Business

In the UK, growth momentum is expected to slow during the course of 2022 as the impact of the cost of living crisis is felt while overall growth in the UK for 2022 could reach 3.9%, before slowing to 1.1% in 2023, according to the latest KPMG Global Economic Outlook. Consumer spending is expected to

Scottish healthy soft drinks company Bon Accord has signed a new deal to supply its naturally sweetened range to Morrisons supermarkets across Scotland. A selection of the best-selling Bon Accord lines were launched into Morrisons Arbroath store at the end of 2021 and, following the success of this

Economy secretary Kate Forbes met with leading entrepreneurs and innovators in Glasgow to discuss working together to deliver the entrepreneurial ambitions of the National Strategy for Economic Transformation. In the first of a series of industry roundtables, discussions focused on the entrepreneuri

HFD Group has been named property company of the year in the Scottish Property Awards, with its flagship project, 177 Bothwell Street, also picking up the title of development of the year. The company was commended by the judges for a series of achievements over the past year, including more than 25

UHI Shetland has secured £185,000 investment from Highlands and Islands Enterprise (HIE) to purchase a high-tech piece of equipment known as an Imaging FlowCytobot (IFCB). The IFCB can scan water samples for phytoplankton (micro-algae) using flow cytometry, lasers and cameras. It then beams th

Scotland’s growth forecast for 2022 has been revised down due to the impacts of cost increases on consumers and businesses – issues that are being exacerbated by uncertainties caused by the war in Ukraine, according to the latest quarterly Economic Commentary from the Fraser of Allander

Aberdeen-based OSSO, the specialist fluid temperature control and separation solutions provider, has announced its strategic expansion into the construction market with the opening of its new operating facility in Warwickshire and launch of new specialist products for the sector.

Scotgold Resources, the gold exploration and production company focused on Scotland, has signalled its ambitions for further growth as the firm posted revenues of £3.65 million for the six months to 31 December 2021. The firm, which has been focused on the Conoish mine in Tyndrum, reported no

Business rates for retailers as well as hospitality and leisure premises in Scotland are being reinstated from tomorrow, at a rate which has been labelled by the Scottish Retail Consortium (SRC) as an "onerous" 23-year high.

Ogilvie Construction has opened a new office in Aberdeen as part of a programme of investment to continue to grow its business in the north east of Scotland.

Highland-based Caley Timber and Building Supplies has laid the foundations for further success and guaranteed the future of more than 20 jobs with a switch to employee ownership. Caley Timber and Building Supplies was established by Donald John Morrison in 2003, and with depots in Inverness and Uist

Smaller businesses in Scotland have the greatest understanding of the language and information on emissions and green issues in the UK, according to a new study commissioned by the British Business Bank. Only around two-fifths (39%) of Scottish respondents said they felt the language, terminology an

A new initiative has been launched to support young entrepreneurs in Scotland who are thinking of setting-up companies with a social or environmental purpose. The Inclusive Business Models Project draws together case studies from a variety of Scottish business leaders who have chosen to divert from

Glasgow-based fintech Guiide has appointed Michael Power, former CEO of Delta Financial Systems Ltd, as its new non-executive chairman. Having previously founded, grown, and scaled up Delta Financial Systems from a startup to its sale in 2020 to ASX-listed Bravura Solutions, Mr Power's expertise in

Aberdeen-headquartered developer and operator of environmental technology solutions SEM has announced the appointment of Adrian Morley as its new chief financial officer (CFO), as the business is poised for significant global growth. Adrian Morley will play a critical role in ensuring that the busin