Leeds-based engineering services group Renew Holdings said it will acquire QTS Group, a specialist independent rail contractor based in Strathaven, Scotland, for £80 million in cash….

Ellon, Aberdeenshire-based craft brewing firm BrewDog said it appointed Jason Marshall to the newly created role of chief financial officer. “Jason brings a great wealth…

The UK’s Oil and Gas Authority said production efficiency (PE) on the UK Continental Shelf has risen for a fifth consecutive year — increasing to 74% in 2017….

Shares of Aberdeen-based bus and rail giant FirstGroup fell about 14% after US private equity firm Apollo Global Management said it dropped plans to make…

Edinburgh-based fund management giant Standard Life Aberdeen (SLA) has launched a contract dispute process against Lloyds Banking Group (LBG) over LBG’s decision to cancel a £109 billion…

The UK’s Competition and Markets Authority (CMA) said it has referred the proposed merger of Perth-based SSE Retail and Npower for an in-depth investigation “after…

UPDATE 2 — Edinburgh and Newcastle-based challenger bank Virgin Money Holdings (UK) Plc said on Monday it received a preliminary and conditional all-share takeover offer from CYBG…

The executive who has spent the last two years managing UK taxpayers’ stake in Royal Bank of Scotland (RBS) could be set to join RBS…

Aberdeen Standard Investments said its infrastructure team has made a second investment in a gas pipeline and processing system. The team has acquired the InfraVia…

North Sea oilfields connected to the Brent oil pipeline have stopped production due to a shutdown at Shetland’s Sullom Voe oil terminal to fix a “minor…

France’s EDF Group said it bought the controversial 450 megawatt Neart na Gaoithe offshore wind farm off the coast of Fife. EDF said the total investment…

Scotch Whisky Association CEO Karen Betts warned on Thursday that Brexit is likely to be “disruptive” for the industry and that the loss of certain…

Standard Life Aberdeen plc said on Thursday it is “considering the potential for a substantial return of capital to shareholders” after it completes a deal to…

Scotland’s onshore GDP for the whole of 2017 is estimated at £152.1 billion, or £28,046 per person in current prices, according to the latest Quarterly National…

Shares of Elgin-based housebuilder Springfield Properties rose 8% after it said it completed the acquisition of Glasgow-based housebuilder Dawn Homes for up to £20.1 million. Springfield…

Aberdeen-based oil and engineering giant Wood plc and IBM announced they have entered into an agreement to “conceive and offer compelling new digital products and…

Shares of Edinburgh and Newcastle-based Virgin Money rose about 6% after it said in a first-quarter trading update that it reaffirmed its 2018 guidance on performance and…

Royal Bank of Scotland said it will cut almost 800 jobs and close 162 branches following a review of its branch network in England and Wales….

Johnston Press — the embattled owner of The Scotsman, the i newspaper, the Yorkshire Post and about 200 local newspapers and websites — said Ashley Highfield has…

Edinburgh-based Miller Homes said its 2017 profit before tax rose 22% to £109.3 million on revenue that was up 19% at £675 million. Private equity firm Bridgepoint…

Almost £1 billion a year is to be invested to fund a huge expansion of early learning and childcare in Scotland. Scottish Ministers and Convention…

The Scottish government said more affordable homes will be delivered across Scotland this year following a £35 million increase to council allocations — bringing the…

The Queensferry Crossing, a new hospital and major motorway improvements were among the £3 billion worth of infrastructure projects completed in Scotland last year, the…

Sainsbury’s has agreed to buy Walmart’s Leeds-based subsidiary Asda for about £7.3 billion in cash and shares to create the UK’s largest supermarket group by…

J Sainsbury plc confirmed on Saturday that it is in “advanced discussions” about merging with Walmart’s Leeds-based subsidiary Asda. It is not yet clear how…

Royal Bank of Scotland on Friday reported attributable first-quarter profit of £792 million compared with £259 million for the same period of 2017, beating analysts’…

UK Health and Safety Executive (HSE) boss Chris Flint has warned North Sea oil and gas operators about continued hydrocarbon releases, urging the industry to…

TSB chief executive Paul Pester said on Thursday he would take control of the bank’s IT platform and bring in IBM experts to help fix…

The Competition and Markets Authority (CMA) said on Thursday it has decided the proposed merger of Perth-based SSE Retail and Innogy subsidiary Npower “warrants further…

The Scottish Government’s Brexit Minister Michael Russell said the UK Government’s amendments to the EU Withdrawal Bill make it “crystal clear in terms never seen…

Aberdeen Standard Investments voted against the “enormous” remuneration packages for executives at York-based housebuilder Persimmon including a £75 million package for Persimmon CEO Jeff Fairburn at the…

The Scottish Government’s Brexit minister Michael Russell said on Tuesday the UK Government’s EU Withdrawal Bill will continue to “enable the powers of the Scottish…

Peel Ports said it has partnered with the UK’s largest rail freight company, DB Cargo UK, to provide a new rail service for containers via…

The Scottish FA announced the appointment of Ian Maxwell as its new chief executive. Ian Maxwell, 42, will join the Scottish FA at the end…

More travellers than ever before used the 11 airports of Highlands and Islands Airports Ltd (HIAL) in the financial year 2017-2018. Latest airport passenger figures from…

