Alliance Trust plc, the £3.9 billion Dundee-headquartered fund, said it produced “very strong” investment returns for the six months ended June 30, 2024, with a…

Abrdn’s Interactive Investor (ii) — the UK’s second-largest platform for private investors — said it has unlocked retail investor access to the UK Treasury Bill Market…

Scottish Enterprise is launching a new support programme for businesses that are ready to undertake capital investment but looking to develop leaders, change business processes…

ScottishPower said it has delivered a £1 billion boost for the UK energy supply chain and over £1.1 billion in investment in the first six…

Shell Plc plans to sell leases it won to develop floating wind farms off the coast of Scotland as the energy giant continues to retreat…

Aberdeen-headquartered Proserv has successfully completed a sponsor-backed management buyout (MBO) and is introducing an employee ownership scheme — marking a significant milestone in the company’s…

Vehicle fleet electrification and battery storage firm Zenobē said it has been awarded £41.7 million, alongside a network of bus operators, in phase 2 of…

Edinburgh-based Lario Therapeutics, a biopharmaceutical company developing first-in-class precision medicines for epileptic and neurological disorders, announced it has been awarded a $6 million grant from…

TSB, the UK banking business of Spain’s Sabadell, has reported a statutory profit before tax of £111.6 million for the first half of 2024, a…

The percentage of people in the UK not on track for even a “minimum retirement lifestyle” has worsened from 35% to 38% since 2023, equating…

Women in Scotland are starting and running new businesses at almost the same rate as men for the first time, while one in five entrepreneurs…

Five projects funded by the UK Space Agency across Scotland were announced on Monday during the opening day of the Farnborough International Airshow, providing over…

Edinburgh emerged as the leading UK destination for foreign direct investment (FDI) outside of London and the South East of England, according to the latest…

SSE, the Perth-based electricity infrastructure giant, has announced plans to progress a new pumped storage hydropower scheme at Loch Fearna in Scotland’s Great Glen in a…

Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, said on Monday its full-year revenue for FY24 “is expected to be…

PwC has announced 234 promotions across Scotland, including two new equity partners. The latest round of promotions, which extends to team members across all lines…

Perth-based electricity infrastructure giant SSE said it has been granted planning permission for a solar farm located on lands near its existing 18 turbine Richfield…

Glenrothes-based Seaweed Enterprises Limited has announced its new brand identity House of Seaweed, signifying a pivotal step in the company’s plan to become a leading…

The UK’s Competition and Markets Authority (CMA) said it has cleared the anticipated £2.9 billion cash acquisition of listed bank Virgin Money UK plc by…

The UK’s public sector net debt excluding public sector banks was provisionally estimated at around £2.74 trillion or 99.5% of gross domestic product (GDP) at the…

A global tech outage crippled many industries from airports to finance and hospitals for hours on Friday before services started coming back online. The outage…

Shares of Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), rose about 7% after it published a trading update for…

Edinburgh-based Craneware plc, a provider of software for the US healthcare market, said it expects revenue for the year to exceed $188 million, which is above…

Estimates sourced from the ONS Labour Force Survey for March to May 2024 indicate that over the quarter the Scottish unemployment rate increased, the employment…

Perth-based electricity infrastructure giant SSE said renewable output in its first quarter was 60% higher than the same period last year “reflecting a return to…

Deputy First Minister Kate Forbes on Wednesday joined Scottish Enterprise chief executive Adrian Gillespie to announce an £8 million grant contribution to the construction of…

Sue Dawe has been confirmed as chair of Scottish Financial Enterprise (SFE), the member body for Scotland’s large financial and related professional services industry, with immediate…

The Scottish economy is predicted to grow more in 2024 compared with last year, with real GVA expected to be 0.9% higher across 2024 —…

Wood Group of Aberdeen has been awarded a $40 million engineering design contract by Kuraray to build a new sustainable packaging production plant in Singapore. “Addressing…

John Wood Group plc, the Aberdeen-based engineering and consulting giant, said Henrik Melsom has been appointed Senior Vice President of Wood’s Norwegian operations, tasked with growing the…

North Sea oil and gas operators must “take action on well decommissioning to support the UK’s supply chain, clean up their oil and gas legacy…

TotalEnergies and Perth-based energy giant SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging…

Forth Green Freeport (FGF) said it has appointed former City of London Corporation executive Sarah Murray as the first chief executive of the public-private consortium….

