Business

A Scotland-only business rates surcharge is set to cost firms a cumulative £180 million over the next three years, the Scottish Retail Consortium (SRC) has warned.

Level E Research secured a minority stake investment from M&G plc in its latest seed funding round and will partner with the company to develop a suite of artificial intelligence (AI) investment strategies. The strategies will focus on regional equity markets with each one supported by an initia

Glasgow-based This is Milk has announced it is seeking a £1 million investment for its 'neurodiverse first' online learning platform, Neve which will meet the needs of people with learning challenges such as dyslexia, dyspraxia, attention deficit disorder or attention deficit hyperactivity dis

Phil Prentice, the chief officer of Scotland’s Towns Partnership (STP), is stepping back from his role after eight-and-a-half years. Mr Prentice will complete his current job at the end of this month to pursue other interests in place-making. He will, however, remain involved with STP as a par

Scottish underground energy storage firm Gravitricity has signed a collaboration agreement with Czech electricity flexibility aggregator Nano Energies to develop commercial routes to market for their gravity storage technology. Last month the Edinburgh storage pioneer unveiled plans to transform the

A family-owned and run Scottish online butcher will soon be home to the UK’s largest dry-aging station, after securing a £2 million funding package from HSBC. Founded in 1946 by brothers William and John, John Gilmour Butchers is building a £10 million new butchery and retail facil

A project on the island of Arran to build and test two prototype electric workboats has secured up to £163,130 investment from Highlands and Islands Enterprise (HIE). Arran Workboats Limited (AWL) supplies petrol and diesel powered workboats to many operators of Scotland’s 200 or so fish

Dunns Food and Drinks, one of Scotland's largest wholesalers, is investing £1.5 million in a range of major sustainability measures to support its long-term net zero ambitions. The investment includes a £1m energy-efficient CO2 freezer, solar panels, and LED lights with motion sensors. A

Fairlie Curved, a Scottish fashion company is now shipping internationally and has hailed turnover of a quarter of a million pounds after receiving support from Business Gateway. Jayne Lasley launched Fairlie Curved as an Instagram page in October 2020, inspired by her personal experience of struggl

Despite the largest interest rate rise in a generation, middle market businesses are demonstrating remarkable resilience, investing in people and productivity to rebuild profit margins, RSM’s latest Middle Market Business Index (MMBI) has shown. The MMBI has risen to 131.4 in Q1, an incre

Scottish micro investment consultancy CAM Ventures has started the new season with the promotion of key team member Kieran Turner from chef manager to group hospitality manager. The Tayside firm supports two different types of ventures, some which are fully owned and operated by the firm and th

JCB has won its biggest-ever deal in the UK after rental firm Morris Leslie Plant Hire placed an order for £87.5 million worth of machines — including a big fleet of 3CX backhoe loaders.

Highlands and Islands Enterprise (HIE) has welcomed 21 young entrepreneurs from the region onto a year-long programme aimed at developing the next generation of entrepreneurs. The programme, IMPACT30, is led by HIE and delivered by business skills training consultancy, Skillfluence.

Scotland's food and drink industry has achieved record high exports despite the impact of Brexit, according to HMRC trade statistics. The industry's global exports were worth £8 billion in 2022, a 30.6% increase from the previous year and 8.1% higher than the pre-pandemic peak in 2019.

The deadline for acquisition talks between Wood Group and Apollo Global Management has been extended to 19 April from 22 March.