2019




Wood makes progress with $200m assets sale

Aberdeen-based engineering and oil services giant Wood plc on Monday announced further progress with its $200m non-core asset disposal programme. In December, Wood agreed the…



Irn-Bru maker Barr expects £277m revenue

Cumbernauld-based Irn-Bru maker A.G. Barr said on Friday it expects its full-year revenue to rise about 5% to around £277 million. Barr, which also produces…












Menzies takeover gets OK as pension deficit cut

The UK’s Competition and Markets Authority (CMA) has cleared Edinburgh-based Menzies Aviation’s takeover of part of Airline Services’ business after an in-depth investigation allayed competition…



Aberdeen Standard in Singapore Life investment

Edinburgh-based investment giant Aberdeen Standard Investments (ASI) has made a $13 million minority equity investment in Singapore Life Pte. Ltd., a digitally-focused life insurance company…





SSE completes £1bn Caithness-Moray link

Perth-based energy giant SSE said on Friday its subsidiary Scottish and Southern Electricity Networks Transmission (SSEN Transmission) has completed the new £1 billion Caithness-Moray electricity transmission…





Aberdeen Standard, Virgin seal investment JV

Aberdeen Standard Investments and CYBG’s Virgin Money announced on Wednesday they have sealed a new investments and pensions joint venture. The venture will build on Virgin…


Scots job market stronger than UK

The latest Royal Bank of Scotland Report on Jobs said permanent staff appointments in Scotland increased at a “marked rate” at the end of 2018…









UK central bank appoints Bowe, Gadhia

The Bank of England, the UK’s central bank, said Colette Bowe and Jayne-Anne Gadhia have been appointed as external members of its Financial Policy Committee…




Drax completes £702m ScottishPower acquisition

Selby, North Yorkshire-based power company Drax Group plc said on Wednesday it completed the acquisition of ScottishPower’s portfolio of pumped storage, hydro and gas-fired generation….