UK investors added £11.39 billion to their stock fund holdings in the first half of 2024 as they piled into North American and global funds…

Just Group said it has completed a £260 million buy-in for the Menzies Pension Fund. The pension scheme is sponsored by John Menzies Limited and…

Scotland Food & Drink chair Lucinda Bruce-Gardyne is to step down from her role when her tenure ends in October this year. She has been…

Edinburgh investment giant Baillie Gifford has announced two key appointments as part of plans to expand its North American business and its commitment to US…

By Mark McSherry Baillie Gifford’s £2.8 billion Monks Investment Trust plc has reported “an encouraging return to positive relative performance” for the year to April 30, 2024. Monks…

Edinburgh-based Craneware plc, a provider of software for the US healthcare market, announced that it has signed agreements with Microsoft in the areas of the…

Aberdeen-based Plexus Holdings plc, the AIM quoted oil and gas engineering services business, announced a number of changes to its board of directors. After more…

Scottish Rugby said a two-year timetable to “reset” its financial position has been agreed by the boards of both Scottish Rugby Limited and the Scottish Rugby…

Scotland-based contractor and developer Graham Group said it has surpassed the £1 billion turnover milestone for the second consecutive year as revenue increased to £1.125 billion….

Scottish law firm Burness Paull said it has reported strong results for its financial year ended March 31, a shortened eight-month reporting period following the firm’s…

Abrdn said it completed the acquisition of the Tandem Centre, a premier retail park in Colliers Wood, South London, for £60.8 million from LaSalle Investment…

Research by investment giant Abrdn has found that 44% of UK adults have poor financial literacy. Abrn is urging the next UK government to urgently…

ScottishPower, a subsidiary of Basque green energy giant Iberdrola, has made two new senior appointments with Charles Langan becoming its new chief financial officer and…

Mark Darbon has been appointed chief executive of The R&A and Secretary of The Royal and Ancient Golf Club of St Andrews. Darbon will succeed…

Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — said its profit before tax and exceptional items…

Independent property advisory firm Lismore Real Estate Advisors has published the latest figures on the commercial property market in Scotland — for the second quarter of…

Martin Gilbert’s asset manager AssetCo said it is in “advanced discussions” for two potential joint ventures and that it is proposing to change the firm’s name to…

Huddersfield-based Fintel, a provider of fintech and support services to the UK retail financial services sector, said it conditionally agreed to acquire Manchester-based Threesixty Services Limited, a provider of…

Standard Life, part of Phoenix Group, has concluded a £880 million Bulk Purchase Annuity (BPA) transaction with the Rolls-Royce & Bentley Pension Fund, which is…

Highland Council said it has agreed a number of strategic objectives with the aim of finding solutions to the area’s housing shortage. “It is anticipated…

Scottish companies are reporting improving business conditions across most measures, and a “moderate increase in optimism regarding the growth of the Scottish economy in the…

Shares of Glasgow-based fashion firm Quiz plc fell about 7% after it said its revenues fell in the period from April 1 to May 31….

Phoenix Group Holdings plc, owner of Standard Life, has announced its intention to explore a potential sale of its SunLife Limited business. SunLife is a…

Aberdeen-based engineering giant Wood Group has been awarded a contract by Centrica Energy Storage (CES) for the redevelopment of the UK’s Rough field in readiness for…

The latest housebuilding statistics published by Scotland’s Chief Statistician show that there were 19,632 homes completed and 16,404 new builds started in the 2023-24 financial…

Dundee-headquartered Alliance Trust plc and London-based Witan Investment Trust plc have agreed to merge to create a company managing £5 billion in the latest example of consolidation…

The Scottish Government’s Cabinet Secretary for Rural Affairs, Land Reform and Islands, Mairi Gougeon MSP, announced the appointment of Global Wind Energy Council senior fellow Adam Bruce, Scottish…

The annual rural land market insights report, a collaboration between the Scottish Land Commission and Scotland’s Rural College (SRUC), has revealed a general trend of…

US law firm Robbins Geller Rudman & Dowd LLP announced it secured a $434 million settlement for investors in a securities fraud class action suit…

Abrdn investment trust managers around the world have issued their latest outlooks — with near-term risks in India, elevated tensions in the Middle East and…

The Republic of Iceland announced it has sold a “gender bond” in the amount of €50 million. The bond bears a 3.4% fixed rate coupon…

The 10.1% increase in excise duty imposed by the UK government on Scotch Whisky in August 2023 — the biggest rise in more than four…

Dundee-based design and technology services firm Waracle said it agreed a deal to acquire Screenmedia, the Glasgow-based design and software engineering agency, in a move…

UK central government debt has risen to £2.743 trillion, or 99.8% of gross domestic product — the highest percentage since 1961 — according to latest statistics…

Glasgow-based Startline Motor Finance said it has carried out a new £450 million London Stock Exchange securitisation. “The move has seen the company float around…

