Business

A group of leading individuals from Scotland’s tech scene have announced a new trip to showcase Scotland to the US East Coast ecosystem.

Small and medium sized businesses (SMEs) are increasingly feeling positive about their future, following a difficult second half of 2022, according to Barclays' SME Barometer data. Over two fifths (41%) report feeling optimistic about their own business prospects, the highest level in 9 months, sinc

Production has restarted at the Rowan Glen factory in Dumfries and Galloway, after a successful management buy-out was agreed with £285,000 in support from a South of Scotland Enterprise (SOSE) grant.

Livingston-based The Edinburgh Driveway Company has been acquired by Scottish-based UK and internationally operating construction and property business Edison Group for an undisclosed sum. The Edinburgh Driveway Company, which operates throughout central Scotland and Ayrshire, provides a complete ra

Edinburgh-based Stellar Omada has recorded revenue of £16.3 million in the year to 31st December 2022, up from £9.1m in the previous year. The company, which specialises in programme delivery and service management, marked its 4th anniversary in 2022, and CEO Colin Frame says there will

Capricorn Energy and NewMed Energy have mutually agreed to terminate their proposed merger, following a strategic review by the new board of Capricorn. The merger, which had been promoted by the former board, was scheduled for a shareholder vote next week, but has now been called off. 

Clark Contracts has achieved a record turnover of £100 million in the year ending 31st October 2022 as the main contractor entered its 45th year in business. Founded in 1978, the Paisley-based firm works throughout the UK, delivering projects across all sectors, for both private and public sec

Scotgold Resources Ltd has raised $3.6 million (£3.0m) in total from the sale of 1.2 million shares at 40p each. The Stirlingshire-based gold exploration and production company announced plans to raise around £2.5m last week.

Scottish Gas owner Centrica has shown a £3.3 billion operating profit in its preliminary results, following the growing wholesale energy price last year. The energy giant's operating profit grew nearly £2.4bn from £948 million in 2021. This surpassed the previous highest operating

Asset and wealth management firm AssetCo, run by Martin Gilbert, has announced a £9.2 million loss for the year ended 30 September 2022. The figure compares to a profit of £14.6m in 2021. According to the firm's preliminary results posted today, assets under management (AuM) reached &pou

SME specialists Consilium Chartered Accountants have provided corporate finance and tax advisory services to the Electric Heating Company (EHC) as part of a £3.8m investment by Foresight Group. The investment in Blantyre-based EHC is the first from Foresight’s £60m Scotland Fund, w

Global E&C, a Scottish engineering, procurement and construction (EPC) service provider, has been acquired by US-based private equity company SCF Partners. Headquartered in Aberdeen, Global E&C has a global headcount of more than 1,000 people, with more than 900 people supporting the UK&rsqu

Glasgow-headquartered Edwin James Group has received a secondary investment from funds under management by private equity firm Aliter Capital LLP (Aliter) to support the group’s growth plans. The engineering services group helps companies across the UK look after their critical environments an

Twelve aspirational female company founders have been shortlisted as finalists in the AccelerateHER Awards 2023. Three female-led companies were selected from each of the awards’ four specific categories - technology; environment; culture; and health. A winner from each of the four categories

Auditing is the most in demand finance career in the UK right now, according to a new study from online trading platform CMC Markets.