Business

Elgin-based Ava Innes, a luxury bedding company, has been awarded £140,000 in prize money after winning both the Scottish Edge Award (£65,000) and the STV Growth Edge Award (£75,000). Founded by Joan Johnston, the company has developed a unique, patented duvet utilising a blend of

Nine in 10 (90%) privately owned Scottish firms feel optimistic about their growth prospects as they head into 2025, according to KPMG UK. The Big Four firm's Private Enterprise Barometer survey captured insights from 1,500 private business owners across the UK, including 125 from Scotland, spa

The 108 employees of a growing Scottish traffic management company have become its new owners. Apex Traffic Management, which is headquartered in East Kilbride and has depots in Dumfries, Ashford in Kent and will soon open a new depot at Portlethen outside Aberdeen, has completed a deal to transitio

Scottish design agency Fifth House has expanded its operations into the Middle East following a financial boost from Midlothian Council Local Business Support funded by the UK Government’s Shared Prosperity Fund. Headquartered in Edinburgh, Fifth House has officially opened for business in Dub

Smaller businesses backed by the Start Up Loans programme have higher survival rates than other businesses, according to an independent evaluation, conducted by SQW working in partnership with Professor Mark Hart, Qa Research and The Data City. The programme, which has provided over £1.1 billi

Ultrasound technology specialist Novosound has moved into a new headquarters at BioCity in Glasgow. The expansion comes after a year of growth that saw the company increase its headcount to 42 from 34 and secure a £2 million investment round led by Par Equity.

Glasgow-based start-up Clyde Hydrogen Systems has achieved a critical technical breakthrough in its decoupled electrolysis process alongside launching its latest £5 million funding round designed to speed up the commercialisation of its innovative technology.  Backed by pre-seed funding f

Scotland's private sector maintained growth in November 2024, driven by the service sector, although manufacturing output continued to contract, according to RBS. The Scotland Business Activity Index remained above 50, with a reading of 51.1, indicating expansion, but eased slightly from October's r

A renowned restaurant venue in the heart of Anstruther has been given a fresh lease of life with the opening of a wine and tapas bar called The Cellar at 24.

Fetcha Chocolates, an Argyll-based chocolate manufacturer is investing in new equipment to quadruple its capacity, increase turnover and create employment. Campbeltown-based Fetcha Chocolates Limited has secured a £6,311 contribution from Highlands and Islands Enterprise (HIE) towards the tota

More than one third (35%) of Scottish businesses have experienced fraud in the last five years, a new survey from BDO has found. Of those businesses, 86% said they had experienced fraud in the last 12 months. Additionally, more than a quarter of respondents (29%) have seen multiple fraud incidents i

Business confidence in Scotland fell 13 points during November to 31%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down two points at 43%. When taken alongside their optimism in the

Mabbett & Associates Ltd and IKM Consulting Ltd have merged to create one of Scotland’s largest multi-disciplinary consulting firms. With a combined headcount of around 200, the new firm, named Arthian, will target new sectors and larger projects with the opening of two new offices and a p

Bancon Group has reported an operating profit of £3.8 million for the year ended March 2024, down from £4.6m in the previous year, and a decrease in pre-tax profit from £1.8m to £1.3m. The Aberdeenshire-based housebuilding and construction group's turnover fell 26% from &poun

Business figures have urged the Scottish Government to take immediate action to address mounting economic challenges. The call came at the Scottish Chambers of Commerce annual dinner where First Minister John Swinney, Labour leader Anas Sarwar MSP and Scottish Conservatives leader Russell Findlay MS