£60m fund for new tech, low carbon innovation

The Scottish Government said £60 million will be made available to accelerate innovation in new technologies, including low carbon and digital projects by 2020. The Innovation…


















Menzies Distribution buys all-electric Gnewt Cargo

Edinburgh-based Menzies Distribution said it acquired London-based Gnewt Cargo, the all-electric delivery firm, for an undisclosed sum. Gnewt, founded in 2008, provides final-mile delivery services…





Scots product sales up 33% at Co-op

Figures released by the Co-op show that sales of Scottish products across its 350 stores are up 33% year-on-year. The biggest increase has been seen on…










New film and TV school to open in Scotland

First Minister Nicola Sturgeon announced a Scottish Government investment to support the National Film and Television School’s (NFTS) plans to set up a base in…



Macfarlane first-half sales up 10% to £89.8m

Glasgow-based packaging firm Macfarlane Group said its first-half sales rose 10% to £89.8 million and profit before tax soared 27% to £2.5 million as recent acquisitions boosted…









£220m Edinburgh Airport plan takes off

Work is under way on a three-storey extension to Edinburgh Airport’s terminal building — the start of a current £80 million investment plan to help…






Big changes as Macquarie seals Green Bank deal

Australia’s Macquarie Group said on Friday its consortium completed the acquisition of Edinburgh-based UK Green Investment Bank from the UK Government for £2.3 billion. Macquarie said…



Scots employment hits record high

Scotland’s employment rate increased by 1.1 percentage points to a record high of 75.2% over the April to June quarter — meaning 30,000 more people…



Green light for Scotland’s largest solar farm

Moray Council has granted planning permission for what will be Scotland’s largest solar farm. Councillors approved Elgin Energy’s development of the 47-hectare Speyslaw site near Urquhart,…




Menzies shares up amid positive outlook

Shares of Edinburgh-based aviation logistics and news distribution company John Menzies rose more than 3% on Tuesday morning after it said turnover increased 21% to £1.2 billion…





John Menzies and DX terminate merger plan

Edinburgh-based John Menzies said on Monday it terminated the merger talks between its distribution business and courier firm DX Group. “Notwithstanding the strong strategic and commercial benefits…



Scots output growth surges to 33-month high

Scottish private sector output growth surged to a 33-month high in the third quarter of 2017, according to the latest Bank of Scotland PMI (purchasing managers’ index)…





Assets up to £151bn at Edinburgh’s Aegon UK

Edinburgh-based pensions, investment and insurance firm Aegon UK said on Thursday its “platform” assets reached £107 billion and total assets under administration hit £151 billion…