Business

Sandy Merson, Group Head of Operations and Maintenance at Petrofac (L) and Alan McQuade, Group Managing Director, ICR (R) Bridge of Don-based ICR Integrity (ICR), global provider of specialist repair, inspection and integrity solutions, has announced the re-award of their Master Service Agreement (M

Invoice finance provider Bibby Financial Services (BFS) has made available more funding for Scotland’s small and medium sized enterprises in 2022 as part of its growth strategy. Debts factored – the total funded turnover of BFS clients in Scotland – grew by 12% to £382 millio

UK-wide tanning salon chain Indigo Sun has reported record results with a turnover of over £26 million and nearly £5.6m pre-tax profit in its latest financial year ending September 2022. The family-owned Scottish business has seen both turnover and profits double on the previous financia

The Smart Things Accelerator Centre (STAC), Scottish internet of things (IoT) accelerator, has inked a partnership with Glasgow-based wealth management specialist Murphy Wealth to address an increasing funding gap for Scottish early stage tech startups, and ensure experienced talent is in place to b

Wood Group's share price has been given a boost after the Aberdeen-based firm rejected three preliminary takeover proposals from US private equity firm Apollo Global Management.

M&A volume in Scotland last year rose by 10.7% to 446 announced deals, up from 403 in 2021, with a total deal value of £24.8 billion, the latest Experian United Kingdom and Republic of Ireland M&A Review shows. The value of deals was 22% higher than the previous year.

The latest Confederation of British Industry’s (CBI) employment trends survey revealed three-quarters of UK business are struck by labour shortages, while an Open University study found 70% of Scottish companies are struggling to recruit workers with the right skill set. Combined with the natu

DirectID, an Edinburgh-based global fintech, announced that Ingka Investments, the investments arm of IKEA holding company Ingka Group, has made a €9 million (£7.9m) minority investment in the company. The firm specialises in credit risk, risk analytics and predictive modelling,

Glasgow-headquartered Macfarlane Group has seen profits before tax from continuing operations reach £19.9 million in 2022, marking a 7% increase from the year before. According to the group's annual results, revenue from continuing operations grew by 10% versus 2021 to £290.4m.

Topolytics, a waste data analytics platform, has secured £1.5 million in funding, enabling the business to launch its WasteMap solution and extend the business commercially with new and renewed contract wins in 2023. The money comes from high-net worth investors, and a grant from UK Research a

The topping out of Michelin Scotland Innovation Parc’s (MSIP) flagship Innovation Hub has taken place in Dundee yesterday.

A new veterinary practice has opened its doors in Fife after securing a loan from Royal Bank of Scotland. Owned by husband-and-wife duo, Hannah and Bruce McKerrow, 3 Bridges Vets provides services and treatments for a wide range of pets and farm animals, from hamsters to horses.

The team behind the Port of Leith Distillery has announced plans to create more than 50 local jobs as the towering Leith landmark prepares to open this summer.

The business team at Blackadders has helped steer through the sale of online activity booking site ClassForKids. ClassForKids, the Glasgow-based site which is used by more than 3,000 kids’ activity clubs to help parents and owners save time and money, has been sold to The Access Group, a provi

Macdonald Henderson has advised Opulus in joining forces with Wylie & Bisset and on a £10 million growth capital facility to support further expansion plans of the enlarged group provided by SME Capital. Macdonald Henderson’s advisory team was led by David Beveridge and Ryan Macready