Business

Equity investment levels in Scotland’s smaller businesses continued to rise during the first half of 2022, despite well-publicised economic headwinds, according to new research published as part of the British Business Bank’s annual Nations and Regions Tracker. A total of £411 mill

Scottish biscuit manufacturer and brand Tunnock's has reported a £5 million rise in profits with turnover reaching £72m, in its latest accounts for the year ended 26 February 2022. The growth in profits show a healthy recovery from pandemic lows as pre-tax profits were £254,988 in

Global corporation Marubeni Europower Limited has advanced its net zero collaboration in Scotland following the opening of its first office in Glasgow. The investment in new premises will allow the company to drive forward its work to support Scotland’s journey to net zero and follows a Memora

Investment into Scottish commercial real estate saw a significant slowdown in the third quarter of 2022, with just £200 million transacted according to Colliers, in its latest Scotland Snapshot.

A group of Scottish-based female company founders will be heading west to California later this month to attend a five-day, market-building trade mission. Supported by Scottish Government, the event takes place from 28 November to 2 December and is led by AccelerateHER, working in partnership with G

A new fund has been launched to support communities to register an early interest to be able to obtain first option to buy land or buildings being offered for sale. Highlands and Islands Enterprise (HIE), which already administers the Scottish Land Fund across the country on behalf of Scottish Gover

Senior leaders across Scotland’s private, public, academic and third sectors gathered at the University of Glasgow yesterday to discuss and commit to practical actions their sectors and organisations can take to contribute to sustainable, inclusive economic growth. Hosted by Deloitte and suppo

Scottish workplace design and management consultancy, Space Solutions, has achieved successful growth for the year ended 30 June 2022 with an increase in turnover of 42% to £43 million. The firm’s year end profit was also strengthened at £1.65m, against £0.38m in 2021. The st

Jerba Campervans, a campervan conversion specialist, has received recognition for ethical tax conduct for the third year running. The firm remains the only automotive business to have been awarded the esteemed Fair Tax Mark accreditation – continuing to pave the way for others in its sector.

Aberdeen firm ASCO has secured four new contracts worth over £10 million for its NORM decontamination and disposal services. The multi-year contracts won by NORM Solutions, part of ASCO's environmental service division, are with four operators to provide safe management and decontamination of

Scottish tidal energy firm QED Naval has secured over £1.5 million of funding with over 1,100 investors participating in a Seedrs campaign. Further investment was provided by Kelvin Capital, whose members have supported the business from an early stage. Scottish Enterprise awarded match fundin

Perth-based energy company SSE has reported a 221% jump in adjusted pre-tax profits year on year in the six months to the end of September reaching £559 million as energy prices across the UK continued to increase this year. Energy firms have increasingly come under fire from the British publi

Aosdàna, a jewellery design and manufacturing business based in Iona, is successfully developing its online presence and is set to expand into international markets after receiving advice, support, and signposting to funding from Business Gateway. Aosdàna designs and manufactures conte

Clark Contracts has secured over £30 million in new orders in October, a record month for the Paisley-based contractor. The new orders include the £8m design and build of a new industrial unit within Belgrave Logistics Park in Bellshill for Knight Property Group.

Glasgow-based hotel owner and developer, Molo Hotel Group, has this week completed the acquisition of the Hotel Alexandra, Rome. The Hotel Alexandra is Molo’s first acquisition in Continental Europe, following last years’ purchase of the Manchebo Beach Resort and Spa in Aruba adding to t