By Mark McSherry New York hedge fund Saba Capital Management said it has requisitioned the boards of seven UK investment trusts “to convene general meetings of…

Jim McDonald has been appointed as the new chair of Scottish Enterprise. McDonald announced in October he will retire as Principal and Vice-Chancellor of the…

Abrdn has announced that Alain Courbebaisse will be taking on a new role of Chief Technology Officer (CTO), Abrdn Investments, at the start of the…

Aberdeen-based consulting and engineering giant Wood plc announced it has been awarded a “significant contract” by OMV Petrom for a major project to boost the production of…

John Paul Marks, the most senior civil servant at the Scottish Government, is to leave and become the new permanent secretary and chief executive at the…

A proposed development that would provide 3,000 new homes on the site of Edinburgh Airport’s disused runway has received outline planning permission from the City…

David Montgomery’s National World plc, owner of The Scotsman, Yorkshire Post and numerous other regional news titles and platforms in the UK and Ireland, has…

Aberdeen-based John Wood Group plc said it has secured a record $920 million of contract wins across the Middle East in 2024. Wood said the contract…

Puma Property Finance announced it is facilitating a £52 million loan for a Vita Group 267-bed purpose built student accommodation (PBSA) scheme in Calton Road…

Shares of Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN) & J.G. Thomson, rose as much…

Glasgow City Council has appointed Robert Emmott as its new Executive Director of Financial Services. Emmott, who currently holds a similar role at Dundee City…

Brexit has reduced goods exports from the UK by £27 billion, with smaller firms most affected, according to new research from the Centre for Economic…

Creative Scotland has confirmed that its draft Grant-in-Aid budget from the Scottish Government for 2025-26 is £89 million, up from £66.5 million in the previous…

The Scottish Government said there was a 12% decrease in all sector housebuilding starts and a 10% decrease in completions between the year ending September…

The Scottish Government said the latest council tax data — for September 2024 — shows there were 21,606 second homes in Scotland and 43,538 properties…

The Scottish Government said it will stop the use of mobile messaging apps, including WhatsApp, on official devices following the publication of an externally-led review….

SP Energy Networks, a division of Iberdrola’s ScottishPower, said it has set out a £10.6 billion plan to “help rewire Britain” and deliver the critical…

Liverpool-based FTSE 100 firm B&M European Value Retail anounced that Euan Sutherland is to be appointed, subject to shareholder approval, a non-executive director of B&M with…

Edinburgh-based oil and gas firm Capricorn Energy said it has been notified by Woodside Energy that all terms and conditions have been satisfied under the sale and…

Bristol-based Antifriction Components — a UK distributor of bearings and power transmission products — has acquired Scottish independent distributor Scots Bearings Ltd in a seven-figure…

Walkers Shortbread legend Sir James Nicol Walker has died at the age of 80 in Aberdeen Royal Infirmary. In his role as Joint Managing Director…

Abrdn plc announced that Pam Kaur will not seek re-election at the company’s Annual General Meeting on May 8, 2025, and will stand down from…

The Scottish Government has published its Draft Implementation Plan outlining how it will support the delivery of 24,000 additional public electric vehicle (EV) charge points by…

Gloucester-based investment firm Blackfinch Group said it has acquired a 174-hectare commercial forest at Dalmally in Argyll and Bute. Blackfinch said the purchase was made…

Glasgow Credit Union has announced a record £4.6 million return to its members following the approval of a 3% annual dividend at its Annual General…

Gene control company Concinnity Genetics, recently spun out of the University of Edinburgh, has raised £3 million in an oversubscribed seed funding round that included…

Focus Business Solutions, the advice tech business trading as Focus Advice Technology, has announced the successful completion of its management buyout (MBO) from Abrdn. The…

Plans to construct a circular “GigaFarm” in Cobleskill, New York State, have been announced by Empire State Greenhouses (ESG) in partnership with Edinburgh-based vertical farming…

Aberdeen-based John Wood Group plc said it has secured a contract worth around $17 million from a leading petrochemical company in the Middle East to…

NatWest Group plc — the bank formerly known as RBS — said former Scottish Enterprise CEO Lena Wilson will assume the role of its Senior Independent…

Glasgow media firm STV Group plc has announced board changes. “Following the announcement on 30 August 2024 regarding Simon Miller’s intention to step down from…

Forth Ports, the UK’s third largest port operator, announced a £50 million private investment in infrastructure at the Port of Leith — having secured its…

New data from the Association of Investment Companies (AIC) shows that 2024 has been a record year for share buybacks by investment trusts, with £6.95 billion…

Edinburgh-based global asset manager Abrdn announced that from February 20, 2025, Abrdn UK Sustainable and Responsible Investment Equity Fund and Abrdn Global Sustainable and Responsible…

C&C Group, the Irish drinks firm whose brands include Tennent’s and Bulmers, has announced the appointment of former A.G. Barr CEO Roger White as its chief executive…

Bruce Cartwright, CEO of the Institute of Chartered Accountants of Scotland (ICAS), has been appointed as new chair of the Global Accounting Alliance (GAA). Cartwright…

