STV shareholders in protest vote over bosses’ pay
Almost 30% of shareholders of Glasgow-based media firm STV Group plc voted against the firm’s directors’ renumeration report at the STV AGM on Tuesday. “The company…
Almost 30% of shareholders of Glasgow-based media firm STV Group plc voted against the firm’s directors’ renumeration report at the STV AGM on Tuesday. “The company…
Chrysaor Holdings said on Thursday it will acquire ConocoPhillips’ UK oil and gas business for $2.675 billion. The assets being acquired produced 72,000 barrels of…
Perth-based energy giant SSE said on Thursday it is continuing to work on “future options” for its retail supply arm SSE Energy Services after the…
Planning permission in principle has been granted for a “new town” development including almost 2,000 new homes at Old Craighall, Musselburgh, east of Edinburgh. East…
Assets worth around £1 trillion are moving from London to hubs in the European Union ahead of Brexit, with the number of jobs that could…
UK energy regulator Ofgem said on Tuesday it “is minded” to approve a proposal by SSE’s Scottish and Southern Energy Networks (SSEN) to build a…
UPDATE 4 — Edinburgh-based investment giant Standard Life Aberdeen (SLA) said on Tuesday it won a legal dispute to stop Scottish Widows parent Lloyds Banking…
UPDATE 4 — Edinburgh-based investment giant Standard Life Aberdeen plc unveiled a boardroom overhaul on Wednesday as it reported disappointing 2018 results that showed its…
Scotland’s Constitutional Relations Secretary Michael Russell has warned that a “no deal” Brexit could cost Scotland about 100,000 jobs, more than doubling the unemployment rate. …
Edinburgh-based Aegon UK — which last year apologised for big problems in the migration of Cofunds clients to Aegon — said on Thursday “significant strides” had…
Perth-based energy giant SSE on Friday cut its full-year profit forecast as the suspension of payments from a back-up power scheme hurt its income. A…
Perth-based energy giant SSE said on Friday it agreed to sell a 49.9% stake in its Stronelairg and Dunmaglass wind farms for about £635 million…
Aberdeen-based engineering and oil services giant Wood plc on Monday announced further progress with its $200m non-core asset disposal programme. In December, Wood agreed the…
Edinburgh-based funds platform Nucleus Financial Group Limited on Monday published an update on its assets under administration (AUA) in respect of the 12-month period to…
Edinburgh Airport has recorded the busiest ever year for a Scottish airport with more than 14 million people passing through its doors in 2018. A…
Small and Medium Enterprises (SMEs) across Scotland will be able to access more than £100 million to help them expand and access investment through the…
Perth-based energy giant SSE said on Friday its subsidiary Scottish and Southern Electricity Networks Transmission (SSEN Transmission) has completed the new £1 billion Caithness-Moray electricity transmission…
Figures released on Monday show more than 7.3 million customer journeys were recorded on Edinburgh Trams in 2018 — an increase of 10% on 2017….
Perth-based energy giant SSE plc said on Friday it agreed to sell a 50% share of its SSE Enterprise Telecoms business (SSEET) to Infracapital for up…
UPDATE 2 — The proposed merger of Perth-based energy giant SSE’s retail unit with Innogy subsidiary Npower was scrapped on Monday with the companies saying they were “unable…
Grangemouth refinery operator Ineos confirmed on Sunday it is in talks with ConocoPhillips to acquire its assets in the North Sea — with industry analysts saying…
The UK Government’s proposed Brexit deal is “essentially dead” because of “self-imposed draconian red lines,” according to the Scottish Government’s Constitutional Relations Secretary Michael Russell….
Perth-based energy giant SSE plc said on Wednesday “there is now some uncertainty” as to whether the merger of SSE’s retail unit with Innogy subsidiary Npower can be…
Perth-based energy giant SSE plc said late on Thursday it is in talks with Germany’s Innogy SE about potential changes to the terms of the merger…
There were an estimated 345,915 private sector businesses operating in Scotland as at March 2018 — representing a decrease of 8,830 businesses since March 2017…
Edinburgh-based funds platform Nucleus Financial Group Plc on Friday published a third-quarter trading update which showed assets under administration up 14% to £14.7 billion. However, net flows…
The UK’s Competition and Markets Authority CMA said on Wednesday it decided that the proposed merger between SSE Retail (SSE) and Npower can proceed, following a…
Perth-based energy giant SSE said on Tuesday it is exercising its pre-emption right in the sale of Fluor Ltd.’s 50% share in Seagreen Wind Energy…
North Yorkshire-based power company Drax Group is in talks to buy a number of ScottishPower assets as it continues to diversify away from coal-burning generation. Drax said…
Shares of Perth-based energy giant SSE fell about 8% on Wednesday after it said in a trading update it expects its adjusted operating profit for the…
Edinburgh-based funds platform Nucleus Financial Group Limited on Tuesday announced its inaugural set of interim results as a quoted company, with period end assets under administration rising…
The Competition and Markets Authority (CMA) said on Thursday it has provisionally cleared the merger of SSE Retail and Npower after an in-depth review. Perth-based energy giant SSE…
The 1.5 million passenger barrier has been broken for the first time ever at a Scottish airport as Edinburgh Airport recorded its busiest ever month…
Edinburgh-based asset management giant Standard Life Aberdeen (SLA) said on Tuesday its assets under management and administration slipped to £610.1 billion in the first half of 2018…
