STV shares up 15% amid profit cheer, board changes
Shares of Glasgow-based media firm STV Group plc rose about 15% on Wednesday after it said in a trading update it expects operating profit for the…
Shares of Glasgow-based media firm STV Group plc rose about 15% on Wednesday after it said in a trading update it expects operating profit for the…
A strong final quarter of 2020 saw shares in listed Scottish companies outperform the wider FTSE and AIM All Share indices as they soared 29.61%…
Aggreko, the Glasgow-headquartered global provider of mobile energy services, has announced an upgrade of its production facility in Dumbarton with an investment of £4.5 million….
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…
Shares of John Menzies plc, the Edinburgh-based global airport services business, rose about 8% on Tuesday after it published a trading update for the year…
Edinburgh’s office market proved resilient in 2020 with take-up nearing 500,000 sq. ft. and demand remaining strong, according to analysis from Knight Frank. The commercial…
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, 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…
Many Scottish fishermen have stopped exporting to European Union markets because post-Brexit bureaucracy has broken the system that used to deliver fresh langoustines and scallops…
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…
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…
The average selling price of homes in Edinburgh, Lothians, Fife and the Borders increased 8.1% year-on-year to £269,542 in the final three months of 2020,…
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…
Edinburgh-based investment giant Baillie Gifford has appointed Josie Bentley as a co-manager of its top-performing £2.3 billion Baillie Gifford European Fund, joining existing managers Stephen…
Shares of Glasgow-based temporary power giant Aggreko plc rose about 4% on Wednesday after it announced it agreed contract revisions with The Tokyo Organising Committee…
UK fund manager River and Mercantile Group plc (RMG) said on Wednesday that former Standard Life Aberdeen co-CEO Martin Gilbert has today joined its board as deputy…
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…
Ireland’s debt agency said it raised almost a third of its 2021 fundraising target on Tuesday by selling €5.5 billion of 10-year bonds at a…
Fund research giant Morningstar has announced that Edinburgh-based Baillie Gifford’s £17.5 billion flagship fund Scottish Mortgage Investment Trust was its best-performing trust of 2020, having achieved…
Shares of Edinburgh funds platform Nucleus Financial Group fell about 10% on Tuesday following the announcement late on Monday by IntegraFin Holdings plc that it “does…
The three biggest trading venues in London that handle European shares saw almost all of this business move into the European Union on Monday, the…
Aviva Investors said on Monday that Euan Munro is to step down as its CEO after seven years and “will take up a role outside of…
Funds managed by Edinburgh-based investment giant Baillie Gifford have dominated the list of top 10 performing portfolios for 2020, according to data from FE Analytics. Four…
Aberdeen-based bus and rail giant FirstGroup plc said on Thursday it made three property disposals for $137 million as part of its programme to rationalise Greyhound’s…
The Scottish Parliament has rejected the UK Government’s Brexit trade deal with a margin of 92 votes to 30, with all parties except the Scottish Conservatives supporting…
Archangels, the Edinburgh-based business angel investment syndicate, said it led investments of £16.3 million in Scottish start-up and early stage companies in 2020, topping its 2019…
The Brexit fisheries deal negotiated by the UK Government “will mean a fall in the quantity of key fishing stocks” landed by the Scottish fleet,…
Residential property values in Edinburgh increased by 1.7% in the three months to December — making it the strongest fourth-quarter performance in more than 10…
Scotland’s salmon farmers, producers of the UK’s biggest food export, are demanding seafood consignments at Channel crossings are given priority by the UK Government. The…
The Scottish Government has urged Scottish businesses to ensure they are aware of the latest Brexit advice ahead of the EU transition period ending at…
The Scottish Environment Protection Agency (SEPA) confirmed on Thursday that it is responding to a “significant and ongoing cyber attack” affecting its contact centre and…
Scotland’s First Minister Nicola Sturgeon said on Thursday night the “hard” Brexit deal announced by UK Prime Minister Boris Johnson appears to have broken major…
Shares of Alva-based Omega Diagnostics Group rose as much as 20% on Thursday after it said its partner Mologic Ltd has received CE Mark (Conformité Européenne)…
Shares of Edinburgh-based international oil and gas company Cairn Energy rose about 20% on Wednesday after it said the tribunal established to rule on its claim…
The UK’s Office for National Statistics (ONS) said on Tuesday that public sector net debt rose by £301.6 billion in the first eight months of…
