April 2017






Aggreko progress hampered by Argentina

UPDATE 1 — Glasgow-based international mobile power firm Aggreko said in a first quarter trading update that its outlook for 2017 remained unchanged and that it…


Weir Group oil and gas orders up 50%

UPDATE 1 — Glasgow-based engineering giant Weir Group said its oil and gas orders rose 50% in the first quarter driven by significant growth in North…



£6.4bn of Scots infrastructure projects under way

Infrastructure projects worth almost £6.4 billion will be under construction throughout Scotland in 2017, the Scottish government said. Projects including the Forth Valley College Falkirk Campus,…


Virgin Money credit card balances up to £2.7bn

UPDATE 1 — Newcastle and Edinburgh-based challenger bank Virgin Money insisted it had maintained a “strong focus on asset quality” as its credit card balances grew about 8% to £2.7…




Small Scots firms depend on EU workers

UPDATE 1 — Two thirds of small employers in Scotland with EU workers are concerned about future skills shortages, according to new research from the…





Goals Soccer Centres confirms merger talks

Shares of East Kilbride-based Goals Soccer Centres rose about 6% after it confirmed it was in “preliminary discussions” about a merger with rival firm Powerleague. “The board…



















Economic upturn loses momentum as services slow

A downturn in Scotland’s big services sector offset strong manufacturing production growth in March as the Bank of Scotland Regional Purchasing Managers’ Index (PMI) report showed Scotland’s…


BrewDog valued at £1bn as TSG takes stake

Aberdeenshire-based craft beer company BrewDog said San Francisco private equity firm TSG Consumer Partners acquired 22% of BrewDog in a transaction that values BrewDog at roughly £1 billion. According to…





Lloyds takes £100m HBoS hit as FCA resumes probe

Lloyds Banking Group said it expects compensation for “economic losses, distress and inconvenience” related to the HBoS Reading scandal will be about £100 million and that a provision for that…


£79m car parking income for Scots councils

Local authorities in Scotland made a £40.3 million profit on £79.3 million of income from their car parking charges and penalties in 2015-16, according to research by the…







Parkmead doubles West of Shetland stake

Aberdeen-based independent oil and gas firm Parkmead said it nearly doubled its stake in the major Sanda North and Sanda South structures in the West of…







Iomart expects revenue to grow 17%

Glasgow-based cloud computing firm iomart said in a trading statement that for the year to March 31, 2017, it expects to show revenue growth of 17%…