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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…



Burness turnover £53m, but Brexit bites profit

Leading Scots law firm Burness Paull said turnover for the financial year ending July 31 rose 3.9% to £53.3 million –but profit fell 3.4% to £22.6 million as post-Brexit uncertainty…


Copylab expands into Asia

Scottish investment writing, copywriting and marketing communications company Copylab is to launch a new business in Asia with office openings in Hong Kong and Singapore. Copylab Asia…





International expansion for Copylab

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…













Abrdn veteran Piers Currie dies

Former Abrdn long-time executive Piers Currie, who went on to be a founder of specialist consultancy Warhorse Partners, has died. At the then Aberdeen Standard Investments, Currie’s…







Scotland’s housing shortage nears 100,000

Scotland is suffering from a chronic housing shortfall approaching 100,000 new homes as a result of “significant and consistent” undersupply over the last 14 years,…






Diageo opens Johnnie Walker Princes Street

Drinks giant Diageo has opened Johnnie Walker Princes Street, the eight-floor new visitor experience for the world’s best-selling Scotch whisky located at the western end of…


Investment bank Noble hires Goldman, RSM execs

Edinburgh-based investment bank Noble & Co announced two senior appointments to help “increase the firm’s capacity to source prospective deals.” Noble has hired Susi Crawford…



















Wood, Amec win $66m Sellafield contract

Aberdeen-based oil services and engineering giant Wood plc said it won a contract to supply “programmable digital control technologies” to the Sellafield nuclear site in Cumbria….




Cronin Group plans name change to DeepMatter

AIM-listed chemistry company Cronin Group, which has a research relationship with the University of Glasgow, announced a 2017 loss of of £1.46 million after tax and said…


Flybe terminates Loganair franchise agreement

UK airline Flybe announced that its franchise agreement with Glasgow-based Loganair to fly under the Flybe brand has been terminated with effect from August 2017 “following…


Moody’s cuts Johnston Press deep into junk

Moody’s Investors Service has downgraded the bond (debt) ratings of media firm Johnston Press, owner of The Scotsman, the i newspaper and the Yorkshire Post, deeper into…