Wood Group opens data analytics centre in Ireland
Aberdeen-based oil and gas services giant Wood Group said it has established a new data analytics centre of excellence — at its office in Galway,…
Aberdeen-based oil and gas services giant Wood Group said it has established a new data analytics centre of excellence — at its office in Galway,…
Royal Bank of Scotland on Friday attempted to explain how the legal entity structure of the RBS group is expected to change over the next two years…
The value of sea fish and shellfish landed by Scottish registered vessels in 2015 fell by 15% in real terms to £437 million and the quantity fell…
The University of Glasgow is one of four UK universities to benefit from research programme grants totalling £17.7 million to develop new technologies to address the…
Scotmid Co-operative said its turnover rose £4 million to £185 million in the 26 weeks to July 30 and trading profit was in line with last year at £2 million…
Maersk Oil said that drilling of the first production well has started at the massive $4.5 billion Culzean gas development — the largest hydrocarbon discovery in the UK North Sea…
Glasgow-based Arnold Clark Automobiles, Scotland’s biggest privately-owned company, said its turnover rose 2.2% in 2015 to a record £3.35 billion. Operating profit rose 1.7% to £121.7 million…
Aberdeen Asset Management confirmed that former Cantor Fitzgerald Europe joint chief executive Gordon Neilly has joined the fund management firm as global head of strategy. Neilly reports…
Royal Bank of Scotland said it reached a final settlement with the National Credit Union Administration Board to resolve two outstanding civil lawsuits for $1.1 billion…
The World Trade Organization (WTO) said world trade will grow more slowly than expected in 2016, expanding by just 1.7%, well below the WTO’s April…
Labour MSP David Stewart said he will fight for the continuation of the Highlands and Islands Enterprise (HIE) economic agency following a report by an…
About 330,000 jobs across the UK are currently supported by the offshore oil and gas industry, down from a peak of about 450,000 jobs in 2014,…
Scotch Whisky has been registered as a certification trade mark in Taiwan in a major legal breakthrough in the fourth biggest market for Scotch by…
Cumbernauld-based soft drinks maker A.G. Barr took a swipe at the UK Government’s proposed soft drinks sugar tax as it revealed that its revenue fell…
Edinburgh-based Standard Life Investments (SLI) said it will reopen its suspended UK Real Estate Fund and associated feeder funds from 12 noon on Monday, October 17. The…
The Scottish video games industry’s development headcount grew by 25% between December 2014 and March 2016, according to trade association TIGA. This was more than…
Copenhagen-based shipping container and oil conglomerate A.P. Møller-Mærsk said it will split into two separate businesses — forming a transport and logistics company and a separate energy business that will focus…
One of Scotland’s leading headhunters said there is a dearth of suitable female candidates for senior roles in Scotland’s financial sector and that recruiting more female executives…
Clydesdale and Yorkshire Bank owner CYBG is now a possible bidder for Royal Bank of Scotland’s Williams & Glyn branch network after Banco Santander pulled out of talks…
GlaxoSmithKline announced that Emma Walmsley, currently CEO of GSK’s consumer healthcare division, has been appointed GSK’s CEO designate and will succeed Andrew Witty as CEO when he…
Glasgow-based Smart Metering Systems (SMS) said its revenue rose 25% to £32.3 million and its statutory profit before tax jumped 23% to £9.1 million in the half year ended…
Royal Bank of Scotland and Blackstone are close to selling 88 NCP car parks in a £500 million deal, according to news reports. RBS and Blackstone have agreed…
The Scottish Government has called on the UK Government to stimulate economic growth following the UK vote to leave the EU. Cabinet Secretary for Economy Keith Brown called…
Celtic plc said its group revenue increased by 1.8% to £52 million in the year to June 30 and that it made a pre-tax profit…
Aberdeen Asset Management chief executive Martin Gilbert told CNBC in an interview that the US Federal Reserve needs to “get on with it” and hike interest…
The incomes of British pensioners have doubled in the last 20 years and — after housing costs — are now almost equal to those of…
First Minister Nicola Sturgeon welcomed the North Sea expansion plans of Norwegian multinational Statoil on Monday as she officially opened the firm’s new headquarters in…
Standard Life’s financial planning business 1825 said on Monday that it has terminated discussions to acquire Norwich-based independent financial advisers Almary Green, which has assets under advice of…
Edinburgh-based Miller Homes said its profit before tax surged 66% to £38.2 million on revenue up 11% to £256.1 million in the six months to June 30…
The volume of Scotch Whisky exports grew 3.1% in the first half of the year to the equivalent of 533 million bottles, up from 517 million in the first half…
Saltire Court, one of Edinburgh’s most prestigious office blocks, has been put up for sale by Abu Dhabi Investment Authority (ADIA) for about £69 million,…
John Menzies said it agreed to buy Orlando, Florida-based aviation and fuel services company ASIG from BBA Aviation for up to £153 million in what it called a “transformational” deal…
Shares of North Sea exploration firm EnQuest fell up to 5% on Thursday after it said its discussions to sell a 20% stake in the…
Shares of Aberdeen-based oil and gas firm Parkmead rose about 10% after it said it increased its stake in the Perth and Dolphin oil fields…
German drug and crop chemicals firm Bayer said it finally reached an agreement to acquire US seeds and agribusiness giant Monsanto for $128 per share…
