Asset custody and investment tech firm Seccl has announced that former Nucleus Financial Group chief executive David Ferguson will join Seccl as its new CEO,…

New research from Savills shows that the Scottish hotel market saw investment volumes reach £185 million in 2021 — a 166% increase on the £70…

Martin Gilbert’s investment firm AssetCo plc has been given another extension to the deadline by which it must make an offer for fund manager River and…

Crown Estate Scotland on Monday announced the outcome of its application process for ScotWind Leasing — the first Scottish offshore wind leasing round in over a decade. It said a total of just…

First Minister Nicola Sturgeon and Scottish Financial Enterprise chair Philip Grant are to co-chair a “refocussed” national board to “ensure the crucial role of financial…

Shares of Glasgow-based fashion firm Quiz rose about 11% on Friday as it published an update for the month of December 2021 and its current…

Shares of Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, rose as much as 15% on Friday after the firm published a production…

ScottishPower — owned by Bilbao-based green energy giant Iberdrola — said it has signed two deals to acquire 17 solar photovoltaic (PV) projects in the…

SSE Renewables has announced plans to enter bids into the upcoming tenders for the 1.4GW Hollandse Kust (west) Wind Farm Zone in the Netherlands which…

The latest Royal Bank of Scotland Report on Jobs from IHS Market shows that permanent staff appointments in Scotland rose in December at the steepest…

Swiss private markets firm Partners Group has agreed to acquire Aberdeen-based North Star, the operator of specialized vessels for emergency response and essential offshore wind…

Premier Miton Group announced it has withdrawn from acquisition discussions with the board of fund manager River and Mercantile Group (RMG). This leaves Martin Gilbert’s investment firm AssetCo…

Standard Life, part of Phoenix Group, said it has completed a £1.8 billion Bulk Purchase Annuity (BPA) transaction covering 6,600 pensioner members of the Imperial…

Shares of Aberdeen-based global engineering and consulting giant Wood plc rose more than 20% on Thursday after it announced it has started a “full sale…

Reinsurance giant Swiss Re has sold its remaining 6.6% shareholding in closed life and pension fund consolidator Phoenix Group Holdings by selling 66,199,917 ordinary shares…

The membership of the Association of Investment Companies (AIC) has elected former Standard Life Investments head of investment companies Gordon Humphries and Fidelity International’s head of…

Shares of Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, rose about 4% on Wednesday after the firm said it enjoyed a strong…

Scientists at the MRC Human Genetics Unit of Edinburgh University and the Roslin Institute have launched a spinout company that aims to democratise genetic data…

Aberdeen-based global engineering and consulting group Wood plc announced it secured $580 million of contracts in the Middle East and won another deal in Chile to support…

Standard Life, part of Phoenix Group, announced it will move £15 billion of assets and 1.5 million pension customers to a “sustainable default strategy.” Standard Life…

Merrill Lynch International (BofA Securities) said on Tuesday it has been appointed by Swiss Re as sole bookrunner for a proposed secondary sale of approximately…

The UK’s Financial Conduct Authority announced it will launch two market studies “and gather further information” to investigate access to wholesale data in financial markets…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced that it completed four Bulk Purchase Annuity (BPA)…

Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc on Tuesday announced the appointments of corporate veterans Margaret Rice-Jones and Stephen Davidson as non-executive directors of the…

Edinburgh-based investment giant Baillie Gifford has appointed Ross Mathison as a portfolio manager of its Global Income Growth Fund and Responsible Global Equity Income Fund,…

Edinburgh-based upmarket home builder Cala Group, currently owned by Legal & General, announced it has rebounded strongly to exceed pre-pandemic housing delivery volumes with an expected record…

Grand Theft Auto maker Take-Two Interactive has agreed to buy Farmville creator Zynga in a shares and cash deal worth about $11 billion. The deal is one of…

The Scottish private sector recorded yet another upturn in activity in December 2021, according to the latest Royal Bank of Scotland Purchasing Managers Index (PMI)…

NatWest Group, the bank formerly known as Royal Bank of Scotland, has appointed ex-Linklaters boss Gideon Moore as chief legal officer and general counsel. Moore…

Baillie Gifford’s £1 billion Schiehallion Fund was the best performing investment trust of 2021 with a price total return of 103.3% as private equity trusts dominated…

Aberdeen-based mechanical engineering group EnerMech said on Thursday it was awarded over £500 million of business in 2021 with new and existing clients and has increased its…

Edinburgh-based Capricorn Energy — formerly Cairn Energy — announced on Thursday it has withdrawn all global legal proceedings against the government of India, a move…

The latest data from Mercer’s Pensions Risk Survey shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed…

By Mark McSherry Scottish businessman and investor Jim Rowan is to join Volvo Cars on March 21, 2022, as CEO & President, the company said. Rowan,…

The £800 million Abrdn UK Smaller Companies Growth Trust plc and Baillie Gifford’s £1 billion Scottish American Investment Company plc were among the best performing investment trusts of…

