Business

The latest Royal Bank of Scotland PMI data indicated a softer expansion of private sector output across Scotland in May, with the seasonally adjusted headline Royal Bank of Scotland Business Activity Index falling from 58.9 in April to a three-month low of 55.9 in May. Slower increases in output wer

Scottish tech firm Earth Blox has secured £1.5 million funding from Archangels to expand its global reach and further develop its no-code Earth Observation (EO) cloud-based SaaS. Earth Blox enables users to create customised insights from satellite and geospatial data in a straightforward way

Eden Mill St Andrews has entered a new partnership arrangement with the Lawn Tennis Association, the National Governing Body of tennis for Great Britain. Under the four-year deal, the distiller will become the Official Spirit of British Tennis. The Queen’s Club Championships begin today, and t

Eight new members have been appointed to an advisory group, with the aim of growing Scotland’s exports and delivering on the objectives of ‘A Trading Nation’ (ATN), the new group will meet for the first time today. The new members of the board are:

Danu Robotics, a University of Edinburgh spin-out, has secured £75,000 in grant funding after taking honours at this year's Scottish Edge Awards. The company focusses on developing sustainable technological solutions for the benefit of the environment. The firm was founded by Xiaoyan Ma.

Female-powered businesses are attracting an increasingly large amount of equity investment – a record £5.05 billion in 2021 – but female founders are more vulnerable to the dilutive effect of equity funding than their male counterparts, according to J.P. Morgan Private Bank. The ba

Business confidence in Scotland rose 14 points during May to 42%, the highest reading since June 2021, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down three point

Scotland outpaced both the UK and Europe last year by securing 122 inward investment projects - up 14% on 2020 results - and is polling at record levels among investors who consider Scotland to be the UK’s top foreign direct investment (FDI) location, according to EY’s latest Scotland A

Savills has been instructed to bring Livingston’s Almondvale West Retail Park to the market at a guide price in excess of £19.125 million, reflecting a net initial yield of 7.75%.

Two Scottish law firms Drummond Miller and Peacock Johnston have merged. The 11-strong Peacock Johnston team – six lawyers and five other staff – will join the Glasgow office of Drummond Miller, which has 14 partners and 100 other employees across five offices, including headquarter

Over three fifths (68%) of small and medium-sized businesses (SMEs) in Scotland are expecting to see revenues rise this quarter when compared to the same period last year, according to the latest quarterly Barclays SME Barometer. On average, Scottish SMEs expect to see a 10.4% rise between the month

Nearly 12,000 new businesses have been set up in Scotland since the start of the year, according to new research from insolvency and restructuring trade body R3. R3’s figures, which are based on an analysis of data provided by Creditsafe, reveal that 11,783 new businesses were set up in the na

Highlands and Islands Enterprise (HIE) has partnered with Scottish Development International (SDI) and the Department for International Trade (DIT) to launch a global initiative to attract overseas manufacturing companies of scale to ports in the Cromarty and Moray Firths. The main target of this in

Employment tribunals involving menopause have increased by 44% year on year, according to an analysis of court records by Menopause Experts Group in its annual The Trials Of Menopause Report. There were 23 employment tribunals referencing menopause in 2021, compared to 16 in the previous year. &lsqu

AAB, the tech-enabled business-critical services group, has announced the launch of its new branding, as it continues to implement bold growth plans. Driven by a desire to provide clarity and consistency as the group continues to grow and innovate, the rebrand will also position AAB for future growt