Edinburgh Council’s transport and environment committee is to discuss a “recommended” north-south tram line which would extend the existing tram network that links the capital city’s…

Renewable technologies have delivered more electricity than Scotland uses for first time, according to the Scottish Government. It said new statistics show that renewable technologies generated…

Abertay University in Dundee announced it is to be the scientific lead in a €3.8 million study into European video game clusters. It said the…

Aberdeen-based FirstGroup plc announced it has signed an agreement to acquire York Pullman Bus Company Ltd, a business comprising five coach services brands. “York Pullman…

Lloyds Banking Group (LBG) — parent firm of Bank of Scotland, Scottish Widows and Halifax — is to cut 1,600 staff from its branch network…

By Mark McSherry The next UK government is likely to face “some of the most difficult economic and fiscal choices the UK has faced outside…

International tourism in Scotland is recovering at a stronger rate than other UK nations and regions, new figures from the UK’s Office of National Statistics…

Mid-market private equity investment activity in Scotland in 2023 fell slightly compared to the record high of 2022, according to KPMG UK’s latest Mid-market Private…

Scottish investment firm Baillie Gifford is preparing to axe dozens of jobs as part of an ongoing cost review, according to a Bloomberg report. The…

Edinburgh investment giant Abrdn plc confirmed on Wednesday it will axe 500 jobs as part of a “new transformation programme targeting an annualised cost reduction…

Aberdeenshire project management and integration company Camm-Pro said it has secured a multi million pound contract with bp to deliver a major new piece of the UK’s…

Edinburgh-based investment giant Abrdn is planning to axe hundreds of jobs as part of a move to cut about £150 million in costs. Sources said Abrdn…

Glasgow-based fashion firm Quiz plc published an update on trading for the period between December 1 and December 31, 2023, and its current cash position. “Consistent with…

The Scotland and Northern Ireland team of the Business Growth Fund (BGF) has reported another “strong” year in 2023, delivering five successful exits and investing…

The £630 million Baillie Gifford US Growth Trust plc said its share price and net asset value (NAV) returned 12.3% and 4.1% respectively for the six months…

UK central government borrowing in the financial year-to-December 2023 was £119.1 billion, £11.1 billion more than in the same nine-month period the previous year and…

The UK’s Financial Reporting Council (FRC) announced it has dropped its earlier proposals for revisions to the UK Corporate Governance Code “related to the role of…

WTW’s annual Pensions De-risking Report said the UK defined benefit pensions market is likely to see £80 billion in pension “de-risking” transactions take place in…

Kirk Dailly has been appointed as Head of the Business Services Group at Blackadders LLP, the Scottish law firm. As a partner at the firm…

More than 38,000 new businesses were set up in Scotland last year, according to new research from R3, the UK’s insolvency and restructuring trade body….

Edinburgh-based investment giant Baillie Gifford has appointed Amy Atack as a third managing partner and also four new regular partners, effective April 1. The firm’s other two…

Scottish Borders Council’s £900 million pension fund has partnered with Nuveen, the $1.1 trillion global asset manager of TIAA, to make its first allocation to natural…

A drone technology manufacturer has received almost £1 million from Scottish Enterprise to support the development of a new hybrid, heavy-lift, unmanned aircraft capable of…

Leith-based Build A Rocket Boy, the independent game developer and publisher, announced that it has closed on a $110 million Series D fundraising round. The new capital…

Scotland’s prime home market priced above £500,000, which is less reliant on borrowing, showed a resilient 1% increase in net agreed sales in 2023, compared…

Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust has reported that the fund’s net asset value (NAV) per share fell 23.6% and its share price fell 27.7%…

Intelligent Growth Solutions Ltd (IGS), the Scotland-based agritech infrastructure business, has announced a Series C fundraise of £22.5 million to support significant global expansion as the…

Skills shortages and availability of talent continue to act as a major barrier for business expansion in Scotland, according to latest Scottish Chambers of Commerce…

Shell UK said it has given the financial go-ahead for the development of the Victory gas field in the UK North Sea, approximately 47 km north-west…

Inverness-based Aurora Energy Services said it has secured funding from the Scottish National Investment Bank to bolster growth and expand its network of regional training…

Edinburgh-based Craneware plc, a provider of software for the US healthcare market, said its revenue rose 8% to $91 million in the six months ended December…

Aberdeen-based Trojan Energy, the on-street electric vehicle charging specialist, has secured £26 million investment to facilitate growth plans. The funding round comprises of £8 million from…

The Scotch Whisky industry generated £7.1 billion of Gross Value Added (GVA) for the UK in 2022 — with £5.3 billion of that generated in…

ScottishPower has unveiled £5.4 billion worth of supply chain contract opportunities as it “turbo charges” the next phase of its electricity network investment in “the…

Scottish Enterprise has unveiled its new “future focus” to help unlock thousands of new jobs and billions of pounds of global growth opportunities. The national…

