News

Loganair has added a new flight from Aberdeen to Newcastle to its 2023 schedule, as the airline unveiled its biggest-ever programme of flights for Newcastle Airport next summer.

Irn-Bru producer AG Barr has announced that it has acquired the remaining 38.2% equity stake in MOMA Foods Limited, the London-based oats producer, from founder Tom Mercer, and the other minority shareholders, for a total cash consideration of £3.4 million.

WB Alloy, a Glasgow-headquartered welding and cutting specialist, has expanded its operations through acquiring a 50% interest in TVC, an English data and welding inspection business, after receiving financing worth £4.8 million from Barclays.

Developer and operator of environmental technology solutions, SEM has claimed the top prize of $100,000 after their entry won the Artisanal Mining Grand Challenge: The Amazon. The Aberdeen-headquartered firm was awarded a share of a $300,000 prize fund for this international competition, alongside t

Expert analysis has shown the UK economy will shrink by 1.3% in 2023, amidst a relatively shallow but protracted recession, and will be followed by a partial recovery in 2024, which could see GDP rise by 0.2%. According to KPMG’s latest UK Economic Outlook, elevated inflation and rising intere

Aberdeen-based Dron & Dickson, specialists in integrated supply, installation, and maintenance of harsh and hazardous area electrical equipment, has acquired Inverurie firm Cable Solutions Worldwide Limited in a seven-figure deal.  The acquisition will enable Dron & Dickson to offer an

Graeme Carling, has said he personally lost some £2.2 million and left "no stone unturned" in his attempts to save the business. McGill, lately registered as McGill Facilities Management Ltd, officially entered administration on August 25th for the second time in less than four

Family-owned luxury jewellers, Laings, has revealed it is investing heavily in its high street store estate after reporting a 92% increase in pretax profits to £5.4 million, in the last financial year to May 2022. Bucking the trend of many retailers, who have turned their back on bricks and mo

Aberdeen-headquartered activpayroll has taken a significant step forward in its Asia Pacific growth plans with the acquisition of Malaysia-based payroll outsourcing and employee mobility specialist, Propay Partners. activpayroll has grown revenues over the last year by 27%, with the firm's Asia Paci

Revive Eco has raised a £375,000 investment led by Gabriel Investment Syndicate to commercialise its patent-pending process to recycle coffee grounds into a sustainable palm oil alternative. The Glasgow-based green tech startup was launched by co-founders Fergus Moore and Scott Kennedy in 2019

Two women have been given $100 (£82) fines and suspended prison sentences after feeding stray cats near a courthouse in order to trap and neuter them. Animal rights organisations protested after Beverly Roberts, 85, and Mary Alston, 61, were arrested near the courthouse in Elmore County in eas

The Institute of Chartered Accountants of Scotland's (ICAS) experts have examined key aspects of the Scottish Budget announcement and how this addresses issues affecting many, such as the freezing of tax thresholds and increase in income tax. On the key announcements in the Scottish Budget, Justine

Aberdeen-based social enterprise Glencraft has appointed Laura Bruce and Allan Clow as non-executive directors to help deliver the future development plans of the organisation.

An accounting software company which produced its own star-studded sitcom about accountants has announced the launch of its second season.

The cost-of-living crisis and unsettled market conditions have led Stewart Milne Group to pause its efforts to seek its housebuilding business, despite a number of “fruitful discussions” with potential bidders.