Scotmid half-year profit £2m on £182m turnover
Scotmid Co-operative said it made a £2 million trading profit for the 26 weeks ended July 29, in-line with the equivalent period last year, with turnover…
Scotmid Co-operative said it made a £2 million trading profit for the 26 weeks ended July 29, in-line with the equivalent period last year, with turnover…
Shares of Glasgow-based cloud computing firm iomart rose about 5% on Friday after it announced a strong trading statement for the six months ending September…
Celtic Football Club said planning permission in principle has been granted for its £18 million proposals to create a hotel, museum, and retail and ticket…
Scotland’s Auditor General has found that the Scottish Government produced a sound financial report for 2016-17 and managed its budget effectively — but she underlined…
The value of fish landed by Scottish registered vessels in 2016 increased by 25% in real terms, according to the latest statistics published by the…
The Scottish Government said on Thursday that Scotland is on track for a record year of renewable electricity generation, with output in the first half…
Former Scottish National Party MP George Kerevan has said he will run for the chairmanship of the Financial Conduct Authority, the UK’s financial regulator, vowing…
Perth-based energy giant SSE said on Wednesday it continues to expect that its total adjusted operating profit for 2017-18 as a whole will be impacted by…
Kirkcaldy-based shopfitter and interiors firm Havelock Europa said CEO David Ritchie resigned with immediate effect “to pursue other business interests” as it announced it made…
Unite, the union representing staff across Lloyds Banking Group, has described as a “betrayal” a decision by the financial group to outsource around 1,000 Scottish…
Cumbernauld-based Irn-Bru maker A.G. Barr said its revenue grew 8.8% to £136.6 million in the six months ended July 29, but profit before tax slid to £19.4…
New exploration in the North Sea will be supported by a £5 million UK government fund for 2018-19, Chancellor Philip Hammond announced during a visit…
ESM Investments is to launch a specialist £25 million fund in 2018 to fuel further growth in Scots-based technology. The company aims to attract high…
The current draft of the UK government’s EU Withdrawal Bill is “a direct threat to the devolution settlement which the people of Scotland overwhelmingly voted…
Ratings agency Moody’s Investors Service has downgraded the credit rating of the UK, saying Brexit will weigh on the UK economy and that the UK government’s…
Scotland’s booming fruit, vegetable and horticultural industry is already suffering from a shortage of migrant labour amid ongoing Brexit uncertainty, NFU Scotland has warned. NFU Scotland…
The Outline Business Case (OBC) for extending Edinburgh’s trams to Newhaven via Leith Walk has been approved by the City of Edinburgh Council. The OBC…
Co-op Group said revenue fell slightly to £4.6 billion in the 26 weeks ended July 1 compared to £4.7 billion at the same stage last year “as…
Celtic plc said its revenue increased 74.2% to £90.6 million in the year ended June 30 and profit before tax soared to £6.9 million from £500,000 a…
Uncertainty over Brexit continues to loom over Scotland’s economic recovery, according to the Fraser of Allander Institute (FAI). In its latest economic commentary the University…
A service to support more companies in Scotland with the potential to reach turnover of more than £100 million has been launched by Scottish Enterprise….
The University of Edinburgh’s publishing subsidiary reported a record year of sales in its latest financial results. The growth at Edinburgh University Press was driven…
The governments of Scotland and Wales said on Tuesday they jointly published amendments to the European Union (Withdrawal Bill) “to prevent the UK Government taking control…
Glasgow-based Arnold Clark Automobiles, Scotland’s biggest privately-owned company, said its 2016 turnover rose 9.2% to a record £3.66 billion and operating profit rose £14.1 million to…
The UK’s Financial Reporting Council (FRC) — which regulates auditors, accountants and actuaries — announced the closure of its investigation into the conduct of KPMG’s audit…
The European Commission said it approved under EU State aid rules the alternative package proposed by UK authorities to replace the commitment for Royal Bank…
First Minister Nicola Sturgeon announced on Monday that Scotland’s new social security agency will be headquartered in Dundee, bringing hundreds of jobs to the city….
