News

GAP Group Northeast, a Gateshead-based recycling and haulage firm, has expanded into Scotland with a new, state-of-the-art fridge recycling plant near Perth made possible by a seven-figure funding package from HSBC UK. This new site will allow the company, which specialises in recycling electronic w

Scottish businesses have been invited to enter The Private Business Awards 2025, sponsored by BDO, with nominations now open to private or PE-backed businesses with a turnover of £50 million-£300m. The inaugural awards programme, which serves to celebrate the mid-sized businesses that dr

A Dundee teenage entrepreneur, Mitchell Carling, has finalised the takeover of his second hospitality venue on the Costa del Sol. Carling, now 17, made headlines earlier this year after acquiring his first bar, a Rangers Supporters Pub named Bar None, at just 16. His investment company, PTR Hospital

Two-thirds of local authorities in Scotland are considering introducing a Visitor Levy following confirmation of the country’s first scheme in Edinburgh, according to research by the Federation of Small Businesses (FSB) in Scotland.  Data compiled by FSB Scotland shows 21 out of 32 Scotti

Scottish retail footfall saw a modest increase in January, rising by 1.0% year-on-year, a slight improvement from December's 1.5% decline. Shopping centres and retail parks experienced growth, with retail parks showing a particularly strong performance, up 5.7%. Edinburgh and Glasgow also saw increa

Armstrong Watson’s corporate finance team has almost doubled in size and successfully completed deals worth a combined total of more than £55 million over the last 12 months. Throughout 2024, the team continued to see a high level of activity across a variety of sectors, including manufa

TLT has advised a Glasgow-based diagnostics company that has pioneered the early detection and identification of cancer on a multimillion-pound investment. The funding will facilitate the business’ growth and expand its commercial presence in the US.

Holmes Mackillop has promoted Glasgow-based Robbie McAdam from solicitor to senior solicitor within its dispute resolution and litigation team. Mr McAdam joined Holmes Mackillop last August having qualified with a national personal injury firm the previous year before moving to a global commercial f

Addleshaw Goddard has recruited insolvency litigation specialist Sophia Harrison as a partner in restructuring, focusing on its insolvency dispute resolution (IDR) practice. Ms Harrison is dual-qualified in England & Wales as a barrister and in Scotland as a solicitor.

Lettings and estate agency DJ Alexander has said rent levels in Scotland are best left to the market to determine, arguing that rent controls have inadvertently fuelled rent increases. The firm said that the latest statistics on rent levels in the private rented sector (PRS) show that rents have bee

A colony of beavers has saved Czech authorities nearly £1 million on a long-awaited construction project. The beavers jumped the gun on a seven-year-long dispute by constructing a series of dams exactly where local authorities wanted to build them.

Start-up tech companies participating in the Scottish Government’s Techscaler business accelerator programme have raised more than £118 million of capital investment in the past two years. It comes from both private and public sources and is supporting businesses in sectors such as medic

Aurora Energy Services has invested £750,000 in securing a new larger office building in Aberdeen to support its ambitious expansion programme. The company has acquired the lease for the 7,000 sq ft Ury House in Howe Moss Crescent, Dyce, which has been renamed Aurora House.

Private equity (PE) investment in Scotland surged by over a third (35.6%) in 2024, reaching £9.4 billion, according to KPMG UK's latest Private Equity Review. The findings reflect a period in which the UK experienced a more stable economic climate, with interest rates and inflation falling; gr

The Bank of England (BoE) has lowered interest rates to 4.5%, a 0.25% reduction, amidst concerns about rising inflation and sluggish economic growth. The BoE's Monetary Policy Committee (MPC) voted 7-2 in favour of the cut, aiming to alleviate pressure on borrowers. However, the bank halved its 2025