A report, sponsored by Scottish Enterprise and conducted by Deep Knowledge Analytics, has forecast blockchain technology contributing £4.48 billion to Scotland’s GDP by 2030.
International advisory, compliance, and outsourcing group, Azets, has appointed Peter Gallanagh, previously regional CEO for Scotland and Northern England, as its new UK CEO.
Scotland’s shops and eateries have experienced a decline in business rates, following the Scottish Government’s revaluation which commenced last month, resulting in an approximate 10% reduction in business rate bills.
Scottish coffee roaster Matthew Algie has secured a multi-million-pound investment at its Glasgow production headquarters, to enhance production capabilities while aiming to be net-zero by 2035.
In a significant boost to Scotland’s green energy sector, Sumitomo Electric Industries, a Japanese multinational corporation, has announced a £200 million investment in a new high-voltage subsea cable manufacturing plant.
Supported by Thorntons, Dumfries and Galloway-based Carbon Capture Scotland has secured a seven-figure sum investment from Steyn Group to facilitate further growth.
Today, Compack Cartons’ latest packaging facility in Livingston was inaugurated by the cabinet secretary for wellbeing economy, fair work and energy, Neil Gray, following a £13.5 million investment by Port Glasgow-based McLaren Packaging.
Easter lifted Scottish retail sales in April, as total sales in Scotland rose by 9.1% compared with April 2022, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
Glasgow-based affordable loans firm, Scotcash, has announced the termination of its lending services, citing a challenging economic, regulatory, and funding environment.
Land Rover Experience Scotland, based in Dunkeld, Perthshire, has transitioned to an employee-owned business structure, providing its staff with an 83% share in the company via the creation of an employee ownership trust (EOT).
Renowned investor James Anderson, former co-manager of Scottish Mortgage Investment Trust and retired partner of Baillie Gifford, has emerged from retirement to join Lingotto Investment Management, a firm owned by Italy’s Agnelli industrial dynasty.
Apollo Global Management has withdrawn its fifth proposal to acquire Aberdeen-based energy services company Wood Group, causing the company’s share price to drop to 135p on Monday morning, which equated to a loss of over £500 million in the company’s stock market value.