UPDATE 4 — RBS said on Friday it is writing to “all remaining eligible UK customers” to provide three months’ notice that the complaints process…
Perth-based energy giant SSE said in a trading statement ahead of its AGM that a combination of “dry, still and warm weather” and persistently high…
Energy regulator Ofgem said on Thursday that Perth-based energy giant SSE has paid £190,000 in compensation to customers over failures following its withdrawal of a…
SSE plc and innogy SE have appointed Gordon Boyd as chief financial officer designate for the new independent British energy supply and services company they…
Energy regulator Ofgem said Perth-based energy giant SSE has agreed to pay £1 million to Ofgem’s consumer redress fund “after providing some pre-payment meter (PPM)…
Perth-based energy giant SSE said on Wednesday it would raise its standard electricity and gas prices — leading to a 6.7% increase on average to a…
Perth-based energy giant SSE said on Friday its adjusted profit before tax fell 6% to £1.45 billion for the year to March 31 amid “complex challenges” and…
Aberdeen Standard Investments (ASI) said it invested more than £44 million in two strategic transactions that increase its total residential assets under management in the…
The UK’s Competition and Markets Authority (CMA) said it has referred the proposed merger of Perth-based SSE Retail and Npower for an in-depth investigation “after…
The Competition and Markets Authority (CMA) said on Thursday it has decided the proposed merger of Perth-based SSE Retail and Innogy subsidiary Npower “warrants further…
The Scottish Government’s Brexit minister Michael Russell said on Tuesday the UK Government’s EU Withdrawal Bill will continue to “enable the powers of the Scottish…
UK Government Investments (UKGI), the body which manages the UK government’s stake in Royal Bank of Scotland, said on Friday it appointed Credit Suisse’s Charles…
Johnston Press — the embattled owner of The Scotsman, the i newspaper, the Yorkshire Post and about 200 local newspapers and websites — said its 2017…
Perth-based energy giant SSE and innogy SE said they appointed Dixons Carphone executive Katie Bickerstaffe to be CEO designate of the new independent British energy…
Perth-based energy giant SSE said on Thursday its plan to demerge its household energy and services business in Great Britain with Innogy subsidiary Npower to form a…
Emergency legislation “to protect Scotland’s devolved powers” has been passed by a margin of 95 votes to 32 by the Scottish Parliament. “The new legislation will…
Perth-based energy giant SSE said on Monday the proposed merger of its household energy and services business in Great Britain with Innogy subsidiary Npower Group plc should…
Houston, Texas-based Oceaneering International, Inc. said one of its subsidiaries acquired Aberdeen-based Ecosse Subsea Limited, the provider of offshore engineering, seabed preparation, route clearance and…
The UK’s Competition and Markets Authority (CMA) said it opened an investigation into whether the proposed merger of SSE Retail and Npower “could significantly reduce…
Edinburgh-based Aegon UK said the acquisition of Cofunds and “exceptional” organic growth has seen the firm add more than £15 billion to take its “platform” assets up…
UPDATE 4 — Shares of Edinburgh-based Standard Life Aberdeen fell about 5% after it was announced it will lose its biggest client. Lloyds Banking Group (LBG)…
Perth-based energy giant SSE raised its full-year profit outlook on Wednesday, saying it expects to deliver adjusted earnings per share in the range of 116p to…
Standard Life Aberdeen said assets under management at its fund management business Aberdeen Standard Investments fell £10.9 billion to £569.7 billion in the nine months to…
About 58% of business owners don’t want the Scottish Government to change income tax rates, while 65% believe an increase would be detrimental to the…
The UK’s Business, Energy and Industrial Strategy (BEIS) Committee has written to the Competition and Markets Authority (CMA) calling for an investigation into the proposed merger between the…
The Scotch Whisky Association (SWA) welcomed the UK Government’s decision to freeze excise duty on spirits in Wednesday’s Budget — but argued that a cut in…
BP said it agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy plc for up…
GMB, the union for energy workers, has called on Greg Clark, the UK’s Secretary of State for Business, Energy and Industrial Strategy, to block the…
Edinburgh-based pensions, investment and insurance firm Aegon UK said on Thursday its platform assets reached a record high of £110 billion in the third quarter and…
The Scottish government said the number of businesses in Scotland is at its highest level since records began. Official statistics show there were 365,600 private…
Perth-based energy giant SSE said it agreed to demerge its household energy and services business in Great Britain with Innogy subsidiary Npower Group plc to…
Perth-based energy giant SSE and German rival Innogy are in talks about merging their UK retail energy businesses to create a listed company that would challenge British…
Shell said it completed the sale of a package of UK North Sea assets to independent firm Chrysaor for up to $3.8 billion. Harbour Energy,…
Scottish Widows owner Lloyds Banking Group (LBG) and Zurich announced a strategic deal under which LBG will acquire Zurich’s UK workplace pensions and savings business…
The value of fish landed by Scottish registered vessels in 2016 increased by 25% in real terms, according to the latest statistics published by the…
Perth-based energy giant SSE said on Wednesday it continues to expect that its total adjusted operating profit for 2017-18 as a whole will be impacted by…