Leading Scottish law firm Brodies LLP has announced its 14th consecutive year of growth, posting revenue of £114.3 million. In the financial year to April…

Scottish Enterprise said it is launching a new £35 million Manufacturing Property Challenge Programme for prospective developers of manufacturing property to create 1,000,000 sq.ft. of…

The North Sea Transition Authority (NSTA) said the search for carbon storage and windfarm sites has received a significant boost with the transfer of valuable…

Scotland’s forestry contributes £1.1 billion to the economy each year and supports more than 34,000 jobs, a new report has found. The independent study, commissioned…

Investor research by independent property advisory firm Lismore Real Estate Advisors has shown that 90% of investors would consider investing in Edinburgh over the second half of…

Figures compiled by Highlands and Islands Enterprise (HIE) show that businesses and communities supported by the agency during the last financial year are set to…

Elgin-based house builder Springfield Group has made two senior promotions, appointing Andrew Curran to Managing Director (Central) covering Springfield Properties, Dawn Homes, Walker Group and…

Perth-based SSE and Norway’s Equinor have finalised commercial terms for a potential expansion of the Dogger Bank Wind Farm known as Dogger Bank D. Dogger…

A new report published by the Scottish Human Rights Commission recommends the Scottish Government should produce and publish two key fiscal documents to improve budget…

The UK Department for Energy Security and Net Zero has denied reports that Ed Miliband has banned the North Sea Transition Authority (NSTA) from issuing…

UK stock funds saw a record outflow of £1.8 billion during May, according to data published by the Investment Association (IA). The May outflows continue…

Standard Life, part of Phoenix Group, has announced four senior appointments within its Defined Benefit Solutions division. Jack Hill has been appointed Director of Defined…

The Scottish Chambers of Commerce’s latest Quarterly Economic Indicator survey shows that confidence and trading conditions have improved slightly among Scottish firms, albeit it remains at…

New figures from the British Business Bank show that Scotland accounted for almost one-fifth of all UK equity deals involving university spinouts in 2023. The…

The UK Financial Conduct Authority (FCA) said it has overhauled listing rules for company shares in London to reduce red tape in an effort to “boost…

Scotland outpaced both the UK and Europe with Foreign Direct Investment (FDI) growth last year, according to EY UK Attractiveness Survey –Scotland 2024. Utilities, including…

John Wood Group plc, the Aberdeen-based engineering and consulting giant, on Thursday reported an order book of $6.1 billion, up 2% compared to June 2023. In…

The CEO of Elgin-based house builder Springfield Properties plc has called on the Scottish Government to take action to address Scotland’s housing emergency “which must…

Growth capital investors BGF has announced a multi-million pound investment in Aberdeen-headquartered energy services company Glacier Energy, joining Averroes Capital as investors in the business….

Festivals Edinburgh has appointed Lori Anderson as its new Director, succeeding Julia Amour who is stepping down from the role in October 2024. Formed in…

UK finance minister Rachel Reeves and UK business secretary Jonathan Reynolds have instructed their officials to begin work to “align” public finance institutions the UK…

The Scottish Government has announced its intention to award Balfour Beatty Civil Engineering Ltd the £185 million construction contract to dual the A9 between Tomatin…

Recast, the Edinburgh-based “fintech-for-media” platform, has announced the closing of a $5 million funding round. This round was led by Los Angeles-based venture capital firm…

Shell has awarded Aberdeen-based consulting and engineering giant Wood plc a major engineering contract for the world’s largest floating offshore gas facility in Western Australia….

The Royal Bank of Scotland Growth Tracker report has signalled a further rise in private sector output across Scotland in June. Employment rose in the…

Perth-based electricity infrastructure giant SSE and its partners have announced they are moving forward with development of 2GW offshore wind farm in the Dutch North…

The new “Hollow Mountain” power station at Cruachan near Oban has moved forward to the important design stage. Renewable energy giant Drax has appointed German technology…

Hymans Robertson, the pensions, actuarial and financial services consultancy, has announced the appointment of Alec Day as Head of Private Sector Actuarial Services and Susan McIlvogue…

SSE has announced Denmark’s Vestas as the turbine supplier for its 12 turbine, 50MW Aberarder Wind Farm in the Scottish Highlands. Vestas will supply and…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced the acquisition of Leighton Buzzard-based Polyformes Limited for up to £11.5 million in cash, including an…

The Scottish National Party (SNP) has lost 38 Westminster seats so far in the UK general election — amid a low turnout by voters —…

MI:RNA, the Edinburgh veterinary diagnostics company, has secured $4 million in Series A funding. Funds have been raised from eight investors across three continents, including…

The Association of Investment Companies (AIC) revealed there has been a whirlwind of corporate activity in the first half of 2024 as investment trust boards battled…

By Mark McSherry The University of Edinburgh has announced the permanent appointment of Andrea Taylor as the new chief executive officer of Edinburgh Innovations (EI),…

John Wood Group plc, the Aberdeen-based engineering and consulting giant, announced on Wednesday an extension to the “Put Up Or Shut Up Deadline” for Dubai-based firm…

Moody’s Ratings said it has completed a periodic review of the ratings of Aberdeen City Council “and other ratings that are associated with this issuer.”…

Investment giant Abrdn and the University of Edinburgh have announced a pioneering project out of their partnership Centre for Investing Innovation that will seek to…