Scots unemployment falls to 3.7%, with UK at 5.1%
Scotland’s estimated unemployment rate was 3.7%, down 0.2 percentage points, over the September to November quarter — below the UK rate of 5.1%. That’s according…
Scotland’s estimated unemployment rate was 3.7%, down 0.2 percentage points, over the September to November quarter — below the UK rate of 5.1%. That’s according…
The Baillie Gifford-managed £830 million Edinburgh Worldwide Investment Trust plc (EWIT) said on Tuesday its other shareholders overwhelmingly rejected proposals by New York hedge fund…
Shares of Edinburgh-based Craneware plc, a provider of software for financial performance in the US healthcare market, fell as much as 7% after it published…
SSEN Transmission said it has awarded one of the world’s leading cable manufacturers — Denmark’s NKT — €2 billlion worth of major contracts to manufacture…
The University of Edinburgh has revealed annual commercialisation figures showing “strong investment” in spinouts, and a majority of new companies formed to harness data and…
New independent academic research has revealed that Scottish football contributes £820 million Gross Value Added (GVA) to the Scottish economy and supports 14,315 jobs. The…
Angel Capital Scotland (ACS) has appointed a new board of directors, with Niki McKenzie, joint managing director of Archangels, taking on the role of chair….
Scottish entrepreneur Peter Vardy, the businessman behind the Peter Vardy Motor Group, CarMoney and SilverBullet, has launched a new national “leadership summit” called “The Calling”…
Tea Scotland, which represents a group of tea growers in Scotland, has won the 2025 Pioneer Award from the internationally-recognised Leafies Tea Awards. The organisers…
North Lanarkshire Council faces a growing budget gap of nearly £137 million over the next five years, said a report from The Accounts Commission. “It…
Direct flights between Inverness and Dublin are set to return and with new airline partner Aer Lingus Regional, exclusively operated by Emerald Airlines. A new…
A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks and Funkin cocktail mixers, said that Mark Allen is standing down from his…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, announced the signing of the shareholders’ agreement to establish a joint venture in the Kingdom…
British Land said its Scottish retail parks delivered a strong trading performance in 2025. The firm’s assets across Glasgow, Edinburgh, Falkirk, Inverness and Kilmarnock attracted…
The Pentland Floating Offshore Wind Farm has secured a Contract for Difference (CfD) in the UK Government’s seventh CfD Allocation Round (AR7). The Pentland project,…
SSE plc, the Perth-based electricity infrastructure giant, said it has successfully secured a 20-year contract for 1.4GW of low carbon offshore wind power from Phase…
FinTech Scotland has reported that the Scotland’s fintech cluster has more than doubled in size in the past five years – from just over 120…
Edinburgh-based investment giant Aberdeen Group plc said on Wednesday the process to select a successor to Douglas Flint as its chair “remains ongoing” as Hong…
Deputy First Minister Kate Forbes announced the appointment of Jacqui Gale, Luke Logan, Cameron Murray, Stuart Patrick and Greig Rooney as members of the board…
Finance Secretary Shona Robison said changes to the basic and intermediate rate income tax thresholds “will protect lower-income households in 2026-27” as she unveiled the…
The Scotch Whisky Association (SWA) announced the appointment of Rita Greenwood, Chief Investment Officer at William Grant & Sons, as the new chair of the…
Rangers Football Club announced that social care charity boss Jim Gillespie will become the club’s new chief executive officer “later in the season.” Acting CEO…
The Baillie Gifford-managed £830 million Edinburgh Worldwide Investment Trust plc (EWIT) said its net asset value (NAV) per share increased by 29.7% and the share…
NatWest Group, the bank formerly known as RBS, announced that non-executive director Yasmin Jetha will retire from its board on March 31, 2026. NatWest-RBS also…
Abrdn European Logistics Income plc, which is in the process of winding down its portfolio of European logistics real estate, announced that it has completed…
The Scottish Government said businesses in Scotland will benefit from strengthened links with the Greater Paris Region following a new partnership agreement between the Scottish…
The chair of the Baillie Gifford-managed £830 million Edinburgh Worldwide Investment Trust plc (EWIT) said New York activist hedge fund Saba Capital Management is “on…
London-based investment manager Triple Point said it has agreed to arrange debt funding for the construction of a 57MW onshore wind project in the Scottish…
Edinburgh-based asset management giant Aberdeen said the boards of investment trusts Aberdeen Equity Income Trust plc (AEI) and Shires Income plc (SHRS) have agreed heads…
Robertson Facilities Management announced it has secured a two-year contract to deliver grounds maintenance and winter gritting services for ScotRail following a competitive tender process….
Nationwide Building Society has announced that Mike Rogers will succeed Kevin Parry as chair of Nationwide, Virgin Money and Clydesdale Bank. Mutually-owned Nationwide completed its…
The latest Fund Flow Index from Calastone, the largest global funds network, revealed that 2025 saw the largest ever outflows from UK-domiciled equity funds after…
Edinburgh Innovations, the University of Edinburgh’s commercialisation service, announced the appointment of two new non-executive directors to its board — Gary McRae and John Cassidy….
