Ofgem plan would split up National Grid

National Grid could be stripped of its role managing the UK’s electricity system after the energy regulator Ofgem recommended that “an independent body should lead the…








Glasgow Chemistry Firm DeepMatter in Merck deal

Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, announced that one of its wholly owned subsidiaries has entered into a multi-year, limited-use…




Scottish house prices up 8.6% in past year

The Registers of Scotland said on Wednesday the average price of a residential property in Scotland in November 2020 was £165,703, an increase of 8.6% on November…







Charlotte Street slammed by PR ethics body

The Public Relations and Communications Association (PRCA), the world’s largest professional PR body, has urged Edinburgh-based lobbying company Charlotte Street Partners to rethink its appointment of…












Aberdeen’s Wood wins $120m China contract

Aberdeen-based global engineering group Wood plc said it has secured a contract valued at over $120 million with Sinopec Hainan Refining and Chemical Limited Company…




Martin Gilbert group buys 29% of AssetCo

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…


Souter Investments makes big changes at the top

Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, said on Monday it appointed John Berthinussen and Calum Cusiter as co-managing directors. Andy…



UK funds attract record £8.3bn in November

The UK’s fund industry enjoyed record highs in November 2020 as savers invested £8.3 billion with active funds attracting a record £5.3 billion of inflows and tracker funds…


Tennent’s owner C&C takes stake in Innis & Gunn

Edinburgh-based craft beer company Innis & Gunn has announced a new partnership with Dublin-based C&C Group to sell and distribute Innis & Gunn’s range of beers across the on-trade in the UK and Ireland. Innis…



Nucleus Financial grows assets 8% to £17bn

Edinburgh funds platform Nucleus Financial Group announced its assets under administration (AUA) rose 8.1% to £17.4 billion in the three months to December 31, 2020. Earlier this…





Euan Munro joins BNY Mellon’s Newton as CEO

Newton Investment Management, part of BNY Mellon Investment Management, announced on Wednesday the appointment of former Aviva Investors and Standard Life Investments executive Euan Munro as…