News

Aberdeen-based energy consultancy Xodus Group has reported widening losses of nearly £1 million, citing delays in renewables projects as a key factor impacting its performance.

Nort Sea oil and energy services firm Petrofac has entered administration – a “stark warning” of a wider crisis facing the North Sea supply chain, according to industry experts. The move, which puts thousands of jobs at risk, has intensified calls for urgent government action to st

ACCA (the Association of Chartered Certified Accountants) has called on the UK government to fix the scourge of late payments through practical solutions which business will understand and can work with. ACCA is supportive of the attempts by this administration to tackle poor payment practices in th

Scottish finance expert and business mentor Craig Alexander Rattray is calling for stronger government support for SMEs locked in legal disputes with much larger companies. His call comes after a trademark dispute with billion-dollar accounting software firm Xero, which he says is using a name very

The UK government has announced the creation of a new 'Scale-up Unit' designed to help growing financial services firms navigate complex regulations, in a move aimed at boosting investment and creating high-skilled jobs. Speaking at a conference of regulators and business leaders in Leeds to boost r

Kevin Mapstone and Kenneth Robert Craig of Begbies Traynor have been appointed liquidators to Central Fife Sheds Ltd after the Glenrothes-based company ceased trading and entered liquidation on 16 October 2025. The move follows a number of complaints to Fife Council’s Trading Standards team fr

Professional services consultancy Barnett Waddingham (BW), which operates across risk, pensions, investment and insurance sectors, has relocated its Glasgow office to flagship city development Cadworks. BW has moved from its previous home on West George Street to the seventh floor of the iconic buil

Aberdeen and north east charities and social enterprises will soon have the opportunity to meet with potential funders, explore support avenues and grow their community impact as part of a unique opportunity hosted by Social Investment Scotland (SIS). The leading responsible finance provider is head

A new strategic plan has been launched by Deputy First Minster Kate Forbes to ensure the Highlands fully benefits from an anticipated £100 billion in infrastructure investment over the next 15 years, driven primarily by the renewable energy sector. The Workforce North Action Plan for The Highl

Big Four firm EY UK has announced a return to growth, with fee income rising by 2% to £3.78 billion in the last financial year.

The number of new UK technology incorporations in Scotland shows strong momentum in Q3 2025, as the sector defies ongoing economic uncertainty, according to RSM UK. RSM’s analysis found a total of 471 new tech companies were incorporated in Scotland in Q3 2025, jumping 26% from 375 in the same

Falkland-founded bottler Saltire Rare Malt is celebrating the festive season with the launch of its first-ever Christmas special: a Tamnavulin 17-Year-Old single malt.

North-east accountancy firm, SBP Accountants & Business Advisers, has announced a significant expansion with four new appointments across its regional offices. This exciting development includes the appointment of a new manager at the Fraserburgh office and the expansion of the Aberdeen team wit

Venture capital (VC) investment into Scotland’s start-up and scale-up businesses soared by more than 200% in the third quarter of 2025, according to the latest KPMG Private Enterprise Venture Pulse report. Scottish businesses raised £116.1 million in the third quarter of 2025.

Albania's AI minister is "pregnant" with 83 children, the Albanian prime minister has announced. Edi Rama appeared on stage with "Diella", the AI chatbot appointed as Albania's minister of state for artificial intelligence, at the Berlin Global Dialogue on Saturday.