Business

In a statement of objections issued today, the Financial Conduct Authority (FCA) alleged that Dollar East (International Travel & Money Transfer) Ltd, Hafiz Bros Travel & Money Transfer Limited, and LCC Trans-Sending Limited (including its parent company Small World Financial Services Group

Last year some of Scotland's most promising businesses received £705 million of venture capital (VC) investment, the largest amount on record, according to KPMG’s latest Venture Pulse Survey.

A gardening startup has become the latest winner in this season’s Dragon’s Den using the latest in compostable packaging innovation from Glasgow-based Cullen Eco-Friendly Packaging.

After conducting a nine-month trial of a four-day working week, the Scottish Business Resilience Centre (SBRC) has made the new working schedule official, having seen no loss of productivity and a significant improvement in company culture and staff morale. Managers at the non-profit organisation ba

Dunglass Estate has seen a 75% increase in weddings in 2022 compared to 2021 and is receiving 39% more enquires this month compared to last year, following the completion of a £780,000 renovation.

Energy storage firm Gravitricity has appointed Edinburgh and London-based corporate finance specialists Gneiss Energy to spearhead a £40 million funding drive – with the goal of building three demonstrator projects in the next five years. Earlier this year the Edinburgh-based energy stor

Scotland’s billionaire brothers, Sandy and James Easdale, have announced a £10 million investment to massively expand the partnership between McGill’s Buses and international coach operator, FlixBus. The McGill’s owners’ outlay will see 18 new state-of-the-art Volvo bus

Edward Hunter, a partner in Burness Paull’s corporate finance team, has been recognised as a rising star in an industry benchmark. The Lawyer’s annual Hot 100 list, which it describes as “the crème de la crème of the legal world”, features “the most daring

The Artisanal Spirits Company has announced a change of leadership with David Ridley stepping down as managing director and Andrew Dane appointed as CEO, following a strong year of growth.

Car leasing specialist Pike + Bambridge, which has offices in Edinburgh and Aberdeen, is on track with a £1 million investment to drive further growth across the UK. The company helps businesses and individuals to make the switch to electric and hybrid vehicles, by making the process simpler,

Converge, a company creation initiative for Scotland’s universities and research institutes, has opened this year's challenges — dispelling the myth that you need to call yourself an “entrepreneur” to set up a business. The initiative – which helps staff, students, and

Scottish food ingredient manufacturers Macphie is expanding operations at its recently refurbished factory amid growing demand for its products. Macphie’s Tannochside facility, which restarted full scale production last year after a £4 million refit and layout change, initially created m

2022 has seen Energy Specialist Solutions (ESS), a Scottish-based company which operates globally, triple its sales, nearly quadruple its pre-tax profits and expand to America to take advantage of opportunities across the power generation sector. Previously focused primarily on technically complex e

Scottish startup Waire Health has received £2 million in funding from St Andrews-based Eos Advisory and Scottish Enterprise. The investment will allow the firm to scale its sensor technology and grow its management team, production, and product development capabilities, while enablin

Scotgold Resources has reported sales of £11.9 million for the year ended 31 December 2022 despite poorer than expected gold production and sales in Q4. However, as a result of the impacted Q4 2022 gold production and sales, the firm's financial and working capital position has been adversely