SSE shares up as it lifts full-year profit outlook
Perth-based energy giant SSE raised its full-year profit outlook on Wednesday, saying it expects to deliver adjusted earnings per share in the range of 116p to…
Perth-based energy giant SSE raised its full-year profit outlook on Wednesday, saying it expects to deliver adjusted earnings per share in the range of 116p to…
Julie Hesketh-Laird is to take over as chief executive of the Scottish Salmon Producers Organisation (SSPO) following the retirement of Scott Landsburgh, who has held…
Total income from farming in Scotland is estimated to have increased by £245 million to about £917 million in 2017, according to the Chief Statistician in the Scottish…
BP has announced two new exploration discoveries in the North Sea that it said will help it double its production to 200,000 barrels a day by…
A consortium led by Blackstone announced that private equity funds managed by Blackstone – together with Canada Pension Plan Investment Board (CPPIB) and Singapore’s GIC…
Spirit Energy, one of the top independent oil and gas operators in Europe, said it is extending the life of one of its key North…
The UK’s Financial Conduct Authority said on Tuesday it will publish in full a report it commissioned on how a controversial unit of Royal Bank of…
Reuters has reported that US private equity giant Blackstone Group LP is in advanced talks to buy a 55% stake in the Financial and Risk…
Clydesdale and Yorkshire Bank owner CYBG said it saw strong mortgage growth of 7.4% to £23.9 billion in the three months to December 31, 2017 — but…
Local authority watchdog the Accounts Commission has said Clackmannanshire Council “must take urgent and decisive action to sort out its financial problems.” In a new…
A plan to reform the Scottish Crown Estate and give local communities more control over its assets have been introduced to the Scottish Parliament. The…
Edinburgh-based Tesco Bank has recruited Gerry Mallon as its new chief executive to succeed the colourful Benny Higgins, who will retire from Tesco Bank on February…
The drive for greater cost control across financial and professional services in Scotland this year will have a bigger impact on recruitment activity than Brexit,…
Scotland’s international exports — excluding oil and gas — increased by 1.6% to £29.8 billion in 2016, according to Scotland’s chief statistician. However exports to the…
Royal Bank of Scotland Group said it will leave its current London headquarters by the end of 2019 in a cost-cutting move, according to a…
A record number of people used Highlands and Islands Airports Ltd (HIAL) airports in 2017, with the group reporting 1,722,913 journeys during the year. The…
AGS Airports Ltd, which owns Glasgow Airport, Aberdeen International Airport and Southampton Airport, confirmed that Derek Provan will succeed Amanda McMillan as both CEO of…
The pension fund of the Royal Bank of Scotland has acquired the headquarters of the National Air Traffic Control Services (NATS), according to a report…
Edinburgh-based upmarket home builder Cala Group said on Monday that a positive first-half trading performance is expected to lead to record revenues and profits for full-year…
Shares of East Kilbride-based Goals Soccer Centres fell 8% after it said in a trading update that it anticipates profits for 2017 will be “broadly in line with…
Latest statistics from the UK’s Office of National Statistics (ONS) show the number of overseas tourists visiting Scotland increased 15% in the 12 months to…
The latest Scottish Chambers of Commerce’s Quarterly Economic Indicator survey showed Scottish firms continuing to display resilience amid economic uncertainty — and found growing optimism within…
V&A Dundee, Scotland’s first design museum, announced it will open to the public on Saturday, September 15, 2018. It will be the only V&A museum…
Investment in Scottish hotels in 2017 reached £195 million involving 23 deals — a 60% increase on the total investment volume recorded in 2016, according to…
UPDATE 3 — Global asset management giant Franklin Resources, Inc, operating as Franklin Templeton Investments, has agreed to acquire Sandy Nairn’s independent fund management firm Edinburgh…
The Scottish economy grew 0.2% during the third quarter of 2017, according to gross domestic product (GDP) statistics announced by Scotland’s Chief Statistician. During the…
Swiss private bank Julius Baer International announced the appointment of Calum Brewster as its Edinburgh-based Managing Director, Head of UK Regional Offices. Brewster’s appointment follows…
Twenty14 Holdings (T14H), the hospitality investment arm of Abu Dhabi-based Lulu Group International, has completed the $120 million acquisition of the Waldorf Astoria Edinburgh – The…
A new “economic impact analysis” by the Scottish Government said that a failure of the UK to remain in the Single Market or to secure a…
Royal Dutch Shell plc has made one of its biggest commitments to the UK North Sea in 30 years, with plans to redevelop the Penguins oil…
More than 13 million passengers used Edinburgh Airport in 2017, making it the busiest ever year for a Scottish airport. Passenger numbers were up 8.6%…
North Sea producer Premier Oil gave a positive update on progress at its flagship North Sea development, the Catcher field, 174 km off the coast of…
The Scottish Government said it has begun preparations to introduce an EU Continuity Bill to prepare Scotland’s laws for Brexit after UK Government legislation was…
Glasgow-based fashion firm Quiz said its Christmas trading was in line with expectations with a 31.9% increase in group revenue for the seven-week period from November 19,…
Annual statistics compiled by Dundee-based Tayside Solicitors Property Centre (TSPC) show it handled the sale of homes worth £438.5 million in 2017. The TSPC and…
CBI Scotland announced that Tracy Black has taken over from Hugh Aitken as the CBI’s Director for Scotland as of January 1. Aitken will remain…
Edinburgh-based video security company IndigoVision said Pedro Simoes has been confirmed as its chief executive officer and has joined the board as an executive director with…
Grangemouth refinery operator Ineos said on Tuesday it will seek a judicial review of the recent decision by the Scottish Government to “effectively ban” fracking. Ineos…
Shares of Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, rose about 6% on Monday after a positive trading update for the six months ended…
The UK’s Financial Conduct Authority (FCA) said it imposed a financial penalty of £250,000 on former Royal Bank of Scotland (RBS) interest rate derivatives trader,…
Scotland’s First Minister Nicola Sturgeon said the first few months of 2018 are a “window of opportunity” for those working to protect Scotland’s place in Europe…
Around 58% of employees at Scottish seafood processing businesses are from the non-UK European Economic Area (EEA), according to a new report. This demonstrates how…
LGIM Real Assets (Legal & General) has acquired Atlantic Quay 3, the central Glasgow Scottish court and tribunal building, from the Moorfield Group for £50…
1825, Standard life’s financial planning business, has agreed to acquire Cumberland Place Financial Management Ltd which has assets under advice of £400 million. The acquisition…
Royal Bank of Scotland (RBS) has sold offshore loans held by its Lombard Finance subsidiary to specialist lenders Investec and Shawbrook Bank, according to a…
Edinburgh-based Bachmann & Welser Capital Limited, a provider of trade finance and project finance, announced the completion of an $750 million equity capital raise and additional commitments…
Global Infrastructure Partners (GIP) has explored a possible sale of Edinburgh Airport — with investment bankers saying it could fetch up to £2 billion, according…
Aberdeen corporate finance expert Tom Faichnie has predicted the Granite City will experience a surge in merger and acquisition deal activity in 2018. Faichnie, managing…
The Co-op has announced plans to open 100 new food stores across the UK in 2018, creating 1,600 jobs. The Manchester-based community retailer will invest…