Articles by Mark McSherry





Andy Murray invests in three more start-ups

Tennis world number two Andy Murray — who has just reunited with former coach Ivan Lendl — has made three further investments in British start-up firms via equity…


Holyrood, mobile firms plan coverage boost

The Scottish Government said it will work with mobile operators to improve coverage throughout Scotland mobile even though such connectivity is officially a matter reserved for the UK Government. The…



Investors warm to £209m Energy Assets bid

Livingston-based smart metering firm Energy Assets Group said on Wednesday it agreed to an improved takeover offer of £209 million in cash from funds controlled by US asset manager Alinda Capital…


Greenock’s BPI agrees to be bought for £261m

The board of Greenock-based packaging firm British Polythene Industries (BPI) has agreed for the company to be bought by Northamptonshire-based plastics firm RPC Group for roughly £261…




Ireland-Scotland business network launched

A new organisation aimed at generating even more business between Scotland and Ireland has been created. The Irish Business Network in Scotland has been set up at a time when…


Sheila Rowan named Chief Scientific Adviser

Professor Sheila Rowan of the University of Glasgow has been named as Scotland’s next Chief Scientific Adviser. Rowan is director of the university’s Institute for Gravitational Research. Research…


Napier University in South Gyle expansion

Edinburgh Napier University has bought three landmark buildings totalling 107,255 square feet at South Gyle Crescent on the western edge of the Scottish capital. Royal…


Aggreko in talks for Amazon power deal

Glasgow-based mobile power provider Aggreko said its Power Solutions business has been selected to enter contract negotiations to provide more than 100 megawatts of diesel-fuelled power in the Amazon…


Takeover target Energy Assets’ revenue up 25%

Livingston-based industrial smart metering firm Energy Assets Group, which has agreed to be acquired for £198 million by funds controlled by US infrastructure asset manager Alinda Capital Partners, said on…







Scots firms raise £27m from crowdfunding

Scottish businesses raised £27 million from crowdfunding in the year to September 2015, according to The Scottish Crowdfunding Report 2016. There were 1,263 successful initiatives with the largest campaign raising…


Baillie Gifford launches new Japan fund

Edinburgh-based investment firm Baillie Gifford has added to its Japanese fund range with the launch of the Baillie Gifford Japanese Income Growth Fund. Baillie Gifford had…


RBS to end six nations rugby sponsorship

Royal Bank of Scotland said it will not continue as title sponsor of the Six Nations Championship when its current sponsorship deal runs out after the 2017 tournament….


Sigma shares up on 5,000-home Keepmoat deal

Shares of Edinburgh-based Sigma Capital Group rose about 5% as the rented housing developer announced a new strategic partnership with regeneration firm Keepmoat to deliver 5,000…



Goals Soccer share sale to raise £16.75m

East Kilbride-based Goals Soccer Centres said it has conditionally raised £16.75 million through a sale of 16.75 million new ordinary shares in the company for £1 each. The new shares would represent…






Trump plans Turnberry visit day after EU vote

US presidential candidate Donald Trump plans to visit Turnberry for the official re-opening of his Scottish golf resort on June 24, the day after the UK holds a referendum on its…


Stan Life fund buys Glasgow Art School halls

Standard Life Investments’ Long Lease Fund has paid £17.4 million for Blythswood House, a student accommodation development leased to Glasgow School of Art for 25 years. Blythswood House at 200…


Mundell seeks Texas lessons for North Sea

The UK Government’s Secretary of State for Scotland David Mundell on Wednesday travelled to Texas to build links with the US energy industry to help support the…


OECD: Brexit could cut UK GDP 5% by 2030

A United Kingdom vote to leave the European Union “would trigger negative economic effects on the UK, other European countries and the rest of the world”…


Board changes at Smart Metering Systems

Glasgow-based Smart Metering Systems (SMS) has appointed Macfarlane Group chairman Graeme Bissett as a non-executive director. Bissett will become chair of the SMS audit committee while Miriam Greenwood, who currently…


New chairman at Scottish Financial Enterprise

Jim Pettigrew of Clydesdale and Yorkshire Bank (CYBG) has been appointed chairman of Scottish Financial Enterprise (SFE) to succeed Ewan Brown who is retiring from the post after four years on…






Wolffe, Di Rollo set for top Scots law jobs

First Minister Nicola Sturgeon has recommended the appointment of James Wolffe QC and Alison Di Rollo as Scotland’s new law officers. Subject to approval by the Scottish…


Menzies in joint venture talks with Oman Air

Edinburgh-based logistics firm John Menzies has signed a memorandum of understanding with Oman Air for ground handling at Omani airports. Menzies said the announcement is a…


Inter Milan CEO joins Goals Soccer Centres board

Inter Milan chief executive Michael Bolingbroke is joining East Kilbride-based Goals Soccer Centres as senior independent non-executive director on June 13. Last week, Goals appointed casinos and pubs…




Rothschild merger approach to Alliance Trust

Dundee-based investment trust firm Alliance Trust has received an informal merger approach from the investment trust of British financier Jacob Rothschild to create a quoted…



FCA watchdog hires former funds chief Godfrey

The Financial Conduct Authority (FCA) has hired former Investment Association chief executive Daniel Godfrey as a consultant as it gets ready to produce a report on value for money…


Scottish Salmon Co. revenues up to £29.1m

The Scottish Salmon Company reported revenues of £29.1 million for the first quarter of 2016, up from £27.3 million in the same quarter last year. Operating profit,…



Casino boss Jones is new CEO at Goals Soccer

East Kilbride-based Goals Soccer Centres has appointed casinos and pubs executive Mark Jones as its new chief executive officer following a turbulent year in which its share…


Microsoft, Facebook build transatlantic cable

Microsoft and Facebook have agreed to build the highest-capacity subsea cable to ever cross the Atlantic — from Northern Virginia to Bilbao, Spain. “The new ‘MAREA’ cable will help meet the…



Scottish Natural Heritage appoints five women

Scotland’s environment secretary Roseanna Cunningham announced Scottish Natural Heritage’s (SNH) new-look board which includes five new female members. SNH said the appointments illustrate the organisation’s drive to meet…



Alliance Trust appoints ex-journalist to board

Dundee-based investment trust company Alliance Trust has appointed former journalist Clare Dobie as an independent non-executive director. The appointment follows a vow made in March by new…



Union calls for North Sea industry summit

Unite, Scotland’s biggest union, has called for a cross-sector oil and gas summit to “plan for the industry’s survival and growth” after Shell announced it will…


Big changes at Stan Life real estate funds

Edinburgh-based Standard Life Investments, one of Europe’s largest real estate investors managing about £18.2 billion of real estate-related assets, has announced some big changes to its…