Scotland’s sole commercial gold miner, Scotgold Resources, has placed the majority of its staff on unpaid leave "until further notice" as it continues to grapple with significant financial constraints.
Glasgow-based Macfarlane Group has acquired B&D 2010 Group Limited, a Southern England based specialist in protective packaging, in a deal worth £3.85 million. This earnings enhancing acquisition is in line with Macfarlane’s stated strategy of building its protective packaging busine
The financial year has gotten off to a good start for the Highlands and Islands region and has a promising outlook for inward investment. Vicky Grant, the Highlands and Islands Enterprise’s (HIE) head of international trade and investment, highlighted in her recent blog that this year has alre
Aspectus, a global brand, marketing, and communications agency, has experienced a surge in growth over the past year, reporting a 25% increase in global revenues, totalling £12 million. This growth trajectory is attributed to escalating client demand, the launch of new services, and a formal e
A hospitality business on the NC500 has ended a post-Brexit staffing shortage which reduced trading hours by 29% by introducing an innovative ‘work to live’ programme for staff. The Seaforth restaurant and bar in Ullapool was forced to cease trading 2 days a week during the pandemic when
Edinburgh-headquartered technology services firm Stellar Omada has secured a £4.5 million investment from capital growth investors BGF. Founded in 2018 by CEO Colin Frame, Stellar Omada specialises in digital transformation, testing services and programme delivery for clients in the financial
An Aberdeenshire nature education and outdoor experience business has successfully expanded its service offering after the business owner received support and funding advice from Business Gateway. Located in Braemar, Aberdeenshire, in the heart of the Cairngorm National Park of Scotland, Wild Braema
Sensor specialist startup Neuranics has secured a £1.9 million investment led by Par Equity. GU Holdings Ltd, the investment company for the University of Glasgow, Old College Capital, the University of Edinburgh’s venture investment fund, and London-based Creator Fund, who back scientif
Complete Weed Control, a Scottish specialist in weed control, ground maintenance, and tree management, has reported stellar growth, posting record sales of £2.75 million up to 31 May, a substantial increase from £2m the previous year. The company, now based in a newly-acquired headquarte
Scottish-based investment syndicate Kelvin Capital has concluded record investment totalling £7.8 million in the first half of 2023, marking a 22% increase from the same period in 2022. These significant financial strides highlight the growing strength and appeal of Scottish based businesses,
Aberdeen's Forrest Training, a training provider specialising in first aid, mental health, and social care, has reported a staggering 65% increase in monthly sales. The significant growth came on the back of expert advice and support from Business Gateway.
C&C Group, the owner of Tennent’s Lager, has reported an upswing in its business activities despite facing a financial setback due to an IT system upgrade mishap, which incurred a €25 million (around £21.65m) cost.
Rising interest rates and high costs have pushed many Scottish businesses to review their spending, freeze pay increases and restructure their operations, in a bid to manage their finances, according to new research from Grant Thornton UK LLP’s Business Outlook Tracker. The survey of 51 S