Aberdeen Investments has finalised the sale of its stake in aventron Norway to SEB Nordic Energy. The transaction was executed through Aberdeen's SL Capital Infrastructure I fund, with SEB acquiring the holding via its portfolio company, Locus Energy.
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Glasgow 2026 Vice-Chair Ian Reid has opened up about the lean commercial strategy behind the Commonwealth Games that redefined sporting finance and major events. Mr Reid explained the team had just 18 months to get the competition ready, compared to the standard five to six years usually granted to
Former employees of BGL Contracts Ltd are preparing to commence a protective award claim following the company's collapse into administration and the loss of jobs. BGL Contracts Ltd, a Glasgow-based electrical fit-out contractor providing subcontracting services to clients across the leisure, hospit
Professional services firm, AAB, has announced the promotion of three directors to partner, effective from 1 July 2026. Natalie Boyle (Glasgow), Graeme Robertson (Aberdeen) and Gregor McCallan (Aberdeen) have each been promoted to partner. The promotions are part of over 70 progressions for team mem
The Institute of Chartered Accountants of Scotland (ICAS) has announced the winners of its annual CA Rising Stars competition, recognising the brightest young talent from across the global accountancy profession. At a prestigious awards ceremony at London’s Oxo Tower, Jemima Jacobs CA –
A growing number of Scottish businesses say trading conditions are deteriorating, according to fresh data from MFMac’s business sentiment tracker, The View. The biannual survey of Scottish corporates found that one quarter (25%) of respondents said their most recent financial year had gone wor
New lending data from Funding Circle has signalled a shift in how SMEs use external finance, with borrowing for tax payments, working capital and debt refinancing all rising significantly, while growth-focused lending loses ground. The findings, based on analysis of 2025 data, carry practical implic
The Bank of England (BoE) is minded to hold interest rates steady despite the inflationary pressures triggered by the Middle East conflict, as Governor Andrew Bailey confirmed that the withdrawal of anticipated rate cuts has already effectively tightened monetary policy. Speaking at the Reykjav&iacu
Sumer, one of the UK’s largest accounting firms, has paused its potential £1 billion auction despite attracting significant market interest from private equity investors. Founded in 2022 by former KPMG chief operating officer Warren Mead, the firm has rapidly expanded through a consolida
NatWest Group has become the first UK bank to launch a dedicated application to assist homebuyers within ChatGPT. This development allows both existing customers and prospective homebuyers to access tailored mortgage and home-buying guidance directly through the AI platform.
MML Law has advised on the sale of Dundee Press Agency to Hero Media & Entertainment, supporting a significant transition for one of Scotland’s best-known specialist publishing businesses. Founded by Graham Ogilvy more than 40 years ago, Dundee Press Agency has grown into a major publishin
Lloyds Banking Group has completed the first-known experiment into how quantum computing could help to identify money mules, marking a major step in building the skills and technology needed to tackle economic crime in the future. Lloyds Banking Group conducted an experiment that focused on money mu
Firms keen to explore growth in Asia’s largest markets amid the shifting global trade scene are invited to a free advice session focused on China and Hong Kong. Azets is hosting the event at its Glasgow office and has invited a Shanghai-based e
Edinburgh-headquartered Legado has seen triple-digit growth in its customer base over the last twelve months and is approaching half a million users as the financial services sector rushes to adopt more digital infrastructure. The Scottish fintech, which supports financial institutions in modernisin
