News

Scottish wireless communications tech company, pureLiFI, has received £10 million in funding from the Scottish National Investment Bank. The following the funding, the Edinburgh based firm is planning a global roll out of their technology, which uses light to transmit data rather than conventi

A Perthshire-based dental firm has completed the take-over of a second Scottish borders dental practice as part of a £2 million investment into the growing business. Peebles’ Kingsmeadows Dental Practice has been acquired for £450,000 by Infinityblu Dental Care and Implant Clinic t

A study has revealed that millions of adults have no savings to fall back on as they have already been used up to pay for essential items rising in price. The study by Scottish Friendly and the Centre for Economics and Business Research (CEBR) found that one in six (16%) adults have used all their s

Two new directors have been appointed at Wylie & Bisset. The promotions see insolvency and business recovery team associate director Paul McDougall, with almost 16 years’ service, become a director, and senior internal audit manager Stephen Pringle, with 11.5 years’ service with the

Burges Salmon has advised Cytomos Limited on its £1.6 million funding from a trio of investors to progress the development and qualification of its novel cell analysis platform, Cytomos Dielectric Spectroscopy (CDS).The fundraising was led by existing investor Archangels with participation fro

One of Scotland’s scenic hotels, The Drovers Inn at Inverarnan, Loch Lomond has been sold for over £3 million.

Integrated Graphene, a Stirling-based technology development and integration company, has announced plans to invest up to £8 million in scaling up its 3D Graphene foam, Gii, manufacturing process to meet surging global demand from the human diagnostics and energy markets. Founded in 2016, Inte

The number of disputes between commercial occupiers and landlords in Scotland being referred to third-party resolution is on track to be the lowest in a decade, according to new analysis from Knight Frank. The independent commercial property consultancy obtained figures from the Royal Institution of

East Kilbride-based e-commerce business Dimensions Scotland has secured £522.5,000 from HSBC UK to purchase a new warehouse after demand for its services grew significantly during the pandemic. Dimensions partners with its customers by providing outsourced storage and order fulfilment services

Gross domestic product (GDP) grew by 0.5% in May 2022, according to the latest figures published by the Office for National Statistics (ONS). However, "spiralling living costs", sharp rises in inflation and further interest rate rises on the horizon "present an uncertain forecast for people and poli

A new initiative to facilitate training and work opportunities for local women has been announced in Dundee. Acting as an 'Empowerment Partner', Dundee and Angus Collage, in collaboration Women's Business Station, will deliver training and qualifications through a number of six to eight-week academi

Over one million people are considering a reduction to their pension contributions to deal with the cost of living crisis.

Russian gamblers were duped into betting on a fake tournament advertised as the real Indian Premier League in an elaborate scam broken up by police.

Scotgold Resources has had an excellent Q2 exceeding targets and having achieved £5.5 in sales.

Contractor GRAHAM has reported profits before tax up by 54% to £19 million in its latest published accounts.