New exploration in the North Sea will be supported by a £5 million UK government fund for 2018-19, Chancellor Philip Hammond announced during a visit…

ESM Investments is to launch a specialist £25 million fund in 2018 to fuel further growth in Scots-based technology. The company aims to attract high…

The current draft of the UK government’s EU Withdrawal Bill is “a direct threat to the devolution settlement which the people of Scotland overwhelmingly voted…

Ratings agency Moody’s Investors Service has downgraded the credit rating of the UK, saying Brexit will weigh on the UK economy and that the UK government’s…

Scotland’s booming fruit, vegetable and horticultural industry is already suffering from a shortage of migrant labour amid ongoing Brexit uncertainty, NFU Scotland has warned. NFU Scotland…

The Outline Business Case (OBC) for extending Edinburgh’s trams to Newhaven via Leith Walk has been approved by the City of Edinburgh Council. The OBC…

Co-op Group said revenue fell slightly to £4.6 billion in the 26 weeks ended July 1 compared to £4.7 billion at the same stage last year “as…

Celtic plc said its revenue increased 74.2% to £90.6 million in the year ended June 30 and profit before tax soared to £6.9 million from £500,000 a…

Uncertainty over Brexit continues to loom over Scotland’s economic recovery, according to the Fraser of Allander Institute (FAI). In its latest economic commentary the University…

A service to support more companies in Scotland with the potential to reach turnover of more than £100 million has been launched by Scottish Enterprise….

The University of Edinburgh’s publishing subsidiary reported a record year of sales in its latest financial results. The growth at Edinburgh University Press was driven…

The governments of Scotland and Wales said on Tuesday they jointly published amendments to the European Union (Withdrawal Bill) “to prevent the UK Government taking control…

Glasgow-based Arnold Clark Automobiles, Scotland’s biggest privately-owned company, said its 2016 turnover rose 9.2% to a record £3.66 billion and operating profit rose £14.1 million to…

The UK’s Financial Reporting Council (FRC) — which regulates auditors, accountants and actuaries — announced the closure of its investigation into the conduct of KPMG’s audit…

The European Commission said it approved under EU State aid rules the alternative package proposed by UK authorities to replace the commitment for Royal Bank…

First Minister Nicola Sturgeon announced on Monday that Scotland’s new social security agency will be headquartered in Dundee, bringing hundreds of jobs to the city….

Glasgow-based packaging firm Macfarlane Group said it conditionally agreed to acquire the packaging business and selected assets of Nottingham-based Greenwoods Stock Boxes Limited and 100% of its…

Glasgow-based media firm STV Group plc said on Friday it secured an extension of its £60 million revolving credit and overdraft facility. STV said the…

The UK Investment Association’s first annual asset management survey following the UK’s decision to leave the EU reveals assets under management in the UK increased…

ScotRail commuters riding between Edinburgh and Glasgow are set to trial “the fastest in-train wi-fi service in the world.” ScotRail is collaborating with Cisco, CGI,…

The UK’s Financial Conduct Authority (FCA) has rejected calls to publish a report into allegations that Royal Bank of Scotland’s Global Restructuring Group (GRG) bankrupted…

Bank of England Governor Mark Carney said in a television interview that the possibility of the first British interest rate rise in 10 years had…

Scottish retail sales increased by 1.9% in August on a like-for-like basis compared to August 2016, according to the Scottish Retail Consortium-KPMG Scottish Retail Sales…

Scotland now has the highest employment rate of any UK nation — with the rate growing to a record high of 75.8% over the last…

The approximate sales value of oil and gas produced in Scotland for the financial year 2016-17 rose 15.2% to £17.5 billion, according to new figures from Scotland’s…

Shares of East Kilbride-based Goals Soccer Centres fell about 10% on Tuesday after it said its “overall turnaround to profitable growth is taking slightly longer than…

The UK’s Competition and Markets Authority (CMA) said it has accepted proposals to resolve competition concerns regarding the £2.2 billion purchase of Amec Foster Wheeler by Aberdeen-based…

New statistics from Scotland’s Chief Statistician show the total outstanding bank debt of Scottish farms increased 5% over the past year to £2.32 billion — the highest since records…

August’s purchasing managers’ index (PMI) survey from Bank of Scotland indicated a moderate increase in Scottish private sector output. Growth softened following the 33-month high recorded…

Trade association RenewableUK has hailed the “dramatic” fall in the cost of offshore wind in the results announced on Monday of competitive auctions for new contracts…

Scottish housebuilder Springfield Properties announced its intention to seek admission of its ordinary shares to trading on London’s secondary AIM market. Elgin-based Springfield hopes to raise up…

The latest IHS Markit report on jobs data for Scotland signalled a further improvement in labour market conditions in August. Recruitment consultancies reported sharp increases…

Scotch Whisky distilleries achieved a record 1.7 million visits last year — up almost 8% on 2015. Distilleries now rank among some of the most…

Massachusetts Attorney General Maura Healey said Edinburgh-headquartered FanDuel and Boston-based DraftKings, the two largest daily fantasy sports sites, will pay a total of $2.6 million after…

Anton Colella, CEO of the chartered accountants’ professional body ICAS, is to leave the organisation to take up a new role as global CEO of international accountancy network…

Production spend on film and TV in Scotland increased by more than 30% last year to £69.4 million – the highest figures since records began….

The health of small and medium-sized enterprises (SMEs) in the UK has risen to its highest level in 18 months, according to the SME Health…

The Scottish Government said £60 million will be made available to accelerate innovation in new technologies, including low carbon and digital projects by 2020. The Innovation…

Standard Life’s financial planning business 1825 announced changes to its senior leadership team “as the business enters the next stage of its growth.” Steve Murray will…

Almost $6 billion worth of mergers and acquisition deals have taken place in the UK oil and gas sector in the first half of the…

Scottish immunotherapy company TC BioPharm (TCB) said it signed an agreement to work alongside clinical academics at University College London (UCL). The agreement will see…

Deloitte and the University of Strathclyde’s Fraser of Allander Institute said they have agreed a partnership “to provide businesses with enhanced insights into the Scottish…

Celtic said its chief executive Peter Lawwell has been voted on to the influential executive board of the European Club Association’s 19th General Assembly in…

Tesco Bank CEO Benny Higgins has been appointed by the Scottish Government to create a new Scottish National Investment Bank. Higgins, a colourful character who was…

Edinburgh-based independent craft beer company Innis & Gunn said on Tuesday that Greenwich, Connecticut-based private equity firm L Catterton has made an offer to invest in the…

The UK North Sea is on track for the biggest year of oil and gas field startups in a decade, according to data from Edinburgh-based…

Scotland has been voted the most beautiful country in the world by readers of Rough Guides. Canada was second, New Zealand was third, Italy was…

Inverness Airport saw a 23.5% increase in passenger numbers in the last financial year – up to 829,018 during 2016-17. Inverness recorded the highest monthly…

First Minister Nicola Sturgeon on Thursday revealed plans for a 70% increase in Scottish Government funding for businesses to conduct new research and development (R&D)…

Figures released by the Co-op show that sales of Scottish products across its 350 stores are up 33% year-on-year. The biggest increase has been seen on…

The Scottish Salmon Company (SSC) said its harvest volumes in the first half of 2017 fell to 11,617 tonnes from 13,123 tonnes for the same…

The Scottish Government said it intends to grant planning permission in principle for Judy Murray’s proposed tennis and golf centre at Park of Keir in…

Scotch Whisky was one of the first applications to be listed on New Zealand’s register of geographical indications (GIs) — a sign used on wines…

Shares of North Sea-focused oil producer EnQuest fell for a second day following its update on Wednesday that cut its full-year production forecast amid a slower…

Royal Bank of Scotland has agreed to sell one of its London office buildings to a division of Quebec’s government pension manager for slightly less than the…

Scotland’s employment rate increased by 1.1 percentage points to a record high of 75.2% over the April to June quarter — meaning 30,000 more people…

Research into payment trends carried out for business technology firm First Data has revealed that half of Scottish customers would walk away from a purchase if…

Moray Council has granted planning permission for what will be Scotland’s largest solar farm. Councillors approved Elgin Energy’s development of the 47-hectare Speyslaw site near Urquhart,…

The UK’s Competition and Markets Authority (CMA) said on Tuesday it is “considering proposals” to overcome its competition concerns about Aberdeen-based oil and gas services giant…

Scottish Widows — part of Lloyds Banking Group — is considering buying Zurich’s platform, according to a report in Money Marketing. A deal would see Zurich…

Scottish private sector output growth surged to a 33-month high in the third quarter of 2017, according to the latest Bank of Scotland PMI (purchasing managers’ index)…

Prudential plc announced its intention to combine its asset manager M&G with insurance businesses Prudential UK & Europe (Prudential UK&E) to form M&G Prudential in…

Co-operative Bank said on Thursday its losses before tax narrowed to £135.2 million in the six months to June 30, 2017, from £177 million in…

UPDATE 1 — Shares of Royal Bank of Scotland rose on Friday after it posted an attributable profit of £939 million for the first half…

Swiss private bank Julius Baer said it is opening new offices in Glasgow, Manchester and Leeds and it has hired a number of experienced relationship…

New research by VisitScotland has revealed that walking tourism generates up to £1.26 billion for the Scottish economy. The research found that in 2015, four…

The UK government said it will work to reduce export tariffs on Scotch Whisky and other Scottish produce as the UK prepares to leave the…

Glasgow-based sausage skin and collagen products firm Devro said its revenue rose 11% to £125.2 million in the six months to June 30 but underlying profit before…

Private equity firm Bridgepoint confirmed it will buy Edinburgh-based Miller Homes in a transaction totalling £655 million from funds managed by GSO Capital Partners, a division of Blackstone….

