Edinburgh-based Tesco Bank said it appointed former Royal Bank of Scotland executive Declan Hourican to the position of chief financial officer (CFO). Hourican will take up the…

News publisher Johnston Press, owner of The Scotsman, said it has continued to increase readers of the i newspaper since it was acquired in April 2016…

Standard & Poor’s (S&P) said it has lowered its long-term credit rating on Wheatley Housing Group, Scotland’s biggest social landlord, because the narrow UK vote to…

Shares of Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, rose again after it said it enjoyed “a third consecutive year of record sales…

Shares of Edinburgh-based Standard Life have fallen about 13% so far this week after its fund management business Standard Life Investments suspended trading in its £2.9 billion UK Real Estate Fund…

A spin-out company launched six years ago by the University of Glasgow has been bought by California-based software giant Synopsys. Gold Standard Simulations Ltd (GSS) was…

Scottish investment writing, copywriting and marketing communications company Copylab is to launch a new business in Asia with office openings in Hong Kong and Singapore. Copylab Asia…

Standard Life’s fast-growing financial planning business 1825 said it will make its fifth acquisition through buying Crewe-based Jones Sheridan, which has assets under advice of £350 million. The deal will establish 1825’s…

The sale of the UK taxpayer’s remaining 73% stake in Royal Bank of Scotland is likely to be delayed by “at least a couple of years” said RBS chief executive…

Edinburgh-based aviation logistics and news distribution company John Menzies is facing a new demand from investors to split the firm in two, according to Reuters. The fresh demands…

A plan to create a new independent stock exchange for Scotland has been launched. A website for the planned exchange said Edinburgh-based SCOTEX will be “a…

The Scottish Fishermen’s Federation (SFF) has outlined its opposition to Scotland remaining in the European Union despite the vow by First Minister Nicola Sturgeon to “protect…

Shares of North Sea exploration firm EnQuest rose about 5% after it announced encouraging results fom its Central North Sea drilling programme.  Neil McCulloch, EnQuest’s president, North…

Aberdeen-based oil and gas services giant Wood Group said it was sticking to the guidance of full year 2016 earnings before interest, taxes and amortization (EBITA) of…

Glasgow-based engineering firm Weir Group said chief operating officer Dean Jenkins would step down from its board on September 30 and his employment with the group will cease on December 31….

The UK government is extending the bid deadline for the £4 billion sale of its Edinburgh-based UK Green Investment Bank by almost two months because potential buyers…

The first annual receipts for Scotland’s new Land and Buildings Transaction Tax and Scottish Landfill Tax showed £572 million was collected in 2015-16 — about…

Lothian Buses — 91% owned by the City of Edinburgh Council — saw revenue rise 5.3% to £142 million in 2015 and net profit fall to £6.4 million from…

Investment bank JP Morgan said on Wednesday it expects Scotland to vote for independence and introduce its own currency before the UK leaves the European Union in…

Perth-based rail and bus giant Stagecoach Group said its revenue for the year to April rose more than 20% to £3.8 billion and profit before tax excluding exceptional items rose £2.4 million…

First Minister Nicola Sturgeon said she will make an initial visit to Brussels on Wednesday to set out Scotland’s position on remaining in the European…

The Financial Reporting Council (FRC) said it has started an investigation into the conduct of KPMG Audit Plc’s audit of HBOS for the year ended December…

First Minister Nicola Sturgeon has formed a Standing Council on Europe — a group of legal, financial, business and diplomatic experts — to advise the Scottish…

Royal Bank of Scotland chief executive Ross McEwan sent a memo to the company’s 90,000 staff to try and ease their concerns amid a calamitous drop in the…

Aberdeen-based energy services giant Wood Group said it won a multimillion dollar contract to provide engineering and design and procurement services to South Atlantic Holding, owned…

Perth-based bus and rail giant Stagecoach Group said it would propose former National Express executive Ray O’Toole for election as a non-executive director of the company at its annual general…

UK finance minister George Osborne tried to calm financial markets on Monday morning following the turmoil that greeted Britain’s narrow vote to leave the EU — but the…

The share prices of many of Scotland most important public traded companies have plummeted since Friday morning when it became clear the UK had voted narrowly to…

First Minister Nicola Sturgeon said talks will take place with EU institutions and member states to “protect Scotland’s place in Europe” after Scotland voted in favour of…

First Minister Nicola Sturgeon said a second Scottish independence referendum was now “highly likely” after Scotland voted in favour of remaining in the EU by 62% to…

Scotch Whisky Association (SWA) chief executive David Frost said the £5 billion industry had “serious issues to resolve” now that the UK had voted to leave the EU…

Edinburgh-based Business Stream, a subsidiary of state-owned Scottish Water, said it bought the non-domestic customer base of Southern Water to strengthen its position as it prepares to…

Royal Bank of Scotland has received bids for its Greek ship finance business — with Credit Suisse and China Merchants among the suitors — according to Reuters. Experts…

Glasgow-based engineering firm Weir Group said it is selling two renewables focused businesses — American Hydro Corporation and Ynfiniti Engineering Services — for up to £36.7 million….

