Business

Archangels, the Edinburgh-based business angel investment syndicate, has appointed Ian Macleod as the new chair of its board. The former investment analyst and fund manager takes over the helm from Eric Young, who has held the position since 2014. Eric will continue to sit on the Archangels board.

Perth-based insurance broker GS Group has acquired Dundee-based Strathtay Insurance Brokers for an undisclosed sum. The Dundee firm, which is based on Clepington Road, was founded in 1974 by Charles Robertson. As a result of the acquisition, his successors Nigel, James and Hannah Robertson will tran

The Alternative Board (TAB), an Aberdeen advisory firm that helps North-east businesses to grow has backed a charity initiative to support start-ups in Kenya. TAB has decided to back the Gathimba Edwards Foundation's (GEF) Two Feet Initiative which enables families to plan, start and run their own b

Corporate finance specialist Dow Schofield Watts has opened a new office in Edinburgh as part of its plans to build its presence in Scotland. The firm, which has an existing office in Aberdeen, is also expanding its services to include fundraising for private equity firms and infrastructure investme

Social enterprise Bute Kitchen has secured £20,000 COVID recovery support from Highlands and Islands Enterprise (HIE) for a project to strengthen skills among the island’s hospitality workforce, explore local markets for food produced on the island and promote the Bute ‘brand&rsquo

Builders’ merchant MKM has further expanded its branch network in Scotland with the purchase of Woodrow Timber & Supplies.

Glasgow-founded convenience store chain McColl's is on the brink of failure, as it company revealed it was "increasingly likely" it would fall into administration unless talks concerning a rescue deal proved successful.

BCI Industrial Services, the quality and inspection services specialist, has relocated to the Energy Development Centre (EDC) on Moorfield Group’s Aberdeen Energy Park in Bridge of Don, in line with the company’s ambitious growth plans. BCI has agreed a five-year lease for Unit 8 of the

Edinburgh-based hospitality tech disruptor ePOS Hybrid is aiming to raise £500,000 in its second seed funding round which will underpin its aggressive future expansion. The firm, which has offices in Edinburgh and London, has seen impressive demand from investors previously, achieving 145% ove

A footcare clinic, Passion for Feet, has successfully launched in Inverness after the business owner received specialist support, advice, and signposting to funding from Business Gateway. Launched in December last year, Passion for Feet cares for the feet of those living in the Scottish Highlands th

Edinburgh-based telecommunications service provider Commsworld has appointed highly-respected and experienced business leader Andy Leitch as its new chief financial officer. He joins the board from M247, where he was chief financial officer of the company, based in Manchester.

The life sciences sector became the most popular destination for equity investment into tech-focussed smaller businesses in Scotland, as the Covid-19 pandemic increased interest in healthcare technology, according to new analysis from the British Business Bank. Using Beauhurst data that tracks equit

Nairn-based timber processing firm Gordon Timber (GT) is set to increase production and company turnover after securing £95,000 from Highlands and Islands Enterprise (HIE), to help pay for the cost of installing new automated equipment for handling materials.

Glasgow-based whisky producer Hunter Laing Holdings has seen turnover rise by over 50% to almost £15.8 million for the year ended April 2021. This is compared to the £5.5m reported in April 2020, marking a £1.2m increase.

Confida FM, an Ayrshire-based business, specialising in commercial facilities management, has grown three-fold after pivoting its business model during the pandemic, thanks to a six-figure funding package from Bank of Scotland.