The UK’s Competition and Markets Authority (CMA) said it has found that Wood Group’s purchase of Amec Foster Wheeler “gives rise to competition concerns.” The CMA said…

Johnston Press — owner of The Scotsman, the i newspaper and about 200 local newspapers and websites — said growth in its digital revenues and at the…

Glasgow-based Aggreko, the world’s largest temporary power firm, said its half year revenue rose 16% to £792 million but profit before tax and exceptional items fell…

Cumbernauld-based Irn-Bru maker A.G. Barr said in a trading update its revenue for the 26 weeks ended July 29, 2017, is expected to be £136 million,…

Berlin-based Leonardo Hotels said it acquired Edinburgh-based Portland Hotels, giving it five properties in Edinburgh, Glasgow, Perth and Aberdeen and increasing its UK portfolio to…

Private equity firm Bridgepoint is close to finalising a £655 million deal to acquire Edinburgh-based Miller Homes, according to a report in the Financial Times. Meanwhile,…

UPDATE 2 — Shares of Clydesdale and Yorkshire Bank owner CYBG rose about 9% after it announced a positive trading update for the three months…

Dunfermline has seen the highest house price growth in Scotland on a per square metre basis over the past five years — a roughly 20%…

Edinburgh-based Standard Life Investments said it voted its clients’ 465 million shares in Vodafone against Vodafone’s resolution to reappoint PricewaterhouseCoopers (PwC) as Vodafone’s auditors and against…

The Scottish Government and the Scotch Whisky Association have urged the UK Government to mount a “robust legal protection” of the £5 billion Scotch whisky industry…

Scottish law firm Brodies LLP said its revenues grew 2.4% to a record £66.7 million in its financial year to April 30, 2017. Over the same…

The UK Treasury said the European Commission has accepted in principle the British government’s plans to free Royal Bank of Scotland from an obligation to…

Standard Life and Aberdeen Asset Management said the UK’s Financial Conduct Authority and Prudential Regulation Authority “have confirmed their approval to enable the merger between…

The UK’s Oil and Gas Authority (OGA) has launched the 30th Offshore Licensing Round with 813 blocks or part blocks on offer in mature areas…

East Kilbride-based Goals Soccer Centres said it agreed a strategic 50:50 joint venture with City Football Group, which owns a number of football clubs including Manchester City, New…

Manufacturers in Scotland reported that new orders rose at the fastest pace in more than 40 years in the quarter to July, driven by record…

The average decision time in Scotland for major developments in 2016-17 was 37 weeks, six weeks slower than the average of 31 weeks in the…

UPDATE 1 — Edinburgh and Newcastle-based challenger bank Virgin Money Holdings on Tuesday announced changes to its board and said underlying profit before tax rose 26%…

Convenience retailers McColl’s said its revenue rose 7.6% to £504.8 million in the 26 weeks to May 28, 2017, helped by stores acquired from the Co-op. However, profit…

Virgin Money CEO Jayne-Anne Gadhia — a former leading executive at Royal Bank of Scotland — said in an interview that the “alpha male” culture…

Edinburgh-based Miller Homes is closing in on a sale valuing it at more than £600 million, according to a Sky News report. The report said…

Leading Scottish law firm Maclay Murray & Spens announced on Friday it is to combine with Dentons, the world’s largest law firm. The combination, expected…

More than 60 leading public figures in Scotland — including Lord Kerr of Kinlochard, the Scottish peer who wrote Article 50 — have published an open letter…

UK companies distributed an all-time record £33.3 billion in dividends in the second quarter, beating the previous record of £29.1 billion set in Q2 last…

The UK government’s Transport Secretary Chris Grayling said Britain’s new high speed rail lines (HS2) between London and the North-West of England will also benefit Scotland….

Shares of Glasgow-based engineering giant Weir Group rose more than 7% after it gave an update to its 2017 outlook that “reflects accelerated recovery in North American oil…

Scottish Enterprise is to contribute £11.7 million towards Aberdeen Harbour’s £350 million expansion, supporting the creation of 2,300 jobs by 2026. SE funding is in…

Courier firm DX Group, currently in the process of merging with the distribution business of Edinburgh-based John Menzies, said it will split its business into two divisions —…

Edinburgh-headquartered FanDuel and Boston-based DraftKings, the two largest daily fantasy sports sites, have terminated their merger agreement. The decision follows the move by the US Federal Trade…

The largest office leasing deal in Edinburgh for more than 20 years has been agreed following confirmation by the UK Government that it will open…

Scotland’s unemployment rate fell to a record low of 3.8% over the last quarter, down 0.7 percentage points, according to labour market statistics for March to…

ScottishPower said it will invest £4 million every day until 2020 as it celebrated the official opening of its new headquarters in St Vincent Street,…

Edinburgh-based oil and gas company Cairn Energy announced the results of the FAN South-1 well in the South Fan prospect offshore Senegal. “The well encountered…

Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, said in a trading update for the year ended June 30, 2017, that it expects to…

Aberdeen-based oil and gas services giant Wood Group said it was awarded a new contract by Maersk to deliver mechanical and management services for the…

The Bank of Scotland purchasing managers’ index (PMI) data for June showed a slight increase in Scottish private sector output. The June data extended the…

About 61% of Scottish businesses want the UK to stay in the European single market and the customs union after Brexit, according to a survey…

The IHS Markit Report on Jobs for Scotland for June has indicated a “sharp improvement of labour market conditions.” “Steep growth in demand for both…

US marketing agency Merkle said it acquired Edinburgh-based data analytics firm Aquila Insight. Aquila Insight was founded in 2012 and also has offices in London and Derby….

Shares of payment processing firm Worldpay Group, sold by RBS to comply with EU rules after its UK state bailout, rose 28% on Tuesday after Worldpay said it received…

Upmarket home builder Cala Group on Tuesday issued a trading update for the 12 months to June 30 — and said it was on track…

The number of households that have purchased a new home through the Scottish Government’s Help to Buy shared equity scheme has exceeded 10,000, according to…

UK defence secretary Michael Fallon announced the signing of a contract worth £3.7 billion to start building the Royal Navy’s Type 26 Frigates. Fallon said manufacture…

UPDATE 2 – Shares of Perth-based rail and bus giant Stagecoach Group touched a seven-year low, falling as much as 10%, after it said statutory profit…

The European Commission said it fined Alphabet unit Google a record €2.42 billion for abusing its dominance as a search engine by “giving illegal advantage”…

Royal Bank of Scotland has confirmed it that plans to cut 443 UK jobs dealing with business loans and that many of the roles will move…

The UK Government’s Department for Business said on Friday that new laws from Monday, June 26 will force Scottish limited partnerships to disclose ownership and…

The Scottish Government has announced plans to accelerate the growth of Scotland’s fruit and vegetables sector with the launch of a new industry group. The…

The Scottish Government said a new enterprise agency will be created to meet the economic needs of communities in the South of Scotland. It said…

A new CBI Scotland report has claimed that improving productivity and unlocking growth across Scotland’s regions could be worth up to £25 billion to the…

Scottish Equity Partners (SEP) said it provided project finance to fund the construction of the €8.7 million, 4.6MW Curraghderrig wind farm in the Republic of…

Shareholders of Standard Life and Aberdeen Asset Management both voted overwhelmingly to approve the £11 billion merger of the Scottish investment giants on Monday. About…

