British consumers are currently facing a £371 billion savings shortfall when it comes to feeling able to withstand a financial shock, according to Yorkshire Building…

Embattled Aberdeen-based bus and rail giant FirstGroup plc said on Tuesday it has signed a new £300 million sustainability-linked revolving credit facility (RCF) with a group…

Martin Gilbert’s investment firm AssetCo plc has announced that Lucy Draper will join the business as Director – Distribution. Draper was previously Director, Business Development…

Scottish Enterprise announced on Tuesday it provided “unprecedented support” for businesses in 2020-21 after investing over £568 million in Scotland’s economy. “The record level of…

An estimated £1.2 billion of Scotland’s buildings, transport infrastructure, and cultural and natural heritage may be at risk of coastal erosion by 2050, according to…

US Federal Reserve chair Jerome Powell stopped short on Friday of signaling the timing for any reduction in the US central bank’s asset purchases beyond…

The Scottish Fiscal Commission has published its latest forecasts setting out how Scotland’s economy is recovering from the pandemic and how the Scottish Government’s plans…

Shares of Glasgow-based packaging, design and distribution firm Macfarlane Group rose about 15% on Thursday after it said its sales rose 26.5% to £133.5 million and profit…

SSE Renewables announced it will invest almost £50 million over the next two years to repower the existing Tummel Bridge Hydro-Electric Power Station near Pitlochry…

Glasgow-based Smart Metering Systems plc (SMS) has announced it won a new domestic smart meter contract and secured an “additional grid-scale battery project.” SMS said…

The UK accounting watchdog said on Wednesday it fined EY £3.5 million for failing to challenge financial statements in its audit of Perth-based transport giant Stagecoach…

Scotland’s onshore gross domestic product (GDP) grew by 0.9% in June, according to statistics announced on Wednesday by the Chief Statistician. “Using the experimental monthly…

The Scottish Government has published its “NHS Recovery Plan” — committing more than £1 billion of targeted investment for the “recovery and renewal” of Scotland’s…

By Mark McSherry A manager of the Asia Pacific focused £410 million Aberdeen New Dawn Investment Trust plc has said that “capitalism is not dead in China”…

The Scottish Government said on Tuesday that hospital parking charges are set to end permanently in Scotland after agreements were reached to buy out two car…

Souter Investments, the private equity focussed family investment office of Stagecoach Group founder Brian Souter, announced it has continued its deal making during 2021 with…

Aberdeen-based global engineering group Wood plc said on Tuesday its order book rose 18% to $7.7 billion in the first six months of 2021 — news…

Global company shareholder dividends will rise in 2021 to $1.39 trillion — just 3% below their pre-pandemic peak — according to the latest Global Dividend Index…

easyJet plc said it has appointed former Royal Bank of Scotland CEO Stephen Hester as a director and chair designate. Hester, 60, will join the…

New analysis from KPMG shows that Scottish private equity investment rose considerably in the first half of 2021 “as investor confidence returned and vendors brought…

Shepherd and Wedderburn, the largest Scottish-headquartered UK law firm, has reported 4.1% turnover growth to £59.3 million in the year to April 30, 2021, with…

UK government borrowing for the first four months of its fiscal year stood at £78 billion at the end of July — the second-highest financial…

The Scottish Government said on Friday it has agreed to work with the Scottish Green Party Parliamentary Group over the next five years. This agreement…

ScotRail has announced that it is planning to cut about 300 rail services per day from May 2022 — proposing a new timetable to operate…

New research from Bank of Scotland shows that 25% of young people in Scotland say a lack of knowledge is a key barrier to home…

STV’s media studios and HQ facility at Pacific Quay, Glasgow, have been acquired as part of an £80 million property investment deal by real estate…

The average price of a home in Scotland in June 2021 was £173,961, an increase of 12% on June 2020, according to the latest provisional…

Edinburgh-based global aviation services business John Menzies plc has announced further expansion in Central America with the acquisition of Interexpresso, as well as additional contract…

Aberdeen-based global engineering group Wood plc said on Thursday it agreed a £430 million loan with UK Export Finance, the export credit agency of the UK…

The Scottish National Investment Bank has committed £50 million over five years to the creation of new woodland and forestry management in Scotland. As a…

Venture capital (VC) investors continue to deploy record amounts of money into Scottish scaleup companies with more than £322.3 million raised in the first half…

Perthshire-based natural source water producer Highland Spring Group announced that Les Montgomery has decided to retire from his full-time role as chief executive to become…

Scottish corporate and finance veteran Benny Higgins is to join Glasgow investment firm N4 Partners as chairman. Higgins will also chair the N4 Advisory Board, which…

Shares of Thurso-based battery cell developer AMTE Power, which went public in March, rose about 5% on Wednesday after it announced it is shortly expected to…

Edinburgh-based investment bank Noble & Co announced two senior appointments to help “increase the firm’s capacity to source prospective deals.” Noble has hired Susi Crawford…

