News

Elevator has launched a Scottish SME survey – SME Scotland Survey 2025 – to analyse what the entrepreneurship and business support group believes to be the “missing middle” in growth support across Scotland, and seeking to better understand what Scotland’s SMEs need to

Law firm Wright, Johnston & Mackenzie LLP (WJM) has announced its financial and expert support for a new programme aimed at fostering the growth of Gaelic entrepreneurs. It has pledged financial support to the Gaelic Business Accelerator Programme – Cruthachadh Chothroman – run by Hi

The UK economy contracted by 0.3% in April, a sharper decline than economists had forecast. Data released by the Office for National Statistics on Thursday revealed a more substantial downturn than the 0.1% contraction that had been anticipated, reversing the 0.2% growth seen in March.

A pioneering Scottish technology that could dramatically speed up the development of life-saving cancer treatments has secured a £750,000 seed investment. ScreenIn3D, a spin-out of the University of Strathclyde, has developed a groundbreaking “lab-on-a-chip” system that allows drug

House prices in Scotland rose over the past three months at the slowest rate seen since the beginning of 2024, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. However, with new buyer activity rising, surveyors expect price growth to pick up over the

Blended whisky brand The Famous Grouse has again made available an edition of its whisky for Father's day with the label instead reading 'The Famous Dad'.

The Scottish Government is set to receive a £2.9 billion funding boost following the spending package set out by Chancellor Rachel Reeves in Westminster today. The £113bn spending package will result in an extra £2.9bn in the block grant as a result of the Barnett formula.

Banks in China have been banned from offering trendy Labubu dolls to new customers. The dolls, created by Hong Kong designer Kasing Lung, have become a global trend, thanks in part to their embrace by TikTok influencers.

Specialist bridging lender ScotLend has increased its AVM lending limit from 70% to 75% LTV on residential security, following a new £20 million funding facility from Shawbrook. The updated threshold gives brokers more flexibility on fast-moving or complex cases. It enables ScotLend to make qu

A new facility in Tain focused on boosting sustainability, wellbeing, employability and education in the local community has received a £250,000 funding boost from responsible finance provider Social Investment Scotland (SIS) to support the initial stages of construction work.

Scotland will be home to the UK's most powerful supercomputer following a government U-turn. Chancellor Rachel Reeves today confirmed £750 million in funding to build the UK’s new national supercomputer at the University of Edinburgh, which she said would strengthen Britain as an AI-make

An East Renfrewshire doctor has secured £65,000 in funding from Scottish Enterprise to develop an innovative medical education platform, following tailored support from Business Gateway East Renfrewshire and East Renfrewshire Council. Dr Haseeb Hamid launched MedSnapp in September 2024. The di

A new Highland business which offers remote operated vehicles (ROVs) as an alternative to commercial divers has secured a loan from The Highland Council's business loan company. Highland Opportunity (Investments) Limited — or HOIL — recently provided Sgùrr Access and Marine Servic

Scotland’s hoteliers were hit with a double whammy in April, as they faced a rise in employment costs, along with price pressures on room rates, yet still saw an uplift in profits, outperforming the wider UK market, according to the RSM Hotels Tracker. The data, which is compiled and produced

Sterling Furniture Group has confirmed Stewart Robertson as its permanent chief executive. Mr Robertson, former managing director of Rangers Football Club, initially joined Sterling as interim chief executive in December last year, after the appointment of Bernard Dunn – formerly head of UK le