News

RBS-owner NatWest Group has repurchased £1 billion worth of its shares from the UK government, further reducing the Treasury's stake in the bank from 14.2% to 11.4%. This marks a significant reduction in the Treasury's holding, which stood at approximately 38% in December 2023. The government

Scottish influencer and entrepreneur Robin James, known online as Man For Himself, has secured a £70,000 loan from the Investment Fund for Scotland to expand his men's haircare brand, Anforh. Mr James, who boasts an online following of over 620,000, launched Anforh last year after spending ove

Scotland’s hotel sector has outperformed the wider UK hotel industry in September, continuing the positive trend seen throughout 2024, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy of Scottish hotels was up fro

RMT Accountants & Business Advisors, a member of the Sumer Group, has acquired specialist restructuring practice KSA Group, which has offices in Edinburgh and Berwick, for an undisclosed sum. The KSA Group specialises in pre-insolvency solutions and works with the directors and owners of struggl

Wbg has opened a new office in Prestwick to offer expert business advice to local companies. Located at 104 Main Street, the office is serviced by a dedicated senior team which includes business advisory director Andrew Flinn. The team will be supported by the Wbg partner group who are looking forwa

Ledingham Chalmers has announced senior leadership changes as it celebrates record turnover of £14.3 million, its highest since becoming an LLP in 2006. The Aberdeen-headquartered law firm broke its turnover record for a third consecutive year, with a 7% year-on-year increase from £13.4m

An American court has overturned a long-standing rule that engagement rings in failed relationships should go to the party who was wronged. Until now, judges in Massachusetts had to decide who was at fault for the breakdown in a relationship and allow them to keep the ring, The Boston Globe reports.

Shares in Aberdeen-based energy firm Wood Group have plummeted by over 50% on Thursday after it reported a significant loss in its third quarter results and that it would commission an independent review by Deloitte. The Aberdeen-based company, which employs 35,000 people globally, announced a &poun

International real estate advisor Savills, on behalf of Park Holidays UK Ltd, has sold the freehold of Turnberry Holiday Park in Girvan, Ayrshire to Turnberry Holiday Park (Scotland) Ltd, for an undisclosed price.

Deloitte has announced the winners of the 2024 UK Technology Fast 50 awards, with two Scottish companies among the ranking, and a Glasgow company placing third in the CleanTech category. The awards recognise and rank the 50 fastest-growing technology companies in the UK based on average revenue grow

Edinburgh-based payment orchestration provider BR-DGE has appointed Chun Ong as chief operating officer. Mr Ong joins BR-DGE amidst a period of rapid expansion for the company, which processes millions of transactions monthly for clients in travel, ecommerce, gaming, and other sectors.

Armstrong Watson, has launched a comprehensive cyber security solutions service to help businesses navigate the complex landscape of cyber risk and enhance their cyber security measures. Paul Dickson, CEO and managing partner of Armstrong Watson, emphasised the importance of proactive cyber security

Blackadders LLP has moved into its new office space in the heart of Dundee city centre.

Macdonald Henderson has announced the acquisition of Ferguson Whyte Solicitors. Ferguson Whyte is one of the longest established firms of solicitors in the west end of Glasgow, offering a wide range of private client and property services to individuals, couples and families.

BDO LLP has announced the promotion of 70 employees across its Scottish offices, with 40 promotions in Glasgow and 30 in Edinburgh. The firm has promoted over 2,400 of its people across the UK, including 36 new partners. The promotions came into effect on 1 November.