Auditors have now found a range of additional spending at the Water Industry Commission for Scotland that “did not meet public sector spending rules” in the…

Beeks Financial Cloud Group plc, the Glasgow-based connectivity provider for international financial markets, has announced changes to its board. Current Non-Executive Director William Meldrum will assume…

London-based STAR Capital Partnership LLP said the STAR IV Fund has completed its acquisition of Aberdeen-based Subsea Technology & Rentals (STR). STAR Capital will become…

SSE and Siemens Energy have launched “Mission H2 Power” – a multi-million-pound co-investment which aims to deliver gas turbine technology capable of running on 100%…

Aberdeen-headquartered FirstGroup plc announced that it agreed to acquire RATP Dev Transit London Limited and its subsidiaries from RATP Développement SA for an enterprise value of…

Elgin-based house builder Springfield Properties plc published a positive update on trading for the six months ended November 30, 2024. The group said it entered the…

SSEN Transmission, the 75%-owned subsidiary of Perth-based SSE plc, said it will submit to the UK energy regulator Ofgem its plans to deliver at least…

The Scottish Land Commission’s 2024 Rural Land Market Data Report shows that in 2023, the total area of forestry sold in Scotland fell 54% compared…

Shares of troubled Glasgow fashion firm Quiz plc fell more than 40% after it warned that it its existing bank facilities could be fully utilised in…

David Montgomery’s National World, owner of The Scotsman, Yorkshire Post and numerous other regional news titles and platforms in the UK and Ireland, said on…

The Scottish Government Finance Secretary Shona Robison this week unveiled her Budget for 2025-26. The main points included: The Scottish NHS will receive a record…

Equinor UK Ltd, a subsidiary of Equinor ASA, and Shell UK Limited, a subsidiary of Shell plc, are to combine their UK offshore oil and…

Shares of Aberdeen-based John Wood Group plc rose about 9% after it said it signed three major agreements with bp to provide engineering and project…

A £150 million upgrade to an Ayrshire marine yard has been awarded planning permission, paving the way for increased offshore wind power off the west…

One of the most significant expansions of Edinburgh in a generation is set to proceed following planning approval by the City of Edinburgh Council (CEC)…

Forres-based spaceflight company Orbex announced it is to focus its operations exclusively on developing small and medium sized space rockets after switching its launch operations to…

By Mark McSherry Baillie Gifford’s £2.8 billion Monks Investment Trust plc said on Wednesday it reported a net asset value (NAV) total return of +6.3% for…

Zurich-based crypto investment product firm 21.co, the parent of crypto exchange traded products (ETP) provider 21Shares, announced that three former executives of Edinburgh investment group…

The University of Glasgow said it has launched Scotland’s first deeptech accelerator in partnership with advanced technology accelerator STAC. “The Infinity G accelerator numbers 15…

NatWest CEO Paul Thwaite said the banking group will explore “strategically congruent” and “financially compelling” M&A deal opportunities in 2025 after a number of investments…

Two-bedroom flats in Leith were the top-selling property type — with sales volumes up 48.8% — in the September-November 2024 quarter in the Edinburgh, Lothians, Fife and…

Edinburgh and Glasgow placed in the top five UK cities for private equity startup funding rounds between Q1 and Q3 of 2024, according to the Global…

Scotland’s economy recorded strong growth in the first half of 2024 — but there are signs that growth is slowing in the second half of…

Iberdrola-owned ScottishPower said it is seeking 1,000 recruits next year and has urged workers facing redundancy at the Ineos Grangemouth oil refinery and British construction…

By Mark McSherry The £1.8 billion global Baillie Gifford Positive Change Fund announced it is adopting the Sustainability Impact Label under the Financial Conduct Authority’s Sustainability Disclosure…

Scottish Government Finance Minister Shona Robison has little room for manoeuvre when she presents her Budget for 2025-26 next week, despite increases in funding for…

Spanish banking group Banco Sabadell announced on Friday the appointment of Marc Armengol as chief executive officer of its UK subsidiary TSB, subject to regulatory…

By Mark McSherry The £310 million Baillie Gifford UK Growth Trust showed more evidence of an ongoing recovery under managers Iain McCombie and Milena Mileva…

SSEN Transmission announced that local Fraserburgh firm David Smith Contractors Ltd has been awarded a multi-million-pound contract to help deliver a new HVDC converter station required as…

By Mark McSherry The Edinburgh Innovations unit of the University of Edinburgh announced that it has secured more than £150 million in research funding over…

The board of the £400 million Scottish Oriental Smaller Companies Trust plc announced that Sreevardhan Agarwal has assumed responsibility as lead manager with immediate effect. The management…

Technology developed by Scottish biotech Biotangents, which has announced its latest investment round, is set to revolutionise dairy farming with the world’s fastest on-farm, point-of-care…

Growth capital investor BGF announced a £15 million investment in Glasgow-headquartered Sulmara, an independent provider of survey and inspection services to the offshore wind and…

Investment group Abrdn said it has further expanded its Living business within its real estate team with the acquisition of a student/co-living asset in Cergy,…