Scotland’s food and drink exports increased by more than 11% to £1.2 billion in the first quarter of this year, compared with the same period…

Shareholders of Standard Life and Aberdeen Asset Management will vote on Monday on the proposed £11 billion merger of the two Scottish investment giants. The transaction requires…

Credit rating agency Moody’s has upgraded its rating on Royal Bank of Scotland Group to investment grade, saying the move reflected the group’s “stronger standalone financial…

The Scottish Government’s IT programme set up to deliver financial support to farms and rural businesses has been slammed in a report by Audit Scotland. The…

More than 750,000 Scottish homes and businesses can now connect to fibre broadband thanks to the £428 million Digital Scotland Superfast Broadband programme, the Scottish…

The Scottish Government said Scotland’s unemployment rate has fallen to 4.0% to match the lowest rate in 25 years. Labour market statistics for February-April 2017 published…

The Scottish Government said more than £1.75 billion would be allocated to councils in a major commitment to stimulate investment in affordable housing. It said…

Glasgow-based cloud computing firm iomart said it would hike its dividend 90% after revenue rose 17% to £89.6 million and adjusted profit before tax grew 18% to…

Ineos announced plans on Monday to build a new petrochemical production plant in mainland Europe and expand capacity at its existing plants in Grangemouth, Scotland and…

Growth momentum picked up in the Scottish private sector in May, with output increasing by the greatest degree since February, according to the latest Bank…

UPDATE 2 — Brexit talks should be delayed until political stability is established in the United Kingdom, according to the Federation of Small Businesses (FSB) in…

UPDATE 2 — Courier firm DX Group, currently in the process of acquiring the distribution business of John Menzies in a reverse takeover, said on Friday it was notified by the…

Aberdeen-based oil and gas services giant Wood Group said it was awarded a new industrial services contract by BAE Systems Submarines. Effective immediately, the two-year contract…

A High Court judge in London on Wednesday called off the trial due to begin in the long-running investor lawsuit against Royal Bank of Scotland over its 2008…

The latest IHS Markit Report on Jobs for Scotland signalled improving labour market conditions in Scotland, with sharp rises in worker placements, record growth in permanent…

UPDATE 1 — Wheatley Group, Scotland’s biggest social landlord, confirmed reports that it secured a £100 million debt investment deal with BlackRock Real Assets as it drives forward…

Tern Plc, an investment company specialising in Internet of Things, announced the appointment of Scottish technology industry veteran Ian Ritchie as its non-executive chairman with effect…

Trade association Oil & Gas UK said its new blueprint for the North Sea oil and gas industry — outlining four key priorities for the next UK Government…

The Ivy Collection, the group behind the world-famous Ivy restaurant in London’s Covent Garden — will open its first restaurant in Scotland this autumn in…

Aberdeen-based bus and rail giant FirstGroup said revenue in the year to March 31 rose 8.3% to £5.65 billion and profit before tax rose 23% to £207 million, helped…

The value of exports of all UK food and drink grew to a record £4.9 billion in the first quarter of 2017 — driven by whisky…

Edinburgh-based pensions and investment giant Standard Life said it has fully integrated its auto enrolment offering with Newcastle-based software giant Sage Group, the UK’s largest tech company. Standard…

Celtic plc announced the resignation of Ian Livingston as a director of the company with effect from June 30, 2017. Celtic said Livingston, who was…

The distribution arm of Edinburgh-based John Menzies said on Monday it would take full control of Ireland’s EM News Distribution. Menzies Distribution said that under terms…

Edinburgh-based video security company IndigoVision said on Monday that tech industry veteran George Elliott will join its board of directors on June 1, 2017 and succeed Hamish Grossart as chairman of…

UPDATE 3 — The RBoS Shareholder Action Group, which alleges investors were misled by Royal Bank of Scotland over its £12 billion rights issue in…

North Sea oil exploration firm EnQuest said in an operational update that its flagship Kraken oilfield was on track to begin producing oil before the end…

Home buyers in Scotland borrowed £1.8 billion for house purchases in the first quarter of 2017, down 15% on the previous quarter but up 5% on the…

The value of fish landed by Scottish registered vessels increased by 29% to a record £563 million in 2016, according to the latest statistics published by…

Standard Life chief executive Keith Skeoch told the Press Association in an interview he is confident the group’s proposed £11 billion merger with Aberdeen Asset Management…

The civil trial involving Royal Bank of Scotland and a group of investors over a £12 billion rights issue by RBS in 2008 has been adjourned by a…

Grangemouth refinery operator Ineos said it agreed to acquire the Dong Oil & Gas Business from Dong Energy for up to $1.3 billion. Ineos said the deal would position…

Aberdeen-based oil and gas services giant Wood Group on Wednesday increased its presence in the automotive hub of Detroit by acquiring CEC Controls for $59 million. And late on…

The High Court in London was told on Tuesday morning that a majority of claimants suing Royal Bank of Scotland over its £12 billion rights issue in 2008…

Verisk Analytics, owner of Edinburgh-based energy, metals and mining consultancy Wood Mackenzie has acquired MAKE, a research and advisory business specializing in wind power. New Jersey-based…

The Scottish government said 2016 was a record-breaking year for the number of foreign direct investment (FDI) projects in Scotland, according to the latest annual survey…

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said 32% of shareholders at its annual general meeting voted against…

The UK’s Competition and Markets Authority (CMA) said it has started its routine inquiry into the proposed merger of Standard Life and Aberdeen Asset Management. A…

BP and its co-venturers Shell and Siccar Point Energy announced first oil from the redeveloped Schiehallion Area following completion of the multi-billion-pound Quad 204 project in the west…

UPDATE 2 — Royal Bank of Scotland (RBS) is attempting to reach a last-minute settlement with a group of investors who allege that the bank misled them…

Shares of Edinburgh-based video security company IndigoVision rose for the second day in a row after it said in a trading update on Thursday that…

Edinburgh-based oil and gas company Cairn Energy on Friday stressed the potential of its work in Senegal and the North Sea in a statement ahead…

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — issued a trading update on Friday ahead of its annual general meeting…

The number of overseas visitors to Scotland rose 6% to 2.7 million in 2016 — and the amount those visitors spent rose 9% to £1.85 billion, according to the Office for…

Perth-based energy giant SSE said on Wednesday its adjusted pre-tax profit rose 2.1% to £1.55 billion in the year to March 31 — but warned of uncertainty ahead as the…

Unemployment in Scotland has fallen to 4.4% — below the 4.6% rate for the whole of the UK. The Labour Market Statistics for January to…

Aberdeen’s economy is showing signs of cautious optimism — helped by recent transactions in the oil and gas sector — according to financial advisory firm Grant Thornton. Grant…

The UK government said on Wednesday that Lloyds Banking Group — which includes Bank of Scotland and Halifax — had been fully returned to private ownership following the…

Payments from a loan scheme designed to help vulnerable farmers and crofters in Scotland have started, the Scottish government said. More than 7,400 payments worth more…

Baillie Gifford’s flagship £5 billion fund, the Scottish Mortgage Investment Trust plc, said Fiona McBain would succeed John Scott as chairman of the FTSE 100…

Clydesdale and Yorkshire Bank owner CYBG said on Tuesday its underlying profit rose 15% to £123 million in the six months to March 31 and that it remained on…

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said that following consultations with shareholders, its proposed new directors’ remuneration policy would be changed…

Tesco Bank chief executive Benny Higgins is to succeed Ben Thomson as the new chair of the National Galleries of Scotland (NGS) board. The appointment is…

Job creation in Scotland reached an eight-month high in April despite business confidence easing to its lowest in six months, according to April’s Bank of Scotland Regional…

The Scottish Salmon Company said its revenues for the first quarter of 2017 were £35.1 million, up from £29.1 million in the same quarter last…

Edinburgh-based tidal power company Atlantis Resources said it signed a strategic partnership agreement (SPA) with South Korean offshore construction giant Hyundai Engineering & Construction regarding global…

Glasgow-based international mobile power firm Aggreko announced a big change to its executive management team, with Nicolas Fournier, managing director of its Power Solutions division since November…

Advertising contributed £8.8 billion to Scottish gross domestic product (GDP) in 2015 — about 5.6% of the Scottish economy — according to a new report from Biggar…

Edinburgh-based John Menzies said on Friday its proposed deal to merge its Menzies Distribution division with mail delivery firm DX Group continued to “move forward positively” and…

Royal Bank of Scotland shareholders voted overwhelmingly to back the bank’s executive pay plan with more than 96% approving the proposals at the RBS annual…

