Glasgow shipyards win as UK gets £10bn Norway deal
The UK government said billions of pounds will be pumped into the UK economy following Norway’s decision to select British warships for its Armed Forces…
The UK government said billions of pounds will be pumped into the UK economy following Norway’s decision to select British warships for its Armed Forces…
UK Chancellor Rachel Reeves has been asked to give a “lifeline” to whisky distillers in the Autumn Budget as the Scotch industry revealed there have…
Dubai-based Sidara finally announced on Friday afternoon a proposed deal to take over John Wood Group, the troubled Aberdeen-based global engineering and consulting giant. But in…
Invergordon-based Albyn Housing Society — one of the largest housing associations in the Highlands — said it is pushing ahead with an ambitious plan to…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it has completed the acquisition of Florida-based Townley Engineering and Manufacturing Co., Inc. and…
Had-Fab, the Tranent-based structural engineering and metal fabrication firm, has secured more than £100 million of contracts with SSEN Transmission in the north of Scotland….
Chivas Brothers, the Scotch whisky business of Pernod Ricard, announced its performance for the year to June 2025, with net sales down -3.4% compared to…
Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said its revenue increased 13% to £146.6 million in the six months to June 30, but its…
Baillie Gifford announced it has joined the Independent Investment Management Initiative (IIMI) in the UK — a group for “investment boutiques” — saying that “industrialisation…
Scotland’s onshore GDP grew 0.6% in June 2025, according to statistics announced by the Chief Statistician. This follows a revised growth of 0.1% in May…
Eyemouth port has announced ambitious plans to develop a new £250 million deep-water harbour as part of the Eyemouth Harbour Masterplan — positioning the Scottish…
Lerwick Harbour said it delivered a strong performance across key sectors in the first half of 2025, compared to the same period in 2024. Ship…
SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, said on Tuesday it has successfully launched its second issuance in the Euro bond…
Baillie Gifford’s £1 billion investment trust company Scottish American Investment Company (SAINTS) on Tuesday announced the appointment of Angus Macpherson as chairman designate and non-executive director…
A major public consultation on the proposed new routes for Edinburgh’s tram network — from Granton in the north of the city to the Edinburgh BioQuarter and…
Dubai-based Sidara has informed John Wood Group, the troubled Aberdeen-based global engineering and consulting giant, that it is committed to making an offer to acquire…
More than 2.6 million tickets were issued at this year’s Edinburgh Festival Fringe — just short of last year’s 2.61 million — with organisers saying…
Martin Dickie, co-founder of Aberdeenshire craft beer empire BrewDog, has told staff he is leaving the business and the alcohol industry. Dickie started the firm…
Edinburgh-based international asset management firm Stewart Investors has announced big changes to its fund management team. Stewart Investors said senior portfolio managers David Gait, Sashi…
John Wood Group, the troubled Aberdeen-based global engineering and consulting giant, on Friday announced major changes to its executive leadership team. Wood Group said Chief…
Gordon Baggott has been appointed as the Smart Data Foundry’s new Chief Data Scientist. The Smart Data Foundry is a wholly-owned subsidiary of The University…
The Scottish National Investment Bank — Scotland’s development bank — said its income increased 78.8% to £34.5 million in the year to March 31, 2025….
UK government borrowing in the four months to July 2025 was £60 billion — £6.7 billion more than in the same four-month period of 2024…
The latest Registers of Scotland House Price Index (HPI) shows the average price of a residential property in Scotland in June 2025 was £192,000, an…
The UK Space Agency is to become part of the UK government’s Department for Science, Innovation and Technology (DSIT) in a move the UK government…
Edinburgh-based investment giant Aberdeen Group plc has agreed the sale of its financial planning business, Aberdeen Financial Planning, to fast growing national financial advice and planning…
Scotland and the North East of England led the way in startup company activity in the first half of 2025, according to the latest New Startup…
Edinburgh-based broadband firm GoFibre has completed a £125 million funding round that will support its delivery of two “Project Gigabit” contracts in the south and…
The board of Phoenix Group Holdings plc — owner of Standard Life — has announced a number of board changes. Belinda Richards, group independent non-executive…
Nottingham-based Ideagen, a compliance and risk management software firm, has acquired Edinburgh-based Reactec, a provider of innovative wearable technology with intuitive data analytics. Reactec was…
Loch Lomond & The Trossachs National Park Authority is urging caution and escalating enforcement action against what it called “the concerning trend of the marketing…
Scotland’s population passed the 5.5 million mark for the first time in the year to June 2023, according to revised figures from National Records of…
Scottish salmon export sales could soon break through the £1 billion barrier for the first time, according to trade group Salmon Scotland. New figures show…
The Scottish Government said on Thursday that a “typical household” in Scotland has about £239,500 in total wealth. It said new statistics show average wealth…
A new £50 million investment in Highland Broadband’s ultra-fast broadband network means that rural communities across Scotland are in line for an economic boost. Scotland’s…
