Blairgowrie’s Castle Water acquires Cobalt Water
Blairgowrie-based independent water retailer Castle Water said it acquired Ayr-based Cobalt Water, an independent retailer of water to business customers, for an undisclosed sum. Cobalt’s…
Blairgowrie-based independent water retailer Castle Water said it acquired Ayr-based Cobalt Water, an independent retailer of water to business customers, for an undisclosed sum. Cobalt’s…
Glasgow-based “fast fashion” firm Quiz has announced its intention to float on the junior AIM market in July 2017. Sources said Quiz would seek to…
The Scottish Government’s IT programme set up to deliver financial support to farms and rural businesses has been slammed in a report by Audit Scotland. The…
More than 750,000 Scottish homes and businesses can now connect to fibre broadband thanks to the £428 million Digital Scotland Superfast Broadband programme, the Scottish…
Glasgow-based Aggreko, the world’s largest temporary power firm, said it acquired KBT (Kerta Bumni Teknindo), an Indonesia-based power rental company for about $32.8 million. “KBT…
The Scottish Government said Scotland’s unemployment rate has fallen to 4.0% to match the lowest rate in 25 years. Labour market statistics for February-April 2017 published…
Standard Life chief executive Keith Skeoch told Reuters in an interview that the Edinburgh financial giant would be willing to sell its £16.1 billion annuity portfolio after…
The median selling time for properties in the Edinburgh area is down to 15 days “indicating a thriving market where buyers are willing to snap…
The Scottish Government said more than £1.75 billion would be allocated to councils in a major commitment to stimulate investment in affordable housing. It said…
Highlands and Islands Enterprise (HIE) — which has a 2017-18 budget of £65.9 million, including £55.7 million from the Scottish Government — said it appointed…
Glasgow-based cloud computing firm iomart said it would hike its dividend 90% after revenue rose 17% to £89.6 million and adjusted profit before tax grew 18% to…
Solid growth in international flights helped Edinburgh and Glasgow airports to their busiest May ever last month. Edinburgh Airport said it had 1,231,712 passengers — a…
Edinburgh-based Holyrood Distillery has launched a £5.5 million fundraising campaign to help fund its ambition to create a distillery and visitor centre spanning almsot 12,000…
Ineos announced plans on Monday to build a new petrochemical production plant in mainland Europe and expand capacity at its existing plants in Grangemouth, Scotland and…
A business incubator centre in Hawick will help businesses in the Scottish Borders establish themselves thanks to a £3.6 million funding package. The Scottish Government…
Growth momentum picked up in the Scottish private sector in May, with output increasing by the greatest degree since February, according to the latest Bank…
Glasgow-based engineering giant Weir Group said it agreed to acquire Singapore-headquartered oil and gas technology firm KOP Surface Products from Norwegian-listed Akastor ASA for about $114m…
Edinburgh-based distillery Pickering’s Gin has created three new versions of its London Dry Gin for the Cunard cruise line — its biggest export order to date. The collaboration…
UPDATE 2 — Brexit talks should be delayed until political stability is established in the United Kingdom, according to the Federation of Small Businesses (FSB) in…
UPDATE 2 — Courier firm DX Group, currently in the process of acquiring the distribution business of John Menzies in a reverse takeover, said on Friday it was notified by the…
Aberdeen-based oil and gas services giant Wood Group said it was awarded a new industrial services contract by BAE Systems Submarines. Effective immediately, the two-year contract…
A High Court judge in London on Wednesday called off the trial due to begin in the long-running investor lawsuit against Royal Bank of Scotland over its 2008…
Scotgold Resources Ltd said it signed its first sales agreement with the Scottish jewellery industry involving two prominent Scottish jewellery manufacturers. The agreement covers the first refining batch — about…
Hyperloop One, a giant futuristic tube that plans to transport passengers and cargo at speeds of up to 700mph for long distances, has proposed nine routes connecting…
The latest IHS Markit Report on Jobs for Scotland signalled improving labour market conditions in Scotland, with sharp rises in worker placements, record growth in permanent…
Edinburgh-based accounting software firm FreeAgent, which went public last year, said its revenue increased 41% to £8 million for the year ended March 31, but…
Glasgow-based Aggreko, the world’s largest temporary power firm, said its chief financial officer Carole Cran resigned and will take up a new role as CFO of Forth…
UPDATE 1 — Wheatley Group, Scotland’s biggest social landlord, confirmed reports that it secured a £100 million debt investment deal with BlackRock Real Assets as it drives forward…
UK courier firm DX Group on Monday announced revised terms for its agreement to acquire the distribution business of John Menzies in a reverse takeover — winning the support of DX’s largest shareholder. Gatemore…
Tern Plc, an investment company specialising in Internet of Things, announced the appointment of Scottish technology industry veteran Ian Ritchie as its non-executive chairman with effect…
Trade association Oil & Gas UK said its new blueprint for the North Sea oil and gas industry — outlining four key priorities for the next UK Government…
The Ivy Collection, the group behind the world-famous Ivy restaurant in London’s Covent Garden — will open its first restaurant in Scotland this autumn in…
Aberdeen-based bus and rail giant FirstGroup said revenue in the year to March 31 rose 8.3% to £5.65 billion and profit before tax rose 23% to £207 million, helped…
The value of exports of all UK food and drink grew to a record £4.9 billion in the first quarter of 2017 — driven by whisky…
