Former UK Treasury minister Danny Alexander has been confirmed as one of the five vice presidents of the new Beijing-based Asian Infrastructure Investment Bank (AIIB). The new development…

The Institute of Directors has repeated its warnings about “ultra-accommodative monetary policy” after the monetary policy committee of the Bank of England, the UK’s central bank,…

Perth-based Stagecoach and Aberdeen-based FirstGroup have been shortlisted to compete for the next South Western rail franchise in June 2017. Stagecoach has operated the network under…

Glasgow-based digital marketing agency Equator has acquired a controlling interest in Glasgow and London brand agency 999 Design Group as part of a “major growth strategy.” 999…

Bridge of Allan-based Graham’s The Family Dairy has signed a deal to exclusively supply milk and whipping cream to all of Starbucks’ 68 stores in Scotland. “Starbucks share our…

Shares of Johnston Press, owner of regional newspapers including The Scotsman and Yorkshire Post, rose 13% after it said it expects the deficit in the company’s…

Scottish rural land prices fell in the second half of 2015 as low prices for crops and commodities took their toll, according a survey by the Royal Institution…

JLL Scotland said that on the instructions of Aberdeen Asset Management, it has listed Exchange Place at the heart of the Edinburgh financial district for sale…

Glasgow-based Fairfax Whisky has officially launched its whisky investment service — with an emphasis on casks — to become the latest specialist firm to offer such…

National Australia Bank (NAB) said the IPO of its Clydesdale and Yorkshire Bank (CYBG) — which had been planned to go ahead Tuesday — has been delayed…

The London stock market listing of shares in Clydesdale and Yorkshire Bank (CYBG) has been priced at £1.80 a share, valuing CYBG at roughly £1.6 billion, according to…

Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said it achieved record-breaking sales in 2015 of £25.5 million compared to £21.6 million in 2014. The 18% increase was driven by sales…

Catch limits are to be enforced for key shellfish species to prevent and deter unlicensed fishermen from selling their catch illegally, the Scottish Government said. Members…

Aberdeen Asset Management said its chief investment officer Anne Richards (pictured) will leave the company later this year to become chief executive of M&G Investments, the UK and…

TV operator Sky said on Friday that Aberdeen Asset Management chief executive Martin Gilbert has been appointed its deputy chairman — and that James Murdoch, son of media…

Shares of Cumbernauld-based soft drinks maker A.G. Barr rose about 2% after it said its performance improved in the second half of the year and that revenue…

Shares in Aberdeen-based bus and rail giant FirstGroup fell more than 9% after it said revenues in its third quarter fell by 9.5% due in part to UK flooding and a…

Scotland’s total exports to international markets and the rest of UK in 2014 — excluding oil and gas — rose £570 million to an estimated £76 billion,…

Aberdeen Asset Management said it had net outflows of £9.1 billion in the last three months of 2015 and it named director Simon Troughton to…

Royal Bank of Scotland said it will make a £3.6 billion provision to cover pension payments, litigation over mortgage-backed securities and issues connected to payment protection insurance (PPI). RBS also unveiled…

Scotland’s financial services industry needs to actively recruit more women from international markets to improve its gender diversity, according to a prominent recruitment firm. In its 2016…

Rural affairs secretary Richard Lochhead said staying in the EU is ‘absolutely crucial’ for farming as new statistics show total income from farming in Scotland declined in…

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…

Edinburgh has overtaken Aberdeen as the most expensive Scottish city in which to rent a property, with the capital’s average monthly let rising 5.7% over the…

A £209 million EU funding programme to strengthen cross-border business links — in sectors like conservation — between western Scotland, Northern Ireland and the border…

The number of domestic tourist visits to Scotland from within Great Britain rose 9% to about 12.9 million in the year to the end of September,…

The UK’s Financial Reporting Council (FRC) said on Thursday that preliminary enquiries under a “disciplinary scheme” will be made into KPMG’s work as auditors of HBOS just before the bank’s collapse….

The deficits of Scottish company pensions “remain stubbornly persistent at around £4.2 billion” according to the latest Hymans Robertson’s annual Scottish Pension Index report. Deficits have…

Perth-base transport giant Stagecoach Group said digital entrepreneur James Bilefield will join the company as a non-executive director from February 1.“James has an international track record of successfully…

Scotland’s environment minister Aileen McLeod has unveiled new measures from April 1 to regulate the killing of wild salmon in Scotland in order to protect stocks. Among the…

The 2015 Open Golf Championship at St Andrews brought £140 million of economic benefit to Scotland, according to an independent economic impact assessment commissioned by the R&A. The £140…

Perth-based transport giant Stagecoach Group has appointed Tim Shoveller (pictured) as managing director of the group’s UK rail division. The division includes South West Trains, East Midlands Trains,…

Royal Bank of Scotland said it has committed £1 billion of capital to build up its involvement in the purpose-built private rented sector (PRS) housing industry…

Nearly two thirds of Scottish construction businesses are still reporting difficulties in recruitment because of a continued shortage of skilled workers. The Scottish Chambers of Commerce…

