Scottish Land & Estates appoints new chair
Scottish Land & Estates (SLE), the rural business organisation, has appointed Dee Ward as its new chair. Ward succeeds Mark Tennant, who has been SLE chair…
Scottish Land & Estates (SLE), the rural business organisation, has appointed Dee Ward as its new chair. Ward succeeds Mark Tennant, who has been SLE chair…
MilliporeSigma, the US and Canada Life Science business of Merck KGaA, Darmstadt, Germany, announced that its Life Science business sector is investing €35 million in…
Scottish economic growth was four times that of the UK as a whole in the first quarter of 2023, according to figures from the Office…
Edinburgh-based investment group Abrdn said it has sold its remaining £198 million stake in HDFC Life, a long-term life insurance provider in India. Abrdn has…
Highlands and Islands Airports Limited (HIAL) board has announced the appointment of Stewart Adams as interim managing director. Adams has worked with airlines and airport…
The Scottish Child Payment is now being received by the families of more than 300,000 children and young people, according to official statistics cited by…
The £1.3 billion Edinburgh Investment Trust plc announced its Net Asset Value (NAV) per share on a total return basis increased 7.9% in the year to…
Edinburgh biotechnology firm Lentitek Ltd, a developer of manufacturing technologies enabling economic delivery of advanced cell and gene therapies, announced that it has secured £250,000 in…
A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, was given a black eye by shareholders at its AGM on…
Cable manufacturing company XLCC said North Ayrshire Council Planning Committee has granted full planning permission for its HVDC subsea cable manufacturing operations in Hunterston. The decision…
International visitors spent £3.2 billion in Scotland last year, up 24% on 2019, according to the International Passenger Survey (IPS) tourism statistics for 2022 by…
The Scottish Government estimated on Thursday that its current resource spending requirements could exceed funding by £1 billion in the next financial year, and by £1.9…
A Bill that would enable Scottish councils to invest more in local tourism facilities and services through a levy on overnight stays — a tourist…
S&P Global Ratings has affirmed its A+ long-term issuer credit ratings on Wheatley Group — Scotland’s biggest social landlord. Wheatley owns and manages over 93,700…
SSEN Transmission — part of SSE Plc — announced it has signed its first ever sustainability-linked Revolving Credit Facility (RCF), “further reinforcing the company’s commitment…
Passenger services on the new Edinburgh Trams route to Newhaven are scheduled to start at 12 noon on June 7, it was announced on Thursday….
Brodies Middle East LLP, the first international arm of Scottish law firm Brodies LLP, has opened an office in Abu Dhabi. Having serviced clients in…
By Mark McSherry SSE plc, the Perth-based electricity infrastructure giant, unveiled plans on Wednesday that could see it invest up to £40 billion over the…
By Mark McSherry The UK government borrowed more than forecast in the first month of the new fiscal year due to higher debt interest payments,…
Business confidence in the UK Continental Shelf (UKCS) is at a near record low, falling from +36 points last April to -37 today. That’s according…
Glasgow-based cloud computing firm Iomart Group announced the appointments of Annette Nabavi and Adrian Chamberlain as independent non-executive directors of the company. Following six years on…
Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc rose as much as 8% on Tuesday after it said its revenue grew 25% to £27.4…
SSE Renewables has unveiled plans to convert its 152.5MW Sloy Power Station, the UK’s largest conventional hydro power plant, into a new pumped hydro storage facility…
Blackford, Perthshire-based natural source water producer Highland Spring Group announced that Mark Steven, who alongside Simon Oldham, is currently joint managing director of the business, “has…
Scotland’s increasingly valuable rural land is only available “to a limited few” as high demand from forestry, natural capital investment and corporate estate buyers continues…
Scottish Enterprise has published a report into Scotland’s blockchain economy with a forecast that claims the technology has the potential to add £4.48 billion to…
Scottish salmon exports to Asia more than doubled to £24 million in the first three months of this year in response to growing demand, new…
NatWest Group — the bank formerly known as RBS — has agreed to buy £1.26 billion worth of its shares back from the UK government as…
New research from Scottish Enterprise shows the value of equity investment secured by Scottish businesses in 2022 reached a record £953 million in 2022, an…
London-based investment fund Sparta Capital on Friday repeated its call for John Wood Group, the Aberdeen-based global engineering and consulting giant, to launch a share buyback…
Two of Scotland’s longest established fresh produce organisations, East of Scotland Growers Ltd (ESG) and R&K Drysdales Ltd (RKD), have completed a merger and created…
The North Sea Transition Authority (NSTA) announced it has awarded 20 carbon storage licences, which it said could store up to 30m tonnes of CO2 a…
Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), announced on Thursday that Billy McCarter, formerly interim finance director, has been…
Port of Aberdeen has announced that it returned to pre-pandemic levels of activity in 2022, one year ahead of forecast. The port increased turnover by…
Scottish Rugby Limited — the operating company responsible for the day-to-day business of Scottish rugby — has announced the appointment of Scottish Financial Enterprise chair…
The £13.3 billion Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, has reiterated its commitment to investing in “exceptional growth companies” despite announcing share price and net…
Murray Capital announced it has sold its stake in Scottish independent financial advisory firm Argyle Consulting. Argyle Consulting was established in 1997 and has offices…
Former Baillie Gifford and Scottish Mortgage fund manager James Anderson has joined an investment management firm backed by the Agnelli Italian industrial dynasty. Anderson has joined…
The latest Royal Bank of Scotland Purchasing Managers Index (PMI) report showed Scotland’s private sector enjoyed the strongest growth in output in 10 months in April….
Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said on Monday the firm’s ability “to continue as a going concern is…
By Mark McSherry New York private equity firm Apollo Global Management announced on Monday morning it “does not intend to make an offer” for Aberdeen-based global…
UK dividends rose 4.6% on a headline basis to £15.2 billion and ahead of forecasts during the first quarter of 2023, according to the Dividend…
Abrdn plc has announced big changes in the leadership of its investment business — with Rene Buehlmann becoming sole CEO and co-CEO Chris Demetriou leaving…
The UK’s central bank, the Bank of England, raised its key interest rate by 0.25% to 4.5% on Thursday, its 12th consecutive rate rise. The…
Aberdeen-based global engineering firm John Wood Group — facing a potential takeover offer from New York private equity firm Apollo Global Management — said in a…
By Mark McSherry Abrdn chairman Douglas Flint said a debt default by the United States “is almost unthinkable” and would be a “cataclysmic” event for…
The value of residential property sold across Scotland fell 7% to £4.1 billion in the first quarter of 2023, with the number of transactions down…
Six projects currently under development in Scotland will more than double the UK’s pumped storage hydro capacity to 7.7GW, create almost 15,000 jobs and generate…
M&G Wealth announced it has appointed Abrdn executive Ella Hugh as its new Director of Proposition and Marketing. At M&G Wealth, Hugh will take on…
The latest Royal Bank of Scotland Report on Jobs revealed “sharp and accelerated contractions” for both permanent job placements and temp billings in April “as…
The value of and volume of venture capital (VC) investment into Scottish businesses slumped in the opening quarter of 2023, according to the latest figures…
Scottish Rugby has announced that Scotland head coach Gregor Townsend has signed a contract extension that will see him lead the men’s national team up…
Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said on Tuesday it has made a solid start to 2023 with first quarter sales and…
Scottish businesses will be able to borrow more easily against assets such as whisky stores and machinery under legal reforms passed by the Scottish Parliament….
By Mark McSherry Edinburgh-based investment giant Baillie Gifford is to invest a further $180 million in Santa Cruz-based electric aircraft maker Joby Aviation. The news…
The funding status of the UK’s 5,000-plus corporate defined benefit (DB) pension schemes continues to show that, on average, the schemes have sufficient assets to…
Shares of Thurso-based AMTE Power, a developer of lithium-ion and sodium-ion battery cells for specialist markets, rose about 5% amid news from the firm that it has…
Green energy and infrastructure developer Cerulean Winds has revealed a £20 billion investment plan to build the North Sea Renewables Grid (NSRG), an offshore integrated…
Edinburgh-based upmarket home builder Cala Group, currently owned by Legal & General, announced the acquisition of Taylor Lane Timber Frame, one of the UK’s leading timber frame…
UK investors continued to shun UK-focused stock funds in April with outflows accelerating to £782 million, according to the latest Fund Flow Index from Calastone,…
The UK’s Financial Conduct Authority (FCA) said on Wednesday it is proposing to “reform and streamline” UK stock market listing rules as it ramps up efforts to…
The giant Scottish Mortgage Investment Trust announced on Wednesday the appointment of Sharon Flood and Vikram Kumaraswamy as independent non-executive directors of the company, with…
By Mark McSherry Baillie Gifford’s £630 million Sustainable Growth Fund sold out of its position in the failing First Republic Bank “very quickly” in March after…
Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced the acquisition of A & G Holdings Limited, owner of Manchester-based Gottlieb Packaging Materials Limited. “This…
The Scottish Government’s External Affairs Secretary Angus Robertson has called on the UK Foreign Secretary James Cleverly to withdraw guidance and a letter sent to…