SSE’s €600m green bond biggest ever by UK firm
Perth-based energy giant SSE said it sold the biggest ever green bond by a UK company. “The €600 million bond is the first of its kind…
Perth
Highland firms want single market, free movement
More than two-thirds of businesses across the Highlands and Islands believe membership of the European single market and free movement of people are important to…
Scotland, Wales ‘won’t support’ EU Withdrawal Bill
The First Ministers of Scotland and Wales said the UK government’s European Union (Withdrawal) Bill is a “naked power-grab” for which the Scottish and Welsh Governments…
North America tourist spend up 40% to £641m
Visitors to Scotland from North America spent £641 million in the 12 months to the end of March 2017, a 40% rise on the previous…
RBS pays £4.2bn to resolve US mortgage probe
Royal Bank of Scotland said it will pay £4.2 billion to settle one of two US investigations into allegations it mis-sold mortgage-backed bonds. RBS needs to…
Cochrane becomes interim CEO of Carillion
Construction and outsourcing firm Carillion said on Monday it appointed Keith Cochrane — former chief executive of Stagecoach and Weir Group — as its interim…
Scots economy rebounds to outpace UK growth
UPDATE 2 — Scotland’s gross domestic product (GDP) rose 0.8% in the first quarter of 2017 compared to the previous three months — outpacing the quarterly…
Perthshire home sales up to £70m in first half
Almost £70 million worth of homes were sold by member firms of the Perthshire Solicitors Property Centre (PSPC) in the first half of 2017, with some…
Surprise as Higgins retires from Tesco Bank
Edinburgh-based Tesco Bank sprung a surprise on Tuesday when it announced that its CEO Benny Higgins would retire from Tesco in February 2018. Higgins joined Tesco…
Atlantic salmon to be tagged in conservation move
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…
Fraser of Allander: Growth returns to Scots economy
Growth will return to the Scottish economy in 2017 “with tentative signs of a more positive outlook for Scotland’s oil and gas sector and improving…
Scots fish farming now a £620m, 12,000-job industry
Fish and shellfish farming now contributes £620 million to the Scottish national economy every year, according to according to a new study commissioned by the…
FirstGroup, Stagecoach vie for HS2 high speed rail
Aberdeen-based FirstGroup and Perth-based Stagecoach are among the groups shortlisted in the bidding to run the new West Coast Partnership (WCP) rail franchise, which will…
Oil and gas industry ‘turning the corner’
Nearly 60% of businesses in the UK’s oil and gas industry expect to expand this year, while optimism has soared to 39% from 2% in…
Queensferry Crossing to open on August 30
The new Queensferry Crossing will open to traffic on August 30, 2017, the Scottish Government announced. The new bridge across the Forth will then close to…
Massive pay rises for top two SSE executives
The chief executive and finance director of Perth-based energy giant SSE enjoyed massive rises in their total remuneration packages in the year to March 31, according…
Investors OK £2.2bn Wood Group-Amec FW deal
Shareholders of Aberdeen-based oil and gas services company Wood Group and rival Amec Foster Wheeler have overwhelmingly approved Wood Group’s roughly £2.2 billion recommended all-share offer…
Blairgowrie’s Castle Water acquires Cobalt Water
Blairgowrie-based independent water retailer Castle Water said it acquired Ayr-based Cobalt Water, an independent retailer of water to business customers, for an undisclosed sum. Cobalt’s…
Skeoch: Stan Life ‘would sell £16bn annuity business’
Standard Life chief executive Keith Skeoch told Reuters in an interview that the Edinburgh financial giant would be willing to sell its £16.1 billion annuity portfolio after…
Scotgold agrees first sales to jewellery industry
Scotgold Resources Ltd said it signed its first sales agreement with the Scottish jewellery industry involving two prominent Scottish jewellery manufacturers. The agreement covers the first refining batch — about…
Go-ahead for £1bn, 3,000-home Perth community
Scottish builder Springfield Properties said its plans for a £1 billion, 3,000-home community near the A9 just north of Perth have been approved by Perth and…