The Scottish government said Scotland’s £1 billion forestry sector would in future be “fully accountable to Scottish ministers and the Scottish Parliament” as it prepared to introduce its Forestry…

Edinburgh-based pensions, investment and insurance firm Aegon UK said its earnings rose 45% to £31 million in the first quarter as combined assets in its “platform”…

Aberdeen-based oil and gas services giant Wood Group — currently in the process of buying rival firm Amec Foster Wheeler for about £2.2 billion — said on Wednesday its…

Standard Life and Aberdeen Asset Management expect to cut their combined workforce by up to 800 roles — nearly 9% of the companies’ combined payroll — within three years of their proposed merger, Standard…

Glasgow-based packaging firm Macfarlane Group on Tuesday published its annual general meeting statement covering 2017 to date, saying group sales had grown 11% compared to…

The first oil has begun to flow from the Shaw field, part of a major redevelopment of the Montrose Area in the Central North Sea about…

The Scotch Whisky Association (SWA) has published its manifesto for the UK General Election, urging politicians to support Scotch via measures including a fairer tax regime, ambitious trade deals…

Hurricane Energy said on Monday the amount of oil estimated to be recoverable from its Lancaster field west of Shetland is 162% higher than previously thought,…

Mining and commodities trading multinational Glencore said it appointed Aberdeen Asset Management CEO Martin Gilbert as an independent non-executive director of Glencore with immediate effect. Aberdeen Asset Management is…

Activist shareholder Gatemore Capital Management has written to the board of mail delivery firm DX Group threatening to block its reverse takeover deal with the distribution arm of…

The trade body for the UK oil and gas industry has warned UK prime minister Theresa May the industry’s cost of trade in goods could rise from £600…

Convention Edinburgh said the Scottish capital, the UK’s leading international meetings destination outside of London, made a “solid start” to 2017 with five new bid wins equating…

UPDATE 2 — Aberdeen Asset Management said its revenue increased to 10.6% to £534.9 million and underlying profit before tax increased 19.8% to £195.2 million in the six…

The National Farmers Union in Scotland has called on Scotland’s booming food and drink sector to address the growing imbalance between the profitability enjoyed by…

UPDATE 2 — Scotch whisky exports increased last year by 4% to more than £4 billion, with the value of single malt exports exceeding £1 billion for…

UPDATE 2 — Shares of Royal Bank of Scotland jumped 5% on Friday after it reported a first quarter attributable profit of £259 million, its first quarterly profit…

Royal Bank of Scotland has reached an out-of-court settlement with more shareholders who alleged the bank misled them during a £12 billion rights issue during the…

A record high in Scotland’s population has been driven by inward migration, according to data published by the National Records of Scotland (NRS). The latest…

UPDATE 1 — Glasgow-based international mobile power firm Aggreko said in a first quarter trading update that its outlook for 2017 remained unchanged and that it…

UPDATE 1 — Glasgow-based engineering giant Weir Group said its oil and gas orders rose 50% in the first quarter driven by significant growth in North…

Lloyds Banking Group (LBG) said it appointed retired High Court Judge Linda Dobbs as the independent legal expert to consider whether issues relating to the HBOS Reading…

Infrastructure projects worth almost £6.4 billion will be under construction throughout Scotland in 2017, the Scottish government said. Projects including the Forth Valley College Falkirk Campus,…

UPDATE 1 — Newcastle and Edinburgh-based challenger bank Virgin Money insisted it had maintained a “strong focus on asset quality” as its credit card balances grew about 8% to £2.7…

Scottish Equity Partners (SEP) said it led a £26 million investment into LoveCrafts, the creator of online crafts communities with millions of users worldwide. Existing…

UPDATE 1 — Perth-based transport giant Stagecoach Group and Virgin Group announced they are joining forces with French high speed rail operator SNCF to bid for the…

UPDATE 1 — Two thirds of small employers in Scotland with EU workers are concerned about future skills shortages, according to new research from the…

UPDATE 1 — Glasgow-based media company STV Group said its CEO Rob Woodward “will stand down from his position and from the board within 12 months.” STV’s…

Workloads for small and medium firms (SMEs) in Scottish construction rose faster in the first quarter of 2017 than at any time since the 2007 financial…

The Auditor General for Scotland, Caroline Gardner, has sent a report to the Scottish Parliament on the “financial sustainability” of three colleges — Edinburgh College,…

Shares of East Kilbride-based Goals Soccer Centres rose about 6% after it confirmed it was in “preliminary discussions” about a merger with rival firm Powerleague. “The board…

The economic value of golf tourism and events to Scotland has increased to £286 million a year, according to a study commissioned by VisitScotland and Scottish…

Scotmid Co-operative said it made a trading profit of £5.3 million for the year ended January 28 – down from £5.7 million in same period…

An estimated 530,000 jobs in Scotland depend on demand for Scotland’s goods and services from the rest of the UK, according to research by the University of Strathclyde’s Fraser…

Aberdeen Asset Management CEO Martin Gilbert said in an interview that bigger distribution in the United States would be a key ambiton of the combined Standard Life-Aberdeen…

The UK government said it agreed to sell its Edinburgh-based UK Green Investment Bank (GIB) to Macquarie Group of Australia for a total of £2.3 billion. The…

Edinburgh-based industrial testing firm Exova Group has agreed to a £620 million cash takeover offer from Element Materials Technology Group, the companies said on Wednesday. Element is…

Scotch and spirits firm William Grant & Sons said it acquired Hudson Valley, New York-based Tuthilltown Spirits to expand its reach into craft American whiskey distilling for the first…

UK chancellor Philip Hammond has conceded that the British government may be forced to sell the UK taxpayer’s stake in Royal Bank of Scotland (RBS) at a loss….

UK Prime Minister Theresa May has announced plans to call a snap general election on June 8 — having decided she needs to win support for…

Scottish food and drink exports to Asia grew by £72 million or 7% in 2016 to just over £1 billion, the Scottish Government said. Latest statistics…

Scotland’s official unemployment level fell by 15,000 in the most recent quarter to 123,000, with the rate down 0.5 percentage points to 4.5% — below the…

CYBG, owner of Clydesdale and Yorkshire Banks, said it will make a minimum of £6 billion of lending available from 2017 to 2019 to help fuel…

UK Business Secretary Greg Clark announced £29 million of funding for the University of Edinburgh’s Roslin Institute — birthplace of Dolly the Sheep, the first mammal to…

UPDATE 2 — ShareSoc, the UK Individual Shareholders Society, recommended that investors vote against the re-election of Royal Bank of Scotland chairman Howard Davies at the bank’s…

Strong growth in international flights helped Edinburgh and Glasgow airports to their busiest March ever last month. Edinburgh Airport said it had more than 956,000 passengers last…

A downturn in Scotland’s big services sector offset strong manufacturing production growth in March as the Bank of Scotland Regional Purchasing Managers’ Index (PMI) report showed Scotland’s…

Aberdeenshire-based craft beer company BrewDog said San Francisco private equity firm TSG Consumer Partners acquired 22% of BrewDog in a transaction that values BrewDog at roughly £1 billion. According to…

Highlands and Islands Airports Ltd (HIAL) recorded a 15.4% increase in passenger numbers — reaching a record breaking 1,658,423 customers — at its 11 airports…

Baillie Gifford’s flagship £5 billion fund, the Scottish Mortgage Investment Trust plc — which recently entered the FTSE 100 index for the first time in its…

Hurricane Energy said on Friday it tripled its estimate of recoverable oil from its Lancaster field in the North Sea. The announcement came a few days after Hurricane announced…

Lloyds Banking Group said it expects compensation for “economic losses, distress and inconvenience” related to the HBoS Reading scandal will be about £100 million and that a provision for that…

Local authorities in Scotland made a £40.3 million profit on £79.3 million of income from their car parking charges and penalties in 2015-16, according to research by the…

Marriott International plans to open seven new hotels in Scotland over the next four years “due to their confidence in Scotland’s strong economy and tourism sectors,”…

Shares of Aberdeen-based oil and gas services company Wood Group rose after it said its expected annual cost synergies from its proposed £2.2 billion deal…

Scottish gross domestic product (GDP) grew 0.4% over the year of 2016 but contracted 0.2% in the fourth quarter compared to the previous three months, according to Scotland’s…

Edinburgh-based venture capital firm Par Equity is to open its first US office in San Francisco and launch a $125 million fund, First Minister Nicola Sturgeon…

BT said it signed a new power purchase agreement (PPA) worth £185 million over 15 years with the Stroupster Wind Farm in Caithness, Scotland, which is…