Almost £50 billion was spent by the Scottish Government last year on public services, according to newly published official figures. The Provisional Outturn, which compares…

Edinburgh-based Wordsmith, which calls itself an “AI-powered legal assistant platform,” said it has raised $5 million to “transform the legal industry and unleash a new…

Phoenix Group Holdings plc, owner of Standard Life, announced the completion of the initial phase of its deleveraging programme, comprising a debt redemption and refinancing…

The UK central bank has kept its main interest rate unchanged at a 16-year high of 5.25% ahead of the July 4 general election —…

NatWest Group has agreed to acquire most of the banking business of Sainsbury’s in a deal that would increase the bank’s assets by £2.5 billion. Sainsbury’s Bank…

Aberdeen-based consulting and engineering giant John Wood Group plc said it has been awarded a contract by the world’s largest gold mining firm, Newmont, to enhance…

The Institute of Chartered Accountants of Scotland (ICAS) has called for the next UK government to “urgently prioritise audit and corporate governance reform” in order…

Springfield Properties announced that the first of 47 new homes in Drumnadrochit are due to go on sale this weekend following planning approval at appeal….

Stirling-based nanomaterial producer iGii, formerly known as Integrated Graphene, has announced £8.8 million in new funding to accelerate growth.  The funding round was led by…

The Eden Project Dundee has been granted planning permission by Dundee City Council following an intensive period of community engagement. The scale of the development…

Contributions paid by FTSE 350 defined benefit (DB) pension scheme sponsors into defined contribution (DC) schemes have exceeded those paid into DB schemes for the…

Plans for the first phase of a £1.3 billion sustainable new coastal town at Granton Waterfront in Edinburgh — with 850 homes — are now…

The productivity of mid-sized businesses (MSB) in Scotland is being dragged down by a lack of key skills, according to new data from business and…

Scottish salmon exports have risen to £645 million, reaching their highest level in five years, as international demand continues to grow. New UK HMRC data…

There have been six mergers between investment trusts so far in 2024, already surpassing the previous record of five mergers set in 2021 and equalled…

BrewDog co-founder and former CEO James Watt has revealed more details about his new brand building business, which is called Social Tip. “This new business…

Scottish Financial Enterprise will launch its general election manifesto on Monday asking all political parties to “support the sector in supercharging the economy.” The document…

Bowland, described as one of the finest moorland estates in the Scottish Borders, is up for sale with an asking price of more than £18.5 million….

Savills has reported that the number of Scottish farmland acres advertised for sale on the open market to the end of May was 64% higher…

John McGuigan has announced his intention to stand down as chair of Scottish Financial Enterprise (SFE), with deputy chair Sue Dawe proposed to be confirmed…

Aberdeen-based consulting and engineering giant John Wood Group plc said it has been awarded a new $46 million, three-year contract by TotalEnergies in Iraq. Wood said…

KPMG UK has appointed Vishal Chopra to lead the professional services firm in Scotland. Chopra will be responsible for a team of more than 900…

Stockport-based OCU Group, an energy transition and utilities services company, announced the acquisition of Glasgow and Dingwall-based RJ McLeod (Contractors) Limited. “RJ McLeod has over…

AEG Europe announced on Wednesday that it has received planning permission from the City of Edinburgh Council for a new 8,500-capacity entertainment arena in Edinburgh…

The Forth Green Freeport (FGF) has announced it is officially open for business following approval from the Scottish and UK Governments of its Outline Business…

Former NatWest Group CEO Alison Rose has joined private equity firm Charterhouse Capital Partners as a senior adviser. The move comes almost a year after she was…

Aberdeen-headquartered transport giant FirstGroup plc reported an increase in adjusted operating profit to £204.3 million for the 53 weeks to March 30, 2024. Total dividend will…

The latest Noble & Co Whisky Intelligence Report has revealed “a period of substantial difficulty for the Scotch whisky auction market” with volumes and value “significantly” down….

CodeBase, the operator of Scotland’s Techscaler startup support network, announced it is relaunching CodeClan, Scotland’s national digital skills academy, with three Scottish colleges and a Silicon…

Glasgow-based secure cloud services firm Iomart announced the appointment of Richard Last as non-executive chair as it confirmed revenue growth of 10% to a record £127…

Scotland’s only private electric vehicle charge point operator FOR EV has been boosted by a £10 million follow-on investment by the Scottish National Investment Bank….

Estimates sourced from the UK’s Office for National Statistics (ONS) Labour Force Survey show the unemployment rate in Scotland was 4.7%, up 0.4 percentage points, over…

Savills announced it has been appointed by Nuveen Real Estate to market a 25% interest in Edinburgh’s St James Quarter — and jointly appointed to…

The Scottish Space Network has announced a strategic partnership with New York-based Sustainable Alpha to open up investment opportunities for the Scottish, UK and international…

Former First Minister and Alba Party leader Alex Salmond has warned rival political parties that their support will “evaporate” if they attempt to reintroduce tuition…