The Scottish National Investment Bank said it has committed a further £20 million to the Mid-Market Rent (MMR) strategy (New Avenue Living) managed by Thriving…

Funding platform Ferovinum and The Borders Distillery Company Limited in Hawick have agreed a £35 million funding package to support the distillery for the next…

UK central government borrowing in the financial year ending March 2024 was provisionally estimated at £120.7 billion, £7.6 billion less than in the same 12-month…

Aberdeen-based global engineering and consulting giant John Wood Group plc announced that Catherine Michel will join Wood’s board as a non-executive director on May 10, 2024, following…

The Chartered Institute for Securities & Investment (CISI) announced that Jonathan Gibson and Shaid Moughal are the new co-presidents for the CISI Scotland committee. They…

More than one million faster broadband connections have been delivered to homes and businesses across Scotland amid £1 billion of publicly-driven investment, the Scottish Government…

The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses just six months since…

Growth capital investors BGF (Business Growth Fund) has announced a £2.5 million follow-on investment in Edinburgh-based Hyble, a provider of marketing technology to the global…

Alliance Trust plc, the £3.9 billion Dundee-headquartered fund, announced that its external investment manager Willis Tower Watson (WTW) has appointed a new stock picker for…

Eva Cairns has joined Scottish Widows as Head of Responsible Investments and Stewardship. Cairns joins Scottish Widows after 13 years with Abrdn, where most recently…

Scottish businesses want any future UK government to tackle labour and skills shortages, reduce UK business taxes and invest more in infrastructure, according to the latest Addleshaw…

Forres-based spaceflight company Orbex said it has raised £16.7 million from six backers in an update to its Series C funding round. Orbex has headquarters and production facilities…

Edinburgh-based oil and gas firm Capricorn Energy announced that Craig van der Laan, its non-executive chair since February 2023, has decided not to stand for re-election…

RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland have published a detailed Industrial Growth Plan (IGP) setting out “how to…

New York-based Global Infrastructure Partners (GIP) announced that it has entered into a binding agreement to sell a 50.01% stake in Edinburgh Airport to France’s Vinci…

Scotland’s leading organisation for building resilience against cyber and fraud crime, the Cyber and Fraud Centre – Scotland, has appointed former Police Scotland Detective Superintendent…

Influential trade body Offshore Energies UK (OEUK) has announced the appointment of three senior industry leaders to its board. Well-Safe Solutions CEO Phil Milton, Wood…

Latest estimates sourced from the UK’s Office for National Statistics (ONS) show that the Scotland’s unemployment rate for people aged 16 and over was 4% down…

Aberdeen-based global engineering and consulting giant John Wood Group has been urged by activist investor Sparta Capital Management — which claims to be a “significant” Wood…

UK energy regulator Ofgem announced that Scottish Power Energy Retail Ltd will pay £1.5 million in refunds and compensation “for charging customers above the price cap…

Two of the leading accountancy firms in the Scottish Borders — JRW and Hogg & Thorburn — have announced a merger. The companies are joining…

Scotland’s public sector procurement spend generated more than £13 billion in economic activity and contributed £7.5 billion to Scotland’s GDP in 2021-22, a new report…

Professor Anton Muscatelli has announced plans to retire as Principal and Vice-Chancellor of the University of Glasgow at the end of 2025 after more than…

The headline Scotland Business Activity Index – the index that measures the month-on-month change in the combined output of Scotland’s manufacturing and service sectors –…

Scottish Financial Enterprise (SFE) has published the results of a new tax and competitiveness survey that gives insight into how senior leaders in the sector…

The Open Call for project funding bids for Glasgow City Region’s £160 million Investment Zone has generated substantial interest from across the region. At the close of…

Kintore, Aberdeenshire-based oil and gas pipeline specialist STATS Group, a subsidiary of Tokyo-based Mitsui & Co, announced that CEO Leigh Howarth is stepping down “in a…

Glasgow-based cloud computing firm Iomart said it expects to report revenue growth of 10% to £127 million and adjusted profit before tax of £15 million (FY23: £14.8…

