Business

Business activity across Scotland's private sector contracted again in September, according to the latest Royal Bank of Scotland PMI data. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - was little-chan

NFU Mutual is today warning ghost brokers who buy fraudulent policies on behalf of others that they will be found out and could face prosecution. The mutual insurer is supporting the Insurance Fraud Bureau’s campaign to raise awareness of ghost broking, which can leave vulnerable people with i

Glasgow-based managed services provider and business telecoms company KubeNet has grown substantially after moving to larger premises and is celebrating new contract wins with clients across the UK and globally following support from Scottish Enterprise. The new office at Academy Business Park, Glas

Total company insolvencies in England and Wales in the second quarter of 2022 reached their highest quarterly level since 2009, according to the latest figures published by the Office for National Statistics (ONS). The ONS said the rise had been driven by creditors' Voluntary Liquidations (CVLs).&nb

Edinburgh-based sustainable and ethical clothes production platform Unfolded, has raised £1.2 million to accelerate its mission to remove waste from the fashion industry and create a new sustainable way to shop for clothes. The round has been led by Techstart Ventures with Solid Bond, FJ Labs,

Glasgow-based airline Loganair has been put up for sale with the sole owners, Stephen and Peter Bond, hoping to hand over stewardship of the airline by the middle of next year. Confirming reports in the Sunday Times, Jonathan Hinkles, chief executive of Logainair, said: "The airline is trading profi

A former NHS nurse who was the director of a health and wellbeing company has been disqualified as a director for 10 years after fraudulently claiming a £30,000 government Bounce Back Loan (BBL). Monica Coyle, 51, from Kilmarnock, was director of Positive Pulse Limited, a health and wellbeing

The North Sea Transition Authority (NSTA), the UK-wide organisation which regulates oil, gas, and carbon storage, has moved from the West End to new offices in Aberdeen's Marischal Square. NSTA joins other businesses at the office, hotel, and restaurant complex including the Royal Bank of Scotland,

Rettie & Co. has appointed Jamie Gillespie, formerly of Corum and Savills, as an associate director for their growing business. This appointment has been made to cement the already successful team in Glasgow, and to support managing partner, Maitland Walker, with ambitious growth plans for the W

A trade mission, which aims to establish a direct exporting route from Scotland to Barbados and highlight investment opportunities, is set to take place between 20th and 25th November to the Caribbean island. Bringing together a range of delegates from sectors including finance, education, training,

Glasgow-based sustainable packaging firm Cullen Eco-Friendly Packaging has revealed ambitious plans for a major expansion that will make it one of the world’s biggest fibre packaging manufacturers. Cullen Eco-Friendly Packaging is investing £15 million in a new innovation and design hub,

Pensions advisory firm Isio has promoted Calum Brunton Smith to partner in its Glasgow office. Calum Brunton Smith has played a key role in the growth of Isio’s investment advisory business and the firm’s Scottish expansion.

Data from Tech Nation and Dealroom has revealed that mid-stage scaling tech companies (at Series A) have raised $5.1 billion in 2022 so far signalling an all time record for H1. This compares to $5.6bn raised in the whole of 2021.

A survey carried out in June and July this year, indicated that most businesses in the Highlands and Islands were operating at either the same or above their pre-pandemic levels. However, it also showed a significant decline in exporting activity and in the level of confidence in Scotland’s ec

Construction sector firm Morris & Spottiswood, which specialises in fit-out, housing and Mechanical & Electrical (M&E), has seen a return to pre-Covid turnover and profitability following a period of growth. Turnover for the last financial year (ending December 2021) increased by 30% to