Business

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Clark Contracts has secured over £30 million in new orders in October, a record month for the Paisley-based contractor. The new orders include the £8m design and build of a new industrial unit within Belgrave Logistics Park in Bellshill for Knight Property Group.

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Glasgow-based hotel owner and developer, Molo Hotel Group, has this week completed the acquisition of the Hotel Alexandra, Rome. The Hotel Alexandra is Molo’s first acquisition in Continental Europe, following last years’ purchase of the Manchebo Beach Resort and Spa in Aruba adding to t

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Edinburgh-based mobile car care startup Fresh Car has secured a £500,000 investment led by Foresight Group. The firm has doubled headcount since the beginning of the year, while expanding across the UK and Ireland, and launching a ‘SMART repair’ business in Edinburgh ahead of a pla

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Prime Minister Rishi Sunak has announced a £4.2 billion contract to build five new Royal Navy frigates on the Clyde and support 1,700 jobs in Govan and Scotstoun. Delivering on ambitions laid out in the National Shipbuilding Strategy Refresh earlier this year, the contract awarded to BAE Syste

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Clothing brand Abercrombie & Fitch has leased a space in Edinburgh as it plans to open its first Scotland store.  Savills, on behalf of Patrizia, has let the 65 George Street location in Edinburgh to AFH Stores UK Ltd.

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At the UK level, a fall in permanent staff hires was also noted, with the rate of decline similar to that seen in Scotland. Hiring activity across Scotland fell into decline during October, with both permanent staff appointments and temporary billings contracting, according to the latest Royal Bank

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On the new build front, the average price has risen by 6% over the past year in Edinburgh and 12% in Glasgow. Scotland has seen some of the strongest apartment rental price rises in the past five years, with Glasgow and Edinburgh witnessing 51% and 27% respectively, according to research from proper

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Par Equity has led a £6.9 million investment round for StretchSense after it expanded its European headquarters in Edinburgh, launching a centre of excellence in AI and spatial computing. The New Zealand tech firm is a specialist in high-precision motion capture technology for the gaming and a

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Scotland’s first dedicated trike dealership has launched with support from Business Gateway. Rewaco Trikes Scotland, which is based out of Brechin, launched in April of this year, and is the passion project of Gordon Carr and Ellie Whitehead. The duo loved riding trikes on holiday so much that

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