ScottishPower said it has placed £340 million of contracts to install about five million smart meters across the UK by 2020. Contractors including Amey, LowriBeck,…

The Scottish Government’s transport minister Humza Yousaf has called for full devolution of Network Rail operations in Scotland after a review by EY highlighted weaknesses in Network…

First Minister Nicola Sturgeon said the Scottish Government will work to build an “all-Scotland coalition” of politicians, business and universities to protect the country’s place in…

Aberdeen City Council said it has launched a process which may result in the issue of a bond to support a transformational £1 billion capital…

The University of Edinburgh said it signed a licence agreement with life sciences giant Merck for pioneering fluorescent probe technology “that helps understand how disease progresses.”…

The Scottish Government is proposing to create a new Scotland-wide statutory board to co-ordinate the activities of Scottish Enterprise and Highlands and Islands Enterprise, including Scottish…

Shares of North Sea oil firm Xcite Energy were suspended on Tuesday “pending clarification of the company’s financial position” after it said its principal bondholders rejected a plan to…

Plans to plant almost 3,000 acres of new woodland across Scotland have been backed with £6.5 million in funding, the Scottish Government said. At over…

More than 20,000 Scottish small and medium-sized enterprises (SMEs) are to benefit from a £60 million investment which includes £24.4 million of European Regional Development Fund (ERDF) money, the…

Aberdeen-based oil and gas services giant Wood Group said it secured a five year contract to provide engineering, procurement, construction and maintenance services to the Hibernia…

Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said Fiona McBain has decided to step down as chief executive after 11 years “to look for new opportunities and…

AT&T’s weekend agreement to buy Time Warner for $85.4 billion — the biggest deal in the world this year — could face tough scrutiny from regulators in…

The Institute for Fiscal Studies (IFS) warned the UK government is facing a shortfall of up to £14 billion in public finances for the 2016−17 financial year. “At the…

UK publicly traded companies need to be “more balanced in their reporting of their performance,” according to the Annual Review of Corporate Reporting by the Financial Reporting…

Scotland’s Court of Session — the country’s highest civil court — has given its approval to the Scottish Government plans to introduce a minimum unit…

Consultants PwC have produced a report, commissioned by The City of London Corporation, which examines the possibility of creating a “regional visa” for non UK nationals…

Perth-based Stagecoach, Britain’s biggest bus operator, announced it will introduce contactless bus travel on all of its regional bus services across the UK by the end of…

The ScotRail Alliance — the partnership between Abellio ScotRail and Network Rail Scotland — has published details on how it plans to improve train service performance in ScotRail following heavy…

More than three billion barrels of oil equivalent (boe) remain in about 350 unsanctioned discoveries across the UK Continental Shelf (UKCS), according to information released by…

Royal Mail said it has been appointed to a three year framework deal to provide Scottish Public Bodies with postal services. The deal is said…

Private equity fund manager YFM Equity Partners said it has invested £5.3 million in East Kilbride-based TravelTek, a firm that provides technology to travel agents and tour…

The long-awaited £1 billion redevelopment of the Edinburgh St James Centre will finally get under way with immediate effect after Dutch pension fund asset manager APG agreed…

The UK government’s Office for Budget Responsibility (OBR) is preparing to write down the value of taxpayers’ stake in Royal Bank of Scotland for the second time…

Aberdeen-based Faroe Petroleum, the independent oil and gas company, announced an oil and gas discovery at the Njord North Flank in the Norwegian Sea, in…

The Scottish Cities Alliance (SCA) will attend the UK’s leading real estate event MIPIM UK next week to tell UK and foreign investors that it has a £7.5 billion…

The Scottish Government’s transport minister Humza Yousaf has warned in a newspaper interview that Dutch firm Abellio’s £7 billion contract to run ScotRail could be terminated if…

Babcock International Group said it was awarded a contract from General Dynamics Electric Boat to manufacture 22 tactical missile tube assemblies for the UK Successor and…

North Sea exploration firm EnQuest has proposed a complex financial restructuring which it said it agreed with its key stakeholders “following an extensive period of…

Edinburgh-based health tech firm snap40 said it secured £2 million in funding in what is thought to be the largest ever seed round by a Scotland-based startup….

Edinburgh-based global asset manager Standard Life Investments announced the appointment of a new team and CEO in Singapore, a big step in the firm’s global growth…

Virgin Media said it plans to connect another 360,000 homes and businesses in Scotland to its fibre optic network by the end of 2019, as part…

Standard Life, Royal Bank of Scotland, Aberdeen Asset Management, Lloyds Banking Group and Virgin Money are among the 72 firms who have signed the UK…

Royal Bank of Scotland has admitted that its Global Restructuring Group (GRG) let down some of its small and medium enterprise (SME) business customers and “should have…

Scotland’s private sector output increased for the first time in three months in September — with the rate of expansion the fastest for 14 months as…

The Scottish Government has announced its support for a third runway at London’s Heathrow Airport, saying it has secured key commitments that benefit Scotland. It said the Heathrow expansion…

