Parsley Box co-founder Adrienne MacAulay steps down
Edinburgh-based ready meals firm Parsley Box Group plc announced that, as it moves to the next phase of its development, co-founder Adrienne MacAulay has decided to…
Edinburgh-based ready meals firm Parsley Box Group plc announced that, as it moves to the next phase of its development, co-founder Adrienne MacAulay has decided to…
Chivas Brothers, the Scotch Whisky business of Pernod Ricard, has announced an £88 million investment into major expansions at Aberlour and Miltonduff, two of its…
Shares of NatWest Group, the bank formerly known as RBS, fell as much as 5% on Friday despite the company announcing that its first-quarter operating…
The chairman of NatWest Group, the bank formerly known as RBS, told shareholders at the company’s AGM in Edinburgh on Thursday that the company “deeply…
Scottish tech businesses bounced back in 2021, with 72% of companies reporting increased sales, according to new research from ScotlandIS. This marks a return to…
Edinburgh and Glasgow have both risen in the ninth edition of the widely-watched Global Green Finance Index (GGFI) from London thinktank Z/Yen. Edinburgh climbed four…
Two managers of Baillie Gifford’s flagship fund, the £17 billion Scottish Mortgage Investment Trust plc, have said the Edinburgh investment firm is in the business…
Glasgow-based global engineering and mining giant Weir Group said on Thursday it enjoyed record first-quarter orders with a 15% rise. However, Weir said the suspension of…
Scottish Friendly has announced its assets under management rose to £5.4 billion in 2021 and the mutual financial firm’s membership increased by 31,000 to 776,000….
The board of TSB Bank, with the support of Spanish parent company Banco Sabadell, has announce the permanent appointment of Glasgow-based Robin Bulloch as CEO….
Job vacancy numbers in Scotland continue to rise — but applications are on a continuous decline, according to new research from the Association of Professional…
Abrdn has invested £75 million in a sustainable private placement on behalf of its strategic partner Phoenix Group in The London School of Economics and…
Edinburgh-based house builder Miller Homes has hired investment banks for a $1.04 billion high-yield debt sale, Reuters reported. The deal would be the first high yield…
The National Pension Trust (NPT), a multi-employer master trust powered by XPS Pensions Group, is set to shift its default arrangement to a strategy that…
Edinburgh-based Circularity Capital, the “circular economy” European growth investor, has announced the oversubscribed final close of its second fund at €215 million. The firm said Circularity…
The British Business Bank has appointed a new Scottish representative to its UK Network team, with senior manager Barry McCulloch spearheading the bank’s presence north…
Caledonia Housing Association announced it has secured a “uniquely structured” £75 million private placement with support from NatWest to “further its commitment to both building…
London-based asset manager Schroders plc has announced proposals which it said “would lead to the enfranchisement of the non-voting ordinary shares” in the firm. “This will…
UK government borrowing was £151.8 billion in the financial year ending (FYE) March 2022, with the UK public sector net debt excluding public sector banks (PSND ex)…
Mark McSherry Twitter, Inc. announced on Monday afternoon it has entered into a definitive agreement to be acquired by a private entity wholly owned by Elon…
The UK’s first full-sized autonomous bus will take to the roads of Scotland for the first time this week as Stagecoach starts live testing the…
Shares of McColl’s Retail Group fell more than 50% on Monday after the firm warned that although a “potential financing solution is under active discussion”…
Abrdn European Logistics Income plc, a fund that invests in modern continental European warehouses, said on Friday that 2021 was a stand-out year for the…
Abrdn’s £580 million Asia Dragon Trust plc is continuing to bet big on “quality mainland companies” in China despite the current period of “extreme volatility” amid…
Swedish residential real estate firm Heimstaden Bostad AB has agreed to fund and acquire UK build-to-rent (BTR) developer PLATFORM_’s 464-home residential project in Bonnington Road,…
The Scottish Government is developing an aggressive plan to recruit and retain skilled workers from the rest of the UK. As part of a “priority…
Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, said on Thursday its Cononish Gold and Silver Mine near Tyndrum has achieved record levels of…
Stewart Milne Group announced it is embarking on a sale process of its housebuilding business following the decision of founder, principal shareholder and chairman Stewart Milne…
Edinburgh-based private bank Hampden & Co said on Wednesday that deposits from clients rose 39% to £696 million in the year to December 31, 2021, while…
Aberdeen-based bus and rail giant FirstGroup plc announced that Graham Sutherland has been appointed as chief executive officer with effect from May 16. Sutherland is…
Aberdeen-based engineering giant John Wood Group plc announced that Robin Watson intends to retire as chief executive. “The process to appoint his successor will now…
SSE Renewables announced it entered an agreement with Siemens Gamesa Renewable Energy (SGRE) to acquire its existing European renewable energy development platform for €580 million….
