Scottish law firm Burness Paull said it has elevated four lawyers to partner in its latest promotions round. The newly appointed partners are Louise Chambers…

Scottish SMEs are spending an estimated 35% of their overheads on international payment fees when using traditional banks, according to a survey by fintech firm Wise….

Archangels, the business angel syndicate investing in early-stage Scottish life sciences and technology companies, is bolstering its funding fire power after securing a £12 million…

The UK government said on Monday it will grant more than 100 new oil and gas licences in the North Sea as part of efforts…

NatWest Group chairman Howard Davies said on Friday that said political pressure prompted the ousting of chief executive Alison Rose following revelations that she discussed with…

Alliance Trust plc, the £3.3 billion Dundee investment trust company, said the fund’s net asset value (NAV) Total Return was 11.1% for the six months ended June…

NatWest Group Plc said on Thursday the head of its Coutts private bank subsidiary, Peter Flavel, will depart with immediate effect. On Wednesday, the UK…

Edinburgh-based investment giant Abrdn plc has announced the appointment of Jason Windsor as its new chief financial officer (CFO), subject to regulatory approval. Windsor, 50, has…

Standard Life, part of Phoenix Group, said it has concluded a £1.2 billion Bulk Purchase Annuity (BPA) transaction covering 20,200 members of the Mitchells &…

Glasgow-based global engineering and mining giant Weir Group announced that chief financial officer (CFO) John Heasley is to step down to take up a new role…

Bank of Scotland plc, owned by Lloyds Banking Group, reported a loss before tax for the half-year to June 30, 2023, of £112 million, compared to…

Aberdeen-based PD&MS, a specialist engineering services company operating within the energy transition, conventional energy, low carbon and renewables sectors, has been acquired by Cheshire-based RSK….

The board of NatWest-RBS announced early on Wednesday that Alison Rose has “agreed by mutual consent to step down as group chief executive with immediate…

NatWest-RBS chairman Howard Davies announced the banking group “retains full confidence” in Alison Rose as CEO of the company despite her “regrettable error of judgement” in…

Renewable energy firm Drax Group said it has secured development consent from the Scottish Government for its plans to build a new £500 million underground…

Shares of Thurso-based battery cell developer AMTE Power soared as much as 200% to around 12p after it announced it agreed a new secured £1…

Highlands and Islands Airports Limited (HIAL) has reported a 10.4% year-on-year increase in passenger numbers for the first quarter of the 2023-24 financial year. During…

Edinburgh Napier University has announced a strategic partnership with cluster management organisation FinTech Scotland to support the fast-growing industry. The agreement will aim to harness…

The £360 million investment trust Abrdn Diversified Income and Growth plc (ADIG) — which last month commenced a strategic review — announced it “has received…

Abrdn-owned platform Interactive Investor (ii) has written a ‘Dear CEO’ letter to FTSE 100 company chairs and the UK’s 20 most-held investment trusts on the…

Research into how people’s genetic code can influence health and disease – including the “vast” regions of DNA whose function is unclear – has secured…

Alliance Trust plc, the £3.3 billion Dundee investment trust company, announced that its investment manager Willis Towers Watson (WTW) has appointed Los Angeles-based Asia investment specialist…

Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, has announced the signing of a number of private cloud contracts…

The UK’s public sector net debt (PSND ex) reached £2.596 trillion at the end of June 2023 — around 100.8% of the UK’s annual gross…

Tourist spending in Scotland in the first three months of 2023 was 70% higher than pre-Covid levels, according to provisional data from the UK’s Office…

NatWest chief executive Alison Rose has apologised to Nigel Farage, former leader of the pro-Brexit UK Independence Party, for dropping him as a client of the…

SSE plc, the Perth-based electricity infrastructure giant, said it continues to expect to report full-year 2023-24 adjusted earnings per share of more than 150p “on the…

Thurso-based AMTE Power, the developer of next generation battery cells, said on Thursday its financial situation “is becoming ever more critical.” The firm said if it is…

Polish firm InPost announced it bought a 30% equity stake and 30% of voting rights in Edinburgh-based Menzies Distribution for £49.3 million in cash. InPost…

Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, climbed as much as 7% after it said full year…

Celtic plc announced the appointment of Brian Rose as a new non-executive director with immediate effect. Celtic said Rose, 52, is currently a Director of…

The board of the £13 billion Scottish Mortgage Investment Trust announced the appointment of Stephanie Leung as independent non-executive director of the closed end fund…

The National Galleries of Scotland announced that the new Scottish galleries at the Mound in Edinburgh will open to the public on September 30, 2023….

