FCA plans easier retail access to UK company bonds
The UK’s Financial Conduct Authority (FCA) said it has set out proposals to make it easier for listed companies to issue corporate bonds that wealth…
The UK’s Financial Conduct Authority (FCA) said it has set out proposals to make it easier for listed companies to issue corporate bonds that wealth…
The Scottish Chambers of Commerce (SCC) said the court decision to allow the Rosebank and Jackdaw oil and gas fields to resubmit environmental assessments while consents…
Scottish Rugby said an independent evaluation by specialist researchers GSIQ of its overall economic value to Scotland in the period from June to December 2024…
Edinburgh Festival Fringe Society chair Benny Higgins announced the appointment of Tony Lankester as incoming chief executive. Lankester, a journalist by trade, will join the…
Workshop & Artists Studio Provision (Scotland) Limited, known as Wasps, announced that its CEO Audrey Carlin “will be stepping down” from her role. Carlin will remain…
The Scotland and Northern Ireland team of BGF, the growth capital investor, reported strong investment activity through 2024, investing close to £50 million and announcing…
Two senior industry figures are to be appointed to the board of Scottish Financial Enterprise (SFE), the member body for Scotland’s financial and professional services…
The UK Government has invested £20 million in Forres-based spaceflight company Orbex as part of its Series D fundraising. In addition to the UK Government, the…
Scotland’s onshore GDP contracted by 0.5% in November 2024, according to statistics announced by the Chief Statistician. This follows a revised contraction of 0.4% (revised…
Analysis published by the Office of the Chief Economic Advisor has estimated Brexit trade barriers could impact Scotland’s economy by £4 billion. This estimated economic…
Germany-based AviAlliance announced the completion of its acquisition of AGS Airports, the operator of Aberdeen, Glasgow and Southampton airports from Ferrovial and Macquarie for an enterprise…
The Association of Investment Companies (AIC) has launched a campaign to ensure all investors can exercise their right to vote their shares amid the attack…
The UK’s Competition and Markets Authority (CMA) is investigating the anticipated acquisition by William Grant & Sons Group of The Famous Grouse and Naked Malt…
Phoenix Group said that Andy Curran, CEO of its Standard Life business, has decided retire in the summer of 2025 “after a transformative five year…
Franklin Templeton announced that its Edinburgh-based Martin Currie business, the $18 billion investment manager for active equities, will “align” the majority of its business under Franklin…
Edinburgh-based oil and gas firm Capricorn Energy said in an operational and trading update it is currently evaluating mergers and acquisition opportunities in the UK North…
Martin Gilbert’s asset manager AssetCo announced more details on its previously announced proposals for a share reorganisation and its plan to change its name to…
A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks, Funkin cocktail mixers and MOMA foods, said its 2024-25 revenue is expected to grow 5%…
Technology shares have fallen around the world amid fears that the emergence of a low-cost Chinese artificial intelligence model could threaten the dominance of AI…
The joint owners of Inch Cape Offshore Wind Farm off the Angus coast — ESB and Red Rock Renewables — announced that the flagship Scottish…
Heather Thomson has been announced as the new CEO of The Data Lab, Scotland’s innovation centre for data and AI, following a nationwide recruitment campaign….
Lloyds Banking Group (LBG) has announced plans to transform its Port Hamilton Scottish Widows building on Morrison Street in Edinburgh into a state-of-the-art innovation hub…
New analysis from Savills reported that a strong fourth quarter capped a “significant recovery” in terms of transactions across Scotland’s residential housing market in 2024…
Corporate and personal insolvency levels fell in Scotland in Q3 2024-2025 compared to Q3 2023-2024, according to insolvency and restructuring trade body R3 in Scotland, citing…
Edinburgh is the third most attractive city in the UK in which to establish a new business, according to a new report. Published by asset…
Professional services firm AAB has invested in Ormsby & Rhodes, one of the longest-established firms in Ireland, strengthening its international presence and access to the…
First Minister John Swinney has proposed a dedicated visa for international graduates from Scottish universities or colleges who want to stay in Scotland after their…
Current expectations for the Scottish economy are that growth in 2025 will be an improvement compared to 2024, according to the latest quarterly economic assessment…
The board of Herald Investment Trust plc announced that requisitioned resolutions to oust the current board put forward by US activist hedge fund Saba Capital…
UK government borrowing in the nine months to December 2024 was £129.9 billion — £8.9 billion more than at the same point in the previous…
Beeks Financial Cloud Group plc, the Glasgow-based connectivity provider for international financial markets, confirmed on Wednesday that the “major Exchange Cloud Customer” previously announced by the…
Scottish Widows has announced a new strategic partnership with Dutch asset manager Robeco to develop its responsible investment business. Scottish Widows is part of Lloyds…
A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks, Funkin cocktail mixers and MOMA foods, said Dino Labbate has been appointed as its…
Baillie Gifford US Growth Trust plc — one of the seven investment trust companies currently under attack from New York activist hedge fund Saba Capital Management…
Edinburgh investment giant Abrdn said on Tuesday its assets under management and administration (AUMA) rose 3% in 2024 to £511 billion, with a 1% increase…
Edinburgh-based Smart Data Foundry (SDF) has been awarded £3 million in funding to operate a new Financial Data Service (FINDS), enabling more researchers to study the financial health of…
Leading financial and professional services recruitment firm Core-Asset Consulting has revealed the five functions and associated jobs expected to be most in demand in Scotland in 2025….
The Scottish Event Campus (SEC) has announced former Scottish Rugby and Celtic FC executive Dominic McKay as its new chief executive. McKay will join the SEC…
Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust — one of the seven investment trust companies currently under attack from New York activist hedge fund…
Aberdeen-based John Wood Group said it has been awarded a “significant” new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland Basin,…
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…