About 37% of workers aged 55 and over would consider leaving their job if their ability to work flexible hours was significantly reduced, according to…
Linlithgow-based Calnex Solutions plc, a provider of test and measurement solutions for telecoms and cloud markets, told its AGM on Thursday its has strengthened its sales…
Edinburgh-based Artisanal Spirits Company (ASC), owner of The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN) & J.G. Thomson, has announced an update on its expansion…
Edinburgh-based investment giant Aberdeen Group plc announced that Ernst & Young LLP (EY) will succeed KPMG LLP as Aberdeen’s external auditor. “KPMG LLP will continue…
Begbies Traynor said it has overseen a £3.05 million deal to rescue The George Hotel, a historic 24-room boutique Scottish hotel in Inveraray on the…
Scotland’s SaxaVord Spaceport has announced the death of its pioneering CEO and founder Frank Strang after a short battle with cancer. He was 67. “Frank…
Inverness-based Aurora Energy Services said it has created a new strategic role in anticipation of a huge expansion of its onshore and offshore workforce. Leigh-Ann Robb…
The UK investment management industry recorded 10% growth in assets under management (AUM) to reach a new peak of £10 trillion in 2024, according to…
Total expenditure for Scotland in 2024-25 by the Scottish Government, UK Government and “all other parts of the public sector” was £117.6 billion, according to…
Glasgow-based Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, announced the launch of Market Edge Intelligence, which it considers to…
Lloyds Banking Group (LBG), which owns Bank of Scotland, Scottish Widows and Halifax, said on Tuesday it won a significant contract to provide banking services…
The Scottish Government said on Tuesday that estimates sourced from the ONS Labour Force Survey for April to June 2025, compared with the quarter before, indicate…
Scotland’s labour market “continued to show some resilience” as the second half of the year got underway, with job creation in the service sector partially…
By Mark McSherry The £780 million Baillie Gifford US Growth Trust plc said its share price and net asset value (NAV) returned 24.5% and 22.1% respectively…
Flexible working could provide a gateway back to work for more than 25,000 unemployed Scottish adults, according to figures from Flexibility Works. The Scottish Government…
More than a quarter of over 50s in the UK are now out of work — with two million of over 50s on out of…
Scotland’s economy “continues to show signs of improvement” as it enters the second half of 2025 – with increasing confidence across mid-market businesses, solid performances…
Perth-based SSE Renewables announced the appointment of Sandie Lengden as the new Project Director for Berwick Bank, which the firm believes will become the world’s largest single offshore…
Fund outflows from UK equities reached £964 million in June, according to the latest data published by the UK’s Investment Association (IA). These were the worst…
The UK central bank on Thursday cut interest rates to 4% from 4.25% after a tight 5-4 vote by the bank’s Monetary Policy Committee (MPC). Four of…
Alicante-based Banco Sabadell said on Wednesday its shareholders overwhelmingly approved the £2.65 billion sale of TSB bank to Banco Santander and the distribution of an…
Prime office rents have risen to record highs across Scotland’s key markets, primarily driven by the ongoing imbalance between supply and demand, according to Knight…
Space Scotland, the Edinburgh-based industry led body that represents Scotland’s fast-growing space sector, has appointed Natasha Nicholson as its new CEO. Nicholson returns to not-for-profit…
A high-end office complex in Dundee’s Technology Park has reopened after a £3 million refurbishment programme to make it one of the most environmentally efficient buildings in…
Standard Life, part of Phoenix Group, said it completed a £1.9 billion Bulk Purchase Annuity transaction with the Sedgwick Section of the MMC UK Pension…
The UK’s Advertising Standards Watchdog (ASA) has banned an advertising poster for Aberdeenshire’s BrewDog for implying that alcohol can “overcome boredom, loneliness or other problems.” The UK…
Aberdeen-based North Star said it has has secured multi-million-pound agreements to support German energy company RWE’s growing offshore wind farm portfolio with four hybrid-powered commissioning…
The UK’s National Institute of Economic and Social Research (NIESR) said the UK government is not on track to meet its “stability rule” with its…
Abrdn European Logistics Income plc, the fund which is in shareholder-approved managed wind-down, announced the completion of a further asset sale in Zeewolde, the Netherlands….
The UK has granted its first space launch licence to the Skyrora rocket company, based in Cumbernauld. The licence paves the way for the Scottish…
The combined farming and processing output for cattle, sheep and pigs in Scotland in 2024 is estimated to have risen by 2% from 2023, exceeding…
Edinburgh-based Baillie Gifford said its board has concluded that all 32 funds in its UK-authorised range “delivered value to investors based on a holistic assessment…
Inverness-based Highland Fuels, which is employee-owned, said it has acquired Brechin-based Carnegie Fuels after “an extensive sale process.” As part of the transaction, Carnegie Fuels will…
Edinburgh-based Approov Limited, an innovator in mobile app and application programming interface (API) security, said on Monday it has successfully closed a £5 million Series…
A recent economic impact report on the James Hutton Institute by BiGGAR Economics states that in 2023-24, for every £1 of funding the Hutton received from the Scottish…