medium sized enterprises. That is according to the latest ACCA and IMA Global Economic Conditions Survey (GECS), which shows UK SME confidence is stuck near

A new local venture is set to open in Tarbert this April, combining a convenience shop, a deli, and a guesthouse in one central location on the Isle of Harris.

Farmer Autocare has been acquired by Belfast-based Kerr’s Tyres Group, bringing together two family-run organisations with strong community roots. Farmer Autocare, a Scottish car maintenance and servicing business, was founded by Sir Tom Farmer in 2003. The Company has grown rapidly over recen

Wbg is advising Scottish tourism and hospitality businesses to consider their financial structure to boost their resilience. With new data from the Scottish Tourism Alliance highlighting a growing vulnerability: more than half of tourism and hospitality businesses have less than three months of cash

Rutherglen-based Certum, has beaten more than 115 international competitors to secure a $2 million (c. £1.5m) contract to lead the development of a next-generation managed services model designed to redefine how IT support businesses operate, building the MSP model of the future. The Scottish