News

Aberdeen-headquartered energy consultancy Axis, which provides exploration and production, decommissioning and carbon capture and storage (CCS) services to the global energy industry, has been acquired by sustainable solutions provider RSK. Serving the sector since 2001, Axis has worked on 2,400 pro

Gordon McIntosh has assumed the chairmanship of Scottish tidal energy firm QED Naval. Mr McIntosh's is also chairman at Aberdeen International Associates and a director of Aberdeen Renewable Energy Group, which he established. He has also held senior roles at the Aberdeen City Council from 1995 to 2

St Andrews-based impact investment firm Eos Advisory has secured a commitment of up to £10 million from British Business Investments, a commercial subsidiary of the British Business Bank. The investment, facilitated through the Regional Angels Programme, will be deployed alongside Eos’s

A former Aberdeen hotel is to be developed into student accommodation following the completion of a £9.7 million development loan facility. The site was formerly a Hilton Hotel that ceased trading in early 2020. As such, only minimal work is necessary to achieve the conversion to stu

In a remarkable display of canine dexterity and intelligence, Leo, a two-year-old working cocker spaniel from Scotland, has secured a place in the Guinness World Records. Using his impressive mouth coordination skills, Leo managed to deposit an astounding 23 coins into a piggy bank within just 60 se

Company insolvencies in England and Wales have soared by 40% year-on-year, reaching the highest level since monthly records started in January 2019.

Edinburgh has been crowned the most AI-ready city in the UK, ahead of popular tech hubs like Cambridge and Oxford, according to the SAS AI Cities Index 2023.

Glasgow-headquartered Complete Clarity Solicitors and Simplicity Legal posted annual turnover of £1.5 million in the year to May 2023, up from £1.1m on the previous year. The firm has now delivered substantial salary increases to all staff in addition to the introduction of a £

Scottish fintech firm Beeks Financial Cloud and IPC, its partner, have agreed a deal with the Johannesburg Stock Exchange (JSE), Africa's largest stock exchange, to power customer private cloud deployments. The collaboration will see the deployment of an advanced managed Infrastructure-as-a-Service

Justin Young has been appointed as the new chief executive officer of the Royal Institution of Chartered Surveyors (RICS), effective 5 July 2023. The decision was made by RICS's Governing Council to drive further strategic, cultural and operational change within the organisation. Mr Young, previousl

In two separate transactions totalling nearly £40 million, two Edinburgh office properties have been acquired by FSX Holdings and Catella APAM. The properties in question, 7 Castle Street and Caledonian Exchange, form part of a growing trend of investor interest in core-plus assets in Edinburg

Scotland has asserted itself as the top UK location outside London for foreign direct investment (FDI), according to the latest Scotland Attractiveness Survey by EY. The figures reveal that in 2022, Scotland secured a record 126 FDI projects, marking a 3.3% increase from the 122 projects attracted i

A new £150,000 fund to support causes that operate in Scotland and are undertaking a sustainability project has been launched today. The Royal Bank Regenerate Fund, in partnership with the giving platform Neighbourly, will provide £150,000 to schools, charities, and community groups acro

Irish food processing firm ABP Foods has acquired Scotbeef's Bridge of Allan abattoir and Queenslie meat packing plant.

Deloitte's climate charity collaboration with Whale and Dolphin Conservation (WDC) has resulted in a unique educational initiative being brought to Scottish pupils at Govan High School. A life-size inflatable humpback whale, dubbed Hope, was brought to the school on 13 June, offering students a new