News

Dundee-based cable manufacturing firm ICS2 Cables has handed control and ownership of the business to its employees. Developing subsea, 5G Telecoms, Access Control, automotive and industrial sectors, ICS2 Cables achieved its second-best year despite managing supply shortages affected by the pandemic

The boost to financial wellbeing triggered by the relaxing of pandemic measures dipped during the third quarter despite the first rise in household income from employment since Q1 2020, according to the latest Scottish Widows Household Finance Index.

The providers of Scotland’s local government retirement schemes have come together as part of a new initiative to develop a ‘transition roadmap’ for net-zero pensions. A new public policy positioning paper published today by the Edinburgh-based Global Ethical Finance Initiative (GE

Shepherd and Wedderburn is continuing its investment in Aberdeen by moving into flexible Grade A office accommodation, which offers the firm the opportunity to double the firm’s headcount in the city as it anticipates sustained growth in the region.

Aberdeen-based creative design agency Dunclyde has opened a new office in Los Angeles. Dunclyde, founded in 2018 by Daniel Clydesdale and Eilidh Dunsire, provides strategy-led brand and web design services to local, national and international companies. The indoor-outdoor workspace can hold up to si

A consortium of Macquarie’s Green Investment Group, TotalEnergies and Scottish developer RIDG has announced their ScotWind bid for an offshore wind project west of the Orkney Islands. The two-gigawatt proposal – named the West of Orkney Windfarm – has the potential to power more th

Business premises in Scotland will be able to access a £25 million package to improve ventilation and reduce the risk of coronavirus transmission. Grants will target a wide range of high-risk settings where people come into close proximity, including restaurants, bars and gyms, with support av

A Danish museum lent an artist $84,000 to reproduce an old work depicting labour. Instead, the artist delivered two empty frames, took the money and called it conceptual art. 

On September 24, Jonny Marston, Rob Croxen and Paul Berkovi of professional services firm Alvarez & Marsal Europe LLP were appointed as joint administrators to People’s Energy (Supply) Limited, the energy supplier and The People’s Energy Company Limited, the 100% owner of People&rsqu

Chartered accountants Wylie & Bisset has appointed Mark Mulholland as a partner to its burgeoning business advisory department. Formerly a partner at Alexander Sloan, Mr Mulholland is a trusted business adviser with over 30 years experience who specialises in working with commercial organisation

After 44 years, John Langlands will be retiring as a partner of EQ Accountants at the close of business on 30 September 2021. From beginning his journey with EQ founding firm JLM as a trainee in 1977 to working his way to becoming partner in 1997, Mr Langlands has seen the firm evolve over time and

Prestwick-based hardware and housewares supplier Wright’s Home Hardware is tripling the size of its Helensburgh premises to cope with rising demand from UK gardeners and DIYers, thanks to a £385,000 funding package from Bank of Scotland. Wright’s Home Hardware, founded in 1969, off

Morlich Homes Limited (MHL) has secured an investment of up to £87,000 from Highlands and Islands Enterprise (HIE) to help the company develop a facility to build green homes. MHL has already purchased a site at Elgin Business Park where fit-out costs will total £189,000.

Oil prices have risen above $80 a barrel for the first time in three years as renewed demand led to concerns of a supply shortage. Brent crude, the global benchmark price, rose for a sixth day to reach $80.04, signalling its highest price since October 2018.

The North American Income Trust Plc, a company managed by abrdn (formerly known as Standard Life Aberdeen), has posted Net Asset Value (NAV) total return of 19.8% for the six months to July 31 2021, compared to a NAV of 5.7% in the year ended 31 January 2021. This means that the company ou