Edinburgh-based pensions and investment giant Standard Life said it has fully integrated its auto enrolment offering with Newcastle-based software giant Sage Group, the UK’s largest tech company. Standard…
Celtic plc announced the resignation of Ian Livingston as a director of the company with effect from June 30, 2017. Celtic said Livingston, who was…
The distribution arm of Edinburgh-based John Menzies said on Monday it would take full control of Ireland’s EM News Distribution. Menzies Distribution said that under terms…
Edinburgh-based video security company IndigoVision said on Monday that tech industry veteran George Elliott will join its board of directors on June 1, 2017 and succeed Hamish Grossart as chairman of…
UPDATE 3 — The RBoS Shareholder Action Group, which alleges investors were misled by Royal Bank of Scotland over its £12 billion rights issue in…
North Sea oil exploration firm EnQuest said in an operational update that its flagship Kraken oilfield was on track to begin producing oil before the end…
Home buyers in Scotland borrowed £1.8 billion for house purchases in the first quarter of 2017, down 15% on the previous quarter but up 5% on the…
The value of fish landed by Scottish registered vessels increased by 29% to a record £563 million in 2016, according to the latest statistics published by…
Standard Life chief executive Keith Skeoch told the Press Association in an interview he is confident the group’s proposed £11 billion merger with Aberdeen Asset Management…
The civil trial involving Royal Bank of Scotland and a group of investors over a £12 billion rights issue by RBS in 2008 has been adjourned by a…
Grangemouth refinery operator Ineos said it agreed to acquire the Dong Oil & Gas Business from Dong Energy for up to $1.3 billion. Ineos said the deal would position…
Aberdeen-based oil and gas services giant Wood Group on Wednesday increased its presence in the automotive hub of Detroit by acquiring CEC Controls for $59 million. And late on…
The High Court in London was told on Tuesday morning that a majority of claimants suing Royal Bank of Scotland over its £12 billion rights issue in 2008…
Verisk Analytics, owner of Edinburgh-based energy, metals and mining consultancy Wood Mackenzie has acquired MAKE, a research and advisory business specializing in wind power. New Jersey-based…
The Scottish government said 2016 was a record-breaking year for the number of foreign direct investment (FDI) projects in Scotland, according to the latest annual survey…
Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said 32% of shareholders at its annual general meeting voted against…
The UK’s Competition and Markets Authority (CMA) said it has started its routine inquiry into the proposed merger of Standard Life and Aberdeen Asset Management. A…
BP and its co-venturers Shell and Siccar Point Energy announced first oil from the redeveloped Schiehallion Area following completion of the multi-billion-pound Quad 204 project in the west…
UPDATE 2 — Royal Bank of Scotland (RBS) is attempting to reach a last-minute settlement with a group of investors who allege that the bank misled them…
Shares of Edinburgh-based video security company IndigoVision rose for the second day in a row after it said in a trading update on Thursday that…
Edinburgh-based oil and gas company Cairn Energy on Friday stressed the potential of its work in Senegal and the North Sea in a statement ahead…
Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — issued a trading update on Friday ahead of its annual general meeting…
The number of overseas visitors to Scotland rose 6% to 2.7 million in 2016 — and the amount those visitors spent rose 9% to £1.85 billion, according to the Office for…
Perth-based energy giant SSE said on Wednesday its adjusted pre-tax profit rose 2.1% to £1.55 billion in the year to March 31 — but warned of uncertainty ahead as the…
Unemployment in Scotland has fallen to 4.4% — below the 4.6% rate for the whole of the UK. The Labour Market Statistics for January to…
Aberdeen’s economy is showing signs of cautious optimism — helped by recent transactions in the oil and gas sector — according to financial advisory firm Grant Thornton. Grant…
The UK government said on Wednesday that Lloyds Banking Group — which includes Bank of Scotland and Halifax — had been fully returned to private ownership following the…
Payments from a loan scheme designed to help vulnerable farmers and crofters in Scotland have started, the Scottish government said. More than 7,400 payments worth more…
Baillie Gifford’s flagship £5 billion fund, the Scottish Mortgage Investment Trust plc, said Fiona McBain would succeed John Scott as chairman of the FTSE 100…
Clydesdale and Yorkshire Bank owner CYBG said on Tuesday its underlying profit rose 15% to £123 million in the six months to March 31 and that it remained on…
Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said that following consultations with shareholders, its proposed new directors’ remuneration policy would be changed…
Tesco Bank chief executive Benny Higgins is to succeed Ben Thomson as the new chair of the National Galleries of Scotland (NGS) board. The appointment is…
Job creation in Scotland reached an eight-month high in April despite business confidence easing to its lowest in six months, according to April’s Bank of Scotland Regional…
The Scottish Salmon Company said its revenues for the first quarter of 2017 were £35.1 million, up from £29.1 million in the same quarter last…
Edinburgh-based tidal power company Atlantis Resources said it signed a strategic partnership agreement (SPA) with South Korean offshore construction giant Hyundai Engineering & Construction regarding global…
Glasgow-based international mobile power firm Aggreko announced a big change to its executive management team, with Nicolas Fournier, managing director of its Power Solutions division since November…