Menzies Aviation wins big cargo contract in Miami

Edinburgh-based Menzies Aviation, the global aviation logistics specialist, said it has been awarded a five-year cargo contract with Avianca at Miami International Airport (MIA). “This contract…


Aberdeen Standard wins £200m charity mandate

Aberdeen Standard Capital (ASC) has announced its biggest charity strategic partnership to date by securing the CAF Financial Solutions Limited (CFSL) mandate of £200 million….


Mattioli Woods buys Caledonia Asset Management

Leicester-based wealth and asset management business Mattioli Woods plc has announced the acquisition of Edinburgh-based Caledonia Asset Management Limited from its shareholders. The transaction is being…




UK appoints book-runners to sell 30 year debt

The UK Government’s Debt Management Office (DMO) said on Friday it appointed Barclays, Goldman Sachs International, Lloyds Bank Corporate Markets, NatWest Markets and RBC CM…






Waverton acquires Cornerstone Asset Management

London-Based Waverton Investment Management Group announced it has acquired Scottish-based wealth planner Cornerstone Asset Management, subject to regulatory approval. Established in July 2010 and with…




Scotland ‘could lose direct flights, global influence’

The chief executive of Edinburgh Airport, Gordon Dewar, has warned that Scotland’s global influence and economic competitiveness will be undermined unless the new Scottish Government engages meaningfully with airports and…








Scots economy returns to growth; confidence high

Scotland’s economy returned to growth during March, according to the latest IHS Markit-Royal Bank of Scotland Purchasing Managers’ Index (PMI) report. The seasonally adjusted headline…




Scottish job market strongest in two years

Hiring activity across Scotland rose “markedly” during March, according to the latest Royal Bank of Scotland Report on Jobs. The Scottish job market enjoyed its…


DeepMatter, Glasgow chemistry firm, up 15%

Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 15% on Wednesday after it announced another collaboration with the University…






Alexander Dennis makes 200 buses for Berlin

Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) has announced that Berliner Verkehrsbetriebe (BVG) has exercised options for 198 Enviro500 double deck buses to be delivered to…





Macfarlane buys Carters Packaging (Cornwall)

Glasgow-based packaging firm Macfarlane Group announced it acquired Carters Packaging (Cornwall) Limited, the owner of Carters Packaging Limited. “Carters is a well-established business, based in Redruth, Cornwall,…


SSE sells contracting business to Aurelius

Perth-based energy and networks giant SSE plc said on Thursday it agreed to sell its contracting business SSEC — which has 1,900 employees — to investment firm…





Scotland’s oil and gas sales fall to £22bn

The Scottish Government said on Wednesday that statistics produced by Scotland’s Chief Statistician show the approximate sales value of oil and gas produced in Scotland is…







Baillie Gifford topples Schroders as top fund brand

Edinburgh-based investment giant Baillie Gifford has toppled London-based Schroders from the number one position in the prestigious annual rankings of UK fund management brands by Broadridge. Schroders…




Stagecoach shares up 7% on trading update

Shares of Perth-based transport giant Stagecoach rose about 7% on Friday after it published a trading update. Stagecoach said governments in England, Scotland and Wales…




Stagecoach slams Burnham bus franchising go-ahead

Perth-based transport company Stagecoach group said on Thursday it was “disappointed and surprised” that Greater Manchester mayor Andy Burnham chose “to push ahead” with bus franchising…