North Ayrshire Council has granted full planning permission to XLCC’s high-voltage direct current (HVDC) subsea cable manufacturing operations at a brownfield site in Hunterston, Scotland.
Property management firm LOMOND has expanded its footprint in Scotland with the acquisition of Purplebricks’ entire Scottish rental portfolio for an undisclosed sum.
Scottish firms, once profitable but financially strained during the COVID-19 pandemic, are now feeling the pinch of a cost-of-living crisis, leading to record levels of insolvency activity, according to Wylie & Bisset, an accountancy and business advisory firm.
Perth-based power generator and network operator, SSE, has revealed a near doubling of annual profits, driven by surging energy prices which fuelled a boom for its gas-fired power plants.
Engineering firm, Brimmond, is celebrating a record financial year, having realised a turnover of £6.5 million, marking a 10% increase from the prior year.
April witnessed a significant surge in insolvency-related activities in Scotland, the highest this year, new research by R3, the insolvency and restructuring trade body, has revealed.
PwC’s Good Growth for Cities Index shows three major Scottish cities improving their performance in the rankings of UK cities against last year’s Index.
Scottish seaweed supplement manufacturer, Doctor Seaweed, has announced plans for global expansion after attracting interest from major retailers in Europe and North America.
Equity investment for Scottish businesses has hit an all-time high of £953 million in 2022, up by 26% from £754m the previous year, according to a report from Scottish Enterprise.
Scottish salmon exports to Asia have seen a significant increase, doubling to £24 million in Q1 2023, owing to an upsurge in demand from China, Taiwan, Singapore, and South Korea.