News


IndigoVision revenue rises 9% to $46m

Edinburgh-based video security company IndigoVision said on Thursday its 2018 revenue rose 9% to $46 million and its operating loss narrowed to $0.6 million from…







Alliance Trust trails index but lifts dividend

Dundee-based investment firm Alliance Trust, which appointed external asset managers Willis Towers Watson (WTW) in April 2017, said on Friday it underperformed its benchmark in 2018….









Profit up 97% at new town builder Springfield

Elgin-based housebuilder Springfield Properties, which is building a number of new towns and villages throughout Scotland, said on Tuesday its first-half revenue increased 38% to…





£42.5bn Scots budget approved by Parliament

The Scottish Parliament has approved the 2019-20 Scottish Budget which the Scottish Government said provides £42.5 billion of investment in the economy and public services….














Assets top £158bn at Edinburgh’s Aegon UK

Edinburgh-based Aegon UK — which last year apologised for big problems in the migration of Cofunds clients to Aegon — said on Thursday “significant strides” had…



Aberdeen Standard, Investec in Gulf joint venture

Bahrain-based private equity firm Investcorp and Edinburgh-based investment giant Aberdeen Standard Investments (ASI) on Wednesday announced the launch of a joint venture that will invest in…






Skyscanner hires Joanna Lord as marketing chief

Edinburgh-based travel search site Skyscanner said it appointed Joanna Lord as its chief marketing officer. Lord, formerly CMO at ClassPass, will lead Skyscanner’s growth marketing…
















Wood makes progress with $200m assets sale

Aberdeen-based engineering and oil services giant Wood plc on Monday announced further progress with its $200m non-core asset disposal programme. In December, Wood agreed the…



Irn-Bru maker Barr expects £277m revenue

Cumbernauld-based Irn-Bru maker A.G. Barr said on Friday it expects its full-year revenue to rise about 5% to around £277 million. Barr, which also produces…












Menzies takeover gets OK as pension deficit cut

The UK’s Competition and Markets Authority (CMA) has cleared Edinburgh-based Menzies Aviation’s takeover of part of Airline Services’ business after an in-depth investigation allayed competition…



Aberdeen Standard in Singapore Life investment

Edinburgh-based investment giant Aberdeen Standard Investments (ASI) has made a $13 million minority equity investment in Singapore Life Pte. Ltd., a digitally-focused life insurance company…