Big rise in North Sea contractor optimism
Aberdeen & Grampian Chamber of Commerce said contractor confidence in the North Sea and UK Continental Shelf (UKCS) has risen — with almost half being…
Aberdeen & Grampian Chamber of Commerce said contractor confidence in the North Sea and UK Continental Shelf (UKCS) has risen — with almost half being…
The University of Edinburgh said an anonymous donor has pledged £10 million to help transform the city’s former Royal Infirmary into a state-of-the-art home for…
Royal Bank of Scotland has closed the “bad bank” it set up to sell unwanted assets nearly 10 years after RBS was rescued in a…
BBC MasterChef: The Professionals 2016 winner Gary Maclean — a Senior Chef Lecturer at the City of Glasgow College — has been appointed as Scotland’s…
Shares of Perth-based train and bus giant Stagecoach rose 13% after the UK’s Department for Transport (DfT) announced a number of changes to franchises currently operated…
Forth Ports said it will invest in a new, purpose built, Training Academy at the Port of Grangemouth, Scotland’s biggest port. “This is a key…
The Co-op and Costcutter Supermarkets Group (CSG) confirmed an agreement that will see The Co-op become exclusive wholesale supplier to CSG and the 2,200 Costcutter, Mace, Simply…
Scottish councils are showing increasing signs of financial stress and face even tougher challenges ahead, according to the Accounts Commission. In its annual financial overview…
Edinburgh-based Apex Hotels Limited reported another consecutive year of growth in the 12 months to April 30 with a 6% rise in turnover from £61.3 million to…
Aberdeen-based mechanical engineering group EnerMech said its 2016 revenues rose by almost £10 million to £263.7 million on the previous year — and forecast that 2017…
Scotland’s smaller businesses turn over almost £300 million per day, according to figures uncovered by the Federation of Small Businesses (FSB). The FSB is urging…
A record number of Scots were accepted to UK universities in 2017, according to new figures published by UCAS. More than 36,500 Scottish domiciled applicants…
Edinburgh-based aviation logistics and news distribution company John Menzies said in a trading update that it expects “to be able to make a firm announcement” on splitting the…
Shares of Edinburgh-based video security company IndigoVision fell 27% after it said Marcus Kneen “has resigned from the board and has ceased to be chief executive officer…
The UK Government has revived plans to re-privatise Royal Bank of Scotland with the aim of selling £15 billion of shares in the company by…
The Scottish Government’s finance secretary Derek Mackay claimed the UK Government’s Budget “does not represent a good deal for Scotland, as a consequence of a…
Trade body Oil & Gas UK welcomed the announcement in the UK Budget that Scotland’s oil and gas industry will benefit from the introduction of a Transferable…
The Scotch Whisky Association (SWA) welcomed the UK Government’s decision to freeze excise duty on spirits in Wednesday’s Budget — but argued that a cut in…
Trade body Oil & Gas UK said the latest oil and gas exploration licence round is a vote of confidence in the UK Continental Shelf. The UK’s Oil…
Cupar-based Fishers Laundry Group said K-Bro Linen Inc, the largest provider of laundry and linen services in Canada, agreed to acquire Fishers for at least £35…
Glasgow-based fashion firm Quiz said its revenue increased 35.2% to £56.1 million and underlying profit before tax rose 31% to £4.8 million in the six months to…
BP said it agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy plc for up…
Swiss private bank Julius Baer, which is opening new offices in Manchester, Leeds and Scotland, said a number of new key hires have joined the…
Shares of Glasgow-based Aggreko, the world’s largest temporary power firm, fell 10% after it said its “power solutions” business saw year to date new orders fall 35%…
Grangemouth refinery operator Ineos said it agreed to take a majority share in two exploration licenses in the Northern Gas Fields West of Shetland —…
Clydesdale and Yorkshire Bank owner CYBG said on Tuesday its underlying profit before tax rose 33% to £293 million in the year to September 30. CYBG…
New York and Edinburgh-based fantasy sports firm FanDuel announced late on Monday that CEO Nigel Eccles, who co-founded the company in 2009, is leaving the…
Southport-based Ludlow Wealth Management has acquired Scottish financial management business Whyte Sharp as it looks to increase its business in Scotland. Ludlow advises clients across…
Aberdeen-based oil and gas services giant Wood Group said it commenced a multi-million dollar contract to act as operating partner of the Scottish Area Gas…
Houses in Edinburgh and Glasgow sell faster than anywhere else in the UK, according to the latest City Rate of Sale report from Post Office…
Edinburgh remains the most attractive hotel investment destination in the UK outside of London for the fourth year in a row, according to Deloitte’s latest…
Edinburgh and Newcastle-based Virgin Money said it will enter the banking market for small and medium-sized enterprises (SMEs) starting with a deposit account in January 2018…
GMB, the union for energy workers, has called on Greg Clark, the UK’s Secretary of State for Business, Energy and Industrial Strategy, to block the…
Shares of Glasgow-based packaging firm Macfarlane Group rose 6% after it said its profit before tax for 2017 to date “is well above the corresponding…
Shares of Aberdeen-based global bus and rail giant FirstGroup fell for a second successive day on Wednesday following the news on Tuesday that it made a statutory…
Latest quarterly statistics show that the employment rate in Scotland remained unchanged at 75.2% — a near record high and just above the UK average…
The UK Supreme Court has ruled that minimum unit pricing for alcohol, passed by the Scottish Parliament in 2012, can now proceed. The Supreme Court…
Glasgow-based Beeks Financial Cloud Group plc, a niche cloud computing and connectivity provider for automated trading in futures and forex financial products, announced its intention…
Glasgow-based Aggreko, the world’s largest temporary power firm, announced the appointment of Heath Drewett as its chief financial officer (CFO). Drewett was the group finance…
The latest Bank of Scotland purchasing managers’ index (PMI) shows the Scottish private sector made a positive start to the fourth quarter as output growth quickened at…
The Scottish Salmon Producers Organisation said latest figures from HM Revenue and Customs show continued record growth for Scottish salmon exports so far in 2017….
