Business

Edinburgh-based hospitality tech disruptor ePOS Hybrid is aiming to raise £500,000 in its second seed funding round which will underpin its aggressive future expansion. The firm, which has offices in Edinburgh and London, has seen impressive demand from investors previously, achieving 145% ove

A footcare clinic, Passion for Feet, has successfully launched in Inverness after the business owner received specialist support, advice, and signposting to funding from Business Gateway. Launched in December last year, Passion for Feet cares for the feet of those living in the Scottish Highlands th

Edinburgh-based telecommunications service provider Commsworld has appointed highly-respected and experienced business leader Andy Leitch as its new chief financial officer. He joins the board from M247, where he was chief financial officer of the company, based in Manchester.

The life sciences sector became the most popular destination for equity investment into tech-focussed smaller businesses in Scotland, as the Covid-19 pandemic increased interest in healthcare technology, according to new analysis from the British Business Bank. Using Beauhurst data that tracks equit

Nairn-based timber processing firm Gordon Timber (GT) is set to increase production and company turnover after securing £95,000 from Highlands and Islands Enterprise (HIE), to help pay for the cost of installing new automated equipment for handling materials.

Glasgow-based whisky producer Hunter Laing Holdings has seen turnover rise by over 50% to almost £15.8 million for the year ended April 2021. This is compared to the £5.5m reported in April 2020, marking a £1.2m increase.

Confida FM, an Ayrshire-based business, specialising in commercial facilities management, has grown three-fold after pivoting its business model during the pandemic, thanks to a six-figure funding package from Bank of Scotland.

Rockstar Games, the Edinburgh-based games company that created Grand Theft Auto, was given £64 million in tax credits during the COVID-19 pandemic, despite the growing demand for video games. The firm claimed the money in the year to March 2021 through the Video Games Tax Relief scheme, which

Business confidence in Scotland rose 11 points during April to 28%, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies in Scotland reported higher confidence in their own business prospects month-on-month, up 16 points at 34%. When taken alongside their op

Scotland has seen a 164% increase in corporate insolvency numbers (liquidations and receiverships) in the fourth quarter of 2021-22, compared to the fourth quarter of 2020-21, at 240, against 91. According to the latest figures, the number of corporate insolvencies in Scotland stayed the same in Q4

St Andrew’s business owners Glenn Malloy & Steve Davies have today announced the expansion of their popular retail offering in the St Andrews lifestyle store and cafe, Spoiled Life, with plans to open a new store on the horizon. The three-level store, established in February 2020, just as

Standard Life Investments Property Income Trust Limited (SLI), a company managed by abrdn, has posted its full annual results for the year ended 31 December 2021. The company reported financial resources of £50 million as at 31 December 2021 (2020: £55 million) available for investment t

Confidence continues to return to Aberdeen’s industrial property market, after a strong first three months in 2022, according to analysis from Knight Frank. The independent commercial property consultancy found that 235,344 sq. ft. of industrial space was transacted during the first quarter of

Womble Bond Dickinson (WBD) has advised Build to Rent (BTR) developer PLATFORM_ on development and funding arrangements for its 464-home residential project in Edinburgh for SEK 1.5 billion (£124.4 million) by European real estate firm Heimstaden Bostad AB. Situated in the Bonnington regenerat

Job vacancy numbers in Scotland remain resilient, but applications are on a continuous decline, according to recent research from the Association of Professional Staffing Companies (APSCo). The data, provided by Broadbean Technology, revealed that the IT sector accounted for the lion’s share o