News







Abrdn invests £75m for Phoenix in LSE

Abrdn has invested £75 million in a sustainable private placement on behalf of its strategic partner Phoenix Group in The London School of Economics and…




Circularity Capital’s second fund raises €215m

Edinburgh-based Circularity Capital, the “circular economy” European growth investor, has announced the oversubscribed final close of its second fund at €215 million. The firm said Circularity…


Business Bank hires McCulloch for Scotland

The British Business Bank has appointed a new Scottish representative to its UK Network team, with senior manager Barry McCulloch spearheading the bank’s presence north…













Stewart Milne retires, puts firm up for sale

Stewart Milne Group announced it is embarking on a sale process of its housebuilding business following the decision of founder, principal shareholder and chairman Stewart Milne…





SSE buys €580m Siemens Gamesa wind business

SSE Renewables announced it entered an agreement with Siemens Gamesa Renewable Energy (SGRE) to acquire its existing European renewable energy development platform for €580 million….



Scottish health boards hire 1,200 new staff

The Scottish Government said that health boards in Scotland have recruited more than 1,000 new healthcare support staff and almost 200 registered nurses from overseas…




L&G buy-in with Gordonstoun Retirement Scheme

Legal & General Assurance Society Limited announced it agreed a £6.6 million full-scheme buy-in with Gordonstoun School Retirement Benefits Scheme, securing benefits for around 30…







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,…