B Gifford’s £3bn Monks returns 29%, narrows discount
Baillie Gifford’s £3 billion Monks Investment Trust plc said the fund produced a net asset value (NAV) total return of +29.2% for the six months…
Read MoreBaillie Gifford’s £3 billion Monks Investment Trust plc said the fund produced a net asset value (NAV) total return of +29.2% for the six months…
Read MoreTwo large investment trust companies run by Edinburgh-based Baillie Gifford said on Tuesday that New York activist hedge fund Saba Capital Management is blocking a…
Richard Hughes, chair of the UK’s Office for Budget Responsibility (OBR), has written to the UK Chancellor of the Exchequer and Chair of the UK…
John Wood Group, the troubled Aberdeen-based engineering and consulting giant, announced on Monday the appointment of Jade Moore to the company’s executive leadership team as…
Edinburgh-based AI and data consultancy Optima Partners said it has secured “significant investment” from Growth Capital Partners (GCP) as it ramps up its UK and…
Edinburgh and Manchester-based build-to-rent (BTR) housing firm Sigma Capital said it has agreed a £268 million “investment debt facility” with Morgan Stanley. “The new facility…
Savings and retirement giant Phoenix Group announced that NatWest executive Angela Byrne has been appointed as the next CEO of Standard Life’s pensions & savings…
The £300 million Baillie Gifford UK Growth Trust plc said on Friday its net asset value (NAV) per share total return was 16.2% compared to…
New York activist hedge fund Saba Capital Management has made a fresh attempt to replace the entire board of the £850 million Edinburgh Worldwide Investment…
Offshore Energies UK (OEUK) has condemned the UK government’s decision in the Budget to reject replacement of the Energy Profits Levy (EPL) in 2026 –…
The Scottish Chambers of Commerce (SCC) has warned that “businesses are on the brink” following the UK Chancellor’s Autumn Budget. SCC said it is deeply…
The Scotch Whisky Association (SWA) said the UK Chancellor’s decision to further increase alcohol duty on Scotch will put “additional pressure on a sector suffering…
An independent assessment of this year’s Tour O The Borders cycling event has estimated it contributed more than £755,000 to the Borders’ economy. The assessment,…
Shares of Iomart Group plc, the Glasgow-based secure cloud services firm, fell another 6% on Wednesday after it published half-year results for the six months…
Scotland’s onshore GDP grew by 0.7% in September and 0.2% for the three months to September. Deputy First Minister Kate Forbes: “Whilst it is positive…
Amsterdam-based firm The Social Hub is proposing to create a new £200 million hospitality and community venue in Fountainbridge, Edinburgh, in a move that would…
Trade body Salmon Scotland said the name “Scottish Salmon” has secured protected legal status across the European Union in recognition of its quality. Salmon Scotland…
The Scottish Government said on Tuesday that, valued at £38 billion in 2023, Scotland’s international exports are estimated to have fallen 4% in real terms…
The Scottish Government has launched a single online point of contact for global investors looking to participate in Scotland’s biggest projects. InvestScotland showcases large-scale investment…
The UK’s Defence Infrastructure Organisation (DIO) has contracted construction firm Graham to deliver a £142.1 million programme of investment at Dreghorn Barracks, Glencorse Barracks and…
Growth capital investor BGF has made a £15 million investment in Cruden, powering the next stage of growth for one of Scotland’s most established SME…
A survey of SMEs across Scotland has found business owners to be in confident mood despite rising costs and funding challenges. The inaugural SME survey…
Edinburgh-based digital project consultancy Waracle has agreed a deal to acquire HackSoft, a software development consultancy based in Sofia, Bulgaria. The acquisition marks a milestone in Waracle’s growth…
Rangers Football Club confirmed on Monday it has “parted company” with CEO Patrick Stewart and Sporting Director Kevin Thelwell. “Rangers expresses its sincere gratitude to…
Edinburgh-based housebuilder Whiteburn Projects Limited has secured a £6.56 million development loan from the Scottish National Investment Bank to fund the delivery of 50 private homes…
The UK’s Investment Association (IA) said its CEO Chris Cummings will step down from his role in June 2026 following 10 years in the post….
