Scots GDP growth of 0.5% confirmed
New statistics have confirmed the Scottish economy grew by 0.5% during the second quarter of 2018, unchanged from the first estimate. Compared to the same…
New statistics have confirmed the Scottish economy grew by 0.5% during the second quarter of 2018, unchanged from the first estimate. Compared to the same…
The pharmaceutical industry is worth roughly £1.7 billion to Scotland‘s economy and directly supports more than 5,000 jobs across the country, according to a new report by…
Edinburgh-based investment giant Standard Life Aberdeen plc on Tuesday confirmed recent speculation that former HSBC chairman Douglas Jardine Flint will succeed Gerry Grimstone as the…
The UK government said the Scottish government will benefit from nearly £1 billion of additional funding as a result of this year’s UK budget. Scotland will…
Edinburgh-based funds platform Nucleus Financial Group Plc on Friday published a third-quarter trading update which showed assets under administration up 14% to £14.7 billion. However, net flows…
The Scottish Government said it has agreed to invest £200 million in the Tay Cities Region — and it has challenged the UK Government to…
Royal Bank of Scotland said on Friday it has set an extra £100 million to account for possible bad loans as a result of Brexit uncertainty….
Shares of Edinburgh-based international oil and gas company Cairn Energy rose about 6% on Thursday after it said its “development and exploitation plan” for the SNE…
Up to £330 billion could be spent on oil and gas extraction in the UK Continental Shelf (UKCS) over the next 32 years, according to…
Lloyds Banking Group (LBG) and Schroders said on Tuesday they agreed a multi-billion pound wealth management joint venture that sees Schroders appointed as the active investment manager…
Sunnyvale, California-based cloud security company Fortinet said on Tuesday it will acquire Edinburgh-based cyber security software firm ZoneFox. Fortinet has a stock market value of around…
Royal Bank of Scotland’s NatWest on Tuesday announced an additional £2 billion of funding for smaller businesses “as they prepare for the Brexit process.” NatWest…
The City of Edinburgh Council said on Tuesday that councillors will delay making a final decision on whether or not to proceed with the Trams…
Scotland’s economy continued to strengthen in the first half of 2018 with annual GDP growth the strongest since 2014 and above the UK as a…
Falkirk-based bus manufacturer Alexander Dennis said it will build a new fleet of double deck buses for Berlin. Berliner Verkehrsbetriebe (BVG) has awarded Alexander Dennis the…
BP said on Monday it received approval from the UK’s Oil and Gas Authority (OGA) to proceed with the Alligin development west of Shetland, which…
Dundee-based investment firm Alliance Trust said on Monday it agreed the sale of its subsidiary company Alliance Trust Savings (ATS) to Interactive Investor (ii), the…
Scotland must have certainty about access to European research programmes after Brexit, Higher Education and Science Minister Richard Lochhead has said. The minister was speaking…
Custos Group, the largest shareholder in Johnston Press — the debt-laden owner of The Scotsman, the i newspaper, the Yorkshire Post and about 200 local news outlets —…
Amazon has announced plans to open a new corporate office in Manchester in 2019 and increase the capacity of its Scotland Development Centre and Cambridge…
Scotch Whisky exports increased in the first half of 2018 to £1.97 billion, a 10.8% rise in the value of exports against the same period…
Opportunities to invest in nine projects worth more than £2 billion to Scotland’s economy have been announced by Economy Secretary Derek Mackay. The updated Invest in…
Highland whisky distillery Tomatin said it is now officially the fastest growing top ten single malt whisky in the United States. “Recent figures released by…
Aberdeenshire-based craft brewing firm BrewDog said on Tuesday that Equity for Punks V, its fifth crowdfunding effort, has closed raising £26.2 million “smashing the world…
ScottishPower — a subsidiary of Basque energy giant Iberdrola — said it has become the first integrated energy company in the UK to shift completely…
The Scottish Irish Finance Initiative (SIFI) will this week step up its efforts to strengthen collaboration between financial companies in Scotland and Ireland as Scottish Government Minister…
Aberdeen-based mechanical engineering group EnerMech said on Monday it has been acquired from Lime Rock Partners by Nasdaq-listed global alternative asset manager The Carlyle Group in…
