S&P raises rating of BoS parent LBG and NatWest-RBS
S&P Global Ratings said it has raised its long-term issuer credit rating on Lloyds Banking Group plc — parent of Bank of Scotland and Scottish…
S&P Global Ratings said it has raised its long-term issuer credit rating on Lloyds Banking Group plc — parent of Bank of Scotland and Scottish…
A “State of the Circular Economy” report shows that circular sectors were already contributing more than £7 billion to Scotland’s economy and accounting for 81,447…
FinTech Scotland said it has appointed Clare Reid as Strategic Innovation Director and that she will focus on the Glasgow-based Financial Regulation Innovation Lab (FRIL)….
Edinburgh-based Artisanal Spirits Company (ASC), creator of limited-edition whiskies and experiences around the world, said revenue fell 4% to £9.7 million in the six months to June…
Scotland’s First Minister John Swinney has met US President Donald Trump at the White House, with Swinney arguing for a better tariff deal for Scotch whisky….
The UK’s National Union of Journalists (NUJ) said it has “decried substantial job cuts” announced by tabloid news publisher Reach plc as it accelerates its tech…
The latest Royal Bank of Scotland Growth Tracker report showed a fresh rise in Scottish private sector activity in August. Growth has now been observed…
Scotland’s First Minister John Swinney is visiting Washington D.C. this week to argue for the removal of Scotch Whisky tariffs that are currently costing £4…
Savings and retirement giant Phoenix Group said on Monday it will pull around £20 billion from Aberdeen as it moves more of its annuity-backing assets…
Phoenix Group, the UK’s largest savings and retirement business, confirmed on Monday a previously announced plan to change its name to Standard Life plc. Phoenix, which…
The Scottish Government’s Transport Secretary Fiona Hyslop has announced the electrification of Fife and Borders railways with 69 new, more reliable trains being procured. “The announcement…
UK Prime Minister Keir Starmer has reshuffled the UK government following the resignation of his deputy Angela Rayner. In a surprise move, Lothian East Westminster…
Royal London Asset Management, the £181 billion fund management arm of Royal London, the UK’s largest mutual life, pensions and investment company, announced the appointment…
The UK’s Financial Conduct Authority (FCA) said it is investigating whether the London Stock Exchange Group (LSEG) and the landlord of the London Stock Exchange…
UK central bank governor Andrew Bailey is to deliver a keynote address at Scotland’s Global Investment Summit next month. The event will be held at…
Lloyds Banking Group (LBG) — which owns Bank of Scotland, Scottish Widows and Halifax — is to warn about 3,000 of its staff that they…
The Scottish National Investment Bank — Scotland’s development bank — announced that current non-executive director Carolyn Jameson has been appointed as its new senior independent…
The managers of the Abrdn UK Smaller Companies Growth Trust plc said they believe “we are still in the early stages of recovery for smaller companies, with…
Liz Cameron, chief executive of the Scottish Chambers of Commerce (SCC), has announced she will step down after 21 years of leadership at Scotland’s largest…
Glasgow-based Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, announced that it secured over $7 million of new Private Cloud contracts…
Dentons, the global law giant, has elected Susan Kelly as non-executive chair of its global board, succeeding Nick Park, effective November 10, 2025. Kelly is a banking…
Scotland’s First Minister John Swinney announced on Wednesday that new awards of public money to defence companies involved with Israel will be halted — as…
Scottish Rugby said Scotland head coach Gregor Townsend has agreed to extend his contract until the end of 2027, following the Rugby World Cup in…
A new report from Offshore Energies UK (OEUK) claims that reforming the UK government’s windfall tax would “add an extra £137 billion to the UK economy, support 23,000…
The 30-year borrowing costs of the UK government rose to their highest levels since 1998 on Tuesday and sterling fell over 1% as major investors…
Angel Capital Scotland (ACS), the newly established successor body to LINC Scotland, announced the appointment of Margaret Morton as its inaugural chief executive officer. Morton…
Aberdeen-based consulting and engineering giant John Wood Group said it has secured a three-year contract extension to provide operations, maintenance, modifications and support services (OMMS) on…
Scottish businesses supported by Scottish Enterprise have delivered their highest-ever level of planned international sales — reaching an unprecedented £2.46 billion during 2024-25, a 20% increase on the previous…
Glasgow-based Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, said it has “secured a small minority stake” in Liquid-Markets-Solutions (LMS),…
Scottish Engineering CEO Paul Sheerin said on Monday that “the path to recovery hinted at in last quarter’s survey has continued, albeit in slower and…
Aberdeen announced on Monday a strategic partnership with Titanbay, a European private markets infrastructure provider, to “help UK distributors and wealth managers surmount operational and…
Edinburgh-based Craneware, a provider of software for the US healthcare market, announced on Monday the refinancing of its banking facilities “providing increased flexibility to execute…
The UK government said billions of pounds will be pumped into the UK economy following Norway’s decision to select British warships for its Armed Forces…
UK Chancellor Rachel Reeves has been asked to give a “lifeline” to whisky distillers in the Autumn Budget as the Scotch industry revealed there have…
Dubai-based Sidara finally announced on Friday afternoon a proposed deal to take over John Wood Group, the troubled Aberdeen-based global engineering and consulting giant. But in…
Invergordon-based Albyn Housing Society — one of the largest housing associations in the Highlands — said it is pushing ahead with an ambitious plan to…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it has completed the acquisition of Florida-based Townley Engineering and Manufacturing Co., Inc. and…
Had-Fab, the Tranent-based structural engineering and metal fabrication firm, has secured more than £100 million of contracts with SSEN Transmission in the north of Scotland….
