The unemployment rate in Scotland has fallen to 4.7% and is now below the UK rate, according to the UK’s Office for National Statistics (ONS). The Scottish employment…

Oil and gas production in Scotland increased by 21.4% to around 70 million tonnes of oil equivalent in 2015-16 and accounted for 81% of the UK total, according…

Troubled Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said on Tuesday it knew of “no operational or corporate…

The UK’s Financial Conduct Authority (FCA) has increased the required minimum level of capital that should be held by Aberdeen Asset Management for regulatory purposes. Aberdeen’s regulatory capital…

Edinburgh Airport enjoyed an increase in passengers of 11.9% in August compared to the same month last year — with 1,296,189 people passing through the airport. The number…

Scotland’s private sector firms hired workers at the fastest rate for 17 months and put their prices up to a 25-month high in August, according to latest…

Shares of oil firm Hurricane Energy soared 53% after it said tests at the Lancaster field west of Shetland showed “a very significant hydrocarbon column.” Hurricane CEO…

Troubled Johnston Press, owner of The Scotsman, the i newspaper and the Yorkshire Post, is facing a showdown this coming week with an activist fund…

The value of rare collectable bottles of Scotch whisky sold at auction in the UK rose 25.4% in the first half of 2016 to a…

Up to three groups are expected to bid for Edinburgh-based UK Green Investment Bank by Monday’s deadline, according to Bloomberg News. Bloomberg said Sustainable Development Capital LLP is leading…

Scottish law firm Shepherd and Wedderburn said its banking and finance practice — the largest in Scotland — reported its busiest ever 12 months and worked on deals worth…

North Sea exploration firm EnQuest said its pre-tax profit rose 51% to $149.7 million on revenue and other operating income down 12% to $391.3 million in the six…

The Scottish Conservatives said the Scottish Government had not discussed its proposed £500 million Scottish Growth Scheme with the UK Treasury despite the plan requiring Treasury approval….

Scotland’s First Minister Nicola Sturgeon on Tuesday unveiled a new £500 million package of financial support for private sector business investment as she set out plans…

Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, said its revenue increased 11% to $49.8 million and profit before tax increased by 10% to…

Thirteen of Scotland’s large business organisations have written a joint letter to the Scottish Government’s cabinet secretary for finance Derek Mackay seeking a reversal of the…

More than 100 new jobs will be created at Falkirk-based bus maker Alexander Dennis Limited (ADL) thanks to Scotland’s largest ever research and development (R&D) grant….

Japan’s government has delivered a stark warning to the UK government that Japanese companies — especially financial and pharmaceutical firms — could leave the UK unless…

Scotland’s financial sector needs to speed up its adoption of Financial Technology — or Fintech —  to avoid a future banking crisis and to create jobs, according…

Fishing and seafood industry groups across Scotland are set to benefit from £11.4 million of European funding to help deliver economic growth, said Rural Economy…

Edinburgh-based global fund manager Standard Life Investments (SLI), which manages assets of about £270 billion, has warned that growth in China could fall as low as…

Edinburgh-based industrial testing firm Exova Group said its adjusted revenue rose 13% to £160.9 million and statutory profit before tax rose 53% to £15.3 million in…

In its plan to complete devolution of Scotland’s £1 billion forestry sector, the Scottish Government is seeking views on its proposals “to keep Scotland’s forests in…

Orkney Islands Council has given a demolition company the opportunity to investigate the potential of Lyness near Scapa Flow as a potential as a base for North Sea…

Oil and gas services company Petrofac said it secured $500 million of new contracts and extensions in the UK North Sea in the six months to June 30…

Scotland’s household wealth grew the fastest in the UK over the past year, according to the latest Barclays UK Prosperity Map. Household wealth in Scotland rose by 13%…

Scotland’s 10% tax on home purchases of more than £325,000 — a rate that applies to purchases over £925,000 in England — is having a detrimental effect in “the middle to higher…

The Federation of Small Businesses (FSB) said funds coming to Scotland from the UK Government’s apprenticeship levy should be spent on vocational skills academies. Such a move…

Scotch Whisky Association (SWA) chief executive David Frost said the industry and the UK government now need to focus on pursuing an ambitious set of new…

Glasgow-based packaging firm Macfarlane Group said revenue in the six months to June 30 rose 3.7% to £81.5 million and profit before tax rose 8.1% to just over £2 million…

The Scottish Salmon Company said its second quarter net operating revenues were £28.5 million, down from £31.2 million in the same quarter last year, as…

Shares of Jersey Oil & Gas soared about 18% after Norwegian multinational Statoil agreed to acquire 70% of a licence in the Outer Moray Firth from Jersey and its…

Pfizer said it agreed to acquire cancer drug firm Medivation for about $14 billion in a move to boost its oncology portfolio. Medivation is best known for…

Up to 70 investment banking customers of Royal Bank of Scotland will have to pay to hold deposits with RBS from Monday when it will become the first UK bank…

