Schroders creates new group executive committee
Schroders, the UK’s largest standalone fund manager, has announced a new group executive committee (ExCo) as Richard Oldfield officially becomes group CEO, succeeding Peter Harrison. Eight…
Schroders, the UK’s largest standalone fund manager, has announced a new group executive committee (ExCo) as Richard Oldfield officially becomes group CEO, succeeding Peter Harrison. Eight…
Glasgow-based whisky, gin and rum company Edrington — owner of The Macallan, Highland Park and The Glenrothes — has announced the retirement of its chair Crawford Gillies…
Premier Inn parent firm Whitbread has agreed terms with Riverstone Hotels Ltd for a third Premier Inn at Edinburgh Airport. “The 200-bedroom hotel will grow…
London-based LearnPro Group, supported by Apiary Capital, announced the acquisition of Edinburgh-based software firm Infographics UK Ltd. Infographics’ clients include some of the world’s largest…
NatWest Group Plc — formerly called Royal Bank of Scotland — said on Monday it bought back another £1 billion of its shares from the UK…
By Mark McSherry Baillie Gifford’s flagship investment trust, the £13.5 billion Scottish Mortgage fund, said it cashed in some of its huge profits from the…
Scotland Food & Drink announced that former Diageo executive Pamela Scott will be its new chair. Food and drink is Scotland’s biggest employer and the…
The UK’s central bank cut interest rates on Thursday for only the second time since 2020 — but the Bank of England said future reductions are…
Shares of Aberdeen-based consulting and engineering giant Wood plc fell as much as 60% on Thursday after the firm said it agreed to commission an independent review…
The partnership between Abrdn and Italian renewable gas specialist Blu-H Energy S.r.l (BHE) acquired four additional operating biogas facilities in Italy in October. Earlier in…
US Treasuries fell sharply on Wednesday — with yields surging — as Donald Trump’s election victory led to an increase in bets on economic policy…
The Scottish Government said NHS consultant doctors across Scotland voted to accept a £124.9 million increase in their pay packages “ensuring their pay is competitive…
Stirling-based iGii, a 3D carbon nanostructure firm, said it has agreed a multi million pound deal with health monitoring company Prymexa to develop a toolkit that…
Phoenix Group Holdings plc, parent of Standard Life, announced the appointment of former Prudential plc executive Nic Nicandrou as its new group chief financial officer…
Center Parcs has announced a plan to create its first holiday village in Scotland. The proposed site is on land to the east of the…
Canada’s Juniper Group, an operating unit of Vela Software and Constellation Software, Inc, announced the acquisition of Glasgow-based Traveltek, which it called “an innovative suite…
Shares of Schroders fell as much as 14% on Tuesday after the UK’s largest standalone fund manager reported worse-than-expected third quarter outflows and the imminent…
Perth-based electricity infrastructure giant SSE plc said it has launched a new £10 million hydro community benefit fund, aimed at supporting projects within areas that…
Aberdeen-based home improvement firm Bon Accord Glass has been acquired through a management buyout (MBO) as it marks 50 years in business. Directors Colin Kinghorn…
Heart of Midlothian said it generated turnover in excess of £20 million for the second year in a row in season 2023/24. But, following investments in…
Growth capital investors BGF said it has completed a successful exit from Edinburgh-headquartered costume seller AFG media. The exit was achieved through a company and…
Glasgow-based Zappaty, the secure file sharing, storage, and collaboration platform created for SMEs, announced the appointment of Stuart Montgomerie as Chief Strategy Officer and Advisor. Zappaty enables…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said on Tuesday its order pipeline is “converting as expected” and it reiterated its 2024 full…
By Mark McSherry Scotland’s natural assets contribute more than £40 billion to the economy and support around 260,000 jobs, according to a new report called…
First Minister John Swinney has announced plans to expand the electric vehicle (EV) charging network across Ayrshire and the Glasgow City Region. A £6.3 million…
Equity funds suffered their worst month of outflows on record in October, according to the latest Fund Flow Index from Calastone, the largest global funds…
High Wycombe-based waste management firm Biffa said it completed its acquisition of Aberdeenshire-headquartered Keenan Recycling, the commercial food waste collections provider operating across Scotland, England and Wales….
Tesco announced it has completed the sale of Edinburgh-based Tesco Bank to Barclays and has commenced a long-term strategic partnership with the bank. Tesco also…
Bacardi has announced a major investment in the production sites of its Scotch portfolio that includes malt whiskies Aultmore, Aberfeldy, Royal Brackla, The Deveron and…
Perth-based electricity infrastructure giant SSE plc announced the appointment of a new independent non-executive director, Hixonia Nyasulu, who will join the board on January 1,…