News

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…



STV Productions hires Mortimer from Tinopolis

Glasgow-based media firm STV said it appointed David Mortimer — the man behind hit shows including Dragons’ Den, Louis Theroux’s Weird Weekends and 71 Degrees North…


Robertson Group revenue up 33% to £752m

Stirling-based construction and infrastructure firm Robertson Group said it delivered a 33% increase in turnover to £752 million and an 18% hike in profit before tax…







TSB CEO Pester leaves after IT fiasco

UPDATE 3 – TSB Bank Plc said on Tuesday that its CEO Paul Pester is leaving the company after months of pressure that followed a botched…




£17m pledged in Scots electric vehicle push

Scotland’s First Minister Nicola Sturgeon announced on Monday £16.7 million of additional funding to help significantly increase the number of green buses across the country and…


TSB hit by yet another IT problem

TSB — which is owned by Spain’s Banco Sabadell — said on Monday some of its customers are having problems using its internet banking facilities, its…




SSE, Npower merger provisionally cleared by CMA

The Competition and Markets Authority (CMA) said on Thursday it has provisionally cleared the merger of SSE Retail and Npower after an in-depth review. Perth-based energy giant SSE…


Beeks Financial revenues rise 41% in maiden year

Glasgow-based Beeks Financial Cloud Group, the recently-floated automated trading provider for financial markets, said its revenues increased 41% to £5.58 million for the year ended June…


Johnston Press H1 revenue falls 10% to £93m

Johnston Press — the debt-laden owner of The Scotsman, the i newspaper, the Yorkshire Post and about 200 local newspapers and websites — said on Wednesday its revenue…







Macfarlane H1 turnover up 14% to £102m

Glasgow-based packaging firm Macfarlane Group said its turnover rose 14% to £102 million and profit before tax soared 39% to £3.5 million in the six months…


BrewDog half-year sales up 55% to £78m

Ellon, Aberdeenshire-based craft brewing firm BrewDog on Thursday released a half-year trading update and said its total revenue is at £78 million, up 55% on…















SCDI chief leaves after one year

The Scottish Council for Development and Industry (SCDI) announced on Monday its chief executive Mark Bevan has resigned from the organisation after a year at…





HSBC’s Iain Mackay to join GSK as CFO

GlaxoSmithKline announced that Iain Mackay has been appointed GSK’s next chief financial officer (CFO). Mackay joins GSK from the global bank HSBC, where he has…