Business

Despite a challenging economic climate, Scottish entrepreneurs remain ambitious, with 46% planning to expand their businesses in 2023, according to recent research from investment firm Rathbones.

Law firm Freeths has expanded into Scotland, marking this with the opening of a new office in Glasgow and the appointment of two partners, its first base outside of England. The newly appointed partners, Paul Ockrim and Nick Taylor, formerly of Addleshaw Goddard, will lead the Scottish venture, head

Scottish business confidence has surged by 28 points to reach a 50% mark in June, revealed by the recent Business Barometer survey from the Bank of Scotland Commercial Banking. This confidence is reflective of firms' optimism in both their individual prospects, which jumped 22 points to 52%, and the

Scotland has witnessed a surge in new businesses, with over 3,200 start-ups registered in May 2023, according to research conducted by R3, the UK's insolvency and restructuring trade body. This figure, obtained from Creditsafe data analysis, was 229 firms higher than the previous month's total of 3,

Scottish Dental Care, a family-owned dentistry group based in Glasgow, has acquired Barrhead and Gorbals Dental Practices. The acquisition takes the group, which is owned by brothers Christopher and Philip Friel to 19 practices.

Edinburgh-based water retailer Business Stream has achieved a record savings of £2.85 million for the country’s public sector this year, elevating the total savings to £6.4m over a three-year period. This was accomplished through the provision of leak detection, water efficiency, a

A Scottish wholesaler with bases in Falkirk and Perth is now one of Scotland’s largest industrial suppliers, after its owner received HR support and signposting to grant funding from Business Gateway. Established in 1974, Diamond Industrial Supplies remains an independent company, supplying qu

Scots wind energy specialists Edge Solutions have boosted their team with the appointment of Stuart MacLean and Richard Scullion in advance of a £2 million funding round. Mr MacLean, a former senior partner in M&A and corporate finance at law major CMS, becomes head of corporate developmen

Aberdeen-based SugarBird Wines has been unveiled as the preferred bidder for the Burns Pavilion at Union Terrace Gardens, signalling an exciting expansion for the West End business. The company, known for its high-quality global wine selection, plans to utilise the new venue for its second wine bar.

Auction House – operating as Auction House Scotland in Scotland – has experienced its most successful May in the 16-year history of the group. May 2023 set new records, with the auction house offering 707 lots and successfully selling 76% (537) of them. The sales generated a record-

Scottish intellectual property firm Lawrie has reported growth of 12% this year and projected total sales of around £3.5 million for the upcoming financial year. Growth areas for the patent and trade mark attorney firm has primarily come from increased trade mark work and patent filings i

Reward Finance Group has cemented its twelfth year of continuous growth, by breaking through the £200m loan book milestone for the first time. Reward, which supplies SMEs with tailored business finance loans and asset based solutions of between £50k and £5m, is marking the landmark

Scottish timber company Logie Timber, based in Moray, has secured a £240,000 investment that is projected to create four new jobs and bolster the firm's turnover by over £320,000.

Stirling-headquartered sunbed chain Indigo Sun has inaugurated its newest salon in East Renfrewshire's long-awaited Barrhead Retail Park. The retail park, previously a pet food factory left vacant for 15 years, has undergone a £15 million transformation, set to accommodate a plethora of well-k

Business Gateway, Scotland's national business advisory service, has announced a webinar with Scottish entrepreneur Vicky Brock and Business Gateway's chief officer Hugh Lightbody on overcoming the fear of failure in entrepreneurship. According to last year's Global Entrepreneurship Survey