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Whisky distillers have cried out against one of the government's fiscal U-turns announced on Monday reversing of the freeze on alcohol duty. Commenting on the reversal of the UK alcohol duty freeze Mark Kent, chief executive of the Scotch Whisky Association, said: “Business can only work on th

Pelion, a global Internet of Things (IoT) connectivity business, has secured significant growth equity funding from Scottish Equity Partners (SEP) to allow the company to further grow independently, and invest further in product development, sales and customer support. The Glasgow-headquar

The consumer price index rose marginally in September with inflation having reached 10.1% as the fall in fuel prices was largely offset by the rising cost of food. The current inflation rate is the highest in 40 years. Multiple U-turns on fiscal policy from the UK government have left experts uncert

A Scotland entrepreneur and a former UK cabinet minister have been announced to be among the accomplished business figures who will address next month’s inaugural Invest2Scale gathering. The event was conceived to support scalable Scottish companies with high growth prospects by providing them

Cannabis can now be ordered on Uber Eats in Toronto.

Regional airline Loganair has reported a return to profitability posting a pre-tax profit of £4.98 million in the financial year to 31 March 2022 – while also celebrating its 60th anniversary this year. The Glasgow-based company released its audited accounts, showing a turnover of &

Shona Campbell of Henderson Loggie has been appointed as joint administrator of now-defunct online retailer 2ND HND which refurbished and sold pre-owned office furniture. Ms Campbell's appointment as joint administrator is alongside Lee Green and Andrew Kelsall of East Anglian accountancy firm

Begbies Traynor have warned businesses across Scotland to prepare for further tough times ahead as new research by the firm shows that, in the latest quarter, advanced financial distress among businesses in the country has already started to soar compared with other parts of the UK. The latest

Tech-enabled business critical services firm AAB Group has announced four new appointments aiming to develop talent and strengthen the leadership team based in their Central Scotland offices. Four new directors have been appointed and promoted across the range of services offered by AAB Group, inclu

Alex Plant has been appointed chief executive of Scottish Water and will take over from Douglas Millican when he steps down from the role on 31 May 2023 after a decade in the post. Mr Plant is currently director of strategy and regulation at Anglian Water, which supplies services to 7 million people

The average price of a property in Scotland in August 2022 was £195,391, an increase of 9.7% on August 2021, the latest provisional statistics from Registers of Scotland's UK House Price Index show. Comparing with the previous month, house prices in Scotland increased by 0.2% between July 2022

abrdn has been awarded 21 ‘Green Stars’ for reaching significant environmental and social targets in the buildings it owns. The ‘Green Stars’ were achieved in the 2022 Global Real Estate Sustainability Benchmark (GRESB) real estate assessment. GRESB has become the largest glo

Aberdeenshire-based customs firm Bethan Customs Consultancy has announced its sponsorship of Aberdeen Football Club’s star striker, Luís ‘Duk’ Lopes. Bethan will be sponsoring Duk, who signed for the Dons on a three-year deal in July 2022 from Benfica, for the 2022–23

Environmentally friendly space rocket manufacturer and satellite launch provider Orbex is preparing to expand its operations after it received a £17.8 million investment from the Scottish National Investment Bank. The scale-up support, which is part of an overall £40m Series C funding ro

The Cruden Group has seen its turnover increase by 29% to £247.7 million and profit before tax increase to £4.9m, according to its latest financial results. The residential and construction business said it had delivered "a 23rd consecutive year of profitable trading with a robust financ