Glasgow-based packaging firm Macfarlane Group said it conditionally agreed to acquire the packaging business and selected assets of Nottingham-based Greenwoods Stock Boxes Limited and 100% of its…
Glasgow-based media firm STV Group plc said on Friday it secured an extension of its £60 million revolving credit and overdraft facility. STV said the…
The UK Investment Association’s first annual asset management survey following the UK’s decision to leave the EU reveals assets under management in the UK increased…
ScotRail commuters riding between Edinburgh and Glasgow are set to trial “the fastest in-train wi-fi service in the world.” ScotRail is collaborating with Cisco, CGI,…
The UK’s Financial Conduct Authority (FCA) has rejected calls to publish a report into allegations that Royal Bank of Scotland’s Global Restructuring Group (GRG) bankrupted…
Edinburgh-based craft beer company Innis & Gunn said that holders of 99% of its ordinary shares voted to accept an offer of investment in the business…
Bank of England Governor Mark Carney said in a television interview that the possibility of the first British interest rate rise in 10 years had…
A South of Scotland Economic Partnership will be in place by end of year, the Scottish Government said. The South of Scotland Economic Partnership will…
Scottish retail sales increased by 1.9% in August on a like-for-like basis compared to August 2016, according to the Scottish Retail Consortium-KPMG Scottish Retail Sales…
Scotland now has the highest employment rate of any UK nation — with the rate growing to a record high of 75.8% over the last…
The approximate sales value of oil and gas produced in Scotland for the financial year 2016-17 rose 15.2% to £17.5 billion, according to new figures from Scotland’s…
Shares of East Kilbride-based Goals Soccer Centres fell about 10% on Tuesday after it said its “overall turnaround to profitable growth is taking slightly longer than…
The UK’s Competition and Markets Authority (CMA) said it has accepted proposals to resolve competition concerns regarding the £2.2 billion purchase of Amec Foster Wheeler by Aberdeen-based…
New statistics from Scotland’s Chief Statistician show the total outstanding bank debt of Scottish farms increased 5% over the past year to £2.32 billion — the highest since records…
August’s purchasing managers’ index (PMI) survey from Bank of Scotland indicated a moderate increase in Scottish private sector output. Growth softened following the 33-month high recorded…
Trade association RenewableUK has hailed the “dramatic” fall in the cost of offshore wind in the results announced on Monday of competitive auctions for new contracts…
Scottish housebuilder Springfield Properties announced its intention to seek admission of its ordinary shares to trading on London’s secondary AIM market. Elgin-based Springfield hopes to raise up…
The latest IHS Markit report on jobs data for Scotland signalled a further improvement in labour market conditions in August. Recruitment consultancies reported sharp increases…
Scotch Whisky distilleries achieved a record 1.7 million visits last year — up almost 8% on 2015. Distilleries now rank among some of the most…
Massachusetts Attorney General Maura Healey said Edinburgh-headquartered FanDuel and Boston-based DraftKings, the two largest daily fantasy sports sites, will pay a total of $2.6 million after…
Anton Colella, CEO of the chartered accountants’ professional body ICAS, is to leave the organisation to take up a new role as global CEO of international accountancy network…
Production spend on film and TV in Scotland increased by more than 30% last year to £69.4 million – the highest figures since records began….
The health of small and medium-sized enterprises (SMEs) in the UK has risen to its highest level in 18 months, according to the SME Health…
The Scottish Government said £60 million will be made available to accelerate innovation in new technologies, including low carbon and digital projects by 2020. The Innovation…
Standard Life’s financial planning business 1825 announced changes to its senior leadership team “as the business enters the next stage of its growth.” Steve Murray will…
Almost $6 billion worth of mergers and acquisition deals have taken place in the UK oil and gas sector in the first half of the…
Scottish immunotherapy company TC BioPharm (TCB) said it signed an agreement to work alongside clinical academics at University College London (UCL). The agreement will see…
Deloitte and the University of Strathclyde’s Fraser of Allander Institute said they have agreed a partnership “to provide businesses with enhanced insights into the Scottish…
Celtic said its chief executive Peter Lawwell has been voted on to the influential executive board of the European Club Association’s 19th General Assembly in…
Tesco Bank CEO Benny Higgins has been appointed by the Scottish Government to create a new Scottish National Investment Bank. Higgins, a colourful character who was…
Shares of Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, rose about 3% on Tuesday after it reported revenue up 16% to $57.8 million…
Edinburgh-based independent craft beer company Innis & Gunn said on Tuesday that Greenwich, Connecticut-based private equity firm L Catterton has made an offer to invest in the…
The UK North Sea is on track for the biggest year of oil and gas field startups in a decade, according to data from Edinburgh-based…
Scotland has been voted the most beautiful country in the world by readers of Rough Guides. Canada was second, New Zealand was third, Italy was…
Inverness Airport saw a 23.5% increase in passenger numbers in the last financial year – up to 829,018 during 2016-17. Inverness recorded the highest monthly…
Scottish Equity Partners (SEP) has recorded another success with the sale of matchesfashion.com — the digital international fashion brand backed by SEP — to funds managed by…