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Apollo Global Management has withdrawn its fifth proposal to acquire Aberdeen-based energy services company Wood Group, causing the company’s share price to drop to 135p on Monday morning, which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.
Fiona Cameron, banking partner in Shoosmiths’ Glasgow office, examines the significance of the recently passed Moveable Transactions (Scotland) Bill and outlines why it’s likely to be welcomed by Scotland’s banking practitioners and lenders.
Armstrong Gardens and Landscapes, an Edinburgh-based garden design and build specialist, has bounced back from the pandemic to report a record turnover of more than £1 million.
The Sustainable Aquaculture Innovation Centre (SAIC) has announced support for a further six innovation projects valued at £2.5 million, taking its total investment in research and development initiatives to 100 projects.
The Highlands experienced a record year for its screen industry in 2022, with a direct spend of over £3 million from national and international productions.
Asset management firm abrdn has appointed Anne Breen as head of real estate, as the company moves towards a simplified focus on growth by dividing its real assets division into real estate and infrastructure.