Business

Beeks Financial Cloud Group, a Scottish provider of cloud computing and analytics for capital markets and financial services, has reported monthly recurring revenue of over £19.3m, growth of 40% on the prior year and confirmed a deal with US firm, ICE Global Network (ICE). Following the a

Frasers Group is set to rejoin the FTSE 100 tomorrow after defence firm Meggitt was sold to a US rival.

TLT has helped secure a premises licence for the first ever dedicated rum distillery on the island of Islay. Partner and head of licensing (Scotland), Stephen McGowan, appeared at the Argyll & Bute Licensing Board hearing on 8 September 2022 to secure the licence for Islay Rum – a new dist

Aberdeen-headquartered, global energy sector mechanical engineering company, EnerMech has opened its first facility in Ireland, investing €9.2 million (£8m) and creating approximately 170 jobs opportunities over the next three years. The base cements the integrated solutions speciali

Left to right: Invest2Scale partners Michelle Lownie, CEO & founding director of Eden Scott; Stuart Hendry, senior partner & founder at MBM Commercial; Alan Donald, development manager at Angel Capital Scotland; and Neil Norman, partner and head of entrepreneurial tax at Chiene + Tait A new

Accounting and business advice firm Wylie & Bisset has advised hospitality sector operators to plan and project to survive or exit a perfect storm of increasing energy bills just as winter approaches, higher supply and staffing costs, and inflation resulting in a fall-off in consumer spending. W

Todd Fish Tech, an innovative shellfish storage systems business, has expanded its existing premises in Dalgety Bay with the support of InvestFife and Business Gateway. Established by husband and wife team, Errin and Keith Todd, Todd Fish Tech are a manufacturing business producing their patented lo

Kilwinning-based Shuttle Buses has become employee-owned, giving all 70 employees a stake in the business as the current managing director plans for his eventual retirement.

New data from the Office for National Statistics (ONS) has shown a recent slowdown in monthly mergers and acquisitions (M&A) activity, as domestic M&A deals were valued at £2.9 billion for Q2 2022 - £0.9bn less than Q1 (£3.9bn). Data suggests M&A activity has been

Figures compiled by Highlands and Islands Enterprise (HIE) have shown that businesses and communities supported by the agency achieved a strong performance in 2021/22 despite considerable economic disruption and uncertainty. Investments during the year supported businesses and social enterprises to

AMTE Power, a manufacturer of battery cells in Thurso, has appointed Alan Hollis to the board. Mr Hollis will initially work alongside the AMTE Power executive management team and it is the intention of the AMTE Power Board that he will take on the role of CEO on or around Monday 31 October 2022, to

First Bus has agreed to sell its Scotland East business and all its routes in the area to McGill’s Group. The sale, which will be finalised on 19 September, includes all First Bus depots in Livingston, Larbert, Bannockburn and Balfron, as well as the Edinburgh open-top bus operation Bright Bus

STV has posted pre-tax profits of £10.6 million for the first six months ending 30 June, a 25% increase from £8.5m for the same period last year. Its interim report shows a healthy financial position and positive outlook for H2. Revenues grew 3% to £62.1m (£60.3m H1 2022), an

BT has announced that it has been awarded a multi-million-pound contract by ScottishPower to strengthen the connectivity throughout its network of wind farms and offices. The partnership will see BT deliver a wide range of robust connectivity solutions to ScottishPower, by securely connecting their

Michelle Elliot and Stuart Robb, partners with FRP Advisory, have been appointed joint administrators at Livingston-based contractor NRS UK (Noel Regan & Sons) after the firm succumbed to spiralling supply chain costs and fixed price contract issues. The company provides construction,