The Scottish Government estimated on Thursday that its current resource spending requirements could exceed funding by £1 billion in the next financial year, and by £1.9…

A Bill that would enable Scottish councils to invest more in local tourism facilities and services through a levy on overnight stays — a tourist…

S&P Global Ratings has affirmed its A+ long-term issuer credit ratings on Wheatley Group — Scotland’s biggest social landlord.  Wheatley owns and manages over 93,700…

SSEN Transmission — part of SSE Plc — announced it has signed its first ever sustainability-linked Revolving Credit Facility (RCF), “further reinforcing the company’s commitment…

Passenger services on the new Edinburgh Trams route to Newhaven are scheduled to start at 12 noon on June 7, it was announced on Thursday….

Brodies Middle East LLP, the first international arm of Scottish law firm Brodies LLP, has opened an office in Abu Dhabi. Having serviced clients in…

By Mark McSherry SSE plc, the Perth-based electricity infrastructure giant, unveiled plans on Wednesday that could see it invest up to £40 billion over the…

By Mark McSherry The UK government borrowed more than forecast in the first month of the new fiscal year due to higher debt interest payments,…

Business confidence in the UK Continental Shelf (UKCS) is at a near record low, falling from +36 points last April to -37 today. That’s according…

Glasgow-based cloud computing firm Iomart Group announced the appointments of Annette Nabavi and Adrian Chamberlain as independent non-executive directors of the company. Following six years on…

Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc rose as much as 8% on Tuesday after it said its revenue grew 25% to £27.4…

SSE Renewables has unveiled plans to convert its 152.5MW Sloy Power Station, the UK’s largest conventional hydro power plant, into a new pumped hydro storage facility…

Blackford, Perthshire-based natural source water producer Highland Spring Group announced that Mark Steven, who alongside Simon Oldham, is currently joint managing director of the business, “has…

Scotland’s increasingly valuable rural land is only available “to a limited few” as high demand from forestry, natural capital investment and corporate estate buyers continues…

Scottish Enterprise has published a report into Scotland’s blockchain economy with a forecast that claims the technology has the potential to add £4.48 billion to…

Scottish salmon exports to Asia more than doubled to £24 million in the first three months of this year in response to growing demand, new…

NatWest Group — the bank formerly known as RBS — has agreed to buy £1.26 billion worth of its shares back from the UK government as…

New research from Scottish Enterprise shows the value of equity investment secured by Scottish businesses in 2022 reached a record £953 million in 2022, an…

London-based investment fund Sparta Capital on Friday repeated its call for John Wood Group, the Aberdeen-based global engineering and consulting giant, to launch a share buyback…

Two of Scotland’s longest established fresh produce organisations, East of Scotland Growers Ltd (ESG) and R&K Drysdales Ltd (RKD), have completed a merger and created…

The North Sea Transition Authority (NSTA) announced it has awarded 20 carbon storage licences, which it said could store up to 30m tonnes of CO2 a…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), announced on Thursday that Billy McCarter, formerly interim finance director, has been…

Port of Aberdeen has announced that it returned to pre-pandemic levels of activity in 2022, one year ahead of forecast. The port increased turnover by…

Scottish Rugby Limited — the operating company responsible for the day-to-day business of Scottish rugby — has announced the appointment of Scottish Financial Enterprise chair…

The £13.3 billion Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, has reiterated its commitment to investing in “exceptional growth companies” despite announcing share price and net…

Murray Capital announced it has sold its stake in Scottish independent financial advisory firm Argyle Consulting. Argyle Consulting was established in 1997 and has offices…

Former Baillie Gifford and Scottish Mortgage fund manager James Anderson has joined an investment management firm backed by the Agnelli Italian industrial dynasty. Anderson has joined…

The latest Royal Bank of Scotland Purchasing Managers Index (PMI) report showed Scotland’s private sector enjoyed the strongest growth in output in 10 months in April….

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said on Monday the firm’s ability “to continue as a going concern is…

By Mark McSherry New York private equity firm Apollo Global Management announced on Monday morning it “does not intend to make an offer” for Aberdeen-based global…

UK dividends rose 4.6% on a headline basis to £15.2 billion and ahead of forecasts during the first quarter of 2023, according to the Dividend…

Abrdn plc has announced big changes in the leadership of its investment business — with Rene Buehlmann becoming sole CEO and co-CEO Chris Demetriou leaving…

The UK’s central bank, the Bank of England, raised its key interest rate by 0.25% to 4.5% on Thursday, its 12th consecutive rate rise. The…

Aberdeen-based global engineering firm John Wood Group — facing a potential takeover offer from New York private equity firm Apollo Global Management — said in a…

By Mark McSherry Abrdn chairman Douglas Flint said a debt default by the United States “is almost unthinkable” and would be a “cataclysmic” event for…

The value of residential property sold across Scotland fell 7% to £4.1 billion in the first quarter of 2023, with the number of transactions down…

