News

The 108 employees of a growing Scottish traffic management company have become its new owners. Apex Traffic Management, which is headquartered in East Kilbride and has depots in Dumfries, Ashford in Kent and will soon open a new depot at Portlethen outside Aberdeen, has completed a deal to transitio

Scottish design agency Fifth House has expanded its operations into the Middle East following a financial boost from Midlothian Council Local Business Support funded by the UK Government’s Shared Prosperity Fund. Headquartered in Edinburgh, Fifth House has officially opened for business in Dub

Blackfinch Group, a UK investment specialist, has acquired a 174-hectare commercial forest in Argyll and Bute. The acquisition, made through its subsidiary Litchfield Trading Limited and funded by retail investors through the Blackfinch Adapt IHT Service, marks Blackfinch's first foray into the fore

Knight Frank predicts that the utilities and information & communications sectors will dominate economic growth in Aberdeen, Edinburgh, and Glasgow through 2050. This growth will be buoyed by the transition to net zero and the rise of AI.

Barratt Homes and David Wilson Homes, both subsidiaries of Barratt Developments, have injected £406.9 million into the Scottish economy in the year ending 30 June 2024. The housebuilding firms completed 1,613 new homes and supported 4,045 direct, indirect and induced jobs across its North, Eas

Two of Scotland's surveying practices, Shepherd Chartered Surveyors and Whyte & Barrie Chartered Surveyors, have merged. Both practices share a long history, with Shepherd having been established in 1880, while Whyte & Barrie was founded in Lanark in 1947.

Record funding of £150 million capital investment from the Scottish Government will support the growth of the offshore wind sector and support thousands of well-paid, green jobs across Scotland over the next decade, acting net zero and energy secretary Gillian Martin has said.  Overall st

A rare Roman coin depicting Brutus, Julius Caesar's assassin, has been sold at auction in Geneva for €1.98 million (c. £1.64m).

Macy's has concluded its investigation into an employee who concealed $151 million (c. £118m) in delivery expenses over three years.

BDO LLP has strengthened its Scottish team with the appointment of Stuart Macdougall CA as an audit partner. Mr Macdougall brings 20 years’ experience of working with entrepreneurs, private-equity-backed companies and large international groups. He also has significant ESG expertise and will b

Wood Leisure Holiday Parks Limited, a family-run business operating five holiday parks across Scotland, has acquired its sixth park, Faskally Woods Holiday Park in Pitlochry, with funding from Royal Bank of Scotland.

Smaller businesses backed by the Start Up Loans programme have higher survival rates than other businesses, according to an independent evaluation, conducted by SQW working in partnership with Professor Mark Hart, Qa Research and The Data City. The programme, which has provided over £1.1 billi

Research conducted by 3Gem on behalf of Scottish Friendly has revealed that parents would prefer family to contribute to their child's financial future rather than buy the latest toy this Christmas. The research, amongst 1,500 parents, conducted last month, shows that just over half of parents (51%)

The EY ITEM Club has predicted the Bank of England will maintain the Bank Rate at 4.75% at its December Monetary Policy Committee (MPC) meeting next week. This pause in the rate-cutting cycle is anticipated to be temporary, with the EY ITEM Club expecting a return to rate reductions in the new year,

Ultrasound technology specialist Novosound has moved into a new headquarters at BioCity in Glasgow. The expansion comes after a year of growth that saw the company increase its headcount to 42 from 34 and secure a £2 million investment round led by Par Equity.