London’s FTSE 100 share index ended the week at a record high. The index closed at 8,505.22 points, surpassing its previous closing record of 8,445.80…

Royal London announced the appointment of Isabel Hudson as a non-executive director and as chair of The Royal London Mutual Insurance Society Limited with effect…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it has formed a new joint venture with Olayan Saudi Holding Company to provide…

The Association of Investment Companies (AIC) has written to the Financial Conduct Authority (FCA) to raise concerns about protection of retail shareholders’ interests follows the attack…

The Scottish National Investment Bank has announced a new £20 million investment in subsea cable manufacturer XLCC. The investment will support the company’s development of…

Aberdeen and Grampian Chamber of Commerce (AGCC) has told Scottish ministers that a presumption against new oil and gas developments in the North Sea “must…

Scotland’s private sector ended 2024 with a renewed decrease in output, according to the Scotland Growth Tracker index from Royal Bank of Scotland. The index…

Analysts at Investec have described the attack by US activist hedge fund Saba Capital Management on seven UK investment trust companies as “an egregious and…

Ineos chairman Jim Ratcliffe has claimed the UK is witnessing the “extinction” of one of its major industries as chemical manufacturing has “the life squeezed…

Edinburgh-based Craneware plc, a provider of software for the US healthcare market, published a positive update on trading for the six months ended December 31, 2024,…

Macfarlane Group, the Glasgow-based protective packaging, design and distribution firm, announced the acquisition of The Pitreavie Group Limited for a maximum cash consideration of £18…

Edinburgh-based Quorum Cyber has announced the acquisition of San Francisco-based Kivu Consulting Inc, a global cybersecurity firm specialising in Incident Response. The strategic move bolsters Quorum…

Scottish textile firm Wilkie is to relocate from Kirriemuir to become the majority shareholder of the Michelin Scotland Innovation Parc (MSIP) in Dundee. Wilkie will partner…

The FinTech Scotland Cluster recorded 8% year-on-year employment growth in 2024 — bringing the total number of people working in fintech to over 11,300. The…

The Scotch Whisky Association (SWA) said the UK Treasury has lost out on half a million pounds a day in tax revenue since excise duty on Scotch Whisky…

Scotcoin — the “ethical crypto” — announced it will list on a “major” cryptocurrency exchange in February 2025 which will see the project valued at…

Scotland will be home to the three largest battery energy storage systems in Europe after investment fund Copenhagen Infrastructure Partners (CIP), the largest supplier of…

The Association of Investment Companies (AIC) has written to the major retail investment platforms urging them to make their customers aware of the general meetings…

Glasgow-based Startline Motor Finance said it has secured a five-year £475 million credit facility from investment bank J.P. Morgan. “This is the sixth renewal and upsize…

Waterford, Ireland-based Suir Engineering Ltd., one of Europe’s fastest-growing engineering services providers, has announced the acquisition of Paisley-based Taylor & Fraser, a leading mechanical &…

The Scottish National Investment Bank (SNIB) announced that the UK’s Financial Conduct Authority (FCA) has approved an application for authorisation by the bank’s wholly owned…

Two more investment trusts run by Baillie Gifford have urged shareholders to reject all proposals by New York hedge fund Saba Capital Management to remove the funds’…

Emirates said its first Airbus A350 has entered commercial service, operating its inaugural flight from Dubai to Edinburgh. The Emirates A350’s arrival in Edinburgh follows…

Edinburgh-based oil and gas firm Capricorn Energy said on Friday it has not received “the final settlement payment of $22.5m from Waldorf Production UK PLC…

An in-depth analysis of national financial accounts by Edinburgh investment giant Abrdn shows that UK adults “hold the smallest percentage of their wealth in investments of…

By Mark McSherry Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust said a requisition notice from New York hedge fund Saba Capital Management for a general…

Aberdeen-based engineering and consulting giant John Wood Group said it has completed the sale of its stake in Ethos Energy Group Limited, a joint venture…

Footfall rose 9.3% in December from November in Scotland’s retail destinations led by an 18.8% increase in shopping centre footfall, followed by an 8.4% rise…

Scottish women-led angel investment group Mint Ventures has added to its portfolio by investing in legal case management platform Transparently, which is led by family…

A new report from Macgregor Property has revealed a “bright year ahead” for “prime”residential property in Edinburgh. The average sale price for prime Edinburgh property…

Troubled Glasgow fashion firm Quiz plc said it anticipates that “additional funding will be required by the Group” in early 2025. Quiz announced on December 20…

Edinburgh Airport said on Friday it has welcomed a record 15 million passengers in 2024, a milestone achieved for the first time ever at a…

By Mark McSherry S&P Global Ratings has reaffirmed its credit rating of Perth-based electricity infrastructure group SSE plc at BBB+ but has lowered its outlook…

Aldi is to continue its expansion in Scotland, confirming plans to invest more than £40 million over the next two years, opening three new stores…

Bank of Scotland has revealed Scotland’s most expensive street — Queens Crescent in Auchterarder. The street, part of Gleneagles Village, has an average house price…