Abrdn’s investment platform Interactive Investor announced that the number of customers investing through its “regular investing” service rose by 19% in the first quarter of the…
The Scottish Government said that health boards in Scotland have recruited more than 1,000 new healthcare support staff and almost 200 registered nurses from overseas…
Farmland values rose by 31.2% in Scotland in 2021 against 6.2% across UK, according to a new report published by the Scottish Land Commission. The…
By Mark McSherry As fund manager James Anderson leaves Edinburgh-based investment giant Baillie Gifford after almost 40 years, he has shared more of his thoughts…
Legal & General Assurance Society Limited announced it agreed a £6.6 million full-scheme buy-in with Gordonstoun School Retirement Benefits Scheme, securing benefits for around 30…
By Mark McSherry Elon Musk has made a controversial “offer” to buy Twitter and take it private for $54.20 per share in cash in a proposed…
Abrdn-owned investment platform Interactive Investor has agreed a TV and digital sponsorship deal with Sky Media in the UK. “The partnership will feature Interactive Investor around…
Broughton Ales of the Scottish Borders and Keith-based Consolidated Craft Breweries have announced a merger. The deal brings together a portfolio of award-winning beers including…
Robertson Facilities Management (RFM) said it has been appointed by the Scottish Fire and Rescue Service (SFRS) to deliver “hard facilities management services” across its…
Shareholders of Martin Gilbert’s investment firm AssetCo have voted overwhelmingly in support of the group’s takeover of fund manager River & Mercantile. On January 25, AssetCo…
Kevin Dorren, CEO of Edinburgh-based ready meals firm Parsley Box Group plc, has bought another 320,000 shares of the company to take his holding in Parsley Box to…
Glasgow-based global engineering and mining giant Weir Group announced it successfully completed the refinancing of its main banking facility with a syndicate of 11 global banks. The…
The Scottish Government announced that two new volunteer trade and investment envoys, based in California, have been appointed to promote Scotland’s business interests to American…
SSE plc, the Perth-based renewable energy and power networks giant, announced that it successfully launched an issue of hybrid capital securities which was “well received ……
Aberdeen-based accountants and business advisors Anderson Anderson & Brown (AAB) has strengthened its leadership team across the UK with five new partners. Four of the new…
Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc on Tuesday announced the acquisition of Stevenage-based iTrinegy Limited, a developer of “software defined test networks technology for…
Edinburgh-based ready meals firm Parsley Box Group plc has reported results for its first “very challenging” year as a listed company — showing revenue increased 4%…
Edinburgh-based global investment management partnership Baillie Gifford has announced it will appoint eight new partners from May 1, 2022, and that four partners — James Anderson,…
Shares of Aberdeen-based engineering giant John Wood Group plc rose about 13% on Monday after it said an external investigation into a legacy Amec Foster Wheeler…
The Scottish private sector registered its fastest expansion in nine months with another strong performance in March, according to the latest Royal Bank of Scotland Purchasing…
Glasgow-based global engineering and mining giant Weir Group announced it has completed the acquisition of Carriere Industrial Supply Limited (CIS), a manufacturer and distributor of highly engineered…
Edinburgh-based investment giant Abrdn announced that it abstained as a shareholder on voting to approve Rio Tinto’s annual reports and accounts — citing the “nature,…
Scottish Building Society said it has posted record results for the financial year ended January 31, 2022. The mutual has seen its balance sheet grow…
Israeli energy conglomerate Delek Group announced that its North Sea subsidiary Ithaca Energy has acquired Siccar Point Energy — which owns 70% of the controversial Cambo…
The Scottish Government announced that Louise Macdonald has been appointed “interim Director-General (DG) Economy” to lead delivery of the “National Strategy for Economic Transformation.” Macdonald,…
Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, announced on Thursday it entered into an agreement with Fern Wealth GmbH of Switzerland to arrange…
Scotland’s salmon farming industry has joined calls from the Scottish food and drink industry for more flexibility in the UK’s immigration system to help address…
The £228 million Baillie Gifford China Growth Trust plc reported that its net asset value total return was -27.0% and its share price total return was -37.1%…
A shortage of talent could hamper start-ups in Scotland’s booming financial technology sector, according to senior fintech experts who spoke to the latest Core-Asset Consulting Annual…
Murray Estates announced it has received final approval from the Scottish Government for its £500 million housing development and supporting infrastructure in West Edinburgh. Murray…
EY announced it plans to double the size of its UK and Ireland (UK&I) consulting practice in the next four years, backed by £75 million…
Hawick-based Emtelle Group, a global manufacturer of “pre-connectorised blown fibre, cabling and ducted solutions,” has announced it will expand into North America for the first time by opening…
Shares of Glasgow-based cloud computing firm Iomart Group rose about 11% on Tuesday after it published its pre-close trading statement for the year ended March 31,…
Abrdn and the University of Edinburgh have formed an industry-academic partnership to establish a Centre for Investing Innovation. The project will received funding of £7.5…
A number of high flying funds and investment trusts managed by Edinburgh investment giant Baillie Gifford came back down to earth with a bang in…
Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, announced its intention to conduct a fundraising to raise gross proceeds of…
By Mark McSherry — As prominent international fund manager James Anderson prepares to leave Edinburgh-based investment giant Baillie Gifford after almost 40 years, he has written…
Shares of Glasgow-based fashion firm Quiz plc rose about 40% on Friday after it published a trading update for the financial year ended March 31,…