New energy secretary set to give green light for Rosebank and Jackdaw
Prime Minister Andy Burnham is expected to give the go-ahead in early August for the long-awaited drilling of oil and gas developments in the North Sea.Miatta Fahnbulleh, new Secretary of...
CLARION CALL: Energy alliance presses Andy Burnham to back North Sea oil drilling
A powerful cross-industry group led by North Sea energy producers has delivered a letter to the new Prime Minister Andy Burnham, warning that policymakers must back homegrown oil and gas...
STRATEGY SHIFT: Investment Bank prepares new ground for housing and tech growth in Scotland
Scotland’s National Investment Bank will use its financial heft to face into the housing emergency, helping to build more homes across the nation.The Bank, which published its investment strategy and...
THE BIG READ: How a Scottish firm secured iconic James Bond brand – and restored its greatness
Scotland has the sovereign capability to become one of the world’s leading advanced manufacturing nations, particularly in green precision engineering and industrial manufacturing across defence, automotive, agriculture, space tech, and...
HEALTHY FINANCE: Lothian Pension Fund’s £11bn delivers strong growth for 39,000 public sector retirees
Scotland’s second-largest local government pension scheme, Lothian Pension Fund, with over £11.1bn in assets under management, has achieved an investment return of 8.7 per cent, with three and five-year annualised...
END OF AN ERA: Sir Bill Gammell’s oil company taken over in £271m deal
Edinburgh-based oil and gas firm Capricorn Energy — formerly Sir Bill Gammell’s Cairn Energy — has accepted a £271m cash takeover offer from London-based Genel Energy.The sale will mean the...
FIRST CLASS HONOURS: Edinburgh University top of the league for Scottish spin-outs
The University of Edinburgh has emerged as Scotland’s most active spinout institution. With graduands collecting their degree scrolls over the next two weeks, many more university leavers will be considering...
COUNTDOWN: Space tech radar firm, Sofant Technologies raising funds as it aims for stars
An Edinburgh-based technology company which has invented micro-radio transmitters and receivers for aviation and space satellites is one of Scotland’s most exciting new generation companies.Sofant Technologies is now raising new...
Flynn urged to look into ‘unaccounted’ funding of Greenock drydock work
Campaigners in Inverclyde have written to Stephen Flynn, Cabinet Secretary for Economy, Tourism and Transport, seeking his intervention to save the historic Inchgreen Dry Dock in Greenock.They also want ministerial...
Bank’s £50m investment into Fife energy storage, owned by Danish fund manager
The Scottish National Investment Bank is spending £50m to acquire a minority stake in the Devilla Battery Energy Storage System, at Kincardine, from Copenhagen Infrastructure Partners (CIP), alongside Nuclear Liabilities Fund (NLF)...