Business

Scottish accountancy and business advisory firm Consilium Chartered Accountants has advised Cofficient on the successful transition to employee ownership. Consilium provided tax and corporate finance advisory services to the founders of the business who sold the company shareholding to an employee o

The first quarter has seen a significant downturn in cashflow and profits for Scottish businesses, with sizeable contractions recorded across four of the five sectors, according to the latest Scottish Chambers of Commerce quarterly economic indicator.

An eco-conscious couple have opened their second environmentally friendly luxury log cabin at the foot of the Eildon Hills for holidaymakers.

Business confidence in Scotland fell significantly in March, according to Bank of Scotland Commercial Banking. The bank's latest Business Barometer showed the overall confidence level dropped 15 points to 41%, with companies reporting lower optimism in their own business prospects, down 10 poin

Glasgow-based digital marketing agency GRA has embarked on an ambitious international expansion phase with a series of significant contract wins from new players in the dynamic US tech sector. While Scotland remains the dominant market for the full-service agency, the move into the US arena –

A hotel complex in the Scottish Highlands, dedicated to members of the British armed forces, veterans and their families, has secured a six-figure funding deal to complete its transformation. Forces Manor, situated in the Cairngorms National Park and owned by former army soldier and now veteran Tony

Edinburgh-based coach tour operator Timberbush Tours has taken its investment in new vehicles to more than £3 million for the forthcoming 2024 season. The company said it is taking delivery of 16 Mercedes Sprinter Coaches from Whitburn-based supplier Coachtraders, the Scottish agents for Merce

Scotland witnessed a net closure of one store per day in 2023, according to a report by PwC and The Local Data Company (LDC). While 1,069 stores closed, 732 new outlets opened, resulting in a net loss of 337 shops and outlets belonging to chains with five or more locations.

Social enterprise and luxury mattress manufacturer, Glencraft, has signed its first retail partner contract in North America.The contract, expected to yield Glencraft an annual six-figure turnover, has been secured with Inform Interiors, a high-end furniture retailer based in Canada.A not-for-profit

Lanarkshire-based weed control and tree management specialist Complete Weed Control has secured a further five-year deal with waste and resource management firm FCC Environment. The Larkhall-based company recently completed a three-year contract with FCC Environment, which has been extended for five

Dundee creative agency ALTAR Group has reported strong start to 2024 with £500,000 of new client wins during Q1 and shared plans to open a new office in Glasgow.

A multi-million pound contract has been secured by water retailer Business Stream, that will see it continue to provide water and waste water billing services for Scotland’s public sector. Business Stream, headquartered in Edinburgh, has been awarded the Scottish Government’s Water and W

Harland & Wolff Group Holdings plc, an engineering firm specialising in strategic infrastructure projects and physical asset lifecycle management, has landed a contract to fabricate subsea structures at its Isle of Lewis site for a global oil services company. The five-year master services agree

E-learning specialist ITZA has secured £2 million of R&D grant and equity funding from Scottish Enterprise, Alba Equity, and private investors to grow a digital learning, production and AI analytics hub in Scotland to accelerate independent learning for young people in the 10-16 age range

Sallyport Commercial Finance is poised for significant growth in 2024, capping off a successful first year with £4.4 million in funding across key UK industries. The company has doubled its team since inception and expects to increase its team by a further 50% this year. It plans to open a new