Business

UK speciality bakery manufacturer Finsbury Food Group Plc has acquired North Lanarkshire-based Lees Foods Limited in a deal worth £5.7 million. Established in 1931, Lees employs more than 200 staff at its site in Coatbridge, Scotland. Lees has a large UK market position in the manufacture of m

Making up a critical part of the rural economy, social enterprises have contributed £197 million in the Highlands and Islands — up £32m since 2019.

Country fashion retailer The House of Bruar is set to expand its online retail operation with a £2 million investment. According to the company's managing director, Patrick Birkbeck, online sales have grown "exponentially" since the COVID-19 pandemic began. Despite concerns about a slowdown in

The vast majority of businesses in the Highlands and Islands have taken action to support their employees in response to the cost crisis, according to Scotland’s latest Rural Business Survey commissioned by Highlands and Islands Enterprise (HIE), South of Scotland Enterprise, and the Scottish

A Shetland knitwear firm, Jamieson's Spinning, has completed a project to increase capacity and productivity by using innovative technology.

Experts in industrial cleaning and emergency response for the global energy industry, NRC UK has been bought over by two long-term industry senior executives for an undisclosed sum. The buyout has been hailed by its managing director as a landmark in the company’s growth which will with immedi

Global IT firm transACT Technology Solutions is set to create 20 new jobs in Glasgow after the firm established its Scottish headquarters in the city. The move comes as part of an international expansion for the London-based firm, which celebrates its 10th anniversary this year.

The Port of Grangemouth, Scotland’s largest freight hub, has delivered an abundant ‘tattie’ season with 65,000 tonnes of seed potato exported around the globe from Grangemouth. The busy container terminal grew annual volumes with 150,000 containers moving through the port in 2022.

BDO’s Scottish corporate finance team has advised on 39 completed deals in 2022 with a total value of £1.9 billion. The deals were across a variety of sectors including technology, support services, real estate and healthcare, with private equity transactions a significant feature&n

Two Scottish companies have joined the British Business Bank's Future Fund, revealed by the published list of 53 additional companies in which the bank holds an equity stake, taking the total to 515 as at end of December 2022. Companies in which Future Fund is now a shareholder include Edinburgh-bas

In a statement of objections issued today, the Financial Conduct Authority (FCA) alleged that Dollar East (International Travel & Money Transfer) Ltd, Hafiz Bros Travel & Money Transfer Limited, and LCC Trans-Sending Limited (including its parent company Small World Financial Services Group

Last year some of Scotland's most promising businesses received £705 million of venture capital (VC) investment, the largest amount on record, according to KPMG’s latest Venture Pulse Survey.

A gardening startup has become the latest winner in this season’s Dragon’s Den using the latest in compostable packaging innovation from Glasgow-based Cullen Eco-Friendly Packaging.

After conducting a nine-month trial of a four-day working week, the Scottish Business Resilience Centre (SBRC) has made the new working schedule official, having seen no loss of productivity and a significant improvement in company culture and staff morale. Managers at the non-profit organisation ba

Dunglass Estate has seen a 75% increase in weddings in 2022 compared to 2021 and is receiving 39% more enquires this month compared to last year, following the completion of a £780,000 renovation.