Ex-Johnston Press exec Dixon joins STV as CFO
Glasgow-based media firm STV Group plc said Lindsay Dixon joined STV as chief financial officer on Tuesday. Dixon previously worked at Johnston Press, Deloitte, Weir Group…
Glasgow-based media firm STV Group plc said Lindsay Dixon joined STV as chief financial officer on Tuesday. Dixon previously worked at Johnston Press, Deloitte, Weir Group…
Around 50% of traffic has moved away from Aberdeen city onto the new Aberdeen Western Peripheral Route since it fully opened in February, the Scottish…
Perth-based transport giant Stagecoach Group announced on Monday planned new vehicle orders worth more than £80 million to help tackle the twin challenges of car…
Edinburgh-based international oil and gas exploration and production company Cairn Energy said on Friday at its AGM that it will target more than 800 million…
Edinburgh-based John Menzies plc, the global airport services firm, said on Friday the process to appoint a new chief executive officer of the firm “is progressing…
The chair of Baillie Gifford’s flagship £8 billion fund, the Scottish Mortgage Investment Trust plc, has warned shareholders they should not rely too much on…
The European Commission said on Thursday it fined Royal Bank of Scotland (RBS), Barclays, Citigroup, JPMorgan and MUFG €1.07 billion for participating in a foreign…
Peel Ports has revealed the plans for its major port and industrial centre at Hunterston on the Firth of Clyde, one of Scotland’s most important…
The board of Scottish Financial Enterprise (SFE), the representative body for the financial services industry in Scotland, has selected Philip Grant of Lloyds Banking Group…
Shares of Glasgow-based packaging firm Macfarlane Group rose about 6% on Tuesday amid a positive AGM statement. At the AGM in Glasgow, Macfarlane chairman Stuart Paterson…
Glasgow-based private equity firm Maven Capital Partners said on Monday it has led an investment round alongside existing shareholders Par Equity and the Scottish Investment…
UPDATE 2 — Aberdeen-based bus and rail giant FirstGroup said major shareholder Coast Capital, which holds 9.77% of FirstGroup, called for a general meeting and…
Real estate investment giant AEW has acquired the iconic former Scottish Stock Exchange building in Glasgow city centre from Aberdeen Standard Investments on behalf of…
Royal Bank of Scotland CEO Ross McEwan told an LBC radio show on Friday that RBS is considering two internal candidates to be the company’s…
CBI Director-General Carolyn Fairbairn stressed the importance of building a post-Brexit immigration system that works for Scotland at the business organisation’s annual lunch in Edinburgh…
Project Heather, the organization working to launch a Scottish stock exchange later this year, has received another huge funding boost. Scottish Enterprise and Project Heather…
Shares of Aberdeen-based bus and rail giant FirstGroup plc have soared about 20% in the past month amid big changes on the firm’s board and…
Glasgow-based sausage skin and collagen products firm Devro announced the appointment of Steve Good as non-executive chairman from June 1, 2019. Good will also chair the…
Edinburgh-based investment giant Baillie Gifford has opened its first client office in mainland Europe — in Frankfurt — as part of plans for continued growth…
A new report shows one in 10 smaller businesses in Scotland is led by an immigrant entrepreneur and these firms contribute more than £13 billion…
Souter Investments — the family investment office of Stagecoach Group founder and chairman Brian Souter — said it reached an agreement to sell Mobius Life, a…
The Scottish Government has outlined an ambitious growth plan which will aim to increase the value of exports from 20% to 25% of Scotland’s GDP…
The University of Glasgow said it is taking forward ambitious plans for a major investment in a new Clyde Waterfront Innovation Campus on the south…
ScottishPower — a subsidiary of Basque energy giant Iberdrola — said on Thursday earnings rose 30% to £166 million at its ScottishPower Renewables business in…
Scotmid Co-operative said on Wednesday it delivered a £5.3 million trading profit for the year ended January 28, 2019 — up £500,000 on the equivalent period…
First Minister Nicola Sturgeon said on Wednesday that Scotland should hold an independence referendum before the current Scottish parliamentary term ends in May 2021 and…
Scottish shares on the FTSE outperformed the wider market during the first three months of 2019 but their AIM-listed counterparts significantly underperformed the index, according…
Royal Bank of Scotland subsidiary NatWest said it will double its growth funding programme for small and medium-sized British businesses to £6 billion to help them navigate…
The asset management units of Deutsche Bank and Swiss bank UBS Group are in “serious” merger talks, the Financial Times reported on Tuesday, citing people…
The co-founder of Aberdeenshire-based craft brewing firm BrewDog has criticized the lack of clarity surrounding Brexit, saying the confusion will cause “severe long-term damage” to…
Edinburgh-based investment giant Baillie Gifford has introduced a new parental leave policy which offers up to 52 weeks leave to any employee becoming a parent,…
Edinburgh Airport is likely to be sold this year for as much as £2 billion as its New York-based owner Global Infrastructure Partners (GIP) bids…
The latest Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator survey for Q1 of 2019 shows the health of the Scottish economy “weakened considerably” in…
The latest economic commentary from the University of Strathclyde’s Fraser of Allander Institute (FAI) and partner Deloitte has laid out different scenarios for growth in…
Scotland’s unemployment rate fell to a record low of 3.3% in the three months to February — well below the UK figure of 3.9% —…
Scottish Liberal Democrat deputy leader Alistair Carmichael MP has lodged a Bill in the UK’s House of Commons calling for Scottish banknotes to be accepted…
Barclays has appointed five new managing directors to support business development and drive growth opportunities at its new £300 million Glasgow campus. The diverse set…
Shares of Perth-based transport giant Stagecoach Group plc fell about 5% on Wednesday after it said it has been disqualified from the current three UK rail franchise competitions by…
North Lanarkshire Council said on Tuesday that more than 6,500 jobs could be created and around £360 million per year generated for the local economy…
The International Monetary Fund (IMF) has cut its outlook for global growth to the lowest since the financial crisis amid a bleaker outlook in many…
Almost 700,000 Scots have problem debts or are at risk of having them, according to a new report by debt advisory charity StepChange Scotland. With…
Edinburgh-based investment giant Aberdeen Standard Investments (ASI) said it has entered into a strategic partnership with Skipton Building Society to provide portfolio products for customers…
The Scottish Government’s Transport Secretary Michael Matheson is pressing the UK Government to ensure that Scotland’s time sensitive exports like seafood can continue to reach…
Scotland exported £7.2 billion of financial and related professional services in 2017, up 7.4% from 2016, according to the most recent estimates of trade body…
Glasgow-based Smart Metering Systems (SMS) said on Thursday its 2018 revenue increased 24% to £98.5 million but statutory profit before tax fell 70% to £5.4 million….
