Shepherd and Wedderburn revenue tops £55m
Shepherd and Wedderburn, the largest Scottish-headquartered UK law firm, said it achieved record financial results in its 250th year in the year to April 30,…
Shepherd and Wedderburn, the largest Scottish-headquartered UK law firm, said it achieved record financial results in its 250th year in the year to April 30,…
Scotland’s largest law firm Brodies LLP said its turnover rose 12% to £76.86 million for the financial year to April 30, 2019. Profits before partner…
Edinburgh-based investment giant Standard Life Aberdeen (SLA) on Monday announced the appointment of Noel Butwell as CEO of Standard Life Savings. Butwell’s responsibilities encompass Standard…
Scotland was the fastest-growing area of the UK for new business in June and joint third-strongest for output, according to the latest Royal Bank of…
Deutsche Bank said on Sunday it will scrap its global equities business and scale back its investment bank, a move that will cut about 18,000…
Saudi-based Arbah Capital has acquired the landmark Sauchiehall Building retail block in the city centre of Glasgow from US investment firm KKR for £60 million…
Shares of Edinburgh-based John Menzies plc, the global airport services firm, fell 12% on Friday after it warned in a trading update that earnings for…
The Women’s Tour of Scotland announced that Edinburgh investment giant Baillie Gifford will be its new lead partner as the list of teams that will…
The latest Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator survey for Q2 of 2019 shows businesses in Scotland “are resilient and demonstrating their underlying…
European leaders have agreed on who should fill the top jobs for its main institutions after a marathon summit. France’s Christine Lagarde has been proposed…
Aberdeen Football Club said on Tuesday that shareholders who were present at its EGM voted unanimously to re-register as a private limited company. “When the…
The Scotch Whisky Association (SWA) on Tuesday urged the United States and European Union to end a trade dispute after Washington threatened tariffs on $4…
Hibernian FC announced on Tuesday that the majority shareholding in the club has passed from HFC Holdings Limited – owned by Tom Farmer and Rod…
More than £394 million is to be invested into the five local authority areas on both sides of the border between England and Scotland. The…
Shares of West of Shetland oil and gas explorer Hurricane Energy plc plummeted 19% on Monday after it said it had plugged and abandoned the…
1825, Standard Life’s financial planning and advice business, confirmed on Monday it agreed to acquire the wealth advisory unit of Grant Thornton UK LLP. 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…