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Public sector urged to change

Procurement reforms ‘yet to deliver for smaller firms’

Andrew McRae
Andrew McRae: reforms have had little impact   Scottish procurement reforms are failing to help smaller businesses win public contracts, a new report from the Federation of Small Businesses hasRead More

2pm Summit in Brussels

EU leaders meet as May blames MPs for Brexit delay

Theresa May No Deal statement
Theresa May: ‘public has had enough’   European Union leaders meet in Brussels today to consider Prime Minister Theresa May’s plea to extend Britain’s exit beyond 29 March. Mrs MayRead More

As inflation edges higher..

Scottish economy outgrew UK in final quarter of 2018

St James development Edinburgh
Activity has increased in Scotland (pic of St James development in Edinburgh by Terry Murden)   The Scottish economy outgrew the UK in the last three months of last year, theRead More

City round-up: Kier, Kingfisher

New boss Davies sees Kier swing to £35.5m loss

Kier
Kier investors were unimpressed by the cash call Construction and outsourcing company Kier has reported a £35.5 million half-year loss against a £34.3m profit for the same period a yearRead More

Call for investment

North Sea needs £200bn to maintain production level

Maersk oil field
The North Sea will need £200 billion of investment between now and 2035 and continued collaboration to extend its production life, according to a trade body which expects exploration toRead More

Change of plan

Lloyds chief Horta-Osorio forfeits final salary pension

Antonio Horta-Osorio Youtube
Lloyds Banking Group chief executive Antonio Horta-Osorio has forfeited his lucrative final salary pension after it emerged he was the only employee entitled to the perk. He oversaw withdrawal ofRead More

Victory for Standard Life Aberdeen

Lloyds to transfer £100bn SLA funds despite ruling

Keith Skeoch
Keith Skeoch: ‘we will carefully consider our next steps’   Lloyds acted illegally when it withdrew a £100 billion asset management contract from Standard Life Aberdeen in early 2018, aRead More

Property firms combine

Galbraith builds border agency with Land Factor deal

Iain Russell
Iain Russell: ‘enhanced services’   Galbraith, the Scotland-based rural property consultancy, is acquiring Land Factor, a specialised rural estate management company operating in Northumbia and Cumbria. The deal, which willRead More

Chairman leaves

Marchant one of three to step down from Wood board

Ian Marchant
Ian Marchant is stepping down as chairman of Wood Group, one of three directors leaving the board of the oil and gas company. Corporate governance guidelines say a chairman shouldRead More

Key issues to be tackled

Blueprint pinpoints weaknesses in Scottish growth

Graeme Roy
Scotland must tackle a range of issues from low productivity to political short-termism if it is to keep pace with competitor nations, according to a new report. A nationwide consultation hasRead More