Powers over the revenue and management of Crown Estate resources in Scotland have been transferred to the Scottish Government. From April 1, Scottish Ministers will…

UPDATE 4 — Edinburgh-based John Menzies said it was in discussions over the potential sale of its distribution arm to much smaller delivery firm DX Group in a…

UPDATED — Scotland’s gross expenditure on research and development (GERD) rose 1.1% or £23 million in 2015 to £2.15 billion, according to a report from Scotland’s chief statistician. Scottish GERD…

Royal London said its 2016 operating profit before tax rose 16% to £282 million as its new life and pensions business rose 28% to £8.7 billion on a present…

Monaco-based activist shareholder Crown Ocean Capital (COC) has completed its boardroom clear-out at Edinburgh-based oil and gas firm Bowleven with the resignation of chairman Billy Allan and departures…

Scotland’s First Minister Nicola Sturgeon said the triggering of Article 50 to start negotiations for a UK withdrawal from the European Union was was a “leap in the…

Edinburgh Trams recorded its busiest day yet when more than 28,000 passenger journeys were made on the day of Scotland’s rugby match against Wales at Murrayfield Stadium in…

Edinburgh-based Standard Life plc said terms have been agreed to sell its Hong Kong insurance business Standard Life Asia to Standard Life’s Chinese joint venture insurance business…

Shares of Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — fell another 10% after it reported a statutory…

The bid by Scotland’s First Minister Nicola Sturgeon to stage a second referendum on Scottish independence was formally backed by the Scottish Parliament on Tuesday. MSPs voted 69 to 59…

Shares of Cumbernauld-based Irn-Bru maker A.G. Barr rose after it said its statutory profit before tax increased 4.4% to £43.1 million on revenue down 0.6% to £257.1 million in the 52 weeks…

Aberdeen-based Wood Group said it was awarded a $50 million contract with Premier Oil to deliver topside operations and maintenance services to the Balmoral floating production…

Aberdeen-based FirstGroup and joint venture partner MTR Corporation have been awarded the UK’s new South Western rail franchise, taking it away from Perth-based Stagecoach which has operated the…

Hurricane Energy on Monday confirmed weekend reports that it made a further, important oil discovery west of Shetland, calling the find “the largest undeveloped discovery…

Edinburgh-based industrial testing firm Exova Group said on Monday it has received proposals for three possible cash offers for the company. It said the proposals were from Dutch…

Hurricane Energy is set to announce it has made a further, important oil discovery west of Shetland, according to the Financial Times. The news comes…

Dundee-based investment firm Alliance Trust on Friday announced its 2016 results, saying its share price rose 23% over the year, total shareholder return rose from 10.7% to 26.4%, and…

The UK’s Oil and Gas Authority (OGA) said it awarded 25 licences to 17 companies in the 29th Offshore Licensing Round to enable further exploration and production…

Royal Bank of Scotland is planning to close almost 160 RBS and NatWest bank branches throughout the UK, putting hundreds of jobs at risk. RBS, still more than 70% owned by…

A new report by Savills and Scottish Woodlands said more than 18,300 hectares of forestry were sold across Britain last year at a cumulative value of £83 million…

Edinburgh-based oil and gas firm Bowleven — which last week had most of its board ousted by Monaco-based activist shareholder Crown Ocean Capital (COC) — said it is launching…

Infrastructure investment manager Ancala Partners LLP said it raised £51 million of debt facilities for Green Highland Hydro (GHH), the asset ownership vehicle for hydroelectric power…

North Sea exploration firm EnQuest, which recently went through a complex financial restructuring, said on Tuesday its 2016 gross profit rose 13.22% to $196.1 million despite…

Glasgow-based Smart Metering Systems (SMS) said its 2016 revenue increased 25% to £67.2 million and profit before tax rose 4% to £18.2 million as it completed three acquisitions ahead…

Shares of East Kilbride-based Goals Soccer Centres rose about 8% after it said 2016 sales edged up 1.6% to £33.5 million amid an investment programme and it…

The UK government said on Monday it intends on March 29 to formally trigger the long negotiations for the UK to leave the EU. “The UK’s Permanent…

Lloyds Banking Group — which owns Halifax and Bank of Scotland — said on Monday it appointed Professor Russel Griggs to review the cases of firms affected in…

Standard Life and Aberdeen Asset Management on Monday outlined the allocation of responsibilities between co-chief executives Keith Skeoch and Martin Gilbert after the companies complete their…

Food and drink exports from Scotland grew by £421 million or 8% in 2016 to a record £5.5 billion — with exports to EU countries…

Amec Foster Wheeler — which on Monday agreed to be bought by Aberdeen-based Wood Group for about £2.2 billion — said it won a contract with the US…

Shares of Edinburgh-based tidal power company Atlantis Resources rose 3% after it announced its intention to enter the French tidal power market through a cooperation…

Monaco-based activist shareholder Crown Ocean Capital (COC), which has ousted most of the board at Edinburgh-based oil and gas firm Bowleven, on Friday requisitioned another general meeting to…

Petrochemicals group Ineos is in discussions with BP to buy the important Forties Pipeline System in the North Sea, according to news reports. Ineos depends…

UK Prime Minister Theresa May said in a BBC interview that Scotland should not have a second referendum vote on independence before Brexit negotiations are completed….

