The increased adoption of artificial intelligence (AI) is likely to cut jobs in a way similar to the Industrial Revolution. the governor of the Bank of England has warned.
Here are the business stories making the headlines across Scotland and the UK this morning.
Mortgage rates are expected to fall further in January after the Bank of England cut the base rate from 4% to 3.75%, prompting lenders to prepare for a highly competitive start to the year.
European leaders have agreed to provide Ukraine with a €90billion loan without using frozen Russian state assets, following a 15 hour summit in Brussels.
SSEN Transmission has secured a £1billion to support four major electricity grid upgrade projects across the north of Scotland.
John Swinney says he has "no plans" to overturn the alcohol ban at football grounds despite a successful trail at Pittodrie last weekend.
Dron & Dickson is proud to announce that a leading UKCS operator has awarded Dron & Dickson a single, consolidated contract covering Ex inspections, F&G detection, small bore tubing, minor modifications, rope access, and E&I material provision.
Rubberatkins Ltd was recently honoured to welcome Dr. David Cameron, The Lord-Lieutenant for the City of Aberdeen as he visited the company’s Aberdeen headquarters to present the King’s Award for Enterprise in International Trade.
PSS is pleased to have been named Industrial Cybersecurity Innovator of the Year 2025 at the Scottish Enterprise Awards.
ESS, part of Compass Group UK & Ireland, has partnered with Mackie Academy to deliver the creative Voyagers initiative, which sees members of the company’s management and culinary teams support schoolchildren to design and market a new street food offer.
The Private Client team at Raeburn Christie Clark & Wallace were delighted to host a Christmas Lunch on Wednesday, December 17 in The Garden Room, Fountainhall Church at the Cross, Albyn Place, Aberdeen.
Integrity HSE is a QHSE consultancy based at 56 Queens Road, Aberdeen and has established a reputation as one of the UK’s leading consultancies, delivering a comprehensive range of services to a diverse client base across multiple sectors.