Smart Metering Systems appoints Gail Blain as CFO
Glasgow-based Smart Metering Systems plc (SMS) announced that Gavin Urwin will step down as chief financial officer (CFO) and as an executive director of SMS…
Glasgow-based Smart Metering Systems plc (SMS) announced that Gavin Urwin will step down as chief financial officer (CFO) and as an executive director of SMS…
By Mark McSherry — Grant Thornton’s Scotland Limited report for 2022 shows that Scotland’s top 100 private limited companies make aggregate turnover of £28 billion, employ 132,000…
Student startup firms from the University of Edinburgh have secured over £30 million in combined investment over the last year, nearly three times the amount…
Standard Life, part of Phoenix Group, said it has concluded a £1 billion Bulk Purchase Annuity (BPA) transaction covering 13,000 members of the WH Smith…
Norway’s Equinor has submitted plans to UK regulators for the development of Rosebank, a major oilfield west of Shetland which would start production in late…
Offshore Energies UK (OEUK) announced on Friday that its chief executive Deirdre Michie will step down at the end of 2022 after almost eight years…
Leeds-based JMG Group said it has acquired Scotland’s largest independent insurance broker GS Group, subject to FCA approval. The deal represents JMG Group’s second acquisition…
Shepherd Chartered Surveyors announced it has been appointed by the joint administrators of Countesswells Development Limited (CDL) to market a massive 3,100-home development site west…
A £30 million transformation programme has been unveiled by Bruntwood SciTech after it acquired Glasgow’s Met Tower — the old City of Glasgow College building —…
The UK’s Pension Protection Fund (PPF) announced that its investments in forestry have grown 20% over the last year to reach £1 billion. Last year the…
Standard Life, part of Phoenix Group, said it has concluded a £175 million bulk purchase annuity (BPA) transaction covering all 2,000 members of the Findel…
Hymans Robertson, the pensions and financial services consultancy, has promoted six executives to partner in its Glasgow and London offices. The company said Shirley Brown,…
The Scottish Association of Landlords (SAL) has said the Scottish Government “must dump damaging rhetoric criticising private landlords” and instead encourage investment in the sector…
Glasgow-based Smart Metering Systems plc (SMS) has announced that CEO Alan Foy will step down as chief executive officer and as an executive director of SMS…
Baillie Gifford’s £1 billion Schiehallion Fund was the best performing investment trust of 2021 with a price total return of 103.3% as private equity trusts dominated…
Edinburgh has 19 of Scotland’s 25 most expensive streets, according to a new report from Bank of Scotland based on Registers of Scotland data. Regent Terrace…
Kintore, Aberdeenshire-based oil and gas pipeline specialist STATS (UK) Limited announced that its shareholders agreed to sell the company to SRJ Technologies Group plc (SRJ)…
The independent Scottish Fiscal Commission said on Thursday it expects a strong economic recovery in 2021-22, with Scottish GDP growing by 10.4% and economic activity…
Zetland Capital Partners LLP, a London based private equity firm, has announced its funds have agreed to acquire the 338-bedroom Macdonald Manchester Hotel and the…
Bradford-based supermarket giant Morrisons has announced it will become the first supermarket to own its own recycling operations through the acquisition of a significant stake…
Standard Life, part of Phoenix Group, has concluded a £130 million bulk purchase annuity transaction covering all pensioner and deferred members of the PerkinElmer (UK)…
A new strategy to secure a £4 billion share of the global space market for the Scottish economy has been published by the Scottish Government….
The Scottish Investment Trust plc (SCIN) announced on Wednesday it plans to give up on its in-house management team and independence and combine with the JPMorgan…
A newly formed group of big companies with major a footprint in Scotland have joined forces to launch a new climate action initiative ahead of…
Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, has announced five new appointments to its bulk purchase…
Edinburgh-based Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society (SMWS), said on Thursday its first-half revenue increased 20% to £7.9 million in…
Glasgow-based Smart Metering Systems plc (SMS) said on Monday it will seek to raise around £175 million by selling stock in a share placing and has…
Babcock, the international aerospace, defence and security company, announced it has completed the sale of its oil and gas aviation business to CHC Group, LLC…
The Scottish Government said on Friday it has agreed to work with the Scottish Green Party Parliamentary Group over the next five years. This agreement…
The Scottish National Investment Bank has committed £50 million over five years to the creation of new woodland and forestry management in Scotland. As a…
Pension funds in the UK have been urged by prime minister Boris Johnson and finance minister Rishi Sunak to provide an “investment big bang” by…
Shares of Martin Gilbert’s investment firm AssetCo plc fell about 15% on Thursday to around £17.50 as it announced its intention to conduct a placing of…
Karen Betts, chief executive of the Scotch Whisky Association (SWA) since May 2017, is leaving her role to become chief executive of the UK’s Food…
Rural property consultancy Galbraith has said the demand for land “for natural capital and rewilding” is boosting the market for Scottish estates, alongside the desire…
Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, rose about 4% on Thursday as it published a trading update for…
Aegon Asset Management said on Wednesday it has closed its UK Property Income and Property Income feeder funds after failing to raise sufficient cash to…
The Eden Project said on Friday it has signed a memorandum of understanding with the owners of its preferred site for Eden Project Dundee and…
Glasgow-based Smart Metering Systems (SMS) said on Monday that its chief financial officer David Thompson will leave the group on March 31, 2021, “to pursue another…
Permanent staff appointments across Scotland rose during January, ending an 11-month sequence of decline, according to the latest Royal Bank of Scotland Report on Jobs….
