Around 58% of employees at Scottish seafood processing businesses are from the non-UK European Economic Area (EEA), according to a new report. This demonstrates how…

LGIM Real Assets (Legal & General) has acquired Atlantic Quay 3, the central Glasgow Scottish court and tribunal building, from the Moorfield Group for £50…

1825, Standard life’s financial planning business, has agreed to acquire Cumberland Place Financial Management Ltd which has assets under advice of £400 million. The acquisition…

Royal Bank of Scotland (RBS) has sold offshore loans held by its Lombard Finance subsidiary to specialist lenders Investec and Shawbrook Bank, according to a…

Edinburgh-based Bachmann & Welser Capital Limited, a provider of trade finance and project finance, announced the completion of an $750 million equity capital raise and additional commitments…

Aberdeen corporate finance expert Tom Faichnie has predicted the Granite City will experience a surge in merger and acquisition deal activity in 2018. Faichnie, managing…

Archangels, the Edinburgh-based business angel investment syndicate, has celebrated its 25th anniversary in 2017 by leading a record level of investment in Scottish early stage…

Grangemouth refinery operator Ineos said it has partially re-started its Kinneil facility following the dramatic shut down of its crucial North Sea Forties Pipeline and the Kinneil…

California Attorney General Xavier Becerra announced a $125 million settlement with the Royal Bank of Scotland (RBS) over misrepresentations about residential mortgage-backed securities sold to California’s…

Grangemouth refinery operator Ineos said it expects to complete the repair of its crucial North Sea Forties Pipeline “around Christmas” and “bring the pipeline progressively back…

Scottish businesses are preparing for their fastest period of growth in nearly four years, according to the latest Royal Bank of Scotland Business Monitor. The…

Spending on business research and development in Scotland exceeded £1 billion in 2016 for the first time ever, according to data published by Scotland’s Chief…

Merger and acquisition (M&A) activity on the UK Continental Shelf (UKCS) has exceeded $8 billion this year “in a clear sign that confidence is gradually…

Passenger numbers and revenue increased over the past year at ferry operator David MacBrayne Ltd (DML), according to the company’s annual report and accounts. DML…

Leith-based Forth Ports said its Port of Tilbury business, London’s major port, submitted an application for a development consent order (DCO) to the UK Planning Inspectorate…

The Fraser of Allander Institute (FAI) said that for many “the big story” of Thursday’s Budget won’t be the tax and spending announcements of the Scottish…

Ineos has declared force majeure on all shipments of crude oil, natural gas and condensates through its North Sea Forties Pipeline System that has shut…

Finance Secretary Derek Mackay has published proposals to reform income tax in Scotland, with plans to introduce a new 19% starter rate of tax, a 21%…

Trade body Oil & Gas UK said the shutdown by Ineos of its North Sea Forties Pipeline System has caused “significant issues” for the industry and that…

Shares of Aberdeen-based oil and engineering giant Wood plc — which recently completed the £2.2 billion acquisition of rival firm Amec Foster Wheeler (AFW) — fell 7%…

The Scottish Government’s chief economist Gary Gillespie has published an updated assessment, helped by advice from the Council of Economic Advisers, on the potential impact…

A report by the UK’s National Audit Office (NAO) on the Edinburgh-based Green Investment Bank (GIB) said the UK government department involved with the bank…

Glasgow-based private equity firm Maven Capital Partners announced its exit from promotional merchandise company SPS (EU) Holdings while “delivering a 3x return on funds invested…

UPDATE 2 — Oil and gas prices soared after Ineos said on Monday it will shut down its Forties Pipeline System, which delivers almost 40% of the…

The new £65 million National Manufacturing Institute for Scotland (NMIS) is to be created at Inchinnan in Renfrewshire, next to Glasgow International Airport. Strathclyde University…

The UK’s financial watchdog has rebutted reports that it avoided publishing a confidential report into Royal Bank of Scotland’s treatment of struggling businesses due to the…

Scotland’s Chief Statistician has published the Estimate of Community Owned Land in Scotland 2017 showing there were 562,230 acres in community ownership as of June…

The Auditor General for Scotland, Caroline Gardner, said in a new report the Scottish Government needs to increase the transparency of its financial reporting on…

Scottish asset management giant Aberdeen Standard Investments announced that its wholly foreign-owned enterprise (WFOE), Aberdeen Asset Management (Shanghai), secured registration as a private securities investment fund manager…

Scotland’s three-time Grand Slam tennis champion Andy Murray has once again invested in early-stage UK businesses as part of his relationship with crowdfunding platform Seedrs. Murray,…

Shares of Perth-based train and bus giant Stagecoach rose 5% after it said its 2018 earnings forecast was unchanged despite first-half revenue falling 10% to £1.8 billion…

Aberdeen City Council said it has been recognised for “a strong institutional framework” and “strong track record of operating performance” by credit rating agency Moody’s,…

Simec Energy, part of Sanjeev Gupta’s global GFG Alliance, said it took a step towards “becoming the UK’s largest provider of renewable energy” by agreeing to…

Stagecoach chairman Brian Souter has criticised the UK pension fund industry for its “lack of faith” in companies and young entrepreneurs and for investing too much of its £2…

