Business

Shares in the Aberdeen-based Wood Group rose by more than 3% yesterday after the firm moved closer to a potential £1.6 billion take over. Following the Sidara's fourth and final offer of 230 pence per share, Wood's board said it has "decided to engage with Sidara to determine if a firm offer c

Building materials merchant, PDM has unveiled a major upgrade to its Kilmarnock branch. This investment will better support the needs of both existing and new customers with a significantly expanded product range across a retail floorspace that has tripled in size. The upgraded facilities were offic

Business confidence in Scotland was the joint highest of any UK nation or region in May, according to the Bank of Scotland Commercial Banking.

Edinburgh-based Smart Data Foundry is relaunching its synthetic data platform, Aizle, following a period of sustained growth which has seen its client base and team expand in line with growing demand for its services. Aizle, a synthetic data platform designed to accelerate innovation, is unveiling a

More than 90% of participants who took part in a pilot scheme aiming to inspire female entrepreneurs have said they now feel ready to start their own businesses. E3f, a six-week pilot programme, was run by Elevator – a social enterprise which supports entrepreneurship and employability across

A new £5 million investment package has been unveiled to bolster high-growth businesses and entrepreneurs in Scotland. This initiative forms part of the Scottish Government’s ongoing commitment to implement recommendations from the Logan and Pathways reports, aiming to foster a world-cla

Output for Scotland's private sector grew marginally in April, along with the third consecutive monthly rise in new business, according to the Royal Bank of Scotland Business Activity Index. The seasonally adjusted index, that measures the month-on-month change in the combined output of th

Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the Scottish National Investment Bank (the Bank) and UK Infrastructure Bank (UKIB) with £50m investment from each. The financing foll

Edinburgh-headquartered 2i testing has secured funding worth eight-figures to accelerate growth as it targets turnover in excess of £50 million in the coming years.

Recent data reveals a concerning trend in Scottish footfall, urging for cohesive strategies from the incoming First Minister.

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 –