2017

Scots employment hits record high

Scotland’s employment rate increased by 1.1 percentage points to a record high of 75.2% over the April to June quarter — meaning 30,000 more people…



Green light for Scotland’s largest solar farm

Moray Council has granted planning permission for what will be Scotland’s largest solar farm. Councillors approved Elgin Energy’s development of the 47-hectare Speyslaw site near Urquhart,…




Menzies shares up amid positive outlook

Shares of Edinburgh-based aviation logistics and news distribution company John Menzies rose more than 3% on Tuesday morning after it said turnover increased 21% to £1.2 billion…





John Menzies and DX terminate merger plan

Edinburgh-based John Menzies said on Monday it terminated the merger talks between its distribution business and courier firm DX Group. “Notwithstanding the strong strategic and commercial benefits…



Scots output growth surges to 33-month high

Scottish private sector output growth surged to a 33-month high in the third quarter of 2017, according to the latest Bank of Scotland PMI (purchasing managers’ index)…





Assets up to £151bn at Edinburgh’s Aegon UK

Edinburgh-based pensions, investment and insurance firm Aegon UK said on Thursday its “platform” assets reached £107 billion and total assets under administration hit £151 billion…















Bridgepoint confirms £655m deal for Miller Homes

Private equity firm Bridgepoint confirmed it will buy Edinburgh-based Miller Homes in a transaction totalling £655 million from funds managed by GSO Capital Partners, a division of Blackstone….










Stan Life votes against PwC as Vodafone auditor

Edinburgh-based Standard Life Investments said it voted its clients’ 465 million shares in Vodafone against Vodafone’s resolution to reappoint PricewaterhouseCoopers (PwC) as Vodafone’s auditors and against…











BrewDog looking to expand to Australia

Aberdeenshire-based craft beer brewer BrewDog has announced plans to build a brewery in Australia and said it is looking for “a kick-ass location” for its…
















Weir shares soar on North American recovery

Shares of Glasgow-based engineering giant Weir Group rose more than 7% after it gave an update to its 2017 outlook that “reflects accelerated recovery in North American oil…



More upheaval at Menzies merger target DX

Courier firm DX Group, currently in the process of merging with the distribution business of Edinburgh-based John Menzies, said it will split its business into two divisions —…



Head of Student Loans Company ‘suspended’

Steve Lamey, the chief executive of the UK’s Glasgow-based Student Loans Company (SLC), has been suspended pending an investigation, according to reports. No clear reason was…


FanDuel and DraftKings terminate merger

Edinburgh-headquartered FanDuel and Boston-based DraftKings, the two largest daily fantasy sports sites, have terminated their merger agreement. The decision follows the move by the US Federal Trade…