B Gifford’s $2.4bn Schiehallion Fund in board changes
Baillie Gifford’s $2.4 billion Schiehallion Fund investment trust company announced the appointments of Graeme Proudfoot and Wendy Colquhoun as non-executive directors of the company with…
Baillie Gifford’s $2.4 billion Schiehallion Fund investment trust company announced the appointments of Graeme Proudfoot and Wendy Colquhoun as non-executive directors of the company with…
Aberdeen’s £2.2 billion Murray International Trust delivered a net asset value (NAV) total return of 10.5% and a share price total return of 9.9% in…
Iain Morrison has been appointed as Regional Managing Director, Commercial Mid-Market (CMM), for the Royal Bank of Scotland, part of NatWest Group. He replaces Judith Cruickshank…
The UK investment management industry achieved an 11% growth in assets under management (AUM) to reach a new peak of £11.1 trillion in 2025, according…
Businesses affected by the wildfire in the Cairngorms are to receive a share of up to £3 million of Scottish Government funding. The Scottish Government…
A leading Scottish construction recruiter said the rise of the “no-phone generation” is forcing employers to rethink how they hire, with many young candidates refusing…
Wordsmith AI, the Edinburgh and New York-based AI-powered in-house legal assistant platform, has announced a $14 million extension to its Series B, led by new…
The Scottish Government said on Wednesday that up to £5 million will be made available to help support recovery from the fire on Edinburgh’s Princes…
MRP, the property development and investment division of McAleer & Rushe, said it has reached a “major development milestone” at 60 Morrison Street in Edinburgh…
Mutually-owned Royal London, the life insurance, pensions and investment company, said its assets under management reached a record £212.5 billion over the six months to…
Glasgow-based biopharmaceutical company Mironid has raised £34 million in a Series B funding round, which includes an £8.4 million equity investment from the Scottish National…
Scottish services exports were worth £16 billion in 2023, around twice their nominal value in 2008, and services businesses now account for nearly 41% of…
BP CEO Meg O’Neill told Bloomberg News in an interview on Tuesday the company still thinks “there is untapped oil and gas potential” in the…
Almost 11,000 hectares of land in the Outer Hebrides will move into community ownership following funding from the Scottish Land Fund. Bays of Harris Community…
The Scottish Government said the total number of 18-year-olds in Scotland who have secured a place at university this year has increased to 17,920 –…
Shares of A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks and Funkin cocktail mixers, fell as much as 7% on Tuesday…
Edinburgh-based investment giant Aberdeen Group confirmed on Monday it paid an undisclosed fee to controversial activist New York hedge fund Saba Capital Management to facilitate…
St Andrews Links Trust has appointed Richard Holland as its new chief executive from September 1, 2026. Holland was previously chief executive of Cardiff Rugby…
London Stock Exchange Group (LSEG) said its debt market remained active in the second quarter of 2026, with more than 7,500 bonds issued, raising more…
The £5.5 billion Dundee-headquartered investment trust company Alliance Witan plc said its investment manager Willis Towers Watson (WTW) is conducting “a structured review of the…
Port of Aberdeen has published its 2025 financial results “against a backdrop of accelerated decline in North Sea oil and gas activity and a renewed…
Crown Estate Scotland announced that Michael Stewart has been appointed as its new chair. Stewart has been a member of the board of Crown Estate…
The trading partnership between Scotland and India could be worth more than £3 billion a year by 2030 — up by more than a half…
Northway, a consortium whose shareholders are Aberdeen Investments and Spanish infrastructure firm Acciona, has reached financial close with NZ Transport Agency Waka Kotahi (NZTA) for…
Edinburgh-headquartered NatWest Group, the bank formerly known as RBS, said on Friday its first-half operating profit before tax rose 20% to £4.3 billion. First-half total…
BP confirmed on Friday it is launching a process to market its North Sea business for a potential sale. BP’s North Sea business has five…
Bank of Scotland plc, currently owned by Lloyds Banking Group, said its profit before tax for the first half of 2026 rose 66% to £1.127…
Scottish Rugby announced on Thursday it has dismissed its chief executive Alex Williamson following “an independent investigation.” Williamson joined Scottish Rugby in early 2025 from…
Leading Scottish law firm Brodies LLP said it recorded its 16th consecutive year of growth, reporting revenue of £138.8 million for the financial year ending…
ScottishPower, owned by Iberdrola of Spain, announced it has awarded contracts totaling £102.9 million to companies across the UK. Businesses based in the north and…
Scotland’s onshore GDP grew by 0.6% in the three months to May 2026, compared to the three months to February 2026, according to statistics announced…
NatWest-RBS announces the appointment of Triona O’Keeffe as its new Chief Data and Analytics Officer, as the bank brings its data, AI and engineering capabilities…
Edinburgh-based investment giant Aberdeen Group plc said its assets under management and administration rose 4% to £579.4 billion in the six months ended June 30,…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said its revenue from continuing operations increased 5% to £1.269 billion in the six…
The development of a clean fuels hub on Shetland is to get financial backing from the Scottish Government, Energy Minister Stephen Gethins announced ahead of…
