2018


Dorner completes Virgin Money female top team

Edinburgh and Newcastle-based Virgin Money has confirmed the appointment of former HSBC executive Irene Dorner as chair elect of the challenger bank. The appointment helps create the…


Aegon UK platform assets rise to £117bn

Edinburgh-based Aegon UK said the acquisition of Cofunds and “exceptional” organic growth has seen the firm add more than £15 billion to take its “platform” assets up…




Edinburgh’s Craneware wins US health contracts

Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, announce two significant new contracts with hospital providers in the US. Both hospital providers are new…


Smart Metering Systems wins UK rental deal

Glasgow-based Smart Metering Systems (SMS) announced it has signed a new meter rental agreement with Utilita Energy “to provide an opportunity for over 100,000 new…


Top 100 private Scots firms make £21bn turnover

Grant Thornton’s Scotland Limited report for 2017 shows that Scotland’s largest 100 private limited companies made a combined turnover of £21.4 billion, made combined pre-tax profits of…



£33m investment for Scots medical device plant

Tokyo-based Terumo Corporation announced an investment of £33 million in its Renfrewshire subsidiary Vascutek Limited. The investment has been approved for the major expansion of…


Wood wins Saudi Aramco mega-project deal

Aberdeen-based oil and engineering giant Wood plc said it secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one…


Scots business optimism at 43-month high

Scottish private sector business optimism has strengthened “markedly” to a 43-month high, according to the latest Bank of Scotland Purchasing Managers’ Index (PMI). “Activity in…






Goals Soccer names Anson as new CEO

East Kilbride-based Goals Soccer Centres said it appointed Andrew Anson as its chief executive with effect from April 23, 2018. Anson has held senior roles at The Walt…





Stagecoach shares fall amid East Coast woes

Shares of Perth-based transport giant Stagecoach fell as much as 14% on Tuesday, the day after UK Transport Secretary Chris Grayling said the Stagecoach-led Virgin Trains East…










Johnston Press revenue falls 5%

Johnston Press — the embattled owner of The Scotsman, the i newspaper and about 200 local newspapers and websites — said in a trading update that…



Aberdeen Standard and Big Issue launch fund

Aberdeen Standard Investments announced the launch of the UK Equity Impact – Employment Opportunities Fund in collaboration with Big Issue Invest, the social investment arm…



10-year deal to protect Scotch Whisky IP in China

The Scotch Whisky Association (SWA) has renewed its collective trademarks ‘Scotch Whisky’ and its translation ‘苏格兰威士忌’ in China — the world’s largest spirits market —…





Scots farming income ‘up 36% to £917m’

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…










Mallon to succeed Higgins as Tesco Bank CEO

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…






Provan new boss at Glasgow, Aberdeen airports

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…






Scots firms optimistic but recruitment still tough

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 to open on September 15

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…


Scots hotel investment up 60% to £195m

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…


Franklin buys Sandy Nairn’s Edinburgh Partners

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…



Swiss bank Julius Baer appoints Edinburgh boss

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…


Abu Dhabi investor buys $120m Caledonian Hotel

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…







Xmas revenue up 32% at fashion firm Quiz

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,…