Here are the business stories making the headlines across Scotland and the UK this morning.

Aberdeenshire firm makes extra £1million a week after acquisitions

Aberdeenshire firm Ashtead Technology has seen revenue surge by £58million following recent acquisitions – more than £1m extra a week.

New figures show revenue jumped by 52% from £110m to £168m for the year ending December 31 2024 and pre-tax profit rose by 31.1% to £36.1m, from £27.5m a year earlier.

The turnover boost follows the subsea technology provider purchased Seatronics and J2 Subsea from Acteon Group for £63m in November last year.

Click here for the full story. 

Inflation falls to 2.8% ahead of Spring Statement

The UK inflation rate fell to 2.8% in the 12 months to February, according to figures just released by the Office for National Statistics. 

The figure - which measures how fast prices have risen over time - was released ahead of Chancellor Rachel Reeves delivering her Spring Statement in the Commons at 12:30 GMT.

Reeves is expected to give details on government spending - including civil service cuts, welfare changes, and defence budgets. 

Click here to keep up to date ahead of the statement. 

Two new brands coming to Aberdeen’s Union Square

Two new retailers are looking for staff as they prepare to open in Aberdeen’s Union Square.

Fashion accessories brand Lovisa, which promises “on-trend fashion jewellery at ready-to-wear prices” is set to occupy a vacant unit in the shopping centre. 

In addition to Lovisa, a new kiosk will open between Zara and Skechers, displaying designer eyewear under the brand Lux which “offers a stunning collection of luxury and designer eyewear from iconic brands."

Read more in the P&J. 

Oasis sale 'may have misled fans' says watchdog

Ticketmaster "may have misled Oasis fans" with unclear pricing when it put their reunion tour on sale last year, the UK's competition watchdog has said.

The Competition and Markets Authority (CMA) said the company may have breached consumer protection law by selling "platinum" tickets for almost 2.5 times the standard price, without explaining they came with no additional benefits.

"This risked giving consumers the misleading impression that platinum tickets were better," it said in an update to its investigation into Ticketmaster.

More like this…

View all