Scottish Financial Enterprise CEO Sandy Begbie has called on the UK and Scottish governments to “reset relations” in order to drive economic growth across both…
Legendary Scottish businessman Ian Wood has died at his Aberdeen home at the age of 84. Wood was one of Scotland’s most influential industrialists, philanthropists…
North Sea oil and gas player Serica Energy said it has agreed to acquire Pharos Energy — which has has operations in Egypt and Vietnam…
The restoration of tariff-free trade on Scotch Whisky exports to the United States has been welcomed as an important milestone by the Scotch Whisky Association…
The UK’s takeover panel has given two rival potenial takeover bidders for Edinburgh-based oil and gas firm Capricorn Energy — Alamadiyaf al-Masiyyah and Samos Energy…
Standard Life said it has completed a £260 million bulk purchase annuity (BPA) transaction with residual risk cover with the ReAssure Staff Pension Scheme, securing…
Edinburgh-based oil and gas firm Capricorn Energy — formerly Bill Gammell’s Cairn Energy — said on Wednesday it has received a proposal from Samos Energy…
ScottishPower said it will invest £1.5 billion to upgrade old turbines at the Whitelee Windfarm near Eaglesham, East Renfrewshire, in a move that will almost…
Scottish-headquartered UK law firm Shepherd and Wedderburn has reported turnover of £83.1 million for the year ended April 30, 2026 – an increase of over…
Manchester-headquartered property investment and development company Hurstwood Holdings has expanded its growing Scottish portfolio with the acquisition of one of west Edinburgh’s most prominent office…
Edinburgh-based investment group Aberdeen has warned that international and strategic buyers will continue to snap up undervalued London-listed firms — and that “sooner or later”…
London Stock Exchange announced plans to launch London Stock Exchange 24 (LSE 24), a new 24/5 trading venue “to support the next generation of digital,…
The UK government’s benchmark borrowing costs rose and sterling slipped as investors worried whether Andy Burnham’s first remarks on becoming prime minister mean he would…
Regional airline Loganair and BETA Technologies announced at the Farnborough International Airshow the signing of a term sheet under which Loganair will purchase five all-electric…
A record 76 funders backed Scottish companies with risk capital for the first time in 2025, up from 73 in 2024, according to the latest Annual…
Edinburgh-based US healthcare software firm Craneware plc said on Monday it has identified and is responding to a cyber security incident involving unauthorised access to a…
Two giant offshore wind farms are set to be developed in the Moray Firth. The North and South Caledonia offshore windfarms, which will cover an…
The latest Royal Bank of Scotland Growth Tracker showed a third straight monthly decline in Scottish business activity during June. However, the data also highlighted…
Aberdeen City Council CEO Angela Scott has been appointed as the Principal and Vice-Chancellor of the financially troubled University of Dundee and will take up…
Diagnostic health testing company Regenerus Laboratories said it has secured £8 million to accelerate operational and market expansion, and strengthen its diagnostic platform. The funds…
Perth-based electricity infrastructure giant SSE plc announced the appointment of former National Grid CEO John Pettigrew as a new independent non-executive director. Pettigrew will join…
SSE plc, the Perth-based electricity infrastructure giant, reiterated the financial outlook provided in its full-year results and published a first-quarter trading statement for its Annual…
The Scottish Government said all flights between the Highlands and Islands and other Scottish airports will be exempt from Air Departure Tax (ADT) when the…
Shares of Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, fell as much as 7% after it published…
James Watt, co-founder and former CEO of Aberdeenshire craft beer firm BrewDog, said in a social media post on Wednesday his new beer company Second…
The Association of Investment Companies (AIC) has called on new UK prime minister Andy Burnham to “help save our stock market” as increasing numbers of…
Crown Estate Scotland said the latest projections for 16 ScotWind projects show an increase in supply chain commitments compared to the previous forecast for these projects….
The UK government’s Ministry of Defence said on Tuesday it will invest £26 billion over 10 years to modernise His Majesty’s Naval Base Clyde (HMNB…
A powerful cross-industry group led by North Sea energy producers have delivered a “strongly worded” letter to the incoming UK government — warning that policy…
The Quoted Companies Alliance (QCA) announced that James Ashton will step down as its chief executive after almost four years leading the organisation. The Quoted…
The Scottish National Investment Bank (SNIB) said it intends to “utilise its expertise as a fund manager” by designing a fund to support innovative businesses…
Scottish Government-owned Glasgow Prestwick Airport has reported an operating profit of £3.9 million for the year ended March 31, 2026, representing an 11% increase on…
Scottish Renewables announced the appointment of Drax executive Angela Hepworth as its new chief executive officer. Former Scottish Renewables CEO Claire Mack announced on social…
The Scottish National Investment Bank has published its 2026 Impact Report to show how its portfolio is performing against its “impact” objectives. As an “impact”…
The Scottish Government announced a new £2 million support scheme for Scotland’s independent pig producers to help with “the significant market challenges” facing the sector,…