Business

Scottish-based investment syndicate Kelvin Capital has concluded record investment totalling £7.8 million in the first half of 2023, marking a 22% increase from the same period in 2022. These significant financial strides highlight the growing strength and appeal of Scottish based businesses,

Glasgow-based fashion retailer Quiz has issued a warning regarding its deteriorating income, signalling potential losses for the upcoming financial year.

Aberdeen's Forrest Training, a training provider specialising in first aid, mental health, and social care, has reported a staggering 65% increase in monthly sales. The significant growth came on the back of expert advice and support from Business Gateway.

C&C Group, the owner of Tennent’s Lager, has reported an upswing in its business activities despite facing a financial setback due to an IT system upgrade mishap, which incurred a €25 million (around £21.65m) cost.

Rising interest rates and high costs have pushed many Scottish businesses to review their spending, freeze pay increases and restructure their operations, in a bid to manage their finances, according to new research from Grant Thornton UK LLP’s Business Outlook Tracker. The survey of 51 S

Aberdeen-based Global Wind Projects (GWP) is set to expand its operations after successfully completing the first of three contracts in Ireland, collectively valued at around £8.6 million. Owned by Highland entrepreneur Roy MacGregor, the company is a division of Global Port Services and was e

Edinburgh-based water retailer Business Stream has announced substantial savings for its customers, amounting to nearly £32 million for the 2022/23 financial year. A significant portion of this was realised through more than £15m in discounts. Water efficiency initiatives led to £1

Ten new export champions have been appointed for Scotland after a positive start to the scheme that was launched just under a year ago. In October last year the first ever Export Champions for Scotland were selected and tasked with promoting the benefits of exporting.

Scottish woollen garment manufacturer Johnstons of Elgin is set to expand production following a robust sales performance and job creation despite a challenging economic landscape. Led by CEO Chris Gaffney, The family-run business, headquartered in the Highlands with additional facilities in the Sco

Scottish electricity company Electricity Asset Services Limited has secured major new contracts with Scottish Power, SP Energy Networks, and Lastmile Asset Management, driving a significant expansion of its business, thanks to support from Bank of Scotland.

Up to 50% of business exits occur due to an unexpected approach from potential buyers, however many business owners fail to maximise shareholder value as they are ill prepared for the 'tap on a shoulder' approach, according to research by Azets. An unsolicited approach is when a buyer such as a larg

Scotgold Resources, the owner and operator of Scotland's sole gold mine, faces an uncertain future as the company suspends share trading amid financial woes.

Knight Property Group has secured a significant deal at its £20 million landmark green office building in Edinburgh Park, with Lumacron Technology having moved its headquarters to 4-5 Lochside Avenue, in Edinburgh Park.

UMi Debt Finance has received an additional £4 million funding injection to continue its support for Scotland's small & medium enterprises (SMEs) sector.

Four firms from Tayside and Fife have won a share of over £400,000 in funding to use in development of projects using 5G technology. The Tay5G challenge fund is a collaborative initiative under the Tay Cities Region Deal, in partnership with the Scotland 5G Centre and industry stakeholders.