Business

According to a survey by Choice Quote, 17% of motor trade employers in Scotland have already let staff go, with a further 58% considering making cuts to their staff before the end of the year, a further 42% are planning to lay off workers by the end of 2022. Of those surveyed, increased petrol price

Bathgate-headquartered baggage courier firm Eagle Aviation has landed a major acquisition that will now see it cover the majority of airline contracts at Heathrow as it consolidates its UK market dominance. Eagle Aviation has purchased the business and assets of Groundcare Solutions (UK) Ltd, a Lond

Dundee-based sustainable cleaning product manufacturer and supplier, Ecoanolytes, trading as Dew, has secured six-figure investment, supported by Thorntons’ specialist high growth team. The funding, worth £400,000, will enable the business to progress its ambitious growth plans following

Livingston Building Services Limited (LBS), a specialist in mechanical and electrical engineering services, which operated from sites in Livingston and Glasgow, has reported exceptional growth in the last year, tripling its turnover and forecasting continued development into 2023. Turnover for the l

An in-depth ‘barometer survey’ of tourism and hospitality businesses in the South of Scotland has painted a concerning picture of the difficulties many operators face in a worsening national and global economic climate, with one describing the cost of living crisis as "much, much bigger

Dunnet Bay Distillers Ltd is set to expand after having secured funding up to £180,200 from Highlands and Islands Enterprise (HIE) for the project. The Caithness distillery, owned by local husband and wife team, Claire and Martin Murray, started trading in 2014 after building a small gin

Keane Premier Group, the Lanarkshire-based care provider, has expanded its portfolio by completing the purchase of Kingsgate Care Home, after receiving a loan from Barclays of £1.2 million. The funding from Barclays will support the acquisition of the 60-bed care home, based in South Lanarkshi

A new survey from ACCA UK (the Association of Chartered Certified Accountants)  and The Corporate Finance Network (The CFN) has revealed that a staggering 79% of SMEs believe the current energy support package for businesses is insufficient.  The SME Tracker contextualises the ongoing

A 10-person cohort of Scottish entrepreneurs selected to travel to Helsinki, Finland next month for a programme of activities including attendance at the Finnish capital’s annual Slush tech conference has been announced. The 10-person cohort selected is: Christian Arno of Pawprint; Cally Russe

Wylie & Bisset has called on business owners to adapt quickly to market forces and adopt automation to help meet the challenges of the economic headwinds this winter. With record high inflation, soaring energy prices, and political instability all having a detrimental impact on SMEs, preparing a

A planning application has been submitted for a new Scotch whisky distillery at Portavadie on the Cowal Peninsula in Argyll and Bute. The new whisky distillery will produce high quality single malt whisky, there will also be a visitors center to take in the beauty of the surroundings. The distillery

Knight Property Group has secured a new tenant for its prime retail offering at 67 George Street, in the heart of Edinburgh city centre. The Cambridge Satchel Company is relocating from an existing store on George Street and has agreed a ten-year lease on the 1,436 sq ft retail unit, which is arrang

Occupier and investor demand for commercial property in Scotland fell further, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor. The survey points to a weakening in the market as the prospect of further interest rate rises weigh heavily on the outlo

Scotland’s first dedicated horror entertainment business of its kind has successfully grown and sought out new business opportunities after working with Business Gateway. Northern Frights was founded in 2022 by Laura Ripley after she left a 14-year career in oil and gas.

Paul Williamson of Selling My Business, a Begbies Traynor affiliate company, runs through all that’s required when preparing a business sale in the run-up to retirement, appointing an advisor, valuing a business and timing the sale of the business. Business owners approaching retirement will n