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,…

Scottish Equity Partners (SEP) said it has made a strategic growth investment in Springtime Technologies, an accounts payable automation software company based in Vienna, Austria….

Macfarlane Group, the Glasgow-based protective packaging, design and distribution firm, said the increase in employers’ national insurance rates and National Minimum Wage announced in the…

Forth Ports Limited, the UK’s third largest ports group, has appointed ex-Stewart Milne Group CEO Stuart MacGregor as chief financial officer (CFO) and as a…

Mutually-owned Nationwide Building Society revealed on Wednesday it made a £2.3 billion gain from its £2.8 billion takeover of listed Virgin Money earlier this year….

Glasgow-based secure cloud services firm Iomart Group plc said its first-half profit before tax fell 77% to £1 million in the six months to September 30…

The Scottish Government’s Finance Secretary Shona Robison should use her limited room for manoeuvre in next week’s Scottish Budget to “help employers with cost pressures…

Edinburgh-based investment group Abrdn has announced big changes in its multi asset and alternatives leadership team. Darren Wolf has been promoted to Global Head of…

Scottish Financial Enterprise (SFE) has called on the Scottish Government to “recognise its income tax policy is not working” and to take action in its…

The largest procurement ever undertaken by Scottish Water has been launched “to transform the country’s public assets to keep taps flowing and protect the environment.”…

By Mark McSherry The Scottish Government is pressing ahead with its plans to go directly to the international bond market for the first time in…

The UK’s Investment Association (IA) is staging a new flagship event, the IA Scottish Investment Conference, at the Edinburgh International Conference Centre (EICC) on Tuesday….

The new CEO of Glasgow-based STV Group plc has delivered his first trading update for investors, with the media firm saying that “performance remains in…

Scottish Enterprise said it has helped Los Angeles-based Launchpad Build Inc. to open a global Research and Development (R&D) hub in Edinburgh’s New Town. Employing…

Rangers Football Club has announced the appointment of Patrick Stewart as its new chief executive officer from December 16. Stewart joins Rangers having most recently…

The fourth annual PwC Green Jobs Barometer says that Scotland continues to lead the UK in the creation of green jobs, with new data showing…

Dundee & Angus College announced it is considering relocating to new facilities in the city centre of Dundee and the town centre Arbroath. The full…

ScottishPower’s Basque parent company Iberdrola said it sold an €800 million hybrid green bond in the Euromarket, as reported to the National Securities Market Commission…

The UK government’s “Scottish Affairs Committee” said it has launched an “inquiry into how the Scottish Government is funded within the UK.” The Westminster MPs said they…

London-based marketing, leafleting and news publishing firm Media Concierge (Holdings) Limited announced on Friday morning that it submitted a “non-binding” takeover proposal to the board…

UK government borrowing in the seven months of the financial year to October, 2024, was £96.6 billion, £1.1 billion more than at the same point…

More than 400 business leaders have backed the Scottish Hospitality Group’s (SHG’s) call for business rates relief in the coming Scottish Government budget. Scottish hospitality…

The Scottish Government has not been transparent enough with the Scottish Parliament or the public about the medium-term financial risks it is facing, according to…

By Mark McSherry Lisbon-based Tekever, which provides “drone-based Intelligence-as-a-Service,” announced that it raised €70 million in a funding round led by Edinburgh-based investment firm Baillie Gifford and…

PwC’s 2024 Asset & Wealth Management Report has reported that 73% of asset and wealth management (AWM) organisations say AI is seen as the most…

By Mark McSherry Baillie Gifford’s troubled £730 million Edinburgh Worldwide Investment Trust has announced changes to its team structure and investment process in an effort to…

The number of overdue invoices on the books of Scottish firms increased by 42.8% in October 2024 when compared to the same period in 2023,…

Question 7 by Australian writer Richard Flanagan has been named winner of the £50,000 Baillie Gifford Prize for Non-Fiction 2024. Flanagan is currently trekking in…

Registers of Scotland (RoS) said the average price of a residential property in Scotland in September 2024 was £198,000, an increase of 5.7% when compared to…

Yatter, the Edinburgh-based advertising agency, has been acquired by Liverpool-based ecommerce specialist Velstar just three years after formation. London-based M&A consultancy Cactus worked with Yatter throughout…

Forres-based orbital launch services company Orbex has announced the extension of its contract with the European Space Agency’s (ESA) Boost! Programme and additional funding of…

Edinburgh-based biotechnology company Cytomos has raised £5 million to scale up production of its cell analysis technology. The oversubscribed funding round was led by existing…

St Andrews based Eos Advisory has led a £7.8 million series A funding round in Bath startup Naturbeads to help the firm further develop its pioneering technology…

Edinburgh-based investment group Abrdn has announced big changes to its senior leadership team — and a new senior leadership structure. Xavier Meyer has been appointed…

US defence and health technology giant Leidos has announced a partnership with the University of Edinburgh to advance AI and data science solutions. “The partnership will…

Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc said its loss before tax more than doubled to £1.3 million in the six months to September…

UK regulator Ofgem has given the green light to the Eastern Green Link 1 project — a 196km, high voltage, bi-directional subsea electricity cable between…

Amanda Young, former chief sustainability officer at Abrdn, has joined the Global Ethical Finance Initiative (GEFI) as a Senior Advisor. “Amanda brings invaluable experience in…

The University of Strathclyde’s former Student Union building on John Street, Glasgow, is to be transformed into a digital, entrepreneurial and social engagement hub, thanks…

Legal & General Assurance Society Limited said it has completed a £34 million buy-in with the Walkers Shortbread Limited Retirement Benefits Scheme, securing the benefits…

The UK government has announced it will introduce legislation next year to pool £1.3 trillion of pension savings into a series of “megafunds” as the new…