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…











RBS to pay first dividend in a decade

Royal Bank of Scotland on Friday reported an operating profit before tax of £1.8 billion for the first half of 2018, a figured that included an…












Clydesdale owner mortgage book tops £24bn

Clydesdale and Yorkshire Bank owner CYBG, which is buying Newcastle-based Virgin Money for roughly £1.7 billion, said on Monday its third-quarter trading was in line with its…








Menzies sells news distribution arm for £74m

Edinburgh-based John Menzies plc said on Thursday it agreed to sell Menzies Distribution, its print media division, to investment funds managed by private equity fund Endless…