Scotland shows ‘highest growth in household wealth’
Scotland has experienced the highest growth in average household wealth in the UK over the last decade, growing by 66% versus 19% in London and 18% in…
Scotland has experienced the highest growth in average household wealth in the UK over the last decade, growing by 66% versus 19% in London and 18% in…
SSE Renewables and joint venture partner Equinor have reached financial close on Dogger Bank C, the third phase of what will be the world’s largest…
Patrick Keefe has been named the winner of the £50,000 Baillie Gifford Prize for Non-Fiction 2021 for Empire of Pain: The Secret History of the…
Venture capital (VC) investors ploughed record amounts of money into Scottish scaleup firms over the summer with more than £197 million raised, according to Venture…
FirstGroup has launched Lumo, its new 100% electric and “affordable” fast rail service between Edinburgh and London King’s Cross. FirstGroup has pledged that fares will…
National Express Group Plc announced on Tuesday it is in talks to buy Perth-based Stagecoach in an all-share deal that would value the Scottish transport…
Embattled Aberdeen-based bus and rail giant FirstGroup plc — currently searching for a new chief executive — said on Monday it plans to return £500 million…
Scottish Government investment of £384 million will see the building of full fibre broadband connections begin in September 2021 to tens of thousands of rural…
A quarter of a million people in Scotland were setting up or running new businesses in 2020 despite the challenges of the pandemic, according to…
British consumers are currently facing a £371 billion savings shortfall when it comes to feeling able to withstand a financial shock, according to Yorkshire Building…
By Mark McSherry A manager of the Asia Pacific focused £410 million Aberdeen New Dawn Investment Trust plc has said that “capitalism is not dead in China”…
Global company shareholder dividends will rise in 2021 to $1.39 trillion — just 3% below their pre-pandemic peak — according to the latest Global Dividend Index…
The Scottish Government said on Friday it has agreed to work with the Scottish Green Party Parliamentary Group over the next five years. This agreement…
Venture capital (VC) investors continue to deploy record amounts of money into Scottish scaleup companies with more than £322.3 million raised in the first half…
The Scottish Government has formally launched the search for its next permanent secretary and is offering a salary of up between £162,500 and £180,000 a year…
Orbital Marine Power’s O2, the “world’s most powerful” tidal turbine, has started grid connected power generation at the European Marine Energy Centre (EMEC) in Orkney….
UK insurer and asset manager M&G said it has invested in two private companies at the forefront of carbon capture and storage technology — including…
Aberdeen-based global engineering group Wood plc said it has formed a partnership with insurance giant AIG and the University of Strathclyde’s Institute for Future Cities…
ScottishPower and Shell have joined forces with a bid to develop the world’s first large-scale floating offshore windfarms in the north-east of Scotland. The partnership…
The Aberdeen Standard European Logistics Income plc fund (ASLI) announced the acquisition of an urban logistics warehouse near Barcelona in Catalonia. “The purchase price of…
Wheatley Housing Group Limited — Scotland’s biggest social landlord — announced that its chief executive Martin Armstrong will step down next summer. “The board will begin…
The University of Dundee and its partner Central South University (CSU) have announced the launch of a new joint education institute in China called the…
The Eden Project said on Friday it has signed a memorandum of understanding with the owners of its preferred site for Eden Project Dundee and…
Work to lay new subsea cables to supply superfast broadband to 15 of Scotland’s most remote island communities will begin this Spring, the Scottish Government…
Global company stock dividends fell 12.2% to $1.255 trillion on a headline basis in 2020 after a relatively strong finish to the year, according to the Janus…
Aberdeen-based global engineering group Wood plc said on Tuesday it entered into a new agreement with Spirit Energy “to partner on the delivery of late…
A new report from the University of Strathclyde’s Fraser of Allander Institute has outlined the strength of Scotland’s pharmaceutical industry and its value to the Scottish…
Scotland Food & Drink said on Friday that new figures from the Scottish Government reveal that in the first nine months of 2020, Scottish food…
The Tay Cities Deal has reached a major milestone with UK Government Minister Iain Stewart joining the deal’s partners for an online ceremony to ratify…
Employment in the Scottish video games development industry grew 17% between November 2018 and April 2020, according to new data from TIGA, the network for…
More than £600 million has been raised for life science companies headquartered in Scotland over the last three years, according to Savills. The latest data…
Assets under management (AUM) at the world’s 300 largest pension funds increased by 8% to $19.5 trillion in 2019, compared to a 0.4% decline the…
By Mark McSherry Shares of Aberdeen-based bus and rail giant FirstGroup plc rose about 5% on Tuesday after it published an AGM trading update showing…
Global company dividends fell by $108.1 billion to $382.2 billion in the second quarter of 2020, the lowest Q2 total since 2012, according to the…
