News

Aberdeen-headquartered drilling waste management firm TWMA has posted earnings of $18.3 million (around £14.4m) and EBITDA of $4.7m (around £3.7m), for the first quarter of 2024. The company's continued growth has been reinforced by a new multi-million dollar, two-year contract in the UA

Business confidence in Scotland was the joint highest of any UK nation or region in May, according to the Bank of Scotland Commercial Banking.

Scottish commercial property investment reached £360 million in the first quarter of 2024, according to Colliers’ latest Scottish snapshot. Whilst volumes have dropped from the final quarter of 2023 (£420m), the Q1 figure marks a 44% uplift on the same period last year.

A German businessman has won the right to use Donald Trump's name on condoms after a dispute over trademark rights at the former president's Scottish golf resorts. Frank Lindner sought to trademark the name “Trump” for various products, including beers, wines, and contraceptives. Tr

Scottish savers have opened more Junior ISAs (JISAs) than the rest of the UK in the last five years, according to Scottish Friendly’s latest Investor Index.

Dubai-based engineering firm Sidara has made a fourth and "final" takeover bid for Aberdeen-headquartered Wood Group.

Glen Moray single malt Scotch whisky has taken a swing at the world of golf, becoming the new official whisky of the Senior Open. The three-year, six figure partnership will commence this summer when the prestigious championship – Europe’s only senior major – returns to the home of

Family-owned Ian Macleod Distillers has shared an update on the progress of its new single malt whisky distillery – Laggan Bay. The new distillery is a partnership with The Islay Boys, whose newly completed brewery sits next to the distillery at Glenegedale, close to Islay’s beautiful La

As Scotland's major cities prepare to implement low emission zones (LEZs) on 1 June, a Scottish accountant has expressed concerns about the potential economic impact on businesses. Euan Fernie, partner at MHA in Edinburgh, believes that while improving air quality is crucial to the environment and p

Michelle Elliot and Callum Carmichael of FRP Advisory, have been appointed joint administrators to Ritchies HGV Training Centre Limited manage its administration.

FinTech Scotland’s Financial Regulation Innovation Lab (FRIL), a collaborative effort between FinTech Scotland, the University of Strathclyde and the University of Glasgow, has announced the conclusion of its first innovation call focussed on "Simplifying Compliance through the Application of

AM Sci Tech, a subsidiary of Hurstwood Holdings, has appointed Jenn Foster as commercial lettings manager, strengthening its lettings and management team at Aberdeen Energy and Innovation Parks. Ms Foster brings a vast array of experience and knowledge from the oil and gas and property sec

Scottish home furnishing specialist Sterling Furniture Group has reported a £28 million increase in turnover and £4m drop in pre-tax profits for the 18-month period up to August 2023. The business' latest accounts point to a challenging period when trading was adversely hit by the combin

A construction worker from Virginia in the United States has won $1 million (around £0.8m) after playing Powerball. Nicholas Perez from Burke didn’t hit the $1 billion (£800m) jackpot in the 1 April Powerball drawing, but he still walked away a millionaire. Perez won the second-tie

Following growth of 0.1% in February, Scotland’s onshore GDP grew by 0.4% during March 2024, according to statistics announced by the Chief Statistician. In the first quarter of 2024 – the three months to March – GDP is estimated to have grown by 0.7% compared to the previous three