Edinburgh-based Martin Currie, the specialist investment manager of Franklin Templeton, has announced the launch of its first social impact fund. A sub-fund of the Franklin Templeton…

A prominent recruitment firm for Scotland’s big financial industry has warned that the sector must embrace the wave of transformation resulting from artificial intelligence (AI)…

Economic Development Association Scotland (EDAS) has appointed Neil McInroy as chair, succeeding Liz McEntee in post. McInroy lives in Oban and has an office base…

Private real estate investment fund manager Henderson Park has acquired the Waldorf Astoria Caledonian Hotel Edinburgh for a reported £85 million. The five-star hotel in…

John Wood Group, the Aberdeen-based global engineering firm, announced it has been awarded a contract extension worth $250 million by Brunei Shell Petroleum (BSP), Brunei’s largest…

Only four in 10 of people in Scotland believe they have the skills, knowledge and experience to start their own businesses, according to a new…

Scottish Water invested a record £886 million in the last year, according to its latest annual report. But the the publicly-owned utility said the changing…

Scotland’s first two Investment Zones — Glasgow City Region and the North East — have been announced by the Scottish Government. Glasgow City Region and…

The Scottish economy so far in 2023 has performed better than was expected only a few months ago, according to the Fraser of Allander Institute’s…

Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — announced it exceeding £1 billion in core revenue…

A powerful group of UK pension schemes has argued that plans to relax the UK’s company listings rules to attract more IPOs to the London…

The Edinburgh Festivals throughout the year contribute £492 million to Edinburgh and £620 million to Scotland in “gross impact” according to the latest study by BOP…

More than 3,200 new Scottish businesses were set up last month, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s…

About 35% of the UK population could face poverty in retirement, according to Scottish Widows’ 19th annual Retirement Report. Widows said the report’s new National…

BrewDog co-founder and CEO James Watt said on Wednesday that Brexit has been “tragic” for UK business. “It has massively handicapped UK businesses that do business…

Thurso-based AMTE Power, the developer of next generation battery cells, said on Wednesday it is ‘now considering all credible options, including a sale of the…

Scottish Athletics has announce an extension to its agreement with Spanish firm Joma Sport as its kit suppliers. The new contract with Joma will run for the…

A 10-year plan to help create entrepreneurial campuses at 45 universities and colleges across Scotland has been launched by First Minister Humza Yousaf during his…

Aberdeen-based global engineering firm John Wood Group announced it has won a significant US life sciences project with GSK. “Wood has won an award valued…

Scotland’s GDP in 2022 including oil and gas extraction in Scottish waters is estimated to have been £210.7 billion in total or £38,509 per person,…

The development of the giant Rosebank and Cambo oil fields west of the Shetland Islands would save 17 million tonnes of CO2 emissions over their projected…

Quality Meat Scotland (QMS) said that turnover from primary red meat processing in Scotland is estimated to have risen for a third consecutive year in 2022,…

Euan McVicar has been appointed the new chair of Crown Estate Scotland, the public corporation tasked with managing seabed, coastline, commercial property and rural estates…

Edinburgh-based oil and gas firm Capricorn Energy said on Monday that $104 million of its $145 million “trade receivables” in Egypt is “overdue.” Capricorn, formerly…

The Caledonian Sleeper overnight train between Scotland and London has been moved into Scottish Government ownership. Sleeper services will be provided within Scottish Government ownership…

The Scottish Government’s Constitution Secretary Angus Robertson said Brexit has limited Scotland’s economic growth, restricted trade, increased food costs and diminished opportunities for young people….

The UK central bank, the Bank of England (BoE), raised interest rates by a bigger-than-expected half a percentage point on Thursday. The central bank said there…

The Scottish Tourism Alliance has published the results of its latest quarterly industry survey — showing that almost half of tourism and hospitality businesses “do…

By Mark McSherry An independent financial study into the University of Edinburgh’s economic and social impact has found that the institution generates £7.52 billion per year to…

By Mark McSherry Baillie Gifford’s flagship investment trust, the £13 billion Scottish Mortgage fund, has explained to its shareholders the extent of its investments in…

The UK’s public sector net debt surpassed 100% of gross domestic product in May — for the first time since 1961 — as May borrowing…

By Mark McSherry Edinburgh-based investment giant Abrdn plc announced that its US subsidiary Abrdn Inc agreed to acquire the healthcare fund management capabilities of Boston-based…

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…

Decades of underinvestment in businesses has left the UK in a “growth doom loop” according to new analysis by progressive think tank the Institute for Public…

Edinburgh-based Abrdn plc said subsidiary Abrdn Investment Management Limited (AIML) sold 21.8 million shares in HDFC Asset Management Company Limited (HDFC AMC) on the National Stock Exchange…

By Mark McSherry Baillie Gifford’s £2.6 billion Monks Investment Trust plc said its net asset value (NAV) total return was -1.6% and share price total return…

The board of the £360 million investment trust Abrdn Diversified Income and Growth plc (ADIG) — formerly known as British Assets — announced that it…

By Mark McSherry The UK’s central bank, the Bank of England, said it has launched its first system-wide liquidity “stress test” to establish how big…

Standard Life, part of Phoenix Group, said it has concluded a £80 million Bulk Purchase Annuity (BPA) transaction with the MGM Assurance Staff Pension Plan….

