London’s FTSE 100 index ends week at record high
London’s FTSE 100 share index ended the week at a record high. The index closed at 8,505.22 points, surpassing its previous closing record of 8,445.80…
London’s FTSE 100 share index ended the week at a record high. The index closed at 8,505.22 points, surpassing its previous closing record of 8,445.80…
Royal London announced the appointment of Isabel Hudson as a non-executive director and as chair of The Royal London Mutual Insurance Society Limited with effect…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it has formed a new joint venture with Olayan Saudi Holding Company to provide…
The Association of Investment Companies (AIC) has written to the Financial Conduct Authority (FCA) to raise concerns about protection of retail shareholders’ interests follows the attack…
The Scottish National Investment Bank has announced a new £20 million investment in subsea cable manufacturer XLCC. The investment will support the company’s development of…
Aberdeen and Grampian Chamber of Commerce (AGCC) has told Scottish ministers that a presumption against new oil and gas developments in the North Sea “must…
Scotland’s private sector ended 2024 with a renewed decrease in output, according to the Scotland Growth Tracker index from Royal Bank of Scotland. The index…
Analysts at Investec have described the attack by US activist hedge fund Saba Capital Management on seven UK investment trust companies as “an egregious and…
Ineos chairman Jim Ratcliffe has claimed the UK is witnessing the “extinction” of one of its major industries as chemical manufacturing has “the life squeezed…
Edinburgh-based Craneware plc, a provider of software for the US healthcare market, published a positive update on trading for the six months ended December 31, 2024,…
Macfarlane Group, the Glasgow-based protective packaging, design and distribution firm, announced the acquisition of The Pitreavie Group Limited for a maximum cash consideration of £18…
Edinburgh-based Quorum Cyber has announced the acquisition of San Francisco-based Kivu Consulting Inc, a global cybersecurity firm specialising in Incident Response. The strategic move bolsters Quorum…
Scottish textile firm Wilkie is to relocate from Kirriemuir to become the majority shareholder of the Michelin Scotland Innovation Parc (MSIP) in Dundee. Wilkie will partner…
The FinTech Scotland Cluster recorded 8% year-on-year employment growth in 2024 — bringing the total number of people working in fintech to over 11,300. The…
The Scotch Whisky Association (SWA) said the UK Treasury has lost out on half a million pounds a day in tax revenue since excise duty on Scotch Whisky…
Scotcoin — the “ethical crypto” — announced it will list on a “major” cryptocurrency exchange in February 2025 which will see the project valued at…
Scotland will be home to the three largest battery energy storage systems in Europe after investment fund Copenhagen Infrastructure Partners (CIP), the largest supplier of…
The Association of Investment Companies (AIC) has written to the major retail investment platforms urging them to make their customers aware of the general meetings…
Glasgow-based Startline Motor Finance said it has secured a five-year £475 million credit facility from investment bank J.P. Morgan. “This is the sixth renewal and upsize…
Waterford, Ireland-based Suir Engineering Ltd., one of Europe’s fastest-growing engineering services providers, has announced the acquisition of Paisley-based Taylor & Fraser, a leading mechanical &…
The Scottish National Investment Bank (SNIB) announced that the UK’s Financial Conduct Authority (FCA) has approved an application for authorisation by the bank’s wholly owned…
Two more investment trusts run by Baillie Gifford have urged shareholders to reject all proposals by New York hedge fund Saba Capital Management to remove the funds’…
Emirates said its first Airbus A350 has entered commercial service, operating its inaugural flight from Dubai to Edinburgh. The Emirates A350’s arrival in Edinburgh follows…
Edinburgh-based oil and gas firm Capricorn Energy said on Friday it has not received “the final settlement payment of $22.5m from Waldorf Production UK PLC…
An in-depth analysis of national financial accounts by Edinburgh investment giant Abrdn shows that UK adults “hold the smallest percentage of their wealth in investments of…
By Mark McSherry Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust said a requisition notice from New York hedge fund Saba Capital Management for a general…
Aberdeen-based engineering and consulting giant John Wood Group said it has completed the sale of its stake in Ethos Energy Group Limited, a joint venture…
Footfall rose 9.3% in December from November in Scotland’s retail destinations led by an 18.8% increase in shopping centre footfall, followed by an 8.4% rise…