Miller Homes could be sold for £600m – report
Edinburgh-based Miller Homes is closing in on a sale valuing it at more than £600 million, according to a Sky News report. The report said…
Edinburgh-based Miller Homes is closing in on a sale valuing it at more than £600 million, according to a Sky News report. The report said…
Leading Scottish law firm Maclay Murray & Spens announced on Friday it is to combine with Dentons, the world’s largest law firm. The combination, expected…
The £1 billion Edinburgh and South East Scotland City Region Deal has finally been agreed, with the Scottish and UK governments investing £300 million each in…
More than 60 leading public figures in Scotland — including Lord Kerr of Kinlochard, the Scottish peer who wrote Article 50 — have published an open letter…
UK companies distributed an all-time record £33.3 billion in dividends in the second quarter, beating the previous record of £29.1 billion set in Q2 last…
The UK government’s Transport Secretary Chris Grayling said Britain’s new high speed rail lines (HS2) between London and the North-West of England will also benefit Scotland….
Shares of Glasgow-based engineering giant Weir Group rose more than 7% after it gave an update to its 2017 outlook that “reflects accelerated recovery in North American oil…
Scottish Enterprise is to contribute £11.7 million towards Aberdeen Harbour’s £350 million expansion, supporting the creation of 2,300 jobs by 2026. SE funding is in…
Courier firm DX Group, currently in the process of merging with the distribution business of Edinburgh-based John Menzies, said it will split its business into two divisions —…
A report by the UK’s National Audit Office (NAO) has concluded that the first sale of UK government shares in Royal Bank of Scotland (RBS)…
Steve Lamey, the chief executive of the UK’s Glasgow-based Student Loans Company (SLC), has been suspended pending an investigation, according to reports. No clear reason was…
Edinburgh-headquartered FanDuel and Boston-based DraftKings, the two largest daily fantasy sports sites, have terminated their merger agreement. The decision follows the move by the US Federal Trade…
The First Ministers of Scotland and Wales said the UK government’s European Union (Withdrawal) Bill is a “naked power-grab” for which the Scottish and Welsh Governments…
Visitors to Scotland from North America spent £641 million in the 12 months to the end of March 2017, a 40% rise on the previous…
Pernod Ricard said it signed an agreement with a consortium that includes Scotch whisky industry veteran Billy Walker for the sale of Glenallachie Distillery in…
The largest office leasing deal in Edinburgh for more than 20 years has been agreed following confirmation by the UK Government that it will open…
Royal Bank of Scotland said it will pay £4.2 billion to settle one of two US investigations into allegations it mis-sold mortgage-backed bonds. RBS needs to…
Scotland’s unemployment rate fell to a record low of 3.8% over the last quarter, down 0.7 percentage points, according to labour market statistics for March to…
UPDATE 3 — Oil and gas services company Amec Foster Wheeler — which has agreed to be taken over for £2.2 billion by Aberdeen-based Wood…
Delays to the £1 billion Edinburgh and South East City Region Deal could cost the Scottish economy crucial investment, Economy Secretary Keith Brown has warned….
ScottishPower said it will invest £4 million every day until 2020 as it celebrated the official opening of its new headquarters in St Vincent Street,…
Edinburgh-based oil and gas company Cairn Energy announced the results of the FAN South-1 well in the South Fan prospect offshore Senegal. “The well encountered…
Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, said in a trading update for the year ended June 30, 2017, that it expects to…
Aberdeen-based oil and gas services giant Wood Group said it was awarded a new contract by Maersk to deliver mechanical and management services for the…
Construction and outsourcing firm Carillion said on Monday it appointed Keith Cochrane — former chief executive of Stagecoach and Weir Group — as its interim…
The Bank of Scotland purchasing managers’ index (PMI) data for June showed a slight increase in Scottish private sector output. The June data extended the…
About 61% of Scottish businesses want the UK to stay in the European single market and the customs union after Brexit, according to a survey…
The IHS Markit Report on Jobs for Scotland for June has indicated a “sharp improvement of labour market conditions.” “Steep growth in demand for both…
Courier firm DX Group, currently in the process of merging with the distribution business of Edinburgh-based John Menzies, said on Friday that the City of London Police “will not…
Scottish Enterprise confirmed that its chief executive Lena Wilson is to step down after nearly eight years in the job. Wilson told the organisation’s employees…
The Confederation of British Industry (CBI) has warned that the UK needs to stay inside the single market and customs union until a final Brexit…
Aberdeenshire-based craft brewer BrewDog said it appointed Tanisha Robinson as managing director of BrewDog USA ahead of the official launch of its 100,000 square foot…
US marketing agency Merkle said it acquired Edinburgh-based data analytics firm Aquila Insight. Aquila Insight was founded in 2012 and also has offices in London and Derby….
