Beeks wins Australian Securities Exchange contract
Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, announced that it has signed a “significant multi-year Exchange Cloud contract”…
Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, announced that it has signed a “significant multi-year Exchange Cloud contract”…
Loch Lomond Group whisky giant announced its acquisition of The New York Distilling Company (NYDC), based in Brooklyn, New York. NYDC produces a range of American…
ZeroAvia has announced that it will build a manufacturing facility for zero-emission aircraft technology at the Advanced Manufacturing Innovation District Scotland, close to Glasgow Airport…
Salmon Scotland, the trade body which represents the UK’s biggest food export, welcomed the UK–EU trade deal, which it said would “reduce costly delays and…
Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN) & J.G. Thomson, said in an AGM statement it has achieved double-digit…
The UK’s Office for National Statistics (ONS) said that UK inflation rose more than expected to a 15-month high of 3.5% in April as higher utility…
SSE plc, the Perth-based electricity infrastructure giant, said it has trimmed its five-year investment expectations by £3 billion to around £17.5 billion “reflecting financial discipline…
Glasgow-based media firm STV Group plc announced it is extending into audio with the launch of a new Scotland-focused commercial radio station. The radio studio…
The Association of Investment Companies (AIC) has analysed the holdings of all 22 investment trusts in its UK Smaller Companies sector to reveal which companies are…
Centrica plc announced that subsidiaries of its Spirit Energy Limited business agreed to sell a 46.25% interest in the Cygnus gas field in the North…
Linlithgow-based Calnex Solutions plc, a provider of test and measurement solutions for telecoms and cloud markets, said its revenue for the year ended March 31, 2025,…
The UK government said it has reached a “new agreement” with the European Union — a deal that covers fishing, defence, trade and energy. A…
Johnnie Walker and Guinness giant Diageo said on Monday it plans to cut costs by $500 million and make “appropriate and selective disposals” as the group prepares…
London property firm Praxis said it has completed the acquisition of the St Enoch Shopping Centre in Glasgow city centre. The 12-acre site occupies a…
Bain Capital Private Equity (Europe) LLP confirmed on Friday that Bain Capital Funds are assessing “a possible offer to acquire” Edinburgh-based Craneware, a provider of…
Martin Gilbert’s investment firm River Global plc announced that Alex Hoctor-Duncan, CEO of River Global’s asset management business, is leaving the business. Matt Hudson, Head…
Port of Aberdeen has announced a “strong financial performance” for 2024, reinforcing its role as a catalyst for sustainable economic growth “and a key driver…
Aberdeen Investments, on behalf of the Standard Life Pooled Pension Property Fund, has acquired Sears Retail Park, Solihull, for £69.6m. The Standard Life Pooled Pension…
Overseas corporates are swooping to pick up bargain UK smaller companies, analysis by Edinburgh investment giant Aberdeen shows. UK companies worth a combined £15 billion…
Macquarie Specialised and Asset Finance has signed an agreement with ScottishPower parent Iberdrola for the purchase of its UK smart meters business, ScottishPower Smart Meters…
The state-owned Scottish National Investment Bank will not be able to end its reliance on public funding unless ministers can make a case for UK…
General counsel, executive director and dual-qualified solicitor Ben Kemp has been appointed the new chief executive officer of the Law Society of Scotland. Kemp will…
Bryan Batista has been appointed chief executive officer of Edinburgh-founded travel search company Skyscanner as of June 1, succeeding the departing CEO John Mangelaars. Skyscanner was acquired…
A new report from Prosper — formerly called Scottish Council for Development and Industry — warns that Scotland’s growth is being held back by a…
By Mark McSherry Financial industry leaders on Tuesday set out ambitious plans to unlock growth in Scotland’s investment management sector with a plan to double assets…
Scottish accountants are “unconcerned” about the potential for AI to impact their roles, and are instead “embracing AI technology at a greater level than their…
The UK Treasury said on Tuesday that “up to £50 billion of investment” for UK businesses and major infrastructure projects is set to be unlocked…
Edinburgh Innovations, the University of Edinburgh’s commercialisation service, announced the appointment of Lizzie Withington in the newly created role of Director of Venture Creation. Edinburgh…
Macfarlane Group, the Glasgow-based protective packaging, design and distribution firm, said in an AGM trading update on Tuesday that it will commence a share buyback programme…
OakNorth, the digital bank for entrepreneurs, said it has provided a £10.3 million facility to Tarka Edinburgh to fund the acquisition and development of a…
New research commissioned by Highlands and Islands Enterprise (HIE) shows that planned development projects in the area represent a potential investment value of up to…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, and CiDRA Minerals Processing Inc. announced they have signed a global collaboration agreement alongside…
Tom Farmer, the Edinburgh businessman who founded the Kwik Fit garage chain, has died at the age of 84. Farmer built Kwik Fit into the world’s…
Banco Santander has rejected an offer of around £11 billion from NatWest for its UK retail bank, saying the bid undervalued the business, according to a Financial…
