Archangels, the Edinburgh-based business angel investment syndicate, said on Wednesday it led investment of £12.4 million in Scottish tech and life sciences companies in the…

Edinburgh-based asset management giant abrdn on Wednesday outlined a new structure for its investment management team amid the decision by Rod Paris to retire as…

UK equity funds enjoyed record inflows in the second quarter of 2021, according to the latest Fund Flow Index from Calastone. Between April and June,…

Shares of Edinburgh-based Craneware, a provider of software for the US healthcare market, rose about 2% on Tuesday as it published an update on trading for…

Shares of Alva-based Omega Diagnostics Group fell about 5% on Tuesday after it announced its revenue fell 11% to £8.73 million in the year to…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday it agreed to sell Ark Life…

The Aberdeen Standard European Logistics Income plc fund (ASLI) announced the acquisition of an urban logistics warehouse near Barcelona in Catalonia. “The purchase price of…

Shares of Glasgow-based fashion firm Quiz rose as much as 20% on Monday after it published an update on trading and its cash position for the…

Edinburgh-based fixed income investment firm Cameron Hume said on Monday it has been awarded a A$125m ($98m) ESG (environmental, social and governance) focused fixed-income mandate…

The Scottish private sector ended the second quarter of 2021 with further rapid expansion, according to the latest Royal Bank of Scotland Purchasing Managers’ Index (PMI)…

Ineos Chemicals Grangemouth, Ineos FPS and Petroineos have signed a Memorandum of Understanding with the Acorn CCS Project to work together to develop Scotland’s first…

The Scottish Government has announced a new 10-year “National Strategy” to drive Scotland’s “economic transformation” as the country recovers from the Coronavirus pandemic. A team of business…

Scottish universities have seen a record number of prospective students applying to study for the academic year ahead, according to new figures from the Universities…

Alliance Trust plc, the £3 billion Dundee investment trust company which uses external fund managers Willis Towers Watson (WTW), said on Thursday that a court…

Edinburgh-based international oil and gas company Cairn Energy said on Thursday that a Paris court accepted its petition that Indian state-owned assets in the city…

Karen Betts, chief executive of the Scotch Whisky Association (SWA) since May 2017, is leaving her role to become chief executive of the UK’s Food…

Rural property consultancy Galbraith has said the demand for land “for natural capital and rewilding” is boosting the market for Scottish estates, alongside the desire…

The total value of Scotland’s goods exports for the year ending March 2021 fell 22% or £7.1 billion to £25.6 billion compared with the previous…

The UK’s Financial Conduct Authority (FCA) said on Wednesday that a total of £2.2 million was reportedly lost to pension scammers in the first five months…

Perth-based Stagecoach and Aberdeen-based FirstGroup both welcomed the UK Government’s announcement on Tuesday of extended funding to support the recovery of bus services in England. The…

Scottish Water has unveiled details of one of Scotland’s biggest capital investment infrastructure programmes in recent years — with the appointment of a network of…

The UK’s Financial Conduct Authority (FCA) said on Tuesday that a review of 18 fund managers between  July 2020  and  May 2021, covering different business models…

Alliance Trust plc, the £3 billion Dundee investment trust company which uses external fund managers Willis Towers Watson (WTW), said on Tuesday that the final hearing…

The Scottish Chambers of Commerce (SCC) said on Tuesday that businesses in Scotland can see the first shoots of recovery for the first time in…

Ineos Energy announced it has agreed to buy 25 million shares in the forthcoming IPO of HydrogenOne Capital Growth plc, representing 10% of the target…

Edinburgh-based investment giant Standard Life Aberdeen announced on Monday that it has been officially renamed abrdn plc. The company’s stock market ticker was changed from…

The Scottish Government said on Friday that an additional £380 million is being allocated to Health Boards to help with costs arising from the pandemic….

Aberdeen-based John Wood Group plc confirmed on Friday that Amec Foster Wheeler Energy Limited (AFWEL) has entered into a Deferred Prosecution Agreement (DPA) with the…

The funding status of the UK’s 5,300 corporate defined benefit (DB) pension schemes continues to show that schemes are, on average, in a clear surplus…

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, said on Friday it is aiming for its second shipment of gold concentrate from…

Norwegian-owned Scottish Sea Farms has agreed to acquire Shetland and Skye-based Grieg Seafood Hjaltland UK from its Norwegian parent Grieg Seafood ASA for £164 million. Stirling-based…

Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, rose about 4% on Thursday as it published a trading update for…

Scottish and Southern Electricity Networks (SSEN) Distribution, a wholly owned subsidiary of SSE Plc, has published a £4.1 billion draft business plan for 2023 to 2028,…

Murray Capital Group has filed accounts for the 18-month period ending June 30, 2020, showing turnover from continued operations of £100.1 million — as ownership of…

Martin Gilbert’s investment firm AssetCo plc said on Thursday it reached agreement with Preservation Capital Partners Limited to acquire a 30% equity interest in Parmenion Capital…

