Veteran Scottish fund manager Martin Gilbert has predicted that 2023 “will prove to be the beginning of a renaissance” for active fund managers. Gilbert said…

Scottish house prices rose an average of £23,814 (10.9%) to £242,213 in the 12 months to November 2022, according to the latest Bank of Scotland data….

Glasgow-based mobile power giant Aggreko plc — bought in 2021 by private equity firms TDR Capital LLP and I Squared Capital — said on Wednesday it agreed…

Activist investor Crystal Amber Fund Ltd on Friday requisitioned a general meeting to remove six directors of West of Shetland oil and gas explorer Hurricane…

Edinburgh-based investment group Abrdn plc confirmed its chief financial officer (CFO) Stephanie Bruce is planning to leave in the coming months. Bruce has been CFO of Abrdn…

The UK government’s Public Accounts Committee has warned that Cabinet Office plans for managing central government’s extensive property estate portfolio — valued at £158 billion…

A total of nine clubs in Scotland (12.5%) are showing signs of financial distress, three more than in March 2022 and one more than in…

The Scottish Government said Scotland’s onshore wind capacity will more than double by 2030. The finalised Onshore Wind Policy Statement confirmed the Scottish Government’s ambitions…

Brexit has damaged the ability of UK companies to compete in the European Union, according to a survey from the British Chambers of Commerce (BCC)….

The Royal Scottish Academy announced it has received a significant bequest from the estate of artist Elizabeth Blackadder RSA RA (1931-2021). The RSA said that…

Shares of Scotgold Resources Limited, the Australia-based gold exploration firm that owns the Cononish Gold and Silver Mine near Tyndrum, fell about 9% on Wednesday after…

The UK government’s borrowing soared to £22 billion in November 2022 — £13.9 billion more than in November 2021 — according to the UK’s Office for National…

Bank of Scotland has revealed Scotland’s 25 most expensive streets, with Ann Street in the Stockbridge area of central Edinburgh taking the top spot. The…

Isle of Harris Distillers has secured a £10 million funding package from HSBC UK as it sets its sights on further international expansion.   The funding…

Bath Rugby has confirmed the signing of Scotland fly-half Finn Russell, who will join the English club following the 2023 Rugby World Cup after four…

Scottish employers are increasingly taking on graduate apprentices to secure new talent, according to the latest annual progress report for graduate apprenticeships, published by Skills…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), said the society has signed a new partnership agreement in Malaysia, by…

A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, announced it has acquired the remaining 38.2% equity stake in MOMA Foods…

The UK’s Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc a total of £48.6 million for operational risk…

Glasgow-based DeepMatter Group plc, the AIM-listed digital chemistry data and software company, announced on Monday that its shareholders have approved its plan to to leave…

Edinburgh-based Capricorn Energy announced that its third-biggest shareholder Palliser Capital has called for a general meeting of the firm to set a vote on removing seven Capricorn…

SSE Thermal announced it is developing a “first-of-a-kind” project in the Humber area of North East England which would unite hydrogen production, storage and power…

Assets managed by the investment trust industry have slipped about 3% in 2022 — standing at £268.5 billion as of December 9 — according to…

Stewart Milne Group has put the sale process of its housebuilding business “on hold for now” due to the “current uncertainty” in the housing market….

Aberdeen-based transport giant FirstGroup plc announced it has completed the sale of all but two of its remaining Greyhound US properties to an affiliate of Twenty Lake…

Figures from the Scottish Funding Council show that 91% of those completing college courses and leaving the college sector in 2020-2021 were in positive destinations,…

Halifax said on Friday it expects UK house prices to fall next year by around 8% as rising interest rates push up mortgage costs and…

NatWest Group plc announced that Stuart Lewis will be appointed as an independent non-executive director and member of its group board risk committee on April…

The Scottish Government said it plans to make changes to a number of devolved taxes to “raise additional revenue to support Scotland’s NHS and other…

Glasgow-based media firm STV Group plc on Thursday said it expects its total advertising revenue to be slightly down from a record year in 2021, with…

The UK central bank, the Bank of England, raised its key interest rate to 3.5% from 3% on Thursday, its ninth rate rise in a row….

SSEN Transmission said it welcomes UK regulator Ofgem’s approval of the need “for the strategic electricity transmission reinforcements required” to deliver the UK Government’s 50GW…

Giant trade association Offshore Energies UK (OEUK) has appointed David Whitehouse as its new chief executive, starting on January 1, 2023. OEUK represents 400 companies involved in producing…

US law firm Milbank told Reuters in a statement that it will acquire the London private equity practice of Scottish corporate law firm Dickson Minto early…

The Scottish Funding Council (SFC) announced the injection of an additional £24.6 million of funding to Scotland’s universities “to protect the nation’s research base and…

Scotland’s registered social landlords (RSLs) plan to develop more than 30,000 new homes and invest £1.7 billion in existing homes over the next five years,…

