Aberdeenshire-based engineering firm Brimmond has posted a 74% increase in turnover for 2023-24, reaching £11.4 million – surpassing its forecast of £10m.
The rules governing financial services could be streamlined to reduce burdens on businesses, following a review launched by the Financial Conduct Authority (FCA).
The number of companies in Scotland filing for administration during H1 2024 has dropped by 15% compared to the corresponding period last year, according to figures from Interpath Advisory.
A fund to help businesses, charities and other organisations adopt fair work practices has opened for applications and has been launched at McAllister Litho Glasgow.
A Former Dundee pub boss has been banned by The Insolvency Service from acting as a company director for 11 years due to misuse of Covid bounceback loans (BBL).
Lloyds Banking Group reported a half-year pretax profit of £3.32 billion, a decline from the previous year due to increased costs and shrinking net interest income.
Scottish Enterprise has announced a new support programme for businesses ready to undertake capital investment but looking to develop leaders, change business processes as well as improve digital systems to maximise impact.