‘Two year window’ to save North Sea – PwC
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…
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…
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…
RIT Capital Partners, the investment trust chaired by Lord Rothschild, said on Tuesday it will not, after all, make a takeover offer for Dundee-based investment trust…
The value of residential house sales in Scotland from 2006 to 2016 was £148.2 billion, according to a new report published by Registers of Scotland (RoS)….
Glasgow-based cloud computing firm iomart group said its revenue grew 16% to £76.3 million in the year to March 31 and adjusted profit before tax…
Scotland faces a third consecutive year of slowing GDP growth and the poorest year for economic growth since 2012, according to the latest report from the EY…
Edinburgh Trams said it carried 5.38 million passengers in its second 12 months of operation, an increase of 9.3% on the previous year, when 4.92 passengers…
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…
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…
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….
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…
US presidential candidate Donald Trump has brought forward the date of his planned visit to Turnberry for the official re-opening of his Scottish golf resort to…
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…
Almost all oil and gas operations in the UK North Sea are up for sale, according to an expert at Edinburgh-based global energy consultants Wood Mackenzie….
Glasgow-based media company STV Group announced on Thursday that Genevieve Shore had resigned from its board. “Genevieve joined STV in March 2012 and the board would…
Edinburgh-based Business Stream, a subsidiary of state-owned Scottish Water, said it has applied to regulator Ofwat for a supply licence to participate in England’s non-domestic water…
A new newspaper called “24” that hopes to be “The North’s National” — aimed mainly at readers in north west England and south west Scotland — will…
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…
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…
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…
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”…
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…
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…
State-owned ferry company Caledonian MacBrayne said on Wednesday that almost half of its 200-mile long network is now live with free wi-fi — and the rest…
Müller Milk & Ingredients has confirmed it will close its dairies in East Kilbride and Aberdeen — with up to 225 jobs being lost — and invest…
Real estate and investment firm JLL has been instructed to source offers of interest to develop a hotel for Scottish Rugby on land near the entrance to…
Passenger numbers for the new Borders Railway between Edinburgh Waverley and Tweedbank near Melrose have exceeded original estimates by almost a quarter in the first…
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…
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 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…
RIT Capital Partners, the investment trust chaired by Lord Rothschild, said it has until June 27 to announce whether it will make a firm offer for Dundee-based…
The Scottish newspaper industry is worth up to £1 billion a year to the Scottish economy, according to an economic impact survey. Carried out by Edinburgh-based…
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…
Retail billionaire Philip Day may diversify his Edinburgh Woollen Mill group by making a bid for Dobbies Garden Centres after Tesco put the chain up for…
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…
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,…
Edinburgh-based tidal power company Atlantis Resources said it generated a maiden profit of £2.1 million in the year to December 31, largely as a result of…
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 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…
The Scottish Parliament has voted by 106 to 8 to back the campaign for Scotland and the UK to remain part of the EU. The Scottish…
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…
Edinburgh’s status as a World Heritage Site is worth between £1.2 billion and £1.4 billion, claims a new report. The Edinburgh World Heritage group said…
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…
The future of the North Sea oil and gas industry could hang in the balance if no further investment materialises, according to a new report by Edinburgh-based…
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…
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…
The chairman of Scottish Land & Estates said landowners in Scotland need to go “the extra mile to show they are part of the fabric of…
Facebook has bought Edinburgh-based audio tech firm Two Big Ears for an undisclosed sum. “Two Big Ears has revolutionized how humans hear sound with software,” said…
EY’s global investment monitor showed the number of foreign direct investment (FDI) projects into Scotland in 2015 increased to 119 investments, an increase of 51% on 2014….
Shares in newly independent Clydesdale and Yorkshire Bank (CYBG) rose almost 4% on Tuesday after its first set of results since demerging from National Australia Bank (NAB)…
Dutch insurance and investment giant Aegon, which has UK operations based in Edinburgh, has announced the sale of £3 billion of annuity liabilities to Legal…
The £2.6 billion Beatrice Offshore Windfarm project in Scotland’s Outer Moray Firth has been given the green light for construction by owners SSE, Copenhagen Infrastructure Partners and…
Scotch Whisky producers on Monday urged new MSPs and the Scottish Government to make sure that Scotland is at least as competitive as the rest of the UK —…
Aberdeen Asset Management has resisted interest from competitors in Europe and Australia who want to buy the asset manager and plans to remain independent, chief executive officer Martin…
Edinburgh-based aviation services and news distribution firm John Menzies — under shareholder pressure to split into two separate companies in aviation and distribution — said on…
Figures released on Friday showed a mixed performance by the Scottish tourism industry in 2015 compared to the highs of 2014 — but total tourist spending still rose 5% to almost…
The Open Championship will no longer include East Lothian links golf club Muirfield on its rota of courses after the club voted to continue its policy of not accepting…
Five Scottish local authorities have signed a £700 million partnership deal with recycling and waste management company Viridor. The 25-year agreement will “divert waste from landfill by…