By Mark McSherry New York hedge fund Saba Capital Management said it has requisitioned the boards of seven UK investment trusts “to convene general meetings of…

Jim McDonald has been appointed as the new chair of Scottish Enterprise. McDonald announced in October he will retire as Principal and Vice-Chancellor of the…

Abrdn has announced that Alain Courbebaisse will be taking on a new role of Chief Technology Officer (CTO), Abrdn Investments, at the start of the…

Aberdeen-based consulting and engineering giant Wood plc announced it has been awarded a “significant contract” by OMV Petrom for a major project to boost the production of…

John Paul Marks, the most senior civil servant at the Scottish Government, is to leave and become the new permanent secretary and chief executive at the…

A proposed development that would provide 3,000 new homes on the site of Edinburgh Airport’s disused runway has received outline planning permission from the City…

David Montgomery’s National World plc, owner of The Scotsman, Yorkshire Post and numerous other regional news titles and platforms in the UK and Ireland, has…

Aberdeen-based John Wood Group plc said it has secured a record $920 million of contract wins across the Middle East in 2024. Wood said the contract…

Puma Property Finance announced it is facilitating a £52 million loan for a Vita Group 267-bed purpose built student accommodation (PBSA) scheme in Calton Road…

Shares of Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN) & J.G. Thomson, rose as much…

Glasgow City Council has appointed Robert Emmott as its new Executive Director of Financial Services. Emmott, who currently holds a similar role at Dundee City…

Brexit has reduced goods exports from the UK by £27 billion, with smaller firms most affected, according to new research from the Centre for Economic…

Creative Scotland has confirmed that its draft Grant-in-Aid budget from the Scottish Government for 2025-26 is £89 million, up from £66.5 million in the previous…

The Scottish Government said there was a 12% decrease in all sector housebuilding starts and a 10% decrease in completions between the year ending September…

The Scottish Government said the latest council tax data — for September 2024 — shows there were 21,606 second homes in Scotland and 43,538 properties…

The Scottish Government said it will stop the use of mobile messaging apps, including WhatsApp, on official devices following the publication of an externally-led review….

SP Energy Networks, a division of Iberdrola’s ScottishPower, said it has set out a £10.6 billion plan to “help rewire Britain” and deliver the critical…

Liverpool-based FTSE 100 firm B&M European Value Retail anounced that Euan Sutherland is to be appointed, subject to shareholder approval, a non-executive director of B&M with…

Edinburgh-based oil and gas firm Capricorn Energy said it has been notified by Woodside Energy that all terms and conditions have been satisfied under the sale and…

Bristol-based Antifriction Components — a UK distributor of bearings and power transmission products — has acquired Scottish independent distributor Scots Bearings Ltd in a seven-figure…

Walkers Shortbread legend Sir James Nicol Walker has died at the age of 80 in Aberdeen Royal Infirmary. In his role as Joint Managing Director…

Abrdn plc announced that Pam Kaur will not seek re-election at the company’s Annual General Meeting on May 8, 2025, and will stand down from…

The Scottish Government has published its Draft Implementation Plan outlining how it will support the delivery of 24,000 additional public electric vehicle (EV) charge points by…

Gloucester-based investment firm Blackfinch Group said it has acquired a 174-hectare commercial forest at Dalmally in Argyll and Bute. Blackfinch said the purchase was made…

Glasgow Credit Union has announced a record £4.6 million return to its members following the approval of a 3% annual dividend at its Annual General…

Gene control company Concinnity Genetics, recently spun out of the University of Edinburgh, has raised £3 million in an oversubscribed seed funding round that included…

Focus Business Solutions, the advice tech business trading as Focus Advice Technology, has announced the successful completion of its management buyout (MBO) from Abrdn. The…

Plans to construct a circular “GigaFarm” in Cobleskill, New York State, have been announced by Empire State Greenhouses (ESG) in partnership with Edinburgh-based vertical farming…

Aberdeen-based John Wood Group plc said it has secured a contract worth around $17 million from a leading petrochemical company in the Middle East to…

NatWest Group plc — the bank formerly known as RBS — said former Scottish Enterprise CEO Lena Wilson will assume the role of its Senior Independent…

Glasgow media firm STV Group plc has announced board changes. “Following the announcement on 30 August 2024 regarding Simon Miller’s intention to step down from…

Forth Ports, the UK’s third largest port operator, announced a £50 million private investment in infrastructure at the Port of Leith — having secured its…

New data from the Association of Investment Companies (AIC) shows that 2024 has been a record year for share buybacks by investment trusts, with £6.95 billion…

Edinburgh-based global asset manager Abrdn announced that from February 20, 2025, Abrdn UK Sustainable and Responsible Investment Equity Fund and Abrdn Global Sustainable and Responsible…

C&C Group, the Irish drinks firm whose brands include Tennent’s and Bulmers, has announced the appointment of former A.G. Barr CEO Roger White as its chief executive…