News







Scots farming output hit by bad weather

Bad weather affected the output of Scottish agriculture over the past year, with sheep and cattle numbers falling and reductions in output of cereals and…





Hotel Indigo Glasgow sold to Singapore firm

Maven Property, the property arm of Glasgow-based private equity firm Maven Capital Partners, said it completed the £14.5 million sale of the four-star Hotel Indigo…



Scots job market continues to improve

Scottish labour market conditions continued to improve in September, with sharp growth being recorded in both permanent placements and temporary staff billings, according to the…





Souter sells Finland’s OnniBus to Koiviston

Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, said on Thursday it completed the sale of Finnish intercity bus operator OnniBus.com to Koiviston Auto…







Sandy Crombie joins LendingCrowd as chairman

Sandy Crombie, the former Standard Life CEO and Royal Bank of Scotland senior independent director, has joined Scottish fintech lender LendingCrowd as chairman. Launched in late…








Barr first-half revenue up 5.5% to £137m

Cumbernauld-based Irn-Bru maker A.G. Barr said its revenue grew 5.5% to £136.9 million and profit before tax and exceptional items increased 4.0% to £18.2 million…


WIG raises £220m to invest in 5G-ready wireless

Edinburgh-based Wireless Infrastructure Group’s (WIG) said it completed a debt fund raising of £220 million to “accelerate its investments into neutral-host, 5G-ready wireless infrastructure.” The new…



Drax targets £1bn of ScottishPower assets

North Yorkshire-based power company Drax Group is in talks to buy a number of ScottishPower assets as it continues to diversify away from coal-burning generation. Drax said…


Aberdeen’s Verus in $400m North Sea deal

Aberdeen-based Verus Petroleum said it agreed to acquire Cieco Exploration & Production (UK) Limited, a subsidiary of Japanese commodity trading house Itochu Corporation, in a deal…



Scots economy outperforms UK

Scottish GDP grew by 0.8% in the first half of this year compared to 0.6% in the UK, according to new statistics from Scotland’s chief statistician….


Celtic makes record revenue of £102m

Celtic plc said it made record sales revenue of £101.6 million (2017: £90.6 million) and a profit before tax of £17.3 million (2017: £6.9 million) for…






Aberdeen Standard in multi-billion rail plan

Edinburgh-based asset management giant Aberdeen Standard Investments and London-based Rock Rail and have finalised an agreement to fund, purchase and then lease new fleets of trains…





IP law firm Murgitroyd’s revenue slips below £44m

Glasgow-based intellectual property law firm Murgitroyd Group said on Tuesday its revenue slipped to £43.9 million in the year ended May 31, 2018, from £44.3 miilion the previous year. Underlying…


Nucleus Financial assets rise 16% to £14.3bn

Edinburgh-based funds platform Nucleus Financial Group Limited on Tuesday announced its inaugural set of interim results as a quoted company, with period end assets under administration rising…




Shareholders OK Clydesdale-Virgin Money deal

Shareholders of Clydesdale and Yorkshire Bank owner CYBG and shareholders of Virgin Money on Monday overwhelmingly approved the all-share deal for CYBG to take over its Newcastle-based…


VisitScotland and Expedia in hotel partnership

VisitScotland and Expedia Group, the world’s largest online travel company, are joining forces to help drive travel demand through supporting the country’s hoteliers. “Through the…