News

AMTE Power, the electric vehicle battery maker with a plant in Thurso and ambitious plans for a megafactory in Dundee, is currently engaged in talks with a potential buyer in a bid to rescue the company from its financial woes. The accelerated sale process, initiated on 19 December and spearheaded b

An Italian celebrity is facing a criminal investigation after allegedly implicating his neighbours in the high-profile disappearance of his cat. The disappearance of Hiro, one of three cats owned by Nino Frassica and his family, set the town of Spoleto ablaze last year – not least because the

The COVID-19 pandemic has significantly accelerated the shift towards online banking in the UK, with a notable decline in physical visits to bank branches, according to new research from KPMG.

Elgin-based whisky specialist Gordon & MacPhail has announced the appointment of Phillip White as its new chief executive, effective from early April 2024. Mr White will lead the family-owned company as it moves into its next chapter of development, focusing on international growth of its own br

Acclaimed Scottish spirits manufacturer Gin Bothy, hailing from Angus, is poised to shine on the glitzy stage of Hollywood, with its premium gin earning a coveted spot in the $125,000 (around £98,000) "Everyone Wins" nominee gift bags at the 2024 Oscars. Gin Bothy has been chosen as part of a

Auto enthusiasts and collectors are eagerly eyeing a rare 1966 Ford GT40 MKI Road Car, listed by Mecum Auctions on 2 January 2024, with a staggering estimated value of $7 million (around £5.5m). 

Manchester-based property firm AM Sci Tech, a subsidiary of Hurstwood Holdings, has successfully completed the acquisition of Aberdeen Energy Park and Aberdeen Innovation Park. This landmark acquisition encompasses two expansive science parks in Bridge of Don, North of Aberdeen, comprising more than

Glasgow-based coffee roaster Matthew Algie has formally merged, solidifying its position as a premier coffee roaster in the UK and Ireland. Acquired by Hamburg-based Tchibo in 2016, and Capitol Foods in 2018, the parent company Tchibo, recognising the strong values and reputation for quality and sus

Reinforcing its position in the Scottish events industry, 21CC Group Ltd has acquired award-winning laser and visual installation company funktioncreep in a six-figure deal. This significant addition to the 21CC portfolio aims to elevate the company's capabilities, allowing it to provide compre

Inverness-headquartered RSE has posted revenue of £198 million, 71% higher than the previous year (£115m), in latest its financial statements to March 2023. Operating profit also increased to £14.0m compared to £6.5m in the prior year.

Glasgow-headquartered housebuilder Merchant Homes Partnerships has ceased trading, making 22 employees redundant. Established in 2007 by a highly experience team to provide quality housing, incorporating innovative design, the company is well known and respected in the construction industry, providi

In a challenging conclusion to 2023, Scottish retailers faced a disappointing December as sales figures revealed a decline in real terms.

Scotland's commercial property market witnessed £1.5 billion worth of assets changing hands during 2023, as the market adjusted to the sharp rise in interest rates seen since December 2021, according to research from Knight Frank. The independent commercial property consultancy’s analysi

Aberdeen-based housebuilding firm Stewart Milne Group has collapsed into administration, with the immediate loss of 217 jobs.

The Royal Bank of Scotland's latest Report on Jobs survey reveals a concerning trend in the Scottish job market, with a notable drop in permanent staff appointments during December.