2021

Sturgeon outlines £1bn NHS Recovery Plan

The Scottish Government has published its “NHS Recovery Plan” — committing more than £1 billion of targeted investment for the “recovery and renewal” of Scotland’s…
















Menzies in Costa Rica, Australia aviation deals

Edinburgh-based global aviation services business John Menzies plc has announced further expansion in Central America with the acquisition of Interexpresso, as well as additional contract…





Highland Spring exec reshuffle as CEO retires

Perthshire-based natural source water producer Highland Spring Group announced that Les Montgomery has decided to retire from his full-time role as chief executive to become…




Investment bank Noble hires Goldman, RSM execs

Edinburgh-based investment bank Noble & Co announced two senior appointments to help “increase the firm’s capacity to source prospective deals.” Noble has hired Susi Crawford…


Whisky exports to US remain down by 34%

The Scotch Whisky Association (SWA), currently looking for a new chief executive, has released export figures for the first half of 2021 which show some…




Work starts on Minimum Income Guarantee

The Scottish Government said on Tuesday it is taking the “first steps on the road” to establishing a Scottish Minimum Income Guarantee (MIG). Social Justice…


abrdn keeps big China bets despite crackdown

Aberdeen Standard Investments’ veteran Asia chairman Hugh Young told Bloomberg in an interview the Edinburgh-based asset management giant is sticking with its big China investments…








abrdn: wild west crypto long way from mainstream

Mark McSherry A top executive at Edinburgh-based investment giant Aberdeen Standard Investments said cryptocurrency is still the “wild west” in terms of regulation and consumer protection…



Phoenix to invest in Standard Life brand

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, said on Wednesday it plans to grow its…


Scottish Mortgage raises £200m more to invest

Baillie Gifford’s high-flying flagship fund, the £20 billion Scottish Mortgage Investment Trust plc, announced it has raised a further £200 million by issuing two long-term, fixed…







Brodies Profit £39m On £82.5m Revenue

UK and Scottish law firm Brodies LLP has reported revenue of £82.5 million, up from £82 million, with operating profit increasing from £38.5 million to £39…


Novolex buys Vegware, compostable packaging firm

South Carolina-based Novolex has acquired Edinburgh-based Vegware, a rapidly growing international provider of compostable foodservice packaging that sells to over 70 countries around the world. Novolex…


Glasgow’s Smarter Grid bought by Mitsubishi

Mitsubishi Electric Corporation and its subsidiary Mitsubishi Electric Power Products announced on Monday they agreed to acquire Glasgow‑based Smarter Grid Solutions (SGS), a spin-out from…






Abrdn board changes as Grove becomes director

Edinburgh-based investment giant abrdn announced that former State Street executive Hannah Grove will be appointed a non-executive director of the asset management group on September…


James Hay acquisition of Nucleus approved

The £145 million acquisition of Edinburgh funds platform Nucleus Financial Group by James Hay to create a £47 billion adviser platform has received regulatory approval and the offer…




Cairn Energy shares up 26% on India news

Shares of Edinburgh-based international oil and gas company Cairn Energy soared about 26% on Thursday amid news that India has proposed scrapping a controversial law that…




Glasgow’s DeepMatter in Cambridge venture

Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 5% on Thursday after it announced a collaboration with the University…


FirstGroup unveils more board departures

Embattled Aberdeen-based bus and rail giant FirstGroup plc said on Thursday that non-executive directors Martha Poulter and Steve Gunning have notified the group they will not…


UK dividends to recover 24% to £79bn

UK company dividends will show headline growth of 24.4% to £79.5 billion this year, according to the latest UK Dividend Monitor from Link Group. Underlying…





Cairn partner Eni in offshore Mexico oil find

Edinburgh-based international oil and gas company Cairn Energy said on Monday that Italy’s Eni has announced an oil find in offshore Mexico — at the Sayulita Exploration Prospect…



SSE sells Scotia Gas stake for £1.2bn

Perth-based energy and networks giant SSE said on Monday it agreed to sell its entire 33.3% stake in gas distribution operator Scotia Gas Networks Ltd…