News

Action star Sylvester Stallone has auctioned off 11 watches from his personal collection, raising a total of $6.7 million (around £5.3m).

Businesses need to change the way they respond to global risks if they want to stay competitive, BDO has warned. The firm’s annual risk report found that business leaders are facing almost permanent disruption, with 84% of respondents to its survey said that the global risk landscape is now mo

Angus-based textile firm Wilkie has acquired Bradford Industries' factory in Lowell, Massachusetts, for an undisclosed sum. The move expands Wilkie's American presence, adding 25 employees and £6.25 million in revenue. The Scottish business, operating since 1868, specializes in industrial text

Scotland's private sector activity expanded for the fifth consecutive month in May, the strongest pace in two years, according to the Royal Bank of Scotland Business Activity Index. This growth was driven by increased demand for services, which offset a continued downturn in manufacturing.

With just a little over two weeks left to apply to Deloitte’s 27th annual Technology Fast 50 awards, Scotland-based technology firms are being encouraged to apply. The awards recognise and rank the 50 fastest growing technology companies in the UK, based on the last four years of revenue growt

The Scottish Space Network (SSN) has formed a strategic partnership with New York-based Sustainable Alpha to unlock investment for the Scottish, UK, and international space sectors. The collaboration will focus on identifying the funding needs of the fast-growing industry and developing a comprehens

Renfrewshire-based design agency Yellow Slate Design has achieved remarkable growth of 200% year-on-year for eight consecutive years, thanks to support and funding guidance provided by Business Gateway. The agency offers comprehensive branding services across various industries. The agency's experti

Edinburgh Airport's recovery from the pandemic has surpassed expectations, with operating profits soaring to nearly £145 million in 2023, a 77% increase from the previous year.

Protections for people who are in debt and experiencing mental health problems have been approved by the Scottish Parliament. The Bankruptcy and Diligence (Scotland) Bill includes the power to bring in a pause on debt recovery action until six months after the person has finished treatment.

Perth-based renewable energy installer IMS Heat Pumps has been acquired by residential energy services firm Hometree for an undisclosed sum.

The Institute of Directors has today published a consultation document on a Code of Conduct for directors. This Code of Conduct is a practical tool to help directors make better decisions. It also provides organisational leaders with a behavioural framework that can help them build and maintain the

Aberdeen-headquartered offshore support vessel operator North Star has secured a £425 million debt investment to solidify its position in the offshore wind sector.

Edinburgh-headquartered investment management firm Baillie Gifford has withdrawn sponsorship from all remaining literary festivals, including Cambridge, Stratford, Wigtown, Henley, and Wimbledon.

The European Central Bank (ECB) has lowered interest rates by a quarter point to 3.75%, marking the first reduction in nearly five years. ECB President Christine Lagarde indicated this could be the beginning of a series of rate reductions, but cautioned future decisions would depend on inflation dat

Three-quarters of Scots have said they support domestic oil and gas production from the North Sea, according to new polling by advisory firm True North. Less than a month out from the general election, the data shows 75% would rather see the UK meet its energy demands from domestic sources than impo