Business

Britain’s new car market rose by 26.2% in February, marking the seventh consecutive month of growth, according to figures published by the Society of Motor Manufacturers and Traders (SMMT).

Student Rents, the Edinburgh-based SaaS rental platform, has appointed Jamie Stewart as its new chief executive after closing a £470,000 CrowdCube seed round. Mr Stewart, 19, steps up from chief brand officer and replaces his father Grant MacCusker, who becomes non-executive chairman as t

The Scottish private sector registered the first rise in private sector activity for seven months February according to the latest Royal Bank of Scotland PMI data. The Business Activity Index - a measure of combined manufacturing and service sector output – moved back within in the expansion t

The chief financial officer of Springfield Properties, Michelle Motion, has resigned with immediate effect, the housebuilder said today. The company said the board has commenced a search for a new CFO and will "update the market in due course".

If the Energy Bill Relief Scheme is not extended beyond March, or alternative government support provided, businesses will need to make tough decisions about how they manage the higher cost of energy bills, according to research from Grant Thornton's latest Business Outlook Tracker. Of the 600 mid-s

The number of new technology companies incorporated in Scotland increased 22% in 2022, according to analysis of Companies House data by RSM UK. A total of 1,367 new tech businesses were incorporated in Scotland last year, up from 1,124 in 2021.

Highland Opportunity (Investments) Limited HO(I)L, The Highland Council’s business loan company has launched its first social media campaign to make Highland businesses and community organisations aware of its loan funds.

Wood Group has rejected a fourth cash offer from Apollo Global Management to acquire the entire share capital of Wood.

A young entrepreneur seeking to revolutionise the world of piping was among the winners at the Federation of Small Businesses’ (FSB) Scottish Celebrating Small Business Awards, held yesterday in Glasgow. Engineering student Robbie MacIsaac, 22, won the Young Entrepreneur of the Year prize, bea

Aberdeen-based business support services company CS Group has announced growth plans as it introduces two new supporting service lines to the business. The company currently comprises of contract cleaning pillar, CSG Clean, and packaging and office supplies pillar, CSG Supplies (encompassing Grampia

Aberdeen grants for installing flooding property protection has been extended to include businesses, a committee decided today. The Net Zero, Environment and Transport Committee unanimously agreed to the move for commercial property owners which starts from 7 March 2023. The Property Level Flood Pro

The former owner of Aberdeen Business Network (ABN), Andrew Smith, has published a new book to help individuals and companies win more business. Mr Smith owned ABN for 14 years before agreeing the sale of his company at the end of 2022. During this time, ABN helped firms win more than £27

Scottish Borders-based tech firm Emtelle has signed an agreement to build and establish a factory for the manufacture of fibre optic ducting and pre-connectorised solutions in Abu Dhabi. Emtelle will invest around $50 million (£42m) in the United Arab Emirates facility under a build-to-suit (B

FRP Corporate Finance has advised the shareholders of Suttons Performance Packaging (Suttons), a protective packaging manufacturing business based in Cambridgeshire, on its £13.7m sale to Macfarlane Group PLC (Macfarlane). Founded in 1962, Suttons supplies specialist protective packaging to th

Scottish law firm Wright, Johnston & Mackenzie LLP (WJM) has formed a new drinks industry specialist team to provide legal support to the alcoholic beverage sector. Colin Millar, a partner at WJM who will be leading the new team, has worked for many years with clients in the spirits industry inc