Business

Dxcover — a Glasgow-based company developing a blood test that can detect cancer at an early stage — has raised £9.7 million through a Series A investment round and grant funding. The £7.5m funding round was led by existing investors Eos Advisory LLP, Mercia Asset M

Drinks giant AG Barr has recorded a strong second half sales performance in 2022, signalling the continuation of positive sales momentum in the first half of 2022/23.

In 2022, business angel groups which are members of LINC Scotland, the national business angel association, invested over £50 million in young companies in Scotland.

A young Glasgow pharmacist has acquired her first community pharmacy at the age of 27 with a loan from Unity Trust Bank. Clare Brogan, owner of Brogan BP, took over Frasers Pharmacy in Newton Mearns and has already created three new jobs and introduced a home delivery service.

MSIP and partners The Data Lab, Censis and Dundee City Council, are providing project funding of over £86,000, towards a total project cost of over £136,000.

In 2023, mid-sized businesses in Scotland will prioritise investment in digital, digitalising services and driving new efficiencies through automation, according to new research from BDO. BDO also found that the Scotland’s business leaders are calling for increased action and more targeted sup

Business confidence in Scotland fell five points during January to 10%, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 17 points at 8%. When taken alongside thei

UK speciality bakery manufacturer Finsbury Food Group Plc has acquired North Lanarkshire-based Lees Foods Limited in a deal worth £5.7 million. Established in 1931, Lees employs more than 200 staff at its site in Coatbridge, Scotland. Lees has a large UK market position in the manufacture of m

Making up a critical part of the rural economy, social enterprises have contributed £197 million in the Highlands and Islands — up £32m since 2019.

Country fashion retailer The House of Bruar is set to expand its online retail operation with a £2 million investment. According to the company's managing director, Patrick Birkbeck, online sales have grown "exponentially" since the COVID-19 pandemic began. Despite concerns about a slowdown in

The vast majority of businesses in the Highlands and Islands have taken action to support their employees in response to the cost crisis, according to Scotland’s latest Rural Business Survey commissioned by Highlands and Islands Enterprise (HIE), South of Scotland Enterprise, and the Scottish

A Shetland knitwear firm, Jamieson's Spinning, has completed a project to increase capacity and productivity by using innovative technology.

Experts in industrial cleaning and emergency response for the global energy industry, NRC UK has been bought over by two long-term industry senior executives for an undisclosed sum. The buyout has been hailed by its managing director as a landmark in the company’s growth which will with immedi

Global IT firm transACT Technology Solutions is set to create 20 new jobs in Glasgow after the firm established its Scottish headquarters in the city. The move comes as part of an international expansion for the London-based firm, which celebrates its 10th anniversary this year.

The Port of Grangemouth, Scotland’s largest freight hub, has delivered an abundant ‘tattie’ season with 65,000 tonnes of seed potato exported around the globe from Grangemouth. The busy container terminal grew annual volumes with 150,000 containers moving through the port in 2022.