Sabadell shareholders approve TSB sale to Santander
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…
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…
The Scottish Funding Council (SFC) said it has published a new report that “marks another step forward in the development of a plan to steer…
Kate Forbes, the Scottish Government’s Deputy First Minister and Cabinet Secretary for Economy & Gaelic, said on Monday she will not to seek re-election at the…
Edinburgh-based Craneware, a provider of software for the US healthcare market, announced late on Friday a proposed “reduction of capital” which it said is expected to create…
Edinburgh-based upmarket home builder Cala Group (Holdings) Ltd said its profit before tax — before exceptional items — fell 30% to £78.2 million in 2024 from £112.3…
Scottish businesses are showing tentative signs of recovery, despite “tremendous uncertainty” in business confidence and economic outlook for the remainder of 2025, according to the…
Global Energy Group (GEG) has reached an agreement for the sale of three of its group companies — including The Port of Nigg in the…
One of the world’s largest offshore wind farms — in the outer Firth of Forth off the East Lothian coast — has been granted consent by…
Scottish accountancy firm Wbg has appointed storied banker and investor Benny Higgins, the former boss of Tesco Bank, as its new chairman. Currently chairman of…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said that for continuing operations, its orders rose 8% to £1.304 billion in the…
Scotland’s onshore GDP contracted by 0.2% in May 2025, according to statistics announced by the Chief Statistician. In the three months to May, Scotland’s onshore…
Leading figures from some of the world’s biggest financial, tech and energy organisations are to gather in Scotland for a new festival focused on the…
Edinburgh-based investment giant Aberdeen Group published first-half results on Wednesday, showing assets under management and administration (AUMA) of £517.6 billion, up from £511.4 billion at…
The Scottish Government said First Minister John Swinney met US President Donald Trump in Aberdeenshire on Tuesday and urged Trump to consider “economic protections” for Scotland’s…
Highlands and Islands Enterprise (HIE) said it met or exceeded 18 of its 20 key targets during the 2024/25 financial year. Overall, HIE said it approved…
Suntory Beverage & Food Great Britain and Ireland (SBF GB&I) has announced an investment of £920,000 over the next five years to continue its blackcurrant…
Scottish law firm Burness Paull said its turnover for the year ended March 31, 2025, was £93.5 million, up from £60.1 million in 2023/24, and…
A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks and Funkin cocktail mixers, said it acquired a 50.1% equity stake in “functional…
Troubled Aberdeen engineering firm John Wood Group said on Monday its board is continuing to work with Dubai-based Sidara on pre-conditions to a possible takeover offer…
Shares of Glasgow-based media firm STV Group plc fell more than 20% on Monday after the company said its expectations for full year revenue and…
Scotch whisky giant William Grant & Sons has reported a 6.5% decline in turnover to £1.834 billion, with profit before tax down 30% to £388…
NatWest Group — the bank formerly known as RBS — on Friday announced a £750 million share buyback and said its first-half operating profit before tax…
Troubled Aberdeen-based engineering giant John Wood Group plc said on Friday its subsidiary JWG Investments Limited has reached an agreement to sell its 50% interest in…
Bank of Scotland plc, owned by Lloyds Banking Group, has reported profit before tax for the first half of 2025 of £680 million, up from…
Iomart Group plc, the Glasgow-based secure cloud services firm, said on Thursday its search for a new CEO “will commence later in the year” following a…
Edinburgh-based investment giant Aberdeen announced that it has to date raised £233 million for its Abrdn Private Credit SCSp RAIF- Global Fund Finance Fund launch —…
NatWest Group — the bank formerly known as RBS — has announced a new, five-year collaboration with Amazon Web Services (AWS) and Accenture to accelerate the…
Coutts & Co, the private bank of NatWest Group, has announced the appointment of prominent Scottish fund manager Anne Richards as its next chair. “As…