Chivas Brothers, the Scotch whisky business of Pernod Ricard, announced its performance for the year to June 2025, with net sales down -3.4% compared to…
Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said its revenue increased 13% to £146.6 million in the six months to June 30, but its…
Baillie Gifford announced it has joined the Independent Investment Management Initiative (IIMI) in the UK — a group for “investment boutiques” — saying that “industrialisation…
Scotland’s onshore GDP grew 0.6% in June 2025, according to statistics announced by the Chief Statistician. This follows a revised growth of 0.1% in May…
Eyemouth port has announced ambitious plans to develop a new £250 million deep-water harbour as part of the Eyemouth Harbour Masterplan — positioning the Scottish…
Lerwick Harbour said it delivered a strong performance across key sectors in the first half of 2025, compared to the same period in 2024. Ship…
SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, said on Tuesday it has successfully launched its second issuance in the Euro bond…
Baillie Gifford’s £1 billion investment trust company Scottish American Investment Company (SAINTS) on Tuesday announced the appointment of Angus Macpherson as chairman designate and non-executive director…
A major public consultation on the proposed new routes for Edinburgh’s tram network — from Granton in the north of the city to the Edinburgh BioQuarter and…
Dubai-based Sidara has informed John Wood Group, the troubled Aberdeen-based global engineering and consulting giant, that it is committed to making an offer to acquire…
More than 2.6 million tickets were issued at this year’s Edinburgh Festival Fringe — just short of last year’s 2.61 million — with organisers saying…
Martin Dickie, co-founder of Aberdeenshire craft beer empire BrewDog, has told staff he is leaving the business and the alcohol industry. Dickie started the firm…
Edinburgh-based international asset management firm Stewart Investors has announced big changes to its fund management team. Stewart Investors said senior portfolio managers David Gait, Sashi…
John Wood Group, the troubled Aberdeen-based global engineering and consulting giant, on Friday announced major changes to its executive leadership team. Wood Group said Chief…
Gordon Baggott has been appointed as the Smart Data Foundry’s new Chief Data Scientist. The Smart Data Foundry is a wholly-owned subsidiary of The University…
The Scottish National Investment Bank — Scotland’s development bank — said its income increased 78.8% to £34.5 million in the year to March 31, 2025….
UK government borrowing in the four months to July 2025 was £60 billion — £6.7 billion more than in the same four-month period of 2024…
The latest Registers of Scotland House Price Index (HPI) shows the average price of a residential property in Scotland in June 2025 was £192,000, an…
The UK Space Agency is to become part of the UK government’s Department for Science, Innovation and Technology (DSIT) in a move the UK government…
Edinburgh-based investment giant Aberdeen Group plc has agreed the sale of its financial planning business, Aberdeen Financial Planning, to fast growing national financial advice and planning…
Scotland and the North East of England led the way in startup company activity in the first half of 2025, according to the latest New Startup…
Edinburgh-based broadband firm GoFibre has completed a £125 million funding round that will support its delivery of two “Project Gigabit” contracts in the south and…
The board of Phoenix Group Holdings plc — owner of Standard Life — has announced a number of board changes. Belinda Richards, group independent non-executive…
Nottingham-based Ideagen, a compliance and risk management software firm, has acquired Edinburgh-based Reactec, a provider of innovative wearable technology with intuitive data analytics. Reactec was…
Loch Lomond & The Trossachs National Park Authority is urging caution and escalating enforcement action against what it called “the concerning trend of the marketing…
Scotland’s population passed the 5.5 million mark for the first time in the year to June 2023, according to revised figures from National Records of…
Scottish salmon export sales could soon break through the £1 billion barrier for the first time, according to trade group Salmon Scotland. New figures show…
The Scottish Government said on Thursday that a “typical household” in Scotland has about £239,500 in total wealth. It said new statistics show average wealth…
A new £50 million investment in Highland Broadband’s ultra-fast broadband network means that rural communities across Scotland are in line for an economic boost. Scotland’s…
About 37% of workers aged 55 and over would consider leaving their job if their ability to work flexible hours was significantly reduced, according to…
Linlithgow-based Calnex Solutions plc, a provider of test and measurement solutions for telecoms and cloud markets, told its AGM on Thursday its has strengthened its sales…
Edinburgh-based Artisanal Spirits Company (ASC), owner of The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN) & J.G. Thomson, has announced an update on its expansion…