Shares of troubled West of Shetland oil and gas explorer Hurricane Energy plc rose almost 30% on Wednesday after it said chairman Steven McTiernan and…

Perth-based transport giant Stagecoach Group plc said on Wednesday its revenue fell 35% to £928.2 million in the year to May 1, 2021, as its…

Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — said on Wednesday its core revenue fell 15%…

The £8 billion Lothian Pension Fund (LPF) said on Tuesday it paid out £194.3 million in pension benefits to 33,915 beneficiaries in 2020-21 compared to £185.8…

The Registers of Scotland’s Property Market Report 2020-21 shows that the average price of a residential property in Scotland in 2020-21 was £194,100, up 6.7%…

Natwest-RBS has capped the daily amount its customers can send to cryptocurrency exchanges — including the Binance platform — because of concerns over investment scams and…

Edinburgh-based investment giant Standard Life Aberdeen plc said on Tuesday it has sold almost 5% of HDFC Life Insurance Company Limited in India to raise…

Troubled West of Shetland oil and gas explorer Hurricane Energy plc said on Monday the High Court of Justice of England and Wales has not…

Edinburgh-based private bank Hampden & Co announced that Colin Tate has joined the firm as chief operating officer (COO). Tate joins Hampden from Sainsbury’s Bank where…

Martin Gilbert’s investment firm AssetCo plc said on Monday it expects to “announce further activity” soon as it targets asset management deals. AssetCo said it…

Aberdeen-based John Wood Group plc announced that “agreements have been reached” with the UK’s Serious Fraud Office, the Department of Justice and Securities and Exchange…

NatWest Group’s Ulster Bank said on Monday it agreed to sell most of its commercial lending business in the Republic of Ireland to Allied Irish Banks…

Cumbernauld-based Irn-Bru maker A.G. Barr on Friday announced changes to its board. Former Dairy Crest Group CEO Mark Allen has been appointed as an independent non-executive…

Perth-based energy and networks giant SSE plc has announced the appointment of two new non-executive directors, Elish Angiolini QC and TSB Bank CEO Debbie Crosbie….

Shares of Thurso-based battery cell developer AMTE Power, which went public in March, rose 7% on Thursday as the firm announced it has been selected to…

The UK central bank’s monetary policy committee (MPC) said on Thursday it voted unanimously to maintain its benchmark lending rate at 0.1% and by 8-1…

Renewable energy company Drax Group said it is kickstarting the planning process to build a new underground pumped hydro storage power station that will more…

Shares of Aberdeen-based global engineering group Wood plc fell about 4% on Thursday after it published a trading update for the six months ended June…

Expectations for Scotland’s economic growth have been revised up to 5.9% for 2021 and 2.5% for 2022, according to the latest Economic Commentary by the…

Scotland’s onshore GDP grew by 2% in April as the stay at home restriction was lifted and the phased re-opening of consumer-facing services began, according…

Aegon Asset Management said on Wednesday it has closed its UK Property Income and Property Income feeder funds after failing to raise sufficient cash to…

Swiss Re said on Wednesday it has reduced its shareholding in Phoenix Group Holdings plc, acquired in the sale of ReAssure in 2020, by selling…

The UK’s Competition and Markets Authority (CMA) has issued a warning to Monzo, NatWest Group, Virgin Money and Bank of Ireland after the banks breached a…

The Office for National Statistics (ONS) said on Tuesday the UK Government’s borrowing is estimated to have been £24.3 billion in May 2021 — the second-highest May…

Banco Sabadell is open to selling TSB Bank plc at some point, according to the Spanish bank’s CEO Cesar Gonzalez-Bueno, Reuters reported. The CEO said…

Scottish Enterprise, Scotland’s national economic development agency, has announced the appointment of Adrian Gillespie as its new chief executive, effective September 1. Gillespie joins Scottish Enterprise from…

Scotland is still seen as the second most attractive region in the UK after London for international investment into financial services, according to EY’s latest UK…

Edinburgh-based cloud accounting software firm FreeAgent, acquired by NatWest-RBS in 2018, announced that co-founder Ed Molyneux will step down from his role as CEO this…

The £677 million Scottish Investment Trust plc (SIT), which recently announced it will “undertake a review of the future investment management arrangements of the company,”…

Baillie Gifford fund manager James Anderson said the FTSE 100 “is really a 19th century and not even a 20th century index” and that the…

The Scottish Government said on Monday the Scottish Qualifications Authority (SQA) is to be replaced and schools agency  Education Scotland “substantially reformed” following publication of…

Exports of UK food and drink products to the EU fell 47% in the first quarter of 2021 compared with Q1 2020 as a result…

Baillie Gifford’s £3.3 billion Monks Investment Trust plc said on Friday the fund’s net asset value (NAV) total return was 55.5% for the year to April 30, 2021, compared…

Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, said on Thursday it has been selected as a partner for the University of Leeds…

By Mark McSherry The Scotch Whisky Association (SWA) on Thursday welcomed the UK Government’s announcement that tariffs on Scotch Whisky have been suspended for a…