2018



FirstGroup CEO leaves amid £327m loss

UPDATE 2 — Aberdeen-based bus and rail giant FirstGroup plc — which recently rejected a takeover approach from US private equity firm Apollo Global Management — said…




















Hyslop warns Ofcom about STV news cuts

The Scottish government’s culture secretary Fiona Hyslop has written to Ofcom expressing her regret over the planned loss of STV News Tonight “and the potential…




Paddy Power Betfair in talks to buy FanDuel

Irish bookie Paddy Power Betfair plc has confirmed it is in discussions to merge its US operations with fantasy sports company FanDuel. “Paddy Power Betfair plc notes…










Edinburgh Airport has busiest April ever

A total of 1,206,540 passengers passed through Edinburgh Airport last month, making it the busiest April on record at Scotland’s busiest airport. The total number…















SSE merger sent for in-depth investigation

The UK’s Competition and Markets Authority (CMA) said it has referred the proposed merger of Perth-based SSE Retail and Npower for an in-depth investigation “after…










Springfield shares up as it buys Dawn Homes

Shares of Elgin-based housebuilder Springfield Properties rose 8% after it said it completed the acquisition of Glasgow-based housebuilder Dawn Homes for up to £20.1 million. Springfield…



Virgin Money mortgage balances up to £34bn

Shares of Edinburgh and Newcastle-based Virgin Money rose about 6% after it said in a first-quarter trading update that it reaffirmed its 2018 guidance on performance and…









Sainsbury confirms Asda merger talks

J Sainsbury plc confirmed on Saturday that it is in “advanced discussions” about merging with Walmart’s Leeds-based subsidiary Asda. It is not yet clear how…


RBS first-quarter profit soars to £792m

Royal Bank of Scotland on Friday reported attributable first-quarter profit of £792 million compared with £259 million for the same period of 2017, beating analysts’…