News

The UK economy barely grew in the third quarter of 2024, registering a meagre 0.1% increase, according to the Office for National Statistics (ONS). This marks a significant slowdown from the 0.5% growth seen in the previous quarter and places the UK sixth in the G7 growth league.

The multi-million-pound Falkirk and Grangemouth Growth Deal has been signed by UK and Scottish governments as well as Falkirk Council as part of a package that will strengthen the local economy and create more than a thousand jobs over the next 10 years. Up to 1660 jobs and £628m worth of econ

As the build up to Black Friday and the festive trading period begins, the Scottish Retail Consortium and trade union Usdaw are combining to urge the public to be kind and considerate to all retail workers and fellow customers when doing their shopping this Christmas and play their part in creating

St Andrews-based impact investment firm Eos Advisory has led a £7.8 million series A round into Naturbeads, a climate tech startup addressing microplastic pollution. Founded in 2018 as a spinout from the University of Bath, Naturbeads is now scaling its innovative plant-based microsphere techn

Michelle Elliot and Callum Carmichael of FRP Advisory have secured a buyer for an at-risk spirits label manufacturer, saving 16 jobs. Ms Elliot and Mr Carmichael were appointed as joint administrators of Renfrew-based Spirit Label Solutions Limited on 8 November 2024.

Glasgow-based AI chatbot and messaging technology company Konversable has raised £300,000 following a successful funding round. The round attracted investment from a broad range of UK and global high net worth business angels, with support provided by commercial law firm Davidson Chalmers Stew

Infowars, the far-right media outlet built by disgraced conspiracy theorist Alex Jones, has been acquired at auction by satirical news website The Onion. Jones – once close to Donald Trump – declared bankruptcy after he was ordered to pay $1.5 billion (c. £1.2bn) to families of vic

Scottish social enterprise lettings agency Homes for Good and Glasgow Credit Union have entered a partnership aimed at providing sustainable, high-quality housing for low-income individuals and families in Glasgow and neighbouring areas. Glasgow Credit Union has provided a £2.4 million corpora

Aon plc has welcomed its latest cohort of new, diverse early careers talent to its Glasgow and Edinburgh offices with the arrival of nine recent graduates.

Canadian investment firm Avialliance is set to acquire AGS Airports, owner of Glasgow, Aberdeen, and Southampton airports, in a deal worth approximately £1.53 billion. Avialliance, the airports platform of Public Sector Pension Investment Board (PSP Investments), will take over from the Ferrov

AM Sci Tech, a subsidiary of Hurstwood Holdings is pleased to announce the appointment of Gordon Pirie as asset manager at Aberdeen Energy & Innovation Parks. He brings extensive experience in property investment and development and will play a key role in overseeing day-to-day asset management

Announced ahead of the Las Vegas Grand Prix next weekend, luxury whisky Chivas Regal has been appointed ‘Official Team Partner’ of the Scuderia Ferrari HP Formula 1 team in a new global multi-year partnership that unites two iconic heritage brands with a shared legacy in craft, innovati

Ahead of Global Entrepreneurship Week, Royal Bank of Scotland (RBS) has announced it is running a series of events to help local entrepreneurs in Scotland to thrive. Designed to provide support to founders at all stages of their business journey, RBS is opening the doors of its Accelerator Hub in Gl

Scottish Land & Estates, the rural business organisation, has welcomed the cross-party recognition of the triple blow to Scotland’s rural businesses caused by the recent UK budget.

Office take-up in Aberdeen has rebounded during the third quarter of 2024 after a slow start to the year, according to Knight Frank.