Aviva Investors said on Monday it hired eight fund managers from Standard Life Aberdeen to work in its new Edinburgh office. The new hires will…

The financial services industry now employs 161,000 people in Scotland and contributes 8.9% of gross value added to the Scottish economy, according to a new…

Wheatley Group — Scotland’s biggest social landlord — has unveiled £185 million of new funding from the European Investment Bank (EIB) to help build and…

Edinburgh-based LendingCrowd said on Thursday it delivered a record £13.9 million of lending in the first half of 2018 compared with £4.9 million for the same period…

BP said on Wednesday it will significantly increase its holding in the giant Clair field, 47 miles west of Shetland. “BP has entered into an agreement to…

A planning application has been submitted by Glasgow Harbour Ltd on behalf of Peel Lifestyle Outlets — a division of Peel Land and Property Group…

Cefetra Ltd, the largest agricultural trading company in Scotland, has signed a long-term contract with Forth Ports to use the Port of Rosyth and turn…

Grangemouth refinery operator Ineos said it has approved a €2.7 billion capital project to build “both a world scale ethane cracker and a PDH (Propane…

Kirkcaldy-based shopfitter and interiors company Havelock Europa said London-based private investment firm Rcapital has backed Havelock with a deal that “secures over 300 jobs and…

Scotland’s small and medium-sized enterprises (SMEs) are cautious about the role of digital skills in helping their growth, according to new YouGov research commissioned by…

Edinburgh-based funds platform Nucleus Financial Group Limited on Monday confirmed recent speculation by announcing its intention to apply for admission of its ordinary shares to trading…

Scotland’s food and drink sector generated £13.9 billion in turnover in 2016, a rise of 3.9% on the previous year and the highest annual growth…

UPDATE 2 — Edinburgh-based funds platform Nucleus Financial, which counts hundreds of independent financial advisers among its shareholders, is set to float on AIM next…

Energy regulator Ofgem said on Thursday that Perth-based energy giant SSE has paid £190,000 in compensation to customers over failures following its withdrawal of a…

Aberdeen-based oil and engineering giant Wood plc on Thursday reported first-half revenue growth across its business and said it anticipates delivering first half revenue of…

Perth-based bus and rail giant Stagecoach said it cut its dividend after its adjusted annual profits fell and the firm took an £85.6 million hit from…

Latest data published on Wednesday shows Scotland’s gross domestic product (GDP) grew 0.2% in the first quarter of the year compared to 0.1% growth for…

The confidence of small businesses in Scotland is at its highest since 2015, according to new research from the Federation of Small Businesses (FSB). FSB’s…

Phoenix Group announced its new executive management team to manage the enlarged business upon completion of the Standard Life Assurance Limited acquisition, expected in the…

Trading in the shares of Kirkcaldy-based shopfitter and interiors firm Havelock Europa has been suspended amid a “credit squeeze” that threatens the future of the…

First Minister Nicola Sturgeon on Tuesday appointed a new Scottish government cabinet, with five new cabinet secretaries appointed. John Swinney, Roseanna Cunningham and Fiona Hyslop…

First Minister Nicola Sturgeon announced on Tuesday that Economy Secretary Keith Brown, the SNP’s depute leader, will leave the Scottish Government “to dedicate his time…

Aberdeen Standard Investments (ASI) and Phoenix Group announced they have established a private markets fund financing strategy “that is tailored to Phoenix’s financial objectives as…

Royal Dutch Shell plc has given the go-ahead for a major investment in the Fram gas and condensate field in the UK North Sea. “This…

HSBC Holdings plc announced that Iain Mackay will retire from HSBC and be succeeded as executive director and group finance director by Ewen Stevenson, who…

Edinburgh-based fund management giant Baillie Gifford is set to take all 60,000 sq ft of a new office space development at 20 West Register Street…

Standard Life Aberdeen shareholders on Monday voted more than 99% in favour of the £3.24 billion sale of Standard Life Assurance Limited to Phoenix Group…

Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — said its core revenues rose 7% to £706.7 million…

First Minister Nicola Sturgeon has appointed former Tesco Bank CEO Benny Higgins as the strategic adviser for the establishment of the Scottish National Investment Bank….

The Scottish Government had expenditure of £30.9 billion in 2017-18 against a fiscal budget of £31.4 billion — indicating an underpsend of around £500 million. “Surplus…

Edinburgh Trams exceeded all financial expectations in 2017, recording a pre-tax profit of £1.6 million compared to £252,000 in 2016. Results published on Friday show…

Scotland’s Auditor General Caroline Gardner has produced her annual report on Scotland’s colleges which shows the sector reported a £300,000 surplus in its underlying financial position for 2016-17…

PfP Capital, the fund management business established by Places for People Group, said it intends to launch a new fund in partnership with the Scottish…

Crown Estate Scotland said on Wednesday it has “opened up” coastline, seabed and rural estates for local management under a new scheme. The Local Pilots…

Scottish economic growth is set to recover this year but remain below trend, according to the latest analysis by the University of Strathclyde’s Fraser of…

Scotland’s Court of Session has ruled against Grangemouth refinery operator Ineos after it challenged a Scottish government moratorium against fracking for oil and gas. Ineos had argued…

