Shona Campbell, insolvency partner at business advisory and accountancy firm Henderson Loggie, has been appointed as liquidator of Holoxica, the Scottish-based holographic 3D visualisation company. Global supply chain issues, changes in trading conditions because of Brexit and the pandemic have crea
Business
The surge in demand for its Mexican mixes has prompted a Scottish-based family-owned brand to make a significant six-figure investment into three new products fit for supermarket shelves. Run by two Scottish brothers, FreshMex has taken on the retail sector with the creation of two natural seasoning
New rules being brought in as part of changes to the non-domestic rates system in Scotland could cause confusion for landlords and property investors, particularly in the industrial sector, according to Knight Frank. Among the changes being brought in as part of the most recent settlement between th
The operating company of Airth Castle Hotel has decided to go into voluntary liquidation. A spokesperson for the firm revealed that the operating company suffered financially due to the impacts of the pandemic "as the hotel was forced to close for an extended period". This was followed by rising ene
Deanestor, a Dunfermline-based furniture and fitout specialist, has announced a record order intake of around £24 million in the last six months. The business is now anticipating its highest ever turnover in 2023, which is projected to rise to £22m. This will be an increase of £2.8
Lanarkshire-based Bells Food Group, which bakes 16 million Scotch pies annually, has been awarded a major contract to supply own-label pastry to Tesco stores throughout the UK, creating 15 additional jobs. The contract will see five and a half million packs of puff pastry made by Bells across five d
A Shetland-based sheep fleece rug maker has increased her sales, after receiving support from DigitalBoost, Scotland’s national digital upskilling programme, delivered by Business Gateway. Founded in September 2021, Hart of Shetland produces sustainable and ethical felted woollen fleece rugs u
Highlands and Islands Enterprise (HIE) has published figures showing the agency provided investments of just over £4.25 million in the Outer Hebrides during 2022. Between 1 January and 31 December, Salar Smokehouse Limited was awarded £72,685 towards its refit project at its new premises
Britain’s new car market rose by 26.2% in February, marking the seventh consecutive month of growth, according to figures published by the Society of Motor Manufacturers and Traders (SMMT).
Student Rents, the Edinburgh-based SaaS rental platform, has appointed Jamie Stewart as its new chief executive after closing a £470,000 CrowdCube seed round. Mr Stewart, 19, steps up from chief brand officer and replaces his father Grant MacCusker, who becomes non-executive chairman as t
The Scottish private sector registered the first rise in private sector activity for seven months February according to the latest Royal Bank of Scotland PMI data. The Business Activity Index - a measure of combined manufacturing and service sector output – moved back within in the expansion t
The chief financial officer of Springfield Properties, Michelle Motion, has resigned with immediate effect, the housebuilder said today. The company said the board has commenced a search for a new CFO and will "update the market in due course".
If the Energy Bill Relief Scheme is not extended beyond March, or alternative government support provided, businesses will need to make tough decisions about how they manage the higher cost of energy bills, according to research from Grant Thornton's latest Business Outlook Tracker. Of the 600 mid-s
The number of new technology companies incorporated in Scotland increased 22% in 2022, according to analysis of Companies House data by RSM UK. A total of 1,367 new tech businesses were incorporated in Scotland last year, up from 1,124 in 2021.
Highland Opportunity (Investments) Limited HO(I)L, The Highland Council’s business loan company has launched its first social media campaign to make Highland businesses and community organisations aware of its loan funds.