Edinburgh investment giant Abrdn said it has “accelerated the sustainability agenda across the group” with the creation of a powerful executive sustainability committee. Chief corporate affairs…

Claudia Cavalluzzo is leaving her role as executive director of Converge, the company creation programme for staff, students and recent graduates of all Scottish universities and…

The UK’s Competition and Markets Authority (CMA) announced it is investigating the anticipated acquisition by mutually-owned Nationwide Building Society of listed bank Virgin Money UK plc….

The Edinburgh International Book Festival and Scottish investment giant Baillie Gifford have ended their 20-year partnership, citing the threat of disruption from activists. Baillie Gifford partner…

John Wood Group plc, the Aberdeen-based engineering and consulting giant, said on Wednesday it is evaluating “a fourth and final, unsolicited, preliminary and conditional” cash…

The managers of Abrdn investment trusts around the world have outlined the challenges facing investors in 2024 as almost half the world’s population vote in general…

The Scottish Land Commission has published its response to the Call for Views on the Land Reform Bill issued by the Scottish Parliament’s Net Zero,…

Scottish Land & Estates (SLE), the rural business organisation, has claimed the Scottish Government’s Land Reform Bill is “gambling with the future of communities in…

Aberdeen-headquartered Ithaca Energy Plc announced a number of changes to its board and executive management team following last month’s announcement that it will buy nearly…

UK energy regulator Ofgem announced that Caithness-based electricity generator Beatrice Offshore Windfarm Ltd (BOWL) has agreed to make a payment of £33.14 million after admitting…

Mark Wild, CEO of Scotland Gas Networks and Southern Gas Networks (SGN), has been appointed CEO of high-speed railway HS2, Europe’s biggest infrastructure project. “As one of…

Peel Ports Clydeport said it intends to invest up to £150 million in the redevelopment of the Hunterston marine yard in Ayrshire as it prepares…

Openreach is expanding its Scottish national broadband upgrade, with full fibre heading to another 120,000 homes and businesses across the country, including the ancient capital…

The Scottish National Investment Bank said on Monday its fast rate of growth “will slow in the year ahead due to reduced availability of capital.”…

Edinburgh-based investment giant Abrdn plc announced on Friday that group chief executive officer Stephen Bird will step down and that Jason Windsor, currently chief financial officer, has…

The chief executive of Edinburgh-based oil and gas firm Capricorn Energy told the firm’s AGM that Capricorn is continuing “to actively evaluate opportunities to create shareholder…

Baillie Gifford’s flagship investment trust, the £14 billion Scottish Mortgage fund, bounced back in the year to March 31, 2024, delivering a share price return…

About 89% of listed bank Virgin Money UK shareholders have voted in favour of a £2.9 billion cash takeover by mutually-owned Nationwide Building Society. The…

UK prime minister Rishi Sunak on Wednesday called a UK general election for July 4 — during the summer holidays of Scotland’s schools. Scotland’s First Minister…

A new census commissioned by Scottish Enterprise has revealed the national economic development agency is on track to meet the Scottish Government target of growing…

Grant Thornton’s Scotland Limited report for 2024 shows that Scotland’s top 100 private limited companies make reported revenue of £40 billion, EBITDA of £7 billion and…

Edinburgh and London-based private bank Hampden & Co has appointed Tracey Davidson of Handelsbanken UK as its new chief executive officer. She will replace Graeme Hartop,…

Serica Energy plc, the independent upstream oil and gas company, announced that it has received final approval from the North Sea Transition Authority (NSTA) to…

The Scottish Government has announced a £5 million package it said will help deliver “end-to-end support” for Scotland’s start-up companies. “It forms part of an…

Nearly 80% of tech industry bosses in Scotland have revealed they believe the sector will “grow rapidly” in the next five years. A report by…

Scotland attracted its highest ever number of international visitors last year, according to the 2023 International Passenger Survey by the Office of National Statistics. There…

A renewables firm has submitted plans for a £130 million flexible energy battery storage park between Bathgate and Whitburn in West Lothian. South Lanarkshire-based OnPath…

Ports from across Scotland have launched the Scottish Offshore Wind Ports Alliance (SOWPA) — a forum of the country’s leading infrastructure facilities targeted at optimising…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, announced that Nick Anderson has been appointed to its board as an independent non-executive…

Amanda Young, chief sustainability oficer for the investment business of Abrdn, has left the company. On an interim basis, Dan Grandage, head of sustainable investing,…

Port of Aberdeen has announced a record-breaking financial performance for 2023, boosted by the opening of its South Harbour expansion. The new development attracted significant…

Entrepreneurs and innovators from across the Glasgow area have started gathering for the first-ever Tech Week in Scotland. Taking place May 13-18, Glasgow Tech Week…

The University of Glasgow said a £3 million grant will help it to build one of the UK’s most advanced research facilities for silicon chip integration…

Haventus, the energy transition facilities firm and owner of Ardersier Port east of Inverness, said it has secured a £100 million joint credit facility from…

LGT Wealth Management announced that it has moved its Scotland office to a new headquarters in Edinburgh at Capital Square on Morrison Street, one of…

The University of Glasgow is to lead a consortium with support from the universities of Edinburgh, Sheffield, Stirling, Strathclyde, York and King’s College London to develop…

The £400 million North American Income Trust plc announced it has provided notice to terminate Abrdn as its fund manager and agreed to appoint Janus Henderson…

The UK’s Royal Academy of Engineering has launched a major new initiative to support engineering and technology entrepreneurs to start and grow businesses in Scotland….

