Scottish Enterprise announced it invested £50.71 million into 102 early-stage high growth investment opportunities in 2021-22. The enterprise agency said its investments helped leverage a…
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“Delusional” central banks have been blamed by Bruce Stout, manager of Abrdn’s £1.77 billion Murray International Trust, for stoking global inflation with a “toxic cocktail…
Edinburgh-based investment giant Abrdn confirmed it has concluded a deal to become the largest external shareholder in Archax, the UK’s first regulated digital securities exchange. Abrdn…
Shell has launched a sale process for its 30% stake in the Cambo oil prospect west of Shetland in the UK North Sea, potentially paving the…
Glasgow investment firm N4 Partners has announced the appointment of Gordon Merrylees, the former Managing Director of Entrepreneurship for NatWest, Royal Bank of Scotland (RBS) and Ulster…
Finance Isle of Man announced it has signed a partnership agreement with FinTech Scotland “to promote and develop Insurtech and Fintech capabilities across the two…
The £600 million Baillie Gifford US Growth Trust plc announced its share price and net asset value (NAV) returned -45.5% and -35.3% respectively in the year…
Baillie Gifford’s £2.5 billion Monks Investment Trust plc announced it has agreed a proposed combination of the company with the assets of the much smaller Independent Investment…
ScottishPower and Hutchison Ports are exploring the opportunity to develop, build and operate a multi-hundred MW green hydrogen production facility at the Port of Felixstowe…
Shares of Edinburgh-based investment giant Abrdn fell about 7% on Tuesday after it published first-half results showing its assets under management and administration (AUMA) fell £34…
Business activity across the Scottish private sector increased at only a fractional pace during July, according to the latest Royal Bank of Scotland Purchasing Managers…
The UK needs to keep developing new oil and gas fields in the North Sea even as it develops major offshore wind and carbon capture and…
Standard Life, part of Phoenix Group, said it has concluded a £1 billion Bulk Purchase Annuity (BPA) transaction covering 13,000 members of the WH Smith…
Edinburgh-based asset management giant Baillie Gifford announced it has placed 12 of its “UK authorised” funds on a watchlist for performance and will “monitor progress…
Royal London said it made a loss before tax of £228 million in the first half of 2022 compared to a £228 million profit for the…
Norway’s Equinor has submitted plans to UK regulators for the development of Rosebank, a major oilfield west of Shetland which would start production in late…
Shares of Thurso-based battery cell developer AMTE Power rose almost 20% on Friday after it announced it signed a memorandum of understanding (MoU) with automotive engineering…
The £571 million cash takeover of Edinburgh-based airport logistics giant John Menzies plc by Kuwait-based National Aviation Services (NAS), a subsidiary of Agility Public Warehousing Company, has been…
The UK’s central bank on Thursday announced its biggest interest rate hike in 27 years and warned the UK is heading for more than a year…
Phoenix Group Holdings announced the acquisition of Sun Life UK, a closed book UK life insurance company, from Sun Life Financial Inc. for £248 million…
Glasgow-based cloud computing firm Iomart Group said it agreed to acquire Concepta Capital Limited, a holding company of a group of firms that includes the ORIIUM…
Salmon Scotland, the body which represents the Scottish salmon industry, has urged the UK Government to take urgent action to support vital exports affected by cross-Channel…
Baillie Gifford’s £15 billion flagship fund Scottish Mortgage has revealed it carried out 351 revaluations on the private companies it holds in the first half…
Glasgow-based sausage skin and food collagen products firm Devro said its revenue rose 8.3% to £129.8 million in the six months ended June 30, 2022, but profit before…
A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, said in a trading update it expects revenue for the 26 weeks…
Edinburgh has become the first area in Scotland to impose a clampdown on Airbnb-style short-term property rentals, requiring all new owners of such properties to…
Abrdn Core Infrastructure and Rock Rail said they have delivered their first European investment together following financial close of the financing of new electric trains…
Shares of wealth manager Quilter rose 15% on Monday after weekend reports in London newspapers that NatWest-RBS is considering making a bid to buy the listed…
James Watt, CEO and co-founder of Aberdeenshire-based craft brewing firm BrewDog, has revealed a list of start up businesses he has invested in, often as…
Fast-growth businesses in Scotland attracted £506 million of venture capital (VC) investment in the first half of 2022, despite investors becoming more cautious globally, according…
Celtic plc announced that its chairman Ian Bankier will retire from his role on January 1, 2023. The company said it will make further announcements…
Shares of NatWest Group, formerly the Royal Bank of Scotland Group, rose as much as 9% on Friday after it announced it would pay an…
Edinburgh-based investment giant Abrdn has announced a change in leadership of its “Personal Vector” business as Caroline Connellan steps down from her role at the end…
TSB Bank plc has reported a statutory profit before tax of £102.9 million for the first half of 2022, up about 140% from £42.9 million…
Shepherd and Wedderburn has reported 5% turnover growth to £62.2 million in the year to April 30, 2022, with net profits before partner distributions up…
Shares of Thurso-based battery cell developer AMTE Power soared more than 30% on Thursday amid the company’s announcement that it has chosen Dundee as the…
Shares of Glasgow-based global engineering and mining giant Weir Group rose as much as 6% on Thursday after it published results for the six months ended…
ScottishPower announced it is launching its biggest ever recruitment drive — with at least 1,000 new jobs to be filled in the next 12 months….
Bank of Scotland plc — owned by Lloyds Banking Group — has reported that its profit before tax for the half-year to June 30, 2022, fell…
Latest data from Abrdn-owned Interactive Investor (ii), the UK’s second-largest investment platform for private investors, shows a significant jump in voting on AGM shareholder resolutions in…
Shares of Edinburgh-based ready meals firm Parsley Box Group plc fell another 30% on Wednesday after the firm issued an update on trading for the first six…
Edinburgh-based Craneware, a provider of software for the US healthcare market, announced that group headline revenues for the year ended June 30, 2022, increased 119% to…
SSE plc, the Perth-based renewable energy and power networks giant, said it successfully issued a €650 million 7-year green bond maturing August 1, 2029, at a coupon…
The governance and leadership practices of Cricket Scotland have been found to be “institutionally racist”, according the report published on Monday by equality and diversity…
The entire board of Cricket Scotland resigned on Sunday with immediate effect, a day before an independent investigation into racism in the sport in Scotland…
The Scottish Affairs Committee in the UK government announced it has launched a new inquiry “examining how Scotland is promoted internationally by the UK Government,…
Glasgow-based global engineering and mining giant Weir Group said on Friday that Nicola Brewer and Tracey Kerr joined its board as independent non-executive directors with effect from…
The interest payable on UK central government debt in June 2022 was £19.4 billion — by far the highest since monthly records began in April…
Peel Ports has announced that the first-ever direct freight container service connecting China and Scotland is being launched in response to growing global pressures on…
Aberdeen-based bus and rail giant FirstGroup said on Thursday the Takeover Panel has granted it a further extension — to August 18 — to allow discussions…
ScottishPower has named Vicky Kelsall as the new CEO of its electricity networks business, SP Energy Networks, taking over from Frank Mitchell on his retirement….
Standard Life, part of Phoenix Group, announced it has concluded a £150 million Bulk Purchase Annuity (BPA) transaction covering 1,300 members of the Sappi UK…