Edinburgh-based ready meals firm Parsley Box Group plc said its shareholders have approved its proposal to cancel its ordinary shares trading on the AIM stock market…

Edinburgh clinical-stage specialty pharmaceutical company Fitabeo Therapeutics has spun-out from the University of Strathclyde and said it plans “to address some of society’s most pressing…

UK inflation fell more sharply than expected in November after hitting a 41-year high high in October. The annual rate of consumer price inflation (CPI)…

The Chief Statistician for Scotland has released figures on the 2022 Scottish harvest that show it was a record year for cereal yields, boosted by…

A new report from Barclays Corporate Banking reveals that goods with a total value of almost £3.5 billion are stuck in Scottish manufacturers’ warehouses awaiting completion…

The latest labour market statistics from the UK’s Office for National Statistics (ONS) showed that Scotland’s estimated employment rate rose over the August to October 2022 quarter…

Edinburgh-based Green Bioactives Ltd (GBL), a developer of plant-derived natural products, announced it has successfully completed a £2.6 million seed financing round. GBL was founded in 2020…

The Scottish private sector reported a deepening contraction in private sector output during November, according to the latest Royal Bank of Scotland Purchasing Managers’ Index…

The outlook for Scotland’s budget in 2023-24 has been made more challenging due to factors wholly outwith the control of the Scottish Government, according to…

Microsoft is to take a 4% equity stake in London Stock Exchange Group (LSEG) as part of a 10-year commercial deal to migrate the exchange operator’s data…

Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, fell as much as 15% on Monday after it published…

By Mark McSherry — Former Baillie Gifford fund manager James Anderson has made a gift of $100 million to Johns Hopkins University’s School of Advanced International…

One of Joan Eardley’s last finished paintings of Glasgow street children has sold for £200,200 – an auction record for a work by the artist, the…

Edinburgh-based investment giant Abrdn plc announced the completion of the second £150 million phase of its £300 million share repurchase programme undertaken during 2022. “Over the…

Glasgow-based mobile power giant Aggreko plc — bought in 2021 by private equity firms TDR Capital LLP and I Squared Capital — said on Friday it…

ITV on Thursday announced an “enhanced strategic partnership” with STV, extending content sharing and advertising arrangements between the two television broadcasters. STV’s streaming service, STV…

Glasgow-based global intellectual property law firm Murgitroyd Group announce the acquisition of specialist UK-based IP firm Turnbull Lynch Intellectual Property (TLIP). Its fourth acquisition inside two years, the…

Aberdeen-based mechanical engineering group EnerMech announced it has acquired Stork Australia and New Zealand for an undisclosed sum as part of its strategic plan “to add…

DEAG Deutsche Entertainment Aktiengesellschaft of Germany has confirmed that it acquired a majority stake in Scottish event promoter Regular Music through its UK subsidiary Kilimanjaro…

Shares of Aberdeen-based global engineering and consulting giant John Wood Group rose as much as 8% on Thursday after former Elliot Management activist fund manager…

Defined Benefit (DB) pension scheme members in the UK could benefit from a 5% uplift in their pension benefit if the corporate sponsor defers buy-out…

Hiring activity fell across Scotland again in November amid candidate shortages, greater economic uncertainty and strong cost pressures, according to the latest Royal Bank of…

An advert for BrewDog has been banned by the the Advertising Standards Authority (ASA) over a “tongue-in-cheek” claim that its fruit-flavoured beers constitute “one of…

Glasgow-based fashion firm Quiz plc said its revenues increased 37% to £49.4 million in the six months ended September 30, 2022, and it made profit before tax…

Perth-based transport giant Stagecoach, now owned by German asset manager DWS, said its revenue rose almost 16% to £669.6 million and adjusted profit before taxation rose…

By Mark McSherry — Baillie Gifford’s £2.3 billion Monks Investment Trust plc said it made a loss on investments of £164.1 million in a “disappointing” six months…

By Mark McSherry — Martin Gilbert’s AssetCo has announced plans to bring together its four active equity asset management subsidiaries under its River and Mercantile brand….

By Mark McSherry — Abrdn announced it has provided £98 million of private placement debt to EnBW, one of the largest utility companies in Germany and…

Aberdeen-based North Star said it has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks…

Arizona-based Mangata Networks, a satellite-enabled cloud services company, announced it has chosen Scotland as the location for its research and development activities as well as…

By Mark McSherry — Phoenix Group Holdings plc announced on Tuesday that it expects to deliver £1.2 billion of incremental new business long-term cash generation in…

Glasgow-based cloud computing firm Iomart Group said on Tuesday it expects revenues for the year ending March 31, 2023, will be ahead of the firm’s…

The £453 million Aberdeen New India Investment Trust said its net asset value increased 5.9%, in total return terms, in the “turbulent” six months to September 30,…

A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, announced the acquisition of Leeds-based Boost Drinks, an established branded drinks business,…