News

OIL MIST SOLUTION POWERS COMPLIANCE LEV TOWARDS ANOTHER SPECTACULAR YEAR

A Scottish firm which is helping manufacturers cut costs, dramatically reduce energy usage and improve health in the workplace is on target to achieve a remarkable 90% growth rate in the 12 months to June this year. The spectacular growth trajectory by Ayrshire-based Compliance LEV, which specialises in Local Exhaust Ventilation (LEV), comes on the heels […]

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RETAIL CHAIN IN STRENGTHENED POSITION DESPITE DROP IN PROFITS

Home Bargains is in a “strengthened” financial position despite its profits being cut by more than £100m during its latest financial year. The Liverpool-headquartered discount retailer has posted pre-tax profits of £293.1m for the 12 months to June 30, 2022, down from £396.7m in the prior year. However its turnover, according to newly-filed documents with

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STUDENT RENTS SEES A BOARDROOM RESTRUCTURE

Student Rents, the Edinburgh-based SaaS rental platform, has appointed Jamie Stewart as its new chief executive after closing a £470,000 Crowdcube seed round. Stewart, 19, steps up from chief brand officer and replaces his father Grant MacCusker, who becomes non-executive chairman as the company prepares for major growth on the back of the investment.  The pair

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EDISON GROUP INTRODUCES A FOUR DAY WEEK FOR ALL EMPLOYEES

Edison Group, the fast-growing Irvine-headquartered construction property and investment business, has become a convert to the principle of the four-day working week for all employees. The new regime, which will guarantee all sixty Edison Group employees three days off each week,: Friday, Saturday and Sunday, or Saturday, Sunday and Monday, while maintaining existing salary levels,

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GREENOCK OCEAN TERMINAL GEARS UP FOR A RECORD CRUISE SHIP YEAR

One of Scotland’s main cruise ports is set to experience its busiest year since records began. Greenock Ocean Terminal has 91 cruise liners booked into the Inverclyde town’s new dedicated pontoon across 2023, a rise of over 25 per cent on last year. As many as 150,000 passengers and 38,000 crew members are expected to

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FAMILY RUN BRAND BREAKS INTO RETAIL FOLLOWING FOODIE SUCCESS

Co-owners of FreshMex Chris Moult (left) & Robbie Moult (right) The surge in demand for its Mexican mixes has prompted a thriving family-owned brand to make a significant six-figure investment into three new products fit for supermarket shelves.  Run by two Scottish brothers, FreshMex has taken on the retail sector with the creation of two natural

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GLOBAL GAMES DEVELOPER OPENS NEW STUDIO IN NEWCASTLE

Left to Right: Nikolaos Grammatikos, Steven Hutton, Giselle Stewart, Peter Young and Rob Fey A studio which forms part of global games giant Sega is launching a base in Newcastle with plans to create 100 skilled jobs. The Creative Assembly Ltd, part of Sega Europe Ltd and creators of the multi-award-winning Total War Franchise, Halo

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TALKTALK APPOINTS NEW CHIEF FINANCIAL OFFICER AMID TEAM SHAKE UP

TalkTalk has announced the appointment of James Smith as its new chief financial officer. The Salford-headquartered communications giant said Mr Smith will join the company in the coming months. The new CFO has spent the last nine years in the same role at FTSE 250-listed Capricorn Energy, prior to that he had a career in

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EDINBURGH HOSPITALITY VENUE TOASTS RECORD BREAKING YEAR

One of Scotland’s top hospitality businesses has reported a record-breaking year, achieved despite the significant challenges facing the industry.  Surgeons Quarter, which promotes, sells and manages all commercial activities held within The Royal College of Surgeons of Edinburgh (RCSEd) campus, has seen turnover hit £9.24 million across its portfolio, surpassing pre-pandemic levels. Despite revenue sitting

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