Business

Logistics firm Rix Shipping (Scotland) Ltd has announced it is set to inject over £3 million into Montrose's local economy, reinforcing its longstanding presence in the region.

The British Business Bank has unveiled its new £150 million Investment Fund for Scotland, unlocking additional funding to help smaller businesses to prosper and thrive.

ACCA Scotland has responded to the UK government's plans to launch more stringent initiatives to curtail the persistent problem of late payments, which particularly plagues SMEs. This move is part of the forthcoming Prompt Payment & Cash Flow Review aimed at reinforcing and better executing curr

Scottish clean tech software and data company Heero Technologies has clinched an investment worth £550,000 from The TRICAPITAL Syndicate, Scottish Enterprise, and Mint Ventures. The financial injection is intended to further develop and scale the business' energy efficiency application and web

Scotland’s sole commercial gold miner, Scotgold Resources, has placed the majority of its staff on unpaid leave "until further notice" as it continues to grapple with significant financial constraints.

Glasgow-based Macfarlane Group has acquired B&D 2010 Group Limited, a Southern England based specialist in protective packaging, in a deal worth £3.85 million. This earnings enhancing acquisition is in line with Macfarlane’s stated strategy of building its protective packaging busine

Business confidence in Scotland experienced a minor dip in September, dropping three points to 33%, according to the latest Business Barometer by Bank of Scotland Commercial Banking.

The financial year has gotten off to a good start for the Highlands and Islands region and has a promising outlook for inward investment. Vicky Grant, the Highlands and Islands Enterprise’s (HIE) head of international trade and investment, highlighted in her recent blog that this year has alre

Aspectus, a global brand, marketing, and communications agency, has experienced a surge in growth over the past year, reporting a 25% increase in global revenues, totalling £12 million. This growth trajectory is attributed to escalating client demand, the launch of new services, and a formal e

A hospitality business on the NC500 has ended a post-Brexit staffing shortage which reduced trading hours by 29% by introducing an innovative ‘work to live’ programme for staff. The Seaforth restaurant and bar in Ullapool was forced to cease trading 2 days a week during the pandemic when

Edinburgh-headquartered technology services firm Stellar Omada has secured a £4.5 million investment from capital growth investors BGF. Founded in 2018 by CEO Colin Frame, Stellar Omada specialises in digital transformation, testing services and programme delivery for clients in the financial

An Aberdeenshire nature education and outdoor experience business has successfully expanded its service offering after the business owner received support and funding advice from Business Gateway. Located in Braemar, Aberdeenshire, in the heart of the Cairngorm National Park of Scotland, Wild Braema

Sensor specialist startup Neuranics has secured a £1.9 million investment led by Par Equity. GU Holdings Ltd, the investment company for the University of Glasgow, Old College Capital, the University of Edinburgh’s venture investment fund, and London-based Creator Fund, who back scientif

Complete Weed Control, a Scottish specialist in weed control, ground maintenance, and tree management, has reported stellar growth, posting record sales of £2.75 million up to 31 May, a substantial increase from £2m the previous year. The company, now based in a newly-acquired headquarte

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,