News




Aberdeen’s Wood wins $120m China contract

Aberdeen-based global engineering group Wood plc said it has secured a contract valued at over $120 million with Sinopec Hainan Refining and Chemical Limited Company…




Martin Gilbert group buys 29% of AssetCo

London-listed investment vehicle AssetCo plc said on Monday that a “concert party” of Martin Gilbert, Peter McKellar, various associates and funds managed by Toscafund Asset…


Souter Investments makes big changes at the top

Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, said on Monday it appointed John Berthinussen and Calum Cusiter as co-managing directors. Andy…



UK funds attract record £8.3bn in November

The UK’s fund industry enjoyed record highs in November 2020 as savers invested £8.3 billion with active funds attracting a record £5.3 billion of inflows and tracker funds…


Tennent’s owner C&C takes stake in Innis & Gunn

Edinburgh-based craft beer company Innis & Gunn has announced a new partnership with Dublin-based C&C Group to sell and distribute Innis & Gunn’s range of beers across the on-trade in the UK and Ireland. Innis…



Nucleus Financial grows assets 8% to £17bn

Edinburgh funds platform Nucleus Financial Group announced its assets under administration (AUA) rose 8.1% to £17.4 billion in the three months to December 31, 2020. Earlier this…





Euan Munro joins BNY Mellon’s Newton as CEO

Newton Investment Management, part of BNY Mellon Investment Management, announced on Wednesday the appointment of former Aviva Investors and Standard Life Investments executive Euan Munro as…































Scots GDP up for sixth consecutive month

Scotland’s GDP increased by 0.6% in October, according to statistics announced on Friday by the Chief Statistician. This is the sixth consecutive month of increasing…














Edinburgh Filmhouse new design plans lodged

The Centre for the Moving Image (CMI) has submitted a full planning application for the proposed New Filmhouse in Edinburgh’s Festival Square to City of Edinburgh Council’s planning department.   The move follows public…










Amazon invests in another Scottish wind farm

Amazon has announced its investment in 26 new utility-scale renewable projects totalling 3.4 gigawatts (GW) of energy capacity around the world, including the major Scottish…