The British Chambers of Commerce (BCC) has called for an independent taskforce to examine energy transition in the North Sea to “safeguard tens of thousands…

SSE said it has been informed that Cloiche Wind Farm has been successful in the UK’s sixth Contracts for Difference (CfD) Allocation Round and is…

Royal London Asset Management (RLAM) announced the appointment of two fund managers and three analysts to its equity team as it continues to build “high…

SSE plc, the Perth-based electricity infrastructure giant, announced that the Shetland Islands have been connected to the GB electricity grid for the first time. SSE…

SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, said it successfully launched its debut issuance in the Euro bond market with…

SSE Renewables announced that exploratory tunnelling at the site of what would be the UK’s first large-scale pumped storage scheme to be developed in 40…

Shares of Abrdn rose as much as 5% on Tuesday after it reported first-half results showing assets increasing slightly to £506 billion and total group net inflows…

Royal London said in its 2024 first-half results on Friday that its assets under management increased to £169 billion from £162 billion at the end…

Independent UK oil and gas producer Viaro Energy confirmed on Tuesday it would buy UK Southern North Sea natural gas assets owned by Shell and Exxon…

SSE, the Perth-based electricity infrastructure giant, has announced plans to progress a new pumped storage hydropower scheme at Loch Fearna in Scotland’s Great Glen in a…

Perth-based electricity infrastructure giant SSE said it has been granted planning permission for a solar farm located on lands near its existing 18 turbine Richfield…

A global tech outage crippled many industries from airports to finance and hospitals for hours on Friday before services started coming back online. The outage…

Perth-based electricity infrastructure giant SSE said renewable output in its first quarter was 60% higher than the same period last year “reflecting a return to…

TotalEnergies and Perth-based energy giant SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging…

Perth-based SSE and Norway’s Equinor have finalised commercial terms for a potential expansion of the Dogger Bank Wind Farm known as Dogger Bank D. Dogger…

Perth-based electricity infrastructure giant SSE and its partners have announced they are moving forward with development of 2GW offshore wind farm in the Dutch North…

SSE has announced Denmark’s Vestas as the turbine supplier for its 12 turbine, 50MW Aberarder Wind Farm in the Scottish Highlands. Vestas will supply and…

Scottish Rugby said a two-year timetable to “reset” its financial position has been agreed by the boards of both Scottish Rugby Limited and the Scottish Rugby…

Martin Gilbert’s asset manager AssetCo said it is in “advanced discussions” for two potential joint ventures and that it is proposing to change the firm’s name to…

SSE plc, the Perth-based electricity infrastructure giant, announced it is submitting an offshore planning consent application to Ireland’s planning authority An Bord Pleanála this week…

The £300 million transformation of Candleriggs Square in Glasgow’s Merchant City is continuing at pace following the completion of the second major building on the…

Chartered financial planning firm AAB Wealth announced the acquisition of Bishopbriggs-based Synergy Financial Planning. AAB Wealth said that following this latest acquisition, it will have assets under…

Highlands and Islands Airports Limited (HIAL) has announced a 3.5% year-on-year increase in passenger numbers for 2023-24 across its network of airports, bringing the total…

SSE Energy Solutions has announced its intention to establish a regional headquarters in Newcastle “as part of a Memorandum of Understanding (MoU) aimed at advancing…

SSE plc, the Perth-based electricity infrastructure giant, said it swung to a pretax profit of £2.495 billion in the year ended March 31, 2024, from a…

Chevron is planning to sell its remaining UK North Sea oil and gas assets in a move that would mark the US energy giant’s exit…

SSEN Transmission announced it has selected Sumitomo Electric Industries and its subsea cable installation partner Van Oord Offshore Wind UK as preferred bidder for the…

Royal London Asset Management announced the restructuring of its global equity team with immediate effect following the resignation of head of equities Peter Rutter and…

Financial mutual Scottish Friendly has reported record sales of £51.1 million annual premium equivalent (APE) for 2023, up from £47.7 million in 2022 . Assets…

Edinburgh-based investment giant Abrdn said its first-quarter assets under management and administration (AUMA) rose 3.7% to £507.7 billion at March 31, 2024. Abrdn said its performance benefited…

SSE plc, the Perth-based energy infrastructure giant, on Wednesday updated the market that it expects full-year 2023-24 adjusted earnings per share to be between 152p and…

SSE plc, the Perth-based energy infrastructure giant, announced the appointment of Finlay McCutcheon as the new managing director of its SSE Thermal business, starting in…

Scotch whisky and drinks giant Diageo plc announced that current non-executive director John Manzoni will be appointed chair of its board on or around February…

Martin Gilbert’s asset manager AssetCo cited an “exceptionally difficult” year for the fund management sector as its total loss for the 12 months ended September 30,…

SSE plc, the Perth-based energy infrastructure giant, has responded to the news that the UK government is proposing to build new gas plants to improve energy…

