Scotgold shares suspended amid doubts on future
Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said on Monday that trading in its shares will be suspended immediately “pending…
Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said on Monday that trading in its shares will be suspended immediately “pending…
Shares of Thurso-based battery cell developer AMTE Power fell about 78% to around 2.07p on Friday after it announced details of a heavily discounted fundraising….
Scottish Financial Enterprise (SFE), the member body for Scotland’s large financial and related professional services industry, has launched a major new promotional campaign to attract…
The board of NatWest Group plc — formerly called RBS — announced that corporate veteran Rick Haythornthwaite will succeed Howard Davies as chair of the…
Two of Scotland’s most important law firms have agreed to merge in a move they say will create a “new, top-tier independent firm in Scotland.”…
Beeks Financial Cloud Group plc, the Glasgow-based cloud and connectivity provider for financial markets, said it has delivered “significant growth” in the year ended June…
Investment trust Caledonia Investments plc announced that it agreed terms for the sale of its majority stake in Seven Investment Management (7IM) to Ontario Teachers’…
Edinburgh-based Craneware plc, a provider of software for the US healthcare market, said its revenue increased 5% to $174 million in the year ended June 30, 2023, with…
Glasgow-based media firm STV Group plc said its total revenue rose 21% to £75.3 million in the six months to June 30 “driven by organic…
Standard Life, part of Phoenix Group, announced the launch of the Standard Life Pension Annuity, designed to meet the “increasing need for certainty and security…
Liechtenstein-based private bank LGT said it has successfully completed the acquisition of Abrdn’s discretionary fund management business in the UK and Jersey for £140 million….
Shetland Islands Council said its ‘Shetland Short Crossings Project’ aimed at connecting all its main islands by either a tunnel or a new ferry is…
Wood Group plc and Harbour Energy, the UK’s largest oil and gas producer, have entered into a new strategic partnership for UK North Sea operations…
The Scottish Music Industry Association (SMIA) announced the appointment of Robert Kilpatrick as Interim CEO and Creative Director with immediate effect. Outgoing CEO Ronnie Gurr joined the…
Inverness-based Highland Fuels said it has successfully completed the transfer of a majority number of shares of the company to its employees. “We operate a…
Janus Henderson Investors announced on Thursday that John Bennett, its Director of European Equities, has decided to retire from the asset management industry and the…
Aberdeen-based Wood plc has been selected as a preferred bidder on Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. The…
Chivas Brothers, the Scotch whisky business of Pernod Ricard, announced its “strongest financial performance in a decade” with 17% growth in net sales in the…
Index compiler FTSE Russell confirmed late on Wednesday that Edinburgh investment giant Abrdn will be demoted from the FTSE 100 following a drop in its…
The latest data from Skills Development Scotland (SDS) shows the highest ever participation rate in education, training or employment by Scotland’s young adults. Based on a cohort…
Output in the Scotland’s services sector, which accounts for around three quarters of the economy, is estimated to have grown by 0.3% in June. However,…
Glasgow-based Panoramic Growth Equity, an equity and debt investor in UK small and medium companies (SMEs), has announce the final close of its new £100 million Panoramic…
Montrose Port Authority (MPA) has announced a 34% rise in revenue — the “highest revenue outcome ever achieved by the port.” The port said its performance…
Only 9% of Scottish firms agree that the Scottish Government “understands the business environment in Scotland” compared to 64% of businesses that disagree, according to the…
SSE plc, the Perth-based electricity infrastructure giant, said it successfully issued a €750 million 8-year green bond maturing September 5, 2031, at a fixed coupon of…
Stirling Council has finally confirmed a “Section 75 Agreement” so that Springfield Properties’ 3,000-home village development at Durieshill, Stirling, can move forward. Springfield is building a…
Glasgow-based independent whisky firm Brave New Spirits said planning permission for its Witchburn Distillery near Campbeltown has been granted by Argyll & Bute council. The single…
The volume of private equity deals in Scotland’s mid-market businesses fell 25% in the first half of 2023 amid a “significant increase” in the price…
Scottish law firm Burness Paull said its turnover rose 6% to £83.2 million in the financial year ended July 31, 2023, and profit was steady at £35.5…
Scotland’s First Minister Humza Yousaf has announced the transfer of the Clyde Mission regeneration programme to the Glasgow City Region as Scottish Government investment in…
Activity in mergers and acquisitions fell sharply in Scotland in the first half of 2023, with 25% fewer deals being announced and the value of…
The £450 million Abrdn UK Smaller Companies Growth Trust plc announced that it extended its period of underperformance against its benchmark on both a net asset value (NAV)…
Scottish Financial Enterprise, the member body for Scotland’s big financial services industry, has appointed Ben Rose as its new director of public policy and communications…
Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said its revenue grew 2% to £141.6 million and profit before tax increased 13% to £10…