Britain’s largest payment processor and ex-Royal Bank of Scotland firm Worldpay said it agreed to “key terms” of a “possible offer” from US credit card…
UPDATE 2 — Scotland’s gross domestic product (GDP) rose 0.8% in the first quarter of 2017 compared to the previous three months — outpacing the quarterly…
Shares of payment processing firm Worldpay Group, sold by RBS to comply with EU rules after its UK state bailout, rose 28% on Tuesday after Worldpay said it received…
Almost £70 million worth of homes were sold by member firms of the Perthshire Solicitors Property Centre (PSPC) in the first half of 2017, with some…
Upmarket home builder Cala Group on Tuesday issued a trading update for the 12 months to June 30 — and said it was on track…
Edinburgh-based Tesco Bank sprung a surprise on Tuesday when it announced that its CEO Benny Higgins would retire from Tesco in February 2018. Higgins joined Tesco…
The number of households that have purchased a new home through the Scottish Government’s Help to Buy shared equity scheme has exceeded 10,000, according to…
Hundreds of Atlantic salmon are to be tagged and released back into the wild as part of a new study aimed at increasing the understanding…
Glasgow-based Aggreko, the world’s largest temporary power firm, announced a £40 million agreement to acquire smart energy and battery storage technology company Younicos. Based in Berlin and…
UK defence secretary Michael Fallon announced the signing of a contract worth £3.7 billion to start building the Royal Navy’s Type 26 Frigates. Fallon said manufacture…
Growth will return to the Scottish economy in 2017 “with tentative signs of a more positive outlook for Scotland’s oil and gas sector and improving…
A severe shortage of new office development in Edinburgh has led to a steep rise in rents on refurbished offices, according to Savills. Rents on…
Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park, Famous Grouse and Cutty Sark — said on Thursday that its core revenues rose…
Shares of Aberdeen-based oil and gas services giant Wood Group fell about 3% after it said its 2017 first half performance was “weaker than anticipated” and…
Scottish Equity Partners (SEP) said it funded the acquisition of the 9.2MW onshore wind farm at the Port of Tilbury in London from SSE. SEP…
Roxburghe Estates said it agreed terms for Bespoke Hotels to acquire its Roxburghe Hotel and Golf Course near Kelso in the Scottish Borders. Roxburgh Estates operates…
UPDATE 2 – Shares of Perth-based rail and bus giant Stagecoach Group touched a seven-year low, falling as much as 10%, after it said statutory profit…
The European Commission said it fined Alphabet unit Google a record €2.42 billion for abusing its dominance as a search engine by “giving illegal advantage”…
Fish and shellfish farming now contributes £620 million to the Scottish national economy every year, according to according to a new study commissioned by the…
Transport Scotland announced the intention to award a contract worth up to £50 million to carry out route option assessment and detailed design work for…
Edinburgh is to be the home of a new technology centre created by Australian financial services company Computershare which will create 300 jobs. Computershare secured…
Shares of North Sea oil exploration firm EnQuest rose at least 7% after it confirmed that first oil from the important Kraken development east of…
Royal Bank of Scotland has confirmed it that plans to cut 443 UK jobs dealing with business loans and that many of the roles will move…
Glasgow-based cloud computing firm iomart confirmed on Friday that it is one of a number of parties in early stage discussions regarding the potential acquisition of…
The UK Government’s Department for Business said on Friday that new laws from Monday, June 26 will force Scottish limited partnerships to disclose ownership and…
The Scottish Government has announced plans to accelerate the growth of Scotland’s fruit and vegetables sector with the launch of a new industry group. The…
The financial health of Scotland’s colleges has deteriorated, with overall income falling and the colleges’ underlying deficit increasing to £8 million, according to Audit Scotland’s annual…
Aberdeen-based FirstGroup and Perth-based Stagecoach are among the groups shortlisted in the bidding to run the new West Coast Partnership (WCP) rail franchise, which will…
The Port of Grangemouth, Scotland’s largest container facility, said it is ordering a new multi-million pound ship-to-shore crane from Liebherr as part of a major…
Lothian Buses said in its annual report that its revenue rose £4 million to £146 million in 2016, with profit up from £6.4 million to £11.9 million….
The Scottish Government said a new enterprise agency will be created to meet the economic needs of communities in the South of Scotland. It said…
Standard Life and Aberdeen Asset Management said the UK’s Competition and Markets Authority (CMA) announced that it has cleared the £11 billion merger of the Scottish investment giants….
The Scottish Government’s Culture Secretary Fiona Hyslop said the Production Growth Fund has generated £17.5 million for the Scotland’s economy — returning £10 for every…
Edinburgh-based oil and gas company Cairn Energy said it secured interests in two licences in the Mexico offshore bid round. The licences are located in the…
The Dundee-based Michelin tyre facility is to get a £16.5 million investment that will support additional properties and new manufacturing equipment. The largest part of…
A new CBI Scotland report has claimed that improving productivity and unlocking growth across Scotland’s regions could be worth up to £25 billion to the…
Nearly 60% of businesses in the UK’s oil and gas industry expect to expand this year, while optimism has soared to 39% from 2% in…