NatWest-RBS pledges £100bn climate finance
Natwest-RBS said on Wednesday it is planning to increase lending linked to sustainable and climate-related finance to £100 billion by 2025. The pledge comes ahead…
Natwest-RBS said on Wednesday it is planning to increase lending linked to sustainable and climate-related finance to £100 billion by 2025. The pledge comes ahead…
Perth-based Stagecoach Group plc, Britain’s biggest bus operator, said on Tuesday it is still in talks to be taken over by National Express Group Plc and…
Barclays has officially opened its new campus on the south bank of the River Clyde in Tradeston, Glasgow, to house its technology, operations and functions…
Edinburgh-based rocket company Skyrora said it has agreed a multi-launch deal with the SaxaVord spaceport on Unst, the most northerly of the Shetland Islands, as it…
Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc rose about 7% on Tuesday after it published a strong update on trading for the…
Aberdeen-based housebuilder Stewart Milne Group said it is putting its timber systems business up for sale “to focus on investing in the growth of Stewart…
A newly formed group of big companies with major a footprint in Scotland have joined forces to launch a new climate action initiative ahead of…
Scottish private sector companies registered a further sharp uplift in business activity during September, according to the latest Royal Bank of Scotland PMI report from…
Real estate advisor Avison Young has released its latest quarterly Glasgow office market update, covering the third quarter of 2021, showing up a 66% rise…
The UK’s Investment Association (IA) has reported that retail investors put £5.3 billion into funds in August – a record amount for that month. Salford…
Airlines have been invited to bid for a contract to resume “lifeline” flights from Wick John O’Groats Airport, which is operated by Highlands and Islands…
Hiring activity across Scotland continued to surge in September, according to the latest Royal Bank of Scotland Report on Jobs from IHS Markit, completing a…
OGUK, which represents the UK’s offshore oil and gas industry, has warned that UK gas production will fall 75% by 2030 without new investment. OGUK warned…
Funds focused on UK equities suffered heavy selling from investors spooked by the multiple crises afflicting the UK in September, according to the latest Fund…
Greenpeace announced it has lost its court case challenging the UK government’s decision to grant a permit to BP to drill the Vorlich Field in…
Glasgow-based global engineering and mining giant Weir Group — one of Scotland’s biggest listed companies — said on Thursday it was subjected to an attempted ransomware attack…
NatWest said on Thursday it has pleaded guilty to three offences of money laundering between 2012 and 2016 “in relation to the accounts of a…
Adam Smith Institute head of research Matthew Lesh has dismissed UK Prime Minister Boris Johnson’s speech at the Conservative Party Conference as “bombastic but vacuous…
By Mark McSherry Scottish-born Princeton University professor David MacMillan has been awarded the 2021 Nobel Prize in chemistry “for the development of asymmetric organocatalysis.” He shares…
By Mark McSherry Edinburgh-based asset management giant abrdn announced it has agreed as a member of a bondholder committee to a restructuring of $530 million…
Glasgow-based media firm STV Group plc has announced that it reached agreement with the trustees of its defined benefit pension schemes — the Scottish & Grampian…
The Borderlands Partnership said it has published a Borders Railway Prospectus which “will inform ongoing discussions with the UK and Scottish governments for the extension…
Scottish Borders Housing Association (SBHA) has secured a £58 million loan facility from Royal Bank of Scotland to support investment in current homes and the…
Fundraising by existing investment trust companies in 2021 has already exceeded the previous 2019 record for secondary fundraising — with £8.71 billion raised so far…
The Scottish Government has announced what it called a “record winter funding package” to help increase NHS and social care capacity in Scotland this winter….
Thurso-based battery cell developer AMTE Power, which went public in March, has announced a joint venture in Australia and published results for the year to…
Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, has announced a programme of investment in the iconic Standard…
By Mark McSherry ESG investment frameworks “are profoundly damaging to the prospect of changing the corporate sector” according to James Anderson, the outgoing joint manager of…
Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, has reported a 24% increase in gold concentrate produced at its Cononish Gold and Silver Project…
The UK’s energy market regulator Ofgem said on Monday it has launched two investigations into whether SSE Generation Limited, part of Perth-based SSE, and transmission…
Martin Gilbert’s investment firm AssetCo plc announced it has completed the acquisition of a 30% equity interest in Parmenion Capital Partners LLP, a discretionary investment…
Aberdeen-based transport group FirstGroup plc announced that its subsidiary First South West Limited has acquired the remaining 50% shareholding in its Somerset Passenger Solutions Ltd…
NatWest Group has announced that Coutts, its wealth manager and private bank, is launching in Scotland. Coutts in Scotland will be led by Alisdair Dewar…
By Mark McSherry Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, said on Friday its portfolio company Exscientia plc has announced the pricing of…
Baillie Gifford’s high-flying flagship fund, the £20 billion Scottish Mortgage Investment Trust plc, announced the appointment of Prudential plc chief financial officer Mark FitzPatrick as a non-executive director….