Dundee-based investment trust company Alliance Trust said it appointed veteran Scottish financier and businessman Robert Smith, Lord Smith of Kelvin, as its new chairman. Alliance Trust,…

Outspoken Australian economist Stephen Koukoulas — known as The Kouk — has challenged Royal Bank of Scotland (RBS) markets expert Andrew Roberts to a bet of A$10,000 to prove Roberts was wrong when…

Edinburgh-based aviation logistics and news distribution company John Menzies said on Wednesday its chief executive Jeremy Stafford had resigned for personal reasons after 15 months in the job. Menzies…

Edinburgh-based global fund manager Standard Life Investments said its longer-term outlook on China “has become increasingly negative” and that it fears China might not carry out corporate…

Oil and gas giant BP is to cut its North Sea workforce by 20% by 2017 — about 600 jobs — as part of a global…

Hamburg-based hedge fund Aquila Capital has bought 3,100 hectares of forest — about 12 square miles — in three locations in Scotland for its institutional investors….

Economists at Royal Bank of Scotland have warned clients in a note to “sell everything except high quality bonds” and that stocks could fall by…

A 19% year-on-year rise in international passengers in December helped Edinburgh Airport enjoy its busiest year ever in 2015 with more than 11 million passengers. Edinburgh Airport…

Edinburgh-based fund manager Standard Life Investments said on Monday it will be a “principal partner” for the British & Irish Lions rugby tour to New Zealand…

Wind power in Scotland had a record year in 2015, generating enough power to supply the electrical needs of 97% of Scottish households, according to WWF…

Aberdeen Asset Management has bought Liverpool’s Albert Dock development ‎– a UNESCO world heritage site that is home to the Tate Liverpool and The Beatles Story — on behalf of…

Edinburgh-based Standard Life Investments, a major shareholder in Royal Dutch Shell, said on Friday it would vote against Shell’s $50 billion bid to buy BG Group. David…

The storms of December and January have already caused up to £700 million of damage to the Scottish economy, according to insurance experts at consultants PwC….

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…

Virgin Trains said its service between Glasgow and Carlisle has been suspended due to viaduct damage caused by Storm Frank and will not reopen until February…

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

Shares of Edinburgh-based oil and gas company Cairn Energy rose at least 4% after it announced the successful testing of its SNE-2 offshore appraisal well near…

A poll carried out for the Scotch Whisky Association (SWA) shows that 92% of Scots consider the 76% tax levied on a bottle of Scotch to be unfair….

Scotland’s female employment rate is the second best of all 28 European Union countries, according to Eurostat figures covering July 2014 to June 2015. “Earlier this year I…

Three of the top jobs in Edinburgh transport have been filled — two of them by former military men — as the capital city’s integrated bus-and-tram transport leaders seek…

The Forth Road Bridge will be reopened to all vehicles except HGVs from 6am Wednesday morning. Operating company Amey confirmed that temporary repairs had been…

Polly Purvis, chief executive of digital technologies trade body ScotlandIS, has been appointed the first chair of CodeClan, Scotland’s first digital skills academy. CodeClan opened in September…

ScotRail has announced a £475 million train improvement programme it said will deliver new trains, thousands of extra seats, at-seat power points and better wifi. When the seven-year programme…

Bridge of Allan-based Graham’s The Family Dairy announced that its 2015 sales increased to £86.5 million from £85 million last year. Pre-tax profit rose to £1.6 million in…

Edinburgh Airport is on course for its busiest year ever and Glasgow Airport is on track to record its strongest year since 2008. Edinburgh had 794,792 passengers in November, a…

Shares of Aberdeen-based global energy services giant Wood Group rose almost 3% on Thursday after it published a strong trading update for the year to…

Aberdeen-based transport giant FirstGroup has retained the TransPennine Express rail franchise until at least 2023. The franchise will play a key part in delivery of the UK Government’s…

Shares of Perth-based bus and train operator Stagecoach fell more than 13% after it said the terrorist attacks in Paris have discouraged people from traveling to major…

Former UK Prime Minister Gordon Brown is to join four other “world-renowned experts on economic and political issues” on a new global advisory board at…

National Australia Bank (NAB) has urged its shareholders to support a proposed demerger of its Clydesdale and Yorkshire Bank (CYBG) at a special meeting on…

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…

Former Experian, Aviva, RBS and Standard Life executive Graeme Jones has been appointed chief executive of trade body Scottish Financial Enterprise (SFE), replacing Owen Kelly…

Grangemouth refinery operator Ineos said it has set up a new oil and gas subsidiary to hunt for opportunities as it completed the purchase of the North Sea natural…

Royal Bank of Scotland (RBS) and Standard Chartered have survived the 2015 stress test set by the Bank of England, the UK’s central bank —…

The International Monetary Fund (IMF) has decided that the Chinese renminbi (RMB) should be considered a global “reserve” currency. The move means markets will now prepare for…

Edinburgh-based airport cargo handling and news distribution company John Menzies has warned shareholders it now expects full year earnings to be £2 million below previous expectations due partly…