BBC series on River Tweed ‘will boost economy’
A new six-part BBC One documentary focusing on the River Tweed and the people who live and work alongside it will be broadcast from next…
A new six-part BBC One documentary focusing on the River Tweed and the people who live and work alongside it will be broadcast from next…
Edinburgh-based accounting software firm FreeAgent has announced plans for a flotation on the Alternative Investment Market (AIM) of the London Stock Exchange in November. FreeAgent said…
The UK’s Oil and Gas Authority (OGA) said it attracted 29 applications covering 113 blocks in the latest offshore licensing round which targeted under-explored areas…
Edinburgh-based Standard Life Investments (SLI) has launched a short-dated corporate bond fund to invest predominantly in sterling-denominated corporate bonds with a maturity of less than five years….
Edinburgh and Manhattan-based fantasy sports company FanDuel and its Boston-based rival DraftKings are “finalizing terms of a merger”, according to a report by ESPN. The recent $6…
Scotland’s Wimbledon and Olympic champion Andy Murray has continued his policy of backing early-stage UK businesses as part of his relationship with crowdfunding platform Seedrs. Murray’s latest…
Shareholders of Edinburgh-based upmarket home builder Cala Group have been approached by a potential buyer from China about a possible £600 million takeover, according to a…
Royal Bank of Scotland reported an operating profit before tax of £255 million in the third quarter — but made an attributable loss of £469 million after restructuring costs, litigation and conduct…
Biomedical research at the University of Dundee has received £3.75 million from the Wellcome charitable foundation’s Institutional Strategic Support Fund (ISSF). The funding is for…
The UK Government said it has made further sales of its shares in Lloyds Banking Group, reducing its remaining shareholding to less than 9%. Lloyds Banking…
Royal Bank of Scotland has issued its first polymer note — a £5 note which features illustrations of Scottish poet Nan Shepherd. The £5 is part…
Qualcomm said it will acquire Netherlands-based NXP Semiconductors for $110 per share — about $38 billion — in cash. Including debt, the transaction — the biggest-ever…
ScottishPower said it has placed £340 million of contracts to install about five million smart meters across the UK by 2020. Contractors including Amey, LowriBeck,…
The Scottish Government’s transport minister Humza Yousaf has called for full devolution of Network Rail operations in Scotland after a review by EY highlighted weaknesses in Network…
Biopharmaceutical giant AstraZeneca is to work in collaboration with NHS Scotland, Scottish Universities and the Stratified Medicine Scotland Innovation Centre to create a ground-breaking initiative in genomic…
First Minister Nicola Sturgeon said the Scottish Government will work to build an “all-Scotland coalition” of politicians, business and universities to protect the country’s place in…
Clydesdale and Yorkshire Bank owner CYBG has made a bid for Royal Bank of Scotland’s Williams & Glyn branch network after Spain’s Banco Santander called off its talks to purchase…
New York Attorney General Eric Schneiderman said his office has reached separate $6 million settlements with Edinburgh and Manhattan-based fantasy sports operator FanDuel and its rival DraftKings….
Aberdeen City Council said it has launched a process which may result in the issue of a bond to support a transformational £1 billion capital…
The University of Edinburgh said it signed a licence agreement with life sciences giant Merck for pioneering fluorescent probe technology “that helps understand how disease progresses.”…
The Scottish Government is proposing to create a new Scotland-wide statutory board to co-ordinate the activities of Scottish Enterprise and Highlands and Islands Enterprise, including Scottish…
Edinburgh-based rented housing developer Sigma Capital Group announced the launch of a £39 million regeneration scheme adjacent to Lime Street Station in the centre of the…
Shares of North Sea oil firm Xcite Energy were suspended on Tuesday “pending clarification of the company’s financial position” after it said its principal bondholders rejected a plan to…
The Scotch Whisky Association (SWA) said its chief executive David Frost is leaving to take up a new role as foreign affairs special adviser to…
Scotland’s First Minister Nicola Sturgeon said she had a “hugely frustrating” meeting with UK Prime Minister Theresa May on the implications of the Brexit vote for…
Edinburgh and Manhattan-based fantasy sports operator FanDuel and rival DraftKings are close to agreeing a settlement with New York’s attorney general over claims they engaged in false advertising,…
Plans to plant almost 3,000 acres of new woodland across Scotland have been backed with £6.5 million in funding, the Scottish Government said. At over…
More than 20,000 Scottish small and medium-sized enterprises (SMEs) are to benefit from a £60 million investment which includes £24.4 million of European Regional Development Fund (ERDF) money, the…
A new chief executive officer, George Baxter, joined Edinburgh Research & Innovation (ERI) on Monday “to spearhead commercialisation and industry engagement activity at the University…
Aberdeen-based oil and gas services giant Wood Group said it secured a five year contract to provide engineering, procurement, construction and maintenance services to the Hibernia…
Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said Fiona McBain has decided to step down as chief executive after 11 years “to look for new opportunities and…
AT&T’s weekend agreement to buy Time Warner for $85.4 billion — the biggest deal in the world this year — could face tough scrutiny from regulators in…
The Institute for Fiscal Studies (IFS) warned the UK government is facing a shortfall of up to £14 billion in public finances for the 2016−17 financial year. “At the…
UK publicly traded companies need to be “more balanced in their reporting of their performance,” according to the Annual Review of Corporate Reporting by the Financial Reporting…
