Strathclyde Partnership for Transport (SPT) said the Glasgow subway will reopen nine days later than planned on Wednesday, August 10 following a major modernisation programme. SPT said essential renewal…

Glasgow-based mobile power firm Aggreko said it agreed to buy Illinois-based industrial climate control equipment firm Dryco. Aggreko said Dryco specializes in moisture control, drying, heating, and…

Shares of Edinburgh-based investment, pensions and insurance group Standard Life rose about 5% after it said its half-year operating profit before tax increased by 18% to £341…

Demand for Scottish goods and services in July deteriorated at the fastest pace for nearly four years, according to the latest Bank of Scotland/Markit purchasing managers’…

The UK Government said its Scottish Secretary David Mundell will be in Glasgow on Wednesday to begin a series of meetings with groups from across Scottish society to make…

Shares of North Sea producer Premier Oil jumped 5% after it said it made a “significant” oil find in the Outer Moray Firth. Premier said the…

Royal Bank of Scotland reported an attributable loss of £2.04 billion for the first half of 2016 — compared to a £179 million loss for the same…

The Bank of England — the UK’s central bank — said it cut interest rates from 0.5% to a record low of 0.25% and introduced…

Fast growing Aberdeenshire craft beer company BrewDog has announced a $50 million crowdfunding round in the United States, marking the fifth stage of its “Equity for Punks” investment programme….

Fantasy sports operator FanDuel — based in Edinburgh and Manhattan — welcomed the news that Governor Andrew Cuomo has signed legislation to legalize interactive fantasy sports in New York…

Shares of Glasgow-based sausage skin and collagen products company Devro fell 7% after it said revenue for the six months to June 30 was unchanged…

Edinburgh hotels enjoyed strong growth in occupancy and room price in June while Glasgow and Aberdeen had mixed fortunes, according to the latest monthly report from tourism…

Shares of Glasgow-based international mobile power firm Aggreko fell 13% after it said its pre-tax profit fell 31% to £71 million and revenue slid 12% to £685 million in…

The volume of Scottish manufactured export sales fell by 0.5% over the first three months of 2016 as subdued global demand and the impact of lower…

The chief executive of the Scotch Whisky Association has warned that Scotch exports face increased tariffs in key markets like Korea, Colombia, Peru and South Africa following the UK’s…

Microsoft has sold $19.75 billion of bonds in one of the biggest sales ever of company debt securities and said it may use some of the proceeds to…

Cumbernauld-based soft drinks maker A.G. Barr said it anticipates revenue in the six months to July 30 will be £125 million, down 2.9% year on year, amid…

Deficits at the UK’s private sector defined benefit pension schemes have once again soared to record levels as prolonged ultra low interest rates take their…

Real estate firm Savills said it has been appointed by the University of Glasgow as its strategic investment and development advisor on a new five year…

The Scottish Government said that Right to Buy, the policy introduced under Margaret Thatcher that allowed tenants in social housing to buy their homes — often…

Royal Bank of Scotland (RBS) was one of the worst performing banks in stress tests carried out by the European Banking Authority (EBA). Under the imaginary stress conditions,…

The percentage of the Edinburgh workforce with a degree level qualification or equivalent is higher than any other major UK city, according to the latest ‘Edinburgh…

Gas and electricity regulator Ofgem said it has launched an investigation into SSE’s pre-payment meter (PPM) processes. The investigation is being launched following concerns about SSE’s…

Edinburgh is the most expensive city in the UK for students due to “above average rent costs combined with significantly lower than average term-time income” according…

Clydesdale and Yorkshire Bank (CYBG) said trading in the three months to June 30 was in line with expectations and that it made £1.5 billion of new loans and…

The chief executive of drinks giant Diageo — owner of many Scotch whisky brands including Johnnie Walker, Bell’s, Talisker, Lagavulin and Dalwhinnie — has urged the UK…

Growth in Scotland’s gross domestic product (GDP) is forecast to slow as a direct result of the EU referendum, according to a revised economic commentary…

Glasgow-based engineering company Weir Group said revenue in the six months to June 30 fell to £866 million from £981 million for the same period last year and…

Glasgow-based engineering firm Weir Group said Keith Cochrane will step down as chief executive after 10 years on the board. Finance director Jon Stanton will succeed Cochrane on October…

The University of Glasgow has signed a partnership agreement with a major state-owned enterprise company in China to develop an international optoelectronics industry base in the…

British healthcare firm GlaxoSmithKline (GSK) is to invest £110 million in its Montrose site to develop a new, state-of-the-art facility for the manufacture of respiratory active ingredients. The Montrose plant manufactures…

The Federation of Small Businesses (FSB) said news that Royal Bank of Scotland (RBS) and its NatWest subsidiary might consider charging business customers to deposit money would be…

The volume of residential property sales in Scotland rose 4.9% in the April-June quarter compared to the same period last year — but the average price…

Edinburgh Trams are to run every five minutes during morning and evening rush hours to respond to higher demand. The tram line is 14km long and runs from Edinburgh…

Edinburgh’s Festivals attracted audiences of more than 4.5 million in 2015, putting them on a par with the FIFA World Cup. Only the Olympic Games attract…

