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”…

The Office for National Statistics (ONS) said on Friday the UK Government’s borrowing is estimated to have been £19.1 billion in February 2021, £17.6 billion more than…

NatWest Group, formerly known as Royal Bank of Scotland, said on Friday it will buy back 590.7 million of its shares for £1.1 billion from the…

By Mark McSherry Edinburgh-based investment giant Baillie Gifford said on Friday that star fund manager James Anderson will leave the firm on April 30, 2022,…

Royal London Asset Management (RLAM), which manages assets of £148 billion, has announced the appointment of Hans Georgeson as it chief executive officer. Georgeson will…

The Association of Investment Companies (AIC) announced that its CEO Ian Sayers has decided to step down later this year. The AIC represents the UK’s closed-end…

Glasgow-based mobile power giant Aggreko plc — which has recommended shareholders accept a £2.32 billion takeover offer from a newly formed company owned by funds managed…

The Scottish Government said more than 500 new jobs are to be created as part of plans to establish a global health research, development and…

The Borderlands Inclusive Growth Deal was formally signed on Thursday — bringing up to £452 million of fresh investment to the Borderlands area of Scotland…

A £100 million investment in Orkney, Shetland and the Outer Hebrides has been agreed as representatives of the UK and Scottish governments joined the leaders of…

Aberdeen-based North Star Renewables has been awarded contracts worth an estimated £270 million to deliver three service operation vessels (SOVs) to be used on what…

The ScotRail train franchise will be run by the Scottish Government as an “operator of last resort” when the current contract with Dutch firm Abellio ends…

New data analysis from Savills has revealed there was a 98% increase in buyers registering with the agency to purchase rural estates and property in…

Dundee University spin out Amphista Therapeutics has announced the closing of a £38 million Series B financing round. Newhouse-based Amphista describes itself as “a leader in…

Glasgow-based cloud data centre operator Iomart Group plc has announced a major network expansion to meet future demand. Iomart said it has invested nearly £2 million in…

The Scottish Government has published plans to increase the value of private investment flowing into Scotland and make the country a “global centre of ethical finance.”…

Shares of Glasgow-based Smart Metering Systems (SMS) rose about 2% on Tuesday after it published “resilient” 2020 results that included an “attractive dividend policy.” SMS is…

Shares of Glasgow-based media firm STV Group rose about 4% on Tuesday after it reported a “better than expected 2020 performance” with revenue slipping 14%…

Shares of Aberdeen-based global engineering group Wood plc fell about 5% on Tuesday after it published results for the year ended December 31, 2020, showing…

Aberdeen-based engineering group Wood plc said on Tuesday its subsidiary WGPSN (Holdings) has reached a civil settlement with Scotland’s Civil Recovery Unit “in relation to…

The UK’s Financial Conduct Authority (FCA) announced on Tuesday it has commenced criminal proceedings against National Westminster Bank Plc (NatWest) — formerly Royal Bank of…

The market value of Dublin and San Francisco-headquartered digital payments giant Stripe has soared to $95 billion with a round of funding that took it…

The UK Government said on Monday that the UK Cabinet Office will establish a “second flagship HQ with ministerial offices” in Glasgow “with at least…

Perth-based bus and rail giant Stagecoach Group plc said on Monday it has submitted a court application for a judicial review of what it called…

The Scottish Government has announced plans to deliver 100,000 affordable homes over the next decade — with at least 70% of the houses for social…

Work to lay new subsea cables to supply superfast broadband to 15 of Scotland’s most remote island communities will begin this Spring, the Scottish Government…

Thurso-based lithium-ion battery cell developer AMTE Power on Friday announced the admission of its entire issued and to be issued ordinary share capital to trading…

New statistics released on Friday from the UK’s Office for National Statistics (ONS) show that food and drink exports to the EU fell 63% in…

Private equity firm CVC has announced a “long-term strategic partnership” with Six Nations Rugby through which it will invest up to £365 million for a 1/7th…

UK exports supported around 6.5 million full-time equivalent (FTE) jobs in 2016, or 23% of total UK FTE jobs, according to a new report for…

Standard Life Aberdeen (SLA) has sold independent financial adviser (IFA) platform Parmenion to private equity firm Preservation Capital Partners in a £102 million deal. Parmenion…

Shares of John Menzies plc, the Edinburgh-based global airport services business, rose about 3% on Tuesday despite it publishing results for the year ended December 31,…

Edinburgh-based international oil and gas company Cairn Energy said on Tuesday it plans to sell its stakes in UK North Sea fields Catcher and Kraken…

Edinburgh-based investment giant Standard Life Aberdeen (SLA) revealed on Tuesday its assets under management and administration remained steady in 2020, slipping 1.8% to £534.6 billion….

Glasgow-based Beeks Financial Cloud Group, a connectivity provider for financial markets trading, said on Monday its revenues increased by 24% to £5.29 million, of which…

The Scottish economy remained stuck in a downturn during February, according to the latest Royal Bank of Scotland Purchasing Managers’ Index (PMI) report. “At the…

Prominent Scottish business group the Scottish Council for Development and Industry (SCDI) announced it has launched a proposal for a Company Voluntary Arrangement (CVA) — a formal…

Young female savers face having £100,000 less in retirement income than their male counterparts, according to new data from Scottish Widows. “Lower average earnings, part-time work…

The Scottish job market continued to recover from the effects of the coronavirus pandemic in February, according to the latest Royal Bank of Scotland Report…

A £79.5 million construction contract has been approved for award to build the first opening road bridge over the River Clyde — from Renfrew to…

Edinburgh-based Parsley Box, the “direct to consumer provider of ready meals focussed on the underserved Baby Boomer+ consumer” has announced its intention to seek admission…

Royal London said on Friday its 2020 profit before tax fell 68% to £131 million “reflecting reduced operating profit as well as lower relative returns on…

The board of Glasgow-based mobile power giant Aggreko plc said on Friday it will recommend that shareholders accept a £2.32 billion takeover offer from a newly…

The share price of Baillie Gifford’s high-flying flagship fund, Scottish Mortgage Investment Trust plc, fell another 6% on Thursday to around £10.88 as renewed worries about inflation and…

The Glasgow-based Royal Conservatoire of Scotland (RCS) has been named in prestigious global rankings released this week as one of the world’s top three destinations…