Aberdeen-based independent oil and gas firm Parkmead said it nearly doubled its stake in the major Sanda North and Sanda South structures in the West of…

Edinburgh-based oil and gas firm Bowleven said on Tuesday it concluded its strategic review and it “is not in active discussions with any third party in relation…

The European Commission said on Tuesday it opened an “in-depth investigation” to assess whether an alternative package proposed by UK authorities “is an appropriate replacement for…

Wind turbines in Scotland set a new March record for the total amount of power sent to the UK National Grid since records began, according…

Edinburgh-based oil and gas firm Bowleven said on Monday that Eli Chahin — a nominee of activist investors Crown Ocean Capital — has been appointed acting…

Grangemouth refinery operator Ineos said it agreed to acquire the important Forties Pipeline System (FPS) and associated pipelines and facilities in the North Sea from BP…

Glasgow-based cloud computing firm iomart said in a trading statement that for the year to March 31, 2017, it expects to show revenue growth of 17%…

Powers over the revenue and management of Crown Estate resources in Scotland have been transferred to the Scottish Government. From April 1, Scottish Ministers will…

UPDATE 4 — Edinburgh-based John Menzies said it was in discussions over the potential sale of its distribution arm to much smaller delivery firm DX Group in a…

UPDATED — Scotland’s gross expenditure on research and development (GERD) rose 1.1% or £23 million in 2015 to £2.15 billion, according to a report from Scotland’s chief statistician. Scottish GERD…

Royal London said its 2016 operating profit before tax rose 16% to £282 million as its new life and pensions business rose 28% to £8.7 billion on a present…

Monaco-based activist shareholder Crown Ocean Capital (COC) has completed its boardroom clear-out at Edinburgh-based oil and gas firm Bowleven with the resignation of chairman Billy Allan and departures…

Scotland’s First Minister Nicola Sturgeon said the triggering of Article 50 to start negotiations for a UK withdrawal from the European Union was was a “leap in the…

Edinburgh Trams recorded its busiest day yet when more than 28,000 passenger journeys were made on the day of Scotland’s rugby match against Wales at Murrayfield Stadium in…

Edinburgh-based Standard Life plc said terms have been agreed to sell its Hong Kong insurance business Standard Life Asia to Standard Life’s Chinese joint venture insurance business…

Shares of Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — fell another 10% after it reported a statutory…

The bid by Scotland’s First Minister Nicola Sturgeon to stage a second referendum on Scottish independence was formally backed by the Scottish Parliament on Tuesday. MSPs voted 69 to 59…

Shares of Cumbernauld-based Irn-Bru maker A.G. Barr rose after it said its statutory profit before tax increased 4.4% to £43.1 million on revenue down 0.6% to £257.1 million in the 52 weeks…

Aberdeen-based Wood Group said it was awarded a $50 million contract with Premier Oil to deliver topside operations and maintenance services to the Balmoral floating production…

Aberdeen-based FirstGroup and joint venture partner MTR Corporation have been awarded the UK’s new South Western rail franchise, taking it away from Perth-based Stagecoach which has operated the…

Hurricane Energy on Monday confirmed weekend reports that it made a further, important oil discovery west of Shetland, calling the find “the largest undeveloped discovery…

Edinburgh-based industrial testing firm Exova Group said on Monday it has received proposals for three possible cash offers for the company. It said the proposals were from Dutch…

Hurricane Energy is set to announce it has made a further, important oil discovery west of Shetland, according to the Financial Times. The news comes…

Dundee-based investment firm Alliance Trust on Friday announced its 2016 results, saying its share price rose 23% over the year, total shareholder return rose from 10.7% to 26.4%, and…

The UK’s Oil and Gas Authority (OGA) said it awarded 25 licences to 17 companies in the 29th Offshore Licensing Round to enable further exploration and production…

Royal Bank of Scotland is planning to close almost 160 RBS and NatWest bank branches throughout the UK, putting hundreds of jobs at risk. RBS, still more than 70% owned by…

A new report by Savills and Scottish Woodlands said more than 18,300 hectares of forestry were sold across Britain last year at a cumulative value of £83 million…

Edinburgh-based oil and gas firm Bowleven — which last week had most of its board ousted by Monaco-based activist shareholder Crown Ocean Capital (COC) — said it is launching…

Infrastructure investment manager Ancala Partners LLP said it raised £51 million of debt facilities for Green Highland Hydro (GHH), the asset ownership vehicle for hydroelectric power…

North Sea exploration firm EnQuest, which recently went through a complex financial restructuring, said on Tuesday its 2016 gross profit rose 13.22% to $196.1 million despite…

Glasgow-based Smart Metering Systems (SMS) said its 2016 revenue increased 25% to £67.2 million and profit before tax rose 4% to £18.2 million as it completed three acquisitions ahead…

Shares of East Kilbride-based Goals Soccer Centres rose about 8% after it said 2016 sales edged up 1.6% to £33.5 million amid an investment programme and it…

The UK government said on Monday it intends on March 29 to formally trigger the long negotiations for the UK to leave the EU. “The UK’s Permanent…

Lloyds Banking Group — which owns Halifax and Bank of Scotland — said on Monday it appointed Professor Russel Griggs to review the cases of firms affected in…

Standard Life and Aberdeen Asset Management on Monday outlined the allocation of responsibilities between co-chief executives Keith Skeoch and Martin Gilbert after the companies complete their…

Food and drink exports from Scotland grew by £421 million or 8% in 2016 to a record £5.5 billion — with exports to EU countries…

Amec Foster Wheeler — which on Monday agreed to be bought by Aberdeen-based Wood Group for about £2.2 billion — said it won a contract with the US…

Shares of Edinburgh-based tidal power company Atlantis Resources rose 3% after it announced its intention to enter the French tidal power market through a cooperation…

Monaco-based activist shareholder Crown Ocean Capital (COC), which has ousted most of the board at Edinburgh-based oil and gas firm Bowleven, on Friday requisitioned another general meeting to…

Petrochemicals group Ineos is in discussions with BP to buy the important Forties Pipeline System in the North Sea, according to news reports. Ineos depends…

UK Prime Minister Theresa May said in a BBC interview that Scotland should not have a second referendum vote on independence before Brexit negotiations are completed….

The Scottish unemployment rate has fallen to 4.7% — the same as the rate for the whole of the UK, according to new data from the UK’s…

Monaco-based activist shareholder Crown Ocean Capital (COC) has been successful in ousting most of the board at Edinburgh-based Bowleven, the Africa focused oil and gas exploration company, including chief…

Aberdeen-based Wood Group said on Tuesday it won two separate contracts related to BP’s Mad Dog 2 project in the Gulf of Mexico, providing engineering…

STV chief executive Rob Woodward was on Tuesday appointed non-executive chairman of data erasure and mobile device diagnostics firm Blancco Technology Group, succeeding Matthew Peacock. Blancco also said…

The manager of Aberdeen Asset Management’s £1.5 billion closed-end fund the Murray International Trust launched a scathing attack on the “discredited stupidity” of central bankers…

The Scottish government said more than £590 million would be made available for 2017-18 to increase the supply of affordable homes in Scotland. It said…

Perth-based energy giant SSE said it would increase its electricity prices 14.9% on average from April 28 in a move that would affect 2.8 million customers throughout Great Britain….

Scotland’s First Minister Nicola Sturgeon said she plans to seek the Scottish Parliament’s approval to begin discussions with the UK Government on the details of a Section 30…

Aberdeen-based oil and gas services company Wood Group said it agreed to buy rival firm Amec Foster Wheeler for about £2.2 billion in an all-share “transformational” deal….

