Business

Michelin Scotland Innovation Parc (MSIP) has announced OTG Ltd as the latest company to locate to the business park. MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, a new initiative in Dundee for sustainable mobility and decarbonisation, which aims to drive growt

Fast-growth businesses in Scotland attracted over half a billion pounds of venture capital (VC) investment in the first half of 2022, according to the latest figures from KPMG UK. Despite investors becoming more cautious globally, there were 45 investments completed in Q2 2022, raising over &po

Customs consultancy firm Charlton House has been acquired by tech-enabled, business-critical services group AAB. Charlton House provides customs duty advice and compliance services to a wide range of businesses on all aspects of the customs’ supply chain and has a particular emphasis on custom

Global wealth management firm Investec Wealth & Investment has announced that it will acquire Edinburgh-based wealth management company Murray Asset Management for an undisclosed sum. The acquisition of the firm, which will see the transfer of the 20-strong team of staff at Murray Asset Manageme

Diageo's interim results reported an 18.4% rise in pre-tax profit to £4.4 billion and net sales reached £15.5bn for H1. The growth in profit and sales is largely attributed to price increases and to consumers shifting away from wine and beer opting to buy more premium spirits -

Brechin-based Angus 3D Solutions Ltd is investing more than £165,000 in new people, equipment and bigger premises to enable it to achieve turnover growth of over 20%. The firm, led by manufacturing veteran Andy Simpson, has started implementing its new growth plan with its first apprentice, 18

New research from Barclaycard Payments has found that cost of living increases are set to impact Business-to-Business (B2B) subscriptions in the UK as nearly half (49%) are considering reducing the number of services they subscribe to, as they tackle rising costs.

Business confidence in Scotland fell 11 points during July to 16%, according to Bank of Scotland's latest Business Barometer survey. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 17 points at 32%. When taken alongside their optimism in the econo

Battery cell manufacturer AMTE Power has selected Dundee as the preferred site for its first MegaFactory in a boost to the UK’s ambitions to produce homegrown battery cells for a net zero society. The new factory will directly create up to 215 high skilled on-site jobs and 800 more across

Knight Property Group has secured Mermaid Subsea Services (UK) Ltd, part of Mermaid Group as its new office tenant for Pavilion 11 at Kingshill Park in Westhill, Aberdeenshire.

Dumfries-based Smart Green Shipping, a systems design and engineering company, aims to lead global shipping’s green transition through a unique industry collaboration with Malin, Drax and the shipping sector with targets to reduce greenhouse gas and fuel costs by at least 20% via high tech sa

Virgin Money has launched a new online service to help with running and management of small businesses. Following on from the launch of M-Track earlier this year, 'Marketplace' is the next step in the ecosystem that Virgin Money is developing, offering digital services to help customers run their bu

ScottishPower has announced its biggest ever recruitment drive, with at least 1,000 new jobs to be filled in the next 12 months.

Edinburgh-based brewery Vault City has hailed a new deal with supermarket giant Morrison’s as a ‘major milestone’ for the business. The nationwide deal will see Morrisons stock two new and exclusive product lines from the firm across its 497 stores across the UK.

One of the largest financial advice networks in Northern Ireland, Milecross Financial has announced a £1.5 million investment to further expand their operations across Scotland through several key acquisitions and partnerships in Glasgow, South Lanarkshire and Aberdeen. This latest move furthe