News


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…












Abrdn private equity boss Redman leaves

Edinburgh investment giant Abrdn has announced that Mark Redman, its global head of private equity, has left the company “to pursue other opportunities.” Abrdn refuted speculation…









Scotgold announces big board changes

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, has announced big changes to its board. Scotgold said Sean Duffy, 52, joins the firm…


Scotland’s GDP grew 6.9% in 2021

Scotland’s Chief Statistician has released statistics showing Scotland’s gross domestic product (GDP) grew 6.9% in 2021 compared to 2020. Equivalent UK growth over the year…


Abrdn shareholders OK interactive investor deal

Edinburgh-based investment giant Abrdn announced on Tuesday afternoon that 80% of its shareholders approved the resolution put to its General Meeting to acquire Manchester-based investment…


BrewDog founder says court cases under way

James Watt, co-founder of Aberdeenshire-based craft brewing firm BrewDog, has hit back in a LinkedIn posting at the most recent allegations against his company. In…


London Stock Exchange enters private markets

The London Stock Exchange Group (LSEG) on Tuesday announced a strategic investment and long-term partnership with digital private asset platform Floww to enter the growing…