The latest research from TheCityUK outlines how Scotland’s financial and related professional services industry is a critical driving force of jobs and economic growth across…

Aberdeen-headquartered transport giant FirstGroup plc announce that former Scottish Enterprise CEO Lena Wilson will join its board as chair on February 1, 2025. Wilson is…

Glasgow-based Solasta Bio, an agri-biotech company specialising in the next generation of green insecticides, has completed an oversubscribed $14 million Series A funding round to…

Estimates sourced from the UK Office for National Statistics (ONS) Labour Force Survey for May to July 2024, compared with the quarter before, show that the…

Edinburgh-based BioCaptiva has been granted its first US patent for its liquid biopsy technology that efficiently captures cell-free DNA (cfDNA) directly from blood and other bodily…

Abrdn Global Sustainable Infrastructure Partners IV LP (aGSIP) and The Circular Economy Development Ltd (TCED) have reached financial close on an anaerobic digestion plant. It…

Abrdn said on Tuesday that Jason Windsor, previously its group chief financial officer and currently interim group chief executive officer, has been appointed as group…

UK Government-sponsored listed investment companies could support UK economic growth and deliver on national priorities, according to a new paper Making People Better Off  from the Association…

The latest Demos-PwC “Good Growth for Cities Index” revealed that Edinburgh and Glasgow have improved their performance in the rankings of UK cities against last…

Outflows from UK stock funds remained high at £919 million for July, according to the latest data published by the Investment Association (IA). However, the…

South of Scotland Enterprise (SOSE) said it made significant investments of £13.7 million into business and community enterprises in the year from April 2023 to March…

UK pension fund allocations to London-listed shares has fallen to 4.4% compared with over 50% of their assets 25 years ago, according to a study…

Mutually-owned Nationwide Building Society said regulators the FCA and the PRA have given their consent for its £2.9 billion cash acquisition of listed bank Virgin…

Abrdn has announced a series of internal promotions in its £130 billion fixed income investment team as Craig MacDonald, Global Head of Fixed Income, leaves…

The longlist for the 2024 Baillie Gifford Prize for Non-Fiction has been announced. The winning author will receive £50,000, with the other shortlisted authors receiving…

The North Sea Transition Authority (NSTA) said a “huge” opportunity exists with “well interventions” to access oil and gas resources in a “more timely, clean,…

Scottish Land & Estates (SLE), the rural business organisation, has questioned the need for further land reform after it emerged the Scottish Government has been…

Abrdn Adviser has announced the appointment of Louise Williams to the role of chief financial officer (CFO). Abrdn Adviser is a business of Edinburgh investment…

Edinburgh investment giant Abrdn has listed its first ETF (exchange-traded fund) on the London Stock Exchange. Abrdn, which has around £500 billion in assets under…

The housing equity of Scots aged over 55 stands currently at £209.5 billion, according to analysis by the Equity Release Council of UK Government and Bank…

The Scottish Government said that Scottish farming businesses will see support payments start to reach their bank accounts this week with initial payments worth £243…

The Scottish Government has announced that procurement will begin to replace its Intercity trains. The procurement, led by ScotRail on behalf of Transport Scotland, will…

The Scottish Government’s finance secretary Shona Robison has announced £500 million of spending cuts to balance the 2024-25 Scottish Budget in the face of what…

The British Chambers of Commerce (BCC) has called for an independent taskforce to examine energy transition in the North Sea to “safeguard tens of thousands…

A masterplan to transform the Seafield district near Portobello in the north-east of Edinburgh into a new environmentally friendly 2,700-home neighbourhood has been published by…

SSE said it has been informed that Cloiche Wind Farm has been successful in the UK’s sixth Contracts for Difference (CfD) Allocation Round and is…

New figures from KPMG have revealed Scottish businesses remain attractive to private equity investors with 23 firms sharing funding worth over £85 million in the…

Glasgow-based media firm STV Group plc reported total revenue of £90.4 million for the six months ended June 30, 2024, up 20% on the same…

Edinburgh-based Craneware plc, a provider of software for the US healthcare market, said its revenue increased 9% to $189.3 million in the year ended June 30, 2024,…

VisitScotland announced the appointment of experienced advertising and marketing industry executive Jill Walker as its new Director of Marketing and Digital to succeed Vicki Miller,…

Historic Environment Scotland (HES) said it has released a set of reports providing insights into Scotland’s historic environment sector and a framework to help drive…

Aviva Investors, the asset management business of Aviva plc, said it has added a dedicated Venture Capital (VC) and Strategic Capital capability to its investment…

UK-focused NEO Energy, which has interests in assets across the North Sea, said on Monday it will slow down investment plans across its portfolio “in…

Standard Life, part of Phonenix Group, said that raising auto-enrolment (AE) minimum pension contributions could leave UK savers £217,000 better off in retirement. Standard Life…

