Business

There are currently 195 employee-owned businesses (EOBs) operating in Scotland, according to new research commissioned by Co-operative Development Scotland (CDS), which is part of Scottish Enterprise. The research has given the clearest picture yet of Scotland’s EOBs and their economic contrib

A significant majority of businesses (68%) expect to be promoting a more regular return to the office by the middle of this year, according to the latest EMEA Occupier Sentiment survey from global real estate advisor CBRE. Nearly a quarter of those surveyed (23%) said the process is already underway

New funding has been made available by the Industrial Biotechnology Innovation Centre (IBioIC) to help grow Scotland’s bio-economy with the latest tranche of its innovation fund now open for proposals.

Business networking organisation BNI Scotland North has announced two new director appointments with Tess Day and Stacy Edghill joining the ranks. Tess Day and Stacy Edghill have been appointed as area directors with responsibility for day-to-day operations. Aberdeen-based Tess Day is owner of

Shires Income plc, a company managed by abrdn, has seen its Net Asset Value (NAV) rise by 11.4% in the year ended March 31 2022. The company's share price also rose by 18.4% over the period, this compares against its benchmark, the FTSE All-Share Index, which returned 13.0%. Revenue return per share

Perth-based insurance giant Aviva has revealed that the proportion of insurance claims tainted with fraud increased by 13% in 2021. Aviva uncovered more than 11,000 instances of claims fraud last year, worth more than £122m. That is equivalent to detecting more than 30 bogus claims every day,

Property factoring business James Gibb has acquired the residential factoring division of Dundee-based J Reavley Factoring Limited. The acquisition will increase the number of properties currently under management at James Gibb by 1,400 units, taking the number to well over 52,000 units.

Scottish businesses were the least confident in the UK, although confidence remains in positive territory, according to a new survey by the Institute of Chartered Accountants in England and Wales (ICAEW) Business sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Scotland, publ

  A £4.3 million project to significantly improve the inner harbour at Ullapool in Wester Ross has secured an investment of up to £1.086m from Highlands and Islands Enterprise (HIE).

Glasgow-based Kelvin Smith Insurance Brokers has appointed two new directors. Longstanding employees Rena Ross and Scott Gardner will now sit on Kelvin Smith’s board alongside managing director Stephen Travers.

Quarterly investment volumes into Scottish commercial real estate reached £460 million in Q1 2022, up from £380m a year ago, according to Colliers’ latest Scottish Snapshot. According to Colliers, at £140m, retail investment accounted for 30% of all activity by value.

More than half (53%) of professionals in Scotland would be tempted to move to a company which offers a four-day week, according to the latest Quarterly Insights Survey from recruitment firm Hays Scotland. The survey found that 32% of professionals believe this will become a reality within two to fiv

Dundee-based engineering consultancy firm Mabbett & Associates has added a new regional office located within the Horizon Scotland Business and Innovation Centre in Forres. The move follows the firm acquisition of GH Johnston Building Consultants Ltd (GHJ) in February.

Scottish telecoms technology company Calnex Solutions has seen revenue growth of 23% to £22.0m in the twelve months to the end of March. The firm has posted its full-year results, revealing an 18% growth in adjusted profit before tax with figures reaching £6 million.

Edinburgh-based digital postage company Stamp Free Limited has raised £600,000 in an oversubscribed funding round. The company raised the funds at a pre-investment valuation of £4 million, double the £2 million pre-investment valuation of its seed one funding round in September 202