Edinburgh-based tidal power company Atlantis Resources said it signed a strategic partnership agreement (SPA) with South Korean offshore construction giant Hyundai Engineering & Construction regarding global…
Glasgow-based international mobile power firm Aggreko announced a big change to its executive management team, with Nicolas Fournier, managing director of its Power Solutions division since November…
Advertising contributed £8.8 billion to Scottish gross domestic product (GDP) in 2015 — about 5.6% of the Scottish economy — according to a new report from Biggar…
Edinburgh-based John Menzies said on Friday its proposed deal to merge its Menzies Distribution division with mail delivery firm DX Group continued to “move forward positively” and…
Royal Bank of Scotland shareholders voted overwhelmingly to back the bank’s executive pay plan with more than 96% approving the proposals at the RBS annual…
The Scottish government said Scotland’s £1 billion forestry sector would in future be “fully accountable to Scottish ministers and the Scottish Parliament” as it prepared to introduce its Forestry…
Edinburgh-based pensions, investment and insurance firm Aegon UK said its earnings rose 45% to £31 million in the first quarter as combined assets in its “platform”…
Aberdeen-based oil and gas services giant Wood Group — currently in the process of buying rival firm Amec Foster Wheeler for about £2.2 billion — said on Wednesday its…
Standard Life and Aberdeen Asset Management expect to cut their combined workforce by up to 800 roles — nearly 9% of the companies’ combined payroll — within three years of their proposed merger, Standard…
Glasgow-based packaging firm Macfarlane Group on Tuesday published its annual general meeting statement covering 2017 to date, saying group sales had grown 11% compared to…
The first oil has begun to flow from the Shaw field, part of a major redevelopment of the Montrose Area in the Central North Sea about…
Dundee firm Exscientia, which specializes in artificial intelligence (AI)-driven drug discovery, said it agreed a strategic research collaboration and licence option agreement with Sanofi in the area of…
The Scotch Whisky Association (SWA) has published its manifesto for the UK General Election, urging politicians to support Scotch via measures including a fairer tax regime, ambitious trade deals…
Hurricane Energy said on Monday the amount of oil estimated to be recoverable from its Lancaster field west of Shetland is 162% higher than previously thought,…
Mining and commodities trading multinational Glencore said it appointed Aberdeen Asset Management CEO Martin Gilbert as an independent non-executive director of Glencore with immediate effect. Aberdeen Asset Management is…
Activist shareholder Gatemore Capital Management has written to the board of mail delivery firm DX Group threatening to block its reverse takeover deal with the distribution arm of…
The trade body for the UK oil and gas industry has warned UK prime minister Theresa May the industry’s cost of trade in goods could rise from £600…
Convention Edinburgh said the Scottish capital, the UK’s leading international meetings destination outside of London, made a “solid start” to 2017 with five new bid wins equating…
UPDATE 2 — Aberdeen Asset Management said its revenue increased to 10.6% to £534.9 million and underlying profit before tax increased 19.8% to £195.2 million in the six…
The National Farmers Union in Scotland has called on Scotland’s booming food and drink sector to address the growing imbalance between the profitability enjoyed by…
UPDATE 2 — Scotch whisky exports increased last year by 4% to more than £4 billion, with the value of single malt exports exceeding £1 billion for…
UPDATE 2 — Shares of Royal Bank of Scotland jumped 5% on Friday after it reported a first quarter attributable profit of £259 million, its first quarterly profit…
Royal Bank of Scotland has reached an out-of-court settlement with more shareholders who alleged the bank misled them during a £12 billion rights issue during the…
A record high in Scotland’s population has been driven by inward migration, according to data published by the National Records of Scotland (NRS). The latest…
UPDATE 1 — Glasgow-based international mobile power firm Aggreko said in a first quarter trading update that its outlook for 2017 remained unchanged and that it…
UPDATE 1 — Glasgow-based engineering giant Weir Group said its oil and gas orders rose 50% in the first quarter driven by significant growth in North…
Lloyds Banking Group (LBG) said it appointed retired High Court Judge Linda Dobbs as the independent legal expert to consider whether issues relating to the HBOS Reading…
Infrastructure projects worth almost £6.4 billion will be under construction throughout Scotland in 2017, the Scottish government said. Projects including the Forth Valley College Falkirk Campus,…
UPDATE 1 — Newcastle and Edinburgh-based challenger bank Virgin Money insisted it had maintained a “strong focus on asset quality” as its credit card balances grew about 8% to £2.7…
Scottish Equity Partners (SEP) said it led a £26 million investment into LoveCrafts, the creator of online crafts communities with millions of users worldwide. Existing…
UPDATE 1 — Perth-based transport giant Stagecoach Group and Virgin Group announced they are joining forces with French high speed rail operator SNCF to bid for the…
UPDATE 1 — Two thirds of small employers in Scotland with EU workers are concerned about future skills shortages, according to new research from the…
UPDATE 1 — Glasgow-based media company STV Group said its CEO Rob Woodward “will stand down from his position and from the board within 12 months.” STV’s…
Workloads for small and medium firms (SMEs) in Scottish construction rose faster in the first quarter of 2017 than at any time since the 2007 financial…
The Auditor General for Scotland, Caroline Gardner, has sent a report to the Scottish Parliament on the “financial sustainability” of three colleges — Edinburgh College,…
Shares of East Kilbride-based Goals Soccer Centres rose about 6% after it confirmed it was in “preliminary discussions” about a merger with rival firm Powerleague. “The board…
The economic value of golf tourism and events to Scotland has increased to £286 million a year, according to a study commissioned by VisitScotland and Scottish…
Scotmid Co-operative said it made a trading profit of £5.3 million for the year ended January 28 – down from £5.7 million in same period…
An estimated 530,000 jobs in Scotland depend on demand for Scotland’s goods and services from the rest of the UK, according to research by the University of Strathclyde’s Fraser…
Aberdeen Asset Management CEO Martin Gilbert said in an interview that bigger distribution in the United States would be a key ambiton of the combined Standard Life-Aberdeen…
The UK government said it agreed to sell its Edinburgh-based UK Green Investment Bank (GIB) to Macquarie Group of Australia for a total of £2.3 billion. The…
Edinburgh-based industrial testing firm Exova Group has agreed to a £620 million cash takeover offer from Element Materials Technology Group, the companies said on Wednesday. Element is…
Scotch and spirits firm William Grant & Sons said it acquired Hudson Valley, New York-based Tuthilltown Spirits to expand its reach into craft American whiskey distilling for the first…
UK chancellor Philip Hammond has conceded that the British government may be forced to sell the UK taxpayer’s stake in Royal Bank of Scotland (RBS) at a loss….
