£1bn sales lost as Scots food, drink exports fall 22%
Scotland Food & Drink said on Friday that new figures from the Scottish Government reveal that in the first nine months of 2020, Scottish food…
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Glasgow-based engineering giant Weir Group said on Thursday it has withdrawn its recommendation to pay a 2019 final dividend and has withdrawn its 2020 guidance…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…
Shares of East Kilbride-based Goals Soccer Centres fell 8% after it said in a trading update that it anticipates profits for 2017 will be “broadly in line with…
Scottish businesses are preparing for their fastest period of growth in nearly four years, according to the latest Royal Bank of Scotland Business Monitor. The…
Grangemouth refinery operator Ineos said it agreed to take a majority share in two exploration licenses in the Northern Gas Fields West of Shetland —…
The Scottish Salmon Producers Organisation said latest figures from HM Revenue and Customs show continued record growth for Scottish salmon exports so far in 2017….
The Scottish Government said there was an 11% increase in trips to Scotland by international travelers in the 12 months to the end of June 2017…
Trade association RenewableUK has hailed the “dramatic” fall in the cost of offshore wind in the results announced on Monday of competitive auctions for new contracts…
The health of small and medium-sized enterprises (SMEs) in the UK has risen to its highest level in 18 months, according to the SME Health…
Inverness Airport saw a 23.5% increase in passenger numbers in the last financial year – up to 829,018 during 2016-17. Inverness recorded the highest monthly…
Scottish salmon exports reached a record £346 million in the first half of 2017 — a 70% increase on the same period last year, according…
Aberdeen would be the British city hardest hit by Brexit, with Edinburgh not far behind, according to a new study by the think tank Centre…
The UK government’s Transport Secretary Chris Grayling said Britain’s new high speed rail lines (HS2) between London and the North-West of England will also benefit Scotland….
Aberdeenshire-based craft brewer BrewDog said it appointed Tanisha Robinson as managing director of BrewDog USA ahead of the official launch of its 100,000 square foot…
Hundreds of Atlantic salmon are to be tagged and released back into the wild as part of a new study aimed at increasing the understanding…
Scotland’s food and drink exports increased by more than 11% to £1.2 billion in the first quarter of this year, compared with the same period…
UPDATE 2 — Scotch whisky exports increased last year by 4% to more than £4 billion, with the value of single malt exports exceeding £1 billion for…
The economic value of golf tourism and events to Scotland has increased to £286 million a year, according to a study commissioned by VisitScotland and Scottish…
The Scottish Salmon Company said its 2016 revenue was £110 million, up from £100.4 million in 2015, as strong market prices boosted the firm despite the salmon…
Edinburgh-based tidal power company Atlantis Resources announce an agreement to partner Natural Energy Wire (NEW) to develop the Wyre tidal project to be built between…
A report by real estate giants Savills said Glasgow had the building blocks in place to reaffirm its position as “Scotland’s powerhouse” to compete with the “Northern Powerhouses”…
ShareSoc, the UK Individual Shareholders Society, said it is consulting legal advisors following the decision by Royal Bank of Scotland not to take forward a proposed AGM…
The UK’s housing stock is now worth a record £6.79 trillion, about 3.65 times the UK’s GDP, according to new analysis published by Savills. London and…
More than 100 individual shareholders of Royal Bank of Scotland (RBS) — coordinated by shareholder groups ShareSoc and UKSA — have requisitioned a resolution to install a new…
New research from Bank of Scotland has identified Scotland’s most expensive streets, with The Scores in St Andrews — just a pitching wedge from the world famous Old…
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…
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…
Two out of three oil and gas firms believe the sector has already reached the bottom of the current cycle or will do so within the…
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%…