Business

Baillie Gifford is to close four fixed-income funds and focus on growing its fixed-income business exclusively in the UK market, as the Edinburgh-based investment management firm prepares to lay off dozens of employees. It has been reported that Baillie Gifford is closing three funds from its I

Aberdein Considine has announced that it has moved its main legal and wealth office in Aberdeen to new premises in the Granite City. The law firm, which has a team of 464 and 21 offices – 19 in Scotland and two in England - has relocated its main legal and wealth teams to Blenheim House in the

James Scott and Sons, the Scottish manufacturer of commercial kitchens, is ready to embark on an exciting new chapter thanks to a £450,000 grant secured by Consilium Chartered Accountants. The grant, awarded through Scottish Enterprise's Regional Selective Assistance (RSA) programme, will fuel

Aberdeenshire-based project management and integration company Camm-Pro, has secured a multi-million-pound contract with bp to deliver a major new piece of the UK’s energy infrastructure.

Edinburgh-based game developer and publisher Build A Rocket Boy has successfully concluded a Series D funding round, securing over $110 million (around £87m) in capital.

Edinburgh-based Intelligent Growth Solutions (IGS) has successfully raised £22.5 million in a Series C funding round to support significant global expansion as the business deploys its vertical farming technology to customers worldwide.

Scotland's economy is "stuck in a low growth cycle", according to the latest Scottish Chambers of Commerce Economic Indicator.

InnoScot Health is urging Scottish innovation and science collaborators to take advantage of a £7.5 million pot of grant funding available from Innovate UK.

A drone technology manufacturer has received almost £1 million from Scottish Enterprise to support the development of a new hybrid, heavy-lift, unmanned aircraft capable of operating on less than 30% of the aviation fuel used by a helicopter. Flowcopter designs and manufactures Unmanned Aerial

The Federation of Small Businesses (FSB) has urged the UK government to consider removing the “barrier to growth” many small businesses are faced with by raising the VAT threshold. FSB's new paper, "VAT for Small Businesses", suggests revamping the VAT system could be the key to unlockin

Menzies Parcels, a subsidiary of Menzies Distribution, is on the brink of closure, putting approximately 270 jobs at risk in the north of Scotland.

Firms that comply with the UK Corporate Governance Code have a lower chance of surviving a financial crisis, a new study has revealed. However, appointing an insider CEO and increasing the number of board committee members can boost the chances of survival, researchers claim.

POTR, a Scottish start-up behind the world’s first origami self-watering plant pot has sealed a major distribution deal in Japan, where it’s believed the art of paper folding began to flourish more than 1,000 years ago. The move will see POTR launch its products in more than 100 outlets

Glasgow-based coffee roaster Matthew Algie has formally merged, solidifying its position as a premier coffee roaster in the UK and Ireland. Acquired by Hamburg-based Tchibo in 2016, and Capitol Foods in 2018, the parent company Tchibo, recognising the strong values and reputation for quality and sus

Inverness-headquartered RSE has posted revenue of £198 million, 71% higher than the previous year (£115m), in latest its financial statements to March 2023. Operating profit also increased to £14.0m compared to £6.5m in the prior year.