Business

Edinburgh-based wave energy firm Mocean Energy have secured over £3 million EU funding to develop and deploy a 250kW wave machine in Orkney.

Aberdeen's Jamieson & Carry, an independent, family-owned jewellery business founded in 1733, has unveiled the next phase of its multi-million-pound expansion plans at its Union Street store. A planning application to combine the existing store at 142 Union Street with the neighbouring building

Lochmaben roof tile firm Russell Roof Tiles (RRT) has officially completed its latest £1 million manufacturing upgrade. The business is already the largest independent manufacturer of concrete derivatives for the pitched roofing market.

Scottish agriculture-feed manufacturer, Galloway and MacLeod, has expanded operations to five new overseas markets after receiving operational support from Barclays Corporate Banking.

Private businesses in Scotland have accumulated and now hold an average daily balance of £50 billion in their bank accounts, according to recent data from Azets. While this vast sum primarily reflects the normal ebb and flow of cash into and out of bank accounts, the magnitude indicates that m

Glasgow-based Simple Online Healthcare, trading as Simple Online Pharmacy in the UK, has increased revenue by 56%t to £24.3 million in the year to 28th February 2023 (2022: £15.6m), while near doubling headcount to 99. During the year, the company expanded operations across the UK, Germa

Michael Reid, of Meston Reid & Co, has been appointed liquidator of Huntly and District Ex-Servicemen’s Club - a once-thriving historic social club. Huntly and District Ex-Servicemen’s Club closed its doors at the end of March this year. The venue had been in operation since it was r

DM Hall, the Scottish independent firm of chartered surveyors is to incorporate the branding of its Bridge of Allan-based rural property specialist arm, Baird Lumsden. DM Hall’s managing partner, John McHugh, said: “We have recently signed a contract with a web design agency to improve o

Graham’s Family Dairy has announced the launch of 15 new lines at Asda stores across Scotland, which commenced last month. The expansion includes three innovative products, marking their debut in the market. Among the introductions are the Confectionary Protein 22 pots available in three flavo

Glasgow-based food tech firm ENOUGH has successfully raised €40 million (£34.2m) in a recent growth funding round. The funding was co-led by Europe's renowned climate tech venture capitalist, World Fund, and prominent food tech investor, CPT Capital. Notable investors such as AXA IM Alts,

Highlands and Islands Enterprise (HIE) has revealed that businesses and communities supported by the agency in 2022/23 are set to create or retain more than 1,400 jobs across the region over the next three years, including 159 in fragile areas. HIE surpassed almost all of its set targets for the yea

Sunhope Packaging Machinery (ZHENJIANG) Co., Ltd which offers packaging solutions worldwide, has announced it is setting up a new UK division called Sunhope Packaging Machinery (UK) Ltd in Glenrothes.

Scottish retail sales witnessed a sharp decline in July, with factors including inclement weather and unfavourable economic conditions weighing heavily on the industry, as per data from the Scottish Retail Consortium (SRC). July's sales showed a modest growth of 4.6% compared to July 2022, but this

The University of Edinburgh's The Data Lab has unveiled a new AI-powered tool, 'Funding Finder', aimed at streamlining the process for businesses seeking financial backing across the UK. The tool aims to efficiently match businesses with the most suitable funding bodies, addressing the challenges of

Bathgate-based Clarus Networks, a provider of business-critical connectivity solutions, has received a combined £50,000 in grants from West Lothian Council to accelerate its expansion plans. The award, comprising a £40,000 Growth Assistance Project Grant and a £10,000 Digital Devel