Renewable electricity at record 74.6% of consumption
Renewable electricity generation in Scotland reached record levels in 2018, the latest figures from the Department for Business, Energy and Industrial Strategy (BEIS) show. The…
Renewable electricity generation in Scotland reached record levels in 2018, the latest figures from the Department for Business, Energy and Industrial Strategy (BEIS) show. The…
TSB said on Thursday it has taken direct control of important parts of its IT infrastructure away from Sabis, the in-house IT provider of TSB’s…
Shareholder rights group ShareSoc has advised Royal Bank of Scotland shareholders to vote against the firm’s remuneration report at the bank’s AGM on April 25….
Perth-based energy giant SSE said on Thursday it is continuing to work on “future options” for its retail supply arm SSE Energy Services after the…
CYBG plc, owner of Clydesdale and Yorkshire Bank, said it lent more than £2 billion to small and medium sized businesses (SMEs) in 2018. This…
Incomes from commercial farms in Scotland rose 19% to £35,400 in 2017-18, the highest level in six years, according to the latest statistics published by…
The Scottish Government said on Wednesday that record amounts are being spent on research and development, according to its latest statistics. In 2017, Gross Expenditure…
Shares of East Kilbride-based Goals Soccer Centres plc were temporarily suspended on Wednesday at the request of the company “pending clarification of the company’s financial…
Planning permission in principle has been granted for a “new town” development including almost 2,000 new homes at Old Craighall, Musselburgh, east of Edinburgh. East…
Cumbernauld-based Irn-Bru maker A.G. Barr said on Tuesday its evenue rose 5.6% to £279 milliom and profit before tax and exceptional items increased 2.5% to £45.2 million…
Aberdeen-based chartered accountants and business advisors Anderson Anderson & Brown LLP (AAB) said on Monday it has secured a “significant seven figure equity investment” for…
The Scottish Government on Friday published the results of a report it commissioned from the UK Government’s Office for National Statistics (ONS) to carry out…
Glasgow-based Aggreko, the world’s largest temporary power firm, said on Thursday it will provide the critical power and distribution for the ninth Rugby World Cup in…
Heng An Standard Life (HASL), a joint venture between Standard Life Aberdeen and Tianjin TEDA International, has been granted permission to establish a pensions insurance…
Edinburgh-based investment giant Aberdeen Standard Investments (ASI) said it has been appointed investment adviser for £3.6 billion of assets across a range of portfolios on behalf…
Assets worth around £1 trillion are moving from London to hubs in the European Union ahead of Brexit, with the number of jobs that could…
DC Thomson Media on Wednesday confirmed the acquisition of two of Scotland’s biggest commercial radio stations, Kirkcaldy-based Kingdom FM and Aberdeen-based Original 106. This adds…
Edinburgh-based Miller Homes said on Wednesday its 2018 revenue rose 11% to £747 million and its operating profit increased 15% to £151.1 million. Miller said it…
The Scottish economy has shown growth for the eighth consecutive quarter. Latest gross domestic product (GDP) figures show the Scottish economy grew 0.3% in the…
Oil & Gas UK’s Business Outlook 2019 has found that although 62% of contractor companies have an improved outlook for 2019, many areas of the…
A new report by the Scottish Land Commission argues that concentrated land ownership in some parts of Scotland “hampers economic development and causes serious and long-term harm…
UK energy regulator Ofgem said on Tuesday it “is minded” to approve a proposal by SSE’s Scottish and Southern Energy Networks (SSEN) to build a…
Shares of Aberdeen-based engineering and oil services giant Wood plc fell as much as 10% on Tuesday after it reported its 2018 full year results and…
UPDATE 4 — Edinburgh-based investment giant Standard Life Aberdeen (SLA) said on Tuesday it won a legal dispute to stop Scottish Widows parent Lloyds Banking…
Scotland’s First Minister Nicola Sturgeon on Monday wrote to UK Prime Minister Theresa May to raise her concerns over the role of the UK’s devolved…
Food and drink exports from Scotland rose 4.9% to a record high of £6.3 billion in 2018, according to the HMRC figures. Whisky accounted for…
The Scottish Government’s innovation minister Ivan McKee said on Thursday that Scotland’s space sector could be worth £4 billion by 2030. McKee outlined the Scottish…
Edinburgh councillors have voted 36 to 26 to go ahead with the extension of Edinburgh Trams from the city centre to Newhaven via Leith Walk at…
A dedicated Digital Quarter is being planned as the focal point of the 150-acre Crosswind site development near Edinburgh Airport. Crosswind, which was set up…
The cost of renting a three-bedroom home in Edinburgh is £479 a month more expensive than Glasgow, according to the latest housing report by global…
Videogames degrees at Dundee’s Abertay University have been ranked best in Europe for the fifth consecutive year. The annual Princeton Review again rated Abertay as…
UPDATE 4 — Edinburgh-based investment giant Standard Life Aberdeen plc unveiled a boardroom overhaul on Wednesday as it reported disappointing 2018 results that showed its…
Edinburgh-based oil and gas company Cairn Energy on Tuesday reported a $1.2 billion pre-tax loss on continuing operations amid non-cash writedowns connected to a long-running…
The Scottish Government said there were 18,750 new build homes completed across all sectors in the year to September 2018, an increase of 4% or…
UPDATE 2 — Edinburgh-based John Menzies plc, the global airport services firm, said on Tuesday that its CEO Forsyth Black “has decided to step down from…
New Mexico Educational Retirement Board (NMERB) and Aberdeen Standard Investments (ASI) have announced they will work together to invest in small and medium sized companies…
Oil and gas production in the UK increased by more than 4% in 2018, averaging 1.7 million barrels of oil equivalent (boe) per day, according…
More than 100 Scottish Enterprise staff are to be “refocused” to work on helping Scottish businesses prepare for Brexit. With less than three weeks to…
Edinburgh-based water retailer Business Stream, a subsidiary of state-owned Scottish Water, said on Friday it won a four-year contract worth up to £62 million with public…
Shares of East Kilbride-based Goals Soccer Centres plc fell more than 30% on Friday after the firm said it is working with its auditors “to…
Edinburgh-based video security company IndigoVision said on Thursday its 2018 revenue rose 9% to $46 million and its operating loss narrowed to $0.6 million from…
Rural enterprise university status for Scotland’s Rural College (SRUC) could lead to a £4.5 billion boost for the Scottish economy, according to a new report. …
UPDATE 2 — Shares of Glasgow-based fashion firm Quiz fell more than 50% after it said in a trading update it recorded “a significant shortfall in…
The value of sales in the Scottish residential property market increased by 1.3% to £18.1 billion in 2018, according to new figures released on Tuesday…
Shares of Edinburgh-based Craneware, a software firm that specializes in US healthcare, fell almost 6% on Tuesday despite the company reporting its first-half revenue increased 15% to…
Aviva plc, the UK’s second-largest insurer, said on Monday that Falkirk-born Maurice Tulloch will become its chief executive officer with immediate effect. Tulloch most recently…
Dundee-based investment firm Alliance Trust, which appointed external asset managers Willis Towers Watson (WTW) in April 2017, said on Friday it underperformed its benchmark in 2018….