The Harris Tweed Authority has appointed Gaelic broadcaster Fiona MacKenzie to the role of Chief Executive Officer. MacKenzie will take up the position at the…
Edinburg-headquartered cybersecurity company Quorum Cyber said it has made a series of appointments to its senior leadership team as it enters “a new phase of global expansion.”…
Frasers Group plc has confirmed its much-flagged acquisition of the giant Braehead Shopping Centre in Glasgow. The price of the acquisition from SGS UK Retail…
Edinburgh-based Craneware plc, a provider of software for the US healthcare market, said on Friday its alliance with Microsoft is progressing well and “adding significant sales…
UK government borrowing in the first seven months of its current financial year to October 2025 was £116.8 billion — £9 billion or 8.4% more…
The £942 million Murray Income Trust said it has replaced Aberdeen with Artemis Fund Managers as its new investment manager following a strategic review. “The company’s…
Edinburgh-based Artisanal Spirits Company (ASC), owner of the Scotch Malt Whisky Society (SMWS), said on Thursday the recent government shutdown in the US “has created…
University of Edinburgh spinout Rhizocore Technologies, a biotechnology company which uses fungi to improve tree growth and survival rates, has secured £4.5 million in investment…
Glasgow media firm STV Group plc said on Wednesday chairman Paul Reynolds has stepped down as planned and has been succeeded by corporate veteran Clive…
Pentland Floating Offshore Wind Farm off the northern coast of Scotland — developed by funds managed by Copenhagen Infrastructure Partners P/S — has announced investment…
Exxon Mobil announced on Tuesday it will close its Fife ethylene plant (FEP) in February 2026, saying the site is no longer competitive because of high…
Linlithgow-based Calnex Solutions plc, a provider of test and measurement solutions for telecoms, cloud computing and defence markets, reported revenue growth of 9% to £8 million…
The Scottish National Investment Bank said it has invested £50 million into London-based Octopus Capital’s Affordable Housing Fund — part of a £100 million fundraise…
Shareholders of John Wood Group, the troubled Aberdeen-based engineering and consulting giant, have finally approved a cut-price takeover by Dubai-based Sidara. The Aberdeen firm said 89%…
Scottish Friendly CEO Stephen McGee said a “bold move” by the UK Government to reduce the cash ISA allowance that is supported by a national…
Edinburgh-based drug delivery device developer 1nhaler has secured an additional £1.5 million in seed funding to drive development of its novel pop-up cardboard dry powder…
The Scottish Land Commission said it has made two senior appointments “bringing fresh expertise and leadership to help drive forward Scotland’s land reform agenda.” Sarah…
Scottish salmon now adds around £1 billion a year to Scotland’s economy, a new independent study has revealed. Analysis from BiGGAR Economics for Salmon Scotland…
Scottish Rugby has published its 2024-25 Annual Report showing its revenue rose £5.5 million to a record £79.4 million. The organization’s loss after tax was…
The Scottish Government said it has been confirmed as “high” investment grade, matching the UK and better than Spain, Italy and Japan, by two global…
The brand of Edinburgh-based international asset management firm Stewart Investors is to disappear as its Australian parent company First Sentier moves its investment management responsibilities to…
Shares of SSE plc, the Perth-based electricity infrastructure giant, rose as much as 11% to a record high on Wednesday after it announced “a transformational, fully-funded,…
A proposal to restore a Rosyth to Europe ferry route is being taken forward. The direct trade route between Scotland and Europe could reopen under…
Unemployment in Scotland has fallen to 3.7%, according to the latest estimates from the UK’s Office for National Statistics (ONS). The Scottish figure dropped by 0.1%…
ICAS — the Institute of Chartered Accountants of Scotland — has appointed the first female CEO in the organisation’s 172-year history. On January 1, 2026, Gail Boag,…
NEO NEXT Energy, a joint venture between Repsol and NEO, has exercised its pre-emption rights over BP’s P111 and P2544 licenses, blocking Serica Energy’s proposed…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said on Tuesday it has completed the acquisition of Fast2 Mine Tecnologia e Desenvolvimento de…
Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, Reuters reported. Shell sold its 50% interest in…
Johnnie Walker and Guinness giant Diageo plc on Monday appointed former Tesco boss Dave Lewis as its new chief executive officer (CEO), effective January 1,…
SSE plc, the Perth-based electricity infrastructure giant, is exploring funding options including a share sale that could raise billions of pounds, as the utility seeks capital…
Scottish whisky giant William Grant & Sons has finally commented on the departure of its CEO Søren Hagh – a week after the event. Hagh previously…
Baillie Gifford’s flagship investment trust company, the £15.5 billion Scottish Mortgage fund, on Friday reported a 22.9% rise in Net Asset Value (NAV) for the six…
The Scottish Government said landmark legislation has been approved to help create new small landholdings to “increase farming opportunities and bring agricultural tenancy law into…
Shares of John Wood Group, the troubled Aberdeen-based engineering and consulting giant, rose more than 12% on Thursday to around 20.5p after they were restored…
SSEN Transmission said it has signed two major agreements to help deliver new homes across the north of Scotland. The deals are the the first…
An independent report published on Thursday claims that Dogger Bank Wind Farm, which will become the world’s largest offshore wind farm once fully operational, will…