Law firm Blackadders LLP said Neil Robb, Partner and Head of Commercial Real Estate, has been appointed chairman. Blackadders LLP is a national law firm…
Edinburgh-based oil and gas firm Capricorn Energy said its receivables position remained “relatively flat” from year end 2024 at $172 million as of June 30, 2025, after expected…
UK government borrowing in the three months to June 2025 was £57.8 billion — £7.5 billion more than in the same three-month period of 2024 and…
Scottish-headquartered UK law firm Shepherd and Wedderburn has reported a 10% increase in turnover to £78.3 million and a 20% rise in net profits to £36.1…
NatWest, the banking group formerly known as RBS, has launched new lending of up to £500 million entirely ringfenced for the building of social rent…
Edinburgh-based startup SWURF — a platform for remote workers — has landed a six-figure investment and appointed three seasoned industry leaders to its board, signalling a…
Iomart Group plc, the Glasgow-based secure cloud services firm, announced on Friday a date to publish its delayed full year results as it searches for a…
Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN) & J.G. Thomson, published a trading update for the six months ended…
Scotland’s financial services industry has the potential to increase the sector’s gross value added (GVA) contribution by up to 21% by 2028, according to new…
SSE plc, the Perth-based electricity infrastructure giant, said hot weather conditions in the UK across April and May resulted in a 4% decrease in output…
Johnnie Walker and Guinness giant Diageo announced on Wednesday that Debra Crew has stepped down as its chief executive officer and as a board Director after…
The UK’s Financial Conduct Authority (FCA) has fined Barclays Bank UK plc and Barclays Bank plc a total of £42 million for “separate instances of…
The number of overdue invoices on the books of Scottish businesses reached more than 1.8 million in Q2 of 2025, according to new research from…
Shares of Edinburgh-based Craneware, a provider of software for the US healthcare market, rose as much as 12% after it published a positive trading update for…
The UK government should reform the Scottish Government’s capital borrowing powers to “offer higher limits”, according to the latest report from the UK government’s Scottish…
Glasgow-based mobile energy giant Aggreko plc — bought in 2021 by private equity firms TDR Capital LLP and I Squared Capital — announced the acquisition of Mobil…
The Scottish Government said around 63,000 more premises in the North East of Scotland will be able to access gigabit-capable broadband following the award of…
NatWest Group plc announced the successful completion of the full disposal of its shareholding, held through subsidiary RBS AA Holdings (UK) Limited, in Irish bank…
Clean technology company Innovatium Group Limited has secured a £3 million investment from the Scottish National Investment Bank and Hitachi Industrial Equipment Solutions (HIES). The…
Leading Scottish law firm Brodies LLP has reported its fifteenth consecutive year of growth, with revenue rising 11 % to £126.7 million for the financial…
Most Europeans (63-75%) across five continental countries included in the latest YouGov EuroTrack — Denmark, France, Germany, Italy and Spain — would support an independent…
The UK’s Financial Conduct Authority (FCA) said on Tuesday that it is introducing “stripped back rules” that will make it easier for companies to raise…
NatWest Group plc announced on Monday its intention to sell its full shareholding, held through subsidiary RBS AA Holdings (UK) Limited, in Irish bank Permanent TSB…
New analysis from Edinburgh-based investment giant Aberdeen shows that smaller companies globally have outperformed their large cap counterparts “across major asset classes” since “Liberation Day”…
Aberdeen Investments, Lloyds Banking Group and Archax have announced a landmark collaboration of their trading businesses to advance the use of blockchain technology using tokenised…
Edinburgh-based upmarket home builder Cala Group (Holdings) Ltd announced the appointment of Michael Rice as chief financial officer (CFO). Rice was most recently CFO of Irish homebuilder…
Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, announced the signing of $10 million of proximity cloud contracts in…
A new £17 million project led by the University of Edinburgh and Rolls-Royce is aiming to help drive the development of sustainable fuels and technologies…