Frasers Group has announced that owner Mike Ashley will step down from as a board director at the conclusion of the group's annual general meeting on 19 October 2022.
Business
Opulus Financial has acquired Glasgow-based accountancy firm, Nicolson Accountancy, representing the largest acquisition since launching as a CFO solutions business at the end of last year.
An Edinburgh coffee shop has announced it will be reopening after repeated closures, hatching a plan to future proof its Edinburgh city centre branch, which opened in 2014. Cairngorm Coffee's Frederick Street venue alone turned over more than £250,000 in 2019. However, with lockdowns, low foot
Springfield Properties said today it has put all long-term fixed-price affordable housing contracts on hold and has temporarily suspended its expansion into the private rented sector (PRS) amid concern about market conditions and the Scottish Government's future rent freeze policy. Announcing otherw
Dunfermline-based Nautoshark has received support from Business Gateway Fife to grow its business within the maritime software industry, making major developments in its Navarea Warnings product which allows vessels to navigate sea routes safely around the world. Euan Gordon is director of Nautoshar
Independent energy group Parkmead has announced it will commence drilling in the North Sea Skerryvore oil field after receiving relevant regulatory approval.
Shell has announced that Ben van Beurden will step down as CEO at the end of 2022, and that his successor will be Wael Sawan. The change in leadership comes amid the current energy crisis and as Shell prioritises its future business focus on renewables. The incoming CEO, Mr Sawan, is currently
Despite ongoing inflationary pressures, construction firm Kier Group has been able to increase its adjusted operating profit and raise its operating margin while achieving a "significant reduction in debt. Announcing its results for the year ended 30 June 2022 this morning, the infrastructure servic
On the morning of 27th September, the Scottish Africa Business Association, in partnership with the Scottish Chambers of Commerce (SCC), is hosting a Ministerial delegation from Ghana in Scotland for a series of private meetings to discuss the opportunities for Scottish businesses arising from the r
Companies and brands holding Royal Warrants will have to reapply as the certification is set to become invalid following the passing of the Queen and the change of sovereign.
Patagonia has announced new ownership after the company's boss, Yvon Chouinard, decided to put the company in the hands of two trusts to assist in the fight against climate change. Effective immediately, the Chouinard family has transferred all ownership to two new entities: Patagonia Purpose Trust
John Lewis has released its interim results showing a £99 million loss for the first six months ending 30 July 2022, compared to a £69m profit for the same period last year.
A successful Scottish recruitment drive has helped Dubai businessman Calum White establish his estate agency as one of the emirate’s most successful brokerages. The Edinburgh-born entrepreneur set up White & Co. Real Estate in January 2021, seven years after first moving to the UAE after b
Aldi has become the fourth largest UK supermarket overtaking Morrisons.
Scottish precision manufacturer Cube Glass has just secured a seven-figure deal at Western Villages, the country’s largest operational net-zero housing development in Granton, Edinburgh. The Cumbernauld-based tech firm will partner with construction and manufacturing company CCG Group to suppl