Scottish Rail Holdings announced that Joanne Maguire has been appointed interim managing director of ScotRail following Alex Hynes’ two-year secondment to the UK Government Department…

The UK Debt Management Office chief executive Robert Stheeman told Reuters in an interview that Britain faces risks and challenges from the sheer scale of borrowing…

The Royal Conservatoire of Scotland has retained its place as one of the world’s top 10 performing arts schools, according to prestigious global rankings published on…

John Wood Group, the Aberdeen-based global engineering and consulting giant, has appointed Jess Stanley as President of its Americas Operations, joining the business unit’s global leadership…

Edinburgh and London-based private bank Hampden & Co said its profit before tax rose to £9.1 million in 2023 from £2 million in 2022 and an…

Edinburgh investment giant Abrdn is facing “corporate bullying” by the media following its controversial rebrand, according to Peter Branner, the asset manager’s chief investment officer…

The commercial property market in Scotland is showing signs of recovery, according to latest figures from Lismore Real Estate Advisors. Transaction volumes in Q1 totalled…

The ongoing “scarcity of suitably-skilled labour” drove a further increase in permanent starting salaries in Scotland during March, according to the latest Royal Bank of…

Baillie Gifford’s $1.2 billion Schiehallion Fund — which invests in private businesses that may go public — has reported that its ordinary share net asset value…

UK equity funds saw March outflows soar to £823 million, their worst month since February 2023, making March the 34th consecutive month to see net…

Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, has announced a strategic partnership with South Africa-based Securities & Trading Technology (STT),…

Abrdn’s £440 million Dunedin Income Growth Investment Trust has reported net asset value (NAV) total return of 6.7% for the year to January 31, 2024,…

Bellshill-based biopharma firm EnteroBiotix Limited is set to expand and accelerate its work after raising more than £27 million in funding from new and existing investors….

Proxy advisor Glass Lewis has urged Abrdn shareholders to vote against the Edinburgh asset management giant’s remuneration report due to the £675,000 salary of its new…

Network Rail has announced the start of its five-year £4.8 billion investment plan for Scotland. Between April 2024 and March 2029, the money will be…

The Data Lab has announced that its CEO Brian Hills has stepped down from his role. “Following The Data Lab’s successful application to the Scottish…

Scottish ferry company Caledonian MacBrayne announced that current CEO Robbie Drummond is stepping down with immediate effect. Duncan Mackison, former CEO of CalMac Holding Company,…

The FTSE Small Cap Index will cease to exist by 2028 if the current level of takeover activity continues and the UK initial public offering (IPO)…

Edinburgh-based investment giant Abrdn plc announced that for the 2024 proxy voting season it has “strengthened its approach to the independence of audit committees in developed markets,…

The £125 million Baillie Gifford China Growth Trust plc announced that its net asset value total return was negative 40.9% and its share price total return…

Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc fell about 5% after it published an update on trading for the year to March 31,…

US broadcaster Game Show Network has placed an order of 100 episodes for STV Studios’ quiz show format, Bridge of Lies, to launch in June….

Edinburgh-based dental biotechnology firm Calcivis has secured £5 million in funding to help roll out its cutting-edge dental technology. The company’s latest investment round was…

The Scottish Government’s external affairs secretary Angus Robertson will visit Washington and New York this week to promote Scotland to North America “as a place…

Scottish law firm Burness Paull said it has elevated four lawyers to partner across its energy, technology and real estate businesses. The newly appointed partners are…

The Scottish Government announced that Scotland’s capacity for electricity generation from renewable sources has increased by 10% within a year, with the largest growth coming…

Edinburgh-based Dobbies, the UK’s largest garden centre retailer, said it has strengthened its senior leadership team with the appointment of Jonathan Wass as chief financial…

The Scottish Government announced that all Scottish social security benefits will increase by 6.7% in April amid a rise in benefits expenditure to a record £6.3…

New powers enabling Scottish councils to charge up to double the full rate of council tax on second homes come into force this week, the…

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…