Shares of Glasgow-based packaging firm Macfarlane Group ended Tuesday trading down almost 7% — having been down around 20% at one stage — after it gave…

Edinburgh-based Standard Life Investments’ Hong Kong business has established a strategic relationship with leading Chinese asset manager Bosera Asset Management. The two fund managers have announced the launch of…

The Scottish Council for Development and Industry said there is “a very high level of support” among its members for the UK to remain a proactive member of…

More than £1 billion of Scotch whisky exports could be at risk for an industry that supports 40,000 jobs if the UK leaves the EU, according to…

Aberdeen-based energy services Wood Group has won two three -year contracts valued at over $140 million to deliver technical services and expertise to an unnamed international oil…

Scottish Building Society announced financial results for the year ended January 31, 2016, showing its savings balances increased 3.1% to £342.1 million and that total assets…

BT said on Thursday its broadband and telephone business Openreach and its EE mobile phone network would between them spend £6 billion to extend superfast broadband…

Aberdeen-based oil and gas services giant Wood Group has been awarded a three year contract extending its work with Shell’s eight UK Continental Shelf offshore assets,…

The Royal Bank of Scotland chairman told the company’s annual general meeting that the EU referendum is “generating additional uncertainty” for the UK economy and that…

Scottish law firm Aberdein Considine said it will merge with Glasgow solicitor estate agent A&S Ireland. The combined businesses, which will trade under the Aberdein Considine brand, will…

Challenger bank Virgin Money said it grew its gross mortgage lending by 30% to a record £2.1 billion in the first quarter of 2016 compared to the same period last year….

Aegon has agreed to acquire BlackRock’s UK defined contribution platform and administration business to strengthen its position in the UK workplace savings market. Aegon said it will acquire £12 billion…

Edinburgh-based pensions and investment firm Standard Life said it agreed to acquire AXA Portfolio Services Limited — which trades as Elevate — to further strengthen its position as a platform provider…

Edinburgh’s new tram system, which connects the city centre to Edinburgh Airport on the western edge of the Scottish capital, has boosted demand for business…

Glasgow-based Collagen Solutions, a manufacturer of medical grade collagen biomaterials, appointed Jamal Rushdy as chief executive officer to succeed Stewart White, who has moved to the post of chief…

British Airways said it will start new daily flights between Heathrow and Inverness on May 3. It will operate an Airbus A319, with up to 143 seats, on the…

The average FTSE 100 firm’s defined benefits pension scheme saw its asset allocation to bonds increase from 56% to 59% in the year to September 30, 2015, according…

The collective deficit of the UK’s private sector defined benefit pension schemes has grown to £294 billion from £262 billion in the past year, with funding levels falling from 83%…

A NatWest real estate report on “Building Momentum: The Northern Powerhouse” said the economic success of the North of England depends on collaboration, innovation and…

A Miami seafood company has been sentenced to three years of probation and fined $50,000 for falsely labeling salmon as a “product of Scotland.” The US Attorney’s Office…

Glasgow-based engineering firm Weir Group said on Thursday its strong cost reduction measures helped it deliver first quarter profits slightly ahead of expectations, despite a significant reduction in…

What would David Hume say on the subject of whether the UK should remain part of the EU? Well, we’ll never know — but the great Scottish philosopher…

Dundee-based publisher DC Thomson won three awards at Wednesday night’s newsawards in London. Nominated for three awards at the event, which recognizes the best in news…

Aberdeen-based oil and gas services giant Wood  Group has won a $500 million five year contract with BP-operated projects to deliver services to eight platforms in…

Royal Bank of Scotland has appointed Mark Bailie as its chief operating officer with “responsibility for operations, payments business, shared services, bankwide simplification and the…

Shares of Perth-based international transport group Stagecoach fell 3.6% after it warned in a trading statement that the outlook for the UK rail industry “is more…

Scottish law firm Shepherd and Wedderburn said it acted alongside Allen & Overy on a £6.1 billion securitisation of residential UK mortgages by US investment firm Cerberus…

Aberdeen-based transport giant FirstGroup said its bus division has ordered 305 new vehicles worth £70 million — and that 204 of the buses will be made by…

Scotland’s Highland and Islands Airports Ltd (HIAL) said it handled more passengers than ever in the last financial year. HIAL said it handled 1,437,625 passengers in 2015-16…

ScottishPower, a subsidiary of Basque group Iberdrola, has been fined £18 million after an investigation by UK energy market regulator Ofgem into the Scottish firm’s “complaint resolution, call…

Livingston-based photonic technology company Optoscribe — founded in 2010 as a spin out business from Heriot-Watt University — has received £1.2 million in investment. The fundraising was led by…

Strathclyde Partnership for Transport (SPT) said the latest stage of its Glasgow subway modernisation programme will require the suspension of subway services for four weeks from Saturday July…

Scotmid said its trading profit for the year ended January 30, 2016, rose £200,00 to £5.7 million as its turnover fell £12 million to £371 million. Scotmid chief executive John Brodie said…

Aberdeen-based energy services giant Wood  Group has won a five year $150 million contract extension from Nexen — extending a deal that has been in place since April…

An All-Party Parliamentary Group (APPG) of MPs alleged on Wednesday that ScottishPower sustained and sought to cover up a “cashback mis-selling” scandal that cost 625,000 consumers across the UK more than £75 million….

