Business

Edinburgh-based investment manager Foresight Group has invested in UK-based agriculture company Harvest London, aiming to drive the growth of the vertical farming industry. The deal was advised by the corporate team at law firm Burges Salmon, led by partner Danny Lee and solicitor Nikoletta Zinonos.

ZLX Business Solutions, a research and development (R&D) tax credit specialist, and independent financial advisor, Ascot Lloyd, have agreed to deliver complementary services to offer financial peace of mind to businesses operating across the UK. The partnership will result in greater depth of pr

Chris Tate, a restructuring and recovery expert at Azets, has said that new financial pressures are continuing to drive business failures across the UK, with the hospitality sector most vulnerable to stubbornly high inflation – causing a "perfect storm to brew". The warning comes as new monthl

Finance provider Bibby Financial Services (BFS) has appointed Gayle Robertson as business development manager as it continues to drive new business volumes throughout Scotland. With almost two decades of experience in banking and commercial finance, Gayle Robertson joins from Lloyds Banking Group wh

Moray-based LH Stainless Ltd (LHS), a processing equipment manufacturer for the distilling industry, has secured an investment of up to £149,000 from Highlands and Islands Enterprise (HIE), facilitating an ambitious £745,000 expansion project.

Aberdeen-based software company STC INSISO has entered into a technological collaboration with global logistics firm Peterson Energy Logistics. STC INSISO's role in the partnership will centre on aiding the further development of Peterson's logistics platform, Lighthouse.

Scottish businesses are exhibiting greater confidence in their growth over the next year, compared to the European average, according to the latest Accenture / S&P Global UK Business Outlook. This optimism, despite a decline from +35% in February to +22% currently, surpasses the European level o

Barratt Developments has said it anticipates a 15% drop in profits this year amid a sharp decline in demand for homes, particularly from first-time buyers. In a trading statement, the homebuilder said adjusted profit before tax is "anticipated to be in line with current market expectations", which i

Planet DDS, a Californian dental software company, has chosen Glasgow as the location for its new technology development and support centre, marking a significant investment in Scotland's economy.

Scottish pie and pastry maker Bells Food Group has retained its fourth place in the 2023 Kantar Scotland Brand Footprint report as one of Scotland's most chosen brands by shoppers. The announcement coincides with the initiation of a £250,000 investment scheme by the company to expand its pie p

Business support organisation Stirling Enterprise Park (STEP) has appointed Traci Titterington as its new rural business adviser, in a move to bolster the rural business sector in Stirling, which comprises 47% of the region's business community. Ms Titterington brings a wealth of experience in retai

After being made redundant from her managerial role in a property office, Louise Todd has launched her own successful letting agency, Louise Todd Property Management Ltd, with the help of Business Gateway. The Dundee-based firm, specialising in property and rented accommodation in the city and surro

Scottish restaurant chain, Six by Nico, is bringing its creative culinary experience to Cardiff, Wales. The expansion to Cardiff, set to open on 14 August 2023, underscores the brand's commitment to providing an accessible yet innovative dining experience.

The Royal Bank of Scotland PMI data for June has revealed a solid and quickening expansion of private sector activity in Scotland, marking a five-month succession of growth.

Lockerbie-based entrepreneurs, Rebecca and Scott Masterton, are diversifying their floriculture business, The Pretty Wild Flower Co, into the tourism sector. The move follows their recent receipt of a £20,000 loan through the British Business Bank's Start Up Loans programme via Transmit Startu