Shares of Perth-based transport giant Stagecoach rose as much as 13% on Wednesday after the firm raised its annual profit forecast amid a strong performance…
Private equity firm Aliter Capital LLP has brought together Glasgow-based IT firm Boston Networks and North Wale-based Pinacl to create a UK-wide network infrastructure and…
The union Unite Scotland said on Tuesday its membership at Glasgow Airport voted for industrial action over a pay claim for 2019 and proposals to…
The Scottish Council for Development and Industry (SCDI) announced on Monday its new chief executive will be Sara Thiam, currently the Scotland Director of the…
Shareholder rights group ShareSoc has advised Royal Bank of Scotland shareholders to vote against the firm’s remuneration report at the bank’s AGM on April 25….
CYBG plc, owner of Clydesdale and Yorkshire Bank, said it lent more than £2 billion to small and medium sized businesses (SMEs) in 2018. This…
Incomes from commercial farms in Scotland rose 19% to £35,400 in 2017-18, the highest level in six years, according to the latest statistics published by…
The Scottish Government said on Wednesday that record amounts are being spent on research and development, according to its latest statistics. In 2017, Gross Expenditure…
Shares of East Kilbride-based Goals Soccer Centres plc were temporarily suspended on Wednesday at the request of the company “pending clarification of the company’s financial…
Cumbernauld-based Irn-Bru maker A.G. Barr said on Tuesday its evenue rose 5.6% to £279 milliom and profit before tax and exceptional items increased 2.5% to £45.2 million…
Aberdeen-based chartered accountants and business advisors Anderson Anderson & Brown LLP (AAB) said on Monday it has secured a “significant seven figure equity investment” for…
The Scottish Government on Friday published the results of a report it commissioned from the UK Government’s Office for National Statistics (ONS) to carry out…
Heng An Standard Life (HASL), a joint venture between Standard Life Aberdeen and Tianjin TEDA International, has been granted permission to establish a pensions insurance…
Edinburgh-based investment giant Aberdeen Standard Investments (ASI) said it has been appointed investment adviser for £3.6 billion of assets across a range of portfolios on behalf…
The Scottish economy has shown growth for the eighth consecutive quarter. Latest gross domestic product (GDP) figures show the Scottish economy grew 0.3% in the…
A new report by the Scottish Land Commission argues that concentrated land ownership in some parts of Scotland “hampers economic development and causes serious and long-term harm…
Shares of Aberdeen-based engineering and oil services giant Wood plc fell as much as 10% on Tuesday after it reported its 2018 full year results and…
Food and drink exports from Scotland rose 4.9% to a record high of £6.3 billion in 2018, according to the HMRC figures. Whisky accounted for…
The Scottish Government’s innovation minister Ivan McKee said on Thursday that Scotland’s space sector could be worth £4 billion by 2030. McKee outlined the Scottish…
Edinburgh councillors have voted 36 to 26 to go ahead with the extension of Edinburgh Trams from the city centre to Newhaven via Leith Walk at…
UPDATE 2 — Edinburgh-based John Menzies plc, the global airport services firm, said on Tuesday that its CEO Forsyth Black “has decided to step down from…
New Mexico Educational Retirement Board (NMERB) and Aberdeen Standard Investments (ASI) have announced they will work together to invest in small and medium sized companies…
Oil and gas production in the UK increased by more than 4% in 2018, averaging 1.7 million barrels of oil equivalent (boe) per day, according…
More than 100 Scottish Enterprise staff are to be “refocused” to work on helping Scottish businesses prepare for Brexit. With less than three weeks to…
The value of sales in the Scottish residential property market increased by 1.3% to £18.1 billion in 2018, according to new figures released on Tuesday…