Business

A quarter of small firms (24%) plan to close, downsize, or radically change their business model if the government reduces energy support post-March next year, according to a new Federation of Small Businesses (FSB) energy survey published this week. The survey, which measured the impact of the ener

Hamilton-based specialist operator Asanti Datacentres Limited has acquired five UK data centres from Daisy Group, one of the country’s largest communications and IT services providers. Asanti was recently acquired by Invesis, global investor and developer of infrastructure projects. Invesis ha

Rising energy costs are the biggest concern for a quarter of Scottish businesses this autumn and winter, according to new research by accountancy and business advisory firm BDO. The bi-monthly survey of 500 leaders of medium-sized businesses reveals that a further 22% are worried about business rate

Edinburgh-based payment orchestration provider BR-DGE has announced a new partnership with luxury tour operator Kenwood Travel. The partnership equips Kenwood Travel with the latest payment orchestration technology in order to deliver a first-class, seamless online checkout experience for customers.

Equity investment levels in Scotland’s smaller businesses continued to rise during the first half of 2022, despite well-publicised economic headwinds, according to new research published as part of the British Business Bank’s annual Nations and Regions Tracker. A total of £411 mill

Scottish biscuit manufacturer and brand Tunnock's has reported a £5 million rise in profits with turnover reaching £72m, in its latest accounts for the year ended 26 February 2022. The growth in profits show a healthy recovery from pandemic lows as pre-tax profits were £254,988 in

Global corporation Marubeni Europower Limited has advanced its net zero collaboration in Scotland following the opening of its first office in Glasgow. The investment in new premises will allow the company to drive forward its work to support Scotland’s journey to net zero and follows a Memora

Investment into Scottish commercial real estate saw a significant slowdown in the third quarter of 2022, with just £200 million transacted according to Colliers, in its latest Scotland Snapshot.

A group of Scottish-based female company founders will be heading west to California later this month to attend a five-day, market-building trade mission. Supported by Scottish Government, the event takes place from 28 November to 2 December and is led by AccelerateHER, working in partnership with G

A new fund has been launched to support communities to register an early interest to be able to obtain first option to buy land or buildings being offered for sale. Highlands and Islands Enterprise (HIE), which already administers the Scottish Land Fund across the country on behalf of Scottish Gover

Senior leaders across Scotland’s private, public, academic and third sectors gathered at the University of Glasgow yesterday to discuss and commit to practical actions their sectors and organisations can take to contribute to sustainable, inclusive economic growth. Hosted by Deloitte and suppo

Scottish workplace design and management consultancy, Space Solutions, has achieved successful growth for the year ended 30 June 2022 with an increase in turnover of 42% to £43 million. The firm’s year end profit was also strengthened at £1.65m, against £0.38m in 2021. The st

Jerba Campervans, a campervan conversion specialist, has received recognition for ethical tax conduct for the third year running. The firm remains the only automotive business to have been awarded the esteemed Fair Tax Mark accreditation – continuing to pave the way for others in its sector.

Aberdeen firm ASCO has secured four new contracts worth over £10 million for its NORM decontamination and disposal services. The multi-year contracts won by NORM Solutions, part of ASCO's environmental service division, are with four operators to provide safe management and decontamination of

Scottish tidal energy firm QED Naval has secured over £1.5 million of funding with over 1,100 investors participating in a Seedrs campaign. Further investment was provided by Kelvin Capital, whose members have supported the business from an early stage. Scottish Enterprise awarded match fundin