News

The Macfarlane Group, headquartered in Glasgow, has reported a 3% year-on-year decline in revenue to £280.7 million in its preliminary results for 2023. However, amidst challenging market conditions, the company demonstrated resilience with adjusted profits before tax increasing by 10% from &p

The Scottish Chambers of Commerce (SCC) has called for the Chancellor to use next week’s Spring Budget to back Scottish business by working in partnership with industry to develop a long-term plan for growth. Among the recommendations in SCC’s Spring Budget Letter are:

The latest iteration of PwC’s Women in Work Index sees Scotland rise two places to rank top of the UK’s nations and regions. First launched in 2011, the Index is a weighted average of five indicators that reflect women’s labour market outcomes and assess progress made towards achie

Businesses from across Edinburgh and the Lothians have teamed up this week to raise money in the second annual Big Match charity fixture. Some of the city’s prominent private banks, legal firms, finance brokers, property developers and estate agents will be among those running out at Ainslie P

Blair Nimmo, the chief executive of Interpath Advisory, the restructuring business acquired by HIG Capital for £400 million from KPMG UK in 2021, is set to leave the company this spring. Interpath, facing widening losses, reported a group loss of £10.6m for the 12 months ending March 202

Dundee-based digital transformation specialist Vidatec has successfully completed a management buyout from The Insights Group. Ross Wilson, previously the managing director, now assumes the role of CEO, steering Vidatec towards growth opportunities in the health and wellbeing, tourism, and sustainab

Scotland's hotel sector closed 2023 on a triumphant note, particularly driven by the luxury market, according to the RSM Hotels Tracker: Focus on Asset Classes

The Royal Mint has unveiled a coin featuring George Michael.

Fife Council’s Economic Development Team has announced the sale of circa two acres of land at The Avenue, Lochgelly, to Easy Living Developments, a Glenrothes-based design and build construction company.

Sallyport Commercial Finance is poised for significant growth in 2024, capping off a successful first year with £4.4 million in funding across key UK industries. The company has doubled its team since inception and expects to increase its team by a further 50% this year. It plans to open a new

An Edinburgh-based independent convenience retailer has installed solar panels at its Newbridge headquarters thanks to £300,000 funding from HSBC Equipment Finance.

Abrdn's chief executive, Stephen Bird, has revealed that the asset management group has a 50/50 chance of reversing years of customer outflows and achieving net positive inflows this year. Despite initial optimism with a 7% surge in shares following better-than-expected adjusted operating profits, y

Angry parents summoned police to a "Willy Wonka Experience" in Glasgow after it turned out to be little more than a sparsely-decorated warehouse. Police Scotland confirmed that officers attended the event and provided advice as parents with crying children raged about the £35 ticket price.

An event planned to take place in Stornoway on Wednesday 6 March will help local businesses identify and make the most of new opportunities from the growing cruise ship tourism market. Highlands and Islands Enterprise (HIE) has teamed up with Comhairle nan Eilean Siar, Stornoway Port Authority (SPA)

Aqua Nor 2023, the world's largest aquaculture technology showcase held in Trondheim, Norway, has proven to be a significant success for Scottish aquaculture businesses. A collaborative effort by Highlands and Islands Enterprise (HIE), the Sustainable Aquaculture Innovation Centre (SAIC), and the Sc