Business

Education innovator Dr Rashmi Mantri was presented with business achievement honour at the Inspiring Indian Women (IIW) She Inspires awards held at the Houses of Parliament. Born in India and settled in Glasgow, Dr Rashmi Mantri is a multi-business manager, IT specialist and educator with a PhD in c

Dundee-based cloud computing company iomart Group has posted its full year results for the year ended 31 March 2022, revealing an 8% decline in revenue from £111.9 million to £103m. However, the firm stressed that it continues to "benefit from a robust business model delivering

Rostra Therapeutics, a life sciences company spinning out of the University of Strathclyde, has secured £80,000 in grant funding after winning the 2022 Scottish EDGE pitch competition for businesses. Hundreds of high calibre applications were received by Scottish EDGE, the UK’s biggest f

Creative design studio Form Digital has announced the launch of a new initiative to support local communities and charities around Aberdeen and Glasgow, where it is based. The Octopus Fund is a £10,000 pot to be distributed across work spanning brand, print and digital for community and third

The 10-venue Carlton Bingo chain has made the move to employee ownership following a positive rebound after the challenges and closures brought about by the pandemic. With locations in Inverness, Stirling, Livingston, Dunfermline, Buckie, Elgin, Fraserburgh, Dalkeith, East Kilbride and Partick in Gl

Glasgow-based online retailer of men’s wet shaving and grooming items, The Executive Shaving Company, has moved into employee ownership with all staff taking a stake in the business.

St Andrews-based investment firm Eos Advisory has strengthened its team, with Andrew Durkie joining as a partner, and Andy Lothian and Sandy Kennedy appointed as non-executive growth advisors. Andrew Durkie is a chartered accountant who brings over twenty years’ experience in mergers and

The latest Royal Bank of Scotland PMI data indicated a softer expansion of private sector output across Scotland in May, with the seasonally adjusted headline Royal Bank of Scotland Business Activity Index falling from 58.9 in April to a three-month low of 55.9 in May. Slower increases in output wer

Scottish tech firm Earth Blox has secured £1.5 million funding from Archangels to expand its global reach and further develop its no-code Earth Observation (EO) cloud-based SaaS. Earth Blox enables users to create customised insights from satellite and geospatial data in a straightforward way

Eden Mill St Andrews has entered a new partnership arrangement with the Lawn Tennis Association, the National Governing Body of tennis for Great Britain. Under the four-year deal, the distiller will become the Official Spirit of British Tennis. The Queen’s Club Championships begin today, and t

Eight new members have been appointed to an advisory group, with the aim of growing Scotland’s exports and delivering on the objectives of ‘A Trading Nation’ (ATN), the new group will meet for the first time today. The new members of the board are:

Danu Robotics, a University of Edinburgh spin-out, has secured £75,000 in grant funding after taking honours at this year's Scottish Edge Awards. The company focusses on developing sustainable technological solutions for the benefit of the environment. The firm was founded by Xiaoyan Ma.

Female-powered businesses are attracting an increasingly large amount of equity investment – a record £5.05 billion in 2021 – but female founders are more vulnerable to the dilutive effect of equity funding than their male counterparts, according to J.P. Morgan Private Bank. The ba

Business confidence in Scotland rose 14 points during May to 42%, the highest reading since June 2021, 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 three point

Scotland outpaced both the UK and Europe last year by securing 122 inward investment projects - up 14% on 2020 results - and is polling at record levels among investors who consider Scotland to be the UK’s top foreign direct investment (FDI) location, according to EY’s latest Scotland A