News

Dubai-based engineering firm Sidara has made a fourth and "final" takeover bid for Aberdeen-headquartered Wood Group.

Glen Moray single malt Scotch whisky has taken a swing at the world of golf, becoming the new official whisky of the Senior Open. The three-year, six figure partnership will commence this summer when the prestigious championship – Europe’s only senior major – returns to the home of

Family-owned Ian Macleod Distillers has shared an update on the progress of its new single malt whisky distillery – Laggan Bay. The new distillery is a partnership with The Islay Boys, whose newly completed brewery sits next to the distillery at Glenegedale, close to Islay’s beautiful La

As Scotland's major cities prepare to implement low emission zones (LEZs) on 1 June, a Scottish accountant has expressed concerns about the potential economic impact on businesses. Euan Fernie, partner at MHA in Edinburgh, believes that while improving air quality is crucial to the environment and p

Michelle Elliot and Callum Carmichael of FRP Advisory, have been appointed joint administrators to Ritchies HGV Training Centre Limited manage its administration.

FinTech Scotland’s Financial Regulation Innovation Lab (FRIL), a collaborative effort between FinTech Scotland, the University of Strathclyde and the University of Glasgow, has announced the conclusion of its first innovation call focussed on "Simplifying Compliance through the Application of

AM Sci Tech, a subsidiary of Hurstwood Holdings, has appointed Jenn Foster as commercial lettings manager, strengthening its lettings and management team at Aberdeen Energy and Innovation Parks. Ms Foster brings a vast array of experience and knowledge from the oil and gas and property sec

Scottish home furnishing specialist Sterling Furniture Group has reported a £28 million increase in turnover and £4m drop in pre-tax profits for the 18-month period up to August 2023. The business' latest accounts point to a challenging period when trading was adversely hit by the combin

A construction worker from Virginia in the United States has won $1 million (around £0.8m) after playing Powerball. Nicholas Perez from Burke didn’t hit the $1 billion (£800m) jackpot in the 1 April Powerball drawing, but he still walked away a millionaire. Perez won the second-tie

Following growth of 0.1% in February, Scotland’s onshore GDP grew by 0.4% during March 2024, according to statistics announced by the Chief Statistician. In the first quarter of 2024 – the three months to March – GDP is estimated to have grown by 0.7% compared to the previous three

Royal Mail's parent company, International Distribution Services (IDS), has agreed to a £3.56 billion takeover bid by Czech billionaire Daniel Kretinsky's EP Group. The deal values the company at £5.28 billion, including debt, and would see EP Group acquire IDS for 370p per share.

Talonmore Drinks Company, an Edinburgh-based non-alcoholic spirit business, has secured a major victory in the Scottish Edge competition, receiving funding of £80,000 and the prestigious RBS Scale Edge award. The company impressed judges with its innovative brand strategy and partnerships

A family-run independent pet shop has opened in Aberdeen after the business owner accessed expert support and signposting to funding from Business Gateway. Based in Haudagain Retail Park, Pets & Care offers a wide variety of live animals, pet supplies and services, ranging from food and treats t

Retail sales in the UK have grown at their fastest pace since December 2022 in the year to May, according to the latest CBI Distributive Trades Survey. Selling price inflation also eased to its lowest level since August 2020. However, retailers remain cautious about the future, with expectations of

InvestFife, Fife Council's economic development arm, has showcased the region's top investment opportunities at the UK Real Estate Investment & Infrastructure Forum (UKREiiF).