News

Aberdeen's Wood Group has published its delayed financial results for full-year 2024 and the first half of 2025, a crucial step in its proposed takeover by Sidara. For the first six months of 2025, Wood reported a statutory loss for the period of $72 million (c. £55m). Despite the challenging

Scottish cloud computing firm iomart Group has reported a 25% rise in revenue for the first half of the financial year, driven by a major acquisition.

Chancellor Rachel Reeves is reportedly considering a plan to end the windfall tax on North Sea oil and gas producers one year ahead of schedule. The proposal, under discussion ahead of the upcoming Budget, would see the Energy Profits Levy scrapped in March 2029 rather than 2030, Financial Times rep

Hamilton-based business consultancy Inspirent has announced a strategic partnership with Glasgow IT provider Aspen Solutions to deliver expert IT support for companies. The link up with the Glasgow firm comes as part of Inspirent’s expansion into the private sector with a recently-launched sui

Over one million current account switches have taken place in the last year, with consumers increasingly drawn to superior mobile banking apps and better interest rates.

UK pensioners reclaimed £48.5 million in overpaid tax on pension withdrawals in the third quarter of 2025, according to the latest figures from HM Revenue & Customs (HMRC). The data reveals that over 13,700 reclaim forms were processed between July and September, with the average rebate am

Edinburgh’s Smart Data Foundry has announced the launch of the Financial Data Service (FINDS) Fellowships, offering up to £300,000 to support pioneering research to address the UK’s most pressing economic, societal and health challenges. The fellowships aim to empower researchers a

Edinburgh property portal ESPC has revealed the capital’s top-performing rental postcodes for Q3 2025, highlighting where buy-to-let investors are achieving the strongest returns. Using rental data from Citylets alongside ESPC’s latest house price analysis, the report identifies the area

Aberdeen’s housing market contracted by 0.5% as sales grew nearly 13% in the third quarter of 2025, according to the latest report from the University of Aberdeen’s Centre for Real Estate Research. The findings, based on data supplied by Aberdeen Solicitors' Property Centre (ASPC) member

Property firm Rettie has forecast that Scottish house prices are to rise by 3% in 2025, with modestly improving economic conditions underpinning limited growth for the full year.

The Scottish Government recorded a £1 billion underspend in 2024/25 but still needs to move away from short-term measures to address a stark forecast gap between its spending plans and funding, according to Audit Scotland. The watchdog's 2024/25 audit of the Scottish Government's Consolidated

Borrowing by Scotland’s social housing providers has surged over the last year, with total available debt facilities exceeding £7 billion for the first time, the Scottish Housing Regulator has revealed. A new report from the regulator reveals a significant rise in lending, signalling gro

An American lawyer furloughed due to the ongoing US government shutdown has started a side business selling hot dogs. Isaac Stein has launched his self-deprecating "Shysters Dogs" while furloughed from his full-time job at the Internal Revenue Service (IRS), NPR reports.

Aberdeen Group plc has announced it has reached agreement to increase its interest in Tritax Management LLP, one of the UK’s largest logistics managers, reinforcing its commitment to long-term growth and leadership in the UK logistics real estate sector. Following the initial acquisition of a

Phil Anderson Financial Services is celebrating a landmark October after achieving a record-breaking month for new business and securing a prestigious national award for one of its rising stars.