Edinburgh-based investment giant Standard Life Aberdeen announced on Monday that it has been officially renamed abrdn plc. The company’s stock market ticker was changed from…

The Scottish Government said on Friday that an additional £380 million is being allocated to Health Boards to help with costs arising from the pandemic….

Aberdeen-based John Wood Group plc confirmed on Friday that Amec Foster Wheeler Energy Limited (AFWEL) has entered into a Deferred Prosecution Agreement (DPA) with the…

The funding status of the UK’s 5,300 corporate defined benefit (DB) pension schemes continues to show that schemes are, on average, in a clear surplus…

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, said on Friday it is aiming for its second shipment of gold concentrate from…

Norwegian-owned Scottish Sea Farms has agreed to acquire Shetland and Skye-based Grieg Seafood Hjaltland UK from its Norwegian parent Grieg Seafood ASA for £164 million. Stirling-based…

Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, rose about 4% on Thursday as it published a trading update for…

Scottish and Southern Electricity Networks (SSEN) Distribution, a wholly owned subsidiary of SSE Plc, has published a £4.1 billion draft business plan for 2023 to 2028,…

Murray Capital Group has filed accounts for the 18-month period ending June 30, 2020, showing turnover from continued operations of £100.1 million — as ownership of…

Martin Gilbert’s investment firm AssetCo plc said on Thursday it reached agreement with Preservation Capital Partners Limited to acquire a 30% equity interest in Parmenion Capital…

Shares of troubled West of Shetland oil and gas explorer Hurricane Energy plc rose almost 30% on Wednesday after it said chairman Steven McTiernan and…

Perth-based transport giant Stagecoach Group plc said on Wednesday its revenue fell 35% to £928.2 million in the year to May 1, 2021, as its…

Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — said on Wednesday its core revenue fell 15%…

The £8 billion Lothian Pension Fund (LPF) said on Tuesday it paid out £194.3 million in pension benefits to 33,915 beneficiaries in 2020-21 compared to £185.8…

The Registers of Scotland’s Property Market Report 2020-21 shows that the average price of a residential property in Scotland in 2020-21 was £194,100, up 6.7%…

Natwest-RBS has capped the daily amount its customers can send to cryptocurrency exchanges — including the Binance platform — because of concerns over investment scams and…

Edinburgh-based investment giant Standard Life Aberdeen plc said on Tuesday it has sold almost 5% of HDFC Life Insurance Company Limited in India to raise…

Troubled West of Shetland oil and gas explorer Hurricane Energy plc said on Monday the High Court of Justice of England and Wales has not…

Edinburgh-based private bank Hampden & Co announced that Colin Tate has joined the firm as chief operating officer (COO). Tate joins Hampden from Sainsbury’s Bank where…

Martin Gilbert’s investment firm AssetCo plc said on Monday it expects to “announce further activity” soon as it targets asset management deals. AssetCo said it…

Aberdeen-based John Wood Group plc announced that “agreements have been reached” with the UK’s Serious Fraud Office, the Department of Justice and Securities and Exchange…

NatWest Group’s Ulster Bank said on Monday it agreed to sell most of its commercial lending business in the Republic of Ireland to Allied Irish Banks…

Cumbernauld-based Irn-Bru maker A.G. Barr on Friday announced changes to its board. Former Dairy Crest Group CEO Mark Allen has been appointed as an independent non-executive…

Perth-based energy and networks giant SSE plc has announced the appointment of two new non-executive directors, Elish Angiolini QC and TSB Bank CEO Debbie Crosbie….

Shares of Thurso-based battery cell developer AMTE Power, which went public in March, rose 7% on Thursday as the firm announced it has been selected to…

The UK central bank’s monetary policy committee (MPC) said on Thursday it voted unanimously to maintain its benchmark lending rate at 0.1% and by 8-1…

Renewable energy company Drax Group said it is kickstarting the planning process to build a new underground pumped hydro storage power station that will more…

Shares of Aberdeen-based global engineering group Wood plc fell about 4% on Thursday after it published a trading update for the six months ended June…

Expectations for Scotland’s economic growth have been revised up to 5.9% for 2021 and 2.5% for 2022, according to the latest Economic Commentary by the…

Scotland’s onshore GDP grew by 2% in April as the stay at home restriction was lifted and the phased re-opening of consumer-facing services began, according…

Aegon Asset Management said on Wednesday it has closed its UK Property Income and Property Income feeder funds after failing to raise sufficient cash to…

Swiss Re said on Wednesday it has reduced its shareholding in Phoenix Group Holdings plc, acquired in the sale of ReAssure in 2020, by selling…

The UK’s Competition and Markets Authority (CMA) has issued a warning to Monzo, NatWest Group, Virgin Money and Bank of Ireland after the banks breached a…

The Office for National Statistics (ONS) said on Tuesday the UK Government’s borrowing is estimated to have been £24.3 billion in May 2021 — the second-highest May…

Banco Sabadell is open to selling TSB Bank plc at some point, according to the Spanish bank’s CEO Cesar Gonzalez-Bueno, Reuters reported. The CEO said…