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), published a trading update for the six months ended June 30, 2023,…

Shares of Edinburgh-based Craneware plc, a provider of software for the US healthcare market, rose as much as 4% after it published a positive update on…

Glasgow-based cloud computing firm Iomart Group announced that non-executive chair Lucy Dimes will, from July 17, assume the role of executive chair “on a part-time basis,…

ADS Group, the UK trade association for the aerospace, defence, security and space industries, has reported that £3.2 billion was contributed by Scottish businesses in the…

Aberdeen-based global engineering firm John Wood Group said its first-half revenue rose 15% to $2.9 billion, with good growth in all business units, and adjusted EBITDA rose…

The public debt of the UK could rise to more than 300% of gross domestic product (GDP) by 2072-73, up from today’s 100%, the UK…

Shares of Deltic Energy Plc rose about 30% after it announced a “significant” increase in its estimate of oil and gas resources for the Pensacola…

Edinburgh-based Murray Capital has sold its Singapore-based Asian steel business Murray Energy Asia to the company’s management which is led by MD Teresa Chong. The sale…

Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, announced the appointment of Iain Logan as chief financial officer. Logan, 49, has…

The ongoing shortage of candidates continues to have a huge impact on the Scottish job recruitment market — causing a sharp increase in starting salaries…

The UK government wants to scrap restrictions inherited from the European Union that ban the “naked” short-selling of UK government bonds. The UK Treasury said…

The estimated unemployment rate in Scotland was 3.2% in the March to May 2023 quarter, down 0.6 percentage points since December 2019 to February 2020 (pre-…

Tom Hunter has confirmed West Coast Capital (WCC), the investment arm of the Hunter family, has made a multi-million pound investment in Ellipses Pharma, the cancer drugs venture…

The UK government said nine of the UK’s largest defined contribution pension providers have agreed to allocate 5% of assets in their default funds to unlisted equities…

Global assets under management at asset and wealth managers fell to $115.1 trillion in 2022 – nearly 10% below the 2021 high of $127.5 trillion…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced it has appointed David Mansfield to the newly created leadership role of Managing Director –…

Fife-based timber and construction supplier Donaldson Group has appointed Alyson Donaldson as group chief financial officer. She is the first female Donaldson family member to join the…

The Scottish private sector indicated a “solid and quicker expansion” in activity during June, according to the latest Royal Bank of Scotland PMI data report….

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, announced it is undertaking a third party review of the Cononish mine plan for…

The UK’s Financial Conduct Authority said it has reviewed liquidity management in asset managers and found “that firms need to increase their focus on liquidity…

Celtic plc announced it expects that its earnings for the year ended June 30, 2023, will be “significantly higher than previous expectations” due to gains from…

Willie Watt has been re-appointed to the role of chair at the Scottish National Investment Bank for a further four years. The National Investment Bank…

Glasgow media firm STV Group plc said it has acquired, through its subsidiary STV Studios Limited, 100% of the issued share capital of unscripted television…

Centrica Business Solutions said it has secured the development rights to a 65MW two-hour battery storage plant in Perthshire, Scotland, its largest battery storage acquisition…

Norway-based EcoOnline, a leading Environmental, Health, Safety and Quality (EHSQ) software provider, announced it has signed a definitive agreement to acquire Edinburgh-based Ecometrica, a global ESG…

Investors withdrew £662 million from stock funds in June, the largest outflow since the market chaos of September 2022, according to the latest Fund Flow…

The UK’s Financial Conduct Authority (FCA) is proposing to set up a consolidated tape (CT) so that investors “can get clear and low-cost trading data.” The…

Standard Life, part of Phoenix Group, has concluded a £1 billion Bulk Purchase Annuity (BPA) transaction covering the Chubb Pension Plan and the Chubb Security…

Tokyo-based Mitsui & Co. has agreed to acquire STATS (UK) Ltd , the Kintore, Aberdeenshire-based oil and gas pipeline specialist. STATS CEO Leigh Howarth and…

Shares of Glasgow-based fashion firm Quiz plc fell about 14% after it said revenue rose 17% to £91.7 million in the year ended March 31, 2023,…

SSEN Transmission announced it has signed a joint venture agreement with the UK’s National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea…

Investment firm M&G plc announced the appointment of Caroline Connellan as the CEO of M&G Wealth, subject to regulatory approval. Connellan is the former CEO…

The massive Moray West offshore wind farm development 22km off the coast of the Moray Firth has secured a £95.5 million loan from Barclays to support…

Jim Ratcliffe, owner of Ineos Grangemouth, has criticised the UK Competition And Markets Authority’s “increasingly hostile” attitude to business. The CMA has blocked the INEOS acquisition of…

Leading Scottish law firm Brodies LLP has announced its 13th consecutive year of growth, posting record revenue of £106.25 million. Brodies said it is the…

Standard Life, part of Phoenix Group, has appointed Andrew Pearson to the newly created role of Head of Financial Education and Communication. The move comes…

Edinburgh-based Martin Currie, the specialist investment manager of Franklin Templeton, has announced the launch of its first social impact fund. A sub-fund of the Franklin Templeton…