RBS said it will close roughly a quarter of its branches — 62 Royal Bank of Scotland branches and 197 NatWest branches — and cut…

Trade group Scottish Engineering said in its latest Quarterly Review that Scotland’s engineering sector continues to report increased orders and output despite the political uncertainty…

Aberdeen & Grampian Chamber of Commerce said contractor confidence in the North Sea and UK Continental Shelf (UKCS) has risen — with almost half being…

Royal Bank of Scotland has closed the “bad bank” it set up to sell unwanted assets nearly 10 years after RBS was rescued in a…

BBC MasterChef: The Professionals 2016 winner Gary Maclean —  a Senior Chef Lecturer at the City of Glasgow College — has been appointed as Scotland’s…

The Co-op and Costcutter Supermarkets Group (CSG) confirmed an agreement that will see The Co-op become exclusive wholesale supplier to CSG and the 2,200 Costcutter, Mace, Simply…

Aberdeen-based mechanical engineering group EnerMech said its 2016 revenues rose by almost £10 million to £263.7 million on the previous year — and forecast that 2017…

Scotland’s smaller businesses turn over almost £300 million per day, according to figures uncovered by the Federation of Small Businesses (FSB). The FSB is urging…

Edinburgh-based aviation logistics and news distribution company John Menzies said in a trading update that it expects “to be able to make a firm announcement” on splitting the…

The UK Government has revived plans to re-privatise Royal Bank of Scotland with the aim of selling £15 billion of shares in the company by…

Trade body Oil & Gas UK welcomed the announcement in the UK Budget that Scotland’s oil and gas industry will benefit from the introduction of a Transferable…

Trade body Oil & Gas UK said the latest oil and gas exploration licence round is a vote of confidence in the UK Continental Shelf. The UK’s Oil…

Grangemouth refinery operator Ineos said it agreed to take a majority share in two exploration licenses in the Northern Gas Fields West of Shetland —…

Southport-based Ludlow Wealth Management has acquired Scottish financial management business Whyte Sharp as it looks to increase its business in Scotland. Ludlow advises clients across…

Aberdeen-based oil and gas services giant Wood Group said it commenced a multi-million dollar contract to act as operating partner of the Scottish Area Gas…

Edinburgh and Newcastle-based Virgin Money said it will enter the banking market for small and medium-sized enterprises (SMEs) starting with a deposit account in January 2018…

Shares of Glasgow-based packaging firm Macfarlane Group rose 6% after it said its profit before tax for 2017 to date “is well above the corresponding…

Shares of Aberdeen-based global bus and rail giant FirstGroup fell for a second successive day on Wednesday following the news on Tuesday that it made a statutory…

Latest quarterly statistics show that the employment rate in Scotland remained unchanged at 75.2% — a near record high and just above the UK average…

The UK Supreme Court has ruled that minimum unit pricing for alcohol, passed by the Scottish Parliament in 2012, can now proceed. The Supreme Court…

The latest Bank of Scotland purchasing managers’ index (PMI) shows the Scottish private sector made a positive start to the fourth quarter as output growth quickened at…

Aberdeen-based Faroe Petroleum, the independent oil and gas company focused on Norway and the UK, said it has mandated Danske Bank, DNB Markets and SEB to…

EU nationals working in Scotland contribute an average of £34,400 each to gross domestic product – more than £4.4 billion a year – according to…

Johnston Press said it has been advised that the requisition notice it received on November 6 from major Johnston shareholder Custos Group AS for a…

Johnston Press announced it received a letter from major shareholder Custos Group AS requisitioning a general meeting of the company’s shareholders. Custos is run by Norwegian…

Mainstream Renewable Power said it finally received the go-ahead for the 450 megawatt, £2 billion Neart na Gaoithe offshore wind farm off the coast of Fife. Work is…

The Scottish Council for Development and Industry announced a number of key appointments to its board — including Scotch Whisky Association CEO Karen Betts and Clyde Blowers…

The Scottish Salmon Producers Organisation (SSPO) said in its latest Scottish Salmon Economic Report that employment in the Scottish salmon farming industry rose 13% to 2,472…

The fund managers who run Edinburgh-based Baillie Gifford’s flagship £6 billion fund, the Scottish Mortgage Investment Trust plc, are making new investments in cutting-edge healthcare companies that…

Edinburgh needs to focus more on opportunities outside its immediate boundaries in order to continue to meet the ever-growing demand for homes, offices and hotels…

Former First Minister of Scotland Alex Salmond has joined a “plot” to “topple” the board and senior management of news publisher Johnston Press, owner of…

Industry trade association Oil & Gas UK hailed two big North Sea deals completed within the past 24 hours as “hugely significant” that point to…

Grangemouth refinery operator Ineos said it completed the acquisition of the North Sea Forties Pipeline System (FPS) and Kinneil Terminal from BP. “The completion of the…

The UK’s petroleum reserves remain at a “significant level” which could sustain production for at least the next 20 years — and beyond that if…

Scotland’s First Minister Nicola Sturgeon has written to UK Prime Minister Theresa May to seek clarity on plans for a transition arrangement as the UK…