North Sea exploration firm EnQuest has denied it is in any “company-specific discussions” with the UK Oil and Gas Authority (OGA) over contingency plans to tackle the risk…

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…

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…

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,…

Aberdeen-based oil and gas engineering services company Plexus Holdings said it raised $5 million via a discounted issue of 6.76 million shares to Russian equipment manufacturer Gusar. Plexus said…

Average rents in Scotland’s private rented sector recorded a 2.1% year-on-year growth in the first quarter of 2016 to £767 per month, according to the latest Citylets quarterly…

Scottish GDP grew by 0.2% during the fourth quarter of 2015, according to statistics announced today by Scotland’s chief statistician. The latest Gross Domestic Product…

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…

The Scottish Government has granted consent for the construction and operation of a gas fired combined heat and power (CHP) plant at BP Kinneil Terminal in…

Edinburgh-based oil and gas explorer Cairn Energy said on Tuesday it has added 20% to its resource estimate for its oilfield off the coast of Senegal…

Scotland had a deficit of £14.9 billion — 9.7 per% of gross domestic product (GDP) — in the financial year 2014-15, compared to a deficit for the…

Aberdeen-based oil and gas services company Wood Group said on Tuesday it suffered a sharp decline in revenue and profit in 2015 as low oil prices and…

Aberdeen-based Wood Group PSN said it plans to reduce the rates paid to a third of its UK-based limited company contractors by an average of 9 per…

Forth Ports said it plans to make the “largest investment in the history of the Port of Dundee” by investing more than £10 million to create a new…

Aberdeen-based Faroe Petroleum, the independent oil and gas exploration company active in the UK and Norwegian continental shelves, said it had a year of growth and progress in 2015 despite…

Shares in Aberdeen-based oil and gas engineering firm Plexus Holdings fell more than 40% on Monday morning after it said a slowdown in planned activity by its customers…

Aberdeen-based energy services giant Wood Group has won a new contract with PetroRio to deliver services to the Polvo A platform in the southern Campos basin, about 100…

Oil & Gas UK chief executive Deirdre Michie (pictured) has welcomed the first rise in UK oil and gas production for more than 15 years —…

North Sea oil and gas doyen Ian Wood believes the next few years will be the industry’s toughest — with up to 10,000 job losses in…

Statoil said on Wednesday it will delay the start up of the $7 billion Mariner field in the North Sea — the biggest field development…

The UK government said it has reached a “new agreement” with the European Union — a deal that covers fishing, defence, trade and energy. A…

Aberdeen-based NCIMB, a microbiology services provider and owner of the UK’s largest industrial, food and marine bacterial culture collection, has secured £1.7 million investment from…

Investors withdrew a net £1.19 billion from UK-focused funds in March, taking the total year-to-date withdrawals to £3.48 billion, the worst calendar quarter on record…

Edinburgh city centre, which includes desirable locations including Stockbridge, Old Town and Tollcross, saw its average house price rise to £352,568 in the January-March quarter,…

The majority of the Sleat Peninsula in the south of the island of Skye — about 19,208 acres — has been put up for sale at…

Smaller businesses in Scotland are the most likely to say they struggle to access finance among the UK’s devolved nations, according to new research from…

A public-private agreement has been reached to help expand operations and attract new investment at the Port of Montrose. A Scottish Enterprise grant of £3.2…

Global Ports Holding Ltd (GPH), the world’s largest cruise port operator, has signed a 50-year lease agreement with Clydeport Operations Ltd, a subsidiary of Peel Ports…

Equity investment levels in Scotland’s smaller businesses grew in 2024, bouncing back from a more difficult 2023, according to new research from the British Business…

A new report from the UK’s Institute for Fiscal Studies (IFS) shows there were 585,000 public sector workers in Scotland in 2024, representing 22% of…

The total value of all private housing in Scotland has risen by £220 billion to £546 billion in the last 10 years, according to new research by…

International sales of Scottish salmon hit a record high of £844 million in 2024, soaring by 45% in a year to remain the UK’s top…

The Scotch Whisky Association (SWA) has released global export figures that show the value of Scotch exports stood at £5.4 billion in 2024. The SWA…

Aberdeen-based engineering and consulting giant John Wood Group said 2024 was a “transformative year” for its carbon advisory team, which secured a “record-breaking number of…

SP Energy Networks, a division of Iberdrola’s ScottishPower, said it has set out a £10.6 billion plan to “help rewire Britain” and deliver the critical…

Plans to construct a circular “GigaFarm” in Cobleskill, New York State, have been announced by Empire State Greenhouses (ESG) in partnership with Edinburgh-based vertical farming…

Elgin-based house builder Springfield Properties plc published a positive update on trading for the six months ended November 30, 2024. The group said it entered the…

SSEN Transmission announced that local Fraserburgh firm David Smith Contractors Ltd has been awarded a multi-million-pound contract to help deliver a new HVDC converter station required as…

By Mark McSherry The Edinburgh Innovations unit of the University of Edinburgh announced that it has secured more than £150 million in research funding over…

The Scottish Government’s Finance Secretary Shona Robison should use her limited room for manoeuvre in next week’s Scottish Budget to “help employers with cost pressures…

The UK’s Investment Association (IA) is staging a new flagship event, the IA Scottish Investment Conference, at the Edinburgh International Conference Centre (EICC) on Tuesday….

