Business

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

Andrew McNamara, head of business services & outsourcing for Scotland at BDO LLP, discusses the impact of short-termism on Scottish firms. Scotland has a rich business history. It’s a country ripe with entrepreneurial talent, ambition and drive, and every day I see first-hand the exciting

FinTech Scotland, the cluster management body, has announced a new strategic partnership with NCR Corporation, a leading enterprise technology provider to further advance innovation for financial institutions. The partnership builds on NCR’s strong innovation track record as a software and ser

With more than two weeks remaining in its first equity crowdfunding campaign, Matugga Distillery has passed its ambitious fundraising target of £300,000. The UK’s first Black female-owned distillery has welcomed more than 200 new shareholders who have bought into the company’s plan

The abrdn Charitable Foundation (aCF) and UNESCO have today announced a three-year partnership to promote environmental sustainability through research and education with the goal of developing innovative solutions to environmental problems. As the first financial services company to enter into a pa

Aberdeen renewable marine and subsea equipment firm, W3G Marine, has introduced a new cost-saving and highly effective tool for the offshore energy market, after securing a £450,000 funding deal with Royal Bank of Scotland. With funding of £450,000, W3G Marine has successfully commercial

Clyde Munro has acquired Maybole Dental Practice, a busy predominantly-NHS four surgery practice with more than 9500 patients, for an undisclosed sum. Its owner David Logan joined the practice after graduating in 1993 from The University of Glasgow and worked as an associate for his father who bough

East Kilbride-based FreeFlow Technologies (FFT), which has developed a light power to weight e-Bike motor, is moving into production following the completion of a £1.65 million funding round led by investment syndicate Kelvin Capital. The new investment will accelerate the production of units

Craig Alexander Rattray, a Glasgow-based growth strategist and cash expert, is launching a new initiative to help SME owners take better control of their businesses. A part-time finance director to many ambitious growing companies, the former venture capitalist and corporate financier has spent more

The first-ever Unlocking Ambition Community Showcase has been held in Glasgow to celebrate the achievements of alumni from one of Scotland’s flagship business growth and leadership programmes, delivered by Scottish Enterprise.

Plans to develop a new timber manufacturing and processing facility in Forres, Moray, have secured up to £279,000 Green Jobs Fund investment from Highlands and Islands Enterprise (HIE). The funding was announced on Friday by Richard Lochhead, minister for just transition, employment and fair w