Here are the business stories making the headlines across Scotland and the UK this morning.
The International Monetary Fund has urged Liz Truss to reverse the decision to abolish the top rate of income tax, in a highly unusual attack on the economic policy of a G7 country.
The boss of Brewdog has won a court action over a £100,000 fraud claim.
Sereica Energy's market cap surged close to £1billion yesterday after it reported a major increase in profits.
Global controls technology company Proserv has acquired a minority stake in Glasgow-based power system monitoring expert, Synaptec, with whom it had initially formed a strategic alliance in October 2020 to drive forward the innovation of disruptive condition-monitoring technologies for the energy sector.
STATS Group has strengthened its management board with the appointment of Ross Wallace as Director.
The UK economy is likely in a recession, but it could be shallower compared to previous downturns, with GDP falling by 1% between Q1 and Q4 of this year.
The authority’s Employability and Skills team is launching the ABZWorks Employer Recruitment Incentive (ERI) scheme which will provide up to £6,000 worth of funding to help offset the costs of taking on a new member of staff.
SPE Offshore Europe 2023 celebrates 50 years since the first edition was held in 1973 at Aberdeen University. The theme of the milestone event, being held at P&J Live, Aberdeen from September 5-8, 2023 is ‘Accelerating the transition to a better energy future’.
Coretrax, the global well integrity and production optimisation leader, has further enhanced its commitment to the European market through a new distribution partnership with Germany’s DVK Energy, a downhole tool sale, rental, and maintenance specialist.
Wood has been awarded a multi-region engineering services contract by bp to support efficient and safe energy production through the provision of asset repairs, modifications and enhancements.
The Scottish Chambers of Commerce (SCC) has signed a historic Memorandum of Understanding with the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), opening up opportunities for Scottish businesses to access the country’s growing middle class and its affinity for UK expertise, products and brands.