The volume of private equity deals in Scotland’s mid-market businesses fell 25% in the first half of 2023 amid a “significant increase” in the price…

Scottish law firm Burness Paull said its turnover rose 6% to £83.2 million in the financial year ended July 31, 2023, and profit was steady at £35.5…

Scotland’s First Minister Humza Yousaf has announced the transfer of the Clyde Mission regeneration programme to the Glasgow City Region as Scottish Government investment in…

Activity in mergers and acquisitions fell sharply in Scotland in the first half of 2023, with 25% fewer deals being announced and the value of…

The £450 million Abrdn UK Smaller Companies Growth Trust plc announced that it extended its period of underperformance against its benchmark on both a net asset value (NAV)…

Scottish Financial Enterprise, the member body for Scotland’s big financial services industry, has appointed Ben Rose as its new director of public policy and communications…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said its revenue grew 2% to £141.6 million and profit before tax increased 13% to £10…

SSE plc, the Perth-based electricity infrastructure giant which has raised £2.5 billion in green bonds since 2017 — published on Wednesday an “updated sustainability financing framework” that…

NatWest Group said on Wednesday that its former chief executive Alison Rose will continue to receive her fixed pay package of roughly £2.4 million while…

Scotland urgently needs more pylons, power lines and substations “to cut energy bills, create energy security and tackle climate change” according to trade body Scottish…

Screen Scotland has published new figures that show strong growth in the value of Scotland’s film and TV industries to the country’s economy. The figures…

Index compiler FTSE Russell has confirmed that Edinburgh investment giant Abrdn is facing demotion from the FTSE 100 following a drop in its share price…

The UK’s public sector net borrowing excluding public sector banks (PSNB ex) in the financial year to July 2023 was £56.6 billion, £13.7 billion more…

Shares of John Wood Group, the Aberdeen-based engineering and consulting giant, rose about 4% on Tuesday after it raised its full-year revenue expectation to around…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), announced on Tuesday the launch of a new subsidiary in Taiwan, which…

The Scotch Whisky Association (SWA) announced that its application to register “Scotch Whisky” as a Certification Trademark in Hong Kong has been successful. Trademark recognition…

Scotland’s big financial services sector must do more to improve social mobility, according to a roundtable hosted by KPMG UK in partnership with Scottish Financial…

New trade results produced by Scottish Development International (SDI), the international arm of Scottish Enterprise, show that support it provided to companies across Scotland in…

Glasgow-based food technology startup ENOUGH — which pioneers sustainable protein production — has raised €40 million in growth funding co-led by climate tech VC World Fund…

Year end statistics from Highlands and Islands Enterprise (HIE) show it approved up to £63.2 million of investment in 489 projects by 313 clients during the…

Around 40% of Scottish firms surveyed for the latest Addleshaw Goddard Scottish Business Monitor (SBM) reported cancelling or delaying investments – on primarily physical assets…

New figures reveal that day trips to Scotland by people in Great Britain rose in the first quarter of the year. According to the Great…

The Scotch Whisky Association (SWA) has released new figures showing that the value of exports in the first half of 2023 held steady when compared…

The volume of venture capital (VC) invested into Scotland’s start-ups fell significantly in the second quarter of 2023 as the deals market continues to experience…

Investment volumes in Scottish commercial property fell 66% to £570 million in the first half of 2023 compared to the first half of 2022, according…

The Scottish Government said on Wednesday that Scotland’s “notional deficit” under the current constitutional position as part of the UK has continued to fall “at a…

Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc said it sees “signs of optimism” and a “cautiously improving outlook” as it published an update on…

By Mark McSherry Edinburgh fund management giant Baillie Gifford has explained its approach and attitude to investing its £235 billion of assets in the current…

The estimated unemployment rate for people aged 16 years and over in Scotland was 4% in April to June 2023, below the UK rate of…

Martin Gilbert’s asset manager AssetCo announced that the UK’s Financial Conduct Authority has approved its “change in control application” which will enable AssetCo to proceed with…

Edinburgh investment giant Abrdn has started to give staff access to an in-house version of ChatGPT as the FTSE 100 asset manager looks to adopt…

Aberdeen-headquartered logistics group ASCO has been bought by Leed-based private equity firm Endless LLP for an undisclosed sum. ASCO has over 1,000 employees in the…

Scottish private sector companies expanded their output for the sixth successive month in July, according to the latest Royal Bank of Scotland PMI survey. However,…

Abrdn’s £1.6 billion Murray International Trust announced that its controversial lead investment manager Bruce Stout will retire in from the Edinburgh investment giant in 2024….

