Business

Business confidence in Scotland rose eight points during July to 51%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported higher confidence in their own business prospects month-on-month, up one point at 45%. When taken alongside their optimism in the eco

A total of six new traders – and four more to come shortly – have opened on the Granite Mile in the last year thanks to the £195,000 Union Street Empty Shops Grant Scheme, helping to bring the number of vacant units down from 47 to 38. The Aberdeen City Council scheme has meant abo

The Lieutenant Governor of Oklahoma, Matt Pinnell, has held a series of high-profile meetings with the Scottish business community as part of a trip aimed at improving transatlantic business relations, promoting investment opportunities for Scottish businesses throughout the state of Oklahoma.

A Highland woodturning business run by an 18-year-old is now able to produce products in a more streamlined way after the business owner accessed specialist start-up support from Business Gateway. Daniel Stewart began woodturning in 2020 when he was just 14, after being gifted a lathe by his granny.

Insulation manufacturer and installer energystore has acquired a majority share in award-winning Scottish specialist flooring contractor Advanced Traditional Screeding (ATS) for an undisclosed sum. Northern Ireland-headquartered energystore designs, manufactures and installs insulation systems for f

An Argyll & Bute-based business making fresh pizzas to order has seen huge success after the owner accessed specialist start-up support from Business Gateway.

Medium-sized businesses are more optimistic than smaller firms with economic and geopolitical uncertainty, recruitment problems, investment in cybersecurity and talent acquisition the key concerns according to the latest Azets Barometer Survey. The survey, which researched UK businesses during April

Shares in the Aberdeen-based Wood Group rose by more than 3% yesterday after the firm moved closer to a potential £1.6 billion take over. Following the Sidara's fourth and final offer of 230 pence per share, Wood's board said it has "decided to engage with Sidara to determine if a firm offer c

Building materials merchant, PDM has unveiled a major upgrade to its Kilmarnock branch. This investment will better support the needs of both existing and new customers with a significantly expanded product range across a retail floorspace that has tripled in size. The upgraded facilities were offic

Business confidence in Scotland was the joint highest of any UK nation or region in May, according to the Bank of Scotland Commercial Banking.

Edinburgh-based Smart Data Foundry is relaunching its synthetic data platform, Aizle, following a period of sustained growth which has seen its client base and team expand in line with growing demand for its services. Aizle, a synthetic data platform designed to accelerate innovation, is unveiling a

More than 90% of participants who took part in a pilot scheme aiming to inspire female entrepreneurs have said they now feel ready to start their own businesses. E3f, a six-week pilot programme, was run by Elevator – a social enterprise which supports entrepreneurship and employability across

A new £5 million investment package has been unveiled to bolster high-growth businesses and entrepreneurs in Scotland. This initiative forms part of the Scottish Government’s ongoing commitment to implement recommendations from the Logan and Pathways reports, aiming to foster a world-cla

Output for Scotland's private sector grew marginally in April, along with the third consecutive monthly rise in new business, according to the Royal Bank of Scotland Business Activity Index. The seasonally adjusted index, that measures the month-on-month change in the combined output of th

Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the Scottish National Investment Bank (the Bank) and UK Infrastructure Bank (UKIB) with £50m investment from each. The financing foll