Business

Edinburgh-based life science firm Cytomos has successfully raised £4 million in a recent investment round for the development and market-testing of its Cytomos Dielectric Spectroscopy (CDS) technology. Archangels led this funding initiative with participation from notable investors such as Old

International whisky enthusiasts will soon be able to have a taste of some of the world’s rarest and most sought-after spirits, after the entrepreneur behind Dramtubes – a Milngavie-based whisky tasting business – secured funding for growth. Dramtubes aims to make highly desirable

Financial intermediary MAF Finance Group (MAF), which works across the UK, has established a base in Edinburgh to strengthen its presence in Scotland. The business has also appointed experienced lending specialists Nick Elder and Deborah Louden to head up its Scottish operation.

Galbraith has moved to new premises at 18 George Street in the heart of Edinburgh’s New Town. The property consultancy's new premises offer a state-of-the-art flexible working environment with an open plan layout, as well as a range of spaces designed to enhance interaction and collaboration.&

One is 11 SME businesses have said their priority for the next three to six months is survival, with 77% rating current government support as "poor". These are two of the key findings from the latest survey by the Association of Practising Accountants (APA). The survey, which collated responses

Chemify, a company specialising in digital chemical technologies, today announced the completion of a funding round worth £36 million. The round was led by Triatomic Capital and supported by investors including Horizon Ventures, Rocketship Ventures, Possible Ventures, Alix Ventures, Scotland-b

Mackie's of Scotland has achieved record sales of more than £20 million in the last financial year. Over the past decade, the Aberdeenshire-based family-owned business more than doubled its ice cream sales, selling over 13.3 million litres in the financial year 2022-23 alone.

Murray Income Trust Plc, a fund managed by abrdn, has declared a fourth interim dividend of 12.75p per Ordinary share for the year ended 30 June 2023 (2022: 11.25p), marking fifty years of dividend increases at the firm. The dividend will be paid to shareholders on 14 September 2023.

Engineering business Martin Precision Ltd has transferred to employee ownership thanks to advice and support from Glasgow-based Consilium Chartered Accountants. A majority shareholding in the third-generation family business - a global player in the manufacture and supply of precision components for

A.G. Barr's chief executive, Roger White, has announced his intention to step down from his position within the next year, marking an end to his over 21-year tenure with the Scottish beverage company. The board of directors will commence a formal succession process, inclusive of an external search,

Dundee And Angus Chamber of Commerce has announced the highly anticipated shortlist for their 2023 Chamber Business Champion Awards, with the winner set to secure the coveted £10,000 STV advertising package. After a rigorous evaluation process, 13 local companies have made the cut to move forw

Business confidence in Scotland fell 18 points during July to 32%, according to the latest Business Barometer from Lloyds Bank Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 11 points at 41%. When taken alongside their optimis

Nevis Range, a highlands mountain range resort, has witnessed its profits surge by 55% following a £1 million investment package from HSBC UK.

New research from the Grant Thornton UK LLP's Business Outlook Tracker has indicated that India is a vital target for international growth among mid-sized Scottish businesses. The study highlights that 36% of Scottish business leaders are planning to expand internationally within the forthcoming six

Scottish businesses have witnessed a surge in confidence, registering in positive territory for the first time in a year, despite the ongoing challenges, according to a survey by ICAEW. The Business Confidence Monitor (BCM) index, published today, rose to +6.4 in the second quarter of 2023, up from