News

The Scottish Inward Investment Catalyst Fund has awarded a further £40,000 to strengthen ties between businesses based outside Scotland and Scottish universities. Four companies, headquartered in the U.S., Finland and England, will collaborate with a range of Scottish universities with a view

Scottish SMEs have 6 months in which to prepare for the looming recession and build resilience or be increasingly exposed to the risks of soaring inflation, rising interest rates and contracting demand, accountancy firm Azets has warned. James Fennessey, restructuring partner with Azets, highlighted

Sodexo, the facilities management and food services provider, has relocated its Aberdeen offshore support base operation to Denmore Industrial Estate.

The Scottish Government has announced that thousands of businesses can now apply for up to £15,000 to help retrain and upskill their workforce. The Flexible Workforce Development Fund provides workers in organisations of all sizes with access to training courses through local colleges, the Ope

A £65m superyacht, linked to a sanctioned Russian oligarch, has been put up for auction in Gibraltar attracting 63 bids. The 72.5-metre superyacht, Axioma, was detained by the Gibraltar government in March following sanctions affecting the owner, billionaire Dmitry Pumpyansky, The Guardian rep

The Scottish Government has backed Federation of Small Businesses (FSB) calls for an energy price cap to be extended to small businesses. The move came as First Minister, Nicola Sturgeon, gathered industry leaders at Bute House for an emergency summit on the mounting energy price crisis.

Wood Group has posted a $89 million (c.£76m) profit for the six months ended 30 June 2022, up from an $11m (c.£9m) loss for the same period last year. The group's H1 2022 revenue has fallen marginally by 0.4% to $2.56bn (c.£2.17bn) from $2.57bn (c.£2.18) in H1 2021. However,

A Stirling glassmaking firm has secured a £500,000 order to supply its whisky-based gifts to duty free outlets across Asia. The company, Angel's Share Glass, has signed a three-year deal with Chinese importers Hainan Silverwing International to produce their giftware range – including th

A legal claim has been brought against Sony PlayStation seeking up to £5 billion in damages for consumers in the UK.

Plans to double a £30 million investment to develop a Glasgow science and tech business hub have been announced by Bruntwood Scitech. The announcement comes three months after the joint venture, between investor and developer Bruntwood and Legal & General, acquired and announced the redeve

The new Prime Minister’s inbox may well overflow with priorities, but the latest research from Grant Thornton finds that Scotland’s business community sees Levelling Up and boosting investment in Scotland as vitally important. The policy agenda, the most recent take on decades of debate

New figures show Scotland’s public finances are recovering from the coronavirus pandemic faster than the UK as a whole. The Government Expenditure and Revenue Scotland (GERS) 2021-22 statistics show Scotland’s deficit fell by 10.3%– compared to a drop of 8.4% for the UK.

Crunchy Carrots, a specialist digital marketing firm has achieved net-zero status after the founder and managing director received advice, support, and signposting to funding worth over £14,000 from Business Gateway and DigitalBoost, Scotland’s national digital upskilling programme. Crun

Pub landlords throughout the UK have warned that they face an “extinction-level event” this winter amid skyrocketing energy costs.

Scottish comedian, Paul Black is partnering with NatWest for a second time to raise awareness of money muling – an activity where targets are recruited to channel illicit funds through their personal bank accounts. Following a successful run of sell-out shows at this year’s Fringe, Paul