Investors sought for woodland, peatland projects
Forestry and Land Scotland (FLS) is calling for corporate investors to help it make progress with woodland creation and peatland restoration projects on land that…
Forestry and Land Scotland (FLS) is calling for corporate investors to help it make progress with woodland creation and peatland restoration projects on land that…
Kintore, Aberdeenshire-based oil and gas pipeline specialist STATS (UK) Limited announced its revenues increased 17% to £49.7 million while EBITDA earnings rose to £7.8 million from…
The Scottish Government has announced that six Scottish islands will become carbon neutral by 2040. It said the Carbon Neutral Islands project is a programme…
North Yorkshire-based renewable energy firm Drax has submitted its application for planning consent to build a new underground pumped storage hydro power station which would…
Edinburgh-based investment giant Baillie Gifford revealed on Tuesday that its assets under management and advice have fallen more than 30% to £239 billion since the…
Macfarlane Group, the Glasgow-based packaging, design and distribution firm, has announced the acquisition of PackMann Gesellschaft für Verpackungen und Dienstleistungen mbH (PackMann), a protective packaging distribution…
The unemployment rate for people aged 16 and over in Scotland fell to a record low of 3.2% in the January to March quarter, according…
Homes for Scotland (HFS) has announced that BT executive Jane Wood will be its new chief executive with effect from Wednesday, June 1. Wood succeeds…
An investment director at Edinburgh-based asset management giant Abrdn has warned that slowing growth and rising inflation will likely erode the profitability of companies going…
Veteran Scottish investment banker Angus Grossart has died at the age of 85 after a short illness. Edinburgh-based merchant bank Noble Grossart confirmed its chairman…
Savills’ latest report on the Glasgow office market has reported that Scotland’s biggest city is at a “tipping point” as a lack of new office…
Former Scottish Rugby chief operating officer Dominic McKay has been confirmed as permanent chairman of the European Professional Club Rugby (EPCR), tournament organiser of the Heineken…
Shepherd Chartered Surveyors announced it has been appointed by the joint administrators of Countesswells Development Limited (CDL) to market a massive 3,100-home development site west…
Salmon Scotland, the body which represents the Scottish salmon industry, has raised fears that a “trade war” with the EU could have a devastating impact…
The latest Royal Bank of Scotland Report on Jobs survey from IHS Market shows that the start of the second quarter saw a “further marked increase…
The rebranded Port of Aberdeen has reported a 1.5% increase in turnover to £33.5 million for 2021 — as progress continued with its £400 million expansion…
Edinburgh-based bathroom wall panel designer Grant Westfield has agreed to be acquired by Wilmslow-based Norcros for an enterprise value of £80 million, with an additional potential earnout…
A rare, early portrait of Anglo-Irish author Jonathan Swift is to be auctioned live online from Edinburgh by fine art auctioneers Lyon & Turnbull on…
London-based wealth manager Tilney Smith & Williamson, which is re-branding to Evelyn Partners this summer, has further strengthened its presence in Scotland by adding Capital…
Abrdn CEO Stephen Bird has joined the Investment Association’s board of directors, replacing outgoing director Hanneke Smits, CEO of BNY Mellon Investment Management. The Investment…
TIGA, the trade association for the UK video games industry, released new data showing that employment in the Scottish video games development industry grew 26%…
Fintech platform Ferovinum has announced its launch into the Scotch whisky industry, backed by institutional capital of £100 million. The fintech business behind Ferovinum — a…
The chief executive of Edinburgh-based Capricorn Energy told the firm’s AGM on Wednesday that the last 12 months have been “transformational” for the company as…
Baillie Gifford’s Scottish Mortgage Investment Trust has lost its position as the largest UK investment trust by stock market value amid the brutal sell-off in…
The Service Employees International Union (SEIU) in the United States said it has raised concerns with investors about “possible impacts on workers rights” stemming from…
Edinburgh Airport has announced it handled almost a million passengers in April — but this was 26% fewer than in the same month in 2019….
