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Wood Group's wholly-owned subsidiary, JWG Investments Limited, has agreed to sell its 50% stake in RWG (Repair & Overhauls) Limited to its joint venture partner, Siemens Energy, for a cash consideration of $135 million (c. £100m). The transaction is a key part of Wood's previously announce

Royal Bank of Scotland-owner NatWest Group PLC has reported strong first-half results, with attributable profit for the six months to June climbing 28% to £2.5 billion. Operating profit before tax reached £3.6bn, up from £3.0bn in the same period last year. This performance was dri

The Financial Conduct Authority (FCA) has revealed that while rising motor insurance premiums are largely driven by external cost pressures, shortcomings persist in how some insurers handle claims.

The number of overdue invoices on the books of Scottish businesses hit more than 1.8 million in Q2 2025, according to new research from R3. The restructuring, turnaround, and insolvency trade body's analysis of data provided by Creditsafe shows there were 1,820,706 overdue invoices on the books of S

Mark Bickford explores how social investment is transforming supported housing in Scotland, enabling charities to move from renting to owning properties, and providing far greater stability for vulnerable individuals. Scotland is witnessing a steady rise in the demand for supported housing. In 2023-

Enquiries from prospective house buyers in Scotland accelerated at the quickest rate seen in nearly four years last month, according to the latest Royal Institution of Chartered Surveyors (RICS) residential market survey.

Deloitte’s latest survey of UK chief financial officers shows that finance leaders see the UK as the most attractive destination when it comes to investment, alongside India, with a net 13% describing it as very or somewhat attractive. The survey – which took place between 16 and 29 June

The Scottish residential market has demonstrated remarkable resilience, with sales of homes valued at over £1 million reaching a new peak in 2024, according to estate agency Rettie. The report suggests that the growth growth, led by Edinburgh and the East of Scotland, signals a renewed confide

Dundee construction firm Kilmac has announced a record-breaking year, with profits soaring on the back of several major school construction projects.

The outlook for the Scottish and UK economies has weakened, with growth now expected to remain sluggish through the rest of 2025, according to the Fraser of Allander Institute at the University of Strathclyde. In its latest quarterly Economic Commentary, the Institute has downgraded its forecasts fo

The pound sterling has experienced for its most significant weekly advance against the dollar in almost four months on Friday, trading near a peak not seen since late 2021. The rise to over $1.37 is attributed more to a general weakening of the US dollar than to inherent strength in sterling. I

Harper Macleod has recorded turnover of £43.5 million for the year to 31 March 2025, an increase of nearly 20% compared to the previous 12 months (£36.5m).  Headcount across its five offices in Glasgow, Edinburgh, Inverness, Elgin and Lerwick also increased to 466 from 446 in the pr

Scotland saw a 13% increase in company insolvencies in May 2025 compared to the same period last year, reaching a total of 133. This rise was primarily driven by an increase in compulsory liquidations, which accounted for 72 cases. The remaining insolvencies included 56 Creditors' Voluntary Liquidat

As the public consultation on the Charities SORP 2026 ends, the Institute of Chartered Accountants of Scotland (ICAS) has called for further action to ease the growing reporting burden on charities. Christine Scott, head of charities and reporting at ICAS said: "The proposed changes offer more clari

Average property prices in Scotland's housing market rose to £191,000 in April 2025, marking a 5.8% increase compared to April 2024, new figures from the latest UK House Price Index (HPI) have shown.