Highlands and Islands Airports passengers rise to 1.5m
Highlands and Islands Airports Limited (HIAL) has announced a 3.5% year-on-year increase in passenger numbers for 2023-24 across its network of airports, bringing the total…
Highlands and Islands Airports Limited (HIAL) has announced a 3.5% year-on-year increase in passenger numbers for 2023-24 across its network of airports, bringing the total…
Serica Energy plc, the independent upstream oil and gas company, announced that it has received final approval from the North Sea Transition Authority (NSTA) to…
Nearly 80% of tech industry bosses in Scotland have revealed they believe the sector will “grow rapidly” in the next five years. A report by…
Chevron is planning to sell its remaining UK North Sea oil and gas assets in a move that would mark the US energy giant’s exit…
Entrepreneurs and innovators from across the Glasgow area have started gathering for the first-ever Tech Week in Scotland. Taking place May 13-18, Glasgow Tech Week…
First Minister Humza Yousaf confirmed on Thursday that the Scottish Government’s formal co-operation agreement with the Scottish Green Party has ended. The Scottish Conservatives said…
Italian energy firm Eni S.p.A. announced that it has reached an agreement to merge “substantially all” of its upstream assets in the UK with Aberdeen-headquartered Ithaca…
A new executive education programme to address the growth barriers faced by impact-oriented businesses in Scotland has been launched. Strathclyde Business School is to deliver…
Only 12% of investment trust managers are female, according to research from the Association of Investment Companies (AIC). This figure remains unchanged since 2022 and…
Highlands and Islands Airports Limited (HIAL) announced the appointment of Paul Kelsall as CEO. Most recently, Kelsall was MD of Offshore Helicopter Services UK Limited and…
UK finance minister Jeremy Hunt delivered his budget speech on Wednesday, confirming a widely expected cut of 2 percentage points to National Insurance. However, Hunt…
Glasgow is predicted to be the fastest growing city in Scotland over the next three years (2024 – 2027) with an average gross value added…
Celtic plc announced that its revenue increased 11% to £85.2 million in the six months to December 31, 2023, while profit before taxation slipped to…
SSE plc, the Perth-based electricity infrastructure giant, said on Thursday that SSE Renewables’ output over the first three quarters of the year was around 15%…
The EY ITEM Club Scottish Winter Forecast has predicted that Scotland’s economy is set to gain momentum this year with the prospect of interest rate cuts…
Aberdeen-based independent oil and gas firm Parkmead Group announced it has been provisionally awarded three new offshore blocks by the North Sea Transition Authority (NSTA) in…
Shell UK said it has given the financial go-ahead for the development of the Victory gas field in the UK North Sea, approximately 47 km north-west…
The Scotch Whisky industry generated £7.1 billion of Gross Value Added (GVA) for the UK in 2022 — with £5.3 billion of that generated in…
Scottish Enterprise has unveiled its new “future focus” to help unlock thousands of new jobs and billions of pounds of global growth opportunities. The national…
SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, has successfully issued a £500 million 20-year green bond maturing on January 15,…
John Wood Group, the Aberdeen-based engineering and consulting giant, said it secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides…
SSE plc, the Perth-based electricity infrastructure giant, announced that Catherine Raw, managing director of its SSE Thermal business, will leave on April 12, 2024, to…
Proposed new rules to encourage companies to list their shares in the UK — and for the regulation of bond and derivatives trade information — have…
The Scottish Government has published the Scottish Budget for 2024 to 2025, with measures that include a new tax band of 45p in the pound that…
The unemployment rate in Scotland has fallen to 3.8% and a record number of people are in work, according to the latest figures from the…
John Wood Group, the Aberdeen-based engineering and consulting giant, said it has secured a two-year contract extension with Equinor UK Limited to support energy production…
Inflation in the UK slowed by more than expected in October as household energy prices fell and services sector price growth also eased. Annual consumer price…
Scotland’s £42 million national Techscaler network is being expanded to support more of the country’s most promising young technology companies. A partnership with Borders organisation…
Associated British Ports (ABP) has announced a deal to investigate an area “for the development of infrastructure to support offshore wind (OSW) manufacturing, assembly and…
The UK’s North Sea Transition Authority (NSTA) said it has granted development and production consent to Equinor and Ithaca Energy for the controversial Rosebank oil…
The number of first-time home buyers in Scotland fell 14% between January and August 2023 compared to the same period in 2022, according to the latest…
Glasgow-based independent whisky firm Brave New Spirits said planning permission for its Witchburn Distillery near Campbeltown has been granted by Argyll & Bute council. The single…
Scotland’s big financial services sector must do more to improve social mobility, according to a roundtable hosted by KPMG UK in partnership with Scottish Financial…
The Scotch Whisky Association (SWA) has released new figures showing that the value of exports in the first half of 2023 held steady when compared…
Royal London said its assets under management increased to £153 billion in the six months to June 30, 2023, from £147 billion at the end…
Scottish SMEs are spending an estimated 35% of their overheads on international payment fees when using traditional banks, according to a survey by fintech firm Wise….