Edinburgh-based airport logistics and news distribution company John Menzies — under shareholder pressure to split into two companies — said on Monday that chief financial officer Paula Bell will…

Aberdeen Asset Management has appointed Martin Jennings to the newly created role of Head of Aberdeen Digital, a distinct division within the firm. Jennings will be responsible…

Aberdeen Asset Management has acquired The Hub, an 84 unit residential development in Harrow on the Hill, noth west London, as part of a move to…

Leaving the European Union would reduce flows of foreign direct investment (FDI) into the UK by more than 20%, damaging productivity and lowering people’s incomes,…

Aberdeen-based energy services giant Wood Group said Richard Howson, chief executive of construction company Carillion, will join Wood Group as a non-executive director on May 12, 2016….

Greencoat UK Wind, the renewable infrastructure fund invested in seven Scottish wind farms, has announced a proposed sale of up to 300 million new shares to raise…

Scotland’s economy is “on a knife edge between growth and recession” and the Scottish Government needs to put growth at the centre of its plans for the next…

The Bank of England’s monetary policy committee (MPC) warned on Thursday that uncertainty around the EU referendum has begun to weigh on “certain areas of activity” in the…

Standard Life wants to buy Elevate, Axa’s platform for helping independent financial advisers manage clients’ investments, according to Bloomberg News. Axa, France’s largest insurer, is…

Aberdeen Asset Management chief executive Martin Gilbert has told Fund Strategy that “I’ve got a few more years in me” as the boss at the fund…

Mull-based Inverlussa Marine Services, in a joint venture with Mainprize Offshore Ltd, has won a multi million pound contract to provide offshore support during construction of…

Edinburgh-based tidal power company Atlantis has agreed to sell a minority stake in its Tidal Power Scotland Ltd (TPSL) company to Belgian firm DEME. DEME…

University of Glasgow said it has taken possession of the city’s former Western Infirmary site in a milestone that will enable the proposed £1 billion investment in the…

Tesco is drawing up plans to sell loss-making businesses including Midlothian-based Dobbies Garden Centres in order to focus on core operations, according to Sky News. Sky News said…

Perth-based transport giant Stagecoach Group on Monday announced new vehicle orders worth £97 million. A new fleet of 480 vehicles, many equipped with free wifi, will…

Goldman Sachs-backed pension buyout specialist Rothesay Life has agreed to buy £6 billion of annuities from Scottish Equitable plc, the UK subsidiary of Dutch insurance and investment giant Aegon…

Glasgow-based brewery and restaurant entrepreneur Petra Wetzel has launched an investment fund called West Women to provide seed capital and financial assistance to emerging female…

Scottish Government officials have written to all local authorities in Scotland asking them to carry out any necessary checks on the safety of their school buildings…

Scotland’s public sector should have a target of directing 10% of its spending power towards firms with fewer than 10 employees, said the Federation of Small Businesses…

The University of Glasgow has signed a Memorandum of Understanding (MOU) with the Smithsonian Institution in Washington DC to formalise a relationship that goes back more than…

Bellshill-based Wireless Infrastructure Group (WIG ) has announced a £75 million investment from 3i Infrastructure that values WIG at £300 million. WIG builds and operates communication towers…

Edinburgh-based beer company Innis & Gunn is buying Perth-based Inveralmond Brewery with the acquisition entirely funded by £3.1 million of capital raised through the Innis & Gunn BeerBond…

The Investment Association (IA) — the trade group for the UK fund management industry — said it appointed Chris Cummings as chief executive. Cummings joins the IA, whose members…

Edinburgh Council has sold its prestigious Atria office development in the heart of the capital’s financial district for £105 million to Deka Immobilien, a real estate…

Aberdeen-based oil and gas services giant Wood Group said it acquired SVT Engineering Consultants (SVT) based in Perth, Australia in what it desribed as a “significant step…

Opposition party leaders are asking why an agreement signed two weeks ago between Scotland and China that could lead to £10 billion of infrastructure investments was not immediately…

Aberdeen-based oil and gas services giant Wood Group has been awarded a two year contract extension with TAQA in the North Sea. Under the contract,…

Perth-based energy giant SSE said it closed a deal to transfer its 80% ownership stake in the Machrihanish-based Wind Towers Scotland (WTS) factory to CS Wind,…

Growth in Scotland slowed during the first quarter of this year, according to the first Royal Bank of Scotland Business Monitor. The research for the monitor,…

Scotland’s digital technologies industry enjoyed strong growth in 2015 and confidence remains high for the year ahead, according to new research by trade body ScotlandIS. But…

Royal London said on Thursday its 2015 operating profit rose 11% to £244 million, lifted by a steep rise in new business. The UK’s largest mutual life, pensions and…

A study by BiGGAR Economics has found that Edinburgh Airport contributes nearly £1 billion to the Scottish economy every year and supports more than 23,000 jobs. The…

The European Investment Bank (EIB) said it has agreed to provide £500 million to support a major expansion of the electricity transmission network in the north…

Scottish investment writing, copywriting and marketing communications company Copylab is to expand internationally by opening an office in Boston, Massachusetts to serve the asset management industry in…

Ineos has announced that a second manufacturing unit at its Grangemouth KG ethylene plant has been brought back to life eight years after being mothballed. Ineos said it…