The Scottish Government’s “usual annual borrowing limit to address tax and welfare forecast errors” should be doubled to £600 million “as a starting point” according…

Aviva Investors and Edinburgh-based Par Equity have announced plans to deliver a “significant woodland creation and peatland restoration scheme” in West Aberdeenshire that aims to…

The UK’s Takeover Panel has extended the deadline to January 18 by which Martin Gilbert’s investment firm AssetCo plc and rival suitor Premier Miton Group…

Hawick-based Emtelle Group, a global manufacturer of “pre-connectorised blown fibre, cabling and ducted solutions,” has agreed to acquire Afripipes Middle East Operations based in Dubai. Emtelle works…

The contrarian Scottish Investment Trust plc said on Monday its share price total return for the year to October 31 was 24.3% and the net…

ScotRail has announced the appointment of its new chief operating officer from April 1, 2022, when the train operator becomes a public body. Joanne Maguire,…

CBRE Investment Management, on behalf of CBRE UK Property PAIF, has acquired Exchange Place One, the Grade A office building on Semple Street and Fountainbridge…

Dozens of Scottish and British business leaders have joined forces to warn Scottish and Westminster politicians against creating a “hostile investment environment” for the North…

Aberdeen-based global engineering and consulting group Wood plc has announced a series of UK North Sea contract awards with key clients — including Shell UK…

Lomond Group has become the largest lettings and estate agent in Scotland after acquiring DJ Alexander. The deal, supported by Lomond Group’s private equity partner…

Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, said on Friday it is in talks with shareholders over a possible fund raising…

NatWest Group plc — formerly known as RBS — is set to take a 16.66% stake in Ireland’s Permanent TSB (PTSB) after the Irish bank…

Edinburgh-based investment giant Abrdn said on Friday it will appoint former Financial Conduct Authority (FCA) boss Catherine Bradley as a non-executive director and a member of…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), said on Friday it agreed to increase its equity interests in its…

UK exports of food and drink are down £2.7 billion or 15.9% in the first three quarters of 2021 compared to pre-pandemic levels, according to…

Fife-based timber expert Donaldson Group has acquired the £100 million turnover business Stewart Milne Timber Systems (SMTS), marking the Donaldson Group’s entry into the timber frame…

Thurso-based battery cell developer AMTE Power, which went public in March, said on Thursday it has been confirmed as a partner in a new UK Government funded…

Scotland has experienced the highest growth in average household wealth in the UK over the last decade, growing by 66% versus 19% in London and 18% in…

London-based private equity real estate manager Henderson Park has exchanged contracts for the acquisition of Silverburn, the 100,000m² flagship shopping centre on the south side of Glasgow…

Odysseus Capital Management announced it has secured planning permission for the redevelopment of Edinburgh One at 60 Morrison Street — the former headquarters of Scottish…

The Scottish Land Commission has commissioned a major report “to understand more about the nature and value of rural land sales in Scotland” in a…

Abrdn’s Aberdeen Standard European Logistics Income plc (ASLI) announced the acquisition of a portfolio of newly constructed last-mile logistics warehouses “with excellent sustainability credentials” located at…

Alva-based Omega Diagnostics Group said on Tuesday that analysis from clinical samples shows that its Covid-19 antigen test performs with “the same high accuracy” on the…

Edinburgh-based crypto wallet and payments platform Zumo said it has become the first “consumer non-custodial crypto wallet” to be added to the Financial Conduct Authority’s…

Kintore, Aberdeenshire-based oil and gas pipeline specialist STATS (UK) Limited announced that its shareholders agreed to sell the company to SRJ Technologies Group plc (SRJ)…

Manchester-based self invested personal pension (SIPP) provider iPensions Group has acquired business assets of FCA-regulated firm Forthplus Pensions — currently in administration — providing some certainty to the Edinburgh firm’s 2,500-plus…

National Express Group Plc said on Tuesday it agreed to buy Perth-based transport rival Stagecoach Group Plc in an all-share transaction worth about £470 million. Following completion…

UK Finance, the collective voice for the banking and finance industry, has published its housing and mortgage market forecasts for 2022 and 2023 together with projections for 2021 full year…

The UK’s Financial Conduct Authority (FCA) said on Monday afternoon that National Westminster Bank Plc (NatWest) has been fined £264.8 million following convictions for three…

The Scottish Government said on Monday that a consultation process seeking views on Scotland’s “Not Proven” verdict and related reforms has opened. The consultation will…

Scotland’s private sector remained in expansion territory in November, according to the latest Royal Bank of Scotland Purchasing Managers’ Index (PMI) from IHS Markit. The…

Communities in East Lothian, the Scottish Borders and Northumberland have been connected via rail for the first time in years decades thanks to new services…

Pensions and financial services consultancy Hymans Robertson said climate risk could add £25 billion of additional deficit risk to FTSE 350 defined benefit (DB) pension…

Royal London confirmed on Friday afternoon it has offered to enter into “immediate and exclusive discussions” with mutual life insurer LV= — formerly known as Liverpool Victoria…

