News

University of West of Scotland spin-out Novosound has received a £3.3 million investment led by Foresight Scottish Growth Fund. The technology company received £500,000 in funding from the Foresight Scottish Growth Fund. The fund is financed by the Scottish Growth Scheme through a combin

German Doner Kebab (GDK), part of the Hero Brands fast-casual restaurant portfolio, has continued to expand across the UK and internationally with £900,000 funding support from HSBC UK. The bank provided the Scotland-based brand owner with specialised support from HSBC UK’s franchise tea

Smith & Williamson, the financial and professional services firm, has announced its interim results for the first six months of the 2019/20 financial year, which has been a period of strong growth and continuing investment in the Group’s infrastructure. The company's operating income incre

Rural firms will benefit from £100,000 of funding from the Scottish Government to expand their businesses and improve connections with customers by creating digital communities across Scotland. The funding will be provided through Smart Village Scotland.

An ancient Sicilian hamlet in Bivona, surrounded by peach and olive groves has joined the list of Italian towns fighting depopulation by selling houses for €1 each.

The world's largest bottle of single malt whisky was sold at an online Christmas auction on Sunday for £15,000. The 105.3-litre bottle of 14-year-old Tomintoul is nearly 1.5m (4.9ft) tall, weighs more than 180kg (396lbs) and would serve up about 5,250 drams.

The Scottish Government has announced that loans have been offered to hill and upland farmers and crofters to provide them with financial support and certainty in the New Year. Under the national Less Favoured Areas Support Loan Scheme (LFASS) 2019, eligible farmers and crofters will be offered up t

Following the announcement of a majority Conservative government, various financial and business services in the UK have given their response.  Chris Sanger, EY’s head of tax policy, commented on what the General Election result means for UK tax and the Chancellor’s Budget in the ne

Livingston-based W.L Gore & Associates (UK) Limited has announced that the company is seeing steady growth as it reported a pre-tax operating profit of £23.1 million for the year ended 31 March 2018. W.L Gore & Associates is the Scottish arm of the company behind waterproof fabric Gore

Edinburgh-based Oatcake maker Nairn's has made £4.8 million in pre-tax profits in the year to May 25, an increase on the £3.8m made in the preceding period, a welcome result as the company prepares for Brexit. The firm also saw sales increase to £33.4m from £30m in its previo

Paysend, the UK-based fintech business, has expanded its global reach by launching its money transfers service to Japan and South Korea. Users are now able to send money to Japan and South Korea using card-to-card or account transfers.

English TV health guru Jason Vale is one of the new clients who have helped to drive Midlothian glamping pod company Armadilla to reach a turnover of £2 million. Mr Vale has ordered pods from the company to be housed at one of his resorts in Portugal.

Dundee sushi restaurant Kobee, located on Dock Street, is the latest in a triage of restaurants in Dundee's city centre to close its doors in recent weeks. The restaurant on Dock Street's potential shut down follows the closure of the nearby Castlehill and Giza eateries.

Dundee jewellery store H. Samuel is to close down after more than a century of trading.

Edinburgh Napier University has received a funding gift from Trimble to establish a state-of-the-art technology lab for architecture, engineering and construction (AEC).