Edinburgh and London-based private equity firm Dunedin has invested in the £44 million funding of Global Processing Services (GPS), the global payments processor and tech…

Edinburgh-based rented housing developer Sigma Capital Group announced the expansion of its strategic partnership with housebuilder Countryside Properties with a framework agreement targeting the delivery…

Highland Scotch whisky distillery Tomatin, near Inverness, announced on Monday that its turnover increased almost 25% during the company’s most recent financial year. For the period…

The Renewables Infrastructure Group (TRIG) said on Monday it acquired the under-construction wind farm at Solwaybank, Dumfries and Galloway, for up to £82 million. The project was…

UPDATE 5 — Clydesdale and Yorkshire Bank owner CYBG said on Monday it finally clinched an all-share deal to take over Newcastle-based rival Virgin Money in…

For the second time in four years, a major fire has ravaged the Mackintosh Building at The Glasgow School of Art, one of Scotland’s architectural gems….

Rathbone Brothers on Thursday confirmed a much touted deal to acquire Glasgow-based Speirs & Jeffrey, Scotland’s largest independent wealth manager, for an initial £104 million. “Under…

House prices have nearly trebled since Scotland last took part in the World Cup in 1998, according to new research from Bank of Scotland. The research…

Perth-based bus and rail firm Stagecoach said it has urged politicians throughout the UK “to take tough action on congestion” and put buses at the heart…

The UK rail regulator, the Office of Rail and Road (ORR), has published its assessment of Network Rail’s plans to spend £4 billion in Scotland over…

Glasgow-based cloud computing firm Iomart Group plc said its revenue grew 9% to £97.7 million in the year ended March 31, with adjusted profit before tax up 7%…

Aberdeen’s commercial property market recorded sales higher than both Edinburgh and Glasgow for the first time since 2014 in the first quarter of 2018, according to…

SSE plc and innogy SE have appointed Gordon Boyd as chief financial officer designate for the new independent British energy supply and services company they…

Output across the Scottish private sector economy increased at the fastest pace since July 2017 during May, according to the latest Royal Bank of Scotland…

Scotland has achieved an “unprecedented” record of attracting foreign direct investment (FDI) — with 6,000 jobs created in 2017 alone — according to Ernst & Young’s…

The latest IHS Markit Report on Jobs for Scotland shows the rate of expansion for permanent job placements in May was the strongest in 43…

The UK Individual Shareholders Society (ShareSoc) and the UK Shareholders’ Association said it is “a public disgrace” that individual investors were excluded from the placing by…

Lloyds Banking Group will sell its remaining 97.7 million shares in Standard Life Aberdeen, representing a 3.3% stake in the Edinburgh-based asset management giant, bookrunner Bank…

Energy regulator Ofgem said Perth-based energy giant SSE has agreed to pay £1 million to Ofgem’s consumer redress fund “after providing some pre-payment meter (PPM)…

M&G Real Estate is buying The Crown Estate’s 50% stake in Fort Kinnaird retail and leisure centre on the east side of Edinburgh for £167.25…

The Scotch Whisky Association (SWA) said it appointed EU expert Dagmar Droogsma as its Director of Industry, based at the SWA’s London office. Scotch Whisky is…

London-based Ocean Outdoor Limited said it acquired Glasgow-based Forrest Media, the large-format outdoor media firm founded by major Celtic shareholder Chris Trainer. Trainer is Celtic’s…

The sixth annual Registers of Scotland’s Property Market Report shows that the total value of the residential sales market in Scotland from 2007-08 to 2017-18…

Glasgow-based fashion firm Quiz said its underlying profit before tax increased 20% to £9.8 million for the year ended March 31, 2018, as revenue grew 30%…

Baillie Gifford’s flagship £7 billion fund, the Scottish Mortgage Investment Trust plc, said it has raised further borrowings of £170 million “to invest in additional future growth…

M&G Real Estate has acquired a four-acre site called The Haymarket in Edinburgh for £49.1 million. With a gross development value of about £280 million, the…

Shares of Johnston Press plunged 17% to a new record low after it said in an AGM trading update that no agreement has been reached with its bondholders…

UK Government Investments Limited (UKGI) announced the “successful disposal” of 7.7% of The Royal Bank of Scotland Group plc at 271p per share for proceeds of about…

UPDATE 3 — The UK government is to sell another 7.7% of its stake in Royal Bank of Scotland for about £2.6 billion. UK Government Investments Limited…

Clydesdale and Yorkshire Bank owner CYBG and Virgin Money confirmed on Monday morning that CYBG has made a revised proposal to acquire Virgin Money and…

Aberdeen-based bus and rail giant FirstGroup plc has announced the details of departing CEO Tim O’Toole’s “agreed termination arrangements” and the temporary remuneration increases for interim…

The Scottish Fiscal Commission has published its latest report ‘Scotland’s Economic and Fiscal Forecasts – May 2018’ in which it describes the outlook for the…

The Scottish Fire and Rescue Service’s capital backlog of £389 million is “insurmountable” without investment and changes to how the service operates, according to a report…

Scottish Rugby announced it has applied for planning permission to install a new playing venue in the grounds of BT Murrayfield with a capacity of…