Shareholders of Edinburgh funds platform Nucleus Financial Group have finally agreed to a £145 million takeover by investment firm James Hay. In a stock exchange statement, James Hay…

Glasgow-based Virgin Money UK — owner of Clydesdale and Yorkshire banks — said on Wednesday its customer deposits rose £964 million to £68.67 billion in the…

The latest data published by Mercer’s Pensions Risk Survey shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest…

Edinburgh-based Tesco Personal Finance Plc (Tesco Bank) announced it has completed the transaction to acquire the Ageas UK Limited stake in Tesco Underwriting. “The decision…

Mortgage lending in the UK showed the biggest net increase on record in March 2021, and UK households saved another £16.2 billion into bank and…

Highlands and Islands Enterprise (HIE) announced that its CEO Charlotte Wright, who has led the development agency for the past five years, plans to step…

Latest data from fund research giant Morningstar shows that smaller companies funds maintained their 2021 winning streak in April, with European funds “leading the charge.”…

Macquarie Capital, Aberdeen Standard Investments (ASI) and Daiwa Energy & Infrastructure (DEI), the investors behind Spain’s Onivia Network, have acquired a majority stake in a…

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, said on Friday that some of its directors have undertaken to provide a short…

Shares of troubled West of Shetland oil and gas explorer Hurricane Energy plc fell another 50% on Friday after it proposed a complex debt restructuring that…

Shares of Glasgow-based media firm STV Group plc rose about 3% on Thursday after it published a trading update ahead of its Annual General Meeting. The…

Shares of Glasgow-based global engineering and mining giant Weir Group edged 1% higher on Thursday after it published a trading update for the first quarter ending March…

NatWest Group, formerly known as Royal Bank of Scotland, said in a trading update on Thursday its customer deposits increased to £453.3 billon in the first…

Real estate investor CLS announced it completed a £61.7 million loan from Scottish Widows secured on a portfolio of five UK office properties. “This loan…

Shares of Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, rose about 9% on Wednesday after it published an update on its trading for…

AGS Airports, which owns and manages Aberdeen International, Glasgow and Southampton airports, has confirmed the appointment of former Scottish Enterprise CEO Lena Wilson as its…

Edinburgh-based Aegon UK — owned by Dutch investment giant Aegon NV — said on Wednesday it has acquired Pension Geeks, a business “that specialises in connecting…

Shares of Perth-based transport giant Stagecoach Group plc fell as much as 8% on Wednesday after company founders Brian Souter and his sister Ann Gloag…

By Mark McSherry Scottish local authorities had debt of £19.3 billion at March 31, 2020, an increase of 6.3% from £18.2 billion at March 31,…

Shares of Scotgold Resources Limited, the Australia-based gold exploration company focused on Scotland, fell another 20% on Tuesday after it published a stock exchange statement saying…

By Mark McSherry 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…

Perth-based Voyager, the company established to supply cannabidiol (CBD) and hemp seed oil products, has announced its intention to seek admission to trading on the…

The latest UK Powerhouse report by law firm Irwin Mitchell and the Centre for Economics and Business Research (Cebr) predicts that Edinburgh will be among…

Boston and Edinburgh-based Current Health, a “remote care management platform” formerly called snap40, announced it has raised $43 million in an oversubscribed Series B financing. “The round…

Edinburgh-based asset management giant Standard Life Aberdeen plc announced on Monday its intention to change its name to “Abrdn plc” — a move that will…

The coronavirus pandemic forced the UK government to borrow £303.1 billion in the year ending in March, an increase of £246.1 billion on the previous…

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,…