Scotch Whisky firm William Grant & Sons — maker of Glenfiddich and The Balvenie — reported turnover growth of 7.5% to £1.425 billion and profit growth…
Glasgow-based global engineering giant Weir Group said on Tuesday the sale of its oil and gas division to Caterpillar Inc. for an enterprise value of $405…
SSE plc, the Perth-based renewable energy and networks giant, said on Tuesday it agreed to sell its portfolio of gas exploration and production (E&P) assets…
Australia-based Scotgold Resources, the gold exploration and production company focused on Scotland, on Monday reported “further good progress” at Cononish, Scotland’s first commercial gold mine. “Scotgold…
Edinburgh-based investment giant Baillie Gifford said it has launched a UK open-ended investment company (OEIC) version of its successful Dublin-registered Health Innovation fund “to invest in…
Edinburgh and Manchester-based rented housing developer Sigma Capital Group said on Monday it signed a new collaboration agreement with Countryside Properties plc, its principal home building…
The Scottish Government said on Monday the hydrogen sector will receive £100 million over the next five years “to support a green recovery and Scotland’s…
Lloyds Banking Group (LBG) — parent of Scottish Widows, Bank of Scotland and Halifax — confirmed on Friday afternoon it has cancelled all staff bonuses for…
Metro Bank on Friday confirmed the sale of a portfolio of owner occupied residential mortgages to the NatWest group for up to £3.1 billion in…
The Scottish Government said on Friday that 25 new schools and campuses are to be constructed or refurbished as part of an £800 million investment “to…
Scotland Food & Drink said on Friday that new figures from the Scottish Government reveal that in the first nine months of 2020, Scottish food…
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…
Barclays plc said on Friday that Ian Cheshire will be stepping down as chair of Barclays Bank UK plc and will be succeeded by veteran…
Audit Scotland said the Scottish Government overspent its 2019-20 budget by nearly £700 million responding to the Covid-19 pandemic. Net spending for the year across…
The Tay Cities Deal has reached a major milestone with UK Government Minister Iain Stewart joining the deal’s partners for an online ceremony to ratify…
J Sainsbury plc said on Thursday that Lesley Jones has been appointed the new chair of Edinburgh-based Sainsbury’s Bank. Jones will replace outgoing chair Roger…
Edinburgh-based international oil and gas company Cairn Energy said on Thursday it will pay a special dividend of 32p per share amounting to $250m as it…
Scotland’s Chief Statistician has released new statistics showing that the Scottish economy grew by 16% during the third quarter of 2020, covering July to September,…
The Auditor General for Scotland has said a subsidiary of Scottish Water may need between £47 million and £88 million in financial support due to…
Aberdeen Standard Investment’s outlook commentary for 2021 says “sustainable higher yielding debt, selected global equity and selected real estate will become even more attractive” as…
Scotland’s unemployment rate decreased over the August-October quarter to 4.2%, below the UK rate of 4.9%, the Scottish Government said. The proportion of people aged…
UK Prime Minister Boris Johnson “needs to get his act together” and secure a trade deal with the EU, said Tavish Scott, chief executive of…
Shares of Springfield Properties, which is building a number of new communities throughout Scotland, rose about 3% on Tuesday after it published a strong trading update…
The Scottish Investment Trust (SIT) said it will increase its dividend for the 37th consecutive year despite its share price total return falling 12% and net…
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…
Shares of Edinburgh funds platform Nucleus Financial Group rose about 3% on Friday after it published an update on fourth-quarter trading saying its assets under administration…
Standard Life Aberdeen chairman Douglas Flint said on Friday that the City of London financial sector is ready for any outcome from the ongoing Brexit…
The Scottish Police Authority (SPA) has improved how it operates but policing in Scotland is “not financially sustainable” says a new report by the Auditor…
Aerospace and defence company Babcock has awarded a £31.5 million contract to Robertson Construction for the development of a new assembly hall at its Rosyth…
Orbex, the European space launch company based in Forres, Scotland, said it secured $24 million in a funding round led by BGF and Octopus Ventures….
Taxes on land and property could ‘serve as a powerful tool for helping Scotland develop a robust, resilient wellbeing economy,” according to a new report…
The Port of Grangemouth has announced a major investment in its rail freight facilities which it said will cement its position as the key strategic…
Shares of Aberdeen-based bus and rail giant FirstGroup plc fell about 4% on Thursday after it said its reported revenue fell £430.3 million to £3.1…
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…
The Scottish Government has announced a £55 million emergency sports funding package “to tackle lost ticket revenue during the pandemic.” The funding will comprise grants…