Standard Life in £260m ReAssure annuity deal
Standard Life said it has completed a £260 million bulk purchase annuity (BPA) transaction with residual risk cover with the ReAssure Staff Pension Scheme, securing…
Standard Life said it has completed a £260 million bulk purchase annuity (BPA) transaction with residual risk cover with the ReAssure Staff Pension Scheme, securing…
Edinburgh-based oil and gas firm Capricorn Energy — formerly Bill Gammell’s Cairn Energy — said on Wednesday it has received a proposal from Samos Energy…
ScottishPower said it will invest £1.5 billion to upgrade old turbines at the Whitelee Windfarm near Eaglesham, East Renfrewshire, in a move that will almost…
Scottish-headquartered UK law firm Shepherd and Wedderburn has reported turnover of £83.1 million for the year ended April 30, 2026 – an increase of over…
Manchester-headquartered property investment and development company Hurstwood Holdings has expanded its growing Scottish portfolio with the acquisition of one of west Edinburgh’s most prominent office…
Edinburgh-based investment group Aberdeen has warned that international and strategic buyers will continue to snap up undervalued London-listed firms — and that “sooner or later”…
London Stock Exchange announced plans to launch London Stock Exchange 24 (LSE 24), a new 24/5 trading venue “to support the next generation of digital,…
The UK government’s benchmark borrowing costs rose and sterling slipped as investors worried whether Andy Burnham’s first remarks on becoming prime minister mean he would…
Regional airline Loganair and BETA Technologies announced at the Farnborough International Airshow the signing of a term sheet under which Loganair will purchase five all-electric…
A record 76 funders backed Scottish companies with risk capital for the first time in 2025, up from 73 in 2024, according to the latest Annual…
Edinburgh-based US healthcare software firm Craneware plc said on Monday it has identified and is responding to a cyber security incident involving unauthorised access to a…
Two giant offshore wind farms are set to be developed in the Moray Firth. The North and South Caledonia offshore windfarms, which will cover an…
The latest Royal Bank of Scotland Growth Tracker showed a third straight monthly decline in Scottish business activity during June. However, the data also highlighted…
Aberdeen City Council CEO Angela Scott has been appointed as the Principal and Vice-Chancellor of the financially troubled University of Dundee and will take up…
Diagnostic health testing company Regenerus Laboratories said it has secured £8 million to accelerate operational and market expansion, and strengthen its diagnostic platform. The funds…
Perth-based electricity infrastructure giant SSE plc announced the appointment of former National Grid CEO John Pettigrew as a new independent non-executive director. Pettigrew will join…
SSE plc, the Perth-based electricity infrastructure giant, reiterated the financial outlook provided in its full-year results and published a first-quarter trading statement for its Annual…
The Scottish Government said all flights between the Highlands and Islands and other Scottish airports will be exempt from Air Departure Tax (ADT) when the…
Shares of Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, fell as much as 7% after it published…
James Watt, co-founder and former CEO of Aberdeenshire craft beer firm BrewDog, said in a social media post on Wednesday his new beer company Second…
The Association of Investment Companies (AIC) has called on new UK prime minister Andy Burnham to “help save our stock market” as increasing numbers of…
Crown Estate Scotland said the latest projections for 16 ScotWind projects show an increase in supply chain commitments compared to the previous forecast for these projects….
The UK government’s Ministry of Defence said on Tuesday it will invest £26 billion over 10 years to modernise His Majesty’s Naval Base Clyde (HMNB…
A powerful cross-industry group led by North Sea energy producers have delivered a “strongly worded” letter to the incoming UK government — warning that policy…
The Quoted Companies Alliance (QCA) announced that James Ashton will step down as its chief executive after almost four years leading the organisation. The Quoted…
The Scottish National Investment Bank (SNIB) said it intends to “utilise its expertise as a fund manager” by designing a fund to support innovative businesses…
Scottish Government-owned Glasgow Prestwick Airport has reported an operating profit of £3.9 million for the year ended March 31, 2026, representing an 11% increase on…
Scottish Renewables announced the appointment of Drax executive Angela Hepworth as its new chief executive officer. Former Scottish Renewables CEO Claire Mack announced on social…
The Scottish National Investment Bank has published its 2026 Impact Report to show how its portfolio is performing against its “impact” objectives. As an “impact”…
The Scottish Government announced a new £2 million support scheme for Scotland’s independent pig producers to help with “the significant market challenges” facing the sector,…
A new report from Aberdeen Investments said private markets are entering a “more selective” phase with returns increasingly driven “by asset quality, income resilience, operational…
A historic building at 109-111 Princes Street in Edinburgh has been wrecked in a fire which broke out in the early hours of Thursday morning….
A new report from SSE plc, the Perth-based electricity infrastructure giant, said electrification could cut bills by 35% while a shift to more UK-generated clean…
Nationwide said it has underlined its commitment to Scotland as it expands its presence at 177 Bothwell Street – Glasgow’s largest office building. The former…
Edinburgh remains one of the “most tightly supplied office markets” in the UK, while Glasgow is also experiencing a significant shortage of prime office accommodation….
