Lothian Buses has announced it will return dividends of £3.2 million to its public sector owners — the first dividends since 2019 — thanks to…

Edinburgh-based upmarket home builder Cala Group, currently owned by Legal & General, has reported a 2023 profit before tax of £112.3 million, down about 33% from £169.2 million…

The £440 million Abrdn Property Income Trust (API) will be wound down after a proposed merger with rival fund Custodian Property Income REIT (CREI) failed to get…

The latest Deloitte-sponsored quarterly Economic Commentary from the Fraser of Allander Institute (FAI) at Strathclyde University shows that the Scottish economy “is likely to be recovering…

Edinburgh-based oil and gas firm Capricorn Energy said on Thursday its loss after tax more than doubled to $144 million as revenue fell about 12%…

Startup companies supported by the Scottish Government’s Techscaler programme — which is delivered by tech incubator Codebase — attracted investment of more than £52 million in…

Glasgow-based fashion firm Quiz plc has appointed chief commercial officer Sheraz Ramzan as its new CEO amid an ongoing review of strategic options led by non-executive…

Trade body Salmon Scotland has warned that salmon farming companies have faced increased red tape and costs triggered by the UK’s departure from the EU…

The Scottish Tourism Alliance (STA) has confirmed the appointment of Rebecca Brooks as its new chair, succeeding Stephen Leckie who was recently appointed chair of…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), said its 2023 revenue increased 8% to £23.5 million — but…

Ember, the Edinburgh-based electric bus service, announced that it has raised an £11 million Series A financing round, led by Inven Capital, 2150 and AENU. Existing…

SSE plc, the Perth-based energy infrastructure giant, on Wednesday updated the market that it expects full-year 2023-24 adjusted earnings per share to be between 152p and…

UK energy regulator Ofgem announced that a provisional funding package of £3.4 billion has been announced for a proposed subsea and underground 500 km electricity…

The new chief executive of NatWest Group — the bank formerly known as Royal Bank of Scotland — has slashed the company’s executive committee to…

Hymans Robertson, the giant pensions and financial services consultancy, has announced 12 senior promotions in the firm – a new equity member and 11 partners….

The latest report from Offshore Energies UK (OEUK) calls on UK policymakers to “restore confidence in the UK as a place to make a fair return…

Shares of A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, rose as much as 9% after the firm said…

John Wood Group, the Aberdeen-based global engineering and consulting giant, said its order book was up 4% to $6.3 billion as the firm reported 2023…

The UK government is no longer considered a controlling shareholder in NatWest Group —  formerly called RBS — as it continues to sell down its shares…

The new KPMG Venture Pulse Survey has revealed that venture capital investment in Scottish firms dropped from a record high of £707 million in 2022…

Filmhouse (Edinburgh) Ltd. announced it has been successful in its bid for UK Government Community Ownership Fund investment and has been awarded £1.5 million. “This…

Abrdn CEO Stephen Bird has said that breaking up the Edinburgh investment giant — a move that some analysts have called for — would be…

The £550 million Baillie Gifford Shin Nippon investment trust said the company’s net asset value per share declined 14.9% and its share price fell 20.5%…

Legal & General is lining up investment bank Rothschild to oversee a potential sale of its Edinburgh-based upmarket home builder Cala Group, according to Reuters report. Industry…

US hedge fund and activist investor Elliott Investment Management has acquired a 5.037% exposure stake in Baillie Gifford’s £14 billion flagship fund, the Scottish Mortgage…

Shares of Phoenix Group Holdings plc, owner of Standard Life, rose as much as 9% after it published 2023 results showing total cash generation of £2.024…

SSE plc, the Perth-based energy infrastructure giant, announced the appointment of Finlay McCutcheon as the new managing director of its SSE Thermal business, starting in…

Aberdeen-headquartered transport giant FirstGroup plc announced that it has been awarded the contract by Transport for London (TfL) to operate the IFS Cloud London Cable…

Glasgow-based media firm STV Group plc has confirmed that it has accepted new financial terms with its regulator, Ofcom, to renew its Channel 3 licences for…

UK central government borrowing in the financial year-to-February 2024 was £106.8 billion, according to the UK’s Office for National Statistics (ONS). Public sector net debt…

Debbie Crosbie’s mutually-owned Nationwide Building Society has confirmed a proposed £2.9 billion cash deal to buy listed Virgin Money UK plc that the companies flagged two…

UK energy regulator Ofgem said the proposed “Anglo-Scottish electricity superhighway” to power millions of homes is the first project to progress through its “fast track”…

The latest Noble & Co Whisky Intelligence Report, for the first quarter of 2024, has revealed that the four largest brands in the auction market –…

STV Studios announced it has secured a 40-episode commission from Warner Bros. Discovery UK & Ireland to produce a brand-new series of The Yorkshire Auction House, Celebrity…

National Grid plc’s Electricity System Operator (ESO) has published a report called “Beyond 2030” which proposes a £58 billion investment in the British electricity grid…