Aberdeen Asset Management CEO Martin Gilbert said in an interview on Friday he will focus on external affairs after his company merges with Edinburgh-based Standard Life to create the UK’s largest…

The Scottish government’s finance secretary Derek Mackay has announced that Scottish local authorities will receive a total funding package of £10.426 billion for 2017-18. Mackay’s…

Edinburgh-based Miller Homes said its operating exceeded £100 million for the first time in 2016 and that 2017 forward sales are 50% ahead of last year. Miller said operating profit…

The Scotch Whisky Association (SWA) said the UK chancellor’s decision to increase excise duty on spirits by nearly 4% or 36p a bottle in his…

Standard Life Investments said its high-profile head of equities David Cumming “has chosen to leave … to pursue other interests” — just days after Standard Life announced…

Trade body Oil & Gas UK welcomed the move unveiled by UK chancellor Philip Hammond in his Budget speech to review North Sea tax rules to try and find ways…

Edinburgh-based aviation logistics and news distribution company John Menzies said its 2016 turnover rose to just more than £2 billion from £1.99 billion in 2015 and profit before tax edged…

Edinburgh-based oil and gas company Cairn Energy said it reduced its full-year loss to $95 million in 2016 — compared to a $516 million loss…

The Scottish Government should use new borrowing powers to create an infrastructure bond to encourage private sector investment in Scotland’s transport network and other public…

Trade body Oil & Gas UK said output from the UK Continental Shelf (UKCS) rose 5% to 1.73 million barrels of oil equivalent per day (boepd) in 2016 and should…

Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, said its first half revenue to December 31 increased 16% to $26.8 million and profit before tax…

Shares of Glasgow-based international mobile power firm Aggreko fell roughly 12% after it said 2016 revenue and profit fell and that it expects the current full year profit before tax…

Wind power generated the equivalent of 67% of Scotland’s entire electricity needs for the month of February, according to WWF Scotland. WWF Scotland published its analysis…

Glasgow-based sausage skin and collagen products firm Devro said currency gains helped its 2016 revenue increase 4.7% to £241.1 million — but in constant currency its revenues declined 6.9%….

UPDATE 5 – Edinburgh-based Standard Life has agreed to buy Aberdeen Asset Management for £3.8 billion in an all-share transaction that would create a global fund management player overseeing £660 billion…

UPDATE 5 – Scottish investment giants Standard Life and Aberdeen Asset Management confirmed in a joint statement they are in discussions about a possible all-share merger that would create a…

The Oil and Gas Authority’s five-year review of major oil and gas projects on the UK Continental Shelf showed more than £40 billion was invested in projects — but…

Glasgow-based media company STV Group said its 2016 revenue rose 3% to £120.4 million and statutory pre tax profit rose 60% to £15.7 million amid a growth in its “non-broadcast…

A joint venture between developer Moda Living and investment manager Apache Capital has bought a site in Fountainbridge on the west side of Edinburgh city centre to develop 525…

Edinburgh-based cyber security software firm ZoneFox said it closed a £3.6 million funding round led by Scottish business angel investment syndicate Archangels with co-investment from The Scottish Investment…

The charity Allia Impact Finance said it issued its ninth charitable bond for Scotland — taking the total invested by the Scottish government in Allia bonds…

Scottish transport giants Stagecoach and FirstGroup are to fight it out with one other bidder to win the new East Midlands rail franchise, which Stagecoach has…

Baillie Gifford’s flagship £5 billion closed-end fund company, the Scottish Mortgage Investment Trust plc, will enter the FTSE100 index for the first time in its…

The Scotch Whisky Association (SWA) — the influential trade body for the £5 billion Scotch industry — said it appointed diplomat Karen Betts as its new chief…

Shares of Cumbernauld-based Irn-Bru maker A.G. Barr rose after it said it has made a “further commitment to reduce sugar across its soft drinks portfolio” in advance of a UK…

Dundee-based investment firm Alliance Trust said its shareholders approved its radical plans to outsource its equity portfolio management and buy back the 19.75% stake of its biggest shareholder, US activist hedge fund…

Edinburgh-based industrial testing firm Exova Group said its 2016 revenue rose 10.8% to £328.6 million and profit before taxation rose 58% to £36.6 million despite weakness in its oil and gas business. On a…

Edinburgh and Newcastle-based challenger bank Virgin Money said its 2016 statutory profit before tax increased 41% to £194.4 million and its gross mortgage lending grew 12% to £8.4 billion, giving it…

Sterling fell against major currencies on Monday amid reports that another Scottish independence vote could be called and uncertainty about Britain’s future as it prepares to leave the European…

The UK government’s defence secretary Michael Fallon said £1.7 billion would be invested to upgrade Scottish military bases as the MoD’s Defence Board met in Edinburgh for the…

The Scottish Salmon Company said its 2016 revenue was £110 million, up from £100.4 million in 2015, as strong market prices boosted the firm despite the salmon…

Royal Bank of Scotland said it made an attributable loss in 2016 of £6.95 billion which included litigation and conduct costs of £5.87 billion and restructuring costs of £2.1 billion….

Edinburgh-based investment, pensions and insurance giant Standard Life said its operating profit before tax rose 9% to £723 million in 2016 and assets under administration rose by 16% to…

Underlying profit at Scottish Widows fell 13% to £837 million in 2016 as the company felt the effect of “recent reforms on activity within the pensions market.” As parent Lloyds…

Glasgow-based packaging firm Macfarlane Group pledged to continue looking for takeover deals as it revealed that recent acquisitions helped its 2016 sales rise 6% to £179.8 million and profit before tax…

Shares of Glasgow-based engineering giant Weir Group fell after it said its 2016 profit before tax fell 22% to £170 million and revenue slipped 2% to £1.84 billion amid…

The BBC said on Wednesday it will make the “biggest single investment in broadcast content in Scotland in more than 20 years.” It said that from…

The World Bank said in a new paper that economic policy uncertainty in Europe and the United States is contributing to a decline in world trade…

Celtic plc said it will make a proposal of application to Glasgow City Council for the possible further development of the Celtic Park area including the potential creation…

The Scottish government’s finance secretary Derek Mackay has responded to fierce criticism of the country’s business rates regime by announcing that “9,500 more businesses across…

Kentucky-based spirits and wine group Brown-Forman said it appointed Rachel Barrie as whisky maker for its Scotch whisky portfolio which includes the single malts BenRiach, The GlenDronach and Glenglassaugh distilleries,…

Shares of Aberdeen-based oil and gas services giant Wood Group fell around 8% on Tuesday after it said 2016 revenue fell 15.7% to $4.93 billion, profit…

Clydesdale and Yorkshire Bank owner CYBG said late on Monday that it notified Royal Bank of Scotland that it has withdrawn its preliminary non-binding proposal for,…

The UK production boss of Norwegian multinational Statoil said “large discoveries can still be made” in the UK Continental Shelf (UKCS). Statoil (UK) is the operator of the massive Mariner…

Scotch whisky exports were up 4% in value in 2016 to just over £4 billion and up 4.8% by volume to 1.2 billion bottles, the…

Edinburgh-based TV advertising analytics firm TVSquared said it raised another $6.5 million “as the demand for TV measurement and optimization grows within the $202 billion TV ad…

Unilever and Kraft Heinz announced in a joint statement on Sunday that Kraft Heinz “has amicably agreed to withdraw its proposal for a combination of…

ShareSoc, the UK Individual Shareholders Society, warned of “major problems” for Dundee-based investment firm Alliance Trust if shareholders do not support the firm’s board in its radical plans to outsource its equity portfolio…

Royal Bank of Scotland said EU competition officials are considering an alternative plan that would replace the requirement for RBS to sell about 300 of its branches under…

UK-Dutch consumer goods giant Unilever — owner of brands including Dove, Flora, Hellmans, PG Tips, Knorr and Persil — rejected a potential offer of around $143 billion from The Kraft…

Student accommodation developer Unite Group plc said it would sell 13 properties comprising 4,175 beds to a Brookfield-managed fund for £295 million, with Unite’s share of the deal…

The CEO of Edinburgh-based investment and insurance firm Aegon UK said financial adviser platforms need to become more like Amazon and “invest in the user experience.”…

Glasgow City Council has voted to approve planning permission in principle for the University of Glasgow’s £1 billion campus masterplan to transform the west end of the…

Upmarket home builder Cala Group said in a trading update it remained on course to deliver another record year of revenues and profits in 2017, despite its average…

Edinburgh-based oil exploration company Cairn Energy has emerged as a frontrunner to buy North Sea oil and gas assets put up for sale by Denmark’s Dong Energy, according…

The value of Scottish food and drink exports to Japan has surged to almost £100 million, strongly supported by Scotch whisky, external affairs secretary Fiona…

Unemployment in Scotland rose by 6,000 over the October to December 2016 quarter to 135,000, but the jobless level was down 27,000 on the same quarter…

Edinburgh-based Krotos, producer of audio products for the entertainment industry, said it secured angel investment in a deal led by Leslie Benzies, former president of Grand Theft Auto…

Perth-based transport giant Stagecoach Group said it sold its interest in the Twin America LLC joint venture for an undisclosed sum. Twin America was a joint venture between…

State-owned Scottish ferry company Caledonian MacBrayne (CalMac) said that in 2016 it exceeded five million passengers for the first time since 1997 — helped by the first full year…

The finance ministers of Scotland, Wales and Northern Ireland said the UK Government has failed to provide the devolved administrations with necessary information or clarity…

