Business Stream buys Southern Water business
Edinburgh-based Business Stream, a subsidiary of state-owned Scottish Water, said it bought the non-domestic customer base of Southern Water to strengthen its position as it prepares to…
Edinburgh-based Business Stream, a subsidiary of state-owned Scottish Water, said it bought the non-domestic customer base of Southern Water to strengthen its position as it prepares to…
Royal Bank of Scotland has received bids for its Greek ship finance business — with Credit Suisse and China Merchants among the suitors — according to Reuters. Experts…
Energy services company Subsea 7 said it will cut 1,200 jobs — including several hundred in the Aberdeen area — after being forced into a second…
Glasgow-based Smart Metering Systems (SMS) said it signed a “framework agreement” with First Utility as its “preferred domestic smart meter asset provider.” First Utility currently supplies energy to…
A new wind farm in Dumfries and Galloway has signed a 15-year deal to provide power for about half of Nestlé’s operations in the UK &…
Scottish tourist attractions have recorded a 3% rise in visitors, the fourth consecutive year of growth, the Scottish Government said. Association of Scottish Visitor Attractions…
Edinburgh-based fund manager Standard Life Investments has launched an American Equity Income fund to UK-based retail investors. The fund will be run out of the firm’s…
Tesco said it sold Midlothian-based Dobbies Garden Centres to an investor group led by Midlothian Capital Partners and Hattington Capital for £217 million in cash….
Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited’s (EESL) Aberdeen-based fabrication and manufacturing business following the announcement on May 26 that EESL…
The University of Dundee supports more than £740 million of turnover in businesses in Scotland, according to an economic and social impact study carried out by…
The average FTSE 100 company’s defined benefits pension scheme saw its asset allocation to bonds increase to 61% in the year to December 31, 2015, according to recent research by Jardine…
Aberdeen-based transport giant FirstGroup said it will make a joint venture bid for the South Western rail franchise with MTR Corporation (UK), following the assent of…
Shares of Aberdeen-based Faroe Petroleum, the independent oil and gas company, rose more than 5% after it announced an oil and gas discovery in the Faroe-operated…
Shares of Aberdeen-based bus and rail gaint FirstGroup rose at least 9% after it said its statutory profit before tax rose 7.3% to £113.5 million despite revenue…
A report by the UK music industry said £295 million was generated for the Scottish economy from music tourism in 2015. The UK Music report…
The North Sea basin has a “two year transformation window” in which to ensure a strong, productive and profitable future for the oil and gas…
Tennis world number two Andy Murray — who has just reunited with former coach Ivan Lendl — has made three further investments in British start-up firms via equity…
The Scottish Government said it will work with mobile operators to improve coverage throughout Scotland mobile even though such connectivity is officially a matter reserved for the UK Government. The…
Jobs supported by the UK’s offshore oil and gas industry will have fallen by the end of 2016 by an estimated 120,000 since their peak…
There was enough sunshine in May in Scotland to generate 100% of electricity required by an average household fitted with solar PV panels in Aberdeen, Dundee,…
The new £1.35 billion bridge across the Firth of Forth will now open in May next year — not December 2016 as expected –the Scottish government…
A new organisation aimed at generating even more business between Scotland and Ireland has been created. The Irish Business Network in Scotland has been set up at a time when…
The value of residential house sales in Scotland from 2006 to 2016 was £148.2 billion, according to a new report published by Registers of Scotland (RoS)….
Glasgow-based cloud computing firm iomart group said its revenue grew 16% to £76.3 million in the year to March 31 and adjusted profit before tax…
Scotland faces a third consecutive year of slowing GDP growth and the poorest year for economic growth since 2012, according to the latest report from the EY…
Scottish businesses raised £27 million from crowdfunding in the year to September 2015, according to The Scottish Crowdfunding Report 2016. There were 1,263 successful initiatives with the largest campaign raising…
Edinburgh-based investment firm Baillie Gifford has added to its Japanese fund range with the launch of the Baillie Gifford Japanese Income Growth Fund. Baillie Gifford had…
Royal Bank of Scotland said it will not continue as title sponsor of the Six Nations Championship when its current sponsorship deal runs out after the 2017 tournament….
