By Mark McSherry Scotland’s local authorities made debt repayments of £553 million in 2021-22, and had total debt of £20.5 billion at March 31, 2022….

Abrdn plc said it has agreed to sell Abrdn Capital, its discretionary fund management (DFM) business, to Liechtenstein-based private bank LGT for about £140 million….

Edinburgh investment giant Abrd reported IFRS loss before tax of £615 million for the year ended December 31, compared to a £1.1 billion profit in…

Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, said its revenues increased 35% to £10.40 million in the…

Edinburgh-based oil and gas firm Capricorn Energy, where shareholders recently ousted the executive leadership and terminated a planned merger, on Monday published an update on…

Edinburgh-based DirectID, a fintech specializing in credit risk, risk analytics and predictive modelling using bank transaction data, announced that Ingka Investments has made a €9…

Assured Guaranty UK Limited (AGUK) announced that it has guaranteed principal and interest payments on a £210 million private placement issued by City Property Glasgow…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said its revenue from continuing operations grew 10% in 2022 to £290.4 million while profit before…

By Mark McSherry John Wood Group, the Aberdeen-based global engineering and consulting giant, confirmed late on Wednesday afternoon that it has received three unsolicited, preliminary and…

Lloyds Banking Group plc — owner of Bank of Scotland, Scottish Widows and Halifax — on Wednesday announced a share buyback of up to a…

Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, said its revenue increased 85.6% to £161.9 million in the six months ended…

Scotland’s mid-market businesses attracted a record amount of private equity in 2022. Over the course of the year, 51 deals involving Scottish firms were completed…

Aberdeenshire-based craft brewing giant BrewDog is to expand in China after forming a joint venture with Budweiser China. BrewDog, in which private equity firm TSG owns…

Plants are to be used to recover gold and other metals from mining wastes as part of cutting-edge research led by Scotland’s Rural College (SRUC)….

NatWest Group — formerly known as RBS — said its operating profit before tax rose 33% to £5.1 billion in 2022 as its total income rose…

Devro, the Glasgow-based sausage skin and food collagen products firm, said on Thursday it has agreed an increased and “final” takeover offer from German food…

AssetCo chairman Martin Gilbert said the fund manager continues to seek acquisition opportunities even as the firm reported a loss of £9.2 million for the…

Edinburgh-based oil and gas firm Capricorn Energy on Wednesday terminated its planned merger with Israeli gas group NewMed Energy after months of shareholder pressure that also toppled…

Nicola Sturgeon confirmed on Wednesday she will resign as Scotland’s first minister after more than eight years in the role. Sturgeon told a news conference:…

By Mark McSherry The Abrdn China Investment Company reported that its net asset value (NAV) total return was -37.0% in the year to October 31, 2022,…

Scotland’s employment rate reached a record high between October and December of 2022, according to the  latest statistics published published by the UK’s Office for National…

Investment worth £105 million has been agreed to increase the number of affordable homes in Scotland. the Scottish Government announced. The Charitable Bond programme provides…

Abrdn has announced it will prioritise executive remuneration and cost-of-living in the UK, diversity on US boards, “Say on Climate” advisory votes and climate “laggards”…

A study by a senior official at the UK central bank found that Britain has suffered a loss of business investment worth £29 billion since the…

NatWest Group — formerly known as RBS — announced it has agreed to acquire 85% of Cushon, a Net Zero workplace savings and pensions fintech, for…

Abrdn Smaller Companies Income Trust plc announced that it intends to undertake a strategic review to consider the future of the company. The fund had…

The Scottish private sector reported a further fall in total activity in January, according to the latest Royal Bank of Scotland Purchasing Managers Index (PMI)…

Celtic plc announced its revenue increased 44.8% to £76.5 million in the six months to December 31, 2022, and profit before taxation rose to £33.9 million…

Scottish salmon was the UK’s biggest food export in 2022, despite the volume of fish transported overseas falling 26%, new HMRC figures have revealed. Sales of…

Global exports of Scotch Whisky grew to more than £6 billion for the first time in 2022, according to figures released by the Scotch Whisky…

This week’s Royal Bank of Scotland Report on Jobs survey revealed a rebound in the number of people placed in permanent jobs during January. Scotland’s…

