News

Fife-based International Testing Services (ITS), which specialises in non-destructive testing (NDT) has grown its headcount after winning a significant new international contract, with the support of a £100,000 funding package from Bank of Scotland. ITS has been providing NDT and inspection se

Pathhead-based technology business AgbioInvestor has been awarded a Queen’s Award for Enterprise in International Trade 2022. Now in its 56th year, the Queen’s Awards for Enterprise are the most prestigious business awards in the UK. The awards were first established in 1965 and since th

The British Business Bank has appointed a new Scottish representative to its UK Network team, with senior manager Barry McCulloch spearheading the Bank’s presence north of the border. Mr McCulloch takes over from Ian Mitchelmore who is stepping down due to retirement.

Aberdeen-headquartered digital twin technology specialists Eserv has secured a six-figure funding grant from the Net Zero Technology Centre to develop a multi-resolution, multi-format asset integrity visualisation system for the subsea energy sector. The 12-month R&D project will see Eserv build

Edinburgh-based 'fishtech' start-up Rooser has secured more than £17 million in funding in an equity fundriasing round led by Index Ventures, Google Ventures and Point Nine Capital. The funding will be used to help boost the firm's technology designed to speed up fish sales and cut waste.

Almost 14,000 businesses have been supported in the form of grants from the Construction Industry Training Board (CITB), with over £77 million paid out in the last year, and over 45% of grant spent going to small and micro businesses, new data has revealed.

The co-founders of tech firms Freeagent and Made.com will share their secrets of success at an entrepreneurs’ investment summit being held in Glasgow next month. Ed Molyneux, who was the CEO of accounting software firm Freeagent, and Julien Callede, the former COO of online furniture retailer

AccelerateHER, Scotland’s dynamic network for female founders has appointed Elizabeth Pirrie as its new CEO. The Scottish-based organisation, which empowers UK female-founded businesses to scale for growth, has made the new appointment amid UK-wide expansion of both its team and operations.

CBRE has acquired Dougray Smith, a property advisory consultancy in Scotland, specialising in investment and mixed-use developments, for an undisclosed sum.

Caledonia Housing Association has secured a uniquely structured £75 million Private Placement, with support from NatWest, to further its commitment to both building sustainable housing and becoming a carbon-neutral organisation. Caledonia intends to use the proceeds from the transaction to con

Air conditioning specialists Coolair Equipment Limited has announced a new hire to head up expansion into Scotland and the north east, as it establishes a permanent base in Newcastle. The operation will be led by senior sales engineer Mark Walsh, a veteran of the industry with more than 20 years&rsq

A bride and caterer who allegedly fed a cannabis-laced dinner to her unsuspecting wedding guests have been arrested. Florida woman Danya Svoboda's wedding reception ended with her speaking to police officers after a number of guests reported feeling sick and high, CBS News reports.

The Financial Reporting Council (FRC) has published new research, in conjunction with the UK Anti-Slavery Commissioner and Lancaster University, which has identified significant shortcomings in the quality of companies’ modern slavery reporting. The research looked at a sample of 100 major com

Edinburgh-based life sciences company Carcinotech, a MedTech specialist in the manufacture of 3D printed tumours developed from cancer stem cells, primary cells, and established cell lines, has secured a £1.6 million investment from leading Scotland-based investors to accelerate commercialisat

The Financial Conduct Authority (FCA) is using emergency powers to prevent financial advice firms, who advised members of the British Steel Pension Scheme (BSPS), from disposing of assets to avoid paying compensation. The FCA has introduced these emergency rules, without consultation, in light of th