John Dodd, co-founder of Artemis fund managers, will retire from Artemis at the end of 2024, after almost 40 years in the industry. He is…

Royal London Asset Management (RLAM) announced the appointment of two fund managers and three analysts to its equity team as it continues to build “high…

Increased windfall taxes on the UK North Sea’s offshore oil and gas producers would cost the UK economy about £13 billion over the next five…

The £1 billion Murray Income Trust plc announced that it has reduced and simplified its investment management fee arrangements with Abrdn Fund Managers Limited. “With…

Standard Life, part of Phoenix Group, announced it has been appointed as a “safe haven” provider for thousands of scammed pension savers. “Members defrauded of…

Glasgow-based STV Group plc announced on Friday that Rufus Radcliffe will join the firm as chief executive officer on November 1, 2024 — and the…

Hymans Robertson, the pensions, actuarial and financial services consultancy, has announced a number of senior executive appointments. Catherine McFadyen has been appointed to the role…

SSE plc, the Perth-based electricity infrastructure giant, announced that the Shetland Islands have been connected to the GB electricity grid for the first time. SSE…

Scottish Enterprise said it delivered a “record set of results” for the past year, helping businesses to scale and contributing to Scotland’s “economic transformation.” Scotland’s…

Troubled Glasgow-based fashion firm Quiz plc said on Thursday it has started discussions with Tarak Ramzan, the company’s founder and largest shareholder, about a £1…

SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, said it successfully launched its debut issuance in the Euro bond market with…

FNZ, the global wealth management platform, announced that company founder Adrian Durham, “has decided to transition from his role as Group CEO to a non-executive…

HALO Invest, a new adviser and investor platform in the UK, has opened headquarters in Glasgow after securing an £800,000 funding grant from Scottish Enterprise. The…

The Scottish Government said that Scotland’s GDP grew 0.6% in real terms over the second quarter of 2024 (April to June), after growing 0.5% in…

Scottish luxury brand Strathberry announced the appointment of Martin Byrne as its new managing director as it sets its sights on reaching £100 million in revenue…

John Wood Group plc said it has signed separate sales agreements for the disposals of two businesses, which together are expected to generate net proceeds…

Scotland’s small companies experienced a significant rise in late payments as business confidence fell in the run up to the UK General Election, new research…

Just Group announced it has completed a £42 million full-scheme buy-in for The Scottish Milk Limited Retirement Benefits Plan. The scheme is sponsored by First…

Scottish Rugby said it has recruited internationally-respected performance director David Nucifora in an “advisory” capacity for two years to “provide a roadmap for its next…

The time has come for Edinburgh and Glasgow to have “directly elected mayors that work together formally” to promote Scotland’s Central Belt as a “Growth…

Influential trade body Offshore Energies UK (OEUK) has announced Steve Nicol as the new supply chain champion for the sector. Nicol is Executive President of Operations…

John Wood Group plc, the Aberdeen-based engineering and consulting giant, said it is advancing three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf….

Scotland’s ageing population has driven up the number of Scottish households who own their home mortgage-free, according to new statistics from the 2022 Census. In…

Glasgow media firm STV Group plc said its STV Studios business has confirmed four new commissions and recommissions, including a second series of international thriller Criminal…

The City of Edinburgh Council’s plans to introduce a visitor levy for Scotland’s capital took another significant step forward on Thursday as councillors agreed key…

Hymans Robertson, the pensions, actuarial and financial services consultancy, has announced two new experienced hires to its Edinburgh office as the firm’s risk transfer team…

By Mark McSherry The £680 million Baillie Gifford US Growth Trust plc said its share price and net asset value (NAV) returned 32.9% and 16.2%…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said its revenue fell 8% to £129.6 million and  profit before tax slipped 3% to £9.7 million…

Brazil has granted special protected status to Scotch Whisky in a move that could be worth around £25 million over five years and will give distillers…

Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc said on Thursday the telecoms market “has remained challenging” but it is encouraged “by early successes of Calnex’s…

The Scotch Whisky Association said new tax receipts data published by HMRC show the UK Treasury has lost £298 million in tax revenue from Scotch…

The latest activity report from Lerwick Port Authority in Shetland has confirmed a significant increase in traffic across sectors in the first half of 2024….

UK government borrowing totaled £51.4 billion between April and July — the first four months of the financial year — which was £4.7 billion more…

Scotland’s development bank, The Scottish National Investment Bank (SNIB), announced that it committed £224.6 million in capital to 20 companies over the 2023-24 financial year. The…

A pilot scheme that scrapped peak-time ScotRail fares will end in September following “a limited degree of success.” The project, which saw ticket prices subsidised…

After a rocket engine exploded during a launch test at the UK’s new spaceport in Shetland on Monday, the CEO of SaxaVord Spaceport has warned:…