Business

Equinor UK Limited has signed an agreement to acquire the UK oil and gas assets of Canada's Suncor Energy in a of $850 million (£708m) deal. The transaction includes a non-operated interest in the producing Buzzard oil field (29.89%), an additional operated interest in the Rosebank development

McGill’s Buses, the UK’s largest independent bus operator, has announced a £20 million investment to introduce a further 41 new electric buses to its fleet. The company, owned by Scottish billionaire businessmen Sandy and James Easdale, has now invested a total of £55million

Net store closures in Scotland are at their lowest rate since 2016 marking an overall positive turn for retail post-pandemic, according to new data from PwC and The Local Data Company (LDC).

Hop, a Scottish hotel property management software firm, has broken into North American and African markets, after cementing a deal with the leisure group founded by former BBC ‘Dragon', Duncan Bannatyne. Hop was the 2017 brainchild of highlands-based hoteliers, Richard Drummond and Jon Erasmu

A new Aberdeenshire-based holiday let management company, Heritage Hosting, has launched to address a gap in the short-term lettings market. It was while attending property events and trade shows that managing director, Simon Hudson, noticed a recurring theme in the conversations he was having with

Edinburgh financial services company Multrees Investor Services is a finalist in the Scottish Apprenticeship Awards thanks to its inclusive workplace culture and support for young talent. Multrees Investor Services’ apprenticeship programme encourages new blood into the sector and supports ind

North-east accountancy firm SBP Accountants and Business Advisers has appointed a tax specialist to support its clients across the firm’s four offices. Mark Rhynas has joined the 34-strong SBP team as a tax manager following eleven years working within accountancy in the Aberdeen area.

AAB, the tech-enabled business critical services group, has today announced the acquisition of its current United States (US) payroll partner Dominion Systems Inc, including its highly sophisticated US payroll software and experienced US payroll team. Based in Grand Rapids, Michigan, Dominion System

Billionaire brothers Sandy and James Easdale have heralded the decision to increase the number of houses planned for the £250 million redevelopment of IBM Greenock as transformational for the region. At a planning meeting held by Inverclyde Council yesterday afternoon, councillors voted in fav

A Glasgow-based housing developer is expanding its portfolio of sustainable apartments in a bid to grow its green-energy offering, thanks to support from Bank of Scotland. Carmichael Homes has been operating across central Scotland since 2012 and delivers luxurious but affordable homes. To date, it

Shoosmiths advised on more than 400 transactions with an aggregate deal value of £5 billion from January to December 2022. Corporate activity levels remained elevated throughout last year, with the firm's corporate team working across a record number of deals spanning private equity, mergers a

Scotland has seen the UK’s largest number of smaller business equity deals in net zero sectors outside of London, according to new research released today by the British Business Bank. The Bank’s Small Business Finance Markets 2022/23 report found that Scotland accounted for 14% of net z

Edinburgh-based Capital Credit Union (CCU) is offering football fans an interest free loan to buy their season tickets, in the first scheme of its kind in the UK. CCU has partnered with Hibs to offer the club’s fans an ethical, interest free loan to help spread the cost of supporting their tea

Cairney & Company, a Scottish female-run fundraising consultancy advising global clients has seen a 60% growth in turnover year on year in 2021/2022, after accessing specialist support from Business Gateway, Scotland’s national business advisory service.

Business confidence in Scotland rose four points during February to 14%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.