Business

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.

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