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The Highlands and Islands is an ideal place to host at least one of Scotland’s green free ports, according to Highlands and Islands Enterprise (HIE).

Asset and wealth management firm AssetCo has posted its 2022 half year report revealing revenues of £1.3 million. For the six months ended 31 March 2022, the firm announced a loss before taxation of £2.6m, compared to a profit of £22.3m for the same period in 2021, which AssetCo sa

Par Equity, the Edinburgh venture capital firm, capped off a successful year by supporting 12 high growth technology companies in the first quarter of 2022 with record investments of £31.4 million.  The investments made over the past year signal an 83% increase on £17.2m in the prev

Scottish mid-tier accountancy and business advisory firm French Duncan has promoted entrepreneurial services directors Neil Robb and Marc Vosilius to partner, following significant success in this area of the business over the past few years. The two have been with the firm for six and eight years r

Animal rights advocates have failed to persuade a court that an elephant named Happy who was captured at the age of one and brought to the US is legally a person. New York's highest appeals court ruled by 5-2 that Asian elephant Happy, who was born in the wild in Thailand, has not been illegally det

Education innovator Dr Rashmi Mantri was presented with business achievement honour at the Inspiring Indian Women (IIW) She Inspires awards held at the Houses of Parliament. Born in India and settled in Glasgow, Dr Rashmi Mantri is a multi-business manager, IT specialist and educator with a PhD in c

Logistics, distribution and storage businesses Bullet Express has opened a new 67,000 sq ft logistics centre at Westway Park, Renfrew, Scotland's largest fully enclosed industrial distribution and office park. The new logistics centre will see Bullet Express increase its storage and distribution cap

Dundee-based cloud computing company iomart Group has posted its full year results for the year ended 31 March 2022, revealing an 8% decline in revenue from £111.9 million to £103m. However, the firm stressed that it continues to "benefit from a robust business model delivering

First Minister Nicola Sturgeon will pledge the Scottish Government’s support to work in partnership with industry for a more resilient economy following the pandemic, to help create a wealthier, fairer and greener Scotland. In the opening address at the Scottish Council for Development and Ind

Rostra Therapeutics, a life sciences company spinning out of the University of Strathclyde, has secured £80,000 in grant funding after winning the 2022 Scottish EDGE pitch competition for businesses. Hundreds of high calibre applications were received by Scottish EDGE, the UK’s biggest f

Bank of Scotland owner Lloyds Banking Group is close to agreeing a compensation deal for victims of the Reading HBOS scandal. After mounting pressure from small business representatives and the Financial Conduct Authority, it has been reported that the banking giant has agreed to offer victims of th

Commercial property company HFD has sold an industrial building at Hamilton International Park in a deal valued at around £2.5 million.

Creative design studio Form Digital has announced the launch of a new initiative to support local communities and charities around Aberdeen and Glasgow, where it is based. The Octopus Fund is a £10,000 pot to be distributed across work spanning brand, print and digital for community and third

Research carried out by Aegon UK among 10,000 people across the UK has revealed that in Scotland 56% of savers say they want to invest some of their savings sustainably. However, according to the figures only 26% actually do so.

Banks and building societies will need to assess the impact of changes to their services, for example shorter branch opening times, under updated guidance proposed by the Financial Conduct Authority (FCA). The FCA is also consulting on requirements for more detailed analysis on how firms assess the