A new report from OGUK, which represents the UK’s offshore oil and gas industry, reports that global demand for gas will rise for the next…
Shares of Glasgow-based cloud data centre operator Iomart Group plc fell 16% on Friday after it said it anticipates that results for the full year…
Aberdeen-based transport group FirstGroup plc announced that its Greyhound bus subsidiary has been awarded an initial funding grant of $84.6 million from the first tranche…
Shares of Edinburgh-based ready meals firm Parsley Box Group plc fell almost 40% on Thursday after it published a trading update that showed 18% year on year…
A new report produced by BiGGAR Economics – Scotland’s Care Sector: An Economic Driver – says that far from being a burden on the public…
Glasgow-headquartered Virgin Money has announced plans to close another 31 branches, including 12 in Scotland, as it “accelerate its digital strategy, enabling greater efficiency.” When…
The Scottish economy is set to recover to pre-pandemic levels three months earlier than previously thought. That’s according to the latest quarterly economic commentary from…
More than 2,000 jobs will be created with Social Security Scotland over the next 12 months, First Minister Nicola Sturgeon has announced. Recruitment will start…
A consortium of TotalEnergies, Macquarie’s Green Investment Group (GIG) and Scottish developer RIDG has announced a bid for an offshore wind project in an area…
Perth-based renewable power and networks giant SSE has announced that output from its SSE Renewables’ assets in during the April 1 to September 22 period this…
Shares of Glasgow-based fashion firm Quiz fell as much as 20% on Wednesday after it published results for the year ended March 31, 2021, showing revenue…
Edinburgh-based investment giant abrdn said on Wednesday it sold another 5% of HDFC Asset Management Company Limited in India to raise £268 million. The money…
Perth-based SSE Renewables announced it has signed an agreement with Pacifico Energy, one of Japan’s largest developers of renewable energy, to create a joint ownership…
Plans to create the first Scottish Cyber Security Innovation Hub — to help drive further growth and innovation in Scotland’s thriving cyber security sector —…
Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, has announced five new appointments to its bulk purchase…
Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 4% on Tuesday after it announced it signed a contract with…
Greencoat UK Wind plc has agreed to acquire Andershaw wind farm in South Lanarkshire from Statkraft UK Limited for £121 million. “Andershaw is a 35MW wind farm located two miles…
SSE Renewables, Japanese conglomerate Marubeni Corporation (Marubeni) and Danish fund management company Copenhagen Infrastructure Partners (CIP) said up to £15 billion would be added to…
A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, said on Tuesday it will recommence payment of dividends as it reported…
Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, announced it has converted loans from four directors into shares in the company. On September 1,…
Shares of Beeks Financial Cloud Group Plc, the Glasgow-based cloud computing and connectivity provider for financial markets, rose about 11% on Monday after it announced…
Assets under management held by the UK Investment Association’s 270 member firms grew to £9.4 trillion by the end of 2020, an increase of 11%…
The Scottish Government has announced that testing for inbound international travel to Scotland is to be eased and will align with the UK. The move…
Thurso-based battery cell developer AMTE Power, which went public in March, announced that James Hobson, 43, will join its board as chief financial officer designate on…
Edinburgh-based Cairn Energy and consortium partner Cheiron Petroleum Corporation announced the completion of the acquisition of a portfolio of upstream oil and gas production, development and…
Lloyds Banking Group plc (LBG) — owner of Scottish Widows and Bank of Scotland — announced that insurance industry veteran Nick Prettejohn will step down…
Unite the union has warned National Express that its bid to take over Stagecoach comes at a time of industrial unrest amongst the target firm’s…
The recovery of Scotland’s aviation sector is the slowest in the UK and continues to lag behind the rest of Europe — making clear the…
Ineos said on Wednesday it will convert its Grangemouth petrochemicals plant and oil refinery to run on hydrogen at a cost of more than £1…
The University of Strathclyde has received a £50 million donation from alumnus Charles Huang PhD through his philanthropic foundation — the largest gift the university…
Pernod Ricard has agreed to acquire The Whisky Exchange, the London-based online and physical retailer that is a reference for global whisky and fine spirits…
Perth-based renewable power and networks giant SSE announced on Tuesday that Stephen Wheeler is to be appointed as managing director, SSE Renewables, following Jim Smith’s…
Edinburgh-based Craneware, a provider of software for the US healthcare market, said on Tuesday its revenue for the year to June 30, 2021, rose 6% to…
Celtic plc reported that its revenue fell 13.4% to £60.8 million in the financial year to June 30, 2021, and it made a loss before taxation…
National Express Group Plc announced on Tuesday it is in talks to buy Perth-based Stagecoach in an all-share deal that would value the Scottish transport…