The Scottish unemployment rate has fallen to 4.7% — the same as the rate for the whole of the UK, according to new data from the UK’s…

Monaco-based activist shareholder Crown Ocean Capital (COC) has been successful in ousting most of the board at Edinburgh-based Bowleven, the Africa focused oil and gas exploration company, including chief…

Aberdeen-based Wood Group said on Tuesday it won two separate contracts related to BP’s Mad Dog 2 project in the Gulf of Mexico, providing engineering…

STV chief executive Rob Woodward was on Tuesday appointed non-executive chairman of data erasure and mobile device diagnostics firm Blancco Technology Group, succeeding Matthew Peacock. Blancco also said…

The manager of Aberdeen Asset Management’s £1.5 billion closed-end fund the Murray International Trust launched a scathing attack on the “discredited stupidity” of central bankers…

The Scottish government said more than £590 million would be made available for 2017-18 to increase the supply of affordable homes in Scotland. It said…

Perth-based energy giant SSE said it would increase its electricity prices 14.9% on average from April 28 in a move that would affect 2.8 million customers throughout Great Britain….

Scotland’s First Minister Nicola Sturgeon said she plans to seek the Scottish Parliament’s approval to begin discussions with the UK Government on the details of a Section 30…

Aberdeen-based oil and gas services company Wood Group said it agreed to buy rival firm Amec Foster Wheeler for about £2.2 billion in an all-share “transformational” deal….

Aberdeen Asset Management CEO Martin Gilbert said in an interview on Friday he will focus on external affairs after his company merges with Edinburgh-based Standard Life to create the UK’s largest…

The Scottish government’s finance secretary Derek Mackay has announced that Scottish local authorities will receive a total funding package of £10.426 billion for 2017-18. Mackay’s…

Edinburgh-based Miller Homes said its operating exceeded £100 million for the first time in 2016 and that 2017 forward sales are 50% ahead of last year. Miller said operating profit…

The Scotch Whisky Association (SWA) said the UK chancellor’s decision to increase excise duty on spirits by nearly 4% or 36p a bottle in his…

Standard Life Investments said its high-profile head of equities David Cumming “has chosen to leave … to pursue other interests” — just days after Standard Life announced…

Trade body Oil & Gas UK welcomed the move unveiled by UK chancellor Philip Hammond in his Budget speech to review North Sea tax rules to try and find ways…

Edinburgh-based aviation logistics and news distribution company John Menzies said its 2016 turnover rose to just more than £2 billion from £1.99 billion in 2015 and profit before tax edged…

Edinburgh-based oil and gas company Cairn Energy said it reduced its full-year loss to $95 million in 2016 — compared to a $516 million loss…

The Scottish Government should use new borrowing powers to create an infrastructure bond to encourage private sector investment in Scotland’s transport network and other public…

Trade body Oil & Gas UK said output from the UK Continental Shelf (UKCS) rose 5% to 1.73 million barrels of oil equivalent per day (boepd) in 2016 and should…

Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, said its first half revenue to December 31 increased 16% to $26.8 million and profit before tax…

Shares of Glasgow-based international mobile power firm Aggreko fell roughly 12% after it said 2016 revenue and profit fell and that it expects the current full year profit before tax…

Wind power generated the equivalent of 67% of Scotland’s entire electricity needs for the month of February, according to WWF Scotland. WWF Scotland published its analysis…

Glasgow-based sausage skin and collagen products firm Devro said currency gains helped its 2016 revenue increase 4.7% to £241.1 million — but in constant currency its revenues declined 6.9%….

UPDATE 5 – Edinburgh-based Standard Life has agreed to buy Aberdeen Asset Management for £3.8 billion in an all-share transaction that would create a global fund management player overseeing £660 billion…

UPDATE 5 – Scottish investment giants Standard Life and Aberdeen Asset Management confirmed in a joint statement they are in discussions about a possible all-share merger that would create a…

The Oil and Gas Authority’s five-year review of major oil and gas projects on the UK Continental Shelf showed more than £40 billion was invested in projects — but…

Glasgow-based media company STV Group said its 2016 revenue rose 3% to £120.4 million and statutory pre tax profit rose 60% to £15.7 million amid a growth in its “non-broadcast…

A joint venture between developer Moda Living and investment manager Apache Capital has bought a site in Fountainbridge on the west side of Edinburgh city centre to develop 525…

Edinburgh-based cyber security software firm ZoneFox said it closed a £3.6 million funding round led by Scottish business angel investment syndicate Archangels with co-investment from The Scottish Investment…

The charity Allia Impact Finance said it issued its ninth charitable bond for Scotland — taking the total invested by the Scottish government in Allia bonds…

Scottish transport giants Stagecoach and FirstGroup are to fight it out with one other bidder to win the new East Midlands rail franchise, which Stagecoach has…

Baillie Gifford’s flagship £5 billion closed-end fund company, the Scottish Mortgage Investment Trust plc, will enter the FTSE100 index for the first time in its…

The Scotch Whisky Association (SWA) — the influential trade body for the £5 billion Scotch industry — said it appointed diplomat Karen Betts as its new chief…

Shares of Cumbernauld-based Irn-Bru maker A.G. Barr rose after it said it has made a “further commitment to reduce sugar across its soft drinks portfolio” in advance of a UK…

Dundee-based investment firm Alliance Trust said its shareholders approved its radical plans to outsource its equity portfolio management and buy back the 19.75% stake of its biggest shareholder, US activist hedge fund…

Edinburgh-based industrial testing firm Exova Group said its 2016 revenue rose 10.8% to £328.6 million and profit before taxation rose 58% to £36.6 million despite weakness in its oil and gas business. On a…