Wbg has launched a new technology services offering to support its client base of UK SMEs. As part of its growth strategy and investment in technology solutions to enhance the client experience, the launch of Wbg Technology Services, in partnership with its information and communication technology s
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The potential takeover of Aberdeen's Wood Group by the Dubai-based conglomerate Sidara is set to generate more than £100 million in fees for City advisers, even as the deal risks collapse.
Businesses could be at risk of failure to prevent fraud if they don’t meet new compliance requirements, a senior accounting professional has warned. David Houghton, head of forensic accounting at Azets, gave the warning after the new Economic Crime and Corporate Transparency Act (ECCT A
Port Glasgow-headquartered McLaren Packaging Group has promoted Andrew Rennie to finance director as it strengthens its board for a new period of growth. Mr Rennie joined McLaren from Coretrax, the oil and gas global innovation leader enabling efficient and sustainable well lifecycle solutions, wher
Ben Zielinski and Sophie McNally say the UK government's proposed overhaul of payment practices could rebalance the landscape in favour of small businesses. Late payments have long undermined small businesses. According to the government, they cost the UK economy an estimated £11 billion annua
A bookkeeper has been jailed after stealing from her employers for a fifth time. Natalie Taylor, 42, was given a four and a half year sentence when she admitted embezzling £90,000 from a machinery supplies firm.
The UK's construction sector saw its rate of decline slow in August, but activity remains deep in contractionary territory as experts warn that political and economic uncertainty is severely hampering investment and recovery prospects.
Chartered Accountants are Scotland’s most trusted professionals, according to new research conducted by Edelman DXI for Chartered Accountants Worldwide (CAW). The biennial Trust Survey found that 87% of senior business and finance decision-makers in Scotland trust Chartered Accountants “
Regional private equity and infrastructure investment manager, Foresight Group, has announced a £3 million investment into MyWay Digital Health Ltd (MWDH), a digital healthcare solutions provider dedicated to reducing the burden of chronic disease, with a particular emphasis on diabetes. Spun
The UK’s new Failure to Prevent Fraud (FTP) offence came into force yesterday but many Scottish businesses remain underprepared to comply with their legal obligations, according to Dentons. Discussions with industry and informal research conducted by the firm from February through to June 2025
Law firm MBM Commercial has appointed Jamie Nellany as the firm’s head of restructuring and insolvency. In this new role for the firm, Mr Nellany will deliver advice on a full range of restructuring and insolvency matters to the firm’s corporate and commercial clients. He will be based i
Sidara has tabled a formal £216 million bid to acquire the Aberdeen-based energy services giant Wood Group, valuing the company at 30p per share.
Aberdeen-based engineering firm Wood Group has sold its North American Transmission & Distribution business to power solutions group Qualus for $110 million (c. £82m).
Scotland and the Kyrgyz Republic are exploring opportunities for collaboration in aquaculture following a high-level meeting between the Kyrgyz Ambassador and the head of Salmon Scotland. His Excellency Ulan Djusupov, Ambassador of the Kyrgyz Republic to the UK, met with Tavish Scott, chief executiv
Alistair McAlinden and Geoff Jacobs, managing directors at Interpath, have been appointed as joint administrators of M Squared Lasers Limited, the first company to receive backing from the Scottish National Investment Bank. Headquartered in Glasgow, M Squared was established in 2006 as a photonics a
