Business

The reduction of the limit for sequestration proceedings at the end of this week could lead to a wave of smaller businesses in Scotland being made bankrupt, according to full-service legal firm Gilson Gray. On September 30th, the limit for pursuing sequestration will be lowered from £10,000 to

Business in Scotland is not making the most of the little innovation funding it receives, potentially hampering growth, according to new research.

Aberdeen-headquartered payroll and employee mobility specialist activpayroll has seen its revenue rise by 27%, reaching £35.7 million in 2020/21. Serving over 1200 customers in 154 countries across the globe, activpayroll offers a range of services under the three key pillars of Global Payroll

The Scottish Chambers of Commerce (SCC) has signed an historic Memorandum of Understanding with the Federation of Pakistan Chambers of Commerce & Industry, opening up opportunities for Scottish businesses to access the country’s growing middle class and its affinity for UK expertise, produ

Maggie Hicks, founder of SynSense, and Xiaoyan Ma, founder of Danu Robotics, plant a Hawthorn tree on University of Edinburgh’s King’s Buildings campus to mark the 100+ startups supported by Edinburgh Innovations over the last year Student startups from the University of Edinburgh have s

A Scottish tech business has announced the launch of its all-in-one hospitality solution in India later this month. Following positive reactions from beta testing in India, Edinburgh-based ePOS Hybrid is planning to invest £2 million over the next 3 years into its overseas venture with bosses

Planning permission has now been granted for the construction of business units at Fife Interchange North, Dunfermline, as part of Fife Council’s Industrial Innovation Investment Programme for business land and property, funded by the Edinburgh and South East Scotland City Region Deal. Fife In

Wylie & Bisset, Accountants and Business Advisers, has launched an in-house Training Academy for all entry-level employees with the aim of equipping them with the comprehensive range of knowledge and skills to further develop their careers. Developed and headed by Helen Moreland, HR director and

Leeds-based financial services firm Progeny has today announced plans to acquire Scottish professional services firm, Moray Group for an undisclosed sum. As part of the acquisition, managing director of Moray Group, Rob Aberdein, will take up the new role of chief commercial officer with Progen

Glasgow-based online pharmacy specialist, Simple Online Healthcare, has expanded into Europe for the first time, following the acquisitions of the Kapsel and Dr Felix brands from Stark Healthcare. Kapsel provides primary care services to patients across Germany, while Dr Felix is an online doctor cl

FanDuel, the online gaming company based in North America, has launched its debut UK Collaboration Hub to foster cross discipline working and drive project innovation. Located in Edinburgh, the new Collaboration Hub is designed specifically to connect colleagues across the UK as part of FanDuel&rsqu

Monese has announced a $35 million (£30.7m) investment by HSBC bringing the total raised by Monese to $208m (£182m).

An onshore wind farm development that would provide clean electricity to meet the needs of around 21,000 homes each year could be operational within three years after being approved by South Lanarkshire Council. Banks Renewables said it will build some of the UK’s most effective onsh

Frasers Group has announced that owner Mike Ashley will step down from as a board director at the conclusion of the group's annual general meeting on 19 October 2022.

Opulus Financial has acquired Glasgow-based accountancy firm, Nicolson Accountancy, representing the largest acquisition since launching as a CFO solutions business at the end of last year.