Saudi Arabia’s PIF sovereign wealth fund will buy a 49% stake in luxury hotel group Rocco Forte Hotels and help to support its expansion, the…

Asset management firm River and Mercantile — owned by Martin Gilbert’s AssetCo — announced it has changed its name to River Global. In recent years,…

The proportion of London-listed shares held by overseas investors increased again to a record high of 57.7% of the value of the UK stock market…

Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, announced that it has signed a binding agreement for the sale of 45…

Edinburgh-based battery technology developer Dukosi Ltd has announced the appointment of Mark Pinto as the company’s new chief executive officer. Pinto will succeed Nat Edington, who has resigned for personal…

After Spanish infrastructure giant Ferrovial’s recent announcement of a near $3 billion deal to sell its 25% stake in Heathrow, other airports across Europe — including…

SSEN Transmission announced it will recruit 400 new employees across the north of Scotland in the next 12 months amid a £20 billion investment programme. SSEN…

The £270 million Baillie Gifford UK Growth Trust plc has reported “another period of poor portfolio performance” for the six months to October 31, 2023, Over…

Former UK finance minister and veteran Scottish Labour politician Alistair Darling has died aged 70, the Press Association reported. The long-serving MP died after spending…

Aberdeen-based international subsea equipment rental and solutions firm Ashtead Technology has further expanded its mechanical solutions service offering with the acquisition of Turriff-based ACE Winches…

Scottish Equity Partners (SEP) said it has made a significant growth equity investment in Braincube, a manufacturing data software company headquartered in Issoire, France. The €80…

Edinburgh investment giant Abrdn announced that its investment companies head William Hemmings has decided to retire and that Christian Pittard has taken on a newly…

John Wood Group, the Aberdeen-based engineering and consulting giant, said it has secured a two-year contract extension with Equinor UK Limited to support energy production…

A new report published by the Scottish Land Commission (SLC) shows the value of farmland in Scotland rose substantially between 2020 and 2022 — surging by…

The value of Scottish exports increased 11.3% from £71.8 billion in 2020 to £79.9 billion in 2021, according to the Export Statistics Scotland 2021 report…

Average rents for 2-bedroom properties in the private rented sector increased in Scotland by 14.3% in the year to September 2023 to reach an average…

Abrdn China Investment Company Limited (ACIC) announced that heads of terms have been agreed in principle for a proposed combination of the fund with the assets…

Edinburgh-based investment firm Frontier IP, a specialist in commercialising intellectual property, announced that Jim Fish intends to step down as chief financial officer (CFO) after 10…

Scottish “impact” investor SIS Ventures has released its inaugural impact report to highlight “the positive impacts on people and planet delivered by its investee companies.”…

Shares of Abrdn European Logistics Income plc, a real estate investment trust with assets of almost €660 million, rose about 6% on Monday after it announced a…

Leading Scottish law firm Brodies LLP has announced several significant promotions as it prepares to implement its 2024 to 2027 strategic plans. Stephen Goldie will…

About 2,500 jobs are at risk at Lloyds Banking Group plc (LBG) — owner of Bank of Scotland, Scottish Widows and Halifax — according to…

The City of Edinburgh Council announced it will contribute £60,000 to Filmhouse (Edinburgh) Ltd supporting the return of the Edinburgh Filmhouse building at 88 Lothian…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said on Friday it has appointed administrators. In a stock exchange statement…

Edinburgh fund management giant Baillie Gifford has revealed that 25% of the money the firm invests is now entrusted to it “by clients who wish…

Shares of Glasgow-headquartered Virgin Money UK plc fell as much as 7% on Thursday after it said its profit before tax fell 42% to £345…

Aberdeen-headquartered transport giant FirstGroup plc said its first-half adjusted profit before tax more than doubled to £71.3 million in the 27 weeks to September 30,…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said it expects its adjusted profit before tax for 2023 to be ahead of last year and…

Weir Group, the Glasgow-based global engineering and mining giant, said it has acquired SentianAI, a Swedish-based developer of AI solutions “that optimise performance in minerals processing.”…

UK finance minister Jeremy Hunt said on Wednesday he would explore options for a NatWest share offer to the public in the next 12 months, to…

UK finance minister Jeremy Hunt has cut national insurance payments for about 27 million people in his autumn statement ahead of a general election expected next…

Grangemouth operator Petroineos has announced that fuel refinery operations at the site will cease in the Spring of 2025 and the plant will be transformed into…

AEG Europe, owners of The O2 venue in London, are seeking planning approval for an 8,500-capacity arena at Edinburgh Park. “With unrivalled public transport and…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said it expects “to proceed with an administration process for SGZ Cononish…

Prominent Scottish fund manager Anne Richards is unexpectedly stepping down after five years as CEO of Fidelity International, leaving the asset manager without an immediate replacement. Fidelity…

