Macdonald Hotels said the sale of land at one of its properties helped its finances in the year to March 31 during which it increased its profit after tax by £49.1…

Scottish Investment Bank head Kerry Sharp welcomed the establishment of a new £40 million small and medium sized enterprises (SME) holding fund by the Scottish Government to…

Non-bank lenders in Europe recorded 201 deals in the first three quarters of 2016, up 6% on the 190 deals for the same period in…

Research and development (R&D) employment in Scottish businesses reached its highest level on record in 2015 with about 11,000 jobs — but R&D spending fell slightly during that year…

Regional airline Flybe said it will soon offer more than 40 scheduled flights a week from Aberdeen and Edinburgh to London Heathrow. Flybe also said it hired Christine Ourmieres-Widener as…

Aberdeen-based Faroe Petroleum said it signed two banking facilities for almost £300 million “which will provide substantial finance to underpin the company’s growth plans.” Faroe is an independent oil and…

A £350 million expansion of Aberdeen Harbour has been sanctioned by the harbour’s board and the construction contract with preferred bidder Dragados UK is due to be formalised on…

Lloyds Banking Group — owner of the Bank of Scotland, Scottish Widows and Halifax brands — said it agreed to acquire UK consumer credit card business MBNA from a subsidiary…

The Cayzer family’s Caledonia Investments said it agreed terms for the sale of Park Holidays UK, the UK’s third largest holiday park operator, to Tiger Bidco…

The Shetland Fishermen group said Shetland’s whitefish market had its biggest yearly landings since 1987. More than 357,000 boxes were brought ashore and sold. Shetland is the second…

Her Majesty’s Revenue and Customs (HMRC) will face “significant challenges” administering the new Scottish rate of income tax, according to a report by the National Audit…

Shares of Hurricane Energy soared more than 12% after it announced a “significant” oil find at the Lincoln Well west of Shetland. Hurricane CEO Robert Trice said: “I…

Shares of Glasgow-based Collagen Solutions, a manufacturer of medical grade collagen biomaterials, fell about 12% after it said its revenue and other income increased by 30% to…

Liberty House and SIMEC, members of the GFG Alliance, said they completed a £330 million deal with Rio Tinto to buy Britain’s last remaining aluminium smelter at Fort…

Edinburgh hotels sold 80.8% of their rooms during November, a slight rise on the same month of 2015, and grew their average room rate (ARR) from £84.75 in…

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — announced the proposed disposal of 13 titles and associated websites in East…

Scotland-headquartered commercial property consultant Ryden has agreed a merger with London investment agents Mason Philips. The merged firms will operate under the Ryden name with…

Dundee-based investment firm Alliance Trust has announced a radical strategic plan that includes the outsourcing of equity portfolio management and the sale of investment division Alliance Trust Investments to Liontrust…

Rupert Murdoch’s 21st Century Fox said it reached an agreement with Sky plc to buy the 61% of the British pay-TV firm it doesn’t already own for £10.75 a share — or roughly £11.7…

The UK’s Competition and Markets Authority (CMA) said on Thursday that Edinburgh-based John Menzies’ acquisition of ASIG may give rise to competition concerns over ground handling services at…

Aberdeen Asset Management said it made a number of appointments to strengthen its global distribution platform, including former Scottish Financial Enterprise chairman John Campbell. Campbell will join Aberdeen…

Edinburgh-based accounting software firm FreeAgent — which floated on the Alternative Investment Market (AIM) of the London Stock Exchange last month — said its revenue increased by 36%…

Edinburgh-based fund management giant Standard Life Investments said it appointed Archie Struthers to the role of head of investments. Struthers will join Standard Life Investments — which manages…

Edinburgh has been ranked number one in the 2016/17 “Global Cities of the Future” for Foreign Direct Investment (FDI) Strategy by the fDi Intelligence publication, a division of the…

Scottish renewable energy businesses are now working in more than 40 countries around the world, new research by industry body Scottish Renewables has found. Projects…

Edinburgh-based fund manager Standard Life Investments argued on Monday that Rupert Murdoch’s 21st Century Fox is not offering enough for British pay-TV firm Sky Plc and questioned the independence of…

The Scottish government’s fisheries secretary Fergus Ewing has urged the UK government “to stop fish quotas from being traded away unnecessarily” during crucial EU fisheries negotiations…

Rupert Murdoch’s 21st Century Fox confirmed it reached an agreement in principle to buy the 61% of British pay-TV firm Sky Plc it does not already own for around $14 billion. 21st…

Scottish Equity Partners (SEP) said it has made “one of the most successful exits for a UK venture capital backed business in the emerging digital…

Baillie Gifford’s £1.3 billion Monks Investment Trust said the consequences of the Brexit vote had been very good news for the closed-end fund in the short term…

Aberdeen-based Faroe Petroleum, the independent oil and gas company, said it completed the previously announced acquisition of interests in five Norwegian North Sea producing oil and…

Perth-based rail and bus giant Stagecoach Group said its revenue rose to just over £2 billion in the half-year ended October 29 from £1.97 billion for the same…

Aberdeen-based oil and gas services giant Wood Group said it signed a memorandum of understanding (MoU) with Netherlands-based Heerema Fabrication Group (HFG) to offer wellhead platform development to…

Shares of Glasgow-based cloud computing firm iomart group rose about 3.5% after it said its revenue grew 16% to £42.1 million and adjusted profit before tax rose…

The Scottish Government’s Fisheries Secretary Fergus Ewing lamented the “disappointing” outcome of the fisheries negotiations between the EU and Norway that concluded in Bergen at the weekend….