NatWest-RBS has announced that it will immediately stop all reserve-based lending for new customers financing oil and gas exploration and extraction, before phasing it out entirely…

By Mark McSherry — Baillie Gifford’s £950 million investment trust Scottish American Investment Company (SAINTS) has extended the company’s record of dividend increases to 49 consecutive years. The…

Aberdeen-based transport group FirstGroup plc announced that the UK Department for Transport (DfT) has exercised its option to continue the current contractual arrangements for the…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, announced it conditionally raised gross proceeds of £2.5 million through a share placing and subscription…

DC Thomson, the Dundee-based publisher of newspapers, magazines and comics — including The Press and Journal, The Courier, The Sunday Post and The Beano — is…

Mackie’s of Scotland, the ice cream, food and drink brand, reported that record increases in the cost of ingredients, haulage, feed and fertiliser affected its…

Abrdn, the Edinburgh-headquartered asset management giant, has become the UK’s most shorted company as hedge funds and investment firms make big bets that the Scottish firm’s…

Scottish responsible finance provider Social Investment Scotland (SIS) has appointed community finance expert Arran Dewar as executive director of SIS Ventures, its wholly owned early-stage…

Aberdeen-based transport giant FirstGroup plc has announced an agreement to purchase Essex-based Ensign Bus Company Limited. FirstGroup shares rose about 5%. “The acquisition of the Ensignbus…

Scotland’s economy will contract throughout most of 2023, according to the Fraser of Allander Institute’s latest quarterly economic commentary, which includes an assessment of all…

UK-focused stock funds suffered their third-worst month of outflows on record in January as investors withdrew a net £868 million from their holdings, according to…

Santander UK announced the appointment of Andrew Wilson — the former SNP MSP and RBS executive — as Director of Corporate Communications and Responsible Banking and…

Total investment in green skills led by the Glasgow-based Industrial Biotechnology Innovation Centre (IBioIC) has topped a “milestone” £25 million, new figures reveal. The amount…

Entrepreneur Andy Tait is teaming up with Texas-based Sallyport Commercial Finance LLC to launch a commercial lender in Scotland that plans to back small businesses…

Edinburgh came in second place and Glasgow in third place in real estate firm Colliers’ latest Top UK Residential Investment Cities report. The city of…

Scotland’s national digital skills academy CodeClan and specialist recruitment firm Eden Scott have formed a partnership to “deliver tech talent to Scotland plc.” The tie-up…

Stagecoach has announced the launch of what it called “the UKs first fully-electric city bus network” in Inverness. The Perth-based transport firm said it will…

Glasgow-based digital pharmacy Phlo has closed a £10 million Series A round led by family office Thairm Bio. The funds will be used to expand…

Buccleuch — one of Scotland’s biggest private landowners — announced it has concluded missives with Exeter-based Oxygen Conservation for the sale of 11,390 acres of the…

UK investors withdrew £25.7 billion from funds in 2022, the first annual outflow recorded by the Investment Association (IA). Investors took £282 million out of…

Edinburgh investment giant Abrdn said it has engaged with some of its largest mining holdings following “incidents of unacceptable work-place behaviours in the sector, including sexual…

Edinburgh-based oil and gas firm Capricorn Energy late on Wednesday confirmed six new board members, with Craig van der Laan appointed the firm’s new chair and…

Andrew Wilson, co-founder of the strategic communications consultancy Charlotte Street Partners, is to leave the company this month “to pursue new opportunities.” Wilson is a…

Glasgow-headquartered Virgin Money UK plc said its deposits grew 1.2% to £66.2 billion in its first quarter, with “strong growth in new term deposits at…

James Watt, CEO and co-founder of Aberdeenshire-based craft brewing firm BrewDog, has revealed in a LinkedIn post that he has been “diagnosed not only with…

Edinburgh investment giant Abrdn announced it has appointed Peter Branner as chief investment officer (CIO), effective May 1, 2023, reporting to Chris Demetriou and Rene…

Ahead of the Six Nations rugby starting this weekend, new data from social investing network eToro shows that the strongest XV Scotland-headquartered stocks have easily…