News

Despite having lost an approximate £1.77 billion in net worth, Anders Holch Povlsen has kept his position as Scotland's richest person, according to the latest Sunday Times Rich List. This year's edition, a 76-page special in The Sunday Times Magazine, recorded Mr Povlsen's weal

Kellwood Engineering, a Dumfries-based precision machining and fabrication company trading for almost 40 years, has had to close its doors with the loss of 27 employees. The director of the company, James Maitland, has appointed Donald McKinnon of Wylie & Bisset, Accountants and Business Advisor

One of Scotland’s audit professionals hopes to inspire colleagues to prioritise their wellbeing after having experienced the mental health benefits of training for a half-marathon. Leading a team of 240, Graham Marjoribanks, partner and head of audit at Johnston Carmichael, spoke abo

Fife-based multi-disciplined contractor T&N Gilmartin (Contractors) Ltd has transferred its entire shareholding to an Employee Ownership Trust (EOT), making its workforce of approximately 90 staff part owners of the business There are now nearly 200 EOTs trading in Scotland – a marked incr

Wood Group, the Aberdeen-based oil and mining sector services company, has rebuffed a second takeover offer from its Dubai-based competitor Sidara.

A police department is being sued after making jail inmates pay for ice cream, candyfloss and laser tag for staff and their families. Black Hawk County Sheriff's Department in Waterloo, Iowa is among US police departments which controversially bill arrestees for the cost of their stay in jail.

A Coatbridge textile maker has turned a lockdown hobby he picked up from watching TikTok videos into a successful business and full-time career, as his custom tattoo-art rugs prove a big hit with customers in the United States.

AGS Airports Ltd – owner and operator of Aberdeen, Glasgow and Southampton airports – has appointed Ronald Leitch Chief Operating Officer. Mr Leitch brings extensive experience in the aviation industry, having held senior leadership roles at both Aberdeen and Glasgow Airports. He recentl

Several accountancy and financial services firms, including Big Four firms Deloitte and KPMG, have rescinded job offers to international students following the UK government's decision to raise the minimum salary thresholds for skilled worker visas. They are not the first and will not be the last, a

Scottish housing charity Lar Housing Trust has received commendation from a major City figure for its work in repurposing derelict buildings into affordable homes. Bank of Scotland-owner Lloyds Banking Group's chief executive, Charlie Nunn, recently visited Lar's latest project in Glasgow, which is

Scottish businessman and angel investor Barry Sealey, co-founder of Edinburgh-based Archangel Investors, has passed away. Mr Sealey, a "true pioneer" in angel investing, launched Archangels with Mike Rutterford in 1992.

Aberdeenshire-headquartered integrated services provider AquaTerra Group has won four decommissioning contracts worth a seven-figure sum. These projects mark a substantial increase in AquaTerra’s decommissioning portfolio from 2023 to 2025.

The Edinburgh International Conference Centre (EICC) has won the Achievement in Sustainability – Meetings & Events category at the Business Travel Awards Europe. The ceremony took place on 14 May at London's Grosvenor House.

Scottish entrepreneurs Ryan Smith and Calvin Smith, founders of bespoke tailors Suited & Booted Dubai, have returned to Scotland to launch their first store in the country. Ayrshire-born Ryan teamed up with Edinburgh pal Calvin in the UAE to establish the brand in 2017 after identifying a gap in

Funded by over 5,600 public members and businesses who raised £13.2 million in 2022, Kirk Hill Wind Farm in Ayrshire is set to commence operations this month. The eight-turbine site will benefit thousands of people across the UK, who each own a part of the project. Owners will b