Shares of NatWest Group, formerly known as RBS, fell as much as 6% on Friday after it announced its first quarter pretax operating profit soared 49% to £1.8…

Sumitomo Electric Industries, Ltd. has announced a plan to establish a power cable factory in the Scottish Highlands “in order to capture the increasing demand…

The Scottish National Investment Bank (SNIB) has appointed asset management veteran Al Denholm as its new chief executive officer. “With over 36 years of asset…

Shares of Edinburgh-based oil and gas firm Capricorn Energy fell about 6% on Thursday despite news from the firm that it plans $575 million in shareholder payouts…

Fast-growing Aberdeen headquarted accountancy group AAB said it has acquired professional services firm French Duncan in its largest acquisition to date. AAB Group now employs…

Glasgow-based global engineering and mining giant Weir Group published a trading update for the first quarter ended March31,  2023, and reported growth in its order book. Weir reiterated its guidance…

Royal London, the UK’s largest life, pensions and investment mutual, has appointed Edinburgh-based Ronnie Binnie as Head of Strategic Partnerships. Binnie joins Royal London from…

Corporate insolvencies in Scotland hit an 11-year high in 2022-2023 while personal insolvencies also increased on the prior year, according to new figures published by…

Scottish tech businesses are planning a major employment drive as increased exports drive sales, according to new research from tech trade body ScotlandIS. However, Scotland’s…

Thurso-based AMTE Power, a developer of lithium-ion and sodium-ion battery cells for specialist markets, said it has signed a memorandum of understanding (MOU) with Edinburgh-based CalPac Resources…

Bank of England chief economist Huw Pill said that British people need to accept they are poorer “and stop trying to maintain their real spending…

NatWest Group chair Howard Davies told the company’s AGM at its Gogarburn, Edinburgh, HQ on Tuesday that he will step down by July 2024 at…

The UK’s public sector net debt (PSND ex) at the end of March 2023 was £2.53 trillion — around 99.6% of GDP, with the debt-to-GDP…

CBI president Brian McBride has published an open letter to members in which he outlines “what steps we are taking to give you reason to…

New research commissioned by Friends of the Earth Scotland claims that 22,000 jobs could be directly created in Scotland by investing in public transport, plus hundreds…

The UK’s Financial Conduct Authority (FCA) has demanded that asset managers offering so-called liability-driven investment (LDI) strategies to pension funds must ensure their clients can…

Aberdeen-based clean energy firm Verlume has secured £7.2 million in funding — including £6.6 million from the Scottish National Investment Bank — to boost its expansion…

Ardersier Port near Inverness said it has received an initial £300 million investment commitment from US private equity firm Quantum to drive its redevelopment and…

The pre-scaler programme for early stage businesses launched by the Hunter Foundation (THF) and Scottish EDGE has seen demand so high that two cohort programmes…

The Law Society has alleged that new legislation published by the Scottish Parliament “risks seriously undermining the independence of the legal profession from the state.”…

A number of major UK corporations including NatWest, John Lewis, Virgin Media O2 and insurers Phoenix, Zurich and Aviva quit the Confederation of British Industry…

Perth-based power giant SSE plc announced on Friday that Barry O’Regan will be appointed as its chief financial officer and as an executive director of…

Aberdeen-based transport group FirstGroup and infrastructure fund I Squared are considering competing bids for parts of Deutsche Bahn’s international transport business Arriva, according to a Reuters…

Rent controls and political uncertainty are affecting the appetite of institutional investors to fund and deliver Build-to-Rent (BTR) homes in Scotland, alleges a new report….

Edinburgh has climbed eight places to reach position 14 in this year’s Z/Yen Global Green Finance Index — and reach position 8 in Western Europe…

Investment trust Caledonia Investments plc announced it acquired a majority stake in the European division of AIR-serv, comprised of Airvending Limited and AIR-serv Netherlands B.V….

Leading recruitment firm Core-Asset Consulting has joined forces with a UK government backed organisation to help combat the socio-economic imbalance of the Scottish financial services sector. Core-Asset…

Scottish social housing landlord and support organisation Link Group said it has secured a new £70 million funding package with Bank of Scotland. “The agreement,…

Abrdn is considering a plan to individually sell a batch of private equity businesses which collectively have about £12 billion of investments, according to a…

Consumer price inflation (CPI) in the UK dropped only slightly in March to an annual rate of 10.1%, the Office for National Statistics (ONS) said…

Bruntwood SciTech has unveiled detailed plans for the forthcoming transformation of Glasgow’s iconic Met Tower. The proposals include a refurbishment of the former City of…

Shell U.K. Ltd announced it has completed the restart of operations at the Pierce field in the UK Central North Sea, following a “significant upgrade”…

Edinburgh-based investment giant Abrdn has confirmed it will cut more than 20% of its multi-asset investment team as part of a broader restructuring. Staff have been…

