News

Scottish energy storage company Gravitricity is set to enter the US market, after it partnered with Illinois-based IEA Infrastructure Construction to secure funding for renewable energy projects. This collaboration comes as the Biden administration recently allocated $450 million (£361m) for c

Michelle Elliot and Callum Carmichael, partners with FRP Advisory, have sold Dundee-based Bonar Yarns Limited, which went into administration in early April, to Newman Yarns Limited, a new business created for the purposes of the acquisition.

Ullapool-based hospitality business, J&R Group, has moved to tackle the region's affordable housing crisis by investing in low-rent accommodations for staff at their Seaforth establishment. With housing shortages impeding their ability to open their seafood restaurant, bar, and fish and chip sho

Link Group has secured a new £70 million funding package with Bank of Scotland. The agreement, which includes an existing £10.7m loan, puts in place a five-year Revolving Credit Facility (RCF) of £60m, providing flexibility and liquidity to Link Group to support its ongoing develop

First Minister Humza Yousaf has unveiled a policy prospectus outlining the Scottish Government's objectives for the next three years, focusing on equality, opportunity, and community. Key financial and economic initiatives include a 'New Deal for Scottish Business' aimed at using Non-Domestic Rates

The average price of a Scottish property in February 2023 was £180,287, an increase of 1% on February 2022, the latest provisional statistics from the UK HPI show. Comparing with the previous month, house prices in Scotland decreased by 2.6% between January 2023 and February 2023 on a non-seas

The UK's Consumer Price Index (CPI) inflation fell to 10.1% in March, primarily due to dropping petrol prices.

Cairncross of Perth, a Scottish jeweller established in 1869, is set to close its doors by the end of July, resulting in the loss of seven jobs. The company, known for its high-end jewellery and watches, holds a unique position in the market as the sole licensed retailer of Scottish Freshwater Pearl

Cullen Eco Packaging, a sustainable packaging company, has hired Phil Brien as head of sales for moulded fibre to meet the soaring demand for environmentally-friendly alternatives to plastic packaging. Mr Brien's appointment comes as the company aims to replace one billion pieces of plastic packagin

Aberdeen-based social enterprise Glencraft has expanded its board to six members, appointing Neil Skene and Ken Robertson as non-executive directors. The move follows the earlier appointments of Laura Bruce and Allan Clow in late 2022, as part of Glencraft's broader development strategy.

Burges Salmon has advised Rivington Solar Limited (part of the Renewable Connections development business) and European Energy UK Limited on the sale of two ‘shovel-ready’ co-located solar and battery storage projects based in Scotland — one at Strathruddie Farm and one at Mon

Pictured (L-R): Natasha Shaurek, director of product; Richard Mullan, CFO; Peter McMorow, AD; Wendy McDougall, CEO; Kai Murray, non-exec director; and Gordon Webb, director of growth; Foresight Group, a regional private equity and infrastructure investment manager, has invested £4 million in F

Aberdeen-based Aurora Energy Services has initiated its operations with the acquisition of R&M Engineering and Inverness Access Training Services (IATS), for an undisclosed sum, marking its entry into the international energy sector. With a goal of creating a £100 million turnover internat

A military reservist has been arrested after allegedly applying to be a hitman on a spoof website called "rentahitman.com".

Macdonald Henderson has advised Opulus in its acquisition of George + Co. The acquisition, announced last week, is part of Opulus's strategic plan to extend its geographic footprint throughout Scotland.