Glasgow-based packaging firm Macfarlane Group said it agreed to buy Leicester-based Nelsons for Cartons and Packaging Limited for up to £6.75 million. The deal is backed by a placing…

Glasgow-based drinks company Edrington said revenues for the year to March 31 were flat at £574.6 million amid a “challenging environment” where results were hit by “political and economic…

Aberdeen Asset Management said it had net outflows of £8.9 billion during the quarter to June 30 but this was offset by £17.5 billion of asset appreciation. Assets under…

Stirling based insulation firm Superglass said it is recommending that its shareholders accept a £8.7 million cash takeover offer from Cyprus incorporated investment vehicle Inflection. Sergey Kolesnikov, the sole…

Dundee-based investment trust firm Alliance Trust said its investments had underperformed its benchmark in the six months to June 30 “reflecting the turbulent market conditions around the…

MasterCard said it agreed to acquire 92.4 percent of payment processing giant VocaLink for about £700 million ($920 million). In the UK, VocaLink operates the Link ATM network and processes…

Universities Scotland and the Scottish Government have launched a joint campaign to protect the European research credentials of Scotland’s universities following the narrow vote by the…

Swedish state-owned energy firm Vattenfall will invest more than £300 million as it becomes the 100% owner of the Aberdeen Offshore Wind Farm test facility. For an undisclosed…

Aberdeen-based transport giant FirstGroup has won its first rail contract in North America with the A-train commuter rail service in Texas — a 21-mile regional rail system that…

Alistair Phillips-Davies, chief executive of Perth-based energy giant SSE, said the outcome of the EU referendum “could lead to aspects of the financial, regulatory and political…

The Scottish Government said the average time for a planning decision to be made on major developments in 2015-16 fell by 17% on the previous year….

The output of the Scottish economy remained flat during the January to March quarter of 2016, according to gross domestic product (GDP) statistics from Scotland’s chief…

As the Scottish Government focuses on pursuing “all available options” to keep Scotland in the EU, the Scotch Whisky Association (SWA) chief executive David Frost has vowed…

Bathgate-based construction firm Dunne Group — which has been involved in some of the UK’s highest profile civil engineering projects — has gone into administration with the loss of more…

Edinburgh-based aviation logistics and news distribution company John Menzies has appointed Irish paper and packaging tycoon Dermot Smurfit as independent chairman of the group. Smurfit’s appointment will be…

EnQuest, the largest UK independent producer in the UK North Sea, said it is holding discussions to sell up to 20% of the massive Kraken development east…

Scotland’s First Minister Nicola Sturgeon said she held constructive talks with new UK Prime Minister Theresa May in Edinburgh on Friday — and that May is…

More than 60% of Scottish companies believe Brexit will have a negative impact on their business and only 19% believe that it will have a positive…

The weaker pound since the EU referendum could give a boost to Aberdeen-based bus and rail giant FirstGroup, which has extensive operations in North America. “It…

The new owners of Midlothian-based Dobbies Garden Centres — Midlothian Capital Partners and Hattington Capital — announced that retail and consumer business veteran John Cleland…

Spending by Scotland’s two public enterprise agencies — Scottish Enterprise and Highlands and Islands Enterprise — totalled £398 million in 2014-15, according to a report by…

Aberdeen Asset Management said it has lifted the suspension of trading in its £3.2 billion UK property fund. Uncertainty over the UK commercial real estate market following the…

Aberdeen-based oil and gas services giant Wood Group said it has been awarded an extension to its master service agreement (MSA) contract with Apache Corporation…

Finance Ministers from the three devolved administrations of Scotland, Wales and Northern Ireland have written to UK Chancellor George Osborne seeking an urgent meeting to…

Glasgow-based Collagen Solutions, a manufacturer of medical grade collagen biomaterials, said group revenue and other income increased to £3.24 million in the year to March 31 compared…

Edinburgh-based Tesco Bank said it appointed former Royal Bank of Scotland executive Declan Hourican to the position of chief financial officer (CFO). Hourican will take up the…

News publisher Johnston Press, owner of The Scotsman, said it has continued to increase readers of the i newspaper since it was acquired in April 2016…

Standard & Poor’s (S&P) said it has lowered its long-term credit rating on Wheatley Housing Group, Scotland’s biggest social landlord, because the narrow UK vote to…

Shares of Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, rose again after it said it enjoyed “a third consecutive year of record sales…

Shares of Edinburgh-based Standard Life have fallen about 13% so far this week after its fund management business Standard Life Investments suspended trading in its £2.9 billion UK Real Estate Fund…

A spin-out company launched six years ago by the University of Glasgow has been bought by California-based software giant Synopsys. Gold Standard Simulations Ltd (GSS) was…

Scottish investment writing, copywriting and marketing communications company Copylab is to launch a new business in Asia with office openings in Hong Kong and Singapore. Copylab Asia…

Standard Life’s fast-growing financial planning business 1825 said it will make its fifth acquisition through buying Crewe-based Jones Sheridan, which has assets under advice of £350 million. The deal will establish 1825’s…

The sale of the UK taxpayer’s remaining 73% stake in Royal Bank of Scotland is likely to be delayed by “at least a couple of years” said RBS chief executive…