Business

Sallyport Commercial Finance is poised for significant growth in 2024, capping off a successful first year with £4.4 million in funding across key UK industries. The company has doubled its team since inception and expects to increase its team by a further 50% this year. It plans to open a new

Businesses have judged the UK tax regime negatively for its impact on four key economic issues – business growth, innovation, sustainability, recruitment and retention – according to the latest Azets Barometer. The UK scored an average of below 5 (on an optimism scale ranging from zero t

Dunfermline-based construction business Riddell PM has commenced the transition to its next chapter as company directors Dave and Doreen Riddell step down from their active roles. After an illustrious career spanning more than five decades, company founder Dave has decided to hang up his hard hat an

A new survey by accountancy firm Azets has revealed that despite 58% of businesses considering succession planning, the high levels of awareness about succession are not being matched with formal planning. The latest Azets Barometer survey – which measures the opinions of business leaders acro

Trojan Energy, the on-street electric vehicle charging specialist, has appointed Chris Waples, Terry Hart and Keith Barclay to the company’s board of directors. These appointments follow £26 million of funding secured by the company in a raise supported by lead investors BGF and The Scot

Scotland's listed companies experienced a notable increase in profit warnings during Q4 2023, surpassing the combined warnings of the entire preceding year, as revealed by EY-Parthenon's latest Profit Warnings report. Ten profit warnings were issued in 2023, with six in Q4 alone. The number of Q4 wa

Emergency Repair, Scotland’s first all-trades national emergency repairs company, is on track to record a turnover of £1 million in its first six months of trading. With 2000 emergency trade specialists and experienced engineers on call across the UK, the firm covers the length and bread

Award-winning Aberdeen entrepreneur Andrew Smith has recently launched his latest venture, KLT Networking, aimed at empowering companies and individuals to enhance their business-winning capabilities. Previously the owner of Aberdeen Business Network (ABN) for 14 years, Mr Smith successful

Highland Coast Hotels, the Scottish-based hotel group, has added its eighth property to its portfolio.

A family-run business based in Lanarkshire has successfully expanded its services to offer the latest drone technology across the UK after its owners accessed support from Business Gateway.

Pictured (L-R): Foras co-founder Dec McLaughlin; Colin Graham, partner and chair of Thorntons; Foras co-founder Caro Melendez; Alistair Lang, partner and head of ventures and innovation at Thorntons; Foras co-founder Nick Murray Thorntons Solicitors and Foras have formed a new strategic partnership

Changes to what constitutes a high-net-worth individual (HNWI) are likely to have the unintended consequence of negatively impacting on women investors and women-founded businesses in Scotland, investment specialists have said. From 31 January 2024, new regulations under the Financial Promotions Ord

There has been a 2.7% decrease in Scottish retail footfall, slightly better than the UK average of 2.8% year-on-year during the period of 31 December 2023 to 27 January 2024, the latest SRC-Sensormatic IQ data reveals.

Some 18.2% of UK-listed companies issued profit warnings in 2023, surpassing the levels witnessed during the 2008 financial crisis, as indicated by EY-Parthenon's latest Profit Warnings report. In total, 294 profit warnings were issued in 2023, a small decrease of 11 from 2022 when 305 warnings were

Business confidence in Scotland rose 11 points during January to 42%, according to the latest Business Barometer from Bank of Scotland.