Scotland’s financial sector needs to speed up its adoption of Financial Technology — or Fintech —  to avoid a future banking crisis and to create jobs, according…

The deficit of the UK’s 6,000 defined benefit (DB) pension funds grew by £100 billion in the last month alone, bringing the total deficit to £710…

Heriot-Watt University’s Edinburgh Business School has appointed international businesswoman, human resource specialist and journalist Heather McGregor to its top post. McGregor is perhaps best known…

Fishing and seafood industry groups across Scotland are set to benefit from £11.4 million of European funding to help deliver economic growth, said Rural Economy…

Edinburgh-based global fund manager Standard Life Investments (SLI), which manages assets of about £270 billion, has warned that growth in China could fall as low as…

Edinburgh-based industrial testing firm Exova Group said its adjusted revenue rose 13% to £160.9 million and statutory profit before tax rose 53% to £15.3 million in…

In its plan to complete devolution of Scotland’s £1 billion forestry sector, the Scottish Government is seeking views on its proposals “to keep Scotland’s forests in…

A 24-point action plan aimed at revitalising Scotland’s £200 million-a-year sheep sector has been unveiled by a group of industry experts. The recommendations are contained in the…

Leading Scots law firm Burness Paull said it has experienced a 48% increase in contentious intellectual property (IP) work over the last two years. The firm said it…

Orkney Islands Council has given a demolition company the opportunity to investigate the potential of Lyness near Scapa Flow as a potential as a base for North Sea…

The Scottish Police Authority (SPA) has appointed former RBS and Standard Life exective David Page as Police Scotland’s first director of corporate services, strategy and…

A study by a team of University of Edinburgh scientists has shown that vast quantities of gold could be salvaged from old mobile phones and other electronic goods using…

Oil and gas services company Petrofac said it secured $500 million of new contracts and extensions in the UK North Sea in the six months to June 30…

Scotland’s household wealth grew the fastest in the UK over the past year, according to the latest Barclays UK Prosperity Map. Household wealth in Scotland rose by 13%…

Scotland’s 10% tax on home purchases of more than £325,000 — a rate that applies to purchases over £925,000 in England — is having a detrimental effect in “the middle to higher…

The story of the meteoric rise of Edinburgh and Manhattan-based fantasy sports operator FanDuel and its controversial rivalry with DraftKings is set to be told in…

Edinburgh-based Nova Innovation said its offshore tidal turbine “array” system in Shetland has become the first in the world to deliver electricity to the grid. The tidal…

Parents of British private school leavers in 2016 who started Primary 1 in 2004 will have paid an average of £128,529 in fees, according to…

The Federation of Small Businesses (FSB) said funds coming to Scotland from the UK Government’s apprenticeship levy should be spent on vocational skills academies. Such a move…

First Minister Nicola Sturgeon said Michael Russell has been appointed as the Scottish government’s new minister with responsibility for Brexit negotiations with the UK government….

Scotch Whisky Association (SWA) chief executive David Frost said the industry and the UK government now need to focus on pursuing an ambitious set of new…

Glasgow-based media company STV Group said revenue rose 5% to £56.2 million and pre-tax profit rose 50% to £10.2 million in the six months to June 30 as digital…

Glasgow-based mobile power firm Aggreko said it won the bid to provide temporary power for the Gold Coast 2018 Commonwealth Games (GC2018). The contract includes power for…

Glasgow-based packaging firm Macfarlane Group said revenue in the six months to June 30 rose 3.7% to £81.5 million and profit before tax rose 8.1% to just over £2 million…

Oriam, Scotland’s new £33 million world-class sports performance centre, is ready to open its doors on Monday August 29. The performance centre is located at Heriot-Watt University on the…

The Scottish Salmon Company said its second quarter net operating revenues were £28.5 million, down from £31.2 million in the same quarter last year, as…

Home buyers in Scotland borrowed £2.2 billion for house purchases in the second quarter, up 23% on the first quarter but down 1% on the same period last…

Henry Boot Developments said it concluded unconditional agreements with Aberdeen City Council for its new £333 million Aberdeen Exhibition & Conference Centre (AECC). Boot has appointed Stirling-based…

Scotland had a public sector deficit of £14.8 billion for 2015-16 — about 9.5% of its gross domestic product (GDP) —   amid plummeting North Sea…

Shares of Jersey Oil & Gas soared about 18% after Norwegian multinational Statoil agreed to acquire 70% of a licence in the Outer Moray Firth from Jersey and its…

The Scottish Government said on Tuesday that leaving the European Union could cost the Scottish economy up to £11.2 billion a year and Scottish public finances up…

Fantasy sports operator FanDuel — based in Edinburgh and Manhattan — said the New York Gaming Commission approved the firm’s temporary operating license in New York. “We want to…

Singapore Exchange (SGX) said it agreed terms to buy The Baltic Exchange in London in a recommended £87 million offer after a period of extensive consultation with Baltic’s…

Dividends paid out by British companies rose 7.7% on a headline basis to $33.7 billion in the second quarter compared to the same period last year, according…

PwC said its UK Risk Assurance practice will recruit more than 1,000 technology specialists over the next four years to meet “increasing client demand for digital, regulatory…

