By Mark McSherry Aberdeen-based bus and rail giant FirstGroup plc said on Friday it agreed to sell North American businesses First Student and First Transit to…

The Scottish salmon farming industry has called for urgent action “to address discrepancies with export statistics published by the UK Government.” The Scottish Salmon Producers…

Aberdeen Standard Investments (ASI) has confirmed a change in the management of its prominent £12 billion Global Absolute Return Strategy (GARS) fund. Veteran GARS fund manager Neil…

The £240 billion investment trust industry is requesting the removal of stamp duty and stamp duty reserve tax (SDRT) on purchases of investment trust, investment company…

The £2.32 billion takeover of Glasgow-based mobile power giant Aggreko plc by private equity firms TDR Capital LLP and I Squared Capital has been thrown into…

Edinburgh asset management giant Baillie Gifford has invested $100 million in Blockchain.com — the largest single investment yet made in the crypto wallet provider that…

Scottish Equity Partners (SEP) said it completed a $25 million growth equity investment in Basis Technologies, a provider of “DevOps and test automation software for…

Scottish Financial Enterprise (SFE), the representative body for Scotland’s financial services industry, has launched its first ever election manifesto — calling for much more collaboration…

Amazon has invested in a major Scottish offshore wind project in the North Sea as part of a global announcement of new corporate power purchase…

By MarkMcSherry The UK’s national debt has grown 418% since 1995, far faster than its European neighbours and far outstripping economic growth of 94%, according…

Edinburgh-based Menzies Aviation, the global aviation logistics specialist, said it has been awarded a five-year cargo contract with Avianca at Miami International Airport (MIA). “This contract…

Aberdeen Standard Capital (ASC) has announced its biggest charity strategic partnership to date by securing the CAF Financial Solutions Limited (CFSL) mandate of £200 million….

Leicester-based wealth and asset management business Mattioli Woods plc has announced the acquisition of Edinburgh-based Caledonia Asset Management Limited from its shareholders. The transaction is being…

The UK central bank and the UK Treasury have announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration…

Brexit has caused more than 440 firms in the UK banking and finance industry to relocate part of their business, move some staff, or set…

The UK Government’s Debt Management Office (DMO) said on Friday it appointed Barclays, Goldman Sachs International, Lloyds Bank Corporate Markets, NatWest Markets and RBC CM…

Canada’s Canaccord Genuity Group announced on Thursday it agreed to acquire the private client investment management business of Edinburgh-based private bank Adam & Company for…

International asset management firm Capital Dynamics has announced the acquisition of a 100% equity stake in the Sorbie onshore wind project in North Ayrshire, Scotland,…

Scottish-headquartered UK law firm Shepherd and Wedderburn said on Thursday its corporate finance team advised on deals with an aggregate value of £7.1 billion in…

London-listed investment vehicle AssetCo plc said on Thursday more than 99% of its shareholders have approved its plans to appoint Scottish fund management veteran Martin Gilbert…

London-Based Waverton Investment Management Group announced it has acquired Scottish-based wealth planner Cornerstone Asset Management, subject to regulatory approval. Established in July 2010 and with…

Glasgow-based cloud data centre operator Iomart Group plc announced it has further strengthened its senior leadership team with the appointment of Neil Christie as its…

Scottish Chambers of Commerce (SCC) president Tim Allan warned on Wednesday that the Scottish Government must “reset its relationship with business” so that Ministers are…

The chief executive of Edinburgh Airport, Gordon Dewar, has warned that Scotland’s global influence and economic competitiveness will be undermined unless the new Scottish Government engages meaningfully with airports and…

The UK Government’s Business Secretary Kwasi Kwarteng has rejected calls to bring an end to new licences for North Sea oil and gas as part of efforts…

Shares of Glasgow-based fashion firm Quiz rose as much as 8% on Tuesday despite a trading update from the firm covering the financial year ended…

Edinburgh funds platform Nucleus Financial Group — which has agreed to a £145 million takeover by investment firm James Hay — said on Tuesday its assets under administration…

Progressive policy think tank IPPR Scotland said on Monday there is “significant headroom to raise council tax in Scotland.” In a report, IPPR Scotland said:…

ScottishPower announced it has submitted a planning application to deliver the UK’s largest electrolyser — which will be the key component of a green hydrogen…

Insurance firm Markerstudy Group has announced the appointment of Scottish corporate veteran Benny Higgins as its chairman. Markerstudy said the appointment concludes a busy first…

Scotland’s economy returned to growth during March, according to the latest IHS Markit-Royal Bank of Scotland Purchasing Managers’ Index (PMI) report. The seasonally adjusted headline…

Norwegian energy firm Equinor and Perth-based networks giant SSE plc have agreed a plan to jointly develop the world’s first 100% hydrogen-fuelled power plant in…

Norwegian green energy firm Nel ASA said on Friday it has entered into a framework agreement with Aberdeen-based global consulting and engineering giant Wood plc to…

Hiring activity across Scotland rose “markedly” during March, according to the latest Royal Bank of Scotland Report on Jobs. The Scottish job market enjoyed its…

Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 15% on Wednesday after it announced another collaboration with the University…

Shares of Glasgow-based cloud data centre operator Iomart Group plc fell as much as 10% on Wednesday after it published a trading statement for the year…

A report published on Wednesday by Oxford Economics, commissioned by The Hunter Foundation, argues that radical and ambitious policy changes are required if Scotland’s economic…

Glasgow-based Beeks Financial Cloud Group, a connectivity provider for financial markets trading, said late on Tuesday it intends to conduct a fundraising to raise gross…

Celtic plc said on Tuesday that its next CEO Dominic McKay will leave Scottish Rugby earlier than expected on April 16 “following a successful handover”…

Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) has announced that Berliner Verkehrsbetriebe (BVG) has exercised options for 198 Enviro500 double deck buses to be delivered to…

The volume of home sales in Edinburgh in the first three months of 2021 was up 72.6% compared to the previous year, according to the…

Investment platform AJ Bell has welcomed the return of dividends from UK companies with the news that the number of London-listed firms that made or…

Aberdeen-based global engineering group Wood plc said it has been appointed by Luxcara GmbH as “owner’s engineer” on its Önusberget wind farm development in Sweden’s…

Glasgow-based packaging firm Macfarlane Group announced it acquired Carters Packaging (Cornwall) Limited, the owner of Carters Packaging Limited. “Carters is a well-established business, based in Redruth, Cornwall,…

Perth-based energy and networks giant SSE plc said on Thursday it agreed to sell its contracting business SSEC — which has 1,900 employees — to investment firm…

The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies was £80 billion at the end of March 2021,…

Principal Global Investors has hired Åsa Norrie from Aberdeen Standard Investments (ASI) to be its European regional chief executive officer and head of distribution. Principal manages…

Shares of Scotgold Resources Limited fell about 20% on Wednesday after it published a stock exchange update on production delays at its Cononish Gold &…

The Scottish Government said on Wednesday that statistics produced by Scotland’s Chief Statistician show the approximate sales value of oil and gas produced in Scotland is…

Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) and partner BYD UK said on Wednesday their electric bus partnership received an order from Aberdeen-based First Bus…

Perth-based energy and networks giant SSE plc said on Tuesday it is “progressing options for divestment of all its equity stake” in Scotland Gas Networks…

Cumbernauld-based Irn-Bru maker A.G. Barr said on Tuesday its revenue fell 11.2% to £227 million in the year to January 24 and statutory profit before…

Edinburgh-based international oil and gas company Cairn Energy confirmed on Tuesday that the Government of India has appealed a tribunal’s decision to award the Scottish firm…

Newcastle-based Fairstone Financial Management has announced the acquisition of Glasgow based financial adviser Chartermarque, securing gross fee income of £1 million together with funds under…

Edinburgh-based investment giant Baillie Gifford has toppled London-based Schroders from the number one position in the prestigious annual rankings of UK fund management brands by Broadridge. Schroders…

Dividend payouts from investment trust companies rose 4.2% or £87 million in 2020 to a record £1.88 billion, despite UK company dividends on the whole…

London-listed investment vehicle AssetCo plc said on Friday that Scottish fund management veteran Martin Gilbert will become its chairman as it changes its business strategy “to…

Shares of Perth-based transport giant Stagecoach rose about 7% on Friday after it published a trading update. Stagecoach said governments in England, Scotland and Wales…

Edinburgh-based ready meals firm Parsley Box said on Friday it will have a stock market capitalisation of £83.8 million on admission to the AIM market…

Baillie Gifford’s Schiehallion Fund is targeting a $500 million-plus raise through a C-share issue. The fund is dedicated to making investments in “later stage private businesses…

Perth-based transport company Stagecoach group said on Thursday it was “disappointed and surprised” that Greater Manchester mayor Andy Burnham chose “to push ahead” with bus franchising…

Edinburgh-based asset management giant Aberdeen Standard Investments (ASI) has joined a list of major institutional investors to shun Deliveroo’s initial public offering (IPO) next month…

Richard Meddings has announced his intention to step down as chairman of TSB Bank plc following Spanish parent firm Banco Sabadell’s decision that no sale process…

The UK government said on Wednesday it reached an agreement called the North Sea Transition Deal with the oil and gas industry that will help support 40,000 jobs…

Celtic plc principal shareholder Dermot Desmond has announced that his shares in the company “are not for sale” in an exclusive interview with the official…

Edinburgh funds platform Nucleus Financial Group — which last month agreed to be taken over — said on Tuesday its assets under administration increased 7.9% year-on-year…

UPDATE 3 — The UK’s Food and Drink Federation (FDF) said that exports of food and drink from the UK to the European Union plunged…

The Scottish Government said the project which saw it provide £1.13 billion — with local authorities contributing £665 million — to build 117 new schools in…

Two of Scotland’s most successful entrepreneurs, Paddy Burns and Chris van der Kuyl, have launched Chroma Ventures — a new investment arm for their portfolio…

The UK’s National Audit Office (NAO) has revealed that benefits paid out by the UK’s four largest pay-as-you-go public service pension schemes — the “unfunded”…