News

Santander has agreed to acquire TSB in a deal worth £2.65 billion.

B Corp certified accountancy firm Cooper Parry (CP) has named Oliver Vaughan as its new chief financial officer. Mr Vaughan brings with him a wealth of experience in financial leadership, strategic growth and operational excellence. With a career spanning over two decades, Mr Vaughan has held s

US energy giant Chevron has confirmed it will close its Aberdeen office, bringing its 55-year history in the city to an end.

A man who convinced thousands of followers that he was the reincarnation Christ has been imprisoned in Russia. Sergei Torop, a former traffic cop, founded the "Church of the Last Testament" in 1991 and recruited thousands of members in Siberia.

Scottish dental group Clyde Munro has announced a three-year multi-million-pound investment plan that will secure the growth and development of its portfolio of dental practices. The group currently cares for around 500,000 patients across Scotland. As part of its plans, the business has announ

AAB has announced that Goldman Sachs Alternatives has agreed to acquire the firm from private equity investor August Equity, pending regulatory approval. The transition marks a significant milestone for AAB, reinforcing the firm’s trajectory of sustained growth while ensuring continuity for cl

The Federation of Small Businesses has warned Aberdeen’s Visitor Levy proposals represent a gamble with the city’s ambitions to establish itself as a leading tourist destination. Responding to Aberdeen City Council’s consultation on its Visitor Levy plans, FSB said the proposed 7%

Edinburgh-headquartered fintech Aveni AI welcomed a group of industry leaders yesterday from the UK’s wealth management and financial planning sector to an exclusive forum, to discuss how artificial intelligence (AI) will transform the future of financial services. Bringing together C-level le

Increased HMRC activity could be causing the recent rise in Scottish company liquidations, according to an Aberdeen insolvency specialist. New figures from Creditsafe showed 141 new Scottish administrations and liquidations in May – the highest number since December 2022 when 142 cases were re

The co-founders of Highlands and Islands based electrical and renewables experts IDM Energy have been jointly named finalists in the national 2025 Allica Bank Great British Entrepreneur Awards. Iain Macphail and Kyle Smith have been shortlisted in two high-profile categories including the prestigiou

Azets has appointed John Kean as a new private client tax partner based in the firm’s fast-growing Edinburgh office. Mr Kean has 15 years’ experience advising private clients, partnerships, trusts, estates and entrepreneurs on their personal and wealth management tax strategies. His exte

Tom MacLennan and Chad Griffin, of FRP Advisory and joint administrators of Countesswells Development Limited (CDL), have secured the sale of the land and certain assets of CDL to Ogilvie Homes Limited. The Countesswells Development is located to the West of Aberdeen and was placed in administration

Thousands of Norwegians were mistakenly led to believe they had become millionaires last Friday after the state-owned gambling company, Norsk Tipping, issued notifications for wildly inflated Eurojackpot winnings. The colossal error stemmed from a currency conversion fault, where prize amounts were

A new fund has been established to support businesses on several Scottish islands adversely affected by recent ferry disruptions. Businesses from eligible sectors on South Uist, Colonsay, North Uist, Eriskay, Benbecula, Berneray, Grimsay and Arran can apply.

The Scottish Government has allocated £800,000 from its Ecosystem Fund to support 28 projects aimed at fostering business creation and growth across Scotland in the 2025/26 financial year. The initiatives are designed to cultivate entrepreneurial ambition, capability, and networks for both cur