The latest Royal Bank of Scotland Purchasing Managers Index (PMI) report said the rate of job creation across Scotland was the strongest of all the…

BlackRock said on Friday it will buy Edinburgh Airport owner Global Infrastructure Partners (GIP) in a deal worth $12.5 billion. BlackRock, the world’s largest asset…

Scottish Rugby announced that CEO Mark Dodson will step down in the summer of 2024. Dodson, who was appointed in September 2011, previously had his…

John Wood Group, the Aberdeen-based global engineering and consulting giant, published a trading update for the year ended December 31, 2023, showing FY23 revenue of around $6 billion,…

Perth-based electricity infrastructure giant SSE has welcomed the announcement by the UK Government that it is opening a consultation on how it intends to support…

A planning application has been submitted to the City of Edinburgh Council for a new £2 billion “West Town” neighbourhood near the Scottish capital’s airport with…

Scotland’s fintech industry has seen a 24% increase in jobs to around 10,500 over the past two years as FinTech Scotland, the fintech cluster management…

Baillie Gifford’s £700 million Edinburgh Worldwide Investment Trust has announced big changes to its board. Private equity expert Jonathan Simpson-Dent will succeed Henry Strutt as chairman…

City of Edinburgh Council said CEO Andrew Kerr plans to leave his post on June 14, 2024. The recruitment process to appoint the capital city’s…

John Wood Group, the Aberdeen-based global engineering and consulting giant, has announced two important developments for the company. Wood said it has been awarded a…

SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, has successfully issued a £500 million 20-year green bond maturing on January 15,…

Manchester based property company AM Sci Tech – a subsidiary of Hurstwood Holdings – has finalised one of the most significant property deals in the…

Edinburgh investment giant Abrdn said its Concession Infrastructure business, a long-term investor in infrastructure projects across the world, has made a strategic investment in France’s NGE…

Aberdeen-based housebuilder Stewart Milne Group has appointed administrators, with over 200 employees being made redundant. The company announced in April 2022 it was embarking on a…

VisitScotland CEO Malcolm Roughead is to retire after more than 20 years with the national tourism organisation. VisitScotland said a recruitment process for a new chief…

John Wood Group, the Aberdeen-based engineering and consulting giant, said it secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides…

Forres-based orbital launch services company Orbex announced the appointment of two tech and space sector stalwarts as the firm’s new CEO and executive chair. Entrepreneur and…

Edinburgh-based cancer therapeutics development specialist Cumulus Oncology has secured a £9 million funding package, which includes £6 million from the Scottish National Investment Bank. Cumulus…

The latest Royal Bank of Scotland Report on Jobs survey has yet again reported that permanent staff availability across Scotland fell in December — stretching…

Aberdeen-based North Sea oil and gas producer Ithaca Energy Plc said CEO Alan Bruce is stepping down “to pursue new opportunities.” Bruce oversaw Ithaca Energy’s…

LDC, the private equity investor which is part of Lloyds Banking Group, said it has made a significant investment in Kick ICT, Scotland’s largest independent…

Royal London is considering a bid to buy the Scottish Widows £6 billion bulk annuities portfolio being sold by Widows parent Lloyds Banking Group (LBG),…

The outgoing head of the UK’s Debt Management Office (DMO) has warned that Westminster politicians should be wary of provoking a backlash in financial markets by…

Stagecoach founder Brian Souter has been “extensively courted” in recent months by the SNP after distancing himself from the party during Nicola Sturgeon’s time in…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), announced it has acquired the trade and assets of US-based Single Cask…

Royal London has announced big changes to its board as its two longest-serving non-executive directors, Ian Dilks and Sally Bridgeland, retire. Dilks was appointed to…

Investment bank Peel Hunt has published a note warning that London’s stock market could shrink further in 2024 amid takeovers by foreign buyers and because…

The Scottish Greens said they have written to the Scottish Government’s Rural Affairs secretary Mairi Gougeon calling for urgent talks on tackling “problems” in Scotland’s…

HSBC has joined a number of rival high street banks competing to buy Edinburgh-based Tesco Bank as the bank’s supermarket owner starts a new effort…

The Scottish Government announced that 35 crofters and their families have received grant funding totalling over £1 million over the past year to build and…

Alliance Trust plc, the £3.4 billion Dundee fund, announced that Gregor Stewart will retire from the board and as chair of the investment trust company…

The first businesses on Fair Isle have been connected to full fibre almost two years ahead of schedule, the Scottish Government announced. A subsea fibre…

The average rent of newly listed homes across Scotland has increased sharply in the past year, according to research by property firm Rettie. “As of…

Palo Alto-based precision oncology company Guardant Health, Inc. announced it has entered into a common stock purchase agreement with Edinburgh-based investment giant Baillie Gifford for…

Edinburgh-based investment syndicate Archangels said it invested more than £13.8m during 2023 in 11 of Scotland’s most promising early-stage tech and life science companies. The…