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Scots tourism jobs up 24,500 to 206,000

The number of people working in Scotland’s tourism sector increased by 24,500 to 206,000 in the five years after the introduction of the National Tourism Strategy in…






Macfarlane H1 turnover up 14% to £102m

Glasgow-based packaging firm Macfarlane Group said its turnover rose 14% to £102 million and profit before tax soared 39% to £3.5 million in the six months…



Dentsu Aegis acquires Edinburgh’s Whitespace

The Dentsu Aegis Network has acquired Edinburgh-based creative agency Whitespace. Financial terms of the deal were not immediately disclosed. The 65-strong Whitespace team will become…








RBS first-quarter profit soars to £792m

Royal Bank of Scotland on Friday reported attributable first-quarter profit of £792 million compared with £259 million for the same period of 2017, beating analysts’…















Green light for Scotland’s largest solar farm

Moray Council has granted planning permission for what will be Scotland’s largest solar farm. Councillors approved Elgin Energy’s development of the 47-hectare Speyslaw site near Urquhart,…








STV revenue up 3% to £120.4m; profit £15.7m

Glasgow-based media company STV Group said its 2016 revenue rose 3% to £120.4 million and statutory pre tax profit rose 60% to £15.7 million amid a growth in its “non-broadcast…


Grand Theft guru leads Krotos investment

Edinburgh-based Krotos, producer of audio products for the entertainment industry, said it secured angel investment in a deal led by Leslie Benzies, former president of Grand Theft Auto…



Man Utd expects £540m revenue; debt at £409m

Manchester United said its revenue rose 18% to £157.9 million in the three months to December 31, 2016, but its net debt jumped 27.1% to £409.3 million. It its outlook, the company…


Holyrood pledges 66% cut in greenhouse gas

The Scottish Government has published detailed proposals of a plan to achieve a 66% reduction in Scotland’s greenhouse gas emissions by 2032. Cabinet Secretary for…


Ex-Saatchi boss Roberts new Beattie chairman

Former Saatchi & Saatchi chairman Kevin Roberts — who resigned from his role last year after he made controversial comments about gender in the advertising industry in an interview…


Office-to-residential conversions rise

Demand for Edinburgh townhouse office-to-residential conversions has surged, driven largely by rising residential prices in Edinburgh’s west end and New Town, according to Shepherd Chartered Surveyors. The firm…



Pound plunges amid hard Brexit fears for UK

Sterling fell to a 31-year-low early on Friday with some traders blaming a “flash crash” that was triggered by computer-generated trading. With fears growing that the UK Government will…



Decommissioning plan for Orkney port

Orkney Islands Council has given a demolition company the opportunity to investigate the potential of Lyness near Scapa Flow as a potential as a base for North Sea…




Wind farm signs Nestlé power deal

A new wind farm in Dumfries and Galloway has signed a 15-year deal to provide power for about half of Nestlé’s operations in the UK &…


Stan Life fund buys Glasgow Art School halls

Standard Life Investments’ Long Lease Fund has paid £17.4 million for Blythswood House, a student accommodation development leased to Glasgow School of Art for 25 years. Blythswood House at 200…


Board changes at Smart Metering Systems

Glasgow-based Smart Metering Systems (SMS) has appointed Macfarlane Group chairman Graeme Bissett as a non-executive director. Bissett will become chair of the SMS audit committee while Miriam Greenwood, who currently…



Scottish Natural Heritage appoints five women

Scotland’s environment secretary Roseanna Cunningham announced Scottish Natural Heritage’s (SNH) new-look board which includes five new female members. SNH said the appointments illustrate the organisation’s drive to meet…


Facebook buys Edinburgh-based Two Big Ears

Facebook has bought Edinburgh-based audio tech firm Two Big Ears for an undisclosed sum. “Two Big Ears has revolutionized how humans hear sound with software,” said…


Macfarlane buys Edward McNeil packaging

Glasgow-based packaging firm Macfarlane Group has continued its acquisition spree with an agreement to buy the packaging business of Edward McNeil Limited. Macfarlane said the deal was…


Beattie turnover up 17% to £8.6m

Marketing, media and PR group Beattie said it generated record profits of £590,000 and grew turnover by 17% to £8.6 million in 2015. Now headquartered in London, Beattie has eight offices across…