Aberdeen-headquartered bus and rail giant FirstGroup plc announced the award of a Sizewell C bus transport services contract, further strengthening the group’s business and coach…
The UK’s Office for Budget Responsibility (OBR) has warned that the UK Government should take early action to prevent its debt from moving onto an…
Edinburgh investment group Baillie Gifford has confirmed it is offering “a voluntary exit programme to UK-based staff, giving them the option to leave on enhanced…
Bond funds attracted £1.06 billion of net inflows in June, making it the third-strongest month for fixed income funds on record, according to the latest…
Edinburgh-based US healthcare software firm Craneware plc said the pension scheme of its CEO Keith Neilson bought 9,074 ordinary shares of the firm on Monday…
The Scottish Government said “views are being sought” on its plans to introduce two new council tax bands for properties worth more than £1 million…
ITV said on Monday it reached an agreement to sell its Media and Entertainment business (ITV M&E) to Sky, a wholly owned subsidiary of Philadelphia-based…
Aberdeen Investments said it has completed its acquisition of closed-end fund assets from Boston-based MFS Investment Management with combined assets of £1.5 billion. Aberdeen currently…
Scottish Borders Council said it has completed the tendering process to appoint specialist consultants to support the first stage of business case work for the…
Governments should take a far more active role in regulating artificial intelligence (AI), according to a new survey of ICAS (Institute of Chartered Accountants of…
Shares of Edinburgh-based Craneware plc fell as much as 22% on Friday after the firm published a trading update for the financial year ended June…
Edinburgh-based oil and gas firm Capricorn Energy — formerly Bill Gammell’s Cairn Energy — said on Thursday it accepted a $360 million (£271 million) cash…
Former Scottish Renewables CEO Claire Mack announced on social media she will become Director of Corporate Affairs, Transmission with SSE plc / SSEN Transmission in September….
Digital technologies trade body ScotlandIS has appointed former Weir Group executive Andrew Weir as its new chief executive officer, effective July 1. He succeeds Karen…
Edinburgh asset manager Baillie Gifford has outlined the scale of its successful investment in Bending Spoons as the Italian technology company makes its market debut…
Lloyds Banking Group (LBG) said it will retain the Bank of Scotland brand for customers in Scotland — but confirmed that its Halifax brand will…
Baillie Gifford’s £2.9 billion Monks Investment Trust plc said its net asset value (NAV) total return was 29.3% in the year to April 30, 2026,…
NatWest-RBS announced completion of the acquisition of wealth manager Evelyn Partners for £2.7 billion enterprise value. “The Transaction creates the UK’s leading Private Banking and Wealth…
Aberdeen Investments and Rock Rail said they have reached a £800 million first close for a new platform investing in the next generation of UK…
Scottish Power, owned by Spain’s Iberdrola, is calling for a portion of bad household energy debts to be pooled and sold to banks as part…
Shetland Islands councillors have decided to “approve the recommendations for options to be taken forward to the next stage” of its Inter-island Transport Connectivity Programme,…
Creative Scotland said its CEO Iain Munro is to step down from his position later this year “after thirty years of public service for the arts,…
SSEN Transmission, SSE plc’s electricity transmission business, has welcomed publication by the National Energy System Operator (NESO) of its “Beyond 2030 Update” setting out a…
Glasgow protective packaging firm Macfarlane Group announced the “de-risking” of the Macfarlane Group plc Pension & Life Assurance Scheme (1974) through the scheme’s purchase of…
Glasgow-based whisky, gin and rum company Edrington — owner of The Macallan, Highland Park and The Glenrothes — said its core revenue slipped 3% to…
Texas-based energy software firm Quorum Software announced the acquisition of Glasgow-based Streamba, which it called “an AI-native supply chain platform purpose-built for energy.” Quorum said:…
NatWest-RBS announced the appointment of Erminia (Ernie) Johannson as an independent non-executive director with effect from July 1, 2026. “Ernie most recently served as Group…
Andy Burnham, the Labour MP hoping to replace Keir Starmer as UK prime minister, said his plans for the UK are consistent with the Labour…
Responsible finance provider Social Investment Scotland (SIS) has announced five new additions to its board of directors, bringing fresh expertise in HR, philanthropy, community finance,…
UK food and drink exports fell 4.8% to £5.7 billion in the first quarter to March 31, 2026, according to the UK Food and Drink…
The £11.1 billion Lothian Pension Fund, Scotland’s second-largest Local Government Pension Scheme, published its unaudited Annual Report and Accounts for 2025-2026 showing it “continues to…
The UK’s Financial Conduct Authority (FCA) on Friday finally published a consultation paper on proposed changes to its UK Listing Rules for closed‑ended investment funds…
The £275 million Baillie Gifford UK Growth Trust plc said its net asset value (NAV) total return was 15.6% for the year to April 30,…
The Scottish economy has continued to demonstrate resilience despite ongoing uncertainty arising from tensions in the Middle East, according to the latest Quarterly Economic Commentary…
Future Group, an Australian superannuation and financial services firm, has announced a partnership with Aberdeen Investments to invest in global infrastructure opportunities. “Through this partnership,…