News

HSBC’s pre-tax profits fell by nearly a third to $6.3 billion (c. £4.7bn) in the second quarter, missing analyst forecasts as the bank absorbed charges on its Chinese investments and the costs of a major restructuring programme. The results sent shares in the lender down by more than 4%

Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies – including The Port of Nigg – to long term investor, Mitsui & Co Europe Ltd (Mitsui) a subsidiary of Mitsui & Co, together with, Mitsui OSK Lines Ltd (MOL). The acquisition includes:

Supply chain membership organisation British Water has appointed Stephen Slessor, chief executive of Ross-shire Engineering (RSE), as chair, succeeding Dr Mark Fletcher, director and global water business lead at Arup. Mr Slessor brings extensive sector experience, spanning 25 years in engineering,

Puma Property Finance has provided a loan to GSS Developments (Aberdeen) Ltd to fund the development of an urban logistics development near Edinburgh Airport.

Leading figures from some of the world’s biggest financial, tech and energy organisations are to gather in Scotland for a new festival focused on the future of finance. More than 2,500 delegates are due to attend the inaugural Edinburgh Finance Festival, running from September 15 to 26, which

The UK's strict new age verification rules can be bypassed using popular video games, Internet users have found. Thousands of websites and online platforms now require users based in the UK to verify their age before accessing adult content, following the commencement of key provisions in the Online

CBI Scotland has appointed Gemma Foster, BAE Systems commercial director for Naval Ships, as vice chair. Ms Foster will support the work of recently appointed Scotland director Michelle Ferguson and associate director Mags Simpson. Ms Foster's extensive knowledge of the defence sector is allied to a

The Financial Reporting Council (FRC), as secretariat to the UK Sustainability Disclosure Technical Advisory Committee (TAC), is requesting views from stakeholders on the International Sustainability Standards Board (ISSB)’s recently proposed amendments to the Sustainability Accounting Standar

Scottish adventurer and investor at St Andrews-based Eos Advisory Mark Beaumont has credited his early years of growing up homeschooled in Perthshire, in what he describes as what could have been the setting of an Enid Blyton novel, with instilling in him the qualities required to take on his w

Scottish soft drinks group AG Barr has reported a solid performance for the first half of 2024, with revenue climbing by 5.2% to £221.3 million. The company, known for its Irn-Bru brand, outpaced the wider UK soft drinks market.

A Scottish business is helping organisations embrace sustainable period solutions after receiving support from the East Renfrewshire Accelerator (ERA) Programme. The programme, delivered by Business Gateway East Renfrewshire, is funded by East Renfrewshire Council.

As the countdown begins to the introduction of Edinburgh’s visitor levy on 1 October 2025, the Association of Scotland’s Self-Caterers (ASSC) has expressed serious concerns over the lack of official guidance and support for accommodation providers.

Highlands and Islands Enterprise (HIE) has delivered a strong performance for the 2024/25 financial year, meeting or exceeding 18 of its 20 key targets. Preliminary figures, which are subject to review by Audit Scotland before publication of HIE’s annual report in November, show the developmen

Burness Paull has reported profits of £35.9 million and turnover of £93.5m. Notable client mandates for the year – which saw Burness Paull named UK corporate law firm of the year at the Insider Media UK Dealmakers Awards – included advising:

BDO has been revealed as the adviser to Innate-Essence Limited, which has secured a majority investment from drinks company AG Barr Plc, home to brands such as Irn Bru, Funkin Cocktails and Boost Drinks. Innate-Essence, the functional beverage manufacturing business behind The Turmeric Co and Raw Hy