Shares fall 35% at Edinburgh healthcare firm Craneware
Shares of Edinburgh-based Craneware, a software firm that specializes in US healthcare, plummeted 35% on Friday after it said in a trading update that its sales in the…
Shares of Edinburgh-based Craneware, a software firm that specializes in US healthcare, plummeted 35% on Friday after it said in a trading update that its sales in the…
Project Heather, the firm creating a new Scottish Stock Exchange based in Edinburgh’s Geoge Street, on Friday announced the appointments of two senior executives. Helen…
Apple said late on Thursday that Jony Ive, Apple’s chief design officer, will leave the company as an employee later this year to form an…
Aberdeenshire-based craft brewing firm BrewDog said it has been named the most valuable craft beer brand in the world and the 19th most valuable global beer…
US investment giant John Hancock is set to drop Edinburgh-based Aberdeen Standard Investments from its $925 million Global Absolute Return Strategy (Gars), according to a…
Barratt Developments plc announced on Thursday the acquisition of Selkirk-based Oregon Timber Frame Limited, one of the UK’s largest timber frame manufacturers. Oregon Timber Frame…
Glasgow City Council has secured £285 million in funding from Legal & General Investment Management (LGIM) to help pay for its historic equal pay settlement….
The Church of Scotland is seeking a CEO to implement “major changes to the governance and structures of the Church to ensure they are lean…
Glasgow Credit Union has marked its 30th anniversary by announcing that 2018 was a “phenomenal year” with record lending, a significant increase in membership and…
Stagecoach Group plc on Wednesday announced hanges to its board with deputy chairman Will Whitehorn planning to step down next year and non-executive director Jayne-Anne…
Glasgow-based banking group CYBG — owner of Virgin Money, Clydesdale Bank, Yorkshire Bank and digital brand B — on Wednesday announced three new appointments to…
Perth-based transport giant Stagecoach Group plc said on Wednesday it has “no intention to bid for new UK rail franchises” and will now focus on its…
Shares of Aberdeen-based engineering and oil services giant Wood plc rose on Wednesday after it published a strong pre-close trading statement for the six months to…
Scottish Rugby said on Wednesday that Tavish Scott, MSP for Shetland, will join Scottish Rugby in August in a newly created role of head of…
The average valuation of corporate finance deals in Scotland is on the rise, according to PwC, in spite of economic uncertainty which is expected to…
Aberdeen-based international bus and rail giant FirstGroup plc said on Tuesday its shareholders rejected proposals from New York activist hedge fund Coast Capital Management to…
A Korean investor has bought the iconic Bank of Scotland building at 110 St Vincent Street in Glasgow for £48.4 million in the largest office…
Audit Scotland has slammed an IT project that ran into difficulties and has cost Scotland’s public sector pension body millions of pounds and “significantly” set…
The Offshore Wind Industry Council (OWIC) said on Monday it is launching a £100 million, 10-year programme to support the growth of UK businesses “looking…
An investment of around £200 million by Edinburgh-based fund management giant Baillie Gifford in online ticketing firm Trainline has paid off immediately. Baillie Gifford committed…
Edinburgh-based fund manager Amati Global Investors has moved to reassure investors about its TB Amati UK Smaller Companies Fund following the closure of the high profile…
Scotch Whisky tourism saw record numbers of visitors in 2018, with more than two million visits to Scotch Whisky distilleries from tourists for the first…
UPDATE 3 — The UK’s Financial Conduct Authority (FCA) said on Friday it fined Bank of Scotland (BOS) £45.5 million for failures to disclose information…
Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — said its “core” revenue rose 9% to £679.8 million…
The Auditor General for Scotland has warned that the Scottish Government needs to show greater strategic leadership across the public sector to achieve its digital…
The Scottish economy grew for the ninth consecutive quarter, according to the latest GDP figures. The latest figures show the Scottish economy grew by 0.5%…
Glasgow-based banking group CYBG confirmed on Wednesday it will retire its 175-year-old Clydesdale and Yorkshire Bank brands and rename itself Virgin Money UK by the…
Royal London Mutual Insurance Society confirmed on Wednesday that former Standard Life Aberdeen executive Barry O’Dwyer has been appointed its group chief executive subject to…
Aberdeen-based engineering and oil services giant Wood plc said on Tuesday it has been awarded a contract with the US Army Corps of Engineers (USACE)…
Intelligent Growth Solutions Ltd (IGS), the Scotland-based “vertical farm” technology business, announced on Tuesday a £5.4 million Series A funding round led by US-based S2G…
Troubled East Kilbride-based Goals Soccer Centres plc said on Tuesday it is in the process of engaging Deloitte LLP “to work alongside its current advisors…
Derby-based Mortgage Advice Bureau plc (MAB) said on Tuesday it agreed to acquire 80% of Edinburgh-based First Mortgage Direct Ltd for an initial £16.5 million,…