Falkirk-based bus maker Alexander Dennis enjoyed a 20% increase in sales to £602 million and a £10 million increase in profit before tax to £23 million in the…

Energy services company Subsea 7 said it will cut 1,200 jobs — including several hundred in the Aberdeen area — after being forced into a second…

Glasgow-based Smart Metering Systems (SMS) said it signed a “framework agreement” with First Utility as its “preferred domestic smart meter asset provider.” First Utility currently supplies energy to…

A new wind farm in Dumfries and Galloway has signed a 15-year deal to provide power for about half of Nestlé’s operations in the UK &…

Scotland’s local authorities have set a net revenue expenditure budget of £11.724 billion for spending on all services in 2016-17, the Scottish Government said. That is £153 million…

Scottish tourist attractions have recorded a 3% rise in visitors, the fourth consecutive year of growth, the Scottish Government said. Association of Scottish Visitor Attractions…

Professor Timothy O’Shea, principal and vice-chancellor of the University of Edinburgh, has announced his intention to step down from his role in September 2017. O’Shea took…

Edinburgh-based Standard Life said its Indian joint venture HDFC Standard Life has started merger talks with Max Life Insurance Company Limited and Max Financial Services Limited. Such…

Edinburgh-based fund manager Standard Life Investments has launched an American Equity Income fund to UK-based retail investors. The fund will be run out of the firm’s…

North Sea exploration firm EnQuest has denied it is in any “company-specific discussions” with the UK Oil and Gas Authority (OGA) over contingency plans to tackle the risk…

Tesco said it sold Midlothian-based Dobbies Garden Centres to an investor group led by Midlothian Capital Partners and Hattington Capital for £217 million in cash….

Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited’s (EESL) Aberdeen-based fabrication and manufacturing business following the announcement on May 26 that EESL…

The University of Dundee supports more than £740 million of turnover in businesses in Scotland, according to an economic and social impact study carried out by…

The average FTSE 100 company’s defined benefits pension scheme saw its asset allocation to bonds increase to 61% in the year to December 31, 2015, according to recent research by Jardine…

Aberdeen-based transport giant FirstGroup said it will make a joint venture bid for the South Western rail franchise with MTR Corporation (UK), following the assent of…

Shares of Aberdeen-based Faroe Petroleum, the independent oil and gas company, rose more than 5% after it announced an oil and gas discovery in the Faroe-operated…

The Scottish Government said £2.025 billion of council tax — 95.7 % of the bills issued — was collected in Scotland in the year to March 31, 2016. That brings…

There is a “high probability” that output and growth in the Scottish economy would be damaged if Britain left the EU, according to the latest economic…

Unemployment fell by 11,000 to 160,000 in Scotland over the last quarter, according to the UK Office for National Statistics (ONS). Scotland’s jobless rate is now…

Shares of Aberdeen-based bus and rail gaint FirstGroup rose at least 9% after it said its statutory profit before tax rose 7.3% to £113.5 million despite revenue…

Microsoft said it will acquire professional network LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion. The deal would give Microsoft access to LinkedIn’s 433…

New York and Edinburgh-based fantasy sports operator FanDuel is in early-stage talks to merge with rival DraftKings, according to news reports. Bloomberg reported that investors in DraftKings and…

A report by the UK music industry said £295 million was generated for the Scottish economy from music tourism in 2015. The UK Music report…

The North Sea basin has a “two year transformation window” in which to ensure a strong, productive and profitable future for the oil and gas…

Scotland’s seven cities require a “New Deal” with the Scottish and UK Governments that “will enable them to compete, innovate and support the inclusive growth outcome at the…

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…

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…

Jobs supported by the UK’s offshore oil and gas industry will have fallen by the end of 2016 by an estimated 120,000 since their peak…

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…

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…

There was enough sunshine in May in Scotland to generate 100% of electricity required by an average household fitted with solar PV panels in Aberdeen, Dundee,…

The new £1.35 billion bridge across the Firth of Forth will now open in May next year — not December 2016 as expected –the Scottish government…

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…

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…

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…

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…