The outgoing head of the UK Treasury told the Financial Times in an interview that Chancellor George Osborne will have to consider selling the taxpayer’s remaining 73% stake…

Standard Life wants to buy Elevate, Axa’s platform for helping independent financial advisers manage clients’ investments, according to Bloomberg News. Axa, France’s largest insurer, is…

A lawyer acting for Grand Theft Auto computer game developer Leslie Benzies — the Scot who is suing his former firm for what he alleges are $150…

Newly independent Clydesdale and Yorkshire Bank (CYBG) is to close 26 bank branches — nine Clydesdale and 17 Yorkshire — to  “reflect the changing needs…

Aberdeen Asset Management chief executive Martin Gilbert has told Fund Strategy that “I’ve got a few more years in me” as the boss at the fund…

Mull-based Inverlussa Marine Services, in a joint venture with Mainprize Offshore Ltd, has won a multi million pound contract to provide offshore support during construction of…

Premier Oil said on Wednesday that first oil from the Solan field west of Shetland was produced on April 12 — but also announced yet another delay to the…

A British exit from the European Union could pose major challenges for both the United Kingdom and the rest of Europe, said the International Monetary Fund…

The Financial Conduct Authority (FCA) has censured former Royal Bank of Scotland Libor submitter Paul White and banned him from performing any function in relation to…

Edinburgh-based tidal power company Atlantis has agreed to sell a minority stake in its Tidal Power Scotland Ltd (TPSL) company to Belgian firm DEME. DEME…

University of Glasgow said it has taken possession of the city’s former Western Infirmary site in a milestone that will enable the proposed £1 billion investment in the…

Tesco is drawing up plans to sell loss-making businesses including Midlothian-based Dobbies Garden Centres in order to focus on core operations, according to Sky News. Sky News said…

A 37.6% increase in international passenger numbers helped Edinburgh Airport have its busiest March ever. International passenger soared from 358,450 in March last year to 493,200 last…

Perth-based transport giant Stagecoach Group on Monday announced new vehicle orders worth £97 million. A new fleet of 480 vehicles, many equipped with free wifi, will…

The latest data from Bank of Scotland showed a sharper deterioration in business conditions in Scotland’s private sector in March. Output declined and staffing levels continued…

Goldman Sachs-backed pension buyout specialist Rothesay Life has agreed to buy £6 billion of annuities from Scottish Equitable plc, the UK subsidiary of Dutch insurance and investment giant Aegon…

Glasgow-based brewery and restaurant entrepreneur Petra Wetzel has launched an investment fund called West Women to provide seed capital and financial assistance to emerging female…

Glasgow-based private equity firm Maven has led the management buyout (MBO) of Westfield Medical, a provider of sterilisation products to the healthcare and industrial sectors. The…

Livingston-based prosthetic technologies firm Touch Bionics has been bought for £27.5 million by Icelandic company Össur. Touch Bionics has more than 120 employees at its operations in Scotland,…

Royal Bank of Scotland said on Monday its tender offer to buy back roughly £5.2 billion of bonds to lower its interest payments and meet regulatory…

Scottish Government officials have written to all local authorities in Scotland asking them to carry out any necessary checks on the safety of their school buildings…

The UK Treasury said Sam Woods has been appointed chief executive of the Prudential Regulation Authority and deputy governor of the Bank of England — the UK’s…

Scotland’s public sector should have a target of directing 10% of its spending power towards firms with fewer than 10 employees, said the Federation of Small Businesses…

Aberdeen-based oil and gas services giant Wood Group has made its second acquisition this week by buying Houston, Texas-based Ingenious Inc., a supplier of software…

The University of Glasgow has signed a Memorandum of Understanding (MOU) with the Smithsonian Institution in Washington DC to formalise a relationship that goes back more than…

2015 was a strong year for estate sales in Perthshire and Angus and demand from potential buyers has continued into 2016, according to CKD Galbraith. “Estates…

Bellshill-based Wireless Infrastructure Group (WIG ) has announced a £75 million investment from 3i Infrastructure that values WIG at £300 million. WIG builds and operates communication towers…

Edinburgh-based beer company Innis & Gunn is buying Perth-based Inveralmond Brewery with the acquisition entirely funded by £3.1 million of capital raised through the Innis & Gunn BeerBond…

The World Trade Organization reported on Thursday that growth in the volume of world trade is expected to remain sluggish at 2.8% in 2016, unchanged from…

Maersk Oil said on Thursday that fabrication of the billion dollar “topsides” for platforms on its $4.5 billion UK North Sea megaproject Culzean has begun….

