Aberdeen-based mechanical and electrical services company EnerMech announced on Monday the appointment of industry heavyweight Christian Brown as its new chief executive officer, effective January…

UPDATE 2 — TSB bank’s new CEO Debbie Crosbie on Monday outlined her three-year strategy “to restore the bank’s competitiveness through a relentless focus on…

TSB bank has been hit by yet another IT glitch just days after the firm and its Spanish parent Sabadell were mauled by law firm…

London-based Brooks Macdonald Group plc said it agreed to acquire Edinburgh-based asset manager Cornelian Asset Managers Group Limited from its shareholders, including senior management. “The…

New research by Family Business United (FBU) shows that the top 100 family businesses in Scotland collectively generate turnover of £20 billion, create £1.3 billion…

Trade conflicts, weak business investment and political uncertainty are weighing on the world economy and raising the risk of long-term stagnation, according to the OECD’s latest…

The North Sea oil and gas industry has huge potential to play a significant role in the energy transition and set a precedent for facilitating…

The Edinburgh and Lothians area of Scotland saw the highest increase in private rents for two-bedroom properties in the nine years from 2010 to 2019,…

The value of Scotland’s residential property market is on course to top £18 billion for the second consecutive year – despite anxiety over Brexit. New…

The massive IT crash at TSB bank last year was caused by moving to a new banking platform before it had been properly tested, an…

Edinburgh-based financial sector recruitment and headhunting company Core-Asset Consulting said on Monday it has recorded its best ever set of annual results. Core-Asset said it…

Aberdeen-based global bus and rail giant FirstGroup plc has come under new pressure from two of its shareholders to sell more of its US assets…

Global wealth grew 2.6% in the past year to $360 trillion and wealth per adult reached a record high of $70,850, according to the tenth…

Global debt surged by $7.5 trillion in the first half of 2019, hitting a new record of over $250 trillion, said a new report from…

Scottish investment veteran Willie Watt has been appointed the first chair of the board of the new Scottish National Investment Bank, which will be operational…

Edinburgh-based fund management giant Standard Life Aberdeen (SLA) said on Thursday meetings it has held with major shareholders over its directors’ remuneration are proving “valuable…

UPDATE 3 — Shares of Aberdeen-based transport giant FirstGroup fell about 20% on Thursday after it reported an increased first-half loss amid a £124 million…

Perth-based energy giant SSE plc on Wednesday warned of challenges for energy firms due to the UK election next month and the Labour Party’s plans to…

Digital bank account provider Revolut has confirmed long-standing speculation by announcing it has appointed former Standard Life Aberdeen co-chief executive Martin Gilbert as its chairman….

Shares of Edinburgh-based healthcare software firm rose almost 4% on Tuesday as it reported “good progress” at its AGM and it said Will Whitehorn, Richard Branson’s…

Glasgow-based Aggreko, the world’s largest temporary power firm, said on Tuesday its revenue was down 8% for the nine months ended September 30, 2019 — but…

Private sector business activity in Scotland declined for the first time in five months in October as service sector growth eased and the manufacturing downturn…

Israel’s Delek Group said its Ithaca Energy subsidiary, which it plans to spin off in a London stock market listing, completed a deal to buy…

Edinburgh-based video security company IndigoVision said on Monday it acquired Lisbon-based Agorasys SA (Agora) for up to €3 million. €2.3 million is payable in cash…

The number of people opting to travel between Glasgow and London by train instead of flying has reached record levels, according to Virgin Trains. In…

Moody’s Investors Service has placed the UK’s sovereign credit rating on negative outlook, saying the UK’s ability to set policy has weakened in the Brexit era…

By Mark McSherry Baillie Gifford’s flagship £8.4 billion fund, the Scottish Mortgage Investment Trust plc, on Friday defended its fondness for investing in unquoted companies…

UPDATE 3 — Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, said on Friday its CEO Clive…

The Scottish National Party (SNP) has confirmed it would seek “a progressive alliance” with the Labour Party if the UK general election next month results…

The UK’s central bank on Thursday kept interest rates on hold — but two members of the Bank of England’s monetary policy committee (MPC) unexpectedly…

World Rugby has fined the Scottish Rugby Union (SRU) £70,000 and ordered the SRU to apologise for comments it made during the Rugby World Cup…

Shares of Aberdeen-based engineering and oil services giant Wood plc rose about 9% on Thursday after it gave investors a positive trading update at its…

The Businesses in Scotland 2019 report shows that as of March 2019 there were an estimated 356,550 private sector businesses, including micro businesses, operating in…

Royal Bank of Scotland Group is preparing to sell its first social senior bond from its holding company, according to reports, aiming to use the…

Glasgow-based mutual Scottish Friendly announced on Wednesday a substantial acquisition of life and pensions policies from financial services provider Canada Life. The deal sees Scottish…