UK finance minister Philip Hammond said the British government will withdraw a planned retail sale of cut-price shares in Lloyds Banking Group to the general public due…

The Scottish Government said it will not support underground coal gasification (UCG) developments in Scotland “following the publication of an independent report that highlights serious…

Scotgold, the company behind the Cononish gold and silver mine near Tyndrum, said it is hoping to make its first sales of Scottish gold “at a premium to…

Edinburgh-based global fund manager Standard Life Investments (SLI) has launched a new emerging market debt fund — and has added to its team of five emerging market debt…

Aberdeen Asset Management is among the four potential bidders still in the running to buy UniCredit’s fund management business Pioneer which has about $246 billion of assets under management,…

The International Monetary Fund warned that persistent stagnation could fuel populist calls for restrictions on trade and immigration that could hamper productivity, growth and innovation around the…

Property consultants CKD Galbraith said Pam Over will succeed Tim Kirkwood as the firm’s chief executive officer from January 2017. Over is currently chief operating officer…

Glasgow-based engineering company Weir Group appointed John Heasley as chief financial officer with immediate effect. Heasley succeeds Jon Stanton who was appointed Weir Group chief executive on…

Aberdeen-based oil and gas services giant Wood Group said it has established a new data analytics centre of excellence — at its office in Galway,…

Royal Bank of Scotland on Friday attempted to explain how the legal entity structure of the RBS group is expected to change over the next two years…

The value of sea fish and shellfish landed by Scottish registered vessels in 2015 fell by 15% in real terms to £437 million and the quantity fell…

Scotmid Co-operative said its turnover rose £4 million to £185 million in the 26 weeks to July 30 and trading profit was in line with last year at £2 million…

Aberdeen Asset Management confirmed that former Cantor Fitzgerald Europe joint chief executive Gordon Neilly has joined the fund management firm as global head of strategy. Neilly reports…

Royal Bank of Scotland said it reached a final settlement with the National Credit Union Administration Board to resolve two outstanding civil lawsuits for $1.1 billion…

About 330,000 jobs across the UK are currently supported by the offshore oil and gas industry, down from a peak of about 450,000 jobs in 2014,…

Cumbernauld-based soft drinks maker A.G. Barr took a swipe at the UK Government’s proposed soft drinks sugar tax as it revealed that its revenue fell…

Edinburgh-based Standard Life Investments (SLI) said it will reopen its suspended UK Real Estate Fund and associated feeder funds from 12 noon on Monday, October 17. The…

The Scottish video games industry’s development headcount grew by 25% between December 2014 and March 2016, according to trade association TIGA. This was more than…

Copenhagen-based shipping container and oil conglomerate A.P. Møller-Mærsk said it will split into two separate businesses — forming a transport and logistics company and a separate energy business that will focus…

One of Scotland’s leading headhunters said there is a dearth of suitable female candidates for senior roles in Scotland’s financial sector and that recruiting more female executives…

Clydesdale and Yorkshire Bank owner CYBG is now a possible bidder for Royal Bank of Scotland’s Williams & Glyn branch network after Banco Santander pulled out of talks…

GlaxoSmithKline announced that Emma Walmsley, currently CEO of GSK’s consumer healthcare division, has been appointed GSK’s CEO designate and will succeed Andrew Witty as CEO when he…

Glasgow-based Smart Metering Systems (SMS) said its revenue rose 25% to £32.3 million and its statutory profit before tax jumped 23% to £9.1 million in the half year ended…

The Scottish Government has called on the UK Government to stimulate economic growth following the UK vote to leave the EU. Cabinet Secretary for Economy Keith Brown called…

Celtic plc said its group revenue increased by 1.8% to £52 million in the year to June 30 and that it made a pre-tax profit…

Aberdeen Asset Management chief executive Martin Gilbert told CNBC in an interview that the US Federal Reserve needs to “get on with it” and hike interest…

Standard Life’s financial planning business 1825 said on Monday that it has terminated discussions to acquire Norwich-based independent financial advisers Almary Green, which has assets under advice of…

Edinburgh-based Miller Homes said its profit before tax surged 66% to £38.2 million on revenue up 11% to £256.1 million in the six months to June 30…

The volume of Scotch Whisky exports grew 3.1% in the first half of the year to the equivalent of 533 million bottles, up from 517 million in the first half…

Saltire Court, one of Edinburgh’s most prestigious office blocks, has been put up for sale by Abu Dhabi Investment Authority (ADIA) for about £69 million,…

John Menzies said it agreed to buy Orlando, Florida-based aviation and fuel services company ASIG from BBA Aviation for up to £153 million in what it called a “transformational” deal…

Shares of Aberdeen-based oil and gas firm Parkmead rose about 10% after it said it increased its stake in the Perth and Dolphin oil fields…

German drug and crop chemicals firm Bayer said it finally reached an agreement to acquire US seeds and agribusiness giant Monsanto for $128 per share…

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…