West of Shetland oil and gas explorer Hurricane Energy plc, which claims it made the largest new UK discovery this century, said its chairman Robert…
Aberdeen-based Faroe Petroleum, the independent oil and gas company focused on Norway and the UK, said it has mandated Danske Bank, DNB Markets and SEB to…
The Scotch Whisky Association said that cutting tax on Scotch Whisky in the Budget will give Chancellor Philip Hammond an extra £200 million to spend…
The latest State of the Economy paper published by Scotland’s Chief Economist, Dr Gary Gillespie, shows a strong first half of 2017. It sets out the…
Edinburgh-based pensions, investment and insurance firm Aegon UK said on Thursday its platform assets reached a record high of £110 billion in the third quarter and…
Three bedroom houses in the south-west suburbs of Edinburgh experienced some of the highest increases in average selling prices between August and October of this year amid a…
EU nationals working in Scotland contribute an average of £34,400 each to gross domestic product – more than £4.4 billion a year – according to…
The Scottish government said the number of businesses in Scotland is at its highest level since records began. Official statistics show there were 365,600 private…
The latest IHS Markit Report on Jobs data for Scotland indicated a further improvement in labour market conditions — with the number of people placed…
Johnston Press said it has been advised that the requisition notice it received on November 6 from major Johnston shareholder Custos Group AS for a…
Perth-based energy giant SSE said it agreed to demerge its household energy and services business in Great Britain with Innogy subsidiary Npower Group plc to…
Johnston Press announced it received a letter from major shareholder Custos Group AS requisitioning a general meeting of the company’s shareholders. Custos is run by Norwegian…
Mainstream Renewable Power said it finally received the go-ahead for the 450 megawatt, £2 billion Neart na Gaoithe offshore wind farm off the coast of Fife. Work is…
Perth-based energy giant SSE and German rival Innogy are in talks about merging their UK retail energy businesses to create a listed company that would challenge British…
The Scottish Council for Development and Industry announced a number of key appointments to its board — including Scotch Whisky Association CEO Karen Betts and Clyde Blowers…
The Scottish Salmon Producers Organisation (SSPO) said in its latest Scottish Salmon Economic Report that employment in the Scottish salmon farming industry rose 13% to 2,472…
Speculative office development in Scotland has ground to a halt again — except selected schemes in Edinburgh, where vacancy continues to fall — according to…
The fund managers who run Edinburgh-based Baillie Gifford’s flagship £6 billion fund, the Scottish Mortgage Investment Trust plc, are making new investments in cutting-edge healthcare companies that…
Edinburgh needs to focus more on opportunities outside its immediate boundaries in order to continue to meet the ever-growing demand for homes, offices and hotels…
The Bank of England — the UK’s central bank — raised interest rates for the first time in more than 10 years on Thursday but…
Income tax in Scotland should “protect low earners, be progressive, proportionate to the ability to the pay and support the economy,” First Minister Nicola Sturgeon…
Former First Minister of Scotland Alex Salmond has joined a “plot” to “topple” the board and senior management of news publisher Johnston Press, owner of…
Industry trade association Oil & Gas UK hailed two big North Sea deals completed within the past 24 hours as “hugely significant” that point to…
Shell said it completed the sale of a package of UK North Sea assets to independent firm Chrysaor for up to $3.8 billion. Harbour Energy,…