A new report shows there has been a shift in the ownership of investment trust companies away from wealth managers and towards institutions and private…

Glasgow-based Solasta Bio, an agri-biotech company specialising in the next generation of green insecticides, announced two significant developments which it said accelerate its path to regulatory…

Joe Griffin has been appointed Permanent Secretary to the Scottish Government and will take up the post in April 2025. Griffin is currently Director General…

More than £100 million of funding to support Modern and Foundation Apprenticeships in 2025-26 has been confirmed by Education Secretary Jenny Gilruth. Contracts will now be…

Martin Gilbert’s asset manager AssetCo changed its name on Friday to River Global — a day after the investment firm announced its results for the year…

Mutually-owned Royal London, the life insurance, pensions and investment company, announced its 2024 results showing assets under management increased to a record £173 billion and…

The £5.2 billion Dundee-headquartered investment trust company Alliance Witan, has reported its 2024 results showing strong net asset value total return of 13.3%. Nonetheless, the fund…

The UK’s Competition and Markets Authority (CMA) said it has cleared the anticipated acquisition by William Grant & Sons Group of The Famous Grouse, Naked…

Growth expectations for the Scottish economy in 2025 are now weaker than previously anticipated, with an expected GVA growth of just 0.9% this year, 1.5%…

HSBC Holdings plc announced that Ian Stuart, currently CEO of HSBC UK, has been appointed as Group Customer and Culture Director. HSBC said this is…

The Port of Cromarty Firth said the UK Government has awarded it more than £55 million “in a huge boost to secure critical facilities needed…

Pioneering Scottish business Beta Bugs has secured a multi-million pound investment as it looks to become a global leader in insect genetics. Beta Bugs was…

Edinburgh-based biotech company Lentitek Ltd has secured £700,000 in private funding from Equity Gap, the Scottish angel investment syndicate, bringing its total investment to £1…

Scottish Wildlife Trust has announced the purchase of the 7,618-hectare Inverbroom Estate, near Ullapool, for £17.5 million following a “large private donation.” The deal is…

The UK business of German construction and real estate consultancy Drees & Sommer announced the acquisition of Scotland-based RSP Consulting Engineers LLP. RSP has offices in…

SSE plc Chief Commercial Officer Martin Pibworth has been appointed CBI Scotland Chair. SSE plc, the Perth-based electricity infrastructure giant, is the largest listed firm…

Equity investment levels in Scotland’s smaller businesses grew in 2024, bouncing back from a more difficult 2023, according to new research from the British Business…

Shares of Edinburgh-based investment giant abrdn rose as much as 12% on Tuesday as it returned to profit and abandoned its ridiculed, vowel-light brand name…

UK smaller companies are the “most unloved stocks in the world” according to new research by Edinburgh-based investment giant Abrdn. The global investment company looked…

Scottish businesses have created more than 400,000 apprentice jobs since the formation of the national skills agency Skills Development Scotland (SDS) in 2008. This milestone…

Subsea Micropiles Ltd. has secured £9.2 million to further develop its technology and expand operations in Scotland, which is expected to support around 100 jobs…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it entered into a binding agreement to acquire Mining Software Holdings Pty Ltd (Micromine),…

Edinburgh-based investment giant Abrdn plc announced the appointment of Siobhan Boylan of Coutts & Co as chief financial officer and executive director of the company,…

The number of overdue invoices on the books of Scottish businesses reached a three-year high in January, according to new research from R3, the UK’s…

Simpsons Malt Limited announced that it has supported more than 120 contracted farmers in achieving the UK’s first Farm Sustainability Assessment (FSA) Gold verification for…

Macfarlane Group, the Glasgow-based protective packaging, design and distribution firm, said its 2024 revenue slipped 4% to £270.4 million but profit before tax increased 3% to £20.9…

Embattled Aberdeen-based engineering and consulting giant John Wood Group announced on Thursday the appointment of Iain Torrens as interim chief financial oficer (CFO) amid a “critical…

The 2025-26 Scottish Budget has been approved by the Scottish Parliament, including £21.7 billion for health and social care services and more than £15 billion…

The University of Edinburgh’s principal and vice-chancellor Peter Mathieson has unveiled plans for up to £140 million of cuts to tackle severe financial difficulties. Mathieson announced “radical…

Scotland’s gross domestic product (GDP) grew by 1.1% for the whole of 2024 compared to 2023, while quivalent growth for the UK was 0.9%, the…

New analysis commissioned by the Abrdn Financial Fairness Trust has found that 32% of households in Scotland say they having nothing in savings. For the rest…

Approval has been issued to start the next phase of work to explore the case for extending the Borders Railway to Carlisle. Following recent confirmation…

The Denmark-based Arla Foods dairy cooperative has announced a proposal to invest €107.7 million into its Lockerbie site in Scotland, to support the farmer-owned cooperative’s future…

Troubled Aberdeen-based engineering and consulting giant John Wood Group confirmed on Monday afternoon that it has received a new approach from Dubai-based firm Sidara in relation…

