Shares of NatWest – formerly called RBS – fell as much as 18% on Friday after a profit downgrade in its third quarter results and further…

Trade body Scottish Financial Enterprise (SFE) has launched “Scotland’s new vision for financial services: a sector growth strategy using our technology and ecosystem advantage.” The plan aims to unlock…

Scottish Government projections suggest it cannot afford to pay for public services in their current form, according to the Stephen Boyle, Auditor General for Scotland. Audit…

Weir Group, the Glasgow-based global engineering and mining giant, announced that Penny Freer has been appointed to its board as an independent non-executive director with…

Edinburgh-based investment giant Abrdn plc announced that its US subsidiary, Abrdn Inc, has entered into an agreement with First Trust Advisors L.P. to acquire the assets…

National Galleries of Scotland announced the appointment of Anne Lyden as its new Director-General. Lyden was most recently Interim Co-Director of Collection and Research. She…

A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, has announces the acquisition of the Rio soft drinks brand through the…

Total assets under management (AUM) at the world’s 500 largest asset managers amounted to $113.7 trillion at the end of 2022, according to new research…

International travellers to Scotland made 1.2 million visits to the country in the second quarter of 2023 and spent a record £1 billion, according to quarterly…

Scotland’s First Minister Humza Yousaf told the SNP Conference in Aberdeen that Scotland is to go directly to the international bond market for the first…

SSE Renewables and its partner TotalEnergies have announced all turbines at the 1.1GW Seagreen Offshore Wind Farm off the coast of Scotland are now fully…

Edinburgh investment giant Abrdn announced it agreed to sell its £7.5 billion-asset European headquartered private equity business to Nasdaq-listed Patria Investments. Abrdn manages and administers…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said on Monday it “is now in advanced discussions with a new…

Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, announced that it has signed a binding agreement for the sale of 9.5…

Edinburgh-based venture capital firm Par Equity has announced the launch of its £100 million venture fund to bridge the gap between VC funding in the…

The Hunter Foundation, in partnership with the Scottish National Investment Bank (SNIB), has opened up applications for its second ScaleupScotland2.0 programme for highly ambitious, scaling…

Edinburgh-based digital forensic firm Cyacomb, which uses cutting edge technology to detect and block harmful online content, has received a funding package totalling £3.8 million….

Aberdeen-based independent energy services company THREE60 Energy said it has acquired Pryme Group and Flexlife “to create a £200 million industrially diversified global business with…

Standard Life, part of Phoenix Group, said it has concluded a £335 million Bulk Purchase Annuity (BPA) transaction with the London Stock Exchange Group Pension…

Edinburgh, Fife and Mid and West Lothian is one of the UK’s top innovation clusters outside the golden triangle of London, Oxford and Cambridge, according to…

Shares of Aberdeen-headquartered transport giant FirstGroup plc rose about 4% after it published an update on trading for the 27 weeks to September 30, 2023. On…

The availability of candidates to fill permanent job roles in Scotland decreased again during September – stretching the current period of decline that began in…

Glasgow-based cloud computing firm Iomart Group said on Wednesday it anticipates reporting revenue growth of 18% to £62 million for the six months ended September 30,…

Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc fell about 30% after it published a stark update on trading and outlook for the full…

Glasgow-based Alba Bank – the UK’s newest challenger bank dedicated to supporting SMEs – announced that it will partner with Mambu’s cloud banking platform to manage…

Banks Renewables announced it is expecting to invest over £100 million in developing Pond Energy Park, which will see a section of an industrial park…

Climate activists gathered outside the Edinburgh headquarters of investment giant Abrdn on Thursday to demand that the asset manager “immediately deny debt to companies expanding…

Production of Atlantic salmon by Scottish fish farms fell by 36,199 tonnes or 18% to 169,194 tonnes in 2022, the Scottish Government said. The total…

The British Business Bank has launched a new £150 million Investment Fund for Scotland, unlocking additional funding to help smaller businesses prosper. The fund includes a…

Associated British Ports (ABP) has announced a deal to investigate an area “for the development of infrastructure to support offshore wind (OSW) manufacturing, assembly and…

SSE plc, the Perth-based electricity infrastructure giant, has reported that its renewables performance remains below expectations, with output around 19% behind plan for the six…

Boston-based HighVista Strategies LLC, an alternative asset manager investing in private and public markets, announced the completion of its acquisition of the US private markets…

Edinburgh-based Martin Currie, the active equity specialist with £16.7 billion in assets under management, announced that Jen Mair has been named chief executive officer (CEO). She…

Shares of Beeks Financial Cloud Group plc, the Glasgow-based cloud and connectivity provider for financial markets, rose about 6% after it published final results for the…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, has warned of a “potential administration appointment” after a prospective investor withdrew…