Glasgow-based Alba Bank – the UK’s newest challenger bank dedicated to supporting SMEs – has made a significant step towards supporting the UK’s small- and medium-sized…

Shutting down obsolete North Sea oil and gas platforms is a business opportunity worth more than £20 billion over the next decade, according to calculations…

Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc rose as much as 8% after the firm said it is confident of a return…

The value of venture capital (VC) invested into Scotland’s start-ups rebounded significantly in the third quarter of 2023 due to a handful of high value…

The UK’s public sector net borrowing excluding public sector banks (PSNB ex) in October 2023 was £14.9 billion, £4.4 billion more than in October 2022…

Abrdn CEO Stephen Bird had “a personal preference” to sell the firm’s £368 billion investment management business after completing its acquisition of Interactive Investor last…

A bottle of Scotch whisky has been sold for almost £2.2 million ($2.7 million) — an auction record for a bottle of wine or spirits, according…

The managers of the £380 million Baillie Gifford European Growth Trust plc admitted their investment style “is very much out of favour” and they have “undoubtedly…

Edinburgh asset management giant Abrdn and China Construction Bank, the second largest bank in China, signed a memorandum of understanding during the China International Import…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), announce that it has agreed a new financing facility of £15 million…

Troubled Thurso-based battery cell developer AMTE Power has announced a conditional subscription agreement to raise £2.5 million at 1.7p per ordinary share from Pinnacle International Venture…

Intelligent Growth Solutions Ltd (IGS), the Scotland-based agritech infrastructure business, has launched a world-first international research network to fast-track “vertical farming” innovation. The network is designed…

Inflation in the UK slowed by more than expected in October as household energy prices fell and services sector price growth also eased. Annual consumer price…

SSE plc, the Perth-based electricity infrastructure giant, said its capital investment expectations have been upgraded by £2.5 billion to £20.5 billion for its five-year investment…

Glasgow-based Glox Therapeutics, a company pioneering the development of precision antibiotic therapies based on naturally occurring bacteriocins, announced it has raised £4.3 million in seed…

Social Security Scotland has published its Annual Report and Accounts, which show that it made £641 million in direct payments in the year to March…

Beeks Financial Cloud Group plc, the Glasgow-based cloud and connectivity provider for financial markets, announced the signing of a multi-year contract with a “Tier 1 investment…

XLCC, the high voltage direct current cable (HVDC) manufacturing company, said it has been awarded a £9 million grant by Scottish Enterprise to continue the…

Phoenix Group said it has increased its cash generation targets after completing “the funds merger of the Standard Life and Phoenix Life businesses into Phoenix Life…

Mocean Energy, the Edinburgh and Aberdeen-based wave energy pioneer, said it has raised £2.2 million new equity alongside a £500,000 grant to drive the commercialisation of…

Kelso Pharma, the growing specialty pharma business, has taken the first step in a European expansion strategy by agreeing to acquire Italian specialty pharma company…

Scottish private sector companies increased their workforce numbers in October. The rate of job creation in Scotland was the fastest in five months and the…

The value of Scottish salmon exports has risen 7% in a year as international demand continues to grow. New HMRC data analysed by trade body…

NatWest said on Friday it is planning to cancel about £7.6 million in pay and awards for its former CEO Alison Rose following a law…

John Wood Group, the Aberdeen-based engineering and consulting giant, said its third-quarter revenue rose 8% to $1.477 billion. Group revenue for the first nine months of…

Financial and related professional services exports from Scotland increased 3.1% year on year in 2021 to £9.2 billion, according to a new report from TheCityUK called…

Edinburgh-based oil and gas firm Capricorn Energy has announced the postponement of its “Detailed Operational Update” previously planned for November 30, 2023. “This is due to…

Scottish Enterprise (SE) said its figures for the 2022-23 financial year reveal it has supported the highest-ever number of academic spin outs via its High…

Salaries paid to newly-placed permanent staff in Scotland continued to increase at a “marked pace” in October, according to the latest Royal Bank of Scotland…

Fast-growing Aberdeen-based accountants and business advisors AAB announced the appointment of Emma Lancaster as its new chief executive. Lancaster will succeed Graeme Allan, who has been…

The UK’s data watchdog, the Information Commissioner Information (ICO), has apologised to former NatWest chief executive Alison Rose for suggesting that she personally breached data rules…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said on Tuesday it is considering the appointment of administrators over the…

Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, announced that it has signed a new affordable housing contract worth £6.1 million…

By Mark McSherry Edinburgh-based investment giant Baillie Gifford revealed on Monday that its assets under management and advice have fallen again — this time to…

Souter Investments said it has agreed terms to acquire Premier Hytemp, a global provider of turnkey metals and precision engineering solutions for the energy industry….