NatWest Holdings, a subsidiary of Royal Bank of Scotland Group, said on Tuesday it appointed Marieke Flament as the first chief executive officer of Mettle,…
Sotheby’s announced on Monday it signed a definitive merger agreement to be acquired by an entity wholly owned by French-Israeli telecom titan and art collector…
Royal Bank of Scotland Group plc said the completion of the merger of Alawwal Bank and Saudi British Bank would release capital that will have…
UPDATE 4 — The UK’s All-Party Parliamentary Group on Fair Business Banking (APPG) on Thursday dismissed as a “whitewash” the Financial Conduct Authority (FCA) final…
Scotland’s Chief Statistician on Thursday released the latest Council Tax Collection Statistics for Scottish local authorities, up to and including the financial year 2018-19. “In…
The Scottish Government said on Thursday that Glasgow Prestwick Airport will be advertised for sale as it looks to return the facility to the private…
Queen Margaret University (QMU), Edinburgh, announced on Wednesday that Paul Grice, chief executive of the Scottish Parliament, will be appointed as the University’s new principal…
The value of Scottish residential property sales in the financial year 2018-19 rose 1.6% to £18.2 billion, according to latest statistics from Registers of Scotland’s Property…
Scottish IT consultancy ECS Group said on Wednesday that ECS Security, its cyber-security arm, has completed a management buyout (MBO), supported by private equity firm…
French oil and gas giant Total said it has started up production from the giant Culzean gas field 45 miles east of Aberdeen in the North…
Shares of troubled Glasgow-based fashion firm Quiz fell more than 20% on Tuesday after it said profit before tax for the year to March 31 fell…
J Sainsbury plc said on Tuesday it appointed former RBS executive Jim Brown as chief executive officer of Edinburgh-based Sainsbury’s Bank, subject to regulatory approval….
Glasgow-based cloud computing firm Iomart Group plc said on Tuesday its annual revenue exceeded £100 million for the first time in the year to March 31….
Private sector output in Scotland declined during May for the fifth time in the last six months, reversing the modest pick-up in activity seen in…
EasyJet has awarded Edinburgh-based Menzies Aviation a new long term ground handling contract at the airline’s base in London Luton Airport. The contract will see…
Scottish Equity Partners (SEP) said on Monday it has completed a €25 million investment in Immedis, a specialist provider of enterprise technology services for global…
Scottish Property Federation (SPF) analysis of commercial property sales during the first quarter of 2019 reveals that total the value of sales in Scotland fell by 21% (£203m) to…
Cumbernauld-based Irn-Bru maker A.G. Barr said on Friday it will invest an initial £1 million for a 20% minority stake in start-up business Elegantly Spirited Limited, owner…
A new South of Scotland Enterprise Agency designed to boost the region’s economy will be up and running in eight months’ time, the Scottish Government…
The value of Scottish goods exported outwith the UK increased by 12.9% (£3.8 billion) to £32.8 billion in the year ending March 2019. This was…
M&G Prudential said on Thursday it will move 400 jobs to Edinburgh as part of a “a UK-wide location strategy.” M&G Prudential said it will…
UPDATE 2 — Edinburgh-based John Menzies plc, the global airport services firm, said on Thursday that following a full search process, interim CEO Giles Wilson has…
UPDATE 3 — The proposed new Scottish Stock Exchange said on Thursday it will locate its headquarters at 39 George Street, Edinburgh, after signing an…
Booming overseas sales of Scotch whisky and Scottish salmon helped first quarter UK food and drink exports increased by 10.7% to £5.8 billion, almost twice…
West of Shetland oil and gas explorer Hurricane Energy plc said on Wednesday it has achieved “First Oil” at its important Lancaster field. Lancaster is…
The Director-General for Organisational Development and Operations at the Scottish Government Sarah Davidson is to become chief executive officer of The Carnegie UK Trust. The…
Italian aerospace and defence firm Leonardo’s research and development hub at Crewe Toll in Edinburgh has been sold by Brockton Capital to unnamed South Korean…
Standard Life Aberdeen director Melanie Gee is to join healthcare investment trust company Syncona Limited as a non-executive director and chair-designate with immediate effect. Gee…
Scotland’s public spending watchdog has warned that most Scottish colleges are forecasting deficits in the next five years as the gap between their income and…
Edinburgh-based fund management giant Aberdeen Standard Investments (ASI) and Japan’s Sumitomo Mitsui Trust Bank, Limited announced on Tuesday the establishment of a joint venture that…
By Mark McSherry Aberdeen-based international bus and rail giant FirstGroup said on Tuesday it has granted activist shareholder Coast Capital Management the extraordinary general meeting…
Grangemouth refinery operator Ineos said on Monday it will invest $2 billion to build three plants that would form part of petrochemical complex being developed…