News

Wood Group has posted a $89 million (c.£76m) profit for the six months ended 30 June 2022, up from an $11m (c.£9m) loss for the same period last year. The group's H1 2022 revenue has fallen marginally by 0.4% to $2.56bn (c.£2.17bn) from $2.57bn (c.£2.18) in H1 2021. However,

A Stirling glassmaking firm has secured a £500,000 order to supply its whisky-based gifts to duty free outlets across Asia. The company, Angel's Share Glass, has signed a three-year deal with Chinese importers Hainan Silverwing International to produce their giftware range – including th

A legal claim has been brought against Sony PlayStation seeking up to £5 billion in damages for consumers in the UK.

Plans to double a £30 million investment to develop a Glasgow science and tech business hub have been announced by Bruntwood Scitech. The announcement comes three months after the joint venture, between investor and developer Bruntwood and Legal & General, acquired and announced the redeve

The new Prime Minister’s inbox may well overflow with priorities, but the latest research from Grant Thornton finds that Scotland’s business community sees Levelling Up and boosting investment in Scotland as vitally important. The policy agenda, the most recent take on decades of debate

New figures show Scotland’s public finances are recovering from the coronavirus pandemic faster than the UK as a whole. The Government Expenditure and Revenue Scotland (GERS) 2021-22 statistics show Scotland’s deficit fell by 10.3%– compared to a drop of 8.4% for the UK.

Crunchy Carrots, a specialist digital marketing firm has achieved net-zero status after the founder and managing director received advice, support, and signposting to funding worth over £14,000 from Business Gateway and DigitalBoost, Scotland’s national digital upskilling programme. Crun

Pub landlords throughout the UK have warned that they face an “extinction-level event” this winter amid skyrocketing energy costs.

Scottish comedian, Paul Black is partnering with NatWest for a second time to raise awareness of money muling – an activity where targets are recruited to channel illicit funds through their personal bank accounts. Following a successful run of sell-out shows at this year’s Fringe, Paul

Morgan Stanley has reported its biggest ever recruitment programme for University Graduates, Graduate Apprentices and University Summer Interns in Glasgow. Over the next few months, the bank will recruit 75 University Graduates, 25 Graduate Apprentices and 104 University Summer Interns.

A 20-year-old student has crystallised a $110 million (c.£93.5m) profit after a one-month bet on the stock of American retail chain Bed Bath & Beyond. Jake Freeman, currently an applied mathematics and economics university student, raised $27 million (c.£23m) through friends and fami

Bernie Ecclestone, former chief executive of Formula One Group, appeared at Westminster Magistrates' Court on Monday for a brief hearing and entered a not guilty plea for the fraud charge brought against him for over $472 million (c.£401m) in undeclared overseas assets.

Cineworld has responded to speculation that the company is filing for bankruptcy in the US saying it is considering the option.

James Hobson, the chief financial officer of battery cell manufacturer AMTE Power, is considering leaving his post after he was approached for a new role.

Twelve young innovative companies have been successful in applying to take part in Michelin Scotland Innovation Parc’s (MSIP) accelerator programme. MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, is an Innovation Parc in Dundee for sustainable mobility and