Scottish Enterprise said it has helped Los Angeles-based Launchpad Build Inc. to open a global Research and Development (R&D) hub in Edinburgh’s New Town. Employing…

The UK government has announced it will introduce legislation next year to pool £1.3 trillion of pension savings into a series of “megafunds” as the new…

Canada’s Juniper Group, an operating unit of Vela Software and Constellation Software, Inc,  announced the acquisition of Glasgow-based Traveltek, which it called “an innovative suite…

The University of Aberdeen has announced a “new approach to fostering an enhanced spin-out culture” at the the institution that will now see it reduce…

Equity deal activity involving smaller businesses in Scotland picked up during the first half of 2024, one of only two parts of the UK to…

ScottishPower owner Iberdrola, the largest electricity company in Europe, has announced plans to more than double its UK investment plans to as much as £24 billion,…

Investment firm Foresight Group said it successfully exited Substantive Research, an Edinburgh and London-based FinTech providing product and pricing comparison for investment research spend, market data and…

Four leading UK academics have joined forces to warn the UK Government that its commitment to resetting relations with the devolved governments cannot be met…

John Wood Group plc, the Aberdeen-based engineering and consulting giant, said it has been awarded the front-end engineering design (FEED) for a long-haul, large diameter liquids-rich…

Grant Thornton has published a report called the “Economic Impact Of AIM” commissioned by the London Stock Exchange. AIM is the exchange’s stock market for…

CBI CEO Rain Newton-Smith is to call on the Scottish and UK governments to unleash the “restless energy” of business to “help turn Scotland’s energy…

Glasgow-based Solasta Bio, an agri-biotech company specialising in the next generation of green insecticides, has completed an oversubscribed $14 million Series A funding round to…

Outflows from UK stock funds remained high at £919 million for July, according to the latest data published by the Investment Association (IA). However, the…

The UK investment management industry saw growth in assets under management to £9.1 trillion in 2023 from £8.8 trillion in 2022, according to the latest…

Women in Scotland are starting and running new businesses at almost the same rate as men for the first time, while one in five entrepreneurs…

Edinburgh emerged as the leading UK destination for foreign direct investment (FDI) outside of London and the South East of England, according to the latest…

The Scottish economy is predicted to grow more in 2024 compared with last year, with real GVA expected to be 0.9% higher across 2024 —…

Scottish Enterprise said it is launching a new £35 million Manufacturing Property Challenge Programme for prospective developers of manufacturing property to create 1,000,000 sq.ft. of…

UK stock funds saw a record outflow of £1.8 billion during May, according to data published by the Investment Association (IA). The May outflows continue…

Mark Darbon has been appointed chief executive of The R&A and Secretary of The Royal and Ancient Golf Club of St Andrews. Darbon will succeed…

Springfield Properties announced that the first of 47 new homes in Drumnadrochit are due to go on sale this weekend following planning approval at appeal….

BrewDog co-founder and former CEO James Watt has revealed more details about his new brand building business, which is called Social Tip. “This new business…

The Highland Council has approved the onshore plans of the West of Orkney Windfarm – which is developing a major offshore wind project off Scotland’s…

SSE plc, the Perth-based electricity infrastructure giant, announced it is submitting an offshore planning consent application to Ireland’s planning authority An Bord Pleanála this week…

Chartered financial planning firm AAB Wealth announced the acquisition of Bishopbriggs-based Synergy Financial Planning. AAB Wealth said that following this latest acquisition, it will have assets under…

Baillie Gifford’s flagship investment trust, the £14 billion Scottish Mortgage fund, bounced back in the year to March 31, 2024, delivering a share price return…

Grant Thornton’s Scotland Limited report for 2024 shows that Scotland’s top 100 private limited companies make reported revenue of £40 billion, EBITDA of £7 billion and…

Scotland attracted its highest ever number of international visitors last year, according to the 2023 International Passenger Survey by the Office of National Statistics. There…

SSEN Transmission announced it has selected Sumitomo Electric Industries and its subsea cable installation partner Van Oord Offshore Wind UK as preferred bidder for the…