The UK Government has held exploratory discussions with the investment industry over changing listing rules to encourage high growth companies and start-ups to list in…

The Scottish Government said on Tuesday that a consultation has been launched on a potential replacement to a £780 million European funding programme — if…

The transformation of Michelin’s Dundee site — with the creation of new economic and employment opportunities — took a step forward on Tuesday with a…

Listed investment trust companies raised £1.28 billion in October 2019, the highest level of secondary fundraising ever seen in a single calendar month, according to…

Premiership Rugby (PRL) said on Tuesday that English champions Saracens have been given a 35-point deduction and fined £5.36 million after they were found guilty…

Glasgow-based housebuilding firm Mactaggart & Mickel said on Tuesday its turnover rose £2.4 million to £84.7 million in the year to April 30, 2019. Profit…

The Aberdeen City Region’s economy is showing signs of modest recovery and is forecast to grow in the years ahead, according to a major new…

Shares of Glasgow-based global engineering giant Weir Group rose 3.5% on Tuesday after it announced a £30 million cost reduction programme amid a 32% fall in…

Scottish financial planning firm Anderson Anderson & Brown Wealth Ltd (AAB Wealth) announced on Monday the appointment of Benny Higgins as its non-executive chairman. Higgins…

The Federation of Small Businesses (FSB) has revealed statistics that show that 1.2 million Scots – about half of the private sector workforce – are…

On her first day as CEO of Royal Bank of Scotland Group on Friday, Alison Rose shared her vision for the company with staff —…

RBS said it has joined forces with Mastercard, Motive Partners and EFM Asset Management to invest in a business called Pollinate that will look to…

Troubled East Kilbride-based Goals Soccer Centres plc has been bought in a prepack administration by a new entity backed by the family of company’s original…

Edinburgh-based investment giant Standard Life Aberdeen (SLA) said it has sold more shares in Indian insurer HDFC Life for about £622 million net of taxes…

Royal Bank of Scotland said it has completed the pricing of $750 million of subordinated notes due in 2029. RBS said the proceeds would be…

The UK’s floating offshore wind sector can deliver £33.6 billion of economic activity (Gross Value Added) by 2050. That’s a main finding of a joint…

The US Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain US growth. However, the Fed also signaled…

Edinburgh-based investment giant Standard Life Aberdeen — one of Scotland’s biggest employers — has introduced a new parental leave policy that allows all parents, regardless…

Legislation for a UK general election on December 12 has cleared the House of Commons, with MPs voting in favour of the move by 438…

Global new bond issuance through September 2019 totaled $5.26 trillion, up 10.8% relative to the first three quarters of 2018, said S&P Global Ratings Research…

Crown Estate Scotland said it raised £32.4 million of capital against a target of £10.6 million and returned £11.4 million revenue to the Scottish Government…

Retirement and investment firm Embark Group has agreed in principle to acquire the advised and partnership client books of Dundee-based Alliance Trust Savings (ATS) from…

Edinburgh-based next generation battery technology developer Dukosi announced on Tuesday it has been 100% acquired by San Jose-based investment firm KCK. Dukosi is a developer…

Shares of oil and gas firm i3 Energy soared almost 50% on Tuesday after it announced it discovered around 200 million barrels of oil in…

Aberdeen-based Well-Safe Solutions said on Monday it secured a new £66 million investment to fund the next phase of its plans as a “tier one…

The European Union on Monday agreed a three-month “flexible” delay to the UK’s proposed departure from the EU. Just days before the UK is formally…

Shares of Edinburgh-based oil and gas company Cairn Energy fell 9% on Monday after it said a long-awaited tribunal decision on its proceedings against India won’t…

Deutsche Bank’s asset management arm DWS said on Friday it now sees a 45% chance that Britain will not leave the European Union at all,…

Amazon said it has signed what will be the largest corporate wind power purchase agreement (PPA) in the UK, located on the Kintyre Peninsula, Scotland….

Edinburgh-based funds platform Nucleus Financial Group on Friday published an update on its assets under administration (AUA) for the three months to September 30, 2019.  Nucleus said its…

UPDATE 2 — The UK’s Competition and Markets Authority (CMA) said on Thursday it will investigate whether OVO Energy’s £500 million deal to buy Perth-based…

UPDATE 3 — Royal Bank of Scotland Group on Thursday reported an attributable loss of £315 million for the third quarter amid a PPI charge…

Brexit uncertainty has already cost the Scottish economy around £3 billion – relative to where it would have been – according to new research from…

The value of private equity (PE) deals taking UK-listed companies private more than trebled to £14 billion in 2018-19, up from £3.8 billion the previous…

Longmead Capital has bought the office building at 123 St Vincent Street in central Glasgow from Aviva for £37.8 million in one of the largest…