Weir shares slide as orders fall in oil and gas
Shares of Glasgow-based engineering giant Weir Group fell 4% on Tuesday after it said its first-quarter orders — excluding recent acquisition ESCO –fell 7% “reflecting reduced…
Shares of Glasgow-based engineering giant Weir Group fell 4% on Tuesday after it said its first-quarter orders — excluding recent acquisition ESCO –fell 7% “reflecting reduced…
Scotland’s salmon farming industry has reached a turnover of more than £1 billion, according to an economic impact report carried out for the Scottish Salmon…
A new report from the Scotch Whisky Association (SWA) shows the contribution of the Scotch industry to the UK economy has grown by 10% since…
The University of Glasgow said it is taking forward ambitious plans for a major investment in a new Clyde Waterfront Innovation Campus on the south…
Shares of Royal Bank of Scotland fell about 5% on Friday after it said its first-quarter attributable profit fell to £707 million compared with £808…
Shares of Perth-based transport giant Stagecoach Group rose 5% on Thursday after it announced a share buyback programme worth up to £60 million. “The Stagecoach board believes…
ScottishPower — a subsidiary of Basque energy giant Iberdrola — said on Thursday earnings rose 30% to £166 million at its ScottishPower Renewables business in…
Migration has helped Scotland’s population grow to a record high of 5.44 million, according to the National Records of Scotland (NRS). The figures published in…
UPDATE 4 — Royal Bank of Scotland said on Thursday that Ross McEwan has resigned from his role as chief executive officer (CEO). RBS said…
Aberdeen-based engineering and oil services giant Wood plc said it has won a multimillion-dollar framework contract to provide decommissioning work at the Dounreay nuclear site…
Scotmid Co-operative said on Wednesday it delivered a £5.3 million trading profit for the year ended January 28, 2019 — up £500,000 on the equivalent period…
First Minister Nicola Sturgeon said on Wednesday that Scotland should hold an independence referendum before the current Scottish parliamentary term ends in May 2021 and…
Scottish shares on the FTSE outperformed the wider market during the first three months of 2019 but their AIM-listed counterparts significantly underperformed the index, according…
Royal Bank of Scotland subsidiary NatWest said it will double its growth funding programme for small and medium-sized British businesses to £6 billion to help them navigate…
The asset management units of Deutsche Bank and Swiss bank UBS Group are in “serious” merger talks, the Financial Times reported on Tuesday, citing people…
Almost 30% of shareholders of Glasgow-based media firm STV Group plc voted against the firm’s directors’ renumeration report at the STV AGM on Tuesday. “The company…
The co-founder of Aberdeenshire-based craft brewing firm BrewDog has criticized the lack of clarity surrounding Brexit, saying the confusion will cause “severe long-term damage” to…
Edinburgh-based investment giant Baillie Gifford has introduced a new parental leave policy which offers up to 52 weeks leave to any employee becoming a parent,…
The Scottish Government has warned that Scots who currently live in another EU country will find it much harder to bring family members back to…
Edinburgh Airport is likely to be sold this year for as much as £2 billion as its New York-based owner Global Infrastructure Partners (GIP) bids…
The latest Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator survey for Q1 of 2019 shows the health of the Scottish economy “weakened considerably” in…
The Scottish Government said 19 new school projects are amongst the £1.4 billion of new building projects completed in the last year. The details are…
Glasgow-based media firm STV Group plc said on Thursday it reached an agreement with the trustees of the company’s defined benefits pension schemes “for the…
Chrysaor Holdings said on Thursday it will acquire ConocoPhillips’ UK oil and gas business for $2.675 billion. The assets being acquired produced 72,000 barrels of…
The latest economic commentary from the University of Strathclyde’s Fraser of Allander Institute (FAI) and partner Deloitte has laid out different scenarios for growth in…
Scotland’s unemployment rate fell to a record low of 3.3% in the three months to February — well below the UK figure of 3.9% —…
Scottish Equity Partners (SEP) said on Monday it has sold its portfolio of onshore wind farms to Pensions Infrastructure Platform (PiP) for an enterprise value…
Aberdeenshire-based craft brewing firm BrewDog has hired Just Eat EU finance director Dominic Neary as its new chief financial officer (CF0), according to a report…
Scottish Liberal Democrat deputy leader Alistair Carmichael MP has lodged a Bill in the UK’s House of Commons calling for Scottish banknotes to be accepted…
Barclays has appointed five new managing directors to support business development and drive growth opportunities at its new £300 million Glasgow campus. The diverse set…
Shares of troubled Glasgow-based fashion firm Quiz recovered some of their lost ground on Thursday after it published a trading update for the year ended March…
The number of store closures across Scotland’s high streets has fallen to its lowest level in the last six years, but the country’s most popular…
Shares of Perth-based transport giant Stagecoach Group plc fell about 5% on Wednesday after it said it has been disqualified from the current three UK rail franchise competitions by…
North Lanarkshire Council said on Tuesday that more than 6,500 jobs could be created and around £360 million per year generated for the local economy…
The International Monetary Fund (IMF) has cut its outlook for global growth to the lowest since the financial crisis amid a bleaker outlook in many…
Almost 700,000 Scots have problem debts or are at risk of having them, according to a new report by debt advisory charity StepChange Scotland. With…
Edinburgh-based investment giant Aberdeen Standard Investments (ASI) said it has entered into a strategic partnership with Skipton Building Society to provide portfolio products for customers…
The Scottish Government’s Transport Secretary Michael Matheson is pressing the UK Government to ensure that Scotland’s time sensitive exports like seafood can continue to reach…
Scotland exported £7.2 billion of financial and related professional services in 2017, up 7.4% from 2016, according to the most recent estimates of trade body…
Glasgow-based Smart Metering Systems (SMS) said on Thursday its 2018 revenue increased 24% to £98.5 million but statutory profit before tax fell 70% to £5.4 million….
Shares of Perth-based transport giant Stagecoach rose as much as 13% on Wednesday after the firm raised its annual profit forecast amid a strong performance…
Private equity firm Aliter Capital LLP has brought together Glasgow-based IT firm Boston Networks and North Wale-based Pinacl to create a UK-wide network infrastructure and…
The union Unite Scotland said on Tuesday its membership at Glasgow Airport voted for industrial action over a pay claim for 2019 and proposals to…
The Scottish Council for Development and Industry (SCDI) announced on Monday its new chief executive will be Sara Thiam, currently the Scotland Director of the…
Glasgow-based cloud computing firm Iomart Group plc said on Monday it expects to report revenue growing to £104 million from £97.7 million and adjusted profit before tax…