Highlands and Islands Airports Limited (HIAL) has reported a 10.4% year-on-year increase in passenger numbers for the first quarter of the 2023-24 financial year. During…
Abrdn-owned platform Interactive Investor (ii) has written a ‘Dear CEO’ letter to FTSE 100 company chairs and the UK’s 20 most-held investment trusts on the…
Shares of Deltic Energy Plc rose about 30% after it announced a “significant” increase in its estimate of oil and gas resources for the Pensacola…
Only four in 10 of people in Scotland believe they have the skills, knowledge and experience to start their own businesses, according to a new…
The development of the giant Rosebank and Cambo oil fields west of the Shetland Islands would save 17 million tonnes of CO2 emissions over their projected…
The Scottish Government’s Constitution Secretary Angus Robertson said Brexit has limited Scotland’s economic growth, restricted trade, increased food costs and diminished opportunities for young people….
Glasgow-based Beeks Financial Cloud Group plc and partner IPC announced the signing of a contract with the Johannesburg Stock Exchange (JSE). Beeks is a cloud computing and…
Scotland’s estimated unemployment rate for the February to April 2023 period was 3.1%, down 0.6 percentage points since the pre-pandemic December 2019 to February 2020…
The UK Government’s windfall tax on North Sea oil and gas producers will not be applied if energy prices drop below certain levels for six…
Highlands and Islands Airports Limited (HIAL) board has announced the appointment of Stewart Adams as interim managing director. Adams has worked with airlines and airport…
Edinburgh biotechnology firm Lentitek Ltd, a developer of manufacturing technologies enabling economic delivery of advanced cell and gene therapies, announced that it has secured £250,000 in…
Scottish salmon exports to Asia more than doubled to £24 million in the first three months of this year in response to growing demand, new…
Edinburgh-based upmarket home builder Cala Group, currently owned by Legal & General, announced the acquisition of Taylor Lane Timber Frame, one of the UK’s leading timber frame…
Royal London, the UK’s largest life, pensions and investment mutual, has appointed Edinburgh-based Ronnie Binnie as Head of Strategic Partnerships. Binnie joins Royal London from…
Perth-based power giant SSE plc announced on Friday that Barry O’Regan will be appointed as its chief financial officer and as an executive director of…
Shell U.K. Ltd announced it has completed the restart of operations at the Pierce field in the UK Central North Sea, following a “significant upgrade”…
Highlands and Islands Airports Limited (HIAL) said its managing director Inglis Lyon has announced his intention to step down from this summer. HIAL is responsible for…
Start Up Loans, part of the British Business Bank, has announced that DSL Business Finance will be the Scottish Business Support Partner (BSP) for the…
Royal London, the UK’s largest life, pensions, and investment mutual, has agreed to acquire the individual protection line of business of Aegon UK, subject to court…
By Mark McSherry Global financial shares lost about $465 billion in stock market value in two days as investors cut exposure to lenders following Silicon…
Royal London said its 2022 operating profit before tax increased 58% to £210 million as adverse market impacts on its asset management revenues “were more…
Scottish marketing and communications agency BIG Partnership has reported a strong start to 2023 with a raft of new client wins and an expansion of its…
Equinor UK Limited said it has signed an agreement to acquire Suncor Energy UK Limited for $850 million. The transaction includes a non-operated interest in…
NatWest Group — formerly known as RBS — said its operating profit before tax rose 33% to £5.1 billion in 2022 as its total income rose…
Nicola Sturgeon confirmed on Wednesday she will resign as Scotland’s first minister after more than eight years in the role. Sturgeon told a news conference:…
Celtic plc announced its revenue increased 44.8% to £76.5 million in the six months to December 31, 2022, and profit before taxation rose to £33.9 million…
Scottish salmon was the UK’s biggest food export in 2022, despite the volume of fish transported overseas falling 26%, new HMRC figures have revealed. Sales of…
Global exports of Scotch Whisky grew to more than £6 billion for the first time in 2022, according to figures released by the Scotch Whisky…
The Scottish Government announced that former DC Thomson Publishing CEO Ellis Watson has been appointed as Chief Business Advisor to First Minister Nicola Sturgeon. The…
Edinburgh-based retirement adviser platform Nucleus Financial has agreed to buy Bristol-based SIPP provider Curtis Banks in a £242 million cash deal, taking Nucleus’ assets under administration to £80…
The latest Fund Flow Index (FFI) report from global funds network Calastone revealed a “bad year for passive equity funds” as index funds fared worse…
The British Business Bank is inviting proposals from fund managers to operate the new £150 million Investment Fund for Scotland. The bank said it expects…
Occupational pensions consultancy LCP (Lane Clark & Peacock) has predicted that 2023 will be a record breaking one in the de-risking market, with record volumes of…
SSE Thermal announced it is developing a “first-of-a-kind” project in the Humber area of North East England which would unite hydrogen production, storage and power…