Business

A new Orkney whisky venture has revealed construction plans for an £800,000 distillery, the first to open on the Orkney mainland in 138 years. Run by husband and wife, Stuart and Adelle Brown, Deerness Distillery is already producing a number of Orkney-inspired spirits — includ

Real estate advisor CBRE has announced it has taken full occupation of its new Glasgow office at 177 Bothwell Street in Glasgow’s city centre. Almost 400 CBRE staff have relocated to the new location including the advisory services team, the property management accounting team and the global w

Tanning salon chain Indigo Sun has opened its latest hi-tech salon in Huddersfield, following a £350,000 investment as part of the firm’s UK-wide expansion following a brand refresh, creating eight new jobs. It is part of an expansion plan and marks Indigo Sun’s fourth salon i

A type of relaxation therapy popular among A-list celebrities has arrived in Glasgow with the opening of the city’s first floatation spa — Float One. Launched by an entrepreneurial couple, Alex Robertson and Mhairi Caulfield, the centre will house four state-of-the-art floatation po

Specialist lender Together has provided a loan of £400,000 to a family-run developer to convert a former guesthouse into boutique holiday apartments in Aviemore. The development in Grampian Road, will create 10 luxury, self-catering rooms for visitors in one building, with another 11 rooms in

R&D tax credit specialist ZLX Business Solutions has opened a new office in Aberdeen to tap into growth opportunities in the Granite City. The company is now seeking to hire three new staff at its new location, which it considers a “key strategic area” with a focus on rising dem

Lyon & Turnbull, the Edinburgh-based auction house, reported a profit of £2.43 million for the year ended 31 July 2022, up from £1.73m the previous year, as turnover surged 22.8% to more than £8m. Managing director Gavin Strang attributed the growth to the company's expansion,

Ayrshire-headquartered construction, property and investment business Edison Group has acquired Crown Architectural Systems. Crown Architectural Systems is a north-east of England-based company which operates from a 6500 sq. ft facility in the City of Sunderland district of Tyne and Wear, and e

Foras has selected a 14-person cohort of Scottish entrepreneurs for next month’s programme of activities in New York, including visits to global accelerator Techstars and CRM specialist Zendesk. Leah Hutcheon of Appointedd, Rowan Armstrong of Bioliberty, Ishani Malhotra of Carcinotech, Kate Ca

Frasers Group, owned by billionaire Mike Ashley, has acquired Dundee's Overgate Shopping Centre in a deal estimated to be worth £30 million.

A Scotland-only business rates surcharge is set to cost firms a cumulative £180 million over the next three years, the Scottish Retail Consortium (SRC) has warned.

Level E Research secured a minority stake investment from M&G plc in its latest seed funding round and will partner with the company to develop a suite of artificial intelligence (AI) investment strategies. The strategies will focus on regional equity markets with each one supported by an initia

Glasgow-based This is Milk has announced it is seeking a £1 million investment for its 'neurodiverse first' online learning platform, Neve which will meet the needs of people with learning challenges such as dyslexia, dyspraxia, attention deficit disorder or attention deficit hyperactivity dis

Phil Prentice, the chief officer of Scotland’s Towns Partnership (STP), is stepping back from his role after eight-and-a-half years. Mr Prentice will complete his current job at the end of this month to pursue other interests in place-making. He will, however, remain involved with STP as a par

Scottish underground energy storage firm Gravitricity has signed a collaboration agreement with Czech electricity flexibility aggregator Nano Energies to develop commercial routes to market for their gravity storage technology. Last month the Edinburgh storage pioneer unveiled plans to transform the