Tuesday, January 20, 2026: Today's business headlines – Aberdeen & Grampian Chamber of Commerce


Here are the business stories making the headlines across Scotland and the UK this morning.
Peter Murrell, the former chief executive of the SNP, is due to appear at the High Court next month after being charged with embezzlement.
Murrell, the estranged husband of former first minister Nicola Sturgeon, was charged in April 2024 following a police investigation into SNP finances.
He made no plea when he appeared at at Edinburgh Sheriff Court in March last year and was granted bail.
Commercial property worth more than £200million was sold in Aberdeen last year as the city accounted for more than a quarter of Scotland’s transactions.
The Granite City captured its largest share of Scotland’s commercial property deals of the decade in 2025, according to research by Knight Frank.
The city accounted for 26% of Scotland’s 164 deals, up from 20% in 2024 and well above the 14% average for 2020 – 2024.
Gold and silver prices hit record highs but share prices fell on Monday as investors reacted to the threat by US President Donald Trump to impose fresh tariffs on eight European countries opposed to his proposed takeover of Greenland.
The price of gold touched $4,689.39 (£3,499) an ounce on Monday, while silver rose to a peak of $94.08 an ounce.
Precious metals are seen as safer assets to hold in times of uncertainty, and the prices of both gold and silver have soared over the past year.
Unemployment remained stuck at a near five-year high and wage growth continued to cool in the months running up to Rachel Reeves’s November budget, official figures showed.
The Office for National Statistics (ONS) said on Tuesday that the rate of unemployment in the UK economy held steady at 5.1% in the three months to November, the highest level since the quarter to January 2021 and in line with analysts’ expectations.
Joblessness in the UK economy has steadily increased since 2022, but government figures indicated that tax rises announced by the chancellor in her first two budgets have exacerbated weakness in the labour market.
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