AGS Airports Ltd, which owns Aberdeen International, Glasgow and Southampton airports, has announced big changes to its executive committee. AGS Airports is jointly held by…
Aberdeen Standard Investments (ASI) announced that Katie Trowsdale has been promoted to the Head of Multi-Manager Strategies, the fund of fund arm of its Multi…
London-listed investment vehicle AssetCo plc said on Monday that a “concert party” of Martin Gilbert, Peter McKellar, various associates and funds managed by Toscafund Asset…
Edinburgh-based international oil and gas company Cairn Energy said on Thursday it will pay a special dividend of 32p per share amounting to $250m as it…
Edinburgh-based international oil and gas company Cairn Energy said on Friday that director Nicoletta Giadrossi will be appointed non-executive chair of the company with effect from…
The executive chairman of Edinburgh-based airport services giant John Menzies plc said on Tuesday the firm will emerge from the COVID-19 pandemic “as a smaller but…
Leeds-based property investor and car park operator Town Centre Securities (TCS) said on Monday it sold four retail properties in Scotland and London for a…
Consultants Wood Mackenzie on Wednesday published a comprehensive roadmap for the North Sea’s future to the Oil & Gas Technology Centre (OGTC) in Aberdeen. The plan sets…
A new report carried out for Scotland’s Rural College (SRUC) has “defined and detailed” for the first time the value of the “natural economy” to…
Diageo, makers of Johnnie Walker, announced on Monday it has created “the world’s first ever 100% plastic free paper-based spirits bottle, made entirely from sustainably sourced…
Investment firm Quilter said it hired Bambos Hambi from Aberdeen Standard Investments to be chief executive officer of Quilter Investors. London-based Quilter manages investments of…
Glasgow-based Smart Metering Systems (SMS) on Tuesday confirmed its revised dividend policy, saying it will pay 25p per share for the year to December 31,…
The FTSE 100 index of major company shares in London has posted its biggest quarterly fall for more than 30 years amid the coronavirus crisis….
A patient has been diagnosed with coronavirus (COVID-19) in Scotland — the first case confirmed in the country. The patient is a resident of the…
Shares of Scottish companies listed on the FTSE outperformed the FTSE 350 and All Share indices in 2019 — but Alternative Investment Market (AIM) firms…
Shares of Edinburgh-based international oil and gas company Cairn Energy edged higher on Wednesday after it said it took a final investment decision (FID) on…
Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, have risen about 15% in the past few days thanks to…
Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…
Glasgow-based housebuilding firm Mactaggart & Mickel said on Tuesday its turnover rose £2.4 million to £84.7 million in the year to April 30, 2019. Profit…
Scottish FTSE-listed company shares have gained 6.81% in the first nine months of 2019, against the FTSE All Share’s 10.39% rise, according to the latest…
Shares of Scottish companies listed on the main FTSE stock market ended June 9.5% higher than they started the year, compared to a rise of…
UPDATE 3 — Swiss Re announced on Thursday the suspension of its plans for a $4.1 billion initial public offering (IPO) of UK life insurance…
Troubled East Kilbride-based Goals Soccer Centres plc said on Tuesday it is in the process of engaging Deloitte LLP “to work alongside its current advisors…
Total and partners including China’s CNOOC have made a significant new gas discovery off the coast of Scotland at the North Sea Glengorm prospect about…
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…
A stock market sell-off across Britain’s financial markets this week wiped roughly £3 billion off Royal Bank of Scotland’s stock market value amid uncertainty around the viability…
Shares of Edinburgh-based international oil and gas company Cairn Energy rose about 6% on Thursday after it said its “development and exploitation plan” for the SNE…
Norway’s Equinor said it agreed to buy Chevron’s 40% stake in the Rosebank oilfield west of Scotland’s Shetland Islands for an undisclosed sum. Rosebank is one…
French oil and energy group Total said on Monday it made a major gas discovery on the Glendronach prospect, located off the west coast of…
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…
Newcastle and Edinburgh-based Virgin Money, which is being bought by Clydesdale and Yorkshire Bank owner CYBG for around £1.7 billion, said on Thursday its underlying profit before…