Business

Ovo Energy is to close its Peth office after the firm warned its UK staff that it planned to cut 1,700 jobs. Staff have been informed that 1,700 employees across the UK will lose their jobs through voluntary redundancy.

New research from Lloyds Bank Business has found that just 1 in 10 (12%) small businesses in the UK went online as a direct result of the pandemic.

Global private markets firm Partners Group has agreed on behalf of its clients to acquire Aberdeen-based infrastructure company North Star from Basalt Infrastructure Partners for an undisclosed sum.

One in three tourism and hospitality businesses have stated that they are likely to fail in 2022, according to a recent survey conducted by the Scottish Tourism Alliance (STA).

Leaders from some of the country's most exciting businesses will travel to the USA this year for the first in-person trade missions from Scotland since the Covid-19 pandemic began. Around 25 SMEs from across the country are expected to join International Trade Partnership (ITP) missions to Miami and

Dentons has advised Edinburgh-based RoslinCT, a leader in advanced cell therapies contract development and manufacturing, on Global Healthcare Opportunities (GHO) Capital Partners' investment into the company. RoslinCT was established in 2006 with support from Scottish Enterprise. It was formed thro

BNI Scotland North, a business networking organisation in the north of Scotland, is celebrating an exceptional year which saw its members generate over £18m worth of business. The latest figures reveal BNI Scotland North members shared 15,776 business referrals that were worth £18,836,17

A raft of promotions, including four appointments to partnership, have been announced by DM Hall. Katie Craig, Greig Baxter, David Cree, and Paul Reilly, have all joined the now 25 strong Scotland-wide partnership as of 1 January 2022.

Wright, Johnston & Mackenzie LLP has made a significant investment into a new office space in Glasgow as its teams look to the future of post-pandemic ways of working. The firm's Glasgow team will be moving to St Vincent Plaza, a Grade A office space in the heart of the city’s IFSD Central

FinTech Scotland has confirmed a 27% increase in the number of fintech enterprises in Scotland as the cluster management organisation reaches its fourth anniversary. The FinTech SME community has now reached 190 Compared to 147 this time last year and just 26 firms when Fintech Scotland started four

Game4Padel, the Edinburgh-based padel business backed by tennis star Andy Murray, has been valued at £18 million in its latest investment round, during which the company raised £3m from retail and institutional investors. The company’s fourth successful fundraising round in less th

Michelin Scotland Innovation Parc (MSIP) has shared a first look at its flagship space which is being delivered by Robertson Construction and Holmes Miller.

Simon Poole, the co-founder and managing director of North Berwick based Jerba Campervans, is a double winner at the IoD Awards. After being praised for his leadership on customer service and championing high levels of employee wellbeing, Simon Poole was awarded Director of the Year for Small-Medium

An Inverness suburb is gearing up for the opening of £1.5 million of new retail space this month, the property investment development firm behind the project has confirmed. The development in Culduthel, which comprises four units totalling 4,100 sq ft and with 23 parking spaces is expected to

Airlie Green Low Energy Homes Ltd, an eco-housing developer based in Perth, has secured a £1.16 million development loan from specialist lender Assetz Capital.