Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, announced the appointment of Iain Logan as chief financial officer. Logan, 49, has…

The ongoing shortage of candidates continues to have a huge impact on the Scottish job recruitment market — causing a sharp increase in starting salaries…

The UK government wants to scrap restrictions inherited from the European Union that ban the “naked” short-selling of UK government bonds. The UK Treasury said…

The estimated unemployment rate in Scotland was 3.2% in the March to May 2023 quarter, down 0.6 percentage points since December 2019 to February 2020 (pre-…

Tom Hunter has confirmed West Coast Capital (WCC), the investment arm of the Hunter family, has made a multi-million pound investment in Ellipses Pharma, the cancer drugs venture…

The UK government said nine of the UK’s largest defined contribution pension providers have agreed to allocate 5% of assets in their default funds to unlisted equities…

Global assets under management at asset and wealth managers fell to $115.1 trillion in 2022 – nearly 10% below the 2021 high of $127.5 trillion…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced it has appointed David Mansfield to the newly created leadership role of Managing Director –…

Fife-based timber and construction supplier Donaldson Group has appointed Alyson Donaldson as group chief financial officer. She is the first female Donaldson family member to join the…

The Scottish private sector indicated a “solid and quicker expansion” in activity during June, according to the latest Royal Bank of Scotland PMI data report….

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, announced it is undertaking a third party review of the Cononish mine plan for…

The UK’s Financial Conduct Authority said it has reviewed liquidity management in asset managers and found “that firms need to increase their focus on liquidity…

Celtic plc announced it expects that its earnings for the year ended June 30, 2023, will be “significantly higher than previous expectations” due to gains from…

Willie Watt has been re-appointed to the role of chair at the Scottish National Investment Bank for a further four years. The National Investment Bank…

Glasgow media firm STV Group plc said it has acquired, through its subsidiary STV Studios Limited, 100% of the issued share capital of unscripted television…

Centrica Business Solutions said it has secured the development rights to a 65MW two-hour battery storage plant in Perthshire, Scotland, its largest battery storage acquisition…

Norway-based EcoOnline, a leading Environmental, Health, Safety and Quality (EHSQ) software provider, announced it has signed a definitive agreement to acquire Edinburgh-based Ecometrica, a global ESG…

Investors withdrew £662 million from stock funds in June, the largest outflow since the market chaos of September 2022, according to the latest Fund Flow…

The UK’s Financial Conduct Authority (FCA) is proposing to set up a consolidated tape (CT) so that investors “can get clear and low-cost trading data.” The…

Standard Life, part of Phoenix Group, has concluded a £1 billion Bulk Purchase Annuity (BPA) transaction covering the Chubb Pension Plan and the Chubb Security…

Tokyo-based Mitsui & Co. has agreed to acquire STATS (UK) Ltd , the Kintore, Aberdeenshire-based oil and gas pipeline specialist. STATS CEO Leigh Howarth and…

Shares of Glasgow-based fashion firm Quiz plc fell about 14% after it said revenue rose 17% to £91.7 million in the year ended March 31, 2023,…

SSEN Transmission announced it has signed a joint venture agreement with the UK’s National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea…

Investment firm M&G plc announced the appointment of Caroline Connellan as the CEO of M&G Wealth, subject to regulatory approval. Connellan is the former CEO…

The massive Moray West offshore wind farm development 22km off the coast of the Moray Firth has secured a £95.5 million loan from Barclays to support…

Jim Ratcliffe, owner of Ineos Grangemouth, has criticised the UK Competition And Markets Authority’s “increasingly hostile” attitude to business. The CMA has blocked the INEOS acquisition of…

Leading Scottish law firm Brodies LLP has announced its 13th consecutive year of growth, posting record revenue of £106.25 million. Brodies said it is the…

Standard Life, part of Phoenix Group, has appointed Andrew Pearson to the newly created role of Head of Financial Education and Communication. The move comes…

Edinburgh-based Martin Currie, the specialist investment manager of Franklin Templeton, has announced the launch of its first social impact fund. A sub-fund of the Franklin Templeton…

A prominent recruitment firm for Scotland’s big financial industry has warned that the sector must embrace the wave of transformation resulting from artificial intelligence (AI)…

Economic Development Association Scotland (EDAS) has appointed Neil McInroy as chair, succeeding Liz McEntee in post. McInroy lives in Oban and has an office base…

Private real estate investment fund manager Henderson Park has acquired the Waldorf Astoria Caledonian Hotel Edinburgh for a reported £85 million. The five-star hotel in…

John Wood Group, the Aberdeen-based global engineering firm, announced it has been awarded a contract extension worth $250 million by Brunei Shell Petroleum (BSP), Brunei’s largest…

Only four in 10 of people in Scotland believe they have the skills, knowledge and experience to start their own businesses, according to a new…

Scottish Water invested a record £886 million in the last year, according to its latest annual report. But the the publicly-owned utility said the changing…

