Scotland Scotland (, ) is a Countries of the United Kingdom, country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a Anglo-Scottish border, border with England to the southeast ...

is a

country A country is a distinct part of the world, such as a state, nation, or other political entity. It may be a sovereign state or make up one part of a larger state. For example, the country of Japan is an independent, sovereign state, while ...

that is

part Part, parts or PART may refer to: People *Armi Pärt (born 1991), Estonian handballer * Arvo Pärt (born 1935), Estonian classical composer *Brian Part (born 1962), American child actor *Dealtry Charles Part (1882–1961), sheriff (1926–1927) a ...

of the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...

and covers the northern third of the island of

Great Britain Great Britain is an island in the North Atlantic Ocean off the northwest coast of continental Europe. With an area of , it is the largest of the British Isles, the largest European island and the ninth-largest island in the world. It i ...

. Traditionally, the Scottish economy has been dominated by

heavy industry Heavy industry is an industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, huge buildings and large-scale infrastructure); o ...

underpinned by shipbuilding in Glasgow, coal mining and steel industries. Petroleum related industries associated with the extraction of

North Sea oil North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea. In the petroleum industry, the term "North Sea" often includes areas such as the Norwegian Sea ...

have also been important employers from the 1970s, especially in the north-east of Scotland. Edinburgh is the financial services centre of Scotland, with many large finance firms based there, including:

Lloyds Banking Group Lloyds Banking Group is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Ban ...

(owners of

HBOS HBOS plc was a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland plc, which operated the Ba ...

); the Government owned Royal Bank of Scotland and

Standard Life Standard Life is a life assurance, pensions and long-terms savings company in the UK which is owned by Phoenix Group. History 1825–2010 The Standard Life Assurance Company was established in 1825 and was reincorporated as a mutual assurance ...

Notable firms

This list includes notable

companies A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared go ...

with primary headquarters located in the country. The industry and sector follow the

Industry Classification Benchmark The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now used by FTSE International and STOXX. It is used to segregate markets into sectors within the macroeconomy. The I ...

taxonomy. Organizations which have ceased operations are included and noted as defunct. The list includes notable companies as defined under the

Companies Act 1985 The Companies Act 1985 (c. 6) is an Act of the Parliament of the United Kingdom of Great Britain and Northern Ireland, enacted in 1985, which enabled companies to be formed by registration, and set out the responsibilities of companies, their ...

and the

Companies Act 2006 The Companies Act 2006 (c 46) is an Act of the Parliament of the United Kingdom which forms the primary source of UK company law. The Act was brought into force in stages, with the final provision being commenced on 1 October 2009. It largely ...

, as well as other bodies such as

limited liability partnership A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not ...

s and

building societies A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services, especially savings and mortgage lending. Building societies exist in the United Kingdo ...

. File:Bank of Scotland Head Office from Market Street.jpg, Headquarters for the

Bank of Scotland The Bank of Scotland plc (Scottish Gaelic: ''Banca na h-Alba'') is a commercial and clearing bank based in Scotland and is part of the Lloyds Banking Group, following the Bank of Scotland's implosion in 2008. The bank was established by th ...

Edinburgh Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian on the southern shore of t ...

. File:Glenfiddich Distillery stills.jpg, The Glenfiddich whisky distillery in Moray. File:Gleneagles Hotel and grounds.jpg, The Gleneagles Hotel grounds in Perthshire. File:Type 45 Destroyer at Govan Shipyard.jpg, The

Govan Govan ( ; Cumbric?: ''Gwovan'?''; Scots: ''Gouan''; Scottish Gaelic: ''Baile a' Ghobhainn'') is a district, parish, and former burgh now part of south-west City of Glasgow, Scotland. It is situated west of Glasgow city centre, on the south ba ...

shipyard, part of

BAE Systems Maritime – Naval Ships BAE Systems Maritime – Naval Ships is a wholly owned subsidiary company of BAE Systems, specialising in naval surface shipbuilding and combat systems integration. One of three divisions of BAE Systems Maritime, along with BAE Systems Submari ...

References

External links

The Scotsman Business 250 (2005)
''

The Scotsman ''The Scotsman'' is a Scottish compact newspaper and daily news website headquartered in Edinburgh. First established as a radical political paper in 1817, it began daily publication in 1855 and remained a broadsheet until August 2004. Its pare ...

''
SCOTBIS
the Scottish Business Information Service, part of the National Library of Scotland {{Europe topic, List of companies of

Companies A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared go ...

Notable firms

See also

References

External links