Production of Atlantic salmon in Scotland increased by 26,890 tonnes (16.5%) to 189,707 tonnes in 2017 — the highest ever level. The value of the…
Sports Direct International plc, run by Mike Ashley, said it agreed to buy the freehold of the Frasers department store in Glasgow for £95 million. Sports…
Royal Bank of Scotland said on Friday it paid out its first dividend since 2008 — paying its ordinary shareholders 2p per share. “Around 190,000…
Aberdeen Standard Investments said it has provided £65 million of debt to Anglian Water in the form of a privately negotiated green bond. The investment…
Forth Ports said a revised design framework (RDF) for a major development at Western Harbour in Leith, Edinburgh — which will result in the delivery…
The number of overseas visitors from mainland Europe to Scotland increased by 39% in the 12 months to the end of June 2018, according to…
The Scottish government’s constitutional relations secretary Michael Russell said on Thursday that short of remaining in the EU, staying in the European Single Market and…
Lerwick Harbour in Shetland said it enjoyed another record-breaking cruise season, which closed this week, with 91 vessels and an increase of around 78% on…
Johnston Press — the debt-laden owner of The Scotsman, the i newspaper, the Yorkshire Post and about 200 local newspapers and websites — said on Thursday it has…
Shell UK Limited said on Wednesday it made a final investment decision (FID) to invest in the Arran gas and condensate field in the UK…
The UK’s Competition and Markets Authority CMA said on Wednesday it decided that the proposed merger between SSE Retail (SSE) and Npower can proceed, following a…
The co-founder of Aberdeenshire craft brewery BrewDog has told the Press Association that plans for an initial public offering (IPO) by the firm are still…
Bad weather affected the output of Scottish agriculture over the past year, with sheep and cattle numbers falling and reductions in output of cereals and…
Private equity firm H.I.G. Capital said one of its affiliates agreed to sell its stake in Edinburgh-based wealth management fintech firm FNZ to Caisse de…
Operating expenditure (OPEX) and unit cost per barrel of oil equivalent in the UK Continental Shelf (UKCS) remained steady in 2017 against a stronger oil…
Edinburgh-based investment giant Standard Life Aberdeen is in talks with Saudi Arabia about starting one or more investment vehicles that would be seeded by the…
Maven Property, the property arm of Glasgow-based private equity firm Maven Capital Partners, said it completed the £14.5 million sale of the four-star Hotel Indigo…
Royal Bank of Scotland CEO Ross McEwan told the Press Association in an interview it could take another 10 years for the bank’s tarnished reputation…
Scottish labour market conditions continued to improve in September, with sharp growth being recorded in both permanent placements and temporary staff billings, according to the…
Shares of Glasgow-based fashion firm Quiz fell more than 30% late on Friday after it said its revenue for the full year to March 31, 2019,…
Royal Bank of Scotland has released for sale its former office and data centre site at Dundas Street in the heart of Edinburgh. Branded “New…
A bottle of the extremely rare The Macallan Valerio Adami 1926 60 year old sold at Bonhams Whisky Sale in Edinburgh for a new world…
Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, said on Thursday it completed the sale of Finnish intercity bus operator OnniBus.com to Koiviston Auto…
Royal Bank of Scotland chief executive Ross McEwan has warned in a BBC interview that a no-deal Brexit could tip the UK economy into recession….
Forth Ports Limited said on Wednesday that Arcus European Infrastructure Fund 1 LP agreed to sell its shares in the company to the Public Sector…
Norway’s Equinor said it agreed to buy Chevron’s 40% stake in the Rosebank oilfield west of Scotland’s Shetland Islands for an undisclosed sum. Rosebank is one…
Scotland’s tax authority Revenue Scotland said it raised revenue of £707 million in Land and Buildings Transaction Tax (LBTT) and Scottish Landfill Tax (SLfT) —…
Simec, part of Sanjeev Gupta’s GFG Alliance, said it has formally applied to build a £158 million Highland wind farm at Glenshero “following a year…
Sandy Crombie, the former Standard Life CEO and Royal Bank of Scotland senior independent director, has joined Scottish fintech lender LendingCrowd as chairman. Launched in late…
The UK’s Financial Conduct Authority (FCA) said it fined Edinburgh-based Tesco Personal Finance plc (Tesco Bank) £16.4 million for “failing to exercise due skill, care…