With Alasdair Northrop, formerly of Scottish Business Insider, heading up the team, the new paper hopes to fill a gap in the market reporting on small private companies in Scotland as well as publicly-listed companies.

The new paper sees the scope for business coverage in Scotland widen - good news for small businesses with a story to tell and an appetite for profile.

Business 7 will be distributed from rail stations and delivered to offices every Friday morning. The new venture is owned by Trinity Mirror.