News

Aberdeen-based engineering, procurement, and construction (EPC) energy sector services provider Nexos has appointed Scott McGinigal as its new chief executive with immediate effect. Mr McGinigal is a chartered process engineer with more than 30 years of industry experience and brings deep technical

Two Aberdeen locals are set to launch the city’s first ever music week after accessing support from Business Gateway.

BDO LLP has advised on the sale of heating services specialist Saltire Facilities Management Ltd. The company, which is based in Scotland with operations in the Midlands, has been acquired for an undisclosed sum by Daikin Airconditioning UK Ltd – part of Daikin Europe.

Dozens of peacocks and peahens have been reported stolen from the grounds of a luxury hotel. The birds have become an iconic feature of the Ryde Hotel in Walnut Grove, California since their introduction nearly 15 years ago.

UK government borrowing has reached a higher-than-expected £20.7 billion in June, fuelled by soaring debt interest payments that place Chancellor Rachel Reeves under increasing pressure ahead of her Autumn Budget.

The UK government has announced a review of the state pension age and revived the Pension Commission to tackle a looming retirement crisis, amid warnings that future pensioners are on track to be significantly poorer than today's. Work and Pensions Secretary Liz Kendall has initiated the legally req

April’s increased employer costs continued to bite for Scotland’s hoteliers in May, according to RSM’s Hotels Tracker, as room rates increased but profits fell. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows average daily rates (ADR) of occupied

CBRE has advised a premium spirits firm on the acquisition and fit-out of two major new office spaces in London and Glasgow. The real estate advisor supported Suntory Global Spirits across both locations, providing a full suite of services including leasing, turnkey project delivery, and project and

Asset manager Aberdeen has raised £233 million in the first fundraising round for its new abrdn Private Credit SCSp RAIF - Global Fund Finance Fund. The initial funding came from various UK and European pension funds and family offices.

Around 1,500 smaller businesses in Scotland received new financial backing from the British Business Bank in the 2024/25 financial year, in a move expected to generate £800 million in additional turnover. According to the Bank’s second annual Impact Report, the support will provide a &po

Funding to inspire young people to set up their own business has been increased by more than a third. The Entrepreneurial Education Fund 2025-26 will make up to £1.2 million available for courses and projects that will encourage more young people, from a wide range of backgrounds, to choose bu

Borrowers will find it easier to remortgage, saving time and money, under changes confirmed by the Financial Conduct Authority (FCA). The package of measures is part of a series of reforms the regulator is undertaking to mortgage rules to help people navigate their financial lives and support growth

Scottish councils must be more transparent about how much they spend with small businesses, if Scotland is to deliver on its ambitions to increase spending with local firms, new research has revealed. Gaps and inconsistencies in the way local authorities record their spending with small and local co

Several charities across Scotland are set to share in £1 million of surplus funds following the sale of Balmanno House by Blair Milne and James Fennessey, joint liquidators and partners with Azets. Balmanno House, a registered charity located in the West End of Glasgow which had been providing

The Supreme Court has rejected an appeal from Anna Standish, concluding a high-profile divorce battle with her former husband, ex-UBS chief financial officer Clive Standish, over assets worth nearly £80 million. The ruling upholds a Court of Appeal decision that significantly reduced Mrs Stand