Standard Life, part of Phoenix Group, said it succesfully concluded a £280 million Bulk Purchase Annuity transaction with the Cancer Research UK Pension Scheme, which…
The Scottish Government announced it will “implement a direct award” of the next Clyde and Hebrides Ferry Services contract to state-owned CalMac Ferries Limited in…
The UK central bank on Thursday cut interest rates by a quarter point to 4.25% as Donald Trump’s trade war dampens outlook for growth. Analysts…
TSB, the UK banking business of Spain’s Sabadell, has reported a statutory profit before tax of £101.3 million for the first quarter of 2025 —…
The UK’s National Wealth Fund (NWF) has announced a £600 million commitment to Iberdrola to upgrade the British power grid through its subsidiary Scottish Power…
Air passenger figures for Highland and Islands Airports Ltd (HIAL) remained steady in the year to March 31, 2025, according to the latest statistics. The…
Whitbread, owner of the Premier Inn hotel chain, has submitted plans to transform Capital House, next door to The Filmhouse in Edinburgh City Centre, into…
Troubled Aberdeen-based engineering and consulting giant John Wood Group said on Wednesday it secured three “reimbursable contract extensions” in the North Sea worth $118 million to…
Peak rail fares across Scotland will be scrapped from September, First Minister John Swinney has announced. In his Programme for Government speech, Swinney said: “Last…
Heart of Midlothian has confirmed that Brighton & Hove Albion owner Tony Bloom has made a proposal to invest capital of £9.86 million into the Edinburgh…
The Scotch Whisky industry has welcomed a “transformational” trade deal between the UK and India that will see Indian tariffs on whisky and gin halved…
Dundee-based publisher DC Thomson has announced the appointment of Ella Dolphin to the newly created role of Deputy CEO. “Ella joined DC Thomson in 2016…
By Mark McSherry Baillie Gifford’s £2.6 billion Monks Investment Trust plc said it is adjusting its portfolio “to ensure the Trust remains well-positioned for growth despite US…
A Kelso-based manufacturer of insect repellents is set to expand into new markets following a change in ownership facilitated by HSBC UK funding. HSBC UK…
Shares of NatWest — the banking group formerly known as RBS — briefly touched their highest level in 14 years on Friday after the group…
Glasgow-based secure cloud services firm Iomart Group plc said on Friday it will unite its cloud services activities under a single brand — Atech. Last October, Iomart…
Dundee-based Ace Aquatec, the welfare-first aquaculture technology company, has announced the successful closing of its latest investment round. The funding will directly support the creation…
Edinburgh has the most productive retail floorspace of any major UK city outside of London, with Glasgow close behind, according to new analysis from Knight…
STV Studios announced the appointment of Colin Waters as its Chief Financial Officer & Strategy Director. “Colin will join the production group in June and…
Scottish Friendly, the Glasgow-based mutual, has announced 2024 sales of £50.6 million, the second-highest sales in its 163-year history. Total assets under management stood at £4.2…
Scotland’s onshore GDP contracted by 0.2% in February 2025, according to statistics announced by the Chief Statistician. This followed growth of 0.4% – revised from…
A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks, Funkin cocktail mixers and MOMA foods, said it has entered into “exclusive discussions with…
Troubled Aberdeen-based engineering and consulting giant John Wood Group said on Wednesday its shares will be temporarily suspended from listing and from trading on the main…
Forth Ports Limited announced that its chair Robert Smith is retiring from his role at the company and is being succeeded by former Wood plc…
Edinburgh-based investment giant Aberdeen said its assets under management and administration (AUMA) fell to £500.1 billion in the first quarter from £511.4 billion at the…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it has completed the acquisition of Mining Software Holdings Pty Ltd (Micromine), a company…
Troubled Aberdeen-based engineering and consulting giant John Wood Group said Vioneo has awarded it a multi-million dollar FEED contract to deliver the front-end engineering design for its…
Schroders Capital, the $100 billion private markets business of London asset management giant Schroders, said it has completed the acquisition of the 244-bed W Edinburgh hotel…
Scottish Widows is preparing to launch an open-architecture Long Term Asset Fund (LTAF) later this year, pending regulatory approval, with Aberdeen Investments appointed as an initial…
Aberdeen-based NCIMB, a microbiology services provider and owner of the UK’s largest industrial, food and marine bacterial culture collection, has secured £1.7 million investment from…
The latest Noble & Co Whisky Intelligence Report reported that the secondary market for single malt Scotch whisky faced a sharp correction during the October 2024…
New forecasts from Cornwall Insight reveal that households in North Scotland, and North Wales and Mersey, are set to pay around £100 more annually for…
Karen Scholes has been appointed as the new president of ICAS for 2025-26, becoming the sixth woman to hold the role in ICAS’ 171-year history….
Scotland’s only direct air service to China will now operate year-round with Hainan Airlines extending its presence at Edinburgh Airport, which is part of the…
Scottish Borders Council said that a business case for the potential extension of the Borders Railway beyond Tweedbank to Hawick and Carlisle “will be progressed”…
Passengers will now be able to fly direct from Edinburgh to Washington D.C. almost all year-round as United Airlines extends its summer service into the…