Business

Fife-based convenience retailer Greens Retail has received a £1.3 million funding package from HSBC UK which has allowed it to its business across Scotland.

New data has shown that the average amount owed to small businesses in late payments has risen to £22,700 in May 2022, up from £21,400 in 2021, according to Intuit QuickBooks late payments bulletin. This is a 6% year on year increase and the almost £23k average works out to 65

Aberdeen Retail 1 Limited and Aberdeen Retail 2 Limited, the Guernsey-based owners and operators of the Bon Accord shopping centre in the centre of Aberdeen, have been placed in administration.

Measures to protect living standards, assist retailers to keep down shop prices, and help retail destinations rebound should be at the heart of the upcoming Scottish Budget, according to the Scottish Retail Consortium (SRC). 

Business confidence in Scotland fell 11 points during August to 5%, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies across the country reported lower confidence in their own business prospects month-on-month, down 29 points at 3%. When taken alongside

Clyde Munro has struck a deal and acquired two Edinburgh dental practices for an undisclosed sum. The deal was made with married dentists, Duncan Sandland and Suzanne Seaton, to acquire their Colinton Dental and Riccarton Dental practices after nearly two decades in charge.

DataVita has announced plans to invest £8 million to expand the capacity of its flagship Fortis data centre. The Scottish data centre and multi-cloud services provider will add an extra 400 racks to its data centre, taking Fortis up to 1,500 sq. m. of technical space. The expansion also opens

Yorkshire based commercial finance consultancy, ABL, has grown its operations in Scotland with the appointment of Neil Kindness as regional managing director. The hire follows the commercial finance consultancy’s announcement in April of a major recruitment drive as joint managing directors Al

More than 40 jobs have been created following a major refit of one of Scotland’s largest food ingredient manufacturers, Macphie, with output on track to exceed pre-pandemic levels before the end of the year. Macphie’s Tannochside facility has restarted full-scale production for the first

Scotland-headquartered logistics specialist, CCL Logistics & Technology, reported revenue growth of 23% to £29.5 million in its annual results for the year ending 31st December 2021 from £24m in 2020, while growing its headcount to 110. Founded in Troon by CEO Callum Bastock in 1999,

Construction has begun on the Cabrach Distillery in Inverharroch, Moray, as the foundation stone was laid last week.

CR Smith Manufacturing Ltd, the commercial arm of the home improvements company, has signed an £8 million contract with Link Group’s commercial partner C~urb to supply replacement windows over the next four years. C~urb launched in April 2022 to provide property development, maintenance

Loch Lomond based family-run business The Bee School has successfully launched and improved its search engine optimisation (SEO) ranking after the owner received support, advice, and signposting to funding from West Dunbartonshire Council Business Support, Business Gateway and DigitalBoost.

A planning application for the redevelopment of an industrial site has been submitted to City of Edinburgh Council, with plans to invest £150 million into the industrial site. The Royal Elizabeth Bond Ltd has already carried out a pre-planning public consultation with the Queensferry &

onstruction contractors may need to deploy greater legal safeguards in order to protect their businesses from being pushed under by spiralling costs, a lawyer has warned. Andrew Boccoli, a director in the Commercial Property department at Scottish legal firm Lindsays, believes extreme market volatil