Scottish salmon export sales rose 9% in the first half of 2023, with major growth in the Asian and American markets, according to Salmon Scotland…

Codebase, the operator of Scotland’s Techscaler startup support network, said it will acquire CodeClan’s training materials and other assets from the liquidator. CodeClan, Scotland’s national…

The Scottish Crofting Federation (SCF) has appointed Donna Smith as its new chief executive to replace Patrick Krause, who is stepping down in October. “We…

Media investment firm National World plc — publisher of The Scotsman, The Yorkshire Post and a number of national and local media platforms — said…

Real estate investment trust Capital & Regional announced on Thursday it agreed to acquire The Gyle Shopping Centre on the western edge of Edinburgh for…

The £609 million Baillie Gifford US Growth Trust plc said its share price and net asset value (NAV) returned -13.8% and -2.7% respectively in the year…

A new report by the London-based UK Institute for Fiscal Studies (IFS) shows the employment rate in the Highlands, Islands and North East of Scotland —…

Plans by Dutch-owned Scotch Whisky Investments (SWI) to develop a major bonded whisky storage facility in Glenrothes in Fife have taken a major step forward…

The UK is on course to experience five years of lost economic growth, the longest since the aftermath of the Global Financial Crisis, according to…

North Sea decommissioning work offers a “significant opportunity” with £21 billion of spending forecast in the next decade, according to the UK’s North Sea Transition Authority…

Scotland’s Central Belt is experiencing above-average levels of research and innovation and business investment compared with the UK, with high levels of investment also seen…

Scottish-headquartered UK law firm Shepherd and Wedderburn has reported 7% turnover growth to £66.7 million for the year to April 30, 2023, the sixth year of…

Cytomos, an Edinburgh-based life science company that has developed a proprietary new approach to analysing cells, has secured £4 million to scale up market testing of its…

Abrdn, the Edinburgh investment giant, said on Tuesday its assets under management and administration slipped 1% to £496 billion in the first half of 2023 as…

Edinburgh and London-based private bank Hampden & Co has reported “strong” growth in client numbers over the first half of 2023 as it continued to capitalise…

A surge in bulk annuity deals is anticipated over the next five years, with 86% of pension scheme trustees expecting to approach an insurer in…

The latest Royal Bank of Scotland Report on Jobs reveals a fresh expansion in permanent job placements across Scotland in July — with the rate…

Scotland’s national digital skills academy CodeClan announced it has gone into liquidation and will cease all operations as of August 4, 2023. A statement on the…

Baillie Gifford has hit back strongly against climate activist Greta Thunberg who has pulled out of the Edinburgh International Book Festival alleging that the Edinburgh investment…

Royal London said its assets under management increased to £153 billion in the six months to June 30, 2023, from £147 billion at the end…

The UK’s central bank on Thursday raised its key interest rate by a quarter of a percentage point to a 15-year high of 5.25% — and…

Mackie’s of Scotland, the family-owned ice cream, food and drink brand, has announced record sales after pursuing an ambitious growth strategy across the UK. Mackie’s said…

Think tank IPPR Scotland has called on the Scottish government to “set a clear expectation” that all workers be paid at least the “real living…

University of Glasgow spinout firm Chemify has announced funding of £36 million, including a Series A led by Triatomic Capital. Triatomic was joined by new investors…

Standard Life, part of Phoenix Group, has appointed Callum Stewart as Head of Investment Proposition Distribution. Stewart joins Standard Life from Hyman Robertson, where he…

Thurso-based battery cell developer AMTE Power announced that executive director Kevin Brundish will be transitioning to a role of non-executive director of AMTE Power with immediate…

The Scotch Whisky Association (SWA) has warned that the largest tax increase on Scotch Whisky in 40 years, which has now been implemented by the UK…

John Wood Group, the Aberdeen-based global engineering and consulting firm, said it has been awarded a multi-year enterprise framework agreement (EFA) to continue to provide services…

By Mark McSherry Baillie Gifford’s latest “Annual Value Assessment” report on its UK authorised funds has reported that 18 of 36 funds run by the…

BT Group plc has announced the appointment of Glaswegian Allison Kirkby as its next chief executive. Kirkby will take over from Philip Jansen around the end…

Weir Group, the Glasgow-based global engineering and mining giant, saw its shares rise as much as 5% after the firm upgraded its full-year revenue and…

A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, announced that long-serving chief executive Roger White will, at a mutually agreed…

Scottish law firm Burness Paull said it has elevated four lawyers to partner in its latest promotions round. The newly appointed partners are Louise Chambers…

Scottish SMEs are spending an estimated 35% of their overheads on international payment fees when using traditional banks, according to a survey by fintech firm Wise….

Archangels, the business angel syndicate investing in early-stage Scottish life sciences and technology companies, is bolstering its funding fire power after securing a £12 million…

The UK government said on Monday it will grant more than 100 new oil and gas licences in the North Sea as part of efforts…