Swedish state-owned energy firm Vattenfall said on Tuesday it is considering proposals for another two wind farms in South West Scotland. Together, the projects could produce…
Shares of Wetherby-based biotherapeutics company Avacta Group plc rose 12% on Thursday after the company published an update on its collaboration with the University of Glasgow…
The volume of new work received by private sector firms in Scotland continued to plummet in May “with anecdotal evidence linking the fall to temporary…
Glasgow-based global mining, oil and engineering giant Weir Group said on Tuesday its first quarter orders were 13% lower than the prior year “principally reflecting…
Edinburgh-based Tesco Bank said on Friday that former UK Treasury official John Kingman will be appointed as its new chairman on July 7, 2020, following…
Glasgow-based engineering giant Weir Group said on Thursday it has withdrawn its recommendation to pay a 2019 final dividend and has withdrawn its 2020 guidance…
A patient has been diagnosed with coronavirus (COVID-19) in Scotland — the first case confirmed in the country. The patient is a resident of the…
Edinburgh-based fund management giant Aberdeen Standard Investments (ASI) said on Friday it has been appointed by administrator Link Fund Solutions (LFS) to replace Neil Woodford…
UPDATE 3 — Shares of Aberdeen-based transport giant FirstGroup fell about 20% on Thursday after it reported an increased first-half loss amid a £124 million…
Deutsche Bank said on Thursday it sees a 55% chance that UK Prime Minister Boris Johnson’s Brexit deal will be rejected by the UK Parliament…
Serco Group said it has been selected as preferred bidder to continue managing and operating the Northern Isles ferry services for passengers and freight between…
Scottish Rugby said on Friday it has appointed prominent English RFU coach Jim Mallinder as its new performance director. According to London newspapers, Mallinder was…
Aberdeen-based engineering and oil services giant Wood plc said it has been appointed by the World Bank to “assess the potential of shifting freight movements…
A Scottish company and a Dutch port are working on launching a new freight ferry line ahead of the UK’s possible exit from the European…
Scottish Rugby announced on Tuesday a six-year extension to its partnership with kit suppliers Macron which will run until at least June 2026. “The seven-figure…
More than £394 million is to be invested into the five local authority areas on both sides of the border between England and Scotland. The…
Private sector output in Scotland declined during May for the fifth time in the last six months, reversing the modest pick-up in activity seen in…
Italian aerospace and defence firm Leonardo’s research and development hub at Crewe Toll in Edinburgh has been sold by Brockton Capital to unnamed South Korean…
The Scotch Whisky industry expects to see “significant growth” in exports to India, China and Brazil in the coming years to augment established growing markets…
A new report shows one in 10 smaller businesses in Scotland is led by an immigrant entrepreneur and these firms contribute more than £13 billion…
The Scottish Government has outlined an ambitious growth plan which will aim to increase the value of exports from 20% to 25% of Scotland’s GDP…
Food and drink exports from Scotland rose 4.9% to a record high of £6.3 billion in 2018, according to the HMRC figures. Whisky accounted for…
Aberdeen-based Wood plc and KBR, Inc. have secured a new multimillion dollar contract to deliver front-end engineering design (FEED) for Shell Australia’s Crux project to build…
Grangemouth refinery operator Ineos announced that Antwerp, Belgium, will be the location for its €3 billion project for an ethane gas cracker and world-scale PDH…
Perth-based energy giant SSE said on Friday its subsidiary Scottish and Southern Electricity Networks Transmission (SSEN Transmission) has completed the new £1 billion Caithness-Moray electricity transmission…
Aberdeen-based mechanical engineering group EnerMech on Tuesday confirmed the conclusion of its sale to The Carlyle Group and announced the formation of the group’s board…
Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — said on Friday that chief executive officer Ian Curle…
UPDATE 3 – Shares of Aberdeen-based bus and rail giant FirstGroup plc rose 11% on Tuesday after it appointed its chief financial officer Matthew Gregory…
Glasgow-based media firm STV said it appointed David Mortimer — the man behind hit shows including Dragons’ Den, Louis Theroux’s Weird Weekends and 71 Degrees North…
Scottish law firm Brodies LLP said revenues grew to £68.59 million in its financial year to April 30, 2018, from £66.68 million in 2016-17. Brodies…
Cefetra Ltd, the largest agricultural trading company in Scotland, has signed a long-term contract with Forth Ports to use the Port of Rosyth and turn…
The UK and Scottish Government are to invest more than £90 million in Stirling and Clackmannanshire via City Region Deal to drive economic growth in the…
Lerwick Harbour in Shetland is set for a record year of cruise liner visitors. Over the next eight months, the Shetland port said it is…
A new report by TheCityUK found financial and related professional services firms in Scotland had a record year in 2016 with exports up by 9%…
The Scottish FA announced on Thursday that its chief executive Stewart Regan “has taken the decision to step down from his position at the association.”…
Julie Hesketh-Laird is to take over as chief executive of the Scottish Salmon Producers Organisation (SSPO) following the retirement of Scott Landsburgh, who has held…