Business

abrdn has reported a 6% rise in profits before tax with figures reaching £1.15 billion in 2021. Adjusted operating profits rose to £323m, an increase of 47% from the £219m reported in 2020. Total assets under management and administration also increased by 1% to £542bn.

Mackie's of Scotland has posted record revenues and profits despite the dual challenges of rising costs and Covid-lockdown restrictions. Turnover at the family-owned firm increased by 11% to £18.5 million (up from £16.7m) while operating profit rose by 19% to £4.1m (compared to &po

Business confidence in Scotland fell two points during February to 35%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Burges Salmon has advised award-winning hotel franchise group Atlas Hotels Limited on the acquisition of the Chardon Group, which sees Atlas adding six new properties to its portfolio. The six hotels are located across Scotland, in Dunfermline, Edinburgh, Glasgow and Perth.

Glasgow-based packaging firm Macfarlane Group has posted a 50% increase in profits in 2021, despite rising input costs and supply chain constraints. The firm said that in face of "challenging market conditions" its team had shown "great commitment and dedication" in servicing its customers.

Projects funded by the Sustainable Aquaculture Innovation Centre (SAIC) will deliver additional turnover of £50 million per annum for the companies involved by 2026, according to new research. The economic impact assessment produced by Frontline Consultants and independent economist Steve West

Conference and events business Surgeons Quarter has revealed that 2022 is projected to exceed pre-pandemic levels while the firm looks to expand its headcount by 70%. In a positive sign for Edinburgh’s crucial hospitality and business tourism sectors, Surgeons Quarter, the commercial arm of th

Scottish auction house Lyon & Turnbull has reported record sales of over £26 million in 2021. The figure marks an 88% increase on pre-pandemic totals.

JLL has advised Hines UK on its final letting at 124/125 Princes Street in Edinburgh.

Places on the first in-person trade mission from Scotland to the USA since the pandemic began have been snapped up in just four weeks as UK businesses look to new markets in the wake of Covid-19.

The abrdn UK Smaller Companies Growth Trust plc has announced its half-year results to 31 December 2021, revealing a Net Asset Value of 12.4%. The trust's share price also stood at 10.1%, while its reference index came in at 3.1%.

Glasgow-based Spider Online has announced it is joining the growing number of employee-owned businesses in Scotland, with all staff being given a stake in the company. Founded by John Campbell and Tony O'Grady in 2004, Spider Online is an award-winning digital agency specialising in website and app

KF Dental, a Leith dental practice, is under new ownership following its acquisition by Clyde Munro Dental Group. KF Dental on East Hermitage Place has become part of the rapidly growing Clyde Munro Dental Group – securing the future for the practice and its team of six.

Scottish flight training and aircraft maintenance business ACS Aviation has increased its staff numbers to meet increasing demand for its services post-pandemic. The company, based at Perth Airport, has increased staff members by 18 per cent over the past two years, with new flight instructors, airc

A North Lanarkshire coach hire company has upgraded its fleet to meet rising consumer demand, with support from Bank of Scotland.