News

Smart Data Foundry has revealed its inaugural board as it accelerates its mission to unlock the power of financial data to drive innovation and solve big societal issues. Joining chair Dame Julia Unwin and chief executive officer Frank Gauld, the board is drawn from government, industry and academia

The vast majority of businesses in the Highlands and Islands have taken action to support their employees in response to the cost crisis, according to Scotland’s latest Rural Business Survey commissioned by Highlands and Islands Enterprise (HIE), South of Scotland Enterprise, and the Scottish

A Shetland knitwear firm, Jamieson's Spinning, has completed a project to increase capacity and productivity by using innovative technology.

Scotland’s small business confidence fell again in the final quarter of 2022, latest figures from the Federation of Small Businesses (FSB) show. The small business group’s Small Business Index (SBI) now sits at -50 points for Scotland, down on the -45 reported the previous quarter. It is

Experts in industrial cleaning and emergency response for the global energy industry, NRC UK has been bought over by two long-term industry senior executives for an undisclosed sum. The buyout has been hailed by its managing director as a landmark in the company’s growth which will with immedi

Donald McNaught, restructuring partner at accountancy and business advisory firm Johnston Carmichael, has been appointed as interim liquidator of Staels Design Limited, trading as WheelAir. The Glasgow-based disability equipment supplier has developed a range of innovative products to regulate the t

Global IT firm transACT Technology Solutions is set to create 20 new jobs in Glasgow after the firm established its Scottish headquarters in the city. The move comes as part of an international expansion for the London-based firm, which celebrates its 10th anniversary this year.

Wylie & Bisset, accountants and business advisers, has backed calls from the Scottish hospitality sector for business rate support. The firm agrees with UKHospitality (UKH) Scotland that a lack of business rates support for Scottish hospitality is unfairly hindering the sector in comparison to E

The Port of Grangemouth, Scotland’s largest freight hub, has delivered an abundant ‘tattie’ season with 65,000 tonnes of seed potato exported around the globe from Grangemouth. The busy container terminal grew annual volumes with 150,000 containers moving through the port in 2022.

BDO’s Scottish corporate finance team has advised on 39 completed deals in 2022 with a total value of £1.9 billion. The deals were across a variety of sectors including technology, support services, real estate and healthcare, with private equity transactions a significant feature&n

Two Scottish companies have joined the British Business Bank's Future Fund, revealed by the published list of 53 additional companies in which the bank holds an equity stake, taking the total to 515 as at end of December 2022. Companies in which Future Fund is now a shareholder include Edinburgh-bas

In a statement of objections issued today, the Financial Conduct Authority (FCA) alleged that Dollar East (International Travel & Money Transfer) Ltd, Hafiz Bros Travel & Money Transfer Limited, and LCC Trans-Sending Limited (including its parent company Small World Financial Services Group

Law firms and accountants that fail to do enough to prevent fraud are the target of the UK government's Economic Crime and Corporate Transparency Bill.

Last year some of Scotland's most promising businesses received £705 million of venture capital (VC) investment, the largest amount on record, according to KPMG’s latest Venture Pulse Survey.

Easyjet has launched a 'beach-in-a-box' kit for Brits who are not in a situation where they can book a holiday.