Irn-Bru Firm Barr: revenue to fall but profit ahead
Cumbernauld-based Irn-Bru maker A.G. Barr said in a trading update on Tuesday its revenue for the year ended January 24, 2021, is expected to fall about…
Cumbernauld-based Irn-Bru maker A.G. Barr said in a trading update on Tuesday its revenue for the year ended January 24, 2021, is expected to fall about…
Scottish salmon producers have called for the creation of a “cross-border” government task force to solve the post-Brexit export problems experienced by seafood businesses this year. Tavish…
New data on Edinburgh area house prices from ESPC shows the top location by average selling price in 2020 was the Merchiston area of the…
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…
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…
Edinburgh-based investment giant Standard Life Aberdeen (SLA) said on Monday it has made three senior appointments in its global leadership team and that Julie Scott,…
The Scottish Environment Protection Agency (SEPA) has provided a further update on the ongoing ransomware cyber attack which has hit theorganisation since Christmas Eve. SEPA…
The UK’s public sector net debt rose £333.5 billion in the first nine months of the financial year to reach £2.13 trillion at the end…
Investment in Scottish commercial property fell about 42% to £1.2 billion in 2020 — from £2.074 billion in 2019 — as lockdown measures and economic…
Edinburgh-based investment giant Standard Life Aberdeen Plc has told its roughly 6,000 employees that some of them will not get a bonus this year. The…
The latest UK Dividend Monitor from Link Group shows that UK company dividends fell 44% to £61.9 billion in 2020, or 38.1% to £61.1 billion…
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…
Shares of Glasgow-based mobile power giant Aggreko plc rose about 6% on Wednesday after it published a trading update saying it expects to deliver profit before…
Edinburgh-based international oil and gas company Cairn Energy said on Wednesday it ended 2020 sitting on a cash pile of $570 million and that it…
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…
Seafood exporters hit by Brexit red tape will be able to claim up to £100,000 compensation each after the UK government announced funding of up to…
Aberdeen-based global engineering group Wood plc said on Tuesday it entered into a new agreement with Spirit Energy “to partner on the delivery of late…
By Mark McSherry The £808 million Baillie Gifford US Growth Trust plc said on Monday its share price and net asset value (NAV) returned 50.8% and…
The Scotch Whisky Association (SWA) said on Monday that cutting tax on Scotch Whisky and other spirits in the UK Budget could give UK finance…
A new report from the University of Strathclyde’s Fraser of Allander Institute has outlined the strength of Scotland’s pharmaceutical industry and its value to the Scottish…
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…
Scottish fishermen are making a 72-hour round trip to land fish at auctions in Denmark as the only way to guarantee that their catch will get…
Copenhagen Infrastructure Partners (CIP) is selling its 35% stake in the Beatrice offshore wind farm off the Caithness coast to The Renewables Infrastructure Group (TRIG) and…
The Scottish Environment Protection Agency (SEPA) has confirmed it is “continuing to respond to an ongoing ransomware attack likely to be by international serious and…
The Association of Investment Companies (AIC) — which represents the £229 billion investment trust industry — said Elisabeth Scott has been voted chair of the AIC. The…
Heng An Standard Life (HASL), a joint venture between Standard Life Aberdeen and Tianjin TEDA International, has been granted the final approval to launch pension…
The Scottish Salmon Producers Organisation (SSPO) said it is supporting calls by Seafood Scotland for a “derogation” — a relaxation — of new EU exporting…
Shares of Aberdeen-based global engineering group Wood plc fell about 3% on Thursday after it said it expects 2020 revenue to fall about 23% to…
Shares of Glasgow-based media firm STV Group plc rose about 15% on Wednesday after it said in a trading update it expects operating profit for the…
A strong final quarter of 2020 saw shares in listed Scottish companies outperform the wider FTSE and AIM All Share indices as they soared 29.61%…
Aggreko, the Glasgow-headquartered global provider of mobile energy services, has announced an upgrade of its production facility in Dumbarton with an investment of £4.5 million….
