Venture capital (VC) investment in Scottish businesses has dropped significantly in terms of value and volume in Q1 2023, with only 14 deals having raised around £70 million, the lowest for an opening quarter since 2020, according to KPMG UK's Venture Pulse Report. This slump is attribute
Scottish business sentiment has reached its highest level since 2021, according to the latest Addleshaw Goddard Scottish Business Monitor report. Despite the majority of firms expecting weak growth, nearly all sectors reported an improvement in business volume in the most recent quarter. With energy
Kin + Carta, a global digital transformation consultancy, has acquired Edinburgh-based data service provider Forecast Data Services, boosting its enterprise data and AI capabilities. The acquisition doubles Kin + Carta's European data practice with over 100 data specialists, enhancing its data trans
Helen Page, former chief brand officer of Clydesdale Bank owner Virgin Money UK, is set to join Edinburgh and Toronto-based Label Sessions as chair of the board. Label Sessions, a global platform with the mission to connect business leaders to "the best advice from the most interesting people", aims
Perthshire-based Davidsons Chemists has acquired five new pharmacies from Lloyds across Tayside. The acquisition will see two new pharmacies in Dundee, in Menzieshill and Lochee, as well as units in Auterarder, Kirriemuir and Montrose.
A mobile luggage storage service has successfully expanded its operations to Glasgow after the business owner approached Business Gateway for support. Unbaggaged ensures secure, convenient and sustainable pick-up and drop-off for its customers’ luggage, which is all provided through a fleet of
Sales rates for homes built by Barratt Developments have been maintained throughout a difficult economic period leading the housebuilder to project that its full year adjusted profit before tax will be in line with current market expectations. In a trading update for the period from 1 Janu
Highlands and Islands Enterprise (HIE) has launched a £2m Green Grants Fund to support tourism, creative, and food and drink processing businesses, as well as social enterprises, in reducing their environmental impact. Eligible small to medium enterprises (SMEs) can apply for grants between &p
Edinburgh-based Hilda Houseplants has announced it is set to open a permanent 'houseplant hospital' in Newhaven this summer, where people can go with their houseplants to re-pot them, seek friendly advice and learn how to help their houseplants thrive. Founders Rosanna and Tom Costello secured &poun
Independent decorator's merchant Brewers has acquired Stirling-based The Paint Shed, which has 20 stores across Scotland, for an undisclosed sum. The acquisition has provided growth capital investor BGF, which has backed The Paint Shed since 2020, with a successful exit.
Two in five businesses (38%) have seen an increase in the number of employees taking long term sick leave due to mental health related illness since the pandemic, according to PwC research.
Business owners in Scotland have been stepping in to support their employees as the cost of living continues to put financial pressure on individuals according to new research from Rathbones.
Bounc-e, a salary sacrifice electric vehicle (EV) app in Scotland, has launched with the aim of facilitating a smooth transition for businesses to adopt electric fleets The app provides an extensive selection of EVs along with flexible contract options and fixed-term products, catering to companies
Responsible finance provider, Social Investment Scotland (SIS) has joined forces with Creative Scotland to support the growth of enterprises in Scotland’s creative and cultural industries. The CultureXcelerator Programme will provide eight ambitious cultural and creative leaders with free one-
Blair Milne, James Fennessey and Robert Young, insolvency practitioners from Azets, have been appointed joint administrators of MHA Auchlochan, the owner and operator of Auchlochan Garden Village retirement complex in Lanarkshire, Scotland. The complex, which includes 235 properties and two care hom