Baillie Gifford’s high-flying flagship fund, the £20 billion Scottish Mortgage Investment Trust plc, announced the appointment of Prudential plc chief financial officer Mark FitzPatrick as a non-executive director….
A new report from OGUK, which represents the UK’s offshore oil and gas industry, reports that global demand for gas will rise for the next…
Shares of Glasgow-based cloud data centre operator Iomart Group plc fell 16% on Friday after it said it anticipates that results for the full year…
Aberdeen-based transport group FirstGroup plc announced that its Greyhound bus subsidiary has been awarded an initial funding grant of $84.6 million from the first tranche…
Shares of Edinburgh-based ready meals firm Parsley Box Group plc fell almost 40% on Thursday after it published a trading update that showed 18% year on year…
A new report produced by BiGGAR Economics – Scotland’s Care Sector: An Economic Driver – says that far from being a burden on the public…
Glasgow-headquartered Virgin Money has announced plans to close another 31 branches, including 12 in Scotland, as it “accelerate its digital strategy, enabling greater efficiency.” When…
The Scottish economy is set to recover to pre-pandemic levels three months earlier than previously thought. That’s according to the latest quarterly economic commentary from…
More than 2,000 jobs will be created with Social Security Scotland over the next 12 months, First Minister Nicola Sturgeon has announced. Recruitment will start…
A consortium of TotalEnergies, Macquarie’s Green Investment Group (GIG) and Scottish developer RIDG has announced a bid for an offshore wind project in an area…
Perth-based renewable power and networks giant SSE has announced that output from its SSE Renewables’ assets in during the April 1 to September 22 period this…
Shares of Glasgow-based fashion firm Quiz fell as much as 20% on Wednesday after it published results for the year ended March 31, 2021, showing revenue…
Edinburgh-based investment giant abrdn said on Wednesday it sold another 5% of HDFC Asset Management Company Limited in India to raise £268 million. The money…
Perth-based SSE Renewables announced it has signed an agreement with Pacifico Energy, one of Japan’s largest developers of renewable energy, to create a joint ownership…
Plans to create the first Scottish Cyber Security Innovation Hub — to help drive further growth and innovation in Scotland’s thriving cyber security sector —…
Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, has announced five new appointments to its bulk purchase…
Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 4% on Tuesday after it announced it signed a contract with…
Greencoat UK Wind plc has agreed to acquire Andershaw wind farm in South Lanarkshire from Statkraft UK Limited for £121 million. “Andershaw is a 35MW wind farm located two miles…
SSE Renewables, Japanese conglomerate Marubeni Corporation (Marubeni) and Danish fund management company Copenhagen Infrastructure Partners (CIP) said up to £15 billion would be added to…
A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, said on Tuesday it will recommence payment of dividends as it reported…
Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, announced it has converted loans from four directors into shares in the company. On September 1,…
Shares of Beeks Financial Cloud Group Plc, the Glasgow-based cloud computing and connectivity provider for financial markets, rose about 11% on Monday after it announced…
Assets under management held by the UK Investment Association’s 270 member firms grew to £9.4 trillion by the end of 2020, an increase of 11%…
The Scottish Government has announced that testing for inbound international travel to Scotland is to be eased and will align with the UK. The move…
Thurso-based battery cell developer AMTE Power, which went public in March, announced that James Hobson, 43, will join its board as chief financial officer designate on…
Edinburgh-based Cairn Energy and consortium partner Cheiron Petroleum Corporation announced the completion of the acquisition of a portfolio of upstream oil and gas production, development and…
Lloyds Banking Group plc (LBG) — owner of Scottish Widows and Bank of Scotland — announced that insurance industry veteran Nick Prettejohn will step down…
Unite the union has warned National Express that its bid to take over Stagecoach comes at a time of industrial unrest amongst the target firm’s…
The recovery of Scotland’s aviation sector is the slowest in the UK and continues to lag behind the rest of Europe — making clear the…
Ineos said on Wednesday it will convert its Grangemouth petrochemicals plant and oil refinery to run on hydrogen at a cost of more than £1…
The University of Strathclyde has received a £50 million donation from alumnus Charles Huang PhD through his philanthropic foundation — the largest gift the university…
Pernod Ricard has agreed to acquire The Whisky Exchange, the London-based online and physical retailer that is a reference for global whisky and fine spirits…
Perth-based renewable power and networks giant SSE announced on Tuesday that Stephen Wheeler is to be appointed as managing director, SSE Renewables, following Jim Smith’s…
Edinburgh-based Craneware, a provider of software for the US healthcare market, said on Tuesday its revenue for the year to June 30, 2021, rose 6% to…
Celtic plc reported that its revenue fell 13.4% to £60.8 million in the financial year to June 30, 2021, and it made a loss before taxation…
National Express Group Plc announced on Tuesday it is in talks to buy Perth-based Stagecoach in an all-share deal that would value the Scottish transport…
