Business

Drinks sector companies including Diageo and Tennent's Lager have joined forces to challenge the Scottish Government over its potential plans to restrict alcohol advertising and marketing.

Falkirk-based Henry’s Coffee Company has increased its operations and customer base by launching an expanded ‘at home’ offering, following support from Business Gateway. The business, which sells coffee and tea to coffee shops across Scotland, was launched in 2015 by Brian McGregor

A three-day retail bootcamp led by responsible finance provider, Social Investment Scotland (SIS), will give social enterprises a chance to meet with and pitch to national retailers next month. Impact-led brands with products, services or experiences to sell are invited to join the Retail for Change

Dumfries-based systems design and engineering company Smart Green Shipping has completed a £1.35 million investment round. MOL Drybulk Ltd (MOLDB) and Scottish Enterprise are joint investors in the company that is steering a course to a demonstration FastRig wingsail later this year alongside

Construction firm CHAP Group has reported like-for-like annual turnover increase by 21% to £45.7 million for the financial year to 30 September 2022. The Westhill-based firm recorded a pre-tax profit of £152,000 versus a loss in the preceding period of £705,000.

Entrepreneur Andy Tait and Texas-based Sallyport Commercial Finance LLC have partnered to launch a commercial lender in Scotland that will back small businesses and provide vital cashflow support. Sallyport Commercial Finance will be based on St Vincent Place in Glasgow and will target companies tur

Edinburgh-based retail water supplier Brightwater has announced the acquisition of the customer portfolio of Bristol-based competitor Blue Business Water Ltd and the appointment of Tom Barberton as managing director. The acquisition increases Brightwater's annual customer revenues to over £9m.

Property management and lettings business PMC Property Management & Lettings has been bought by two of its directors, Neale Bisset (managing director) and Annette Hudson (finance director), for an undisclosed sum. The management buyout of the Oldmeldrum-headquartered firm follows the death of th

Aberdeen-headquartered problem-solving company, STC INSISO, has received a £2 million investment from BGF to support its growth strategy. STC INSISO’s products, which span culture, safety, and solutions to improve business processes and performance are already widely trusted and used acr

Digital pharmacy Phlo has closed a £10 million Series A round led by family office Thairm Bio. The funds will be used to expand the reach of Phlo Digital Pharmacy, the first UK digital pharmacy to offer patients same-day medication delivery, and to scale Phlo Connect, the market-leading digita

A US financial tech and data services firm, Mirador, Inc, has announced the establishing of its international business hub, Mirador Worldwide, in Edinburgh.

Profits at oil giant Shell has reached their highest in 115 years, amid the cost of living crisis.

Murray Beith Murray has announced the promotion of two solicitors to partner. Sophie Napier and Fraser Scott took up their new roles yesterday.

The number of profit warnings issued by UK-listed companies in 2022 increased by 50% year-on-year, with record levels of warnings citing rising costs, according to EY-Parthenon’s latest Profit Warnings report.

Scotland’s onshore GDP fell by 0.1% in November, according to figures announced today by Scotland's chief statistician.