News

UK CPI inflation has remained frozen at 3.4% in May, after the Office for National Statistics corrected April's 3.5% reading to 3.4%. Annual food inflation surged to 4.4% last month, a notable rise from 3.4% in April. This was spurred by the fastest-ever recorded increases in the price of sugar, jam

Aberdeen-based Visas2, a newly established company in the global mobility sector, has strengthened its market entry through the strategic acquisition of London-based Visa Group. The move combines proven industry expertise with technological innovation, bringing together Neil Thomson – founder

Businesses with operating leases for offices, warehouses, retail spaces, vehicles and other high-value equipment will soon need to prepare for significant changes that will impact how they are accounted for in their financial statements, according to Armstrong Watson. The majority of businesses will

Aberdeen-headquartered digital twin technology specialist, Eserv, has announced its strategic expansion into the United States. The move furthers the company’s mission to empower asset owners and operators internationally with remote, reality-based decision-making software solutions, specifica

EasyJet has announced it will introduce a new direct service from Aberdeen International Airport to Paris Charles de Gaulle, commencing on 27 October.

Bank of Scotland has appointed David McInally as area director for the North of Scotland, reinforcing its commitment to supporting businesses across the region. Mr McInally, who stepped into the role in June, will lead a team of experienced Relationship Managers supporting businesses in the North fr

Prime Property Auctions has forecast a record-breaking year, marking its third consecutive year of substantial growth since its inception in 2022. The Glasgow-based firm, founded in 2022 by businessmen John Morris and Luis Guarin, anticipates a turnover of £2.4 million by the end of its curren

Average property prices in Scotland's housing market rose to £191,000 in April 2025, marking a 5.8% increase compared to April 2024, new figures from the latest UK House Price Index (HPI) have shown.

Accountants and business advisory firm CT is celebrating after its payroll team has been awarded a "much-coveted" UK industry accreditation standard by the Chartered Institute of Payroll Professionals (CIPP). The team has joined just a handful of Scottish firms in achieving the Payroll Assurance Sch

A TikTok content creator who offers cryptocurrency trading advice was reportedly kidnapped in northern France and held for a €50,000 ransom, only to be released when his abductors discovered he did not have the funds.

The latest round of the Scottish Government’s Ecosystem Fund has attracted a record number of applicants. Aimed at supporting organisations that are driving entrepreneurial growth and innovation across Scotland, the £700,000 fund was launched in early April by Deputy First Minister Kate

The Bank of England is widely expected to keep the Bank Rate at 5.25% in its upcoming meeting, although a minority of Monetary Policy Committee (MPC) members may vote for a reduction. Recent economic data is likely to have bolstered the MPC's confidence that inflation is on a sustainable downward pa

The rate of rent rises in the private rented sector (PRS) has slowed in Scotland, according to DJ Alexander Ltd. The Scottish lettings and estate agency said that the average rate of rent rises in Scotland has fallen to 5.1% to April 2025. This is the lowest monthly figure since November 2022 and is

Global energy sector inspection and technical services firm Fulkrum, which has operations in Aberdeen, has appointed Louisa Poole as its new chief financial officer (CFO) to support the company's ongoing international expansion. With a career spanning almost three decades in wealth management, manuf

An Aberdeen personal trainer has gained £3,000 in grant funding after accessing support from Business Gateway, enabling him to take his business to the next level with his own dedicated premises. Marcus Lee, founder of Hybrid Performance ABZ, helps health-conscious locals improve their well-be