UK energy regulator Ofgem said on Monday it has appointed Centrica’s British Gas to take on Edinburgh-based People’s Energy’s 350,000 domestic customers and 1,000 non-domestic…
Perth-based renewable power and networks giant SSE finally responded on Monday to months of speculation that US activist hedge fund Elliott Advisors is pushing hard for…
Prudential plc, currently based in London, has announced it plans to raise up to $2.9 billion by selling stock in a new share offering in…
Legendary Linlithgow-based financial adviser Alan Steel — a favourite source for journalists in London and Scotland and known as one of the great communicators —…
By Mark McSherry An independent Scotland would be more likely to sell shorter-term bonds — at least initially — due to its lack of track…
A report on the residential property rental market in Scotland’s two largest cities by Rettie & Co shows that Edinburgh is 26% more expensive than Glasgow,…
Edinburgh-based Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society (SMWS), said on Thursday its first-half revenue increased 20% to £7.9 million in…
New figures from LINC Scotland, the national angel capital association, indicate that investment levels from Scotland’s business angel community into promising young companies are in line…
Alice Strang of the National Galleries of Scotland (NGS) is leaving to join auctioneers Lyon & Turnbull as a senior specialist in modern and contemporary art as…
Schroders, the biggest UK asset management firm with about £700 billion of assets, has announced several changes to its UK equities business as it declared that the UK…
The UK’s Investment Association (IA) said it appointed seven new directors to its board, “deepening the breadth of participation across the sector and maintaining a…
The UK’s Glasgow-based Student Loans Company (SLC) has announced the agreement of a 20-year lease with Drum Property Group for a new purpose-built HQ office…
Faroese fish farming company Bakkafrost, owner of The Scottish Salmon Company, has announced “a significant sustainable plan to increase output of its premium salmon by…
SPFL member clubs Aberdeen, Dundee, Dundee United, Hearts and Hibernian announced that “with the endorsement of the SPFL” they have commissioned Deloitte as independent advisers…
Scotland’s Chief Statistician has released statistics showing that onshore Scottish gross domestic product (GDP) rose 4.7% during the April to June quarter of 2021. Over the…
Martin Gilbert’s fast-growing investment firm AssetCo plc has announced that former Standard Life Aberdeen executive Campbell Fleming will join its board of directors and take…
By Mark McSherry US activist hedge fund Elliott Advisors is pushing for a breakup of Perth-based energy and networks giant SSE after building up a…
Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, announced that its revenue for the year ended May 31, 2021, rose 51%…
Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, announced that its portfolio company Exscientia Limited has filed a registration statement with the US…
Edinburgh investment management giant abrdn has the highest percentage of women as fund managers amongst major global asset management companies with 100 managers or more….
Wealth management firm Quilter plc announced the appointment of David Tiller as its commercial and propositions director as it continues the development and growth of…
Glasgow-based Smart Metering Systems plc (SMS) said on Monday it will seek to raise around £175 million by selling stock in a share placing and has…
Shares of Valneva SE fell about 40% on Monday after the French drugmaker said the UK government had ended a Covid-19 vaccine supply deal worth…
Scotland’s private sector recorded further rapid growth midway through the third quarter, according to the latest Royal Bank of Scotland PMI from IHS Markit. Scotland…
Aberdeenshire-based craft brewing giant BrewDog has hired former Asda chief executive Allan Leighton as non-executive chairman to mentor CEO James Watt as the beer firm…
Embattled Aberdeen-based bus and rail giant FirstGroup plc — currently searching for a new chief executive — said on Monday it plans to return £500 million…
Celtic Football Club announced on Friday that its recently-appointed chief executive Dom McKay has stood down “for personal reasons.” In a stock exchange statement, Celtic…
By Mark McSherry American Century Investments, the $245 billion investment manager, has hired the portfolio management team responsible for Aberdeen Standard Investments’ total return bond…
Beeks Financial Cloud Group Plc, the Glasgow-based cloud computing and connectivity provider for financial markets, announced it has acquired new company headquarters. “Beeks headquarters will…
The Scottish labour market saw an unprecedented surge in hiring activity during August — with an “unprecedented rise in permanent starters’ salaries” — according to the…
Glasgow-based media firm STV Group said on Thursday its first-half revenue was £60.3 million, up 35% on 2020 and up 10% on 2019. Adjusted profit…
UK pension schemes are exposed to losses of £200 billon because of their approach to securing inflation-linked returns on assets, according to PwC analysis. “Defined…
Shares of Edinburgh-based ready meals firm Parsley Box Group plc fell about 15% on Tuesday despite the firm reporting that its revenue rose 26% to £14…
David Ferguson, founder of Edinburgh funds platform Nucleus Financial Group, is to leave the firm following the £145 million acquisition of Nucleus by James Hay. Barry Neilson,…