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Edrington, owner of whisky brands such as The Macallan and The Famous Grouse, has named former Aggreko finance chief Angus Cockburn CA as its next chair ahead of Crawford Gillies' retirement. Mr Gillies will step down from the Edrington board on 31 March 2025 after eight years’ service. During

A portrait of Alan Turing by Ai-Da, which is described as the "world's first ultra-realistic artist robot", has sold for over £800,000 at a Sotheby's auction in New York. The 2.2 metre tall artwork, titled A.I. God. Portrait of Alan Turing, smashed pre-sale estimates of $120,000-$180,000,

Bitcoin has surged above $80,000 (c. £62,000) for the first time, following last week's US election result. This follows US President-elect Donald Trump's campaign promises to make the US "the crypto capital of the planet" by creating a strategic bitcoin reserve and appointing crypto-friendly

US oil company Apache has announced its intention to cease oil production in the UK North Sea by 2030. The decision comes as a direct response to the UK government's increased windfall tax on energy producers, which Apache deems makes continued investment in the region uneconomical.

The statistics in Scotland’s fintech sector are impressive. The industry has only realised its significant potential since the 2010s with the advent of mobile technology, cloud computing and the big data revolution – but is now a part of our lives through daily engagement with open banki

Stirlingshire-based Graham's Family Dairy has secured a major deal with Costco, the world's third-largest retailer. The agreement will see Graham's popular Strawberry Protein 25 pouches stocked in multipack form across Costco's UK, Iceland, and Swedish stores. This marks the first time the product w

RBS-owner NatWest Group has repurchased £1 billion worth of its shares from the UK government, further reducing the Treasury's stake in the bank from 14.2% to 11.4%. This marks a significant reduction in the Treasury's holding, which stood at approximately 38% in December 2023. The government

Scottish influencer and entrepreneur Robin James, known online as Man For Himself, has secured a £70,000 loan from the Investment Fund for Scotland to expand his men's haircare brand, Anforh. Mr James, who boasts an online following of over 620,000, launched Anforh last year after spending ove

Scotland’s hotel sector has outperformed the wider UK hotel industry in September, continuing the positive trend seen throughout 2024, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy of Scottish hotels was up fro

RMT Accountants & Business Advisors, a member of the Sumer Group, has acquired specialist restructuring practice KSA Group, which has offices in Edinburgh and Berwick, for an undisclosed sum. The KSA Group specialises in pre-insolvency solutions and works with the directors and owners of struggl

Wbg has opened a new office in Prestwick to offer expert business advice to local companies. Located at 104 Main Street, the office is serviced by a dedicated senior team which includes business advisory director Andrew Flinn. The team will be supported by the Wbg partner group who are looking forwa

Ledingham Chalmers has announced senior leadership changes as it celebrates record turnover of £14.3 million, its highest since becoming an LLP in 2006. The Aberdeen-headquartered law firm broke its turnover record for a third consecutive year, with a 7% year-on-year increase from £13.4m

An American court has overturned a long-standing rule that engagement rings in failed relationships should go to the party who was wronged. Until now, judges in Massachusetts had to decide who was at fault for the breakdown in a relationship and allow them to keep the ring, The Boston Globe reports.

Shares in Aberdeen-based energy firm Wood Group have plummeted by over 50% on Thursday after it reported a significant loss in its third quarter results and that it would commission an independent review by Deloitte. The Aberdeen-based company, which employs 35,000 people globally, announced a &poun

International real estate advisor Savills, on behalf of Park Holidays UK Ltd, has sold the freehold of Turnberry Holiday Park in Girvan, Ayrshire to Turnberry Holiday Park (Scotland) Ltd, for an undisclosed price.