Business

More than one third (35%) of Scottish businesses have experienced fraud in the last five years, a new survey from BDO has found. Of those businesses, 86% said they had experienced fraud in the last 12 months. Additionally, more than a quarter of respondents (29%) have seen multiple fraud incidents i

Business confidence in Scotland fell 13 points during November to 31%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down two points at 43%. When taken alongside their optimism in the

Mabbett & Associates Ltd and IKM Consulting Ltd have merged to create one of Scotland’s largest multi-disciplinary consulting firms. With a combined headcount of around 200, the new firm, named Arthian, will target new sectors and larger projects with the opening of two new offices and a p

Bancon Group has reported an operating profit of £3.8 million for the year ended March 2024, down from £4.6m in the previous year, and a decrease in pre-tax profit from £1.8m to £1.3m. The Aberdeenshire-based housebuilding and construction group's turnover fell 26% from &poun

Business figures have urged the Scottish Government to take immediate action to address mounting economic challenges. The call came at the Scottish Chambers of Commerce annual dinner where First Minister John Swinney, Labour leader Anas Sarwar MSP and Scottish Conservatives leader Russell Findlay MS

The British Business Bank has launched the Community ENABLE Funding (CEF) programme, which is designed to increase the availability of funding to social impact sector lenders, and the smaller businesses they serve in local communities across the UK. The initiative is aimed primarily at community dev

Entrepreneurial Scotland has launched its 2025 Saltire Scholars Internship Programme, inviting businesses across Scotland the opportunity to host an intern in their organisation next summer. The programme matches businesses of all sizes, from all sectors, with high-quality, pre-vetted students throu

Clydebank-based engineering firm JC Electrical & Security Solutions (JCESS) is launching a new spin-out company to bring a unique security device to market with backing from a £400,000 private investment. In collaboration with CENSIS, the centre for innovation in digitalisation and enablin

The British Business Bank’s £150 million Investment Fund for Scotland has committed just over £10 million in funding in its first 12 months.

Twelve innovative young companies have successfully completed Michelin Scotland Innovation Parc’s (MSIP) latest accelerator programme, committed to amplifying sustainable innovation and decarbonisation solutions. Part funded by Scottish Enterprise and delivered by Skillfluence, the MSIP Accele

Scottish businesses planning to treat their staff to a festive party this Christmas are being cautioned to avoid exceeding the £150 per person tax exemption limit. Mark Pryce, head of corporate tax in Scotland for Azets, has warned that it is easy to fall foul of the legislation regarding exem

Overdue invoices have surged by 42.8% in October 2024, compared to the same period last year, equating to 600,588 unpaid invoices, according to R3. The insolvency and restructuring trade body's analysis of data provided by Creditsafe shows that this is the highest monthly total of 2024 so far, and a

Lesmahagow-based fleet vehicle graphics firm, OPG, is on track to increase turnover by 40% following continued business growth since a management buy-out (MBO) in late 2022. OPG’s primary focus is the design and production of branding and wraps for vehicles, working with household names across

The Scottish Government has announced over £1.9 million in funding to boost entrepreneurship education and support under-represented groups in business. Pupils will have the opportunity to learn about business from primary one to the end of high school for the first time under a new initiative

Picture (L-R): Kylie Moles and Matt Sandham of bspoq with Toni Baxter and Jed Simpson of TYGRIS A Scottish family-run business has experienced a major increase in online revenue since rebranding and implementing a digital-led sales strategy.