Glasgow-based Beeks Financial Cloud Group plc and partner IPC announced the signing of a contract with the Johannesburg Stock Exchange (JSE). Beeks is a cloud computing and…

Celtic plc announce that Brendan Rodgers has been appointed the club’s new football manager on a three-year contract. “Brendan previously managed the club to phenomenal…

By Mark McSherry Scotland remains the most attractive location in the UK outside of London for Foreign Direct Investment (FDI), according to EY’s latest Scotland…

Ireland-based ABP Food Group has announced the acquisition of the Bridge of Allan abattoir and Queenslie meat packing plant in Scotland from Scotbeef. The two…

The £300 million Baillie Gifford UK Growth Trust has reported a “poor year of relative performance” for the year to April 30, 2023, in which net…

The value of Scottish international goods exports rose 21.6% to £37.2 billion in the year ending March 2023, according to latest figures from HMRC. The…

Shares of Thurso-based AMTE Power, a developer of next generation battery cells, fell about 70% on Thursday after it published a stock exchange statement saying its needs…

Smaller firms in Scotland saw record levels of equity investment in 2022 despite difficult economic conditions, according to new research from the British Business Bank….

Scottish Canals “urgently” needs to improve its financial reporting, according to Audit Scotland. The 2021-22 audit of Scottish Canals was carried out by Grant Thornton…

AssetCo chairman Martin Gilbert admitted on Wednesday that “the business remains materially behind plan” amid “gloom” in the fund industry and that “we remain behind where…

Scotland’s estimated unemployment rate for the February to April 2023 period was 3.1%, down 0.6 percentage points since the pre-pandemic December 2019 to February 2020…

The proportion of 2021-22 school leavers in Scotland in a “positive destination” nine months after the end of the school year was at its highest…

Glasgow-based cloud computing firm Iomart Group said its revenue increased 12% to a record £115.6 million in the year to March 31, 2023, “reflecting a…

Scottish private sector firms registered an expansion in new business for the fourth consecutive month in May, according to the latest Royal Bank of Scotland Purchasing…

Former First Minister of Scotland Nicola Sturgeon was arrested on Sunday morning in connection with the ongoing investigation into the funding and finances of the…

The UK Government’s windfall tax on North Sea oil and gas producers will not be applied if energy prices drop below certain levels for six…

Dundee-based Ace Aquatec, the aquaculture technology company, has secured an investment from cleantech investor Earth Capital Limited (ECL) to grow its current portfolio of products…

Glasgow-based global engineering and mining giant Weir Group announced that it has priced the offering of £300 million aggregate principal amount of 6.875% sustainability-linked notes due…

By Mark McSherry Edinburgh-based investment giant Abrdn announced that Archax, the FCA regulated digital asset exchange, has created a tokenised representation of its interests in…

The latest statistics from Scottish Development International (SDI) show that more than 8,500 jobs were created through inward investment in the 2022-2023 financial year. This…

The SNP has started a search for a new chief executive and is offering a salary of £95,000 per year. The “person specification” section of the…

Shares of Aberdeen-headquartered transport firm FirstGroup plc rose about 15% on Thursday after it beat annual profit forecasts as its bus passenger numbers were helped by…

NatWest Group and the University of Edinburgh announced a new partnership based on “challenge-led research and innovation” that will improve how data is used to…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, announced on Wednesday that Sean Duffy, the company’s CFO and board director, has…

Scotch Whisky giant Diageo plc announced on Wednesday that Ivan Menezes, who held the CEO role at the world’s biggest spirits company for 10 years, has…

Major structural reforms are required to the current way skills are delivered in Scotland, according to an independent review of the system by former Scotland…

The Scottish National Investment Bank announced that Mark Munro has been appointed to the new role of Chief Investment Officer (CIO). The new role will…

XPS Pensions Group has estimated that the aggregate surplus of UK pension schemes rose in May to £110 billion. XPS said a significant rise in…

The lead manager of the £1.1 billion Abrdn Private Equity Opportunities Trust plc (APEO) has responded to recent criticism of private equity investment companies by…

Edinburgh-based Securities Trust of Scotland, the £230 million global fund, announced it has changed its name to STS Global Income & Growth Trust plc.  The investment…

Energy regulator Ofgem announced that SSE Generation Limited is to pay £9.78 million for “breaching its licence after securing excessive payments from the National Grid…