SSE plc, the Perth-based electricity infrastructure giant which has raised £2.5 billion in green bonds since 2017 — published on Wednesday an “updated sustainability financing framework” that…
NatWest Group said on Wednesday that its former chief executive Alison Rose will continue to receive her fixed pay package of roughly £2.4 million while…
Scotland urgently needs more pylons, power lines and substations “to cut energy bills, create energy security and tackle climate change” according to trade body Scottish…
Screen Scotland has published new figures that show strong growth in the value of Scotland’s film and TV industries to the country’s economy. The figures…
Index compiler FTSE Russell has confirmed that Edinburgh investment giant Abrdn is facing demotion from the FTSE 100 following a drop in its share price…
The UK’s public sector net borrowing excluding public sector banks (PSNB ex) in the financial year to July 2023 was £56.6 billion, £13.7 billion more…
Shares of John Wood Group, the Aberdeen-based engineering and consulting giant, rose about 4% on Tuesday after it raised its full-year revenue expectation to around…
Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), announced on Tuesday the launch of a new subsidiary in Taiwan, which…
The Scotch Whisky Association (SWA) announced that its application to register “Scotch Whisky” as a Certification Trademark in Hong Kong has been successful. Trademark recognition…
Scotland’s big financial services sector must do more to improve social mobility, according to a roundtable hosted by KPMG UK in partnership with Scottish Financial…
New trade results produced by Scottish Development International (SDI), the international arm of Scottish Enterprise, show that support it provided to companies across Scotland in…
Glasgow-based food technology startup ENOUGH — which pioneers sustainable protein production — has raised €40 million in growth funding co-led by climate tech VC World Fund…
Year end statistics from Highlands and Islands Enterprise (HIE) show it approved up to £63.2 million of investment in 489 projects by 313 clients during the…
Around 40% of Scottish firms surveyed for the latest Addleshaw Goddard Scottish Business Monitor (SBM) reported cancelling or delaying investments – on primarily physical assets…
New figures reveal that day trips to Scotland by people in Great Britain rose in the first quarter of the year. According to the Great…
The Scotch Whisky Association (SWA) has released new figures showing that the value of exports in the first half of 2023 held steady when compared…
The volume of venture capital (VC) invested into Scotland’s start-ups fell significantly in the second quarter of 2023 as the deals market continues to experience…
Investment volumes in Scottish commercial property fell 66% to £570 million in the first half of 2023 compared to the first half of 2022, according…
The Scottish Government said on Wednesday that Scotland’s “notional deficit” under the current constitutional position as part of the UK has continued to fall “at a…
Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc said it sees “signs of optimism” and a “cautiously improving outlook” as it published an update on…
By Mark McSherry Edinburgh fund management giant Baillie Gifford has explained its approach and attitude to investing its £235 billion of assets in the current…
The estimated unemployment rate for people aged 16 years and over in Scotland was 4% in April to June 2023, below the UK rate of…
Martin Gilbert’s asset manager AssetCo announced that the UK’s Financial Conduct Authority has approved its “change in control application” which will enable AssetCo to proceed with…
Edinburgh investment giant Abrdn has started to give staff access to an in-house version of ChatGPT as the FTSE 100 asset manager looks to adopt…
Aberdeen-headquartered logistics group ASCO has been bought by Leed-based private equity firm Endless LLP for an undisclosed sum. ASCO has over 1,000 employees in the…
Scottish private sector companies expanded their output for the sixth successive month in July, according to the latest Royal Bank of Scotland PMI survey. However,…
Abrdn’s £1.6 billion Murray International Trust announced that its controversial lead investment manager Bruce Stout will retire in from the Edinburgh investment giant in 2024….
Scottish salmon export sales rose 9% in the first half of 2023, with major growth in the Asian and American markets, according to Salmon Scotland…
Codebase, the operator of Scotland’s Techscaler startup support network, said it will acquire CodeClan’s training materials and other assets from the liquidator. CodeClan, Scotland’s national…
The Scottish Crofting Federation (SCF) has appointed Donna Smith as its new chief executive to replace Patrick Krause, who is stepping down in October. “We…
Media investment firm National World plc — publisher of The Scotsman, The Yorkshire Post and a number of national and local media platforms — said…
Real estate investment trust Capital & Regional announced on Thursday it agreed to acquire The Gyle Shopping Centre on the western edge of Edinburgh for…
The £609 million Baillie Gifford US Growth Trust plc said its share price and net asset value (NAV) returned -13.8% and -2.7% respectively in the year…
A new report by the London-based UK Institute for Fiscal Studies (IFS) shows the employment rate in the Highlands, Islands and North East of Scotland —…
Plans by Dutch-owned Scotch Whisky Investments (SWI) to develop a major bonded whisky storage facility in Glenrothes in Fife have taken a major step forward…
The UK is on course to experience five years of lost economic growth, the longest since the aftermath of the Global Financial Crisis, according to…