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Scotland’s first minister yesterday admitted that the northeast oil and gas sector is in crisis after industry giant BP announced plans to axe 600 jobs from its North Sea business – a reduction of about a fifth. The global company said the majority of the staff and contractor posts would go this

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Dundee print solutions firm Flint Group has said it is considering closing its Dundee site plunging the fate of more than 100 workers into jeopardy. The company operates one of three global transfer media facilities from premises on the city’s Old Glamis Road.

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Moray Council could become the first Scottish local authority to break the eight year council tax freeze. None of Scotland’s 32 councils have increased tax since the Scottish Governmentintroduced a freeze in 2007.

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Standard Life's Sandy Begbie and Mark Smith welcome the latest young interns to join Standard Life under the Edinburgh Guarantee Scheme. Edinburgh-based insurance giant Standard Life has been awarded the Investors in Young People Gold Accreditation in recognition of its commitment to recruiting, sup

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Aberdeen Asset Management has today announced the completion of its acquisition of Bristol-based Parmenion Capital Partners and its sister company, Self Directed Holdings. Aberdeen said the acquisition was part of its strategy to "capitalise on advancements in financial technology platforms and to b

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Oil giant Petrofac - which employs 1,900 people in the UK, including hundreds in Scotland – is to shed up to 160 jobs. The company said it was integrating its services into a single business to ensure it remained "competitive and sustainable against a challenging industry backdrop".

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