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Business
‘Age-old’ industry challenge solved for North Sea platforms
An Aberdeen team has solved an “age-old” industry challenge for North Sea platforms.
Fledgling spin-out lands £400k funding from SE
Pharmaceutical firms are lining up to partner an Aberdeen University life sciences team working on new antibodies that could save millions of lives.
RCCW moves to buy Stonehaven law firm
North-east legal firm Raeburn Christie Clark & Wallace (RCCW) has doubled the size of its team in Stonehaven after acquiring a long-established local firm of solicitors and estate agents.
Accolades for best of local food and drink
Innovative and growing food and drink businesses from across the north-east had their achievements recognised at the region’s prestigious annual food and drink awards last night.
Firm almost ready to start digging for gold
Commercial gold production from a Scottish hillside is on track to start later this year, the firm behind the project said yesterday.
North Sea could yield further discoveries says cheif oil producer
The boss of North Sea oil producer EnQuest said yesterday he believed the region could yield further discoveries to extend its lifespan.
Seafood industry in call for a ‘level playing field’
Scotland’s multi-billion-pound sea-food processing industry needs government help to remove “blockages” to growth, a trade body warned.
Travel agent reports strong OTC demand
An Aberdeen travel firm has reported strong interest from north-east firms interested in going to the Offshore Technology Conference (OTC) in the US.
Procurement reforms have ‘little impact’ on Scotland’s small firms
Reforms aimed at increasing the share of public sector contracts going to Scotland’s small businesses have had “little impact”, a new report has claimed.
North-east businesses urged to prepare for flooding
Businesses in the north-east have been urged to prepare themselves to cope with flooding after a national study found that 5,600 business in the region are at risk.
Scottish firms receive £26 million in start-up loans
Start-up businesses in Scotland have borrowed more than £26 million from the British Business Bank since its launch six years ago.
Jobs at risk as Sir Philip Green prepares restructuring plan for retail empire
Sir Philip Green is preparing to launch a dramatic restructuring plan for his retail empire, which could come at the cost of hundreds of jobs.
Standard Life Aberdeen’s co-CEO arrangement ends with move
It lasted more than 18 months but the unorthodox co-management of Standard Life Aberdeen (SLA) is over after the company announced yesterday that north-east entrepreneur Martin Gilbert was changing jobs.
Business leaders welcome rejection of no-deal Brexit but urge action
Business leaders welcomed MPs’ vote to reject a no-deal Brexit under any circumstances but urged the Government to turn it into action.
Small companies can now apply for Brexit preparation funding
More Scottish businesses can apply for a share of £2 million to prepare for Brexit, Nicola Sturgeon has announced.
Nominations for 2019 Northern Star Business Awards open
Nominations for the 2019 edition of the north-east’s business “Oscars” - the Northern Star Business Awards - open today.
Islands knitwear company’s founder signs over 100% stake to staff
Shetland firm Laurence Odie Knitwear has become employee-owned as its founder looks towards retirement.
Reaction: Business, unions and Scottish government react to Brexit defeat
First Minister Nicola Sturgeon said: "The prime minister and the UK government should be hanging their heads in shame this evening.
Inverness energy group announces quayside expansion plan
Inverness-based Global Energy Group (Geg) has announced multi-million-pound plans to add more than 800 feet of new quayside to its Nigg Energy Park site at the entrance to the Cromarty Firth.
Cairn posts losses of almost £1bn amid India, Kraken troubles
Scottish oil firm Cairn Energy vowed to go after “material” exploration targets this year despite suffering losses of almost £1 billion in 2018.
Space and subsea sectors can work ‘hand in hand’ says Nasa
A Nasa engineer has said Scotland’s growing space sector can work “hand in hand” with the subsea industry.
Highlands and islands to benefit from Data Lab
A new facility aimed at ensuring the Highlands and islands benefit from growing market opportunities in data science has been launched in Inverness by Digital Economy Minister Kate Forbes.
P&J awards set gold standard
The 2019 edition of an annual celebration of excellence in the UK energy industry gets off the ground today.
Scottish Government must have role in future trade negotiations, committee says
The Scottish Government should have a seat at the negotiating table in Brexit trade negotiations to protect the distinct priorities of Scottish trade, according to a House of Commons committee.
Nicola Sturgeon pledges to tackle gender pay gap
Nicola Sturgeon has announced a new strategy to tackle the gender pay gap in Scotland in a speech on International Women’s Day.
Trio of hotels could be all yours in £6.85m sale
A West Highland businessman has put a trio of north hotels up for sale, seeking offers in the region of £6.85 million for all three.
Historic Aberdeen pub The Grill put on the market
A traditional pub which has been a mainstay of Aberdeen city centre for more than a century has been put on the market.
Breedon unable to prepare for ‘indirect’ risks from Brexit
Building materials giant Breedon said yesterday it was finalising contingency plans for Brexit but unable to prepare for “indirect risks”.
Aberdeen budget cuts could leave the hospitality sector ‘crippled’
Business leaders have criticised the “regrettable” decision to cut hundreds of thousands of pounds from Visit Aberdeenshire which they believe could leave the hospitality sector “crippled”.
Rural enterprise would offer £4.5bn boost
A new rural enterprise university could be the catalyst for a £4.5 billion boost to the Scottish economy, according to a new report.
Scotland ‘doing what it needs to’ on renewables, says Robert Redford’s documentarian son
The documentary filmmaker son of Robert Redford has said Scotland is “doing what it needs to” in terms of renewable energy compared to the US market.