News



Parsley Box CEO buys shares; stake tops 13%

Kevin Dorren, CEO of Edinburgh-based ready meals firm Parsley Box Group plc, has bought another 320,000 shares of the company to take his holding in Parsley Box to…


Weir secures $800m credit facility with banks

Glasgow-based global engineering and mining giant Weir Group announced it successfully completed the refinancing of its main banking facility with a syndicate of 11 global banks. The…


Two US trade and investment envoys appointed

The Scottish Government announced that two new volunteer trade and investment envoys, based in California, have been appointed to promote Scotland’s business interests to American…



AAB appoints five new partners

Aberdeen-based accountants and business advisors Anderson Anderson & Brown (AAB) has strengthened its leadership team across the UK with five new partners. Four of the new…


Linlithgow’s Calnex buys iTrinegy of Stevenage

Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc on Tuesday announced the acquisition of Stevenage-based iTrinegy Limited, a developer of “software defined test networks technology for…


Parsley Box revenue rises 4% to £25.5m

Edinburgh-based ready meals firm Parsley Box Group plc has reported results for its first “very challenging” year as a listed company — showing revenue increased 4%…



Wood shares up 13% as investigation ends

Shares of Aberdeen-based engineering giant John Wood Group plc rose about 13% on Monday after it said an external investigation into a legacy Amec Foster Wheeler…



Weir buys Canada’s Carriere Industrial Supply

Glasgow-based global engineering and mining giant Weir Group announced it has completed the acquisition of Carriere Industrial Supply Limited (CIS), a manufacturer and distributor of highly engineered…





Scots economy boss steps down; IoD exec fills in

The Scottish Government announced that Louise Macdonald has been appointed “interim Director-General (DG) Economy” to lead delivery of the “National Strategy for Economic Transformation.” Macdonald,…


Scotgold agrees loans from Swiss wealth firm

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, announced on Thursday it entered into an agreement with Fern Wealth GmbH of Switzerland to arrange…




Hot Scots fintech sector facing talent shortage

A shortage of talent could hamper start-ups in Scotland’s booming financial technology sector, according to senior fintech experts who spoke to the latest Core-Asset Consulting Annual…




Emtelle, Hawick Fibre Firm, in US expansion

Hawick-based Emtelle Group, a global manufacturer of “pre-connectorised blown fibre, cabling and ducted solutions,” has announced it will expand into North America for the first time by opening…


Iomart shares up 11% on trading statement

Shares of Glasgow-based cloud computing firm Iomart Group rose about 11% on Tuesday after it published its pre-close trading statement for the year ended March 31,…




Beeks Financial to sell new shares in fundraising

Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, announced its intention to conduct a fundraising to raise gross proceeds of…







Scotland’s growth forecast revised down

The latest Deloitte-sponsored quarterly economic commentary from the Fraser of Allander Institute (FAI) at the University of Strathclyde said that Scotland’s growth forecast for 2022 has…




Menzies board accepts £571m Kuwait takeover

The board of Edinburgh-based airport logistics giant John Menzies said on Wednesday it will recommend that shareholders accept a £571 million cash takeover offer from Kuwait-based…


Scottish Investment Trust HQ sale imminent

The board of The Scottish Investment Trust plc announced on Tuesday that its proposed scheme of reconstruction and combination with JPMorgan Global Growth & Income plc…















Royal Mail Edinburgh sorting warehouse sold

Real estate giant Hines has sold the Royal Mail sorting warehouse at Edinburgh’s Sighthill Industrial Estate to ICG Real Estate for an undisclosed price. The 215,745 square-foot…




Beeks Financial shares soar amid contract win

Shares of Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, rose about 13% on Thursday after it announced the…


Glasgow’s Iomart in cyber security pivot

Glasgow-based cloud computing firm Iomart Group has announced a new partnership with Oxfordshire-based cyber security specialists e2e-assure. “The agreement combines iomart’s cloud infrastructure expertise with…