Business

Supported by a £750,000 loan from Unity Trust Bank, Glasgow-trained pharmacist Raymond Kelly has transformed a derelict 19th-century building in Falkland into a state-of-the-art pharmacy. Mr Kelly's project not only revitalises the historic Liquorstane Building but also significantly expands h

Twenty-two Scottish firms and organisations have returned from an eventful trade mission to Barbados, unlocking numerous business opportunities. The mission, now in its fourth year, underscores the strengthening economic ties between Scotland and Barbados, bolstered by a 43% increase in trade betwee

Scottish startup community group Foras has announced a new trip to showcase innovative Scotland-based businesses in the US. The group has opened applications for a funded cohort programme to Austin in March 2024 to coincide with the renowned South by Southwest (SXSW) conference.

Crossbasket Castle, a luxury hotel on the outskirts of Glasgow, has been scheduled for a summer 2024 opening upon completion of a £15 million expansion. Owners Steve and Alison Timoney have announced plans to add a new 40-bedroom hotel, a destination restaurant, two eco-friendly lodges, and a

London-based Elbow Beach Capital, the decarbonisation, sustainability and social impact investor, has announced a £1m follow-on investment in Munro Vehicles, a manufacturer of all electric 4x4 vehicles and Scotland’s only volume production car company.

Mar Hall Hotel, Golf and Spa Resort, one of Scotland’s most established hotels, has been acquired by Dubai-based Dutco Group, supported by investment and asset management firm, Align Partners.

CEOs at FTSE 350 companies was 57 times higher than average employees in 2022, according to new analysis from the High Pay Centre.

Edinburgh-based Stamp Free Ltd (Stamp Free), the AI-powered, award-winning digital post and shipping company is set for expansion after receiving an impressive £1.08 million in new investment from a diverse group of investors and supporters. Stamp Free attracted equity investment led by Silico

Bridge of Allan-based Graham's the Family Dairy has made a loss for the first time in its history as new accounts show the firm made a £1.3 million loss before tax in the year ended March 31 2023. In the strategic report submitted alongside the dairy company's annual report, R.B Graham, t

Sir Tom Hunter, businessman and founder of The Hunter Foundation, has hailed “another year of solid progress” at his business empire as it continues to support a number of companies, including a Scottish restaurant operator and a cancer treatment specialist. Posting accounts for his West

Scottish egg production stalwart, Robert Chapman, has announced he is passing the mantle of managing director to his son Iain, 40, while retaining his role as executive chair. The 67-year-old says now is the perfect time – having recently come through a very busy couple of years whic

Family-owned construction firm A.C. Whyte has commemorated its 50th anniversary by securing £8 million of new business from six contracts in just the last eight weeks. Originally founded in 1973 as A.C. Whyte (Slaters & Plasterers), the company has established itself in the retrofit constr

BGF, the UK and Ireland-based growth capital investor, has become a certified UK B Corporation (B Corp). BGF’s B Corp status reflects its long-standing commitment to creating a positive impact both within and beyond the organisation. Through its investments, BGF seeks to foster sustainable, re

The Scottish private sector has experienced a continued decline in activity in November, as highlighted by the latest Royal Bank of Scotland PMI. At 47.1, up from 46.5 in October, the Scotland Business Activity Index posted below the crucial 50.0 mark for the third month running. The decline in priv

As the private sector in Scotland braces for a wave of wage and benefits discussions in early 2024, businesses are being cautioned about the risks of losing staff to insufficient pay increases. Jane Watson, head of prism HR, the human resources consultancy operated by Scottish legal firm Lindsays, i