Shares of Edinburgh-based Sigma Capital Group rose about 5% as the rented housing developer announced a new strategic partnership with regeneration firm Keepmoat to deliver 5,000…
Edinburgh-based Business Stream, a subsidiary of state-owned Scottish Water, said it has applied to regulator Ofwat for a supply licence to participate in England’s non-domestic water…
A new newspaper called “24” that hopes to be “The North’s National” — aimed mainly at readers in north west England and south west Scotland — will…
The UK Government’s Secretary of State for Scotland David Mundell on Wednesday travelled to Texas to build links with the US energy industry to help support the…
A United Kingdom vote to leave the European Union “would trigger negative economic effects on the UK, other European countries and the rest of the world”…
Glasgow-based Smart Metering Systems (SMS) has appointed Macfarlane Group chairman Graeme Bissett as a non-executive director. Bissett will become chair of the SMS audit committee while Miriam Greenwood, who currently…
State-owned ferry company Caledonian MacBrayne said on Wednesday that almost half of its 200-mile long network is now live with free wi-fi — and the rest…
The Scottish newspaper industry is worth up to £1 billion a year to the Scottish economy, according to an economic impact survey. Carried out by Edinburgh-based…
The Financial Conduct Authority (FCA) has hired former Investment Association chief executive Daniel Godfrey as a consultant as it gets ready to produce a report on value for money…
East Kilbride-based Goals Soccer Centres has appointed casinos and pubs executive Mark Jones as its new chief executive officer following a turbulent year in which its share…
The Scottish Parliament has voted by 106 to 8 to back the campaign for Scotland and the UK to remain part of the EU. The Scottish…
Edinburgh’s status as a World Heritage Site is worth between £1.2 billion and £1.4 billion, claims a new report. The Edinburgh World Heritage group said…
Dundee-based investment trust company Alliance Trust has appointed former journalist Clare Dobie as an independent non-executive director. The appointment follows a vow made in March by new…
Unite, Scotland’s biggest union, has called for a cross-sector oil and gas summit to “plan for the industry’s survival and growth” after Shell announced it will…
Edinburgh-based Standard Life Investments, one of Europe’s largest real estate investors managing about £18.2 billion of real estate-related assets, has announced some big changes to its…
The chairman of Scottish Land & Estates said landowners in Scotland need to go “the extra mile to show they are part of the fabric of…
Dutch insurance and investment giant Aegon, which has UK operations based in Edinburgh, has announced the sale of £3 billion of annuity liabilities to Legal…
The £2.6 billion Beatrice Offshore Windfarm project in Scotland’s Outer Moray Firth has been given the green light for construction by owners SSE, Copenhagen Infrastructure Partners and…
Aberdeen Asset Management has resisted interest from competitors in Europe and Australia who want to buy the asset manager and plans to remain independent, chief executive officer Martin…
Figures released on Friday showed a mixed performance by the Scottish tourism industry in 2015 compared to the highs of 2014 — but total tourist spending still rose 5% to almost…
Five Scottish local authorities have signed a £700 million partnership deal with recycling and waste management company Viridor. The 25-year agreement will “divert waste from landfill by…
Barclays has arranged a £50 million private placement for the University of Stirling via a sale of unlisted, private securities to institutional investors. The funding for the university…
State-owned CalMac Ferries has won a new £900 million contract to continue operating the Clyde and Hebrides Ferry Services (CHFS) for eight years from October 1,…
Newspaper publisher Johnston Press, owner of The Scotsman and the Yorkshire Post, said on Wednesday that daily print sales of its recently-acquired i newspaper peaked at 297,849…
Edinburgh-based airport services and news distribution company John Menzies said on Wednesday that its chairman Iain Napier “informed the company of his wish to retire” after eight years on the…
Scotch Whisky exports reached £3.86 billion in customs value last year as the industry continued to show strong signs of recovery after a slight decline in recent…
Scottish office workers spend 50% more time preparing for and attending meetings than their counterparts in other parts of the UK — around two working days…
Year-end figures compiled by Highlands and Islands Enterprise (HIE) estimate that 855 jobs are expected to be created or retained in the region as a…
BP said on Monday it has doubled its interest in the Maersk-operated $4.5 billion Culzean gas development in the UK central North Sea after acquiring an additional interest from JX…
Blairs Steading on the Altyre Estate near Forres is to be redeveloped into a new campus for Glasgow School of Art (GSA) in a £2.5 million…
Thousands of Scottish financial sector jobs could be put at risk if the UK left the EU, the UK Treasury indicated on Friday. The Treasury…
The board of Edinburgh-based fund manager Baillie Gifford’s flagship fund — the Scottish Mortgage Investment Trust company — plans to limit to 25% the amount of the…
The Governor of the UK’s central bank said Britain’s economy could fall into a technical recession if the country voted to leave the European Union…
The Crown Office said on Thursday there was “insufficient evidence in law of criminal conduct” surrounding a £12 billion Royal Bank of Scotland sale of…
Scottish-based business incubator network Entrepreneurial Spark, “the world’s largest free accelerator for start-up and growing ventures,” has promoted co-founder Lucy-Rose Walker to the role of CEO. It…
Aberdeen Football Club chairman Stewart Milne has revealed plans for a new £40 million stadium and training facility at Kingsford, west of the city and close…
Royal London said on Thursday it produced a record quarter of new business results for the three months ended March 31, with new life and pensions…
Aberdeen-based FirstGroup has been granted approval by the Office of Rail and Road (ORR) to launch “open access” rail services between London, north-east England and Edinburgh offering an…
First Minister Nicola Sturgeon said on Wednesday she will appoint her new cabinet next week — and will split the role of the Cabinet Secretary for Finance and Economy…
Edinburgh-based savings and investment giant Standard Life said its chief executive Keith Skeoch voluntarily cut his potential incentive plan from 500% of his salary to 400%. Skeoch’s base salary is £700,000,…
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…