Business

Life science company BASF Pharma (Callanish Ltd) has opened its £1.8 million consumables warehouse in the Isle of Lewis.

Business confidence in Scotland is ahead of the UK average although challenges remain, a survey of chartered accountants published today by ICAEW has found.

Despite facing hurdles such as rising costs, staffing issues, and legislative changes, Scotland's hospitality sector has significant opportunities for growth and expansion, according to financial experts from the Cumberland Building Society, Harper Macleod LLP, EQ Accountants LLP, and Graham + Sibba

Edinburgh-headquartered pharmaceutical firm Kelso Pharma has expanded its portfolio with the acquisition of two UK approved dermatological products, marking its debut in the treatment of actinic keratoses and plaque psoriasis. The two dermatology products were purchased from an organisation within t

Scotland's largest independent electronics contract manufacturer, CB Technology, has delivered a 36% increase in turnover for 2022-23, taking its revenues to £14.3 million. CB Technology’s revenues have increased 500% since the successful management buy-in backed by Maven Capital Partner

Perthshire-based Simon Howie Butchers has seen its pre-tax profits rise to more than £4.4 million despite a “staggering” rise in energy bills. According to the latest accounts filed for the company sales and profits both rose, with turnover reaching £24.1m for the year to Dec

abrdn Asia Focus plc, a company that holds a fundamental, high conviction portfolio of well-researched Asian small caps, has confirmed its annual results for the year ended 31 July 2023, revealing a 7.6% rise in Net Asset Value (total return). This is compared to the company’s benchmark return

Scottish business prowess was in the spotlight during a grand reception at Edinburgh Castle, drawing over 100 top business figures to commemorate the vital role of the Scottish Chambers of Commerce network.

Scottish spirits manufacturer Gin Bothy is expanding its artisanal horizons with the introduction of Bothy Butter, a hand-crafted butter that resurrects a cherished local tradition in Angus. Gin Bothy was founded in 2015 by "accidental gin-maker" Kim Cameron from her bothy kitchen in Kirriemuir, in

Scotland's sole gold mining company Scotgold Resources has updated shareholders saying it is currently in advanced talks with a prospective new investor, following the withdrawal of a previous party earlier this month.

Scotland has witnessed a 16% decrease in registered company insolvencies in September compared to the same period in the previous year, according to the latest statistics from Companies House. The total insolvencies included 30 compulsory liquidations, 52 Creditors' Voluntary Liquidations (CVLs), an

Scottish hire company Eagle Hire has invested £4 million in a deal with Glasgow-based Scot JCB, acquiring a new fleet of JCB machinery ranging from JCB dumpsters to JCB 86C-2 midi excavators. Eagle Hire’s order of 127 state-of-the-art JCB machines, all equipped with the latest stage V en

Companies must prepare for a new law that will impose greater demands on verifying the identity of their directors and connected businesses, experts at Edinburgh-headquartered legal firm Lindsays have warned. An impending new law means that Companies House will impose more stringent measures on conf

Loganair has been named Airline of the Year for 2023 by the European Regional Airline Association (ERA).

Chivas Brothers, the Pernod Ricard business dedicated to Scotch whisky, has revealed its plans to further develop and expand its Kilmalid bottling site.