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Shares in the Aberdeen-based Wood Group rose by more than 3% yesterday after the firm moved closer to a potential £1.6 billion take over. Following the Sidara's fourth and final offer of 230 pence per share, Wood's board said it has "decided to engage with Sidara to determine if a firm offer c

Banknotes carrying a portrait of King Charles III have been issued for the first time on 5 June 2024.

A government scheme designed to boost SME exports is being underutilised due to low awareness and poor marketing, according to a business finance specialist at Azets. The General Export Facility (GEF), a relatively unknown but valuable government scheme that is designed to boost Britain’s SME

St Andrews Links Trust has reported a record £44 million in operating revenue and an £11.5m profit for 2023, driven by unprecedented demand across its golf courses and facilities. The historic home of golf saw 283,082 rounds played, an 11% increase on the previous record set in 2019. Cou

Digital bank Monzo has announced its first-ever annual profit, driven by higher interest rates and increased income from transaction fees and subscriptions.

Scottish accountancy firm Wylie & Bisset, backed by N4 Partners, has rebranded as Wbg and expanded its reach across the UK. Following a series of acquisitions and N4 Partners’ recent seven-figure investment to become the majority shareholder of Opulus Financial, the business has opened a n

Law firm CMS has appointed Sally Clark to the firm’s disputes resolution practice in the senior role of Of Counsel. Ms Clark joins from the Crown Office and Procurator Fiscal Service (COPFS), where she developed extensive experience in a wide range of corporate and financial crime cases includ

Aberdeen-based engineering firm Wood Group has rejected a third takeover bid from Dubai-based Sidara.

Government plans to launch an offering of NatWest shares to the general public have been derailed by the imminent general election.

Edinburgh-based Smart Data Foundry is relaunching its synthetic data platform, Aizle, following a period of sustained growth which has seen its client base and team expand in line with growing demand for its services. Aizle, a synthetic data platform designed to accelerate innovation, is unveiling a

Edinburgh-headquartered private bank Hampden & Co has appointed Tracey Davidson as its new chief executive officer. She will succeed Graeme Hartop, who is retiring after an 11-year tenure. Ms Davidson will officially join the bank in the autumn, coinciding with Mr Hartop's departure.

Insolvency expert Chris Bristow compares the various options available to companies facing insolvency, from restructuring debts through a company voluntary arrangement (CVA), to seeking protection via company administration, and last resorting to liquidation if rescue efforts fail. When a company is

A new £5 million investment package has been unveiled to bolster high-growth businesses and entrepreneurs in Scotland. This initiative forms part of the Scottish Government’s ongoing commitment to implement recommendations from the Logan and Pathways reports, aiming to foster a world-cla

Law firm Davidson Chalmers Stewart has appointed Jane Dickers its newest partner. She will be based in the firm’s Glasgow office where she will expand the reach of the dispute resolution team.