UK Government Investments (UKGI), the body which manages the UK government’s stake in Royal Bank of Scotland, said on Friday it appointed Credit Suisse’s Charles…

The latest Scottish Chambers of Commerce quarterly economic indicator survey has shown rising levels of investment across Scottish businesses as expectations grow among firms for…

Scotland’s population has increased for the for the eighth year running and now stands at a record high of 5.42 million, according to the National…

Glasgow-based engineering giant Weir Group said on Thursday it agreed to buy Portland, Oregon-based ESCO Corp. for about $1 billion in cash and shares as it…

Shares of Clydesdale and Yorkshire Bank owner CYBG fell more than 5% after it said it expects to increase its provisions for legacy PPI costs as at…

Shares of Glasgow-based Beeks Financial Cloud Group, a cloud provider for institutional capital markets, rose 4.5% after it announced its entry into the equities automated trading…

Royal Bank of Scotland said it will make total payments of up to £3.5 billion into its pension scheme in the coming years, clearing one of the…

The UK government said its senior law officers, the Attorney General and the Advocate General for Scotland, are referring EU exit legislation passed in the…

Johnston Press — the embattled owner of The Scotsman, the i newspaper, the Yorkshire Post and about 200 local newspapers and websites — said its 2017…

Aberdeen Standard Investments said its infrastructure debt team has provided more than £43 million of private debt to finance six operational hydro-electric schemes in Scotland….

The board of the £259 million investment trust Schroder UK Growth Fund plc has terminated Schroder Unit Trusts Limited as the fund’s manager and given the mandate…

Scottish law firm Burness Paull said Peter Lawson will take over as chairman while Tamar Tammes will step into the role of managing partner with…

Edinburgh-based upmarket home builder Cala Homes said on Monday that its CEO Alan Brown is to retire. Last month, Legal & General Group announced that its Legal &…

Diageo has announced a £150 million investment over three years to transform its Scotch whisky visitor experiences in the “biggest concerted programme ever seen” in…

A YouGov survey published on Monday by Amazon claims that Scottish small and medium-sized businesses (SMEs) are “struggling to grasp digital and export opportunities” to…

Edinburgh’s first single malt whisky distillery for 90 years has completed a £5.8 million funding drive to help fund the creation of a new distillery…

The Scottish Chambers of Commerce (SCC) said it signed an historic Memorandum of Understanding with the China Chamber of International Commerce (CCOIC) that opens China’s…

Marsh & McLennan firm Jelf said it agreed to acquire Perth-based Clark Thomson, Scotland’s largest independent insurance broker. Established in 1965, Clark Thomson is headquartered…

Shares of Glasgow-based fashion firm Quiz rose about 4% after it said it increased revenue in line with expectations by 30% to £116.4 million in…

By Mark McSherry UPDATE 3 — Aberdeen-based bus and rail giant FirstGroup plc said late on Wednesday it has received “a preliminary and highly conditional indicative proposal…

Investment in Scottish commercial property in the first quarter of 2018 reached £608 million, significantly ahead of the five-year average of £546 million, according to…

Standard Life Aberdeen, the largest active fund manager in the UK and one of Scotland’s largest employers, has officially opened its new headquarters at 6 St…

BP announced that it has committed to two new North Sea developments which are expected to produce 30,000 barrels gross of oil equivalent a day…

Edinburgh-based TV advertising analytics firm TVSquared said it raised another $8 million in funding to support its expansion. To date, the firm’s equity funding totals more…

The latest Royal Bank of Scotland Business Monitor, conducted by the Fraser of Allander Institute, reported that most regions across Scotland saw no increase in…

Wealth manager Rathbone Brothers on Monday confirmed weekend press speculation that it is in talks for a possible acquisition of Glasgow-based investment management firm Speirs…

Apple has hired John Giannandrea, Google’s Scottish-born chief of search and artificial intelligence, in what is being called a major coup in its bid to…

Perth-based energy giant SSE and innogy SE said they appointed Dixons Carphone executive Katie Bickerstaffe to be CEO designate of the new independent British energy…

Edinburgh-based John Menzies plc said its subsidiary Menzies Aviation has acquired Airline Services Limited, a UK based aircraft de-icing specialist, from Airline Services and Components Group…

Scottish Enterprise on Friday announced the appointment of Scottish Canals CEO Steve Dunlop as its new chief executive. “Steve, who takes up the post in…

Edinburgh-based accounting software firm FreeAgent, which is being acquired by Royal Bank of Scotland for about £53 million, on Thursday reported strong progress in a trading…

Shares of Aberdeen-based Faroe Petroleum, the independent oil and gas company, rose about 12% on Wednesday after it announced “significant discoveries” in the Hades and Iris prospects…

The Scottish economy grew 0.3% in the fourth quarter of 2017, according to statistics announced by Scotland’s chief statistician. UK GDP growth for this quarter was…

Glasgow-based Aggreko, the world’s largest temporary power firm, is to invest £33 million in research and development for lower carbon power — and create 23…

Irish drinks firm C&C, whose brands include Tennent’s, Bulmers and Magners, said on Wednesday it bought the wholesale arm of troubled Crew-based alcohol wholesaler and distributor…