Scotland business
All Scotland business Posts
Top chef aims to net seafood enthusiasm
A trade body is on a mission to encourage Londoners to eat more Scottish seafood.
Scottish household’ total wealth exceeds £1 trillion for first time – but is unevenly spread out
Scottish households’ total wealth has exceeded £1 trillion for the first time but is unequally shared, it was revealed last night.
Award’s £65,000 boost for food and drink idea
A Scottish research agency has launched a competition to help innovative Scottish food and drink businesses turn their great idea into a winning brand.
Heritage pledge as CYBG acquires Virgin Money
A Clydesdale Bank boss insisted yesterday the 180-year-old Scottish bank would not lose its heritage after the parent, CYBG, rebrands as Virgin Money.
Life sciences boost from £56m innovation centre
Life sciences firms throughout Scotland are expected to reap some of the rewards of a £56 million manufacturing innovation centre being built near Glasgow.
Aberdeen to play ‘vital part’ in Ghana’s ‘oil boom’
The chief executive of Ghana’s Petroleum Commission has said Aberdeen will play a “vital part” in the country’s upcoming “oil boom”.
Jersey Oil and Gas employs focused strategy to buy oil field stakes on a non-operated basis
Bosses at Jersey Oil and Gas are targeting the acquisition of North Sea production assets as the firm’s activity in the basin ramps up.
Sensor experts to tackle huge corrosion problem
A Scottish centre of expertise for sensor and imaging technology and an English university spinout have teamed up to tackle a problem costing the UK oil and gas industry billions of pounds a year.
Regular safety training could prevent wind farm deaths, study claims
Wind farm workers are putting themselves in mortal danger if safety training is not kept up to date, a new study has found.
Clydesdale owner tables new Virgin merger offer
Clydesdale Bank owner CYBG and Virgin Money said yesterday their proposed merger would create the UK’s “first true national banking competitor”.
Chrysaor ties up Spirit deal for Armada area
Chrysaor said today that it had wrapped up the purchase of Spirit Energy’s interests in the Armada, Maria and Seymour fields. Spirit Energy retains liability for decommissioning, subject to a cap, as part of a deal first announced in March. To read more on Energy Voice, click here.
Long journey from new player to serious contender
Chrysaor chief executive Phil Kirk admits it is “spooky” that his 10-year-old can recite the company’s core values.
New record for mussel production
Scottish mussel growers achieved a bumper harvest during 2017, official figures show.
Transport group chief getting £700k pay-off
The departing chief executive of FirstGroup is on gardening leave and will be paid nearly £700,000 in lieu of sums owed to him during his notice period.
Insurance sale deal could net SLA investors £1.75bn
Standard Life Aberdeen (SLA) investors will enjoy a £1.75 billion windfall if the proposed sale of the group’s UK and European insurance business goes to plan.
Eighth round of Scottish Green Bus Fund to give £1.7m cash boost
The Scottish Government’s Green Bus Fund is making £1.7 million available to operators, local authorities and regional transport partnerships.
Fergus Ewing denies Holyrood cabinet reshuffle during Aberdeen visit
Fisheries Minister Fergus Ewing batted away rumours of a looming cabinet reshuffle at Holyrood during his visit to the Skipper Expo International Aberdeen show yesterday.
Homebase is taken over for nominal sum by retail firm
DIY chain Homebase is heading for new ownership after retail restructuring firm Hilco agreed to buy the ailing business for a nominal sum.
Coalition formed over lack of women in energy leadership roles
Energy firms including Shell, Orsted and Scottish Power have signed up to a new initiative to increase the number of women in senior and middle management roles in the sector.
New plans for leasing seabed for wind projects
Crown Estate Scotland (CES) has unveiled proposals to lease seabed to encourage a new generation of offshore wind projects in Scotland’s waters.
Bid to tighten up on static fishing gear
The widespread use of items such as milk cartons and netted footballs as buoys to show where inshore fishing gear is located will be outlawed under new legislation, the Scottish Government said yesterday.
Corallian to hire Ensco rig for Moray Firth drilling job
Corallian Energy has made a move to hire a rig for the drilling of the Wick prospect in the Moray Firth.
Scots still prefer to use cash according to survey
Equifax says uncertainty about security may be one of the reasons why more than a third (34%) of Scottish consumers prefer using cash, rather than contactless, when buying goods and services.
Too many investors missing out on healthy returns from forestry, says Galbraith
Scottish rural management and property consultancy Galbraith says too many investors are missing out on healthy returns from forestry.
Balblair whiskies awarded gold status
Two new whiskies launched by Edderton-based Balblair have been awarded gold status at prestigious industry awards less than six months after their release.
Roads’ pothole epidemic branded ‘a national disgrace’ by AA
The AA has called the number of potholes around the UK a “national disgrace” after finding massive car repair bills are costing drivers and insurers at least £1 million a month.
RBS agrees £3.6bn penalty in its efforts to clean up the business
Royal Bank of Scotland (RBS) said yesterday a £3.6 billion deal struck with the US Department for Justice was a “milestone moment” in its efforts to clean up the business.
Trouble in store for staff as supermarkets merge
Up to 2,500 jobs in core supermarket supply chains could be at risk in the wake of the proposed merger of Sainsbury’s and Asda, new analysis has found.
First Minister unveils £54.5m fund to tackle fuel poverty
The First Minister has announced a £54.5million fund to help tackle fuel poverty in Scotland.
North-east well represented at global energy industry meeting
A host of north-east energy companies and industry professionals have touched down in Texas for the oil sector’s biggest event.
RBS shares take a tumble
Royal Bank of Scotland (RBS) investors were unimpressed by forecast-busting first quarter results from the banking giant yesterday.
£145m customs charges for offshore sector pushed back by a year
Customs charges for the offshore industry worth up to £145million which were set for to start in July have been pushed back by nearly a year.