Scottish Enterprise, Scotland’s national economic development agency, has announced the appointment of Adrian Gillespie as its new chief executive, effective September 1. Gillespie joins Scottish Enterprise from…

Scotland is still seen as the second most attractive region in the UK after London for international investment into financial services, according to EY’s latest UK…

Edinburgh-based cloud accounting software firm FreeAgent, acquired by NatWest-RBS in 2018, announced that co-founder Ed Molyneux will step down from his role as CEO this…

The £677 million Scottish Investment Trust plc (SIT), which recently announced it will “undertake a review of the future investment management arrangements of the company,”…

Baillie Gifford fund manager James Anderson said the FTSE 100 “is really a 19th century and not even a 20th century index” and that the…

The Scottish Government said on Monday the Scottish Qualifications Authority (SQA) is to be replaced and schools agency  Education Scotland “substantially reformed” following publication of…

Exports of UK food and drink products to the EU fell 47% in the first quarter of 2021 compared with Q1 2020 as a result…

Baillie Gifford’s £3.3 billion Monks Investment Trust plc said on Friday the fund’s net asset value (NAV) total return was 55.5% for the year to April 30, 2021, compared…

Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, said on Thursday it has been selected as a partner for the University of Leeds…

By Mark McSherry The Scotch Whisky Association (SWA) on Thursday welcomed the UK Government’s announcement that tariffs on Scotch Whisky have been suspended for a…

Standard Life Aberdeen (SLA), currently changing its name to Abrdn, has announced the appointment of Tracey Hahn as its Chief People Officer. Hahn will report…

Wheatley Housing Group Limited — Scotland’s biggest social landlord — announced that its chief executive Martin Armstrong will step down next summer. “The board will begin…

The tech sector accounted for 44% of equity investment in Scotland’s small businesses last year, with £124 million invested in smaller tech companies in Scotland…

First Minister Nicola Sturgeon has lodged a motion in the Scottish Parliament seeking agreement to recommend to The Queen that Dorothy Bain QC and Ruth…

Edinburgh-based investment giant Baillie Gifford announced it will re-open its £6.2 billion Diversified Growth Fund to new investors and lower the fund’s annual management fees, with effect…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday that talks to sell its…

Glasgow-based cloud data centre operator Iomart Group plc said on Tuesday its revenue proved resilient through the Covid-19 pandemic as it came in at £111.9…

The Scotch Whisky industry has welcomed the Agreement in Principle reached over a UK-Australia Free Trade Agreement (FTA), which has removed the 5% tariff on…

John Menzies plc, the Edinburgh-based global aviation services business, announced it has agreed a £3.4 million investment to acquire a minority equity stake, by way of…

The latest IHS Markit-Royal Bank of Scotland Purchasing Managers’ Index (PMI) report shows that the easing of Covid-19 restrictions led to a ramping up of…

US clinical research company Q2 Solutions has announced a multi-million pound inward investment at its Livingston campus, creating 156 skilled jobs over the next three years. Supported…

Oil and gas firm EnQuest announced on Friday it signed a new debt facility for $750 million to enable a refinancing and fund the acquisition…

Edinburgh-based Tesco Bank has announced the appointment of Richard Henderson as its chief financial officer (CFO). The appointment is effective from June 30, 2021, and is…

The board of Edinburgh-based rented housing developer Sigma Capital Group said on Friday it agreed to accept a cash takeover from funds managed by London-based…

Boutique fund manager Crux Asset Management Ltd has announced the appointment of Baillie Gifford Asia investment specialist Ewan Markson-Brown to lead a Crux expansion into…

Aberdeenshire-based craft brewing giant BrewDog has apologised after allegations were made in an open letter by a group of former employees called “Punks With Purpose”…

Shares of Celtic plc rose about 3% on Thursday after it announced the appointment of former Australian national team head coach Ange Postecoglou as the club’s…

The University of Dundee and its partner Central South University (CSU) have announced the launch of a new joint education institute in China called the…

Menzies Distribution announced the acquisition of JBT Distribution, a Bathgate-based logistics and supply chain services business with annual sales of more than £23 million. Private…

The Scottish Government said on Wednesday that crops in every field farmed in Scotland have been recorded by satellite imagery to create a new interactive…

The £370 million Baillie Gifford UK Growth Trust is to ask its shareholders at its August 5 AGM for the authority to invest up to 10%…

Former Aberdeen Standard Investments executives Alex Barr and James Witter have launched Bread Street Capital Partners Ltd, a new investment management business specialising in broadening investor…

North Sea focused oil and gas development company Orcadian Energy plc said on Wednesday said it is planning an initial public offering on London’s AIM…

Thurso-based battery cell developer AMTE Power, which went public in March, said on Wednesday that its chief financial officer Adam Westcott has decided to leave…

Shares of Edinburgh-based Craneware, a provider of software for the US healthcare market, fell about 10% on Tuesday after it said it sold shares in a…