Edinburgh-based investment giant Abrdn plc announced its 2023 results on Tuesday, saying its work to achieve at least £150 million of annualised cost savings “is now…

Virgin Money said on Wednesday it will purchase Abrdn’s 50% stake in their joint venture Virgin Money Investments “following the successful launches of its new…

Scotland is experiencing a start-up boom, with over 40,000 new businesses setting up shop last year – an increase of 12% on the number of…

SSE plc, the Perth-based electricity infrastructure giant, said on Thursday that SSE Renewables’ output over the first three quarters of the year was around 15%…

Scotland’s First Minister Humza Yousaf is in London this week to take part in a number of events in partnership with the City of London…

Edinburgh investment giant Abrdn plc confirmed on Wednesday it will axe 500 jobs as part of a “new transformation programme targeting an annualised cost reduction…

More than 38,000 new businesses were set up in Scotland last year, according to new research from R3, the UK’s insolvency and restructuring trade body….

Perth-based electricity infrastructure giant SSE has welcomed the announcement by the UK Government that it is opening a consultation on how it intends to support…

SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, has successfully issued a £500 million 20-year green bond maturing on January 15,…

SSE plc, the Perth-based electricity infrastructure giant, announced that Catherine Raw, managing director of its SSE Thermal business, will leave on April 12, 2024, to…

SSEN Transmission announced it will recruit 400 new employees across the north of Scotland in the next 12 months amid a £20 billion investment programme. SSEN…

Edinburgh asset management giant Abrdn and China Construction Bank, the second largest bank in China, signed a memorandum of understanding during the China International Import…

SSE plc, the Perth-based electricity infrastructure giant, said its capital investment expectations have been upgraded by £2.5 billion to £20.5 billion for its five-year investment…

By Mark McSherry Edinburgh-based investment giant Baillie Gifford revealed on Monday that its assets under management and advice have fallen again — this time to…

Trade body Scottish Financial Enterprise (SFE) has launched “Scotland’s new vision for financial services: a sector growth strategy using our technology and ecosystem advantage.” The plan aims to unlock…

Edinburgh-based investment giant Abrdn plc announced that its US subsidiary, Abrdn Inc, has entered into an agreement with First Trust Advisors L.P. to acquire the assets…

Total assets under management (AUM) at the world’s 500 largest asset managers amounted to $113.7 trillion at the end of 2022, according to new research…

Edinburgh investment giant Abrdn announced it agreed to sell its £7.5 billion-asset European headquartered private equity business to Nasdaq-listed Patria Investments. Abrdn manages and administers…

SSE plc, the Perth-based electricity infrastructure giant, has reported that its renewables performance remains below expectations, with output around 19% behind plan for the six…

Martin Gilbert’s asset manager AssetCo has confirmed the completion of its acquisition of Ocean Dial Asset Management Limited from Avendus Capital Asset Management (UK) Limited. This…

Margaret Lawson, a co-founder of Edinburgh’s SVM Asset Management, is to retire. London’s mutual fund trade press reported that her husband Colin McLean, also a co-founder…

Martin Gilbert’s asset manager AssetCo has announced the disposal of its 70% equity interest in Rize, a thematic ETF specialist, to Cathie Wood’s ARK Invest…

Aberdeen-based Wood plc has been selected as a preferred bidder on Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. The…

SSE plc, the Perth-based electricity infrastructure giant, said it successfully issued a €750 million 8-year green bond maturing September 5, 2031, at a fixed coupon of…

SSE plc, the Perth-based electricity infrastructure giant which has raised £2.5 billion in green bonds since 2017 — published on Wednesday an “updated sustainability financing framework” that…

Martin Gilbert’s asset manager AssetCo announced that the UK’s Financial Conduct Authority has approved its “change in control application” which will enable AssetCo to proceed with…

Codebase, the operator of Scotland’s Techscaler startup support network, said it will acquire CodeClan’s training materials and other assets from the liquidator. CodeClan, Scotland’s national…

Abrdn, the Edinburgh investment giant, said on Tuesday its assets under management and administration slipped 1% to £496 billion in the first half of 2023 as…

Royal London said its assets under management increased to £153 billion in the six months to June 30, 2023, from £147 billion at the end…

Highlands and Islands Airports Limited (HIAL) has reported a 10.4% year-on-year increase in passenger numbers for the first quarter of the 2023-24 financial year. During…

SSE plc, the Perth-based electricity infrastructure giant, said it continues to expect to report full-year 2023-24 adjusted earnings per share of more than 150p “on the…

Global assets under management at asset and wealth managers fell to $115.1 trillion in 2022 – nearly 10% below the 2021 high of $127.5 trillion…

The UK’s Financial Conduct Authority said it has reviewed liquidity management in asset managers and found “that firms need to increase their focus on liquidity…

SSEN Transmission announced it has signed a joint venture agreement with the UK’s National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea…

Martin Gilbert’s AssetCo announced that Campbell Fleming has decided to step down as chief executive officer “after overseeing the formation of the company, completing a…