The most recent Wealth & Assets Survey (WAS) for Great Britain showed that aggregate total wealth of private households in Scotland increased to £856.6 billion…

The Scotch Whisky Association (SWA) has urged MEPS to vote in favour of the EU-Canada Comprehensive Economic and Trade Agreement (CETA). The SWA said CETA…

Glasgow-based regenerative medicine firm Collagen Solutions announced a conditional placing and open offer of shares to raise up to £8 million and said it received a conditional…

Melrose-based angel investment group Tweed Renaissance Investors (TRI Capital) appointed Jamie Andrew as its new chairman following the retirement of Rob Dick. Andrew said: “TRI Cap has…

A new fintech hub backed by the UK and Scottish governments and based at Royal Bank of Scotland’s headquarters at Gogarburn, Edinburgh, will open to entrepreneurs…

There were 85 businesses in Scotland with parent companies registered in Japan by November 2016, with a collective turnover of £1.5 billion and 6,250 employees at 210 sites, new…

The Co-operative Bank, rescued from near collapse by hedge funds in 2013, said it has put itself up for sale amid a neeed to build its capital and…

New order growth accelerated to a 20-month high at Scottish private sector companies in January, according to the latest Bank of Scotland Regional Purchasing Managers’…

The CEO of Aberdeen-based Faroe Petroleum said in an update the firm was “poised for a major growth phase” and it would pursue deals in its core…

Edinburgh-based tidal power company Atlantis Resources announce an agreement to partner Natural Energy Wire (NEW) to develop the Wyre tidal project to be built between…

The Trump administration represents a risk to international economic conditions and global sovereign credit fundamentals, Fitch Ratings said on Friday. “US policy predictability has diminished,…

A group of senior businessmen — including Angus Grossart and Brian Souter — are among investors seeking to join a lawsuit against Royal Bank of Scotland alleging they…

ScottishPower said it will increase its standard domestic gas and electricity prices from March 31, 2017 — but nearly two out of three homes supplied…

The University of Edinburgh said its total income for the year ended July 31, 2016 was £908 million — including exceptional items of £19 million —…

In what is being called the largest letting in Scotland since the EU referendum, the management, engineering and development consultancy Mott MacDonald has agreed terms to move…

Manchester United said its revenue rose 18% to £157.9 million in the three months to December 31, 2016, but its net debt jumped 27.1% to £409.3 million. It its outlook, the company…

Leicester-based wealth management firm Mattioli Woods said it acquired 49% of Edinburgh-based fund manager Amati Global Investors Limited from Amati Global Partners LLP for £3.33 million.   Mattioli Woods…

Edinburgh-based Bowleven, the Africa focused oil and gas exploration company, on Wednesday urged its shareholders to vote against all resolutions of Monaco-based activist shareholder Crown Ocean…

The overall annual turnover of the UK’s oilfield services (OFS) industry fell from £40.6 billion in 2014 to £35.7 billion in 2015, according to a new…

Lloyds Banking Group — which owns Halifax and Bank of Scotland — said it will undertake a review of all customer cases which may have…

British consumers pay more than one quarter of all the tax on spirits collected in Europe, mainly because of a UK domestic tax level far higher than the European…

Shares of Aberdeen-based bus and rail giant FirstGroup rose about 5% after it said its reported group revenue rose 12.8% in the quarter to December 31, helped by favourable currency translation…

Celtic plc said qualifying for the group stages of the UEFA Champions League helped it increase revenue by 94.7% to £61.2 million in the six months…

Edinburgh-based rented housing developer Sigma Capital Group said it acquired a further three sites in the West Midlands and North West of England to deliver 200…

Israel’s Delek Group said it offered to buy the 80% of Aberdeen-based oil and gas operator Ithaca Energy it doesn’t already own for about $524 million in cash….

Glasgow-based Smart Metering Systems (SMS) said total annualised recurring income increased by 20% to £41.3 million as at December 31, 2016. The company’s shares have soared about…

The US Commodity Futures Trading Commission (CFTC) said it ordered the Royal Bank of Scotland to pay an $85 million civil monetary penalty as part of a…

A report by real estate giants Savills said Glasgow had the building blocks in place to reaffirm its position as “Scotland’s powerhouse” to compete with the “Northern Powerhouses”…

Professor Peter Mathieson — currently president and vice-chancellor of the University of Hong Kong — has been appointed as the next principal and vice-chancellor of…

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post  — said in a trading statement that although its revenue fell…

The UK’s central bank has increased its central expectation for UK growth in 2017 to 2% — up from its November forecast of 1.4% — and expects…

The Scottish Investment Trust (SIT) said it entered a share repurchase agreement to buy back the 11.88% stake in the company held by investment firm Aviva on…

ShareSoc, the UK Individual Shareholders Society, said it is consulting legal advisors following the decision by Royal Bank of Scotland not to take forward a proposed AGM…

Shares of Aberdeen Asset Management fell almost 5% after it said its assets under management fell about £9.4 billion to £302.7 billion in the three months…

Property consultants CKD Galbraith said the commercial farmland market in Scotland will remain robust throughout 2017 “given the healthy levels of interest witnessed in the previous 12 months.”…

Shares of Aberdeen-based oil and gas engineering services company Plexus Holdings fell around 20% on Wednesday afternoon after it warned in a trading update that its revenue for…

Perth-based energy giant SSE said in a trading statement it expected its capital investment programme for 2016-17 to be around £1.75 billion. SSE confirmed that for 2016-17 it…

Edinburgh-based fund management giant Standard Life Investments issued its Governance & Stewardship Annual Review for 2016 in which it revealed it voted its clients’ shares 430…

Edinburgh-based aviation logistics and news distribution firm John Menzies said it reached an agreement with the UK’s Competition and Markets Authority (CMA) to complete the acquisition of Orlando, Florida-based aviation…

New data from the Scottish Tourism Economic Assessment Monitor (STEAM) revealed that tourism in the Scottish Borders and Midlothian has received a major boost since the…

Shares of Cumbernauld-based soft drinks maker A.G. Barr rose about 3% after it said its revenue for the 52 weeks ended January 28 is expected…

Clydesdale and Yorkshire Bank owner CYBG said trading in the three months to December 31, 2016, had been in line with its expectations with deposit balances up…

Shell agreed to sell roughly half of its UK North Sea assets to independent firm Chrysaor for up to $3.8 billion. Chrysaor, backed by Harbour Energy, an…

The Royal Bank of Scotland Group (RBS) said its board decided not to take forward a proposed AGM resolution submitted by ShareSoc and UK Shareholders’ Association…

Shares of Glasgow-based intellectual property law firm Murgitroyd Group fell another 7% on Monday after it said profit before tax fell 30% to £1.48 million in the six months to November 30, 2016. Murgitroyd…

A shortage of properties in the Glasgow area means the number of houses being sold has decreased — but high demand for available properties means they are selling faster…

Hosting the 145th Open golf championship at Royal Troon delivered more than £110 million worth of benefit to Scotland, according to an independent study announced by…

Dundee-based investment trust company Alliance Trust plc said it agreed to buy out the 19.75% stake in Alliance held by its biggest shareholder, US activist hedge fund Elliott…

Edinburgh-based Standard Life plc said Paul Matthews, CEO UK & Europe Pensions and Savings will stand down as an executive director and Barry O’Dwyer, currently CEO…

Royal Bank of Scotland Group plc said its full year 2016 results will reflect the taking of a further £3.1 billion provision in relation to investigations…

Glasgow City Council has unveiled plans to transform the area around Byres Road, the centre of the city’s bohemian west end, in a £9 million project. The…

Scotland’s exports to the rest of the UK and to international markets in 2015 — excluding oil and gas — were estimated at £78.6 billion, up…

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said it signed a multi-million pound contract with Associated Newspapers Limited (ANL), owners…

The Scotch Whisky Association (SWA) called for a 2% spirits excise duty cut in the next UK Budget as it revealed new research that showed Scotch…

Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said it achieved record-breaking sales in 2016 — a 33% rise from £25.5 million in 2015 to £33.9 million in 2016….