Audit Scotland said the Scottish Government and Highlands and Islands Enterprise (HIE) are making good progress in widening access to high-speed broadband — but that…

Murray International Trust chairman Kevin Carter said the £1.55 billion closed end fund benefited hugely from the weakness of sterling in the six months to June…

Employment in Scotland rose by 51,000 to 2,629,000 in the last quarter — the largest quarterly rise on record — according to the UK’s Office for National Statistics…

The Royal Bank of Scotland has terminated a $300 million contract with Indian technology firm Infosys following the announcement last week that RBS will no longer pursue its…

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…

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…

Shares of Edinburgh-based global oil and gas explorer Cairn Energy rose 4.5% after it said an appraisal of its “world-class” discovery off the coast of Senegal had significantly increased so-called “2C”…

The new chairman of Edinburgh-based aviation logistics and news distribution firm John Menzies said it could take up to a year to decide if Menzies should split into two…

Aberdeen-based oil and gas services giant Wood Group said revenue fell 16.6% to £2.56 billion and profit fell 63% to £44.6 million in the six months to…

Edinburgh-based Standard Life Investments has strengthened its Environmental, Social and Corporate (ESG) team with the hiring of Marc Brammer and Sophie Rahm as responsible investment analysts….

Scottish Government finance secretary Derek Mackay said guarantees for UK businesses and universities over EU funding from UK chancellor Philip Hammond fall “far short” of what Scottish…

Royal Bank of Scotland chief executive Ross McEwan told the BBC that the company would probably move its registered headquarters out of Scotland in the…

Edinburgh Airport said it had the busiest ever month at a Scottish airport in July as international traffic from the Scottish capital rose 18.5% on the same…

Dutch insurance and investment giant Aegon, which has large UK operations in Edinburgh, said it would acquire Cofunds — an investment platform for financial advisers — from…

First Minister Nicola Sturgeon announced a raft of measures — including an extra £100 million of funding — to stimulate the Scottish economy in the…

Scottish Building Society said it has strengthened its senior management team with the appointment of Aileen Brown in the newly-created role of finance director. Brown joins…

Strathclyde Partnership for Transport (SPT) said the Glasgow subway will reopen nine days later than planned on Wednesday, August 10 following a major modernisation programme. SPT said essential renewal…

Shares of Edinburgh-based investment, pensions and insurance group Standard Life rose about 5% after it said its half-year operating profit before tax increased by 18% to £341…

Demand for Scottish goods and services in July deteriorated at the fastest pace for nearly four years, according to the latest Bank of Scotland/Markit purchasing managers’…

The UK Government said its Scottish Secretary David Mundell will be in Glasgow on Wednesday to begin a series of meetings with groups from across Scottish society to make…

The Bank of England — the UK’s central bank — said it cut interest rates from 0.5% to a record low of 0.25% and introduced…

Fantasy sports operator FanDuel — based in Edinburgh and Manhattan — welcomed the news that Governor Andrew Cuomo has signed legislation to legalize interactive fantasy sports in New York…

Edinburgh hotels enjoyed strong growth in occupancy and room price in June while Glasgow and Aberdeen had mixed fortunes, according to the latest monthly report from tourism…

The volume of Scottish manufactured export sales fell by 0.5% over the first three months of 2016 as subdued global demand and the impact of lower…

Deficits at the UK’s private sector defined benefit pension schemes have once again soared to record levels as prolonged ultra low interest rates take their…

Real estate firm Savills said it has been appointed by the University of Glasgow as its strategic investment and development advisor on a new five year…

Royal Bank of Scotland (RBS) was one of the worst performing banks in stress tests carried out by the European Banking Authority (EBA). Under the imaginary stress conditions,…

The percentage of the Edinburgh workforce with a degree level qualification or equivalent is higher than any other major UK city, according to the latest ‘Edinburgh…

Clydesdale and Yorkshire Bank (CYBG) said trading in the three months to June 30 was in line with expectations and that it made £1.5 billion of new loans and…

The chief executive of drinks giant Diageo — owner of many Scotch whisky brands including Johnnie Walker, Bell’s, Talisker, Lagavulin and Dalwhinnie — has urged the UK…

Growth in Scotland’s gross domestic product (GDP) is forecast to slow as a direct result of the EU referendum, according to a revised economic commentary…

Glasgow-based engineering firm Weir Group said Keith Cochrane will step down as chief executive after 10 years on the board. Finance director Jon Stanton will succeed Cochrane on October…

The Federation of Small Businesses (FSB) said news that Royal Bank of Scotland (RBS) and its NatWest subsidiary might consider charging business customers to deposit money would be…

Edinburgh Trams are to run every five minutes during morning and evening rush hours to respond to higher demand. The tram line is 14km long and runs from Edinburgh…

Edinburgh’s Festivals attracted audiences of more than 4.5 million in 2015, putting them on a par with the FIFA World Cup. Only the Olympic Games attract…