News

Aberdeen-based energy services giant Wood Group has been awarded £100 million, five-year North Sea contract extension by global oil and gas firm Nexen, securing more than 190 jobs. Under the agreement, Wood Group PSN (WGPSN) will continue to deliver operations, maintenance and technical support acr

Social Investment Scotland has completed the divestment of SIS Community Capital, a pioneering social investment fund which raised £400,000 entirely from private investors. Seven social enterprises based in Scotland which are all making significant social and environmental impacts within their loca

Andrew Percy MP A warranty scheme run by ScottishPower has been called a “fraud on the public” after it failed to pay out £75 million to customers.

David Lonsdale Scottish retailer saw sales down in March overall, according to latest industry figures.

UK companies are now more likely to choose a new CEO from outside of the company than ever before, but also more likely to force them out in times of difficulty, according new PwC research. The annual CEO Success Study, carried out by Strategy&, PwC’s strategy consulting business, tracks CEO s

Sarah Speirs Growth in private industrial and infrastructure construction slowed considerably during the first quarter of 2016, according the RICS Construction Market Survey, Q1 2016.

Campbell Fleming Aberdeen Asset Management has announced the appointment of Campbell Fleming as its new global head of distribution.

Unemployment in Scotland rose by 20,000 to stand at 171,000 between December and February, according to latest data released today by the Office for National Statistics (ONS). At 6.2 per cent, the unemployment rate north of the border is above the rate of 5.1 per cent for the whole of the UK.

Average property prices in Scotland fell 1 per cent in February from the previous month – the first monthly drop seen since June 2015. The dip comes despite the strongest February for home sales north of the border since 2008, up 19 per cent year-on-year after a buy-to-let flurry, Your Move figure

Edinburgh-based Tesco Bank is to help more customers access their mortgages by making them available through a new broker service. The Bank, which employs most of its 4,000-strong workforce in Edinburgh and Glasgow, has launched its new intermediary service – Tesco Mortgage Intermediaries – mean

CMS Window Systems managing director, Andy Kerr Window, door and curtain walling designer, manufacturer and installer CMS Window Systemshas been identified as one of the country’s most profitable businesses by being named in 2016’s highly respected Profit Track 100 report by The Sunday Times in

Aberdeen city centreThe regeneration expert appointed to help drive forward the Aberdeen City Centre Masterplan (CCMP) has said the city can compete with world’s best cities for global investment.

Profits at Edinburgh-based private rented sector (PRS) specialist Sigma Capital Group have risen almost ten-fold. The company has posted pre-tax profits of £2.14m for the 2015 calendar year, up from £0.21m a year earlier.

Stephen Acheson Edinburgh-based global investment manager, Standard Life Investments, has created a pensions solutions proposition to deliver innovative new liability aware funds designed to address the needs of Defined Benefit (DB) pension schemes.

Troy Michels, John Peebles, Derek Gardner Edinburgh-based Administrate, an EdTech SaaS solution for training providers and corporations, has appointed Derek Gardner as CFO.