Forth Ports said the Port of Grangemouth, Scotland’s largest container facility, had one of its busiest ever seasons with more than 50,000 TEUs (Twenty Foot Equivalent Units)…

The North Sea oil and gas industry gave a cautious welcome to news that some of the world’s biggest producers agreed a deal to curb production for the…

Royal Bank of Scotland said it agreed a revised capital plan with the UK’s Prudential Regulation Authority (PRA) to address the shortfall identified by the Bank of England’s 2016 stress…

Scotgold Resources said it held a successful auction in Edinburgh of Scottish gold mined and processed at its Cononish Gold and Silver Mine near Tyndrum — the…

Grant Thornton has warned that fluctuating currency conditions and uncertainty over potential future trade tariffs could damage Scotland’s £14.4 billion food and drink industry that employs more than…

The partners of international law firm Addleshaw Goddard and Scottish legal firm HBJ have voted “by an overwhelming majority” to merge their businesses and create…

JD Sports Fashion said it bought Go Outdoors for about £112.3 million from its private equity buyers. JD Sports said the acquisition will complement its existing interest in…

Energy, metals and industrials group GFG Alliance said two of its member companies — SIMEC and Liberty House — reached an agreement with Rio Tinto Aluminium to…

The UK Government said its decision to focus on infrastructure spending means the Scottish Government’s budget will increase by more than £800 million through to…

Glasgow Council leaders have unveiled plans to build a direct “tram-trains” rail link between Glasgow Airport, Paisley and Glasgow city centre. It said the £144 million Glasgow Airport…

BNY Mellon said it has been appointed as trustee and paying agent on Aberdeen City Council’s £370 million bond issue — the largest ever bond issued by a…

Aberdeen Asset Management pulled out of a bid for UniCredit’s Pioneer Global Asset Management because the 3.5 billion euros price was too high, Aberdeen’s chief executive…

Clydesdale and Yorkshire Bank owner CYBG said it delivered its first statutory profit before tax in five years with a profit of £77 million in the year…

Shares of Glasgow-based packaging firm Macfarlane Group rose 8% after it said its profit before tax for 2016 to date “continues to be well above the…

Aberdeen City Council said the £250 million Aberdeen City Region Deal has been signed — and that the agreement’s value could be worth up to £826 million…

The Scottish Government has urged the UK Chancellor’s Autumn Statement to include measures that widen access to North Sea decommissioning tax relief and for the UK…

The Scotch Whisky Association trade group said it intends to appeal the recent Court of Session ruling on minimum unit pricing (MUP) for alcohol to the UK…

At least 17 estates have been sold in Scotland so far this year for a combined value of £75 million — with one estate selling for 92%…

Edinburgh-based asset management giant Standard Life Investments (SLI) said its MyFolio range of funds — which enables investors to choose their preferred level of investment risk — reached…

Edinburgh-based accounting software firm FreeAgent said its shares floated on the Alternative Investment Market (AIM) of the London Stock Exchange on Wednesday. FreeAgent said it raised £10.7…

Royal Dutch Shell announced it will close its Glasgow finance operations office by the end of the first quarter in 2018. It said about 380 remaining staff at the…

The International Energy Agency (IEA) has warned that another year of lower upstream oil investment in 2017 would create a risk of a shortfall in…

The UK Government should announce an immediate stimulus of 1.25% of GDP in the Autumn Statement, according to a new paper from Edinburgh-based investment giant Standard Life…

Aberdeen-based bus and rail giant FirstGroup said its revenue rose 5.1% to £2.56 billion in the six months to September 30 but adjusted profit before tax fell 2.2%…

About £17.6 billion will be spent on offshore oil and gas decommissioning on the UK Continental Shelf (UKCS) between now and 2025, according to a new report from trade…

Edinburgh-based insurance and investment giant Standard Life said India’s insurance watchdog had “expressed reservations” about accepting the current terms for the purchase of Max Life Insurance by Standard Life’s Indian joint…

(Updated) — A new report from PwC on the oilfield services (OFS) sector predicts an “uneven” recovery that could see oil prices reach a “robust” $60-$70…

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said it is in late stage discussions with Cambridge-based Iliffe…

Glasgow Airport reported its busiest October ever as 884,350 passengers travelled through the airport’s doors last month — an annual increase of 5.7%. International traffic in October rose 8.3%…

Shares of Glasgow-based sausage skin and collagen products company Devro fell about 20% after it warned investors that “based on current trends, sales volumes in…

Edinburgh-based asset management giant Standard Life Investments (SLI) has told clients that Donald Trump’s US presidential election victory introduces “significant uncertainty to the outlook for government…

Scotland’s First Minister Nicola Sturgeon has confirmed that the Lord Advocate James Wolffe QC — Scotland’s most senior law officer — will lodge a formal application to…

Baillie Gifford’s flagship £4.7 billion equity closed-end fund — the Scottish Mortgage Investment Trust — said both its net asset value (NAV) and share price rose 25% on a…

Royal Bank of Scotland said it will set up a £400 million complaints and refund scheme for customers who allege they were mistreated by its “global restructuring group” small…

Chevron North Sea said it finally started production at the Alder high-pressure, high-temperature (HPHT) gas condensate field in the Central North Sea discovered 41 years ago…