Business

Highlands and Islands Enterprise (HIE) has established a new fund to boost innovation in businesses and social enterprises in Argyll and Bute. HIE set up the Shared Prosperity Fund Argyll Programme after securing £280,000 in funding through Argyll and Bute Council's allocation from the UK Shar

Know-it, the Glasgow-based fintech, has launched on the QuickBooks App Store. Now, QuickBooks users will be able to get the Know-it app directly from the QuickBooks App Store and connect their accounts package to the cloud-based credit management platform.

Emblation, a Scottish health tech firm has partnered with one of the top aesthetic equipment distributors in Singapore to expand the global reach of its innovative microwave device. Since launching Swift in 2016 for the treatment of stubborn skin lesions, Emblation has secured distribution

Dundee-based investment firm Alliance Trust has announced that its investment manager, Willis Towers Watson (WTW), has appointed Dalton Investments LLC (Dalton) as a new Stock Picker for its multi-manager global equity portfolio. Dalton will receive a 4% allocation of capital funded by a r

The British Business Bank is working with Mint Ventures – Scotland’s women-led angel investment syndicate – to improve access to finance for female business owners and to grow the pool of women angel investors. With support from the Bank, Mint Ventures is raising awareness of the o

Aberdeen-based public transport provider FirstGroup PLC announced that its overall trading performance for the financial year to date aligns with expectations previously outlined in June.

St Andrews Timber and Building Supplies has launched a new landscaping division of the business as part of a £1 million expansion. The Edinburgh-based firm serves both trade and retail customers across the Scottish central belt from four locations in Edinburgh, Livingston and Paisley with over

Glasgow-based industrial strapping, banding and load securing firm, Reid Brothers UK is poised for expansion with support of a six-figure funding injection from UKSE. With roots tracing back to 1868, this is the firm's third funding round from UKSE with previous support enabling a management buy-out

Approaching its 150th anniversary, Scottish food and drinks wholesalers Dunns Food and Drinks has announced an ambitious growth target. The family-owned company, founded by Joseph Dunn in 1875, aims to achieve a turnover of £50 million by 2025, a significant rise from the £37.5m rec

Springfield Properties has highlighted the "decisive action" taken to address build cost inflation and the "strong" fundamentals of the housing sector in Scotland as the housebuilder revealed it expects to record its highest ever annual revenue. In a trading update issued today, the g

Confidence among the finance leaders of the UK’s largest firms has dipped in the second quarter, partially unwinding the sharp rise in sentiment seen in Q1 2023, according to Deloitte’s UK CFO Survey Q2 2023. A net -10% of CFOs are more optimistic about their firm’s financial prosp

The Artisanal Spirits Company, the owner of the Scotch Malt Whisky Society (SMWS), has hailed strong performance in the first six months of this year.

Edinburgh-based investment manager Foresight Group has invested in UK-based agriculture company Harvest London, aiming to drive the growth of the vertical farming industry. The deal was advised by the corporate team at law firm Burges Salmon, led by partner Danny Lee and solicitor Nikoletta Zinonos.

ZLX Business Solutions, a research and development (R&D) tax credit specialist, and independent financial advisor, Ascot Lloyd, have agreed to deliver complementary services to offer financial peace of mind to businesses operating across the UK. The partnership will result in greater depth of pr

Chris Tate, a restructuring and recovery expert at Azets, has said that new financial pressures are continuing to drive business failures across the UK, with the hospitality sector most vulnerable to stubbornly high inflation – causing a "perfect storm to brew". The warning comes as new monthl