Business

AMTE Power, a manufacturer of battery cells in Thurso, has appointed Alan Hollis to the board. Mr Hollis will initially work alongside the AMTE Power executive management team and it is the intention of the AMTE Power Board that he will take on the role of CEO on or around Monday 31 October 2022, to

First Bus has agreed to sell its Scotland East business and all its routes in the area to McGill’s Group. The sale, which will be finalised on 19 September, includes all First Bus depots in Livingston, Larbert, Bannockburn and Balfron, as well as the Edinburgh open-top bus operation Bright Bus

STV has posted pre-tax profits of £10.6 million for the first six months ending 30 June, a 25% increase from £8.5m for the same period last year. Its interim report shows a healthy financial position and positive outlook for H2. Revenues grew 3% to £62.1m (£60.3m H1 2022), an

BT has announced that it has been awarded a multi-million-pound contract by ScottishPower to strengthen the connectivity throughout its network of wind farms and offices. The partnership will see BT deliver a wide range of robust connectivity solutions to ScottishPower, by securely connecting their

Michelle Elliot and Stuart Robb, partners with FRP Advisory, have been appointed joint administrators at Livingston-based contractor NRS UK (Noel Regan & Sons) after the firm succumbed to spiralling supply chain costs and fixed price contract issues. The company provides construction,

A Buckie developer's plans to transform a disused site in Moray and open a trampoline park next summer are on track after receiving £200,000 investment from Highlands and Islands Enterprise (HIE).

Top row R - L: Vicki Rennie (Office administrator), Imogen Young (Senior Ecologist and Director), Paul Young (Principal Ecologist, Director and Trustee) and Diana Gilbert (Trustee) Bottom row: Michael Pedder and Isla Macleod (Senior Ecologists)

Glasgow printer McAllister Litho Glasgow (MLG) has announced a planned financial package worth £3,500 over the next seven months to help staff meet rocketing fuel bills during the coming winter. MLG's director, Brian McAllister, said: “It will be some relief to a lot of people who a

Frasers Property has secured three new lettings at the biggest speculative new build scheme at Hillington Park in a deal worth £14 million. The West 100 & 200 development, on the site of the former Rolls-Royce factory, brought 132,774 sq ft of modern industrial and logistics accommodation

Scottish electric vehicle (EV) charging firm Trojan Energy has announced plans to expand its operations and workforce after securing £9 million in funding from the Scottish National Investment Bank. The Aberdeen-based business specialises in flat-and-flush vehicle charge points which remove th

Loganair has launched a new route offering direct flights from Aberdeen to Oslo. Currently the largest provider of flights at Aberdeen Airport, Logan air is now offering six flights per week to Oslo Gardermoen Airport from Sunday-Friday, with fares starting from £79 one-way. Ticket prices incl

Cleantech start-up Penrhos Bio has secured a £1 million investment with the support of St Andrews-based impact investment firm Eos Advisory. The investment will accelerate the commercialisation of its patented platform technology, RemoraTM, developed in collaboration with Unilever, that protec

As inflation reaches 10.1% in the UK, mid-sized business leaders in Scotland are bracing for the impact of further financial strain, with more than 1 in 4 respondents to Grant Thornton UK LLP’s August Business Outlook Tracker saying they would not have sufficient working capital to manage infl

BrewDog has announced the closure of six of its pubs, three of which are in Scotland. The decision comes just after the Scottish craft beer company opened up its biggest bar in London's Waterloo two weeks ago.

The Edinburgh-based Scottish Investment Trust has officially merged with JP Morgan Global Growth and Income (JGGI) in a move that will create a fund with assets in excess of £1.3 billion. The merger was announced in October last year.