January 2022

Cumming among three big Newton Investment hires

Newton Investment Management, part of BNY Mellon Investment Management, announced it hired veteran Scottish fund manager David Cumming and Abrdn portfolio manager Georgina Cooper for its…



OGUK drops oil, gas from name in low carbon push

Oil & Gas UK (OGUK), the powerful representative body for the UK’s offshore oil and gas industry, said on Monday it is expanding to include the low-carbon offshore energy technologies that…


Craneware revenue soars but Omicron weighs

Edinburgh-based Craneware, a provider of software for the US healthcare market, said on Monday its revenue increased 110% to $80 million in the six months ended…



Edinburgh Business School looks for new boss

Heriot-Watt University in Edinburgh has advertised a new executive role called “Executive Dean of the Edinburgh Business School & School of Social Sciences.” Heriot-Watt said…










Forth Ports appoints three new leaders

Forth Ports, which owns and operates eight commercial ports across the UK, has announced three new leadership roles as it restructures its senior team “to…


Menzies moves to US dollars; trading strong

John Menzies plc, the Edinburgh-based global aviation logistics specialist, said on Thursday it has decided to change its presentational currency to US dollars “better reflecting…




Stagecoach takeover investigated by CMA

The UK’s Competition and Markets Authority (CMA) announced it is investigating the anticipated merger between National Express Group plc and Stagecoach Group plc. National Express…


Scots onshore GDP above pre-pandemic levels

Scotland’s onshore economic output is now estimated to be back above pre-pandemic levels, according to new figures published by the Chief Statistician. The figures show…






Canada’s Amp Energy plans Scots battery complex

Toronto-based renewable energy developer Amp Energy announced it will create Europe’s two biggest battery storage facilities with a 800 MW battery portfolio in central Scotland called the Scottish Green Battery…








UK share dividends soar 46% to £94bn

UK company share dividends soared 46.1% in 2021 to £94.1 billion on a headline basis, according to the latest Dividend Monitor report from Link Group….


Strathberry secures BGF investment for growth

Edinburgh-based accessories brand Strathberry has announced a partnership with growth capital investor BGF after securing an £8 million investment to support its future growth plans. Founded…













Omega CEO King and director Rhodes quit

Alva-based Omega Diagnostics Group said on Wednesday that CEO Colin King notified the board that he will step down from his position with immediate effect. Omega…





£700m of Scottish offshore wind leasing awarded

Crown Estate Scotland on Monday announced the outcome of its application process for ScotWind Leasing — the first Scottish offshore wind leasing round in over a decade. It said a total of just…












Swiss Re exits Phoenix with £440m share sale

Reinsurance giant Swiss Re has sold its remaining 6.6% shareholding in closed life and pension fund consolidator Phoenix Group Holdings by selling 66,199,917 ordinary shares…


Investment trust body AIC makes board changes

The membership of the Association of Investment Companies (AIC) has elected former Standard Life Investments head of investment companies Gordon Humphries and Fidelity International’s head of…







FCA probes cost of financial markets data

The UK’s Financial Conduct Authority announced it will launch two market studies “and gather further information” to investigate access to wholesale data in financial markets…



Linlithgow’s Calnex beefs up board with two hires

Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc on Tuesday announced the appointments of corporate veterans Margaret Rice-Jones and Stephen Davidson as non-executive directors of the…