Ambitious plans to create a £1 billion carbon removal company in the South of Scotland have been backed by the region’s economic and community development…
The Scottish National Investment Bank — Scotland’s development bank — said on Wednesday it has appointed David Ritchie as its new CEO. Ritchie is currently…
NatWest-RBS has appointed Judith Cruickshank as Chief Operating Officer, Retail Banking for the NatWest Group. “It has been an absolute privilege to lead the commercial…
Celtic plc confirmed late on Monday that Martin O’Neill will re-join the football club as manager until the end of this season. O’Neill will be…
Celtic plc said on Monday it has “decided to terminate the contract” of manager Wilfried Nancy, with immediate effect, after only 33 days in the…
Shares of Edinburgh-based oil and gas firm Capricorn Energy rose as much as 10% on Monday after it published an operational and financial update showing…
Average house prices in Edinburgh have risen to almost £355,000 as lack of supply continues to juice the capital city’s market, according to independent solicitors…
John Wood Group, the troubled Aberdeen-based engineering and consulting giant, said on Friday it completed the sale of its 50% interest in RWG (Repair &…
Fund research firm Kepler Trust Intelligence said on Tuesday that shareholders of Baillie Gifford’s £864 million Edinburgh Worldwide Investment Trust plc (EWIT) should vote against…
Baillie Gifford’s £850 million Edinburgh Worldwide Investment Trust plc (EWIT) has challenged New York hedge fund Saba Capital Management to provide “full transparency and clarity”…
Highlands and Islands Airports Limited (HIAL) has appointed Christopher Holliday as chair and Gillian Woolman as a non-executive director. Holliday will take over from Lorna Jack, who steps…
Edinburgh-based angel investment syndicate Archangels said it leveraged £41.1 million of investment in Scottish scale-ups during 2025 as it made big bets on some of…
Texas-based CB&I said it agreed to acquire Petrofac’s asset solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore energy assets….
Matrix Renewables said it has signed a full EPC — engineering, procurement and construction — agreement with Tesla for the design, construction and commissioning of…
Sofant Technologies, the Edinburgh-based radio technology company, announced that it successfully secured £1.1 million in the final close of a £6.25 million round. Supported by…
Baillie Gifford’s £850 million Edinburgh Worldwide Investment Trust plc (EWIT) has warned shareholders they need to vote as soon as possible against New York hedge…
The Scottish National Investment Bank has invested £20 million in Renewco Power, a Glasgow-headquartered renewable energy developer, via a fund managed by Corran Capital, a…
UK government borrowing in the first eight months of its current financial year to November 2025 was £132.3 billion — £10 billion or 8.2% more than…
The UK’s National Wealth Fund has announced an £800 million financial guarantee to support SSEN Transmission’s delivery of four major grid upgrade projects underway in…
Edinburgh-based upmarket home builder Cala Group announced the appointment of Tom Nicholson, a longtime industry executive in the housebuilding sector, as its chief executive officer,…
The UK central bank cut interest rates on Thursday after a narrow 5-4 vote — but the Bank of England signalled that the gradual pace…
NatWest — the bank formerly known as RBS — has announced the expansion of its ringfenced social rent loan fund from £500 million to £1…
The Scottish commercial property investment market ended 2025 on a firmer footing, according to the Quarter 4 review from Lismore Real Estate Advisors. Several larger…
Celtic Football Club announced on Wednesday that non-executive chairman Peter Lawwell “has decided to step down from the board of Celtic plc with effect from…
Baillie Gifford’s £850 million Edinburgh Worldwide Investment Trust plc (EWIT) has urged shareholders to vote against New York hedge fund Saba Capital Management’s bid to…
SSEN Transmission has agreed its biggest housing deal so far, with Elgin-based housebuilder Springfield Group, in a significant step forward for its commitment to contribute…
The board of Abrdn European Logistics Income plc (ASLI) has rejected at attempt by 18% shareholder DL Invest Group to end the fund’s current wind-down…
Ineos announced it is investing £150 million at its Grangemouth site — supported by a £75 million UK government loan guarantee and £50 million grant….
Four big funds run by Edinburgh investment giant Baillie Gifford have announced a major “upwards adjustment in the valuation” of their holdings in Elon Musk’s…
FinTech Scotland announced it will aim to help address the growing link between people’s financial situation and their health in later life with the launch…
A new initiative to spark a “national conversation” about entrepreneurship and innovation in Scotland has been launched by the University of Strathclyde. The Scottish Entrepreneurship and…
Scotland has strengthened its international space industry links with the signing of a new agreement with the United Arab Emirates. The Letter of Intent between…
A total of 36 skilled jobs, potentially rising to 100, will be created with the arrival of a new medicinal cannabis facility in the Scottish…
Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for international financial markets, said it has signed a multi-year exchange cloud contract…
Glasgow Credit Union said on Friday has paid a £4.74 million return to its members following approval of a 3% annual Dividend at its AGM,…
Aberdeen Group plc said its Aberdeen Investments business has reached agreement with MFS to acquire the management of closed end fund (CEF) assets totalling £1.5 billion, further…
Aberdeen-headquartered FirstGroup plc said on Thursday it has acquired the UK sightseeing bus operations of RATP Développement SA for £17 million, to grow and diversify…