News

Scotland’s Internet of Things (IoT) accelerator, Smart Things Accelerator Centre, has marked its first anniversary by making a string of senior appointments to its team. Former Scottish Enterprise managing director and interim CEO Linda Hanna is now in place as STAC’s head of partnership

EODEX, which specialises in the safe and environmentally friendly removal and disposal of unexploded ordnance (UXO) around the world, has expanded its operations at Aberdeen Energy and Innovation Parks in the Bridge of Don, having agreed a new two-year lease with Moorfield Group, the Parks’ ow

New figures released by the Office for National Statistics (ONS) have estimated that GDP has fallen by 0.3% in August 2022, after growth of 0.1% in July 2022 (revised down from a growth of 0.2%). The ONS said: "monthly GDP is now estimated to be at the same level as its pre-coronavirus levels (Febru

The Competition and Markets Authority (CMA) has provisionally approved the deal proposed by Morrisons to acquire McColl's stores. In July 2022, the CMA launched its investigation into Morrisons reported £190 million purchase of stores owned by McColl’s Retail Group Plc.

A collection of gold coins found under the kitchen floor has sold for more than £750,000 at auction.

CPI, a social enterprise and innovation catalyst for the adoption of advanced tech and manufacturing solutions, has announced the appointment of Jackie Waring as a new non-executive director on its board. Ms Waring is Founder and chair of AccelerateHER, an organisation that has recognised and suppor

Johnston Carmichael has put forward a united front at this year's Kiltwalk with 130 staff and partners taking part across all four events and raising £21,688 for 46 charities. Edinburgh’s event, held on Sunday 18 September, marked the final Kiltwalk of the year, with 67 members of Johnst

Ardbeg Islay single malt whisky is deepening its commitment to its Scottish island home by purchasing The Islay Hotel, located in Port Ellen, which is located near the brand’s Distillery. This multi-million-pound investment offers Ardbeg the opportunity to create a whisky and hospitality exper

Neil Cunningham, founder of MatchPoint Hospitality Group, has been appointed to the board of Edinburgh-based investment syndicate, Archangels. Mr Cunningham set up MatchPoint in 1992, expanding its corporate hospitality offering from the UK to include clients as far afield as Hong Kong and Sydney, a

Murray Capital has recorded double-digit growth in turnover, profit, and shareholder funds in annual accounts filed with Companies House today (Wednesday 12 October). Murray Capital is a family-run business whose principal activities are the development of land for the residential and commercial sec

The Edinburgh International Conference Centre (EICC) is set for a return to pre-pandemic level of activity in 2023, and is aiming to increase North American as Edinburgh's profile rises on the global stage. The venue has experienced a strong rebound in association and corporate business, since

Shepherd and Wedderburn’s Corporate Finance team has advised Douglas and Iain Anderson, the joint managing directors of specialist plant hire company GAP Group Limited, in the sale of their separately owned vehicle hire company to international hire giant SIXT. The vehicle hire business was se

PfP Capital, part of social enterprise Places for People, has appointed Catherine Webster as its new chief executive officer. As a social value and ESG-focused real estate fund management firm, PfP Capital currently has £600 million under management across its three existing funds and a signif

The Financial Conduct Authority (FCA) has hardened its stance on bank closure, setting additional expectations for lenders that are considering branch or ATM closures. The guidance, which already expects banks to carry out thorough checks on the impact permanent closures will have on customers, has

British Airways has added a new route to its Aberdeen International Airport network operating to London City this winter, strengthening the connection between the two financial hubs. Passengers will be able to fly on the new route from November to provide stronger connectivity to London.