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
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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.
Donald Trump and his accounting firm Mazars USA, have been forced to hand over key financial records to lawmakers as part of a three years investigation into his disclosures and conflicts of interest. Carolyn Maloney, chair of the House Oversight Committee, said: “After numerous court victorie
Scottish footfall decreased by 14.8% in August Year on 3 Years (Yo3Y), 1.7 percentage points better than July, however, this is worse than the UK average decline of 12.4% (Yo3Y).
Two Aberdeen entrepreneurs have secured a £250,000 funding deal from Royal Bank of Scotland to develop cutting-edge robotics and asset inspection solutions for the energy sector through their co-founded business, Innovair Ltd. As a gateway to the North Sea, Aberdeen has long been pivotal in th
Chivas Brothers, the Scotch whisky business of Pernod Ricard, has seen a significant increase in global demand for Scotch, as net sales rose by 25% in the full year ending July 2022. The rise in net sales was derived from both mature markets, which rose by 16% and emerging markets, which saw an incr
Edinburgh-based managed services provider, CompanyNet Ltd has been acquired by Core Technology Systems, a Microsoft cloud managed service partner, for an undisclosed sum.# The acquisition of CompanyNet strengthens Core's technical capability and provides geographic expansion into Scotland, with
Edinburgh-based digital display technology business, Pufferfish, has launched a funding round to raise £600,000 as it prepares to capitalise on a rapidly growing global market for interactive, multi-sensory and immersive experiences. The tech firm is seeking the six-figure sum to expedite its
Iain Baxter, a former senior executive in the whisky industry, has been announced as the new chief executive of industry leadership body, Scotland Food & Drink. With more than 15 years’ experience within Scotch whisky at Glenmorangie, Inver House, International Beverage, and latterly Ian M
Aberdeenshire family-run business Mackie's of Scotland, has recorded a 95% increase in the sales of its fruit-based products resulting in a record-breaking summer for the firm.
Chartered surveyors DM Hall has been appointed selling agent of long-established Isle of Mull Silver and Goldsmith which trades from Main Street, Tobermory.
A £1.9 million project that will create 10 new jobs in Moray over the next three years has secured up to £190,000 from Highlands and Islands Enterprise (HIE). Macduff Shipyard Limited (MSL) is to double the berthing capacity of its facility in Buckie. This will enable the company to take
Fife-based convenience retailer Greens Retail has received a £1.3 million funding package from HSBC UK which has allowed it to its business across Scotland.