Half of Scotland’s smaller firms believe they get a raw deal from their banks
Half of Scotland’s smaller firms believe they get a raw deal in what they are charged by their banks.
Bargain office block in Aberdeen sold on to property developer
An office building in the heart of Aberdeen has changed hands for an undisclosed sum only weeks after it was snapped up at auction for just £20,000.
Routes under threat as UK airline Flybe considers sale
The airline with more flights from Aberdeen than any other may soon be under new ownership.
Transport giant FirstGroup aims for smoother ride with new man at wheel
FirstGroup named a new chief executive alongside results showing a big improvement in underlying profits and revenue.
Diageo to pour off brands for £428m
Drink giant Diageo is offloading a string of brands to US firm Sazerac for £428 million in order to focus on fast-growing demand for its “premium and above” range in the US.
Fishing chiefs fear EU backlash at end-of-year quota talks
Fears are growing that Scotland’s fishing fleet may face a Brexit-fuelled EU backlash at end of year quota talks.
IBS clinical trial launched
Life sciences firm 4D Pharma said yesterday the world’s largest live biotherapeutic clinical trial was under way in a revolutionary approach to treating irritable bowel syndrome (IBS).
Investors in High Court battle against advisers
Nearly 100 alleged victims of Midas Financial Solutions (Scotland) have lost a High Court battle against their financial adviser.
Like-for-like sales down as bad weather blamed
Like-for-like sales at Primark fell in the year to September as bad weather weighed on trading in Europe.
Trust wrapping up new housing development
LAR Housing Trust said yesterday it was nearing completion of another development in Aberdeen, its seventh in the city.
Aberdeen International Airport appoints Steve Szalay as new managing director
Aberdeen International Airport (AIA) has appointed Steve Szalay as its new managing director.
Brodies’ oil and gas team sees busy year
Strong deals activity in the North Sea is driving growth for the specialist oil and gas team at Scotland’s largest law firm.
M&A deal expectations hit lowest in four years
Scottish dealmakers can expect a Brexit-hit drop in mergers and acquisitions (M&As) despite 2018 shaping up to be a near-record year for transactions globally, according to EY.
‘Be bolder’ in going for contracts, firms urged
North-east firms should “definitely” be bolder when going for offshore wind supply contracts, a project boss said yesterday.
Oilworker found in contempt of court after breaking covenant not to work for rival group
An oilworker has been found in contempt of court after he quit his job to go work for the competition.
Chef’s cook school gives food fans a taste of Italy
Chef Samantha Pack is passing on her Italian culinary skills – as well as her passion for food –to a growing number of customers after launching her north-east cookery school earlier this year.
Hundreds join bid to sue bank over loans
Small and medium-sized enterprises are rushing to join a proposed lawsuit against Clydesdale Bank, the firm managing the claims said yesterday.
Energy centre to lead marine power project
The European Marine Energy Centre (Emec) in Orkney is to lead a £2.2 million project to support the development of wave and tidal power in coastal areas of north-west Europe.
Northern law companies hailed in national review
Three north and north-east firms have been singled out for special praise in an annual review of the UK’s legal market.
New life for the science industry in Scotland
Scotland’s fast-growing life sciences industry has some big hurdles in its path but does not lack ambition.
Watchdog clears way for merger of energy giants
Scottish utility SSE and Germany’s innogy claim consumers will be the winners as the competition watchdog approved a merger of two of Britain’s biggest energy suppliers.
Distiller to pour £30m into Glenfiddich growth
Whisky firm William Grant and Sons is working on £30-million-plus plans to expand Glenfiddich Distillery.
‘Exciting time’ is hailed by helicopter operator
North Sea helicopter operator CHC has taken delivery of a new aircraft and started a major revamp of its passenger terminal in Aberdeen.
Executive of bankrupt giant lands new top job
The last boss of failed construction giant Carillion has been handed a new role as chairman of Score Group.
Aberdeenshire seafood firm making ‘significant inroads’ into global markets
Seafood firm Macduff Shellfish (Scotland) said yesterday it was making “significant inroads” into global markets amid the uncertainty of Brexit.
Salmon farming firm’s profits take major leap
Salmon farming firm Scottish Sea Farms (SSF) saw its profits soar almost 50% during a year of high demand and prices for its fish.
Scottish fishermen face cuts to mackerel quota
Scottish fishers have been threatened with a massive cut in quota for their most valuable species, just as a new poll shows overwhelming public support for them catching more fish after Brexit.
Oil and Gas UK sets up decommissioning team
Oil and Gas UK (OGUK) has set up its own team of decommissioning experts in a move which highlights the changing face of the North Sea energy industry.
Whitefish stocks expand in Shetland
Key whitefish stocks in Scotland’s waters have expanded dramatically over the past decade, according to a new study.
Contracts for service firms reflect confidence
Two Aberdeen-based energy service firms have announced contracts totalling more than £22 million, as well as key new appointments amid growing confidence in the oil and gas industry.
Profits nearly double at Aberdeen Airport
Growing passenger numbers boosted profits at Aberdeen International Airport (AIA) during last year, the north-east gateway’s latest annual accounts show.
Airbus looks to expand into renewables sector
Airbus Helicopters said yesterday it was targeting the global renewable energy market for new business.