News

NatWest Group has announced a new, five-year collaboration with Amazon Web Services (AWS) and Accenture to transform the way it serves its customers by accelerating the modernisation of its digital, data and analytics, and AI capabilities. The collaboration will enable NatWest to provide more intuit

Accounting and business advisory firm MHA's Michael Reid has been appointed as liquidator for charity Mental Health Aberdeen. The north-east mental health charity has ceased operations with immediate effect after more than 75 years of service, citing insurmountable financial pressures and soaring de

Specialist flooring solutions provider General & Technical Flooring Services Limited has undergone a management buyout.

Bank of Scotland-owner Lloyds Banking Group has reported a significant rise in second-quarter profits, surpassing analyst expectations and leading to a substantial increase in its shareholder dividend. The bank's underlying profit before impairments reached £2.16bn, a 17% increase from the fir

MFMac has posted 7% year-on-year revenue growth, with group revenues surpassing £50 million in its first full year of trading. In the same period MFMac has increased its profitability by almost 30% from £14.7m to £19m. As a result, all staff will share in a firm-wide profit share p

House prices in Aberdeen have seen a quarterly rise of 3.8%, a new report has revealed.

EY has named Sue Dawe its new Scotland managing partner, succeeding Ally Scott, who is moving to a UK-wide leadership role. Under Mr Scott's leadership, EY Scotland experienced sustained double-digit percentage revenue increases year on year, established a burgeoning private & mid-market platfor

Microsoft has signed a 12-year deal estimated to be worth over $1.7 billion (c. £1.25bn) with the carbon removal firm Vaulted Deep to dispose of 4.9 million metric tonnes of waste by using a material sourced from manure, sewage, and agricultural byproducts. Vaulted Deep’s technique is un

Neil Robb has been appointed chairman of Blackadders LLP. Mr Robb, partner and head of commercial real estate, will take up his role and join the board in August. At the same time, Simon Allison, head of the employment team, is stepping down from the board after serving a three-year term.

The Financial Conduct Authority (FCA) has revealed that while rising motor insurance premiums are largely driven by external cost pressures, shortcomings persist in how some insurers handle claims.

Campaigners have criticised National Records of Scotland (NRS) for awarding a £75,000 contract to Deloitte to work on the next census without a competitive tendering process. The contract, described as "urgent", is for the development of an "Outline Business Case" for the 2031 census. The deci

Chartered Accountant Alison Cornwell has been appointed to the board of Scottish Ballet, bringing invaluable financial and governance experience from an international career in media and entertainment. Ms Cornwell began her career qualifying as a CA with PwC in Glasgow before spending five years in

The GlenAllachie Distillery is undertaking a major sustainable expansion, installing a state-of-the-art system set to cut energy use in its wash distillation process by over 90%.

The James Hutton Institute has successfully bred the UK’s first blueberry at its Invergowrie site.

Craft beer giant BrewDog is set to close ten of its UK bars, including its original flagship venue in Aberdeen, citing a challenging trading environment and the commercial non-viability of the specific sites. In Scotland, the closures will also affect its Dundee bar, while across the UK its Brighton