News



Weir Group completes $1.3bn ESCO acquisition

Glasgow-based engineering giant Weir Group said on Thursday it completed the acquisition of Portland, Oregon-based ESCO Corporation for an estimated enterprise value of $1.28 billion. Weir’s main markets…






Craneware up 12% on strong sales, new contract

Shares of Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, rose about 12% on Tuesday after it issued a trading update for the year ended…



Cala appoints CEO amid another strong year

Edinburgh-based upmarket home builder Cala Group, now 100% owned by Legal & General, said on Monday Kevin Whitaker, currently one of two regional chairs, will become Cala…












Edinburgh’s Nucleus Financial confirms IPO

Edinburgh-based funds platform Nucleus Financial Group Limited on Monday confirmed recent speculation by announcing its intention to apply for admission of its ordinary shares to trading…











Sturgeon unveils new Scots government cabinet

First Minister Nicola Sturgeon on Tuesday appointed a new Scottish government cabinet, with five new cabinet secretaries appointed. John Swinney, Roseanna Cunningham and Fiona Hyslop…










Scots government underspends by £500m

The Scottish Government had expenditure of £30.9 billion in 2017-18 against a fiscal budget of £31.4 billion — indicating an underpsend of around £500 million. “Surplus…



College finances improve, but £360m due for repairs

Scotland’s Auditor General Caroline Gardner has produced her annual report on Scotland’s colleges which shows the sector reported a £300,000 surplus in its underlying financial position for 2016-17…







Edinburgh’s Sigma targets 5,000 rented homes

Edinburgh-based rented housing developer Sigma Capital Group announced the expansion of its strategic partnership with housebuilder Countryside Properties with a framework agreement targeting the delivery…


Tomatin whisky distillery turnover up 25%

Highland Scotch whisky distillery Tomatin, near Inverness, announced on Monday that its turnover increased almost 25% during the company’s most recent financial year. For the period…




















Forrest Media sold to Ocean Outdoor

London-based Ocean Outdoor Limited said it acquired Glasgow-based Forrest Media, the large-format outdoor media firm founded by major Celtic shareholder Chris Trainer. Trainer is Celtic’s…