Scottish biotech engineering company uFraction8 has secured £3.4 million in new investment following the completion of a funding round led by the Foresight Group. The…

UK Prime Minister Keir Starmer said on Sunday the UK government will provide an extra £200 million of investment for Grangemouth as the oil refinery…

A new report from the UK’s Institute for Fiscal Studies (IFS) shows there were 585,000 public sector workers in Scotland in 2024, representing 22% of…

SSE announced that its Chaintrix-Bierges and Vélye Wind Farm in northeast France is fully operational after completing the 28MW onshore wind farm. This is the…

The UK’s Competition and Markets Authority (CMA) announced that four major banks — Citi, HSBC, Morgan Stanley and Royal Bank of Canada — will pay…

Scottish Widows grew its workplace pensions assets under administration by 17% to £108 billion in 2024. The business is part of Lloyds Banking Group, which…

Embattled Aberdeen-based engineering group John Wood Group said on Thursday it has been awarded a $120 million contract extension by Shell UK Limited to provide brownfield…

Troubled Aberdeen-based engineering and consulting giant John Wood Group announced late on Wednesday that its chief financial officer (CFO) Arvind Balan “has tendered his resignation and the…

Beeks Financial Cloud Group, the Glasgow-based private infrastructure and connectivity provider for financial markets, published an update on trading for the six months ended December 31,…

Kelso Pharma, the growing specialty pharma business backed by Apposite Capital, the healthcare specialist private equity investor, announced the acquisition of the UK pharma business,…

Pulpex Limited, the sustainable packaging technology company, announced a £62 million Series D investment round led by the UK’s National Wealth Fund (NWF) and the…

Beeks Financial Cloud Group, the Glasgow-based private infrastructure and connectivity provider for financial markets, said Grupo Bolsa Mexicana de Valores (BMV), the second-largest exchange in Latin…

The total value of all private housing in Scotland has risen by £220 billion to £546 billion in the last 10 years, according to new research by…

Aquis, the “challenger” stock exchange, said CEO Alasdair Haynes has informed the board of his decision to step back from the day-to-day running of the…

Leading Scottish law firm Brodies LLP announced the election of a new chair, with partner Iain Rutherford to take on the role from May 1,…

Deloitte said it has appointed David Mitchell as its new office senior partner for Glasgow. In his new role, Mitchell will be responsible for leading…

Mowi, Scotland’s largest aquaculture company, has announced its purchase of Sanda Island off the southern tip of the Kintyre peninsula in Argyll and Bute. The…

New research from Scottish Widows has revealed that 72% of UK employees say it is important that their employer offers a “responsibly invested” pension. Yet…

Isle of Barra Distillers said the firm has secured two new major export agreements with China and Hong Kong. Working with two distribution partners, this brings…

Shares of Elgin-based house builder Springfield Properties plc rose as much as 10% on Monday after the company published results for the six months ended…

Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust has become the latest closed-end fund company to defeat New York activist hedge fund Saba Capital Management….

NatWest — the banking group formerly known as RBS — has reported a 2024 pretax operating profit of £6.2 billion, up 0.3% on the prior…

Shares of Aberdeen-based engineering and consulting giant John Wood Group fell as much as 50% to around 31p on Friday after it published a “difficult”…

The North East of Scotland will be transformed by over £30 billion of investment over the coming decade, according to research in a landmark report…

International sales of Scottish salmon hit a record high of £844 million in 2024, soaring by 45% in a year to remain the UK’s top…

The Scotch Whisky Association (SWA) has released global export figures that show the value of Scotch exports stood at £5.4 billion in 2024. The SWA…

Baillie Gifford’s £1 billion investment trust company Scottish American Investment Company (SAINTS) reported that its net asset value (NAV) total return of 6.1% “significantly lagged”…

Scotcoin — the “ethical crypto” — said it made its debut on the MEXC cryptocurrency exchange at 10am UK time on Wednesday “in a move that…

Standard Life, part of Phoenix Group, has successfully concluded a £250 million Bulk Purchase Annuity transaction with the Finning Pension Scheme, which is sponsored by…

NatWest Group — the bank formerly known as RBS — has announced an updated package of targeted lending and support for UK social housing “aimed…

Aberdeen consulting giant Wood has been awarded an engineering scope for the Ngovayang Iron Ore project in Southern Cameroon, one of the first mining projects in…

Scotland’s strengths in creative industries, life sciences and the offshore wind sector are to be showcased at the global Expo 2025 Osaka in Japan later…

Glasgow Prestwick Airport (PIK) has welcomed its first Hong Kong Air Cargo (HKAC) flight — making HKAC the first Far East airline to operate at…

Scotland’s market for £1 million-plus homes recorded more sales last year, led by continuing demand for family properties and well-presented country houses, according to a…

The UK government is set to sell a record £13 billion of 10-year bonds after attracting the highest-ever demand for such securities from investors keen…

January saw a “softer contraction’ in Scotland’s private sector output that was driven by a renewed uplift in services activity but partly offset a further…