Glasgow-based packaging firm Macfarlane Group has announced the sale of its Macfarlane Labels Limited division to The Reflex Group Limited for £6.4 million. Macfarlane said…

Glasgow-based global engineering and mining giant Weir Group announced on Friday a major commitment to the Science Based Targets initiative (SBTi) in which the group will…

House prices across Scotland rose 8.8% on average over the last year, more than the UK average of 6.2%, according to the latest data from…

The total capital raised by the London Stock Exchange (LSE) in 2021 was £49.2 billion — £16.8bn in IPOs as 122 firms listed in London…

New research from the Resolution Foundation think tank has predicted that 2022 will be the “year of the squeeze” with UK households facing a typical income…

Archangels, the Edinburgh-based business angel investment syndicate, said it led investments totalling a record £23.7 million in promising Scottish tech and life sciences companies during 2021…

Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, fell about 35% on Friday to about 0.40p after it announced plans…

By Mark McSherry Edinburgh-based Miller Homes has been bought from private equity firm Bridgepoint Group plc by funds managed by affiliates of New York-based investment firm Apollo…

SSEN Transmission, together with National Grid Electricity Transmission (NGET), has submitted a “Final Needs Case” (FNC) to regulator Ofgem for the first of two subsea…

Celtic Football Club has confirmed the appointment of Michael Nicholson as chief executive with immediate effect. Chris McKay, the club’s finance director and member of…

Plans have been submitted to the UK’s Oil and Gas Authority (OGA) by Corallian Energy Limited to develop the Victory Gas Discovery 50 kilometres north west of Shetland. The…

Aberdeenshire-based craft brewing giant BrewDog has announced that the independent review of its working culture is now complete and that chairman Allan Leighton and deputy chair…

Canadian pension fund Omers Infrastructure announced it agreed to sell a 25% interest in Scotia Gas Networks (SGN) to Global Infrastructure Partners (GIP). SGN’s other…

Edinburgh has 19 of Scotland’s 25 most expensive streets, according to a new report from Bank of Scotland based on Registers of Scotland data. Regent Terrace…

Shares of Edinburgh-based ready meals firm Parsley Box Group plc fell another 14% on Wednesday after it said it intends to raise further funding during the…

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, said on Wednesday it plans to extend the life of its Cononish gold mine near Tyndrum…

London-based asset management giant Schroders plc announced that it agreed to acquire a 75% shareholding in Greencoat Capital Holdings Limited for an initial consideration of £358 million…

NatWest Markets Plc said on Tuesday it has pleaded guilty in United States Federal Court to one count of wire fraud and one count of…

UK Government borrowing is estimated to have been £136 billion in the eight months to November 2021, the second-highest financial year-to-November borrowing since monthly records began…

The Scottish Government’s “usual annual borrowing limit to address tax and welfare forecast errors” should be doubled to £600 million “as a starting point” according…

Aviva Investors and Edinburgh-based Par Equity have announced plans to deliver a “significant woodland creation and peatland restoration scheme” in West Aberdeenshire that aims to…

The UK’s Takeover Panel has extended the deadline to January 18 by which Martin Gilbert’s investment firm AssetCo plc and rival suitor Premier Miton Group…

Hawick-based Emtelle Group, a global manufacturer of “pre-connectorised blown fibre, cabling and ducted solutions,” has agreed to acquire Afripipes Middle East Operations based in Dubai. Emtelle works…

The contrarian Scottish Investment Trust plc said on Monday its share price total return for the year to October 31 was 24.3% and the net…

ScotRail has announced the appointment of its new chief operating officer from April 1, 2022, when the train operator becomes a public body. Joanne Maguire,…

CBRE Investment Management, on behalf of CBRE UK Property PAIF, has acquired Exchange Place One, the Grade A office building on Semple Street and Fountainbridge…

Dozens of Scottish and British business leaders have joined forces to warn Scottish and Westminster politicians against creating a “hostile investment environment” for the North…

Aberdeen-based global engineering and consulting group Wood plc has announced a series of UK North Sea contract awards with key clients — including Shell UK…

Lomond Group has become the largest lettings and estate agent in Scotland after acquiring DJ Alexander. The deal, supported by Lomond Group’s private equity partner…

Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, said on Friday it is in talks with shareholders over a possible fund raising…

NatWest Group plc — formerly known as RBS — is set to take a 16.66% stake in Ireland’s Permanent TSB (PTSB) after the Irish bank…

Edinburgh-based investment giant Abrdn said on Friday it will appoint former Financial Conduct Authority (FCA) boss Catherine Bradley as a non-executive director and a member of…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), said on Friday it agreed to increase its equity interests in its…

UK exports of food and drink are down £2.7 billion or 15.9% in the first three quarters of 2021 compared to pre-pandemic levels, according to…

Fife-based timber expert Donaldson Group has acquired the £100 million turnover business Stewart Milne Timber Systems (SMTS), marking the Donaldson Group’s entry into the timber frame…