News

Port of Aberdeen, the UK's oldest existing business, has announced a turnover of £50.7 million and a pre-tax profit of £16.5m for 2024. This marks the first full year of operations since the opening of its £420m South Harbour expansion, which has significantly contributed to the po

Aberdeen-based Wood Group has seen the deadline for a potential takeover by Dubai-headquartered Sidara extended for a third time.

ScottishPower's parent company, Iberdrola, has agreed to sell its UK smart meters business, SP Smart Meter Assets (SPSMA), to the Australian financial services group Macquarie in a deal valued at approximately €1,060 million (c. £900m). The transaction is currently awaiting approval from

Burness Paull acted as lead UK legal advisers to K-Bro Linen Systems on its £107.2 million acquisition of Star Mayan.  K-Bro, an international owner and operator of laundry and linen processing facilities already has a strong UK presence through its Fishers and Shortridge businesses, and

Thorntons is continuing its strategic growth with the appointment of Ricardo Matteo as a partner in the firm’s newly established banking team. His addition further broadens Thorntons’ corporate and commercial offering and follows the firm’s recent merger with Macnabs.

Gillies & Mackay (G&M), a family-run business in Perthshire with over 30 years of experience in crafting high-quality sheds and garden buildings, has secured a £200,000 loan facility from Royal Bank of Scotland (RBS).

Scotland is set to implement a new six-point export plan aimed at bolstering trade and assisting companies in navigating global challenges. Announced within the First Minister’s Programme for Government, a key element involves creating a dedicated US Export Plan to pinpoint promising American

The UK economy demonstrated its strongest growth in a year during the first quarter, expanding by 0.7% and surpassing City forecasts. This unexpected upturn was significantly driven by businesses increasing investment and exports, reportedly to pre-empt the impact of anticipated US tariffs under Don

Award-winning Scottish drinks producer Bothy Trading has secured a significant retail partnership with the Co-op, stocking its Hipflask Spirits and Gunshot Whisky in 107 stores across Scotland. The deal marks the second national retail listing for the Hipflask brand, which also launched in select Mo

Scotland's burgeoning offshore wind sector, a global leader with a pipeline exceeding 40GW, faces a critical juncture, the chief executive of Scottish Renewables has warned.

An optician's shop called the "Spex Pistols" has been forced to rebrand following legal action from the punk band that inspired their name. The store in Dundee has changed its name and logo after more than 15 years, The Courier reports.

The Scottish National Investment Bank will not be able to end its reliance on public funding unless ministers can make a case for UK Treasury rules to change, Scotland's Auditor General has said. The bank was launched in 2020 to independently invest in commercial projects that will help address the

Glasgow MSP Ivan McKee has praised Glasgow Kelvin College for its "crucial role in preparing Scotland’s future workforce" following a visit to its Springburn Campus to see the college’s pioneering work in green skills, engineering, and inclusive education. The Minister for Public Finance

Ralph Sayer, the Edinburgh-based solicitors and estate agents, is targeting continued growth with the appointment of two senior members of staff. Kimberley Mackay has joined as a partner to head up a new private client division of the business, while the team has been further bolstered with the

A new £1.3 million coopering facility, Trossachs Cooperage, is set to launch in Callander, Stirlingshire, this May, heralding a significant vote of confidence in Scotland’s whisky industry. Johnston Carmichael has played an instrumental role in bringing the venture to fruition by connect