UK Prime Minister Theresa May has announced plans to call a snap general election on June 8 — having decided she needs to win support for…
Scottish food and drink exports to Asia grew by £72 million or 7% in 2016 to just over £1 billion, the Scottish Government said. Latest statistics…
Perth-based transport giant Stagecoach Group announced new orders for 340 buses worth £70 million — with Falkirk-based coach maker Alexander Dennis and its subsidiary Plaxton getting…
Scotland’s official unemployment level fell by 15,000 in the most recent quarter to 123,000, with the rate down 0.5 percentage points to 4.5% — below the…
CYBG, owner of Clydesdale and Yorkshire Banks, said it will make a minimum of £6 billion of lending available from 2017 to 2019 to help fuel…
UK Business Secretary Greg Clark announced £29 million of funding for the University of Edinburgh’s Roslin Institute — birthplace of Dolly the Sheep, the first mammal to…
UPDATE 2 — ShareSoc, the UK Individual Shareholders Society, recommended that investors vote against the re-election of Royal Bank of Scotland chairman Howard Davies at the bank’s…
Strong growth in international flights helped Edinburgh and Glasgow airports to their busiest March ever last month. Edinburgh Airport said it had more than 956,000 passengers last…
Extending the Borders railway to Carlisle will be one of the options considered by a new study looking at improving transport provision in the south of…
A downturn in Scotland’s big services sector offset strong manufacturing production growth in March as the Bank of Scotland Regional Purchasing Managers’ Index (PMI) report showed Scotland’s…
Aberdeenshire-based craft beer company BrewDog said San Francisco private equity firm TSG Consumer Partners acquired 22% of BrewDog in a transaction that values BrewDog at roughly £1 billion. According to…
Highlands and Islands Airports Ltd (HIAL) recorded a 15.4% increase in passenger numbers — reaching a record breaking 1,658,423 customers — at its 11 airports…
Baillie Gifford’s flagship £5 billion fund, the Scottish Mortgage Investment Trust plc — which recently entered the FTSE 100 index for the first time in its…
Hurricane Energy said on Friday it tripled its estimate of recoverable oil from its Lancaster field in the North Sea. The announcement came a few days after Hurricane announced…
Lloyds Banking Group said it expects compensation for “economic losses, distress and inconvenience” related to the HBoS Reading scandal will be about £100 million and that a provision for that…
Local authorities in Scotland made a £40.3 million profit on £79.3 million of income from their car parking charges and penalties in 2015-16, according to research by the…
Marriott International plans to open seven new hotels in Scotland over the next four years “due to their confidence in Scotland’s strong economy and tourism sectors,”…
Shares of Aberdeen-based oil and gas services company Wood Group rose after it said its expected annual cost synergies from its proposed £2.2 billion deal…
Scottish gross domestic product (GDP) grew 0.4% over the year of 2016 but contracted 0.2% in the fourth quarter compared to the previous three months, according to Scotland’s…
Edinburgh-based venture capital firm Par Equity is to open its first US office in San Francisco and launch a $125 million fund, First Minister Nicola Sturgeon…
BT said it signed a new power purchase agreement (PPA) worth £185 million over 15 years with the Stroupster Wind Farm in Caithness, Scotland, which is…
Aberdeen-based independent oil and gas firm Parkmead said it nearly doubled its stake in the major Sanda North and Sanda South structures in the West of…
Edinburgh-based oil and gas firm Bowleven said on Tuesday it concluded its strategic review and it “is not in active discussions with any third party in relation…
The European Commission said on Tuesday it opened an “in-depth investigation” to assess whether an alternative package proposed by UK authorities “is an appropriate replacement for…
Wind turbines in Scotland set a new March record for the total amount of power sent to the UK National Grid since records began, according…
Edinburgh-based oil and gas firm Bowleven said on Monday that Eli Chahin — a nominee of activist investors Crown Ocean Capital — has been appointed acting…