British American Tobacco (BAT), which owns 42.2% of Reynolds American, said it made a proposal to acquire the remaining 57.8% of Reynolds for roughly $47 billion. BAT said…
The investment activity of the Scottish Investment Bank (SIB) generated a record income of £35.7 million during 2015-16 following 12 successful exits. “This is a positive signal of the…
Scotland’s Court of Session — the country’s highest civil court — has given its approval to the Scottish Government plans to introduce a minimum unit…
Consultants PwC have produced a report, commissioned by The City of London Corporation, which examines the possibility of creating a “regional visa” for non UK nationals…
Perth-based Stagecoach, Britain’s biggest bus operator, announced it will introduce contactless bus travel on all of its regional bus services across the UK by the end of…
The ScotRail Alliance — the partnership between Abellio ScotRail and Network Rail Scotland — has published details on how it plans to improve train service performance in ScotRail following heavy…
A draft bill “giving Scotland the ability to reconsider the question of independence” before the UK leaves the EU has been published “for consultation” by…
Saudi Arabia has completed the biggest ever emerging market bond sale by selling $17.5 billion of debt securities in the Saudi government’s first international offer, according to…
Shepherd Chartered Surveyors said the recent sale of a large detached house in Bearsden for £2.42 million has set a new record for a house price in…
Royal Bank of Scotland chairman Howard Davies has warned that big banks are planning to shift “the balance” of their activity away from London’s financial…
The Scottish Government said it has granted planning consent for a new 19-turbine wind farm called Aikengall IIa to be located in the Lammermuir Hills between East Lothian and…
More than three billion barrels of oil equivalent (boe) remain in about 350 unsanctioned discoveries across the UK Continental Shelf (UKCS), according to information released by…
Unemployment in Scotland fell by nearly one percentage point over the last quarter to 4.6%, the lowest rate of unemployment since 2008, according to the…
Royal Mail said it has been appointed to a three year framework deal to provide Scottish Public Bodies with postal services. The deal is said…
Private equity fund manager YFM Equity Partners said it has invested £5.3 million in East Kilbride-based TravelTek, a firm that provides technology to travel agents and tour…
The long-awaited £1 billion redevelopment of the Edinburgh St James Centre will finally get under way with immediate effect after Dutch pension fund asset manager APG agreed…
Edinburgh-based online travel search company Skyscanner is exploring “strategic options” including a possible sale of the firm, an initial public offering (IPO) or more fundraising, according to…
Edinburgh-based Standard Life said it will conduct a review of all of its non-advised annuity sales from July 2008 to identify “whether our customers received sufficient…
The UK government’s Office for Budget Responsibility (OBR) is preparing to write down the value of taxpayers’ stake in Royal Bank of Scotland for the second time…
Aberdeen-based Faroe Petroleum, the independent oil and gas company, announced an oil and gas discovery at the Njord North Flank in the Norwegian Sea, in…
The flagship Scottish Design Galleries in the new V&A Dundee will be designed by the internationally acclaimed London-based practice ZMMA. ZMMA’s ongoing projects include the National Museum…
The Scottish Cities Alliance (SCA) will attend the UK’s leading real estate event MIPIM UK next week to tell UK and foreign investors that it has a £7.5 billion…
The Scottish Government’s transport minister Humza Yousaf has warned in a newspaper interview that Dutch firm Abellio’s £7 billion contract to run ScotRail could be terminated if…
The Scottish Government has given consent for the construction of the 22 turbine Creag Riabhach wind farm on the Altnaharra Estate, near Lairg in the north Highlands….
Perth-based energy giant SSE said it agreed to sell a 16.7% equity stake in Scotia Gas Networks (SGN) to the Abu Dhabi Investment Authority (ADIA) for about…
Royal Dutch Shell has invited binding bids from companies including Grangemouth refinery owner Ineos and Blackstone-backed Siccar Point Energy for the sale of some of its…
Scotch Whisky Association (SWA) chief executive David Frost has urged the UK government to put transitional arrangements in place that minimise trade disruption should the UK leave…
The new Scottish Land Commission — a crucial part of the controversial Land Reform (Scotland) Act 2016 — is to be based in Inverness, the Scottish…
Babcock International Group said it was awarded a contract from General Dynamics Electric Boat to manufacture 22 tactical missile tube assemblies for the UK Successor and…
Glasgow-based Collagen Solutions, a manufacturer of medical grade collagen biomaterials, said in a trading statement it expects its revenue and other income to be £1.9 million for the…
North Sea exploration firm EnQuest has proposed a complex financial restructuring which it said it agreed with its key stakeholders “following an extensive period of…
International tourists visiting Scotland spent more than £500 million in the second quarter of the year for the first time — even though the overall number of…
Wells Fargo & Company said its chairman and chief executive John Stumpf is retiring from the bank, effective immediately — following the scandal in which bank…
Professor John Finch has been confirmed as Head of the Adam Smith Business School at the University of Glasgow following a period as interim Head of…
Edinburgh-based health tech firm snap40 said it secured £2 million in funding in what is thought to be the largest ever seed round by a Scotland-based startup….
Scottish gross domestic product (GDP) grew 0.4% in the second quarter of 2016 — compared to 0.7% for the UK — according to statistics from Scotland’s Chief…