November 2018

Co-op Bank poaches Clydesdale SME boss

Manchester-based Co-operative Bank announced on Wednesday the appointment of Donald Kerr to the new role of Managing Director, SME Banking, as part of its bid…



Edrington sells Cutty Sark to French firm

Glasgow-based drinks giant Edrington — owner of Scotch whisky brands The Macallan and Highland Park — said on Wednesday it sold the Cutty Sark Scotch Whisky brand to…




Quiz first-half revenue up 19% to £67m

Glasgow-based fashion firm Quiz said on Tuesday its revenue rose 19% to £66.7 million in the six months to September 30 “despite challenging market conditions” while…









£1bn investment for Scottish schools

The Scottish Government said it will invest a further £1 billion in rebuilding and refurbishing schools. Deputy First Minister John Swinney said the new funding, which…






Ineos in $3bn talks for Conoco N Sea assets

Grangemouth refinery operator Ineos confirmed on Sunday it is in talks with ConocoPhillips to acquire its assets in the North Sea — with industry analysts saying…




Devro chairman Hoetmer to step down

Glasgow-based sausage skin and collagen products firm Devro said its chairman Gerard Hoetmer informed the board of his intention to retire as chairman at the AGM on…



Glasgow’s SEC bids for £200m expansion

The Scottish Event Campus (SEC) in Glasgow said it has applied for planning permission in principle (PPIP) for a £200 million expansion of its facilities “with…



Russell says Brexit deal dead, Holyrood to vote

The UK Government’s proposed Brexit deal is “essentially dead” because of “self-imposed draconian red lines,” according to the Scottish Government’s Constitutional Relations Secretary Michael Russell….



North Sea exploration applications up 50%

The United Kingdom’s latest offshore licensing round has attracted 36 applications covering 164 blocks in frontier areas of the UK Continental Shelf (UKCS), according to…




UK’s curb on Scots power ‘needs repealed’

The Scottish Government’s Constitutional Relations Secretary Michael Russell has said the “unnecessary” UK law curbing the powers of the Scottish Parliament is undermining devolution and…


Aggreko boosted by Ryder Cup, Winter Olympics

Glasgow-based Aggreko, the world’s largest temporary power firm, on Tuesday published a trading update for the nine months to September 30, 2018.  Aggreko said underlying group…


Women-owned firms worth £8.8bn to Scotland

New research published by the Federation of Small Businesses (FSB) reveals that the contribution made to the Scottish economy by women-owned businesses increased by 76%  from £5…



Cruises bring £109m spending to Scots ports

Cruise Scotland said on Monday that Scottish ports are on course to welcome a million cruise passengers annually years ahead of original expectations after another record…


Scots private sector economy expands

Output in Scotland’s private sector economy “expanded solidly” at the start of the fourth quarter, according to the latest Royal Bank of Scotland PMI. “New…


Wind generated 98% of electricity demand

Wind turbines generated power at record levels across Scotland in October — with turbines generating the equivalent of 98% of all Scotland’s electricity demand or…


Wood wins $53m Abu Dhabi contracts

Aberdeen-based oil services and engineering giant Wood plc said it has been awarded three new contracts totaling $53 million by ADNOC Onshore, a subsidiary of…






BrewDog hires Diageo expert in whisky, rum move

Aberdeenshire-based craft brewing firm BrewDog said it appointed former Diego executive David Gates as managing director of BrewDog Distilling. The appointment comes as BrewDog’s distilling…