Business

Salus Technical, a process safety firm, reported a record year for business growth, with annual turnover increasing by over 50% to surpass £550,000. The company's success is partly due to recent contract wins, including a 250-person training course contract with Serica Energy and two more oil

R3, the insolvency and restructuring trade body, has launched a new free guide for directors and business owners in Scotland. The free resource, A guide to dealing with corporate financial distress, sets out the duties and responsibilities of company directors and the importance of meeting them, out

KPMG has launched its 10th annual search for the UK's most promising tech innovators. The competition, Tech Innovator in the UK 2023, has previously spotlighted companies such as What3Words, SafetoNet, FIDOTech, and 2022 winner HiiROC, who later triumphed in the global final at Web Summit.

Aberdeen-headquartered Wood Group's board has confirmed it is considering Apollo Global Management's fifth acquisition proposal for 240p per share, which was put forward earlier in the month.

Edinburgh-based marketing tech firm MRM Global has reported 18% year-on-year revenue growth and a 35% team expansion. The company is recruiting further following a recent multi-million-pound investment. MRM Global, which focuses on the hospitality industry, has grown to 67 employees working with 21

Edinburgh-based Redmill Advance has acquired Expert Pensions, a learning & development brand in the UK wealth management and financial planning industry. The acquisition will allow Expert Pensions' clients to benefit from Redmill Advance's digital learning management system (LMS), in-house L&

AMTE Power, a UK-based battery manufacturer, is considering relocating its planned gigafactory from Dundee to the United States due to the Inflation Reduction Act's subsidies.

The Edinburgh International Conference Centre (EICC) increased revenue by 45% to £11.8 million in the year to 31 December 2022 (2021: £7.4m), but recorded a decrease in operating profit to £700,000 from £1m the previous year. CEO Marshall Dallas attributes this growth to

Investment opportunities were central to Tartan Week celebrations as some of Scotland’s most innovative tech firms pitched to North American venture capital investors in New York. Companies covering sectors including data, robotics, health tech, software as a service (SAAS) and clean tech had

Edinburgh-based coach tour operator Timberbush Tours has marked its 25th anniversary by rolling out a £4 million coach replacement programme, as the company’s founder urges the Scottish and UK governments to offer more support for the coach industry’s transition to zero emission co

Scottish native cloud platform specialist, Forrit, has received a £5 million funding boost from the Scottish National Investment Bank. The investment will enable the Edinburgh-based technology developer to grow its workforce and target new markets.

The median FTSE 100 CEO package increased by 12% last year, from £3.72 million in 2021 to £4.15m in 2022 – based on Deloitte's analysis of data from the first 55 companies to publish their 2022 annual reports.

The London stock market saw a sluggish beginning to 2023, as only five issuers raised a mere £81 million in the first quarter of the year. The main market had just two IPOs, raising a total of £63m, while the Alternative Investment Market (AIM) had three admissions, raising £18m. T

International investors are prepared to play the longer game when it comes to property purchases in Scotland, according to Lindsays partners Derek Nash and John Bett, who have said there remains “definite” interest from potential overseas buyers in the Scottish market. But the two a

Bridging Finance Solutions has revealed plans to expand into Scotland as part of the national specialist lender's ongoing development plans. The Wirral-based firm, whose growth has averaged a rate of 30% for the past five consecutive years, is now making bold moves into Scotland, forging partnership