The Scotch Whisky Association (SWA), currently looking for a new chief executive, has released export figures for the first half of 2021 which show some…

The latest estimates of the controversial and highly contested Government Expenditure & Revenue Scotland (GERS) statistics have revealed the full impact of the pandemic on…

Investment trust dividends slipped for the first time in a decade in the first half of 2021 — but have still outperformed the wider market “by…

The Scottish Government said on Tuesday it is taking the “first steps on the road” to establishing a Scottish Minimum Income Guarantee (MIG). Social Justice…

Aberdeen Standard Investments’ veteran Asia chairman Hugh Young told Bloomberg in an interview the Edinburgh-based asset management giant is sticking with its big China investments…

SOLASTA Bio, a Glasgow University spinout company specialising in the next generation of green insecticides, has secured seed investment of £1.3 million to support ongoing…

Aberdeen Standard Investments’ Pan-European Residential Property Fund (ASPER) said on Monday it has exceeded €1 billion of committed equity. ASPER is an open-ended fund designed…

Edinburgh-based Aegon UK — owned by Dutch investment giant Aegon NV — has seen its assets under administration top £200 billion for the first time. In…

The Scottish Government has formally launched the search for its next permanent secretary and is offering a salary of up between £162,500 and £180,000 a year…

Shares of McColl’s Retail Group fell about 26% on Thursday after it announced it intends to raise up to £35 million via a discounted placing…

Deltic Energy Plc announced it has entered into a binding, conditional farm-out agreement in relation to five of its gas licences in the Southern North Sea…

Mark McSherry A top executive at Edinburgh-based investment giant Aberdeen Standard Investments said cryptocurrency is still the “wild west” in terms of regulation and consumer protection…

First Minister Nicola Sturgeon has written to UK Prime Minister Boris Johnson calling for the UK Government to reassess oil and gas licences already issued…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, said on Wednesday it plans to grow its…

Baillie Gifford’s high-flying flagship fund, the £20 billion Scottish Mortgage Investment Trust plc, announced it has raised a further £200 million by issuing two long-term, fixed…

The Scottish Government said on Tuesday the number of Scottish domiciled students being offered a place at Scottish universities is at a record high on…

Catterick-based managed IT services provider razorblue has announced further expansion in Scotland with the acquisition of Stirling-based sarn Technologies Ltd for an undisclosed sum. razorblue…

New HMRC figures show that the average inheritance tax bill in Scotland for deaths in 2018-19 was £195,798, an 8.5% increase on the previous year,…

Rebranded Edinburgh-based asset management giant abrdn on Tuesday posted a 52% increase in adjusted operating profit to £160 million for the first half of 2021…

Reading-based Idox plc announced the acquisition of Stirling-based thinkWhere Limited, a geospatial information services (GIS) technology business. Idox said thinkWhere provides end to end GIS…

UK and Scottish law firm Brodies LLP has reported revenue of £82.5 million, up from £82 million, with operating profit increasing from £38.5 million to £39…

South Carolina-based Novolex has acquired Edinburgh-based Vegware, a rapidly growing international provider of compostable foodservice packaging that sells to over 70 countries around the world. Novolex…

Mitsubishi Electric Corporation and its subsidiary Mitsubishi Electric Power Products announced on Monday they agreed to acquire Glasgow‑based Smarter Grid Solutions (SGS), a spin-out from…

Edinburgh-based private bank Hampden & Co said on Monday its deposits rose by £180 million or 42% to £603 million in the six months to…

UPDATE 4 — Shares of SSE, the Perth-based energy and networks giant, have risen about 11% to £16.05 in the last few days amid claims in the…

Shares of Edinburgh-based oil and gas company Cairn Energy rose another 7% on Friday — following a jump of 26% on Thursday — after London’s…

The Scottish Government said on Friday that an independent review of how fish farms are regulated in Scotland is underway in a move “to make…

Edinburgh-based investment giant abrdn announced that former State Street executive Hannah Grove will be appointed a non-executive director of the asset management group on September…

The £145 million acquisition of Edinburgh funds platform Nucleus Financial Group by James Hay to create a £47 billion adviser platform has received regulatory approval and the offer…

The latest Royal Bank of Scotland Report on Jobs shows that Scottish labour market conditions continued to strengthen during July, with a shortage of candidates…

Royal London said on Thursday its assets under management increased to a record high of £153 billion in the six months ended June 30, 2021, compared…

Shares of Edinburgh-based international oil and gas company Cairn Energy soared about 26% on Thursday amid news that India has proposed scrapping a controversial law that…

Pension funds in the UK have been urged by prime minister Boris Johnson and finance minister Rishi Sunak to provide an “investment big bang” by…

June data published by the Investment Association (IA) has revealed that the first half of 2021 saw UK fund market net retail sales of £24 billion,…

Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 5% on Thursday after it announced a collaboration with the University…