News

Aberdeen-based software company STC INSISO has entered into a technological collaboration with global logistics firm Peterson Energy Logistics. STC INSISO's role in the partnership will centre on aiding the further development of Peterson's logistics platform, Lighthouse.

Scottish businesses are exhibiting greater confidence in their growth over the next year, compared to the European average, according to the latest Accenture / S&P Global UK Business Outlook. This optimism, despite a decline from +35% in February to +22% currently, surpasses the European level o

Aberdeen-based energy services operator Wood Group has reported robust trading for H1 with revenues expected at £2.2 billion, a 15% increase compared to the same period the previous year. Adjusted EBITDA is predicted to rise by 6% to approximately £147 million, reflecting favourable perf

Edinburgh-based Apex Hotels has expanded its portfolio by venturing into rural markets with the acquisition of the Pine Trees Hotel in Pitlochry. The deal, the financial details of which remain undisclosed, marks the first step in Apex's strategy to diversify into popular UK destinations. The family

Richard Adam, who served as group finance director for Carillion plc from 2007 to 2016, has been disqualified for a period of 12.5 years.

Barratt Developments has said it anticipates a 15% drop in profits this year amid a sharp decline in demand for homes, particularly from first-time buyers. In a trading statement, the homebuilder said adjusted profit before tax is "anticipated to be in line with current market expectations", which i

Planet DDS, a Californian dental software company, has chosen Glasgow as the location for its new technology development and support centre, marking a significant investment in Scotland's economy.

Scottish pie and pastry maker Bells Food Group has retained its fourth place in the 2023 Kantar Scotland Brand Footprint report as one of Scotland's most chosen brands by shoppers. The announcement coincides with the initiation of a £250,000 investment scheme by the company to expand its pie p

SME financier Reward Finance Group has introduced a specialised wellness team to extend wellbeing, mental health, first aid, and menopause support to its employees across its five regional hubs, comprising Scotland, London, Leeds, Manchester, Birmingham. The group's new team, consisting of 30 traine

The Toronto Police Service has confirmed the closure of a licensed, fully-stocked bar at its headquarters after an officer who had allegedly drunk there was charged with impaired driving. The decision was communicated to senior officers in May, with the liquor licence not due for renewal. A spokespe

Chartered surveyors DM Hall alongside property agents Ryden have brokered a new five-year lease for Aberdeen-based company, Trojan Crates, for one of the refurbished industrial units at 1-7 Crombie Road, near the city centre and Port of Aberdeen. The industrial unit, which is part of a seven-unit fa

Thorntons is formally opening its new Glasgow office – its first permanent home in the city. The George Square premises, which feature a bespoke artwork by Glasgow graffiti artist Bobby McNamara – better known as Rogue One, the creator of several murals around the city – are key to

A first-edition copy of JRR Tolkien's The Hobbit, found in a Dundee charity shop, has fetched over £10,000 on eBay.

In the year since the UK government announced the creation of investment zones, Scottish mid-market business leaders remain unconvinced of their efficacy in contributing to the 'Levelling Up' agenda.

The UK economy shrunk by a lower-than-expected 0.1% in May, partially due to an additional bank holiday for the King's coronation, recent ONS data has revealed.