Dundee-based investment firm Alliance Trust has announced a radical strategic plan that includes the outsourcing of equity portfolio management and the sale of investment division Alliance Trust Investments to Liontrust…
Denmark’s Dong Energy said South Korea’s CS Wind will build a new offshore tower manufacturing facility in Campbeltown, Scotland as a result of a multi-million…
Rupert Murdoch’s 21st Century Fox said it reached an agreement with Sky plc to buy the 61% of the British pay-TV firm it doesn’t already own for £10.75 a share — or roughly £11.7…
The UK’s Competition and Markets Authority (CMA) said on Thursday that Edinburgh-based John Menzies’ acquisition of ASIG may give rise to competition concerns over ground handling services at…
The UK’s Secretary of State for Scotland, David Mundell, urged the Scottish Government to use the economic levers under its control to “shape and strengthen”…
Aberdeen Asset Management said it made a number of appointments to strengthen its global distribution platform, including former Scottish Financial Enterprise chairman John Campbell. Campbell will join Aberdeen…
Scotland’s 2016 cereal harvest is estimated to have fallen 11% on 2015, according to the Scottish Government’s Chief Statistician. Final estimates show Scottish farms produced 2.8…
Shares of Aberdeen-based oil and gas services giant Wood Group rose about 2.5% after it said it expects its 2016 financial performance to be in line…
Edinburgh-based accounting software firm FreeAgent — which floated on the Alternative Investment Market (AIM) of the London Stock Exchange last month — said its revenue increased by 36%…
Annual negotiations in Brussels resulted in increased fish quotas for 16 out of 23 key Scottish stocks and “additional fishing opportunities” worth around £47 million, said Fisheries…
Perth-based energy giant SSE and Dixons Carphone, Europe’s largest electrical goods and phones retailer, said they have formed a strategic partnership to provide “connected home” services to…
There were 15,991 new build homes completed in Scotland in the 12 months to June 2016, an increase of 591 homes, or 4%, on the…
Edinburgh-based fund management giant Standard Life Investments said it appointed Archie Struthers to the role of head of investments. Struthers will join Standard Life Investments — which manages…
Workforce experts ManpowerGroup said Scotland’s “Net Employment Outlook” has risen an impressive seven points to +8%, its highest level in more than two years. Manpower…
Dundee-based mobile games developer Outplay Entertainment has acquired Derby-based Eight Pixels Square, adding a team of more than 40 industry veterans to increase its headcount to 190…
Edinburgh has been ranked number one in the 2016/17 “Global Cities of the Future” for Foreign Direct Investment (FDI) Strategy by the fDi Intelligence publication, a division of the…
A 20% increase in international passengers helped Edinburgh Airport achieve the busiest ever November for a Scottish Airport. Edinburgh Airport, owned by Global Infrastructre Partners…
Scottish renewable energy businesses are now working in more than 40 countries around the world, new research by industry body Scottish Renewables has found. Projects…
Oil prices rose on Monday to their highest levels in about 18 months after OPEC and non-OPEC producers agreed to cut oil output to ease…
Edinburgh-based fund manager Standard Life Investments argued on Monday that Rupert Murdoch’s 21st Century Fox is not offering enough for British pay-TV firm Sky Plc and questioned the independence of…
The health of Scotland’s private sector worsened slightly during November, as companies reported the first contraction of output for three months, according to the Bank of Scotland PMI….
The Scottish government’s fisheries secretary Fergus Ewing has urged the UK government “to stop fish quotas from being traded away unnecessarily” during crucial EU fisheries negotiations…
The Scottish Council for Development & Industry (SCDI) said its chief executive Ross Martin is to stand down from the organisation after three years “to…
Rupert Murdoch’s 21st Century Fox confirmed it reached an agreement in principle to buy the 61% of British pay-TV firm Sky Plc it does not already own for around $14 billion. 21st…
Scottish Equity Partners (SEP) said it has made “one of the most successful exits for a UK venture capital backed business in the emerging digital…
Allia Impact Finance, part of the Allia charitable organisation, said it allocated further funding from its charitable bond programme for Scotland which will allow 80 affordable homes…
Film and TV producers spent a record £52.7 million shooting in Scotland in 2015, Culture Secretary Fiona Hyslop revealed. The Scottish Government said it has worked through…
Baillie Gifford’s £1.3 billion Monks Investment Trust said the consequences of the Brexit vote had been very good news for the closed-end fund in the short term…
Aberdeen-based Faroe Petroleum, the independent oil and gas company, said it completed the previously announced acquisition of interests in five Norwegian North Sea producing oil and…
The Scottish Government said it declared a Scotland-wide Avian Influenza Prevention Zone for 30 days requiring that all poultry and captive birds must be kept indoors “or…
Edinburgh-based tidal power company Atlantis Resources said the first turbine installed at the MeyGen site in the Pentland Firth between Thurso and Orkney is now operating at…
Edinburgh-based aviation logistics and news distribution firm John Menzies announced that Greg Michael will assume the role of Managing Director, Menzies Distribution, on January 1, 2017….
