News

Hayward Tyler Fluid Handling Limited, a Glasgow-based subsidiary of Avingtrans PLC and a designer and manufacturer of performance-critical electrical motors and pumps, has purchased Slack & Parr Limited and its investment counterpart out of administration.

Scottish Opera and the Royal College of Physicians and Surgeons of Glasgow, two Glasgow institutions with a combined workforce exceeding 350, have forged a strategic partnership with Glasgow Credit Union. This alliance, targeted at bolstering the financial wellbeing of their staff, is in response to

Private equity firm Endless LLP has acquired ASCO, an Aberdeen-based firm that offers integrated supply base operations to the energy sector, for an undisclosed sum.

Scottish businesses are bearing the weight of both the prolonged effects of the pandemic and the mounting financial challenges stemming from escalating interest rates, which have intensified debt costs. Business rescue and recovery specialist Begbies Traynor unveiled that there was a year-on-year su

Aberdeen's local enterprises have benefitted from over £2 million in funding distributed via the British Business Bank’s Start Up Loans programme. Since the scheme's introduction in 2012, the Granite City has seen a total of 189 loans disbursed, with each business securing an average of

TSB, in association with Fintech Scotland, has opened up application submissions for fintechs to participate in its third annual TSB Innovation Labs programme. Housed in TSB's Edinburgh Technology Centre on George Street, this initiative seeks to strengthen the fintech sector.

New analysis by PwC UK has shown that bringing labour market participation among Scotland’s older workers up to similar levels to the South East of England could create more than 55,000 additional jobs. The latest Golden Age Index highlights the significant regional variation in the employment

Two gold coins, spanning 1,500 years in their origin, have been unearthed within 400 metres of each other in a farmer's field. The ancient treasures include a Celtic gold stater from around 65 BC and a 14th-century Edward III quarter noble.

The Monachyle Mhor Hotel is primed for significant infrastructural enhancements, thanks to £1.7 million in funding from the Cumberland Building Society. The Mhor Estate, owned by 53-year-old chef and hotelier Tom Lewis, encompasses a boutique hotel, Mhor 84 roadside motel, Calair Cottage self-

Wilkinson Hardware Stores Ltd, often known as Wilko, has fallen into administration. Jane Steer, Zelf Hussain, and Edward Williams from PwC have been named as joint administrators for the retail chain, which includes Wilkinson Hardware Stores Ltd, Wilko Ltd, and Wilko.com Ltd. The appointment came i

Edinburgh-based tech start-up incubator CodeBase has announced it is set to acquire training materials and assets from the digital skills academy CodeClan following its recent collapse. The move ensures that approximately 80 students can continue their training at one of the techscaler's sites.

The UK's economic growth outpaced expectations in the second quarter, with a 0.2% increase from April to June compared to the previous three months, according to the Office for National Statistics (ONS). GDP grew 0.5% in June and the Q2 rise was a modest uptick from the 0.1% growth seen in each of t

Scottish salmon exports have racked up an impressive £306 million in sales between January and June, driven predominantly by the increasing demand in Asian and American markets.

Deloitte has opened the doors to a new ‘future of work’ designed office in Edinburgh’s city centre. Located at 9 Haymarket Square, the 16,383 sq ft facility will serve as the workplace for the firm’s 433 Edinburgh-based employees.

International law firm CMS has announced 34 new promotions across its three Scottish offices in Edinburgh, Glasgow and Aberdeen. Edinburgh-based Joanna Waddell, the firm’s sustainability lead for Scotland, has been promoted to of counsel.