Shares of Glasgow-based intellectual property law firm Murgitroyd Group fell about 20% after it said in a trading update that its full year results will fall short of market…

The establishment of a Scottish government-owned energy company and a potential role for renewable energy bonds are just two of the proposals that will make up a…

Aberdeen-based bus and rail giant FirstGroup and Italy’s Trenitalia UK said they will bid together for the East Midlands and West Coast Partnership rail franchises due…

The number of passengers using Lerwick Harbour in Shetland increased by 10% to 184,487 in 2016 thanks to a 67% rise in visitors on cruise ships to a record…

Edinburgh-based fund manager Standard Life Investments said it has strengthened its environmental, social and governance (ESG) investment team with the appointment of Deborah Gilshan as…

The UK Supreme Court has ruled that prime minister Theresa May must get the approval of the UK parliament before she begins the process for…

North Sea exploration firm EnQuest said it agreed to acquire from BP an initial 25% interest in the Magnus oil field for about $85 million — with an option to…

Edinburgh-based Apex Hotels Limited said its turnover rose 7% to £61.3 million and profit before tax soared 132% to £10.3 million in the year to April 30,…

Scottish headquartered law firm Brodies LLP said it appointed three new partners who are “recognised leaders in the fields of infrastructure projects, real estate finance and…

Edinburgh-based fund manager Baillie Gifford & Co. announced it would appoint three new partners on May 1, 2017, taking its total number of partners up to 43. Baillie Gifford employs…

The Brexit vote caused a “dramatic drop off” in recruitment activity across the Scottish financial sector and led to “paralysis” in salaries, according to leading…

Network Rail said Alex Hynes, the current managing director of Arriva Rail North, will be appointed managing director of the ScotRail Alliance. He will replace Phil…

The UK government may cancel the planned sale of Edinburgh-based Green Investment Bank (GIB) to Australian investment firm Macquarie, and could push instead for a £3.8 billion…

Network Rail and Abellio announced that ScotRail Alliance managing director Phil Verster will be moving to become managing director of the planned East West rail project…

Shares of Edinburgh-based FreeAgent Holdings, which provides accounting software for small businesses, rose for a second successive day following the announcement that it won a major contract with…

The Scottish government’s external affairs secretary Fiona Hyslop will visit Japan next month to strengthen economic and cultural ties between the two countries. Hyslop will meet business…

Crab and lobster, landings of which were worth £26.8 million to the Scottish economy in 2015, are to be given additional protection through new conservation…

The Scottish Government has published detailed proposals of a plan to achieve a 66% reduction in Scotland’s greenhouse gas emissions by 2032. Cabinet Secretary for…

Spending by North American visitors to Scotland rose 28% to a record £633 million in the 12 months to the end of September 2016, according to new figures….

Manchester United regained first place in the Deloitte Football Money League, ending the 11-year run of Real Madrid. Deloitte said record revenue of €689 million (about £515 million)…

The UK’s housing stock is now worth a record £6.79 trillion, about 3.65 times the UK’s GDP, according to new analysis published by Savills. London and…

Airdrie Savings Bank (ASB), established in 1835, has told customers and staff it will close down because “as a very small bank, we will not…

Leaders of Unite the union have urged The City of Edinburgh Council to follow the example of Aberdeen City Council which has just completed a successful £370…

Clydesdale and Yorkshire Bank owner CYBG said that 40 branches of Clydesdale Bank and 39 branches of Yorkshire bank will close in 2017 “as part…

Aberdeen-based Faroe Petroleum said it has been awarded four new prospective exploration licences, including two operatorships, on the Norwegian Continental Shelf. Faroe Petroleum CEO Graham Stewart…

Unemployment in Scotland in the September to November quarter was down 12,000 on the same quarter last year, but rose by 11,000 during the period to 139,000, according to UK’s…

Norwegian multinational Statoil said it agreed to divest 25% of its assets in Hywind Scotland pilot park, the world’s first floating wind farm, to Abu…

Shares of Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, rose about 6% after it said in a trading update that it expects to…

The Green Investment Bank Offshore Wind Fund said it exceeded its initial £1 billion target with its sixth UK asset acquisition — a 44% stake in the…

More than 93% of the office space purchased in Edinburgh in 2016 was bought by overseas investors, according to new research from property firm JLL….

UPDATED – Aberdeen Asset Management said in its latest annual report that “taking account of the financial performance in 2016” salaries for its employees earning…

East Kilbride-based Goals Soccer Centres said former chief executive Keith Rogers, an executive director, has stepped down from the company’s board. Current goals CEO Mark Jones said: “On…

The latest Bank of Scotland regional Purchasing Managers’ Index (PMI) showed business activity in Scotland returned to growth in December, with a rebound in job…

Glasgow-based drinks company Edrington — owner of The Macallan, Highland Park and Famous Grouse — has announced a number changes in its executive ranks. Edrington said Bill Farrar, managing…

UPDATED – Shares of Johnston Press, owner of The Scotsman, the i newspaper and the Yorkshire Post, have risen almost 20% this week amid speculation…

The Scottish Government said more than half of all commercial properties in Scotland will pay no business rates in 2017-18. It said that as a result…

The University of Aberdeen said it appointed Aberdeen Asset Management CEO Martin Gilbert as senior governor to lead its governing body, the University Court. The senior governor…

Glasgow-based engineering giant Weir Group said it appointed David Paradis to its group executive as division president of Weir Flow Control, effective January 23. Paradis succeeds John…

Highlands and Islands Airports Ltd (HIAL) said passenger numbers rose 10.6% to a record 1,606,168 travellers at its 11 airports across Scotland in 2016. HIAL is…

The Financial Stability Board (FSB) has published its policy recommendations to address structural vulnerabilities in the global asset management industry. The asset management industry grew to $76.7…

The average selling price of a house in east central Scotland increased by 2% in 2016, compared with 5.6% in 2015, according to the ESPC….

Shares of Glasgow-based sausage skin and collagen products firm Devro rose about 3% after it said its performance had recently improved in China, Russia and South East Asia and…

Scotland’s two largest airports — Edinburgh and Glasgow — had record numbers of passengers in 2016, handling almost 22 million travellers. Edinburgh Airport said it had 12.37 million…

The number of people working in Scottish tourism rose 11% to 217,000 between 2014 and 2015 — representing roughly 9% of Scotland’s total employment, according to…

Former Saatchi & Saatchi chairman Kevin Roberts — who resigned from his role last year after he made controversial comments about gender in the advertising industry in an interview…

Aberdeen-based oil and gas services giant Wood Group said it secured a five year, multi-million dollar framework agreement to continue to provide engineering and project management services…

Edinburgh-based oil and gas company Cairn Energy said it appointed industry veteran Nicoletta Giadrossi as an independent non-executive director and a member of its remuneration committee. Cairn chairman Ian Tyler…

Aberdeen City Council leader Jenny Laing performed the opening ceremony at the London Stock Exchange on Tuesday to mark the local authority’s successful £370 million bond issue….

Edinburgh-based sustainability software and data company Ecometrica has won a contract worth more than £14 million from the UK Space Agency’s recently launched International Partnership…

The UK government said its has now recovered more than £18 billion of the £20.3 billion that taxpayers injected into the Lloyds Banking Group — owner of the Bank…

TH Real Estate said it agreed to acquire the OMNi centre in the east end of Edinburgh city centre from Aviva Investors. The OMNi centre…

New figures from PwC’s Skyval Index show that deficits of UK defined benefit (DB) pension funds stood at £560 billion at the end of 2016, up…

Shares of Glasgow-based retail marketing company SpaceandPeople fell about 25% after it said trading during the key month of December was poorer than expected. In a…

Media group Future plc said it acquired the magazines, domain names, events, radio licence and websites of Classic Rock, Metal Hammer, Prog, Blues and the Golden…

The Institute for Public Policy Research Scotland (IPPR Scotland) has warned that the Scottish skills system needs to be reformed to adapt to an economy…

Emerging markets specialist Aberdeen Asset Management believes that any imposition of trade barriers after Donald Trump becomes president of the United States “may force some…

Demand for Edinburgh townhouse office-to-residential conversions has surged, driven largely by rising residential prices in Edinburgh’s west end and New Town, according to Shepherd Chartered Surveyors. The firm…

A new Master’s Degree in Financial Technology (Fintech) is to be launched at the University of Strathclyde to support the digital transformation of Scotland’s financial…

The Scottish government has launched a 12-week consultation on the long term framework for the devolved management of the Crown Estate in Scotland. It said…

Edinburgh-based synthetic biology company Synpromics announced a research collaboration with GE Healthcare “to jointly develop customised synthetic promoters optimised for GE Healthcare’s proprietary biopharmaceutical manufacturing…

Glasgow-based mobile power company Aggreko said it has been awarded a contract to be the official temporary electricity generation provider for the Olympic Winter Games PyeongChang 2018. Aggreko…

Edinburgh-based Aegon UK said it completed the roughly £140 million purchase of Cofunds — an investment platform for financial advisers — following regulatory approval. Cofunds had about £77 billion…