Perth-based rail and bus giant Stagecoach Group said its revenue rose to just over £2 billion in the half-year ended October 29 from £1.97 billion for the same…
Edinburgh-based industrial testing firm Exova Group said it acquired South Yorkshire-based Insight NDT Limited (Insight) and completed the sale in Canada of its Environmental East business to…
Aberdeen-based oil and gas services giant Wood Group said it signed a memorandum of understanding (MoU) with Netherlands-based Heerema Fabrication Group (HFG) to offer wellhead platform development to…
Shares of Glasgow-based cloud computing firm iomart group rose about 3.5% after it said its revenue grew 16% to £42.1 million and adjusted profit before tax rose…
Royal Bank of Scotland said it agreed a “full and final settlement” with three out of the five shareholder groups involved in the litigation surrounding the bank’s ill-fated £12 billion…
The Scottish Government’s Fisheries Secretary Fergus Ewing lamented the “disappointing” outcome of the fisheries negotiations between the EU and Norway that concluded in Bergen at the weekend….
Forth Ports said the Port of Grangemouth, Scotland’s largest container facility, had one of its busiest ever seasons with more than 50,000 TEUs (Twenty Foot Equivalent Units)…
Statoil said production drilling has started on the massive Mariner field on the East Shetland Platform of the UK North Sea about 95 miles east of the…
The latest quarterly review from Scottish Engineeering showed an improvement in orders, output and staffing in the final quarter of 2016, after seven quarters of negative results….
Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said its chairman Ian Russell decided to step down due to an acute…
US financial services giant State Street is “lining up” 1-7 Exchange Crescent on Conference Square in Edinburgh’s central financial district for its new 60,000 sq ft European…
The North Sea oil and gas industry gave a cautious welcome to news that some of the world’s biggest producers agreed a deal to curb production for the…
The Scottish Government said legislation which will give the Scottish Parliament further powers over income tax will be laid on Wednesday. The regulations means that from…
Royal Bank of Scotland said it agreed a revised capital plan with the UK’s Prudential Regulation Authority (PRA) to address the shortfall identified by the Bank of England’s 2016 stress…
Free high-speed internet is now available in Edinburgh city centre. The outdoor public wifi service EdiFreeWiFi has gone live. The City of Edinburgh Council signed a 10-year concession contract…
Scotgold Resources said it held a successful auction in Edinburgh of Scottish gold mined and processed at its Cononish Gold and Silver Mine near Tyndrum — the…
Grant Thornton has warned that fluctuating currency conditions and uncertainty over potential future trade tariffs could damage Scotland’s £14.4 billion food and drink industry that employs more than…
Two out of three oil and gas firms believe the sector has already reached the bottom of the current cycle or will do so within the…
The Scottish Government said latest figures from the UK’s Office of National Statistics (ONS) show that low carbon industries in Scotland generated £10.7 billion in turnover…
The partners of international law firm Addleshaw Goddard and Scottish legal firm HBJ have voted “by an overwhelming majority” to merge their businesses and create…
JD Sports Fashion said it bought Go Outdoors for about £112.3 million from its private equity buyers. JD Sports said the acquisition will complement its existing interest in…
Scottish law firm Burness Paull said it completed almost 50 corporate deals worth more than £2.5 billion in the last three months. Among a number of private…
BP said it acquired interests in two North Sea exploration prospects — Jock Scott and Craster. BP acquired a 25% interest in two Statoil-operated licenses east…
Aberdeen Asset Management said its assets under management rose 10% to £312.1 billion in the year to September 30 — but underlying profit before tax decreased to £352.7…
Energy, metals and industrials group GFG Alliance said two of its member companies — SIMEC and Liberty House — reached an agreement with Rio Tinto Aluminium to…
The Scottish Salmon Company said revenues for the third quarter rose to £25.1 million from £18 million last year but it made a loss before tax of £12.7…
Edinburgh-based aviation logistics and news distribution firm John Menzies announced key management changes and said in a trading update that it continues to trade well and…
The UK Government said its decision to focus on infrastructure spending means the Scottish Government’s budget will increase by more than £800 million through to…
Glasgow Council leaders have unveiled plans to build a direct “tram-trains” rail link between Glasgow Airport, Paisley and Glasgow city centre. It said the £144 million Glasgow Airport…
China’s biggest online travel company Ctrip.com International said it agreed to buy Edinburgh-based travel search site Skyscanner Holdings for about £1.4 billion. Ctrip said Skyscanner’s current management team…
BNY Mellon said it has been appointed as trustee and paying agent on Aberdeen City Council’s £370 million bond issue — the largest ever bond issued by a…
Aberdeen Asset Management pulled out of a bid for UniCredit’s Pioneer Global Asset Management because the 3.5 billion euros price was too high, Aberdeen’s chief executive…
Clydesdale and Yorkshire Bank owner CYBG said it delivered its first statutory profit before tax in five years with a profit of £77 million in the year…
Shares of Glasgow-based packaging firm Macfarlane Group rose 8% after it said its profit before tax for 2016 to date “continues to be well above the…
Workers at Scotch whisky and drinks giant Diageo have voted to take industrial action over the company’s plans to change their pension schemes. The Unite union said its…
Newsquest Scotland has appointed veteran Scottish newspaperman Donald Martin as its editor-in-chief. Martin will return to Newsquest Scotland to lead about 200 journalists and a portfolio of titles…
Aberdeen City Council said the £250 million Aberdeen City Region Deal has been signed — and that the agreement’s value could be worth up to £826 million…
UK airline Flybe announced that its franchise agreement with Glasgow-based Loganair to fly under the Flybe brand has been terminated with effect from August 2017 “following…