Scotland is set to create its first two Investment Zones in the Glasgow City Region and the North East, with up to £160 million of targeted investment, tax reliefs, and other incentives being earmarked over the next five years.
The Scottish Borders Council has confirmed the appointment of two new directors, Suzy Douglas, director of finance & procurement, and Nuala McKinlay, director of corporate governance, effective immediately.
James Watt, CEO of Brewdog, the brewery and pub chain headquartered in Ellon, Aberdeenshire, has expressed strong criticisms about the aftermath of Brexit, describing it as “tragic for UK business” and emphasising its detrimental effects on his own enterprise.
Scottish football club, Arbroath FC, has made headlines following a significant surge in their financial fortunes, tripling their annual turnover to £1.88 million in 2022.
Scotland has witnessed a surge in new businesses, with over 3,200 start-ups registered in May 2023, according to research conducted by R3, the UK’s insolvency and restructuring trade body.
Fintech start-up ZIPZERO has relocated its headquarters from London to Aberdeen, as it looks to leverage the region’s thriving tech scene to drive its expansion.
James Fennessey, Colin Haig and Matthew Richards, partners with accountancy firm Azets, have secured a going-concern sale of the Antonine Shopping Centre in Cumbernauld to a new joint venture company, Beltrace (Antonine) Ltd., for an undisclosed sum.
Edinburgh-based water retailer Business Stream has achieved a record savings of £2.85 million for the country’s public sector this year, elevating the total savings to £6.4m over a three-year period.
Callum Carmichael and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of seaweed harvesting and seaweed-based seasonings manufacturer, Mara Seaweed Limited.
Scottish tax and business consultancy firm EQ Accountants has announced 23 promotions throughout its organisation, with a focus on promoting its home-grown talent.