Walker’s Shortbread announced that its annual turnover rose 16% to £164.6 million in the year ended December 31, 2022. The Aberlour-based business revealed growth fuelled…

Martin Gilbert’s asset manager AssetCo has confirmed the completion of its acquisition of Ocean Dial Asset Management Limited from Avendus Capital Asset Management (UK) Limited. This…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced the acquisition of B&D 2010 Group Limited, a specialist protective packaging business based in the…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said on Friday it placed the majority of its employees on short term…

Glasgow-based sensor specialist startup Neuranics has secured a $2.3 million investment led by Par Equity. GU Holdings, the investment company for the University of Glasgow,…

Growth capital investor BGF has completed a £4.5 million investment in Stellar Omada, a fast-growing Edinburgh-headquartered technology services company that serves the financial services sector….

Lothian Pension Fund (LPF) and Falkirk Council Pension Fund (FCPF) announced they will not be progressing with their proposed merger. Lothian Pension Fund has over £9.6…

The Scottish Government no longer expects to have enough money to deliver all its planned £26 billion investment in public sector infrastructure, according to Audit…

The Scottish National Investment Bank said it has “evolved into an ambitious, active impact investor” as it published its second full year accounts. The bank said…

The UK’s North Sea Transition Authority (NSTA) said it has granted development and production consent to Equinor and Ithaca Energy for the controversial Rosebank oil…

The number of first-time home buyers in Scotland fell 14% between January and August 2023 compared to the same period in 2022, according to the latest…

A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, said its revenue was £210.4 million in the 26 weeks to July…

Standard Life, part of Phoenix Group, said it has partnered with Moneyhub, the open banking and open finance platform, to deliver its pensions dashboard. Standard…

Scotmid CEO John Brodie is to retire in August 2024 after 20 years at the helm. “John has been with Scotmid for over 30 years,…

Food and drink wholesaler JW Filshill, one of Scotland’s oldest food and drink wholesalers, has reported that its turnover increased 2% to £203 million in…

The British Business Bank, the UK government’s economic development bank, has reported a loss of £135.3 million for 2022-23 in a year that it made a…

Margaret Lawson, a co-founder of Edinburgh’s SVM Asset Management, is to retire. London’s mutual fund trade press reported that her husband Colin McLean, also a co-founder…

Lothian Buses has announced an order for 50 new Volvo BZL Electric double deck buses for Edinburgh, each with MCV bodywork. Involving an investment of…

Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, fell about 9% after it announced it will not make…

Martin Gilbert’s asset manager AssetCo has announced the disposal of its 70% equity interest in Rize, a thematic ETF specialist, to Cathie Wood’s ARK Invest…

Shares of Glasgow-based fashion firm Quiz plc fell as much as 40% after the company published an update on its trading for the five months between…

Aberdeen-based FirstGroup plc announced that a new nine-year National Rail Contract (NRC) has been agreed with the UK’s Department for Transport (DfT) for the West…

Celtic plc announced that its group revenue increased 35.8% to £119.9 million in the year to June 30, 2023, and profit before taxation rose to…

Edinburgh-based oil and gas firm Capricorn Energy said on Monday that a “detailed operational update presentation on its Egypt assets” will be held in London…

Glasgow-based cloud computing firm Iomart Group announced on Monday that Reece Donovan will step down as chief executive officer and leave the company with immediate effect. Iomart…

The value of Scottish international goods exports rose 12.6% to £36.7 billion in the year ending June 2023, according to latest figures from HMRC. The…

The London Stock Exchange announced that trading in the shares of Thurso-based battery cell developer AMTE Power has been temporarily suspended “as a result of…

Rochester, New York-based LaBella Associates, an international architecture, engineering, environmental and planning firm, announced it has acquired Kiloh Associates, a Scottish engineering firm specializing in civil,…

Edinburgh-based oil and gas firm Capricorn Energy said “accounts receivable” from the Egyptian General Petroleum Corporation (EGPC) increased from $97 million to $144 million in the…

A full-service investment bank, Cavendish, has been created in Scotland with the completion of the merger of Cenkos Securities and finnCap Group. Operating from Cenkos’…

A new report from Robert Gordon University (RGU) in Aberdeen has said that the UK offshore energy workforce can increase by up to 50% from…

The estimated unemployment rate in Scotland was 4.3% in the May to July 2023 quarter, up 1.2 percentage points over the previous quarter and up…

Edinburgh investment giant Baillie Gifford has argued that “zero fossil fuel exposure today is not realistic” in a paper called “A response to fossil fuel…

Alba Bank, the new Scottish bank dedicated to small and medium sized business (SME) lending, said it has appointed banking industry veterans Robert Sharpe and Andrew…

The latest Royal Bank of Scotland purchasing managers index (PMI) survey has marked the end of a six-month period of growth. The survey reported no…