News

In a move that will save millions per year, asset manager abrdn has decided to leave its head office in Edinburgh's St Andrew Square due to the increase of hybrid working at the firm.

The deadline for acquisition talks between Wood Group and Apollo Global Management has been extended to 19 April from 22 March.

Four aspiring female company founders have been recognised for their innovative businesses as winners of the AccelerateHER Awards 2023. The winners, from the awards’ four specific categories of technology, environment, culture, and health, were unveiled at Thursday’s finals event which w

ETZ Ltd, the not-for-profit company tasked with spearheading North East Scotland’s energy transition ambition, has secured £1.25 million from BP and £2m support from Scottish Enterprise to begin construction of Scotland’s first energy incubator and scale up hub (EISH). The re

Lindsays has today announced a merger with legal practice Miller Hendry. The deal, which will take effect on May 30, will see Miller Hendry partners and staff transfer to Lindsays.

Billionaire businessmen Sandy and James Easdale have been given the green light to develop a former Department of Work and Pensions building into a new £2 million drive-through. Their project is planned for the former DWP building at the corner of Scarlow Street and Greenock Road and will

Susie Walker, head of tax at Johnston Carmichael and who leads a team of over 140 tax experts, has responded to Chancellor Jeremy Hunt’s Spring Statement. She said: “The pension legislation changes announced by the Chancellor are clearly designed to get people working longer across the c

In its preliminary results for the year ended 31 December 2022, Savills has posted revenues of £2.3 billion, a 7% year-on-year rise, and a 16% drop in pre-tax profits to £153.9m. Net cash at the group also decreased to £307.4m, down from £340.7m in 2021.

Greenock Ocean Terminal has begun preparations for what is expected to be its busiest year since records began, as 91 cruise liners are booked into the Inverclyde town’s new dedicated pontoon across 2023 — a rise of over 25% on last year. As many as 150,000 passengers and 38,000 cre

Industry services firm Greenwell Equipment has recorded turnover of £6 million, for the 2021-2022 financial year, as the business completed several large-scale projects over the past twelve months. Greenwell, which is headquartered in Aberdeen’s Greenbank Road and specialises in cabins,

Irvine-headquartered construction property and investment business Edison Group has become a convert to the principle of the four-day working week for all employees. The new regime, which will guarantee all sixty Edison Group employees three days off each week: either Friday, Saturday and Sunda

Prax Exploration & Production has reached an agreement to acquire North Sea oil firm Hurricane Energy in a deal worth £249 million.

Blantyre Capital and partner Fairtree Hotel Investments have aquired Scotland's Crerar Hotel Group for an undisclosed sum. Crerar's portfolio of hotels, consisting of seven four- and five-star hotels, will form a key part of the new owners’ plans to build a luxury UK hotel portfolio.

Rishi Sunak's private heated swimming pool uses so much energy that the energy grid in North Yorkshire had to be upgraded to meet its power demands.

Shona Campbell, insolvency partner at business advisory and accountancy firm Henderson Loggie, has been appointed as liquidator of Holoxica, the Scottish-based holographic 3D visualisation company. Global supply chain issues, changes in trading conditions because of Brexit and the pandemic have crea