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…
Shares of John Menzies plc, the Edinburgh-based global airport services business, rose about 8% on Tuesday after it published a trading update for the year…
Edinburgh’s office market proved resilient in 2020 with take-up nearing 500,000 sq. ft. and demand remaining strong, according to analysis from Knight Frank. The commercial…
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, 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…
Many Scottish fishermen have stopped exporting to European Union markets because post-Brexit bureaucracy has broken the system that used to deliver fresh langoustines and scallops…
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…
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…
The average selling price of homes in Edinburgh, Lothians, Fife and the Borders increased 8.1% year-on-year to £269,542 in the final three months of 2020,…
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…
Edinburgh-based investment giant Baillie Gifford has appointed Josie Bentley as a co-manager of its top-performing £2.3 billion Baillie Gifford European Fund, joining existing managers Stephen…
Shares of Glasgow-based temporary power giant Aggreko plc rose about 4% on Wednesday after it announced it agreed contract revisions with The Tokyo Organising Committee…
UK fund manager River and Mercantile Group plc (RMG) said on Wednesday that former Standard Life Aberdeen co-CEO Martin Gilbert has today joined its board as deputy…
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…
Ireland’s debt agency said it raised almost a third of its 2021 fundraising target on Tuesday by selling €5.5 billion of 10-year bonds at a…
Fund research giant Morningstar has announced that Edinburgh-based Baillie Gifford’s £17.5 billion flagship fund Scottish Mortgage Investment Trust was its best-performing trust of 2020, having achieved…
Shares of Edinburgh funds platform Nucleus Financial Group fell about 10% on Tuesday following the announcement late on Monday by IntegraFin Holdings plc that it “does…
The three biggest trading venues in London that handle European shares saw almost all of this business move into the European Union on Monday, the…
Aviva Investors said on Monday that Euan Munro is to step down as its CEO after seven years and “will take up a role outside of…
Funds managed by Edinburgh-based investment giant Baillie Gifford have dominated the list of top 10 performing portfolios for 2020, according to data from FE Analytics. Four…
Aberdeen-based bus and rail giant FirstGroup plc said on Thursday it made three property disposals for $137 million as part of its programme to rationalise Greyhound’s…
The Scottish Parliament has rejected the UK Government’s Brexit trade deal with a margin of 92 votes to 30, with all parties except the Scottish Conservatives supporting…
Archangels, the Edinburgh-based business angel investment syndicate, said it led investments of £16.3 million in Scottish start-up and early stage companies in 2020, topping its 2019…
The Brexit fisheries deal negotiated by the UK Government “will mean a fall in the quantity of key fishing stocks” landed by the Scottish fleet,…
Residential property values in Edinburgh increased by 1.7% in the three months to December — making it the strongest fourth-quarter performance in more than 10…
Scotland’s salmon farmers, producers of the UK’s biggest food export, are demanding seafood consignments at Channel crossings are given priority by the UK Government. The…
The Scottish Government has urged Scottish businesses to ensure they are aware of the latest Brexit advice ahead of the EU transition period ending at…
The Scottish Environment Protection Agency (SEPA) confirmed on Thursday that it is responding to a “significant and ongoing cyber attack” affecting its contact centre and…
Scotland’s First Minister Nicola Sturgeon said on Thursday night the “hard” Brexit deal announced by UK Prime Minister Boris Johnson appears to have broken major…
Shares of Alva-based Omega Diagnostics Group rose as much as 20% on Thursday after it said its partner Mologic Ltd has received CE Mark (Conformité Européenne)…
Shares of Edinburgh-based international oil and gas company Cairn Energy rose about 20% on Wednesday after it said the tribunal established to rule on its claim…
The UK’s Office for National Statistics (ONS) said on Tuesday that public sector net debt rose by £301.6 billion in the first eight months of…
Scotch Whisky firm William Grant & Sons — maker of Glenfiddich and The Balvenie — reported turnover growth of 7.5% to £1.425 billion and profit growth…
Glasgow-based global engineering giant Weir Group said on Tuesday the sale of its oil and gas division to Caterpillar Inc. for an enterprise value of $405…
SSE plc, the Perth-based renewable energy and networks giant, said on Tuesday it agreed to sell its portfolio of gas exploration and production (E&P) assets…
Australia-based Scotgold Resources, the gold exploration and production company focused on Scotland, on Monday reported “further good progress” at Cononish, Scotland’s first commercial gold mine. “Scotgold…
Edinburgh-based investment giant Baillie Gifford said it has launched a UK open-ended investment company (OEIC) version of its successful Dublin-registered Health Innovation fund “to invest in…
Edinburgh and Manchester-based rented housing developer Sigma Capital Group said on Monday it signed a new collaboration agreement with Countryside Properties plc, its principal home building…
The Scottish Government said on Monday the hydrogen sector will receive £100 million over the next five years “to support a green recovery and Scotland’s…