A record number of people in Scotland are in work, according to latest figures released by the UK’s Office for National Statistics (ONS). ” … early…

The Scottish private sector saw a second successive monthly rise in business activity in March, with underlying data showing quicker growth across both the manufacturing…

Plans that would enable local authorities to raise the amount of council tax paid on “empty and second homes” will be included in a new…

The EICC Edinburgh conference venue said it increased revenue 45% to £11.8 million in the year to December 31, 2022, with CEO Marshall Dallas noting…

Shares of Glasgow-based fashion firm Quiz plc fell as much as 20% on Monday as it published a trading update for the financial year ended…

Aberdeen-based global engineering and consulting giant Wood Group said on Monday it has extended the “put up or shut up” takeover offer deadline for New York-based…

The Scotch Whisky Association (SWA) has launched a campaign to “press the UK government to re-think the decision to increase duty on Scotch Whisky and…

Edinburgh-based global investment management partnership Baillie Gifford will appoint seven new partners from May 1, 2023. In total, the partnership will rise to 57. Baillie Gifford…

Social Investment Scotland (SIS) has appointed four new board members to support the organisation’s continued growth and ambition to develop Scotland’s “impact economy.” SIS said…

Highlands and Islands Airports Limited (HIAL) said its managing director Inglis Lyon has announced his intention to step down from this summer. HIAL is responsible for…

The UK’s Prudential Regulation Authority (PRA) said it has fined Carlos Abarca, the former chief information officer (CIO) of TSB Bank plc, £81,620 over the…

Wealth management platform FNZ and Virgin Money have partnered to launch a new digital investment platform for UK retail investors. The service has been developed by…

World Rugby confirmed that John Jeffrey of the Scottish Rugby Union has been nominated in accordance with its bye-laws for the vacant position of the…

FTSE 100 CEO annual bonuses remained high in 2022 with a median pay out of 76% of the maximum award, according to a Deloitte report….

UK IPO proceeds in the first quarter of 2023 were 80% lower than the equivalent period in 2022, and 99% lower than the record levels…

Edinburgh-based Craneware plc, a provider of software for the US healthcare market, announced that it intends to commence a share buyback programme of £5 million immediately….

Shares of Glasgow-based cloud computing firm Iomart Group rose as much as 4% after it published a trading statement for the year ended March 31, 2023,…

The latest Royal Bank of Scotland Report on Jobs showed that salaries for new permanent hires rose “rapidly” across Scotland in March amid “a further…

Hedge fund Marshall Wace has taken a £155.6 million short position against NatWest Group, the bank formerly known as  RBS. Bloomberg reported that the bet…

The Association of Investment Companies (AIC) announced that the amount of money raised by venture capital trusts (VCTs) in the 2022-23 tax year passed the £1…

Former Abrdn long-time executive Piers Currie, who went on to be a founder of specialist consultancy Warhorse Partners, has died. At the then Aberdeen Standard Investments, Currie’s…

The UK economy remains on course to suffer the sharpest contraction among the world’s advanced economies this year, the International Monetary Fund said on Tuesday,…

Glasgow-based agritech firm Solasta Bio has secured a further round of investment totalling £4 million to scale up the development of its nature-inspired pesticides. Solasta…

The Confederation of British Industry (CBI) said on Tuesday it has dismissed Tony Danker as director-general after an investigation into complaints of workplace misconduct —…

Investors withdrew a net £747 million out of their UK-focused equity funds in March, down from an average monthly outflow of £888 million between November…

John Leighton has announced that he is stepping down as director-general of the National Galleries of Scotland in February 2024. Leighton has been in the…

The Scottish Government’s tax changes came into effect on Thursday, with ministers claiming the move will raise £519 million in 2023-24. “Changes to income tax…

Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, The Glenrothes, Highland Park and The Famous Grouse — announced that it has become the…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said it has secured a $500,000 advance to assist with short-term working capital from…

North Berwick in East Lothian has retained its title as the most expensive seaside location in Scotland to buy a home, according to the latest…

The Scottish National Investment Bank said it has invested a further £20 million to help connect 100,000 rural homes to ultrafast fibre broadband. Lothian Broadband…

New York-based private equity firm Apollo Global Management said on Tuesday it has made a “final” and “possible offer” for Aberdeen-based global engineering and consulting giant…

Martin Currie, the global active equity specialist headquartered in Edinburgh that is part of the Franklin Templeton group, has bolstered its distribution team with the…

XPS Pensions Group has estimated that the aggregate surpluses of UK pension schemes more than halved over March to £25 billion. XPS, the pensions actuarial,…

Virgin Money said it has launched a new investment service in partnership with Abrdn “comprising a new digital platform with a range of straightforward investment…

Start Up Loans, part of the British Business Bank, has announced that DSL Business Finance will be the Scottish Business Support Partner (BSP) for the…

Royal London, the UK’s largest life, pensions, and investment mutual, has agreed to acquire the individual protection line of business of Aegon UK, subject to court…