Scotch whisky and drinks giant Diageo plc announced that current non-executive director John Manzoni will be appointed chair of its board on or around February…

Staffscanner, the Glasgow-based staffing provider and technology platform, is to triple in size following a grant award of almost £1 million from Scottish Enterprise. The…

Forth Ports said it has submitted an application for Planning Permission in Principle (PPP) to The City of Edinburgh Council (CEC) for Harbour 31, a…

Martin Gilbert’s asset manager AssetCo cited an “exceptionally difficult” year for the fund management sector as its total loss for the 12 months ended September 30,…

The Land Reform (Scotland) Bill has finally been introduced to the Scottish Parliament. The Bill includes measures that would apply to large landholdings of over…

STV Studios announced that it has been commissioned for the first time by global streamer Netflix — to produce a new three-part drama series called…

Baillie Gifford’s flagship investment trust, the £14 billion Scottish Mortgage fund, announced it will make at least £1 billion available to buy back its shares over…

A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks, Funkin cocktail mixers and MOMA foods, has announced a “business reorganisation” that could cut up…

The turnover of Scotland’s life sciences cluster surpassed £10 billion in 2021, according to new figures from the Scottish Government. In 2021, about 33,400 people…

Fintech Scotland has announced a strategic partnership with Techscaler, the Scottish Government’s £42 million tech startup support programme, to drive forward Scotland’s fintech sector development. FinTech…

Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, announced that the Johannesburg Stock Exchange (JSE) has signed a “significant” contract…

Rothesay, the UK’s largest pensions insurance specialist, announced that it has agreed to acquire the £6 billion Scottish Widows in-force bulk annuity portfolio from Lloyds…

Edinburgh-based oil and gas firm Capricorn Energy announced it will “put forward” Palliser Capital executive Sachin Mistry for election as non-executive director at its 2024…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, has officially opened its new foundry in Xuzhou, China. The new foundry represents a…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, has announced the acquisition of East Anglia-based Allpack Packaging Supplies Limited for up to £3.25 million. “This…

Hiring activity across Scotland fell again in February — amid shortages of suitably-skilled candidates and a fall in permanent staff availability — according to the latest…

Global accountancy professional body the Association of Chartered Certified Accountants (ACCA) has called on the Scottish Government to ensure work-based qualifications and training are placed at the…

A new executive education programme to address the growth barriers faced by impact-oriented businesses in Scotland has been launched. Strathclyde Business School is to deliver…

SSE plc, the Perth-based energy infrastructure giant, has responded to the news that the UK government is proposing to build new gas plants to improve energy…

Aberdeen-headquartered transport giant FirstGroup plc said it “anticipates that its FY 2024 group adjusted operating profit and group adjusted earnings will be slightly ahead of…

The Association of Investment Companies (AIC) has published detailed analysis of how investment trusts have changed since 2000. At the end of 1999, 88% of…

The UK’s Financial Conduct Authority (FCA) announced that it “will not object” to requests from Recognised Investment Exchanges (RIEs) to create a UK listed market…

Scotland Gas Networks plc issued a stock exchange statement on Monday saying the UK Gas and Electricity Markets Authority, the governing body of the Office of…

Hymans Robertson, the actuarial, pensions and financial services consultancy, has become the first tenant to sign up for 30 Semple Street — which has been described…

The latest Royal Bank of Scotland Purchasing Managers Index (PMI) report has revealed a further rise in output across the Scottish private sector midway through…

Only 12% of investment trust managers are female, according to research from the Association of Investment Companies (AIC). This figure remains unchanged since 2022 and…

Edinburgh-based water retailer Business Stream, a subsidiary of state-owned Scottish Water, said it has been awarded the Scottish Government’s £240 million Water and Waste Water Services Framework contract,…

Wobble Genomics, a University of Edinburgh spinout whose novel approach to RNA sequencing could revolutionise fields of biotechnology, has raised £8.5 million to help commercialise…

Crieff Hydro executive chair Stephen Leckie has been appointed chair of VisitScotland. Leckie is currently chair of the Scottish Tourism Alliance, president of the Scottish Chambers…

Alliance Trust plc, the £3.4 billion Dundee-headquartered fund, has published its results for the year ended December 31, 2023, showing total shareholder return of 20.2%. This…

The UK’s Office of Rail and Road (ORR) said it has given the go-ahead for Grand Union Trains, an open access operator, to start a…

Debbie Crosbie’s mutually-owned Nationwide Building Society said it has reached a preliminary agreement to buy listed Virgin Money UK plc in a £2.9 billion potential cash…

Highlands and Islands Airports Limited (HIAL) announced the appointment of Paul Kelsall as CEO. Most recently, Kelsall was MD of Offshore Helicopter Services UK Limited and…

Global, the London-based media and entertainment group, has announced that outgoing STV CEO Simon Pitts will be its next group chief executive from the first…

UK finance minister Jeremy Hunt delivered his budget speech on Wednesday, confirming a widely expected cut of 2 percentage points to National Insurance. However, Hunt…