Business

Senior oil and gas sector legal experts have highlighted the ‘energy trilemma’ as a key factor increasing the risk of disputes within the industry. The latest Oil and Gas Disputes Survey, conducted by CMS, reports how the impact of increasing social and regulatory pressure for the oil in

An increase revenues of 21% to £62.7 million has been reported by Smart Metering Systems (SMS) in its 2022 interim report for the six months ending 30 June 2022. The company's underlying profit before tax was up 7% from £9.6m to £10.3m for the same period last year. Pre-tax profit

Aberdeenshire technology firm, Recycl8, has announced the appointment of new CEO, Mark Gillespie. The former energy executive will be working with the Recycl8 team to drive the firm’s business strategy as they enter the next stage in their development.

Mattioli Woods plc, the specialist wealth and asset management business, which has offices in Edinburgh, Glasgow and Aberdeen, has seen its revenue increase by 72.8% to £108.2 million, in 2022. In its final audited results for the year ended 31 May 2022, the firm revealed "strong organic reven

Loganair, the UK’s largest regional airline, has cut its fuel surcharge on new ticket sales in response to changes in global fuel prices. The airline, which announced the surcharge in March this year as worldwide oil prices increased, has set out three zones to apportion the surcharge on an eq

Beeks Financial Cloud Group, a Scottish provider of cloud computing and analytics for capital markets and financial services, has reported monthly recurring revenue of over £19.3m, growth of 40% on the prior year and confirmed a deal with US firm, ICE Global Network (ICE). Following the a

Frasers Group is set to rejoin the FTSE 100 tomorrow after defence firm Meggitt was sold to a US rival.

TLT has helped secure a premises licence for the first ever dedicated rum distillery on the island of Islay. Partner and head of licensing (Scotland), Stephen McGowan, appeared at the Argyll & Bute Licensing Board hearing on 8 September 2022 to secure the licence for Islay Rum – a new dist

Aberdeen-headquartered, global energy sector mechanical engineering company, EnerMech has opened its first facility in Ireland, investing €9.2 million (£8m) and creating approximately 170 jobs opportunities over the next three years. The base cements the integrated solutions speciali

Left to right: Invest2Scale partners Michelle Lownie, CEO & founding director of Eden Scott; Stuart Hendry, senior partner & founder at MBM Commercial; Alan Donald, development manager at Angel Capital Scotland; and Neil Norman, partner and head of entrepreneurial tax at Chiene + Tait A new

Accounting and business advice firm Wylie & Bisset has advised hospitality sector operators to plan and project to survive or exit a perfect storm of increasing energy bills just as winter approaches, higher supply and staffing costs, and inflation resulting in a fall-off in consumer spending. W

Todd Fish Tech, an innovative shellfish storage systems business, has expanded its existing premises in Dalgety Bay with the support of InvestFife and Business Gateway. Established by husband and wife team, Errin and Keith Todd, Todd Fish Tech are a manufacturing business producing their patented lo

Kilwinning-based Shuttle Buses has become employee-owned, giving all 70 employees a stake in the business as the current managing director plans for his eventual retirement.

New data from the Office for National Statistics (ONS) has shown a recent slowdown in monthly mergers and acquisitions (M&A) activity, as domestic M&A deals were valued at £2.9 billion for Q2 2022 - £0.9bn less than Q1 (£3.9bn). Data suggests M&A activity has been

Figures compiled by Highlands and Islands Enterprise (HIE) have shown that businesses and communities supported by the agency achieved a strong performance in 2021/22 despite considerable economic disruption and uncertainty. Investments during the year supported businesses and social enterprises to