Six projects currently under development in Scotland will more than double the UK’s pumped storage hydro capacity to 7.7GW, create almost 15,000 jobs and generate…

M&G Wealth announced it has appointed Abrdn executive Ella Hugh as its new Director of Proposition and Marketing. At M&G Wealth, Hugh will take on…

The latest Royal Bank of Scotland Report on Jobs revealed “sharp and accelerated contractions” for both permanent job placements and temp billings in April “as…

The value of and volume of venture capital (VC) investment into Scottish businesses slumped in the opening quarter of 2023, according to the latest figures…

Scottish Rugby has announced that Scotland head coach Gregor Townsend has signed a contract extension that will see him lead the men’s national team up…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said on Tuesday it has made a solid start to 2023 with first quarter sales and…

Scottish businesses will be able to borrow more easily against assets such as whisky stores and machinery under legal reforms passed by the Scottish Parliament….

By Mark McSherry Edinburgh-based investment giant Baillie Gifford is to invest a further $180 million in Santa Cruz-based electric aircraft maker Joby Aviation. The news…

The funding status of the UK’s 5,000-plus corporate defined benefit (DB) pension schemes continues to show that, on average, the schemes have sufficient assets to…

Shares of Thurso-based AMTE Power, a developer of lithium-ion and sodium-ion battery cells for specialist markets, rose about 5% amid news from the firm that it has…

Green energy and infrastructure developer Cerulean Winds has revealed a £20 billion investment plan to build the North Sea Renewables Grid (NSRG), an offshore integrated…

Edinburgh-based upmarket home builder Cala Group, currently owned by Legal & General, announced the acquisition of Taylor Lane Timber Frame, one of the UK’s leading timber frame…

UK investors continued to shun UK-focused stock funds in April with outflows accelerating to £782 million, according to the latest Fund Flow Index from Calastone,…

The UK’s Financial Conduct Authority (FCA) said on Wednesday it is proposing to “reform and streamline” UK stock market listing rules as it ramps up efforts to…

The giant Scottish Mortgage Investment Trust announced on Wednesday the appointment of Sharon Flood and Vikram Kumaraswamy as independent non-executive directors of the company, with…

By Mark McSherry Baillie Gifford’s £630 million Sustainable Growth Fund sold out of its position in the failing First Republic Bank “very quickly” in March after…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced the acquisition of A & G Holdings Limited, owner of Manchester-based Gottlieb Packaging Materials Limited. “This…

The Scottish Government’s External Affairs Secretary Angus Robertson has called on the UK Foreign Secretary James Cleverly to withdraw guidance and a letter sent to…

By Mark McSherry The Bank of England — the UK’s central bank — has estimated that its quantitative easing programme will make a total financial…

Scotland’s salmon sector has unveiled an ambitious European growth plan for its premium “Label Rouge” salmon to further enhance Scotland’s international reputation for food and…

James Shapiro’s book called 1599: A Year in the Life of William Shakespeare has been named winner of the £25,000 Baillie Gifford Prize for Non-Fiction…

Port of Aberdeen has announced a commitment to invest £55 million over the next 10 years to become the UK’s first net zero port by…

Scottish Friendly has reported that its total sales increased by 2% to a record £47.7 million in 2022 and that the mutual’s membership increased by 38,000…

Shares of NatWest Group, formerly known as RBS, fell as much as 6% on Friday after it announced its first quarter pretax operating profit soared 49% to £1.8…

Sumitomo Electric Industries, Ltd. has announced a plan to establish a power cable factory in the Scottish Highlands “in order to capture the increasing demand…

The Scottish National Investment Bank (SNIB) has appointed asset management veteran Al Denholm as its new chief executive officer. “With over 36 years of asset…

Shares of Edinburgh-based oil and gas firm Capricorn Energy fell about 6% on Thursday despite news from the firm that it plans $575 million in shareholder payouts…

Fast-growing Aberdeen headquarted accountancy group AAB said it has acquired professional services firm French Duncan in its largest acquisition to date. AAB Group now employs…

Glasgow-based global engineering and mining giant Weir Group published a trading update for the first quarter ended March31,  2023, and reported growth in its order book. Weir reiterated its guidance…

Royal London, the UK’s largest life, pensions and investment mutual, has appointed Edinburgh-based Ronnie Binnie as Head of Strategic Partnerships. Binnie joins Royal London from…

Corporate insolvencies in Scotland hit an 11-year high in 2022-2023 while personal insolvencies also increased on the prior year, according to new figures published by…

Scottish tech businesses are planning a major employment drive as increased exports drive sales, according to new research from tech trade body ScotlandIS. However, Scotland’s…

Thurso-based AMTE Power, a developer of lithium-ion and sodium-ion battery cells for specialist markets, said it has signed a memorandum of understanding (MOU) with Edinburgh-based CalPac Resources…

Bank of England chief economist Huw Pill said that British people need to accept they are poorer “and stop trying to maintain their real spending…