Abrdn Research Institute’s deputy head Stephanie Kelly has left to join investment manager Redwheel in the newly created role of head of thematic sustainability research….
Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said on Tuesday it has made a solid start to 2022 with first quarter sales and profits…
Private sector activity growth in Scotland accelerated to an 11- month high in April, according to the latest Royal Bank of Scotland Purchasing Managers Index…
Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced the appointment of entrepreneur Maggie Semple as an…
Wheatley Housing Group Limited — Scotland’s biggest social landlord — announced that group director of finance Steven Henderson will be its new chief executive. Henderson will take…
Scotland’s food and drink exports rose 14.6% in 2021 to £5.7 billion, recovering significant lost ground, but were still down 5.6% on 2019, according to research…
By Mark McSherry The Scottish Government said that First Minister Nicola Sturgeon will “underline Scotland’s key interests in global issues” when she visits the United…
Abrdn-owned investment platform Interactive Investor said it has hired Santander executive Saj Arshad as Chief Commercial Officer. “Saj brings a strong track record of driving business…
Venture capital investment in Scotland’s fast-growth businesses soared to £181 million in first quarter of 2022, according to KPMG’s Venture Pulse Survey. Scottish scaleups saw…
Archangels, the Edinburgh-based business angel investment syndicate, has appointed former investment analyst and fund manager Ian Macleod as the new chair of its board. Macleod takes…
The board of McColl’s Retail Group said on Friday it has placed the company in administration with PriceWaterhouseCoopers “in the expectation that they intend to implement…
The Scottish National Investment Bank said on Friday that £194.4 million of investment has been committed so far across 14 “mission-aligned” investments in projects and businesses…
McColl’s Retail Group said on Thursday it may soon be placed into administration “with the objective of achieving a sale of the group to a third-party…
Scotland’s Anderson Anderson & Brown (AAB) has announced a merger with FPM, an all-Ireland independent accountancy and business advisory firm. AAB Group has grown rapidly…
A £30 million transformation programme has been unveiled by Bruntwood SciTech after it acquired Glasgow’s Met Tower — the old City of Glasgow College building —…
Virgin Money, the Glasgow-headquartered banking group formerly known as CYBG, on Thursday posted a pre-tax profit for the six months ended March 31 of £315…
The UK central bank on Thursday raised interest rates to their highest since 2009 — hiking borrowing costs by a quarter-point to 1% to fight…
The US Federal Reserve on Wednesday announced its biggest hike in interest rates since 2000 and announced it would start shrinking its $9 trillion balance…
Schroders Capital’s private equity team has been appointed by UK pension scheme Nest to manage its private equity allocation. Nest was set up by the…
Equity investment into smaller businesses in Scotland’s technology industry reached £163 million by the end of the third quarter of 2021, 36% higher than 2020’s…
All sectors of the Scottish economy recorded “large and positive net balances” for their volume of business in the first quarter of 2022, with this…
Edinburgh-based house builder Miller Homes has raised £815 million in a bond sale, but banks had to offer investors a higher yield than originally planned, Reuters reported. The deal…
James Watt, CEO and co-founder of Aberdeenshire-based craft brewing firm BrewDog, said he will give up to £100 million of his personal shareholding in the firm…
HSBC Holdings plc has seen its share price rise more than 4% in the past few days after its largest shareholder, Chinese insurance giant Ping An, urged…
McColl’s Retail Group announced on Tuesday it expects to request that its shares be temporarily suspended from June 1 after confirming “it will not be in…
Industry body Scotland Food & Drink announced that its CEO James Withers has decided to step down after nearly 11 years in post. Withers said…
Russian Premier League winner Zenit St. Petersburg’s place in the next UEFA Champions League group stage will go instead to the champions of Scotland, according…
Kintore, Aberdeenshire-based oil and gas pipeline specialist STATS (UK) Limited has confirmed that a deal announced in December to sell 100% of its issued share…
UK government business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan 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…