The annual Football Distress Report by corporate recovery experts Begbies Traynor has found that despite “meagre” television contracts north of the border, just one out…

Gross expenditure on research and development (GERD) in Scotland was £2.22 billion in 2014, down 0.6% on 2013, according to Scotland’s chief statistician. The gap in GERD as a percentage of…

Scottish GDP grew by 0.2% during the fourth quarter of 2015, according to statistics announced today by Scotland’s chief statistician. The latest Gross Domestic Product…

The Investment Association (IA) — the trade group for the UK fund management industry — said it appointed Chris Cummings as chief executive. Cummings joins the IA, whose members…

Rosyth-based Parsons Peebles Group, a Clyde Blowers Capital company, said it acquired Reading-based Taylor & Goodman, a fast-growing provider of electromechanical services to the water sector. The acquisition…

Standard Life’s financial planning business 1825 said it will establish a London regional office by buying Baigrie Davies, its third acquisition in the last three weeks. Baigrie…

Edinburgh Council has sold its prestigious Atria office development in the heart of the capital’s financial district for £105 million to Deka Immobilien, a real estate…

Aberdeen-based oil and gas services giant Wood Group said it acquired SVT Engineering Consultants (SVT) based in Perth, Australia in what it desribed as a “significant step…

Glasgow-based packaging firm Macfarlane Group said it acquired Colton Packaging Teesside as part of its strategy “to develop its packaging distribution business in the UK protective packaging…

Edinburgh-based tidal power company Atlantis said it has entered into a partnership agreement with Equitix, an infrastructure developer, investor and fund manager with more than £1.7 billion of funds…

Motherwell-based engineering group MB Aerospace has completed the acquisition of Centrax Turbine Components based in Devon, England. It is the first acquisition for MB Aerospace following…

Opposition party leaders are asking why an agreement signed two weeks ago between Scotland and China that could lead to £10 billion of infrastructure investments was not immediately…

Aberdeen-based oil and gas services giant Wood Group has been awarded a two year contract extension with TAQA in the North Sea. Under the contract,…

Perth-based energy giant SSE said it closed a deal to transfer its 80% ownership stake in the Machrihanish-based Wind Towers Scotland (WTS) factory to CS Wind,…

Growth in Scotland slowed during the first quarter of this year, according to the first Royal Bank of Scotland Business Monitor. The research for the monitor,…

Scotland’s digital technologies industry enjoyed strong growth in 2015 and confidence remains high for the year ahead, according to new research by trade body ScotlandIS. But…

Royal London said on Thursday its 2015 operating profit rose 11% to £244 million, lifted by a steep rise in new business. The UK’s largest mutual life, pensions and…

A study by BiGGAR Economics has found that Edinburgh Airport contributes nearly £1 billion to the Scottish economy every year and supports more than 23,000 jobs. The…

Royal Bank of Scotland announced plans on Wednesday to buy back £5.2 billion pounds ($7.5 billion) worth of bonds to lower its interest payments and meet regulatory…

The European Investment Bank (EIB) said it has agreed to provide £500 million to support a major expansion of the electricity transmission network in the north…

MJ Boyd Consulting, a Manhattan-based recruitment firm owned and run by Scots, has become one of the leading boutique recruitment firms for the financial sector in…

Scottish investment writing, copywriting and marketing communications company Copylab is to expand internationally by opening an office in Boston, Massachusetts to serve the asset management industry in…

Ineos has announced that a second manufacturing unit at its Grangemouth KG ethylene plant has been brought back to life eight years after being mothballed. Ineos said it…

Edinburgh-based investment and insurance giant Standard Life has appointed former American Express and McKinsey executive Lan Tu as its strategy director. She will report directly to…

Plans to redevelop the John Brown shipyard in Clydebank and create a new “civic heart” for the area have been given the go ahead by West Dunbartonshire…

Salmon farming and seafood company Marine Harvest Scotland has chosen the Altanavaig quarry at Kyleakin on Skye as its preferred site for a new £80 million fish feed plant…

The Bank of England’s Financial Policy Committee (FPC) has warned that “heightened and prolonged uncertainty” over the June 23 EU referendum “could lead to a…

Cumbernauld-based Irn Bru maker A.G. Barr on Tuesday unveiled the moves it is making to protect its profits following UK finance minister George Osborne’s announcement of a proposed…

Royal Dutch Shell is considering the sale of some of its North Sea operations following its £35 billion takeover of rival oil and gas producer BG Group. Shell has…

Aberdeen Asset Management chief executive Martin Gilbert told Reuters in an interview he plans to remain in the top job for at least five more years…

Perth-based energy giant SSE has warned it may face increased risk to its investment outlook if the EU referendum results in “a prolonged period of…

A BDO survey of independent Scottish legal firms found 69% of respondents believe there are still too many law firms and lawyers in Scotland —…

The Scottish Government has granted consent for the construction and operation of a gas fired combined heat and power (CHP) plant at BP Kinneil Terminal in…

Dublin-based renewable energy firm NTR said it secured a £44.9 million debt facility with Royal Bank of Scotland for its 27 megawatt Quixwood Moor wind farm in East Berwickshire, Scotland….

Global banking and financial services giant HSBC Holdings said it appointed former Standard Life chief executive David Nish, 55, to its board as an independent non-executive…

UK Culture Minister Ed Vaizey has placed a temporary export bar on a two-part bronze seal commissioned by Robert the Bruce, King of Scotland, to…

The incomes of commercial farms in Scotland are estimated to have halved over the four years to 2014, according to the Scottish Government. Estimates from…

The SNP Scottish Government has said that if re-elected in May it would not to follow UK Chancellor George Osborne’s plans to increase the threshold…

Edinburgh-based investment, pensions and insurance group Standard Life is to hold its annual general meeting outside of Scotland for the first time in its history. This year’s Standard…