The Scottish Government said legislation to remove the automatic council tax discount for second homes has been laid in Parliament. “This change will give councils…
The unemployment rate in Scotland has fallen to 4.7% and is now below the UK rate, according to the UK’s Office for National Statistics (ONS). The Scottish employment…
Oil and gas production in Scotland increased by 21.4% to around 70 million tonnes of oil equivalent in 2015-16 and accounted for 81% of the UK total, according…
DraftKings CEO Jason Robins told Bloomberg TV he “would never say never” to a merger with Edinburgh and Manhattan-based rival fantasy sports operator FanDuel. “There’s a…
The Scottish Government should get ready for further cuts of up to £1.6 billion in its budget by 2020-21 — and local authorities could bear the…
East Kilbride-based Goals Soccer Centres said profit before tax was £3.5 million in the six months to June 30 compared to £4.5 million in the first half…
Troubled Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said on Tuesday it knew of “no operational or corporate…
Total outstanding bank loans to the agricultural sector in Scotland amounted to £2.2 billion at the end of May — the highest since records began…
The UK’s Financial Conduct Authority (FCA) has increased the required minimum level of capital that should be held by Aberdeen Asset Management for regulatory purposes. Aberdeen’s regulatory capital…
Venture capital firm Scottish Equity Partners (SEP) has strengthened its investment and operational teams with three senior appointments. Tony Robison, who joined SEP in 2011…
Edinburgh Airport enjoyed an increase in passengers of 11.9% in August compared to the same month last year — with 1,296,189 people passing through the airport. The number…
Scotland’s private sector firms hired workers at the fastest rate for 17 months and put their prices up to a 25-month high in August, according to latest…
Shares of oil firm Hurricane Energy soared 53% after it said tests at the Lancaster field west of Shetland showed “a very significant hydrocarbon column.” Hurricane CEO…
Troubled Johnston Press, owner of The Scotsman, the i newspaper and the Yorkshire Post, is facing a showdown this coming week with an activist fund…
The value of rare collectable bottles of Scotch whisky sold at auction in the UK rose 25.4% in the first half of 2016 to a…
More than one million passenger journeys have been made on the Borders Railway between Edinburgh Waverley and Tweedbank near Melrose since it opened a year ago…
Shares of Glasgow-based travel and holiday firm Minoan Group fell 8% after it said in a trading update that its business had been hurt by Brexit vote,…
Up to three groups are expected to bid for Edinburgh-based UK Green Investment Bank by Monday’s deadline, according to Bloomberg News. Bloomberg said Sustainable Development Capital LLP is leading…
Statoil and Norwegian state-owned firm Statkraft have signed a letter of intent that Statoil takes over as operator of the Sheringham Shoal Offshore Wind Farm…
The Scottish Government said more than 500,000 acres of land in Scotland are now in community ownership – passing the half way mark to the million acres…
Scottish law firm Shepherd and Wedderburn said its banking and finance practice — the largest in Scotland — reported its busiest ever 12 months and worked on deals worth…
North Sea exploration firm EnQuest said its pre-tax profit rose 51% to $149.7 million on revenue and other operating income down 12% to $391.3 million in the six…
Revenue Scotland, Scotland’s devolved tax authority, collected £572 million in its first full year of operation — well ahead of expectations. Revenue Scotland is responsible for the…
The Scottish Conservatives said the Scottish Government had not discussed its proposed £500 million Scottish Growth Scheme with the UK Treasury despite the plan requiring Treasury approval….
More than half of the independent shareholders of controversial retailer Sports Direct voted against re-electing Keith Hellawell as chairman at a stormy annual general meeting. Edinburgh-based fund…
The average selling price for houses in east central Scotland increased 6.2% to £224,782 over the last three months compared to the same period last year, according to latest report by…
The University of Edinburgh has placed 19th in the QS World University Rankings 2016/17, just ahead of Columbia University and King’s College London. The ranking…
Scotland’s First Minister Nicola Sturgeon on Tuesday unveiled a new £500 million package of financial support for private sector business investment as she set out plans…
Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, said its revenue increased 11% to $49.8 million and profit before tax increased by 10% to…
German chemical and pharmaceutical giant Bayer said late on Monday it is in “advanced negotiations” to buy the world’s largest seed company Monsanto for more than $65 billion. A…
The value of construction work going through the Scotland-wide “hub” programme led by the Scottish Futures Trust (SFT) has increased to more than £1 billion….
Thirteen of Scotland’s large business organisations have written a joint letter to the Scottish Government’s cabinet secretary for finance Derek Mackay seeking a reversal of the…
The Scottish Property Federation (SPF) has called for the 5% tax threshold of Scotland’s residential Land and Buildings Transaction Tax (LBTT) to be raised from…
Scotland’s First Minister Nicola Sturgeon is pushing for a coalition of like-minded UK government ministers to put pressure on UK Prime Minister Theresa May to preserve Britain’s access…
More than 100 new jobs will be created at Falkirk-based bus maker Alexander Dennis Limited (ADL) thanks to Scotland’s largest ever research and development (R&D) grant….