Devro H1 revenue rises to £125m, but profit slips
Glasgow-based sausage skin and collagen products firm Devro said its revenue rose 11% to £125.2 million in the six months to June 30 but underlying profit before…
Glasgow-based sausage skin and collagen products firm Devro said its revenue rose 11% to £125.2 million in the six months to June 30 but underlying profit before…
Private equity firm Bridgepoint confirmed it will buy Edinburgh-based Miller Homes in a transaction totalling £655 million from funds managed by GSO Capital Partners, a division of Blackstone….
The UK’s Competition and Markets Authority (CMA) said it has found that Wood Group’s purchase of Amec Foster Wheeler “gives rise to competition concerns.” The CMA said…
Johnston Press — owner of The Scotsman, the i newspaper and about 200 local newspapers and websites — said growth in its digital revenues and at the…
Glasgow-based Aggreko, the world’s largest temporary power firm, said its half year revenue rose 16% to £792 million but profit before tax and exceptional items fell…
Cumbernauld-based Irn-Bru maker A.G. Barr said in a trading update its revenue for the 26 weeks ended July 29, 2017, is expected to be £136 million,…
Berlin-based Leonardo Hotels said it acquired Edinburgh-based Portland Hotels, giving it five properties in Edinburgh, Glasgow, Perth and Aberdeen and increasing its UK portfolio to…
Private equity firm Bridgepoint is close to finalising a £655 million deal to acquire Edinburgh-based Miller Homes, according to a report in the Financial Times. Meanwhile,…
UPDATE 2 — Shares of Clydesdale and Yorkshire Bank owner CYBG rose about 9% after it announced a positive trading update for the three months…
Dunfermline has seen the highest house price growth in Scotland on a per square metre basis over the past five years — a roughly 20%…
Edinburgh-based Standard Life Investments said it voted its clients’ 465 million shares in Vodafone against Vodafone’s resolution to reappoint PricewaterhouseCoopers (PwC) as Vodafone’s auditors and against…
The Scottish Government and the Scotch Whisky Association have urged the UK Government to mount a “robust legal protection” of the £5 billion Scotch whisky industry…
Scottish law firm Brodies LLP said its revenues grew 2.4% to a record £66.7 million in its financial year to April 30, 2017. Over the same…
Dundee-based investment firm Alliance Trust announced results for the six months to June 30 as it makes a transition to its new investment approach with…
Glasgow-based engineering giant Weir Group said its revenue rose 26% to £1.09 billion in the six months to June 30, 2017, “reflecting both the recovery in…
Aberdeen would be the British city hardest hit by Brexit, with Edinburgh not far behind, according to a new study by the think tank Centre…
Scottish Natural Heritage is leading a “Pollinator Strategy” to make Scotland a “more pollinator friendly place by protecting indigenous bee and butterfly populations,” the Scottish Government…
The UK Treasury said the European Commission has accepted in principle the British government’s plans to free Royal Bank of Scotland from an obligation to…
More than two-thirds of businesses across the Highlands and Islands believe membership of the European single market and free movement of people are important to…
The UK’s Financial Conduct Authority (FCA) announced the appointment of Edinburgh pensions and insurance veteran Maggie Craig as the Head of Department, Scotland — a…
Aberdeenshire-based craft beer brewer BrewDog has announced plans to build a brewery in Australia and said it is looking for “a kick-ass location” for its…
Standard Life and Aberdeen Asset Management said the UK’s Financial Conduct Authority and Prudential Regulation Authority “have confirmed their approval to enable the merger between…
The UK’s Oil and Gas Authority (OGA) has launched the 30th Offshore Licensing Round with 813 blocks or part blocks on offer in mature areas…
East Kilbride-based Goals Soccer Centres said it agreed a strategic 50:50 joint venture with City Football Group, which owns a number of football clubs including Manchester City, New…
Manufacturers in Scotland reported that new orders rose at the fastest pace in more than 40 years in the quarter to July, driven by record…
The average decision time in Scotland for major developments in 2016-17 was 37 weeks, six weeks slower than the average of 31 weeks in the…
UPDATE 1 — Edinburgh and Newcastle-based challenger bank Virgin Money Holdings on Tuesday announced changes to its board and said underlying profit before tax rose 26%…
Convenience retailers McColl’s said its revenue rose 7.6% to £504.8 million in the 26 weeks to May 28, 2017, helped by stores acquired from the Co-op. However, profit…
Virgin Money CEO Jayne-Anne Gadhia — a former leading executive at Royal Bank of Scotland — said in an interview that the “alpha male” culture…
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…