The chairman of Royal Bank of Scotland has urged UK Prime Minister Theresa May to increase spending on infrastructure to help prevent a post-Brexit vote slump. Howard Davies…

Pfizer said it agreed to acquire cancer drug firm Medivation for about $14 billion in a move to boost its oncology portfolio. Medivation is best known for…

Up to 70 investment banking customers of Royal Bank of Scotland will have to pay to hold deposits with RBS from Monday when it will become the first UK bank…

Audit Scotland said the Scottish Government and Highlands and Islands Enterprise (HIE) are making good progress in widening access to high-speed broadband — but that…

The Scottish Government said a record number of Scottish students have secured a place at university and that successful applications by students from the country’s most deprived areas…

Murray International Trust chairman Kevin Carter said the £1.55 billion closed end fund benefited hugely from the weakness of sterling in the six months to June…

Royal London — which includes the former Scottish Life and Scottish Provident businesses — said its new life and pensions business was up by 39% to…

Scottish Rugby has confirmed that Glasgow Warriors head coach Gregor Townsend will replace Vern Cotter as Scotland head coach at the end of the 2016/17…

Employment in Scotland rose by 51,000 to 2,629,000 in the last quarter — the largest quarterly rise on record — according to the UK’s Office for National Statistics…

The Royal Bank of Scotland has terminated a $300 million contract with Indian technology firm Infosys following the announcement last week that RBS will no longer pursue its…

Inverness-based LifeScan Scotland — owned by Johnson & Johnson — is to embark on an £8.7 million investment to innovate the research, development and manufacturing capabilities…

The chief executive of Perth-based energy giant SSE said the UK does not need EDF’s £18 billion Hinkley Point C nuclear plant because there are enough credible…

Scotland’s Calvin Harris is the highest-paid DJ in the world with earnings of $63 million, according to Forbes. Forbes said Dumfries-born Harris was the biggest earner in Electronic…

Keltbray Group said it has acquired some of the assets Bathgate-based construction firm Dunne Group — which went into administration in July — from the administrators. The purchase…

Moody’s Investors Service has downgraded the bond (debt) ratings of media firm Johnston Press, owner of The Scotsman, the i newspaper and the Yorkshire Post, deeper into…

Leading Scots law firm Burness Paull said turnover for the financial year ending July 31 rose 3.9% to £53.3 million –but profit fell 3.4% to £22.6 million as post-Brexit uncertainty…

Shares of Edinburgh-based global oil and gas explorer Cairn Energy rose 4.5% after it said an appraisal of its “world-class” discovery off the coast of Senegal had significantly increased so-called “2C”…

The new chairman of Edinburgh-based aviation logistics and news distribution firm John Menzies said it could take up to a year to decide if Menzies should split into two…

Aberdeen-based oil and gas services giant Wood Group said revenue fell 16.6% to £2.56 billion and profit fell 63% to £44.6 million in the six months to…

Aberdeen-based oil and gas services giant Wood Group said it won a $700 million contract to provide services to Tengizchevroil (TCO) at the Tengiz Field in Kazakhstan….

Glasgow-based coffee roaster Matthew Algie said it has been acquired by family-owned German coffee and food service business Tchibo for an undisclosed sum. Tchibo cited…

Edinburgh-based Standard Life Investments has strengthened its Environmental, Social and Corporate (ESG) team with the hiring of Marc Brammer and Sophie Rahm as responsible investment analysts….

Scottish Government finance secretary Derek Mackay said guarantees for UK businesses and universities over EU funding from UK chancellor Philip Hammond fall “far short” of what Scottish…

Royal Bank of Scotland chief executive Ross McEwan told the BBC that the company would probably move its registered headquarters out of Scotland in the…

The Scottish Retail Consortium (SRC) has called on the Scottish Government to scrap the annual £62.4 million large business rates surcharge in a detailed submission ahead of…

Edinburgh Airport said it had the busiest ever month at a Scottish airport in July as international traffic from the Scottish capital rose 18.5% on the same…

Glasgow-based drinks company Edrington — owner of The Macallan, Highland Park and Famous Grouse — said it appointed Paul Hyde as its new chief financial officer. He succeeds Alex Short,  who…

Dutch insurance and investment giant Aegon, which has large UK operations in Edinburgh, said it would acquire Cofunds — an investment platform for financial advisers — from…

Aberdeen-based bus and rail giant FirstGroup said it was disappointed not to have been awarded the East Anglia rail franchise after submitting “a compelling, deliverable, and…

Scotland’s population reached a record 5.37 million people in 2015, boosted by 85,000 people who came to Scotland from the rest of the UK and from overseas, according…

Scotland’s whisky distilleries attracted as many tourists as Edinburgh Castle and St Paul’s Cathedral last year — and spending at distillery visitor centres was £50 million. New research…

First Minister Nicola Sturgeon announced a raft of measures — including an extra £100 million of funding — to stimulate the Scottish economy in the…

Oil and gas firm Parkmead has doubled its stake in the Polecat and Marten oil fields in the UK Central North Sea.  The Polecat and…

Scottish Building Society said it has strengthened its senior management team with the appointment of Aileen Brown in the newly-created role of finance director. Brown joins…

Scotland’s First Minister Nicola Sturgeon travelled to Berlin on Tuesday for talks with the German Government, discussing the EU referendum result and the next steps for the…