Business

ScaleupScotland2.0, a new programme, has been announced which will provide strategic support to Scotland’s high growth, scaling companies. The programme is seeking high growth companies with the potential to achieve over £100 million turnover, and aims to raise ambition and support

Business confidence in the UK has fallen in the last quarter as companies struggle with the rising cost of doing business, a survey of chartered accountants by The Institute of Chartered Accountants in England and Wales (ICAEW) has found. Business confidence has slumped to its lowest level since the

More than two thirds (63%) of Scottish small and medium-sized enterprises (SMEs) saw revenue increases in the second quarter of this year against 2021, compared to 55% UK wide, according to the latest quarterly Barclays SME Barometer.

Farmers across the UK have seen the costs of running their businesses soar over the past 12 months, with new research from NatWest revealing that 99% have seen at least one routine expense rise above the general UK CPI inflation rate of 9%.

The Scottish Inward Investment Catalyst Fund has awarded a further £40,000 to strengthen ties between businesses based outside Scotland and Scottish universities. Four companies, headquartered in the U.S., Finland and England, will collaborate with a range of Scottish universities with a view

Sodexo, the facilities management and food services provider, has relocated its Aberdeen offshore support base operation to Denmore Industrial Estate.

Wood Group has posted a $89 million (c.£76m) profit for the six months ended 30 June 2022, up from an $11m (c.£9m) loss for the same period last year. The group's H1 2022 revenue has fallen marginally by 0.4% to $2.56bn (c.£2.17bn) from $2.57bn (c.£2.18) in H1 2021. However,

A Stirling glassmaking firm has secured a £500,000 order to supply its whisky-based gifts to duty free outlets across Asia. The company, Angel's Share Glass, has signed a three-year deal with Chinese importers Hainan Silverwing International to produce their giftware range – including th

The new Prime Minister’s inbox may well overflow with priorities, but the latest research from Grant Thornton finds that Scotland’s business community sees Levelling Up and boosting investment in Scotland as vitally important. The policy agenda, the most recent take on decades of debate

Crunchy Carrots, a specialist digital marketing firm has achieved net-zero status after the founder and managing director received advice, support, and signposting to funding worth over £14,000 from Business Gateway and DigitalBoost, Scotland’s national digital upskilling programme. Crun

Cineworld has responded to speculation that the company is filing for bankruptcy in the US saying it is considering the option.

James Hobson, the chief financial officer of battery cell manufacturer AMTE Power, is considering leaving his post after he was approached for a new role.

Twelve young innovative companies have been successful in applying to take part in Michelin Scotland Innovation Parc’s (MSIP) accelerator programme. MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, is an Innovation Parc in Dundee for sustainable mobility and

Burness Paull has announced an all-staff bonus of either five per cent of salary or £2,500 — whichever is higher — after recording a seven per cent increase in profit to £35.7 million in the year ended 31 July. The independent law firm announced the special bonus, which is in

East Kilbride-based business software company Eureka Solutions has notched up a 15% increase in turnover following a restructuring of its cloud software business. The firm saw turnover reach £5.25m in its latest financial year, a significant jump on the preceding year’s £4.8m, whic