Scotland’s first two Investment Zones — Glasgow City Region and the North East — have been announced by the Scottish Government. Glasgow City Region and…

The Scottish economy so far in 2023 has performed better than was expected only a few months ago, according to the Fraser of Allander Institute’s…

Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — announced it exceeding £1 billion in core revenue…

A powerful group of UK pension schemes has argued that plans to relax the UK’s company listings rules to attract more IPOs to the London…

The Edinburgh Festivals throughout the year contribute £492 million to Edinburgh and £620 million to Scotland in “gross impact” according to the latest study by BOP…

More than 3,200 new Scottish businesses were set up last month, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s…

About 35% of the UK population could face poverty in retirement, according to Scottish Widows’ 19th annual Retirement Report. Widows said the report’s new National…

BrewDog co-founder and CEO James Watt said on Wednesday that Brexit has been “tragic” for UK business. “It has massively handicapped UK businesses that do business…

Thurso-based AMTE Power, the developer of next generation battery cells, said on Wednesday it is ‘now considering all credible options, including a sale of the…

Scottish Athletics has announce an extension to its agreement with Spanish firm Joma Sport as its kit suppliers. The new contract with Joma will run for the…

A 10-year plan to help create entrepreneurial campuses at 45 universities and colleges across Scotland has been launched by First Minister Humza Yousaf during his…

Aberdeen-based global engineering firm John Wood Group announced it has won a significant US life sciences project with GSK. “Wood has won an award valued…

Scotland’s GDP in 2022 including oil and gas extraction in Scottish waters is estimated to have been £210.7 billion in total or £38,509 per person,…

The development of the giant Rosebank and Cambo oil fields west of the Shetland Islands would save 17 million tonnes of CO2 emissions over their projected…

Quality Meat Scotland (QMS) said that turnover from primary red meat processing in Scotland is estimated to have risen for a third consecutive year in 2022,…

Euan McVicar has been appointed the new chair of Crown Estate Scotland, the public corporation tasked with managing seabed, coastline, commercial property and rural estates…

Edinburgh-based oil and gas firm Capricorn Energy said on Monday that $104 million of its $145 million “trade receivables” in Egypt is “overdue.” Capricorn, formerly…

The Caledonian Sleeper overnight train between Scotland and London has been moved into Scottish Government ownership. Sleeper services will be provided within Scottish Government ownership…

The Scottish Government’s Constitution Secretary Angus Robertson said Brexit has limited Scotland’s economic growth, restricted trade, increased food costs and diminished opportunities for young people….

The UK central bank, the Bank of England (BoE), raised interest rates by a bigger-than-expected half a percentage point on Thursday. The central bank said there…

The Scottish Tourism Alliance has published the results of its latest quarterly industry survey — showing that almost half of tourism and hospitality businesses “do…

By Mark McSherry An independent financial study into the University of Edinburgh’s economic and social impact has found that the institution generates £7.52 billion per year to…

By Mark McSherry Baillie Gifford’a flagship investment trust, the £13 billion Scottish Mortgage fund, has explained to its shareholders the extent of its investments in…

The UK’s public sector net debt surpassed 100% of gross domestic product in May — for the first time since 1961 — as May borrowing…

By Mark McSherry Edinburgh-based investment giant Abrdn plc announced that its US subsidiary Abrdn Inc agreed to acquire the healthcare fund management capabilities of Boston-based…

Martin Gilbert’s AssetCo announced that Campbell Fleming has decided to step down as chief executive officer “after overseeing the formation of the company, completing a…

Decades of underinvestment in businesses has left the UK in a “growth doom loop” according to new analysis by progressive think tank the Institute for Public…

Edinburgh-based Abrdn plc said subsidiary Abrdn Investment Management Limited (AIML) sold 21.8 million shares in HDFC Asset Management Company Limited (HDFC AMC) on the National Stock Exchange…

By Mark McSherry Baillie Gifford’s £2.6 billion Monks Investment Trust plc said its net asset value (NAV) total return was -1.6% and share price total return…

The board of the £360 million investment trust Abrdn Diversified Income and Growth plc (ADIG) — formerly known as British Assets — announced that it…

By Mark McSherry The UK’s central bank, the Bank of England, said it has launched its first system-wide liquidity “stress test” to establish how big…

Standard Life, part of Phoenix Group, said it has concluded a £80 million Bulk Purchase Annuity (BPA) transaction with the MGM Assurance Staff Pension Plan….

Glasgow-based Beeks Financial Cloud Group plc and partner IPC announced the signing of a contract with the Johannesburg Stock Exchange (JSE). Beeks is a cloud computing and…

Celtic plc announce that Brendan Rodgers has been appointed the club’s new football manager on a three-year contract. “Brendan previously managed the club to phenomenal…

By Mark McSherry Scotland remains the most attractive location in the UK outside of London for Foreign Direct Investment (FDI), according to EY’s latest Scotland…