News

Nationwide, the UK's largest building society, has proposed to offer of 218p per share in cash for the takeover of Clydesdale Bank-owner Virgin Money UK, valuing the deal at £2.9 billion.

The Highlands and Islands Airports Limited (HIAL) board has announced the appointment of Paul Kelsall as its new chief executive officer. Mr Kelsall, who has a wealth of knowledge and extensive experience in the aviation sector will join HIAL on 20 May 2024.

A sword from the Battle of Culloden is set to go under the hammer in Edinburgh next week. Auction house Bonhams has estimated the value of the 18th-century basket hilt broadsword, carried by clansmen loyal to Bonnie Prince Charlie, to be between £500 and £800, the BBC reports.

The Scotch Whisky Association (SWA) has applauded the Chancellor Jeremy Hunt's decision to extend the alcohol duty freeze until February 2025, stating that a duty rise would have been detrimental to the industry, its supply chain, consumers, and the wider economy amidst ongoing efforts to curb infl

Beeks Financial Cloud Group Plc, the Braehead-based cloud computing and connectivity provider for financial markets, has reported its revenues surged 25% to £12.96 million, up from £12.96m, in its latest results for the six months ended 31 December 2023. Annualised Committed Monthly Recu

The Game & Wildlife Conservation Trust (GWCT) Scottish Game Fair (SGF) is poised to contribute £5 million to the local Perth economy as it marks its 35th anniversary at Scone Palace this July. Welcoming over 30,000 visitors annually from across Scotland, England, and Wales, the SGF has bec

Harland & Wolff Group Holdings plc, an engineering firm specialising in strategic infrastructure projects and physical asset lifecycle management, has landed a contract to fabricate subsea structures at its Isle of Lewis site for a global oil services company. The five-year master services agree

Perth-based Morris Leslie Plant Hire has kicked off its 50th birthday celebrations with a £68 million investment in a fleet of new JCB machines. The deal comes less than a year after Morris Leslie Plant Hire ordered £87.5m worth of JCB machines. The new fleet will all be supplied through

Aerospace, defence and nuclear engineering firm Babcock International Group has announced it is set to generate over 1,000 new jobs at its advanced manufacturing and shipbuilding facility in Rosyth.

Scottish pensions solutions provider Yorsipp is celebrating International Women's Day this week by showcasing the leadership of its managing director Kirsty Gallagher. Ms Gallagher's journey with the company, which began in 2006 as the office manager when the business consisted of only 5 individuals

Property firm Lomond Group, which has completed over fifty acquisitions since 2021, continued its expansion in Scotland with the acquisition of Tay Letting. The firm, which has offices in Glasgow, Dundee, and Edinburgh, will become part of the DJ Alexander brand and substantially increase the f

Edinburgh-based Corran Capital has secured £80 million for its second fund, Corran II, dedicated to investments in clean energy and climate-focused companies throughout the UK. The specialist clean energy private equity firm has invested part of the funding to acquire a 30% stake in Vital Ener

The Scottish Retail Consortium has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors.

Ahead of tomorrow's Spring Budget, the annual CBI-Fraser of Allander Scottish Productivity Index is published today with a call for businesses and the Scottish and UK governments to work together to unlock investment, build sustainable growth, and to help Scottish firms achieve success globally. The

A forthcoming report from the Building Societies Association (BSA) highlights the urgent need for substantial changes in the current housing market to facilitate the entry of prospective first-time buyers onto the property ladder, without compromising the prospects of future generations of homebuye