One is 11 SME businesses have said their priority for the next three to six months is survival, with 77% rating current government support as "poor". These are two of the key findings from the latest survey by the Association of Practising Accountants (APA). The survey, which collated responses
Business
Chemify, a company specialising in digital chemical technologies, today announced the completion of a funding round worth £36 million. The round was led by Triatomic Capital and supported by investors including Horizon Ventures, Rocketship Ventures, Possible Ventures, Alix Ventures, Scotland-b
Mackie's of Scotland has achieved record sales of more than £20 million in the last financial year. Over the past decade, the Aberdeenshire-based family-owned business more than doubled its ice cream sales, selling over 13.3 million litres in the financial year 2022-23 alone.
Murray Income Trust Plc, a fund managed by abrdn, has declared a fourth interim dividend of 12.75p per Ordinary share for the year ended 30 June 2023 (2022: 11.25p), marking fifty years of dividend increases at the firm. The dividend will be paid to shareholders on 14 September 2023.
Engineering business Martin Precision Ltd has transferred to employee ownership thanks to advice and support from Glasgow-based Consilium Chartered Accountants. A majority shareholding in the third-generation family business - a global player in the manufacture and supply of precision components for
A.G. Barr's chief executive, Roger White, has announced his intention to step down from his position within the next year, marking an end to his over 21-year tenure with the Scottish beverage company. The board of directors will commence a formal succession process, inclusive of an external search,
Dundee And Angus Chamber of Commerce has announced the highly anticipated shortlist for their 2023 Chamber Business Champion Awards, with the winner set to secure the coveted £10,000 STV advertising package. After a rigorous evaluation process, 13 local companies have made the cut to move forw
Business confidence in Scotland fell 18 points during July to 32%, according to the latest Business Barometer from Lloyds Bank Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 11 points at 41%. When taken alongside their optimis
Nevis Range, a highlands mountain range resort, has witnessed its profits surge by 55% following a £1 million investment package from HSBC UK.
New research from the Grant Thornton UK LLP's Business Outlook Tracker has indicated that India is a vital target for international growth among mid-sized Scottish businesses. The study highlights that 36% of Scottish business leaders are planning to expand internationally within the forthcoming six
Scottish businesses have witnessed a surge in confidence, registering in positive territory for the first time in a year, despite the ongoing challenges, according to a survey by ICAEW. The Business Confidence Monitor (BCM) index, published today, rose to +6.4 in the second quarter of 2023, up from
Highlands and Islands Enterprise (HIE) has established a new fund to boost innovation in businesses and social enterprises in Argyll and Bute. HIE set up the Shared Prosperity Fund Argyll Programme after securing £280,000 in funding through Argyll and Bute Council's allocation from the UK Shar
Know-it, the Glasgow-based fintech, has launched on the QuickBooks App Store. Now, QuickBooks users will be able to get the Know-it app directly from the QuickBooks App Store and connect their accounts package to the cloud-based credit management platform.
Emblation, a Scottish health tech firm has partnered with one of the top aesthetic equipment distributors in Singapore to expand the global reach of its innovative microwave device. Since launching Swift in 2016 for the treatment of stubborn skin lesions, Emblation has secured distribution
Dundee-based investment firm Alliance Trust has announced that its investment manager, Willis Towers Watson (WTW), has appointed Dalton Investments LLC (Dalton) as a new Stock Picker for its multi-manager global equity portfolio. Dalton will receive a 4% allocation of capital funded by a r