2018








SCDI chief leaves after one year

The Scottish Council for Development and Industry (SCDI) announced on Monday its chief executive Mark Bevan has resigned from the organisation after a year at…





HSBC’s Iain Mackay to join GSK as CFO

GlaxoSmithKline announced that Iain Mackay has been appointed GSK’s next chief financial officer (CFO). Mackay joins GSK from the global bank HSBC, where he has…











RBS to pay first dividend in a decade

Royal Bank of Scotland on Friday reported an operating profit before tax of £1.8 billion for the first half of 2018, a figured that included an…












Clydesdale owner mortgage book tops £24bn

Clydesdale and Yorkshire Bank owner CYBG, which is buying Newcastle-based Virgin Money for roughly £1.7 billion, said on Monday its third-quarter trading was in line with its…








Menzies sells news distribution arm for £74m

Edinburgh-based John Menzies plc said on Thursday it agreed to sell Menzies Distribution, its print media division, to investment funds managed by private equity fund Endless…




Dentsu Aegis acquires Edinburgh’s Whitespace

The Dentsu Aegis Network has acquired Edinburgh-based creative agency Whitespace. Financial terms of the deal were not immediately disclosed. The 65-strong Whitespace team will become…



Stagecoach and Alexander to trial driverless bus

Perth-based transport giant Stagecoach confirmed on Monday it has partnered with Falkirk-based bus manufacturer Alexander Dennis Limited (ADL) and technology company Fusion Processing to produce…







Scots home mover market stagnates

The number of people moving home in Scotland has returned to levels last seen in 2016 following a brief growth spell last year, with only…


Decom North Sea appoints Warrender as CEO

Decom North Sea, the membership organisation for the oil and gas decommissioning sector, said it appointed former ConocoPhillips executive John Warrender as its chief executive,…












Weir Group completes $1.3bn ESCO acquisition

Glasgow-based engineering giant Weir Group said on Thursday it completed the acquisition of Portland, Oregon-based ESCO Corporation for an estimated enterprise value of $1.28 billion. Weir’s main markets…






Craneware up 12% on strong sales, new contract

Shares of Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, rose about 12% on Tuesday after it issued a trading update for the year ended…



Cala appoints CEO amid another strong year

Edinburgh-based upmarket home builder Cala Group, now 100% owned by Legal & General, said on Monday Kevin Whitaker, currently one of two regional chairs, will become Cala…