The Scottish Government’s transport minister Graeme Dey has announced the appointment of a chief executive officer and finance director for Scottish Rail Holdings, which will take…

Edinburgh commercial litigation solicitor Sheila Webster has been confirmed as the Law Society of Scotland’s 2023-24 president elect. “Sheila will assume her new role in…

Shares of Alva-based Omega Diagnostics Group fell about 30% on Friday after it published a stock exchange statement about a legal fight with the UK…

Siccar Point Energy CEO Jonathan Roger said on Friday that Royal Dutch Shell’s decision last week not to go ahead with the Cambo oilfield project west…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced the appointment of Anna Franekova to drive mergers…

Edinburgh-based Aegon UK has appointed Andy Dickson to the newly created role of Master Trust Strategic Development Director. “Andy will be responsible for building on…

The independent Scottish Fiscal Commission said on Thursday it expects a strong economic recovery in 2021-22, with Scottish GDP growing by 10.4% and economic activity…

Aberdeen-based North Star Group said it has clinched the service operations vessel (SOV) contract to support the third phase of the SSE-led Dogger Bank Wind…

The supply of permanent staff in Scotland plummeted “at a record pace” in November, while short-term staff availability also fell rapidly — forcing employers to…

Shares of Aberdeen-based bus and rail giant FirstGroup fell about 6% on Thursday after it warned about the “uncertainty around the pace of recovery in…

Edmond de Rothschild Real Estate Investment Management (REIM) said it has secured a prime residential development site in Glasgow, its first investment in Scotland, for…

Norwegian-owned Scottish Sea Farms announced that the UK’s Competition and Markets Authority (CMA) has cleared its bid to acquire Grieg Seafood Hjaltland UK, paving the…

The Scottish Government has announced that BBC Studioworks, a commercial subsidiary of the BBC, is to operate the new £11.9 million TV studio at Kelvin…

Glasgow-based fashion firm Quiz said on Wednesday its revenue increased 109% to £36 million in the six months to September 30 “further to the removal…

SSE, the Perth-based renewable power and networks giant, has received support from institutional shareholders Royal London Asset Management and Columbia Threadneedle in its rejection of…

Edinburgh-based investment giant Baillie Gifford has dominated AJ Bell’s “Most Popular Funds And Shares Of 2021” report. Baillie Gifford American, Baillie Gifford Positive Change, Baillie…

Perth-based transport firm Stagecoach Group said on Wednesday its revenue grew 27% to £579.4 million in the half-year to October 30, 2021, with profit before tax soaring…

Dundee-based publisher DC Thomson — owner of The Press and Journal, The Courier, The Sunday Post and The Beano — announced the appointment of Rebecca Miskin…

Edinburgh-based asset management giant Abrdn plc announced that it priced its Additional Tier 1 bond issue of £210 million at 5.25% — as bond market reports…

Shares of Glasgow-based cloud computing firm Iomart Group regained some of their lost ground on Tuesday after the company reported strong levels of recurring revenues…

By Mark McSherry SSE has come under a fresh attack from US activist hedge fund Elliott Management, which is now calling for the Perth energy…

The powerful trade association for the £274 billion investment trust and closed-end fund industry has said the cost of preparing prospectuses — in terms of time…

Edinburgh-based investment giant Abrdn said on Monday it has joined the ESG advocacy network the Emerging Markets Investors Alliance (EMIA). Abrdn is the newest major asset…

NATS — formerly called National Air Traffic Services — announced it has implemented the “biggest ever geographical airspace change in the UK” by removing long-established air routes over Scotland…

A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers,  said on Monday it has taken an initial 60% equity stake…

Scottish fund manager Anne Richards, the CEO of Fidelity International, has been named as the next chair of TheCityUK, the powerful lobbying group that represents the UK’s…

TSB bank said on Friday that its chief customer officer Robin Bulloch has been appointed interim CEO following the news that Debbie Crosbie has been…

Glasgow-based cloud data centre operator Iomart Group announced it has agreed a refinancing, replacing the firm’s existing single bank revolving credit facility (RCF) of £80…

Nationwide Building Society announced on Friday it has appointed TSB bank CEO Debbie Crosbie as its next chief executive and executive director, subject to regulatory approval….

Royal Dutch Shell said on Thursday it has scrapped its current involvement in plans to develop the controversial Cambo oilfield west of Shetland in a…

SSE Renewables and joint venture partner Equinor have reached financial close on Dogger Bank C, the third phase of what will be the world’s largest…

M&G Real Estate and property developer partner Qmile Group said on Thursday they have agreed pre-lets for 55% of Haymarket One at the new £350…

Edinburgh-based investment giant Abrdn announced plans on Thursday to acquire Manchester-based investment platform Interactive Investor for £1.49 billion in cash. Interactive Investor is a subscription-based platform within…

US asset management giant Vanguard has selected Edinburgh-based investment group Baillie Gifford — and its portfolio managers Sophie Earnshaw and Mike Gush — to co-manage…

The latest Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes and other post-retirement benefit plans for the…

Direct flights from Edinburgh to Newark, Chicago and Washington D.C. will resume next year as United Airlines returns to Scotland. The airline will resume its…