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Aberdeen-headquartered Wood Group has announced the sale of two non-core businesses, EthosEnergy and CEC Controls, expected to generate net proceeds of approximately $165 million (c. £125m) in 2024.

A man has spent £30,000 building his own canal in his garden – complete with a functioning lock system and a narrowboat converted into a swimming pool.

Scottish luxury brand Strathberry has appointed Martin Byrne as its new managing director as it aims to quadruple its turnover in the next three years. Byrne, who brings a wealth of experience from leading roles in high-end consumer brands, will join the company in November, working closely with fou

Scotland's onshore GDP saw a slight decline of 0.3% in June, following a 0.2% growth in May. The overall picture for Q2 remains positive, with 0.6% growth, compared to Q1's 0.5%. The largest contribution to headline GDP in was electricity & gas supply, which contributed 0.3 percentage points to

City leaders have expressed concerns over the Prime Minister's warning of a "painful" Budget this autumn, urging caution against "punishing risk-takers" and "taxing wealth creators". In his first major speech from No 10's Rose Garden, Prime Minister Keir Starmer revealed that public finances are "wo

Rangers board sources have denied rumours of an imminent multi-million-pound takeover by American investors. American investors have been reportedly considering a potential takeover of Glasgow Rangers Football Club, valuing the club at approximately £150 million, City A.M. said on Tuesday.

Scottish technology services company Waracle has appointed David Tuck as its new CEO, effective from early September. Mr Tuck, previously the group chief executive Europe at Kin + Carta, brings 25 years of experience in the tech sector to the role.

Complaints about financial products have increased by 70% year-on-year, reaching 74,645 cases in the first quarter of this fiscal year alone, according to the Financial Ombudsman Service (FOS). This is up from 43,953 complaints reported in the same period in 2023/24.

Scottish Enterprise delivered record performance during the last fiscal year, having working with over 1,300 companies, aiding with growth and contributing significantly to the country's economic transformation. The national economic development agency secured over 16,700 new and safeguarded jobs, i

Accountancy and advisory firm Azets, which has its largest UK office in Braehead, has agreed to acquire Paisley-based chartered accountancy and wealth manager Milne Craig for an undisclosed sum. The historic Renfrewshire firm was founded over a 100 years ago and has established an excellent reputati

Chivas Brothers, Pernod Ricard's Scotch whisky arm, has posted its 2024 full year results revealing a decline in net sales of -1.6%, but a strong rebound in the second half. The results reflect stabilisation against a record prior year, with a -6% dip in H1 offset by +5% growth in H2. Favourable pri

Web and software development specialist Hybrid Anchor has acquired Edinburgh-based tech support firm Off Canvas in a deal which is expected to create 40 jobs in the next three years. The move comes as the Coatbridge company marks its third year in business, with a variety of key roles set for both t

A group of major shareholders in the PRS REIT, which invests in new-build family homes for the private rental market, have called for the removal of the board chair and a non-executive director.

Unity Trust Bank has posted strong half-year results as it celebrates its 40th anniversary. Net lending increased to £1.032 billion, with 40% of loans allocated to organisations in areas of high deprivation, 57% specifically supporting disadvantaged or marginalised groups, and 59% going to org

The Scottish Retail Consortium has called for injecting greater certainty into fiscal plans, spending restraint rather than tax rises, and tax competitiveness as central focus points in the upcoming Scottish Budget. In its Budget submission – entitled Realising The Growth Ambition – sent