Scots government underspends by £500m

The Scottish Government had expenditure of £30.9 billion in 2017-18 against a fiscal budget of £31.4 billion — indicating an underpsend of around £500 million. “Surplus…



College finances improve, but £360m due for repairs

Scotland’s Auditor General Caroline Gardner has produced her annual report on Scotland’s colleges which shows the sector reported a £300,000 surplus in its underlying financial position for 2016-17…







Edinburgh’s Sigma targets 5,000 rented homes

Edinburgh-based rented housing developer Sigma Capital Group announced the expansion of its strategic partnership with housebuilder Countryside Properties with a framework agreement targeting the delivery…


Tomatin whisky distillery turnover up 25%

Highland Scotch whisky distillery Tomatin, near Inverness, announced on Monday that its turnover increased almost 25% during the company’s most recent financial year. For the period…




















Forrest Media sold to Ocean Outdoor

London-based Ocean Outdoor Limited said it acquired Glasgow-based Forrest Media, the large-format outdoor media firm founded by major Celtic shareholder Chris Trainer. Trainer is Celtic’s…
















FirstGroup CEO leaves amid £327m loss

UPDATE 2 — Aberdeen-based bus and rail giant FirstGroup plc — which recently rejected a takeover approach from US private equity firm Apollo Global Management — said…




















Hyslop warns Ofcom about STV news cuts

The Scottish government’s culture secretary Fiona Hyslop has written to Ofcom expressing her regret over the planned loss of STV News Tonight “and the potential…




Paddy Power Betfair in talks to buy FanDuel

Irish bookie Paddy Power Betfair plc has confirmed it is in discussions to merge its US operations with fantasy sports company FanDuel. “Paddy Power Betfair plc notes…