Business

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Output for Scotland's private sector grew marginally in April, along with the third consecutive monthly rise in new business, according to the Royal Bank of Scotland Business Activity Index. The seasonally adjusted index, that measures the month-on-month change in the combined output of th

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Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the Scottish National Investment Bank (the Bank) and UK Infrastructure Bank (UKIB) with £50m investment from each. The financing foll

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Scottish accountancy and business advisory firm Consilium Chartered Accountants has advised Cofficient on the successful transition to employee ownership. Consilium provided tax and corporate finance advisory services to the founders of the business who sold the company shareholding to an employee o

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Business confidence in Scotland fell significantly in March, according to Bank of Scotland Commercial Banking. The bank's latest Business Barometer showed the overall confidence level dropped 15 points to 41%, with companies reporting lower optimism in their own business prospects, down 10 poin

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Edinburgh-based coach tour operator Timberbush Tours has taken its investment in new vehicles to more than £3 million for the forthcoming 2024 season. The company said it is taking delivery of 16 Mercedes Sprinter Coaches from Whitburn-based supplier Coachtraders, the Scottish agents for Merce

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Scotland witnessed a net closure of one store per day in 2023, according to a report by PwC and The Local Data Company (LDC). While 1,069 stores closed, 732 new outlets opened, resulting in a net loss of 337 shops and outlets belonging to chains with five or more locations.

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Social enterprise and luxury mattress manufacturer, Glencraft, has signed its first retail partner contract in North America.The contract, expected to yield Glencraft an annual six-figure turnover, has been secured with Inform Interiors, a high-end furniture retailer based in Canada.A not-for-profit

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Lanarkshire-based weed control and tree management specialist Complete Weed Control has secured a further five-year deal with waste and resource management firm FCC Environment. The Larkhall-based company recently completed a three-year contract with FCC Environment, which has been extended for five

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