abrdn Asia Focus plc, a company that holds a fundamental, high conviction portfolio of well-researched Asian small caps, has confirmed its annual results for the year ended 31 July 2023, revealing a 7.6% rise in Net Asset Value (total return). This is compared to the company’s benchmark return
Business
Scottish business prowess was in the spotlight during a grand reception at Edinburgh Castle, drawing over 100 top business figures to commemorate the vital role of the Scottish Chambers of Commerce network.
Scottish spirits manufacturer Gin Bothy is expanding its artisanal horizons with the introduction of Bothy Butter, a hand-crafted butter that resurrects a cherished local tradition in Angus. Gin Bothy was founded in 2015 by "accidental gin-maker" Kim Cameron from her bothy kitchen in Kirriemuir, in
Scotland's sole gold mining company Scotgold Resources has updated shareholders saying it is currently in advanced talks with a prospective new investor, following the withdrawal of a previous party earlier this month.
Scotland has witnessed a 16% decrease in registered company insolvencies in September compared to the same period in the previous year, according to the latest statistics from Companies House. The total insolvencies included 30 compulsory liquidations, 52 Creditors' Voluntary Liquidations (CVLs), an
Scottish hire company Eagle Hire has invested £4 million in a deal with Glasgow-based Scot JCB, acquiring a new fleet of JCB machinery ranging from JCB dumpsters to JCB 86C-2 midi excavators. Eagle Hire’s order of 127 state-of-the-art JCB machines, all equipped with the latest stage V en
Companies must prepare for a new law that will impose greater demands on verifying the identity of their directors and connected businesses, experts at Edinburgh-headquartered legal firm Lindsays have warned. An impending new law means that Companies House will impose more stringent measures on conf
Loganair has been named Airline of the Year for 2023 by the European Regional Airline Association (ERA).
Chivas Brothers, the Pernod Ricard business dedicated to Scotch whisky, has revealed its plans to further develop and expand its Kilmalid bottling site.
The farmer in charge of one of a Scottish organic dairy farms is looking to expand his range of dairy products, forge new business relationships and better manage his cashflow thanks to a tailored Invoice Finance facility from Optimum Finance. For farmer Bryce Cunningham, owner of Mossgiel Organic F
Logistics firm Rix Shipping (Scotland) Ltd has announced it is set to inject over £3 million into Montrose's local economy, reinforcing its longstanding presence in the region.
The British Business Bank has unveiled its new £150 million Investment Fund for Scotland, unlocking additional funding to help smaller businesses to prosper and thrive.
ACCA Scotland has responded to the UK government's plans to launch more stringent initiatives to curtail the persistent problem of late payments, which particularly plagues SMEs. This move is part of the forthcoming Prompt Payment & Cash Flow Review aimed at reinforcing and better executing curr
Scottish clean tech software and data company Heero Technologies has clinched an investment worth £550,000 from The TRICAPITAL Syndicate, Scottish Enterprise, and Mint Ventures. The financial injection is intended to further develop and scale the business' energy efficiency application and web
Scotland’s sole commercial gold miner, Scotgold Resources, has placed the majority of its staff on unpaid leave "until further notice" as it continues to grapple with significant financial constraints.