John Wood Group plc, the Aberdeen-based engineering and consulting giant, announced on Wednesday it rejected an “unsolicited, preliminary and conditional” takeover proposal from Dubai-based engineering and…

TSB, the UK banking business of Spain’s Sabadell, is planning 250 job cuts and 36 branch closures. Sabadell has just turned down a takeover offer…

BrewDog co-founder and CEO James Watt announced he will step down as chief executive officer and move to a new role as “Captain & Co-Founder”…

The “relentless negativity” about UK-focused equity funds was undiminished in April as outflows totalled £665 million, taking the cumulative withdrawal of capital to £21.3 billion…

Scotland’s Gross Value Added (GVA) is expected to rise by 0.4%, down from previous forecast of 0.7%, but longer-term prospects remain encouraging, according to the…

Standard Life, part of Phoenix Group, said it has concluded the transition of over £1.6 billion of assets from the Siemens Investor Plan, following a…

2i Testing, the Edinburgh-based quality assurance and software testing consultancy, said it has secured eight-figure funding from London-based private equity firm Rockpool Investments as it aims…

Savills has reported that Central Scotland continues to see the strongest market activity in UK forestry transactions. However, the total value of the UK forestry investment…

Scotch whisky and drinks giant Diageo plc announced that Nik Jhangiani will join the company as chief financial officer (CFO), taking up the position and joining…

Aberdeen-based ROVOP, a global supplier of remotely operated vehicles (ROV) services to the energy sector, announced that it has been acquired by Louisiana-based Chouest. ROVOP…

The UK Infrastructure Bank (UKIB) has announced a £25 million direct equity investment into Invinity Energy Systems plc, a manufacturer of vanadium flow batteries to…

KPMG has released its first ever report on the state of the Scottish Economy, predicting “slow but steady growth” over the next two years. The…

Aberdeen-based engineering and consulting giant John Wood Group plc has been awarded a new decarbonisation contract by TotalEnergies (TEPUK) to support flare gas recovery in the…

Elgin-based house builder Springfield Properties plc announced that it has signed a new contract worth £10.1 million with Moray Council for the delivery of affordable…

The Scottish National Investment Bank (SNIB) and the UK Infrastructure Bank (UKIB) said they have signed a Memorandum of Understanding (MOU) “that cements their close working…

Financial mutual firm Scottish Friendly said it has appointed John McGuigan as its new chair, as well as announcing two new non-executive directors. McGuigan also…

Edinburgh-based investment giant Abrdn has completed the sale of its £7.4 billion-asset European headquartered private equity business to Nasdaq-listed Patria Investments for up to £100 million….

Glasgow-based Nebu-Flow said it has secured an additional $5.9 million of investment to accelerate the next generation of inhaled drugs for patients with respiratory disorders. The…

Scotland’s First Minister Humza Yousaf has announced that he will stand down as soon as a successor has been elected. Speaking at a news conference at…

London’s Financial Times, owned by Nikkei Inc of Japan, has announced a “strategic partnership and licensing agreement” with ChatGPT owner OpenAI. The FT said the…

Mutual fund giant Franklin Templeton is launching a “Catholic principles” exchange traded fund (ETF) which aims to provide exposure to large and mid-cap stocks of…

First Minister Humza Yousaf confirmed on Thursday that the Scottish Government’s formal co-operation agreement with the Scottish Green Party has ended. The Scottish Conservatives said…

Savings balances grew 17% in the last 12 months to a record £490 million at Scottish Building Society, the world’s oldest remaining mutual. The organisation’s…

London-based asset management giant Schroders plc announced that Peter Harrison, 57, has signalled his intention to retire as group CEO next year, after a decade…

Italian energy firm Eni S.p.A. announced that it has reached an agreement to merge “substantially all” of its upstream assets in the UK with Aberdeen-headquartered Ithaca…

The latest KPMG Private Enterprise Venture Pulse report reveals that 19 firms in Scotland shared £98 million in venture capital (VC) investment in the opening…

The Scottish National Investment Bank said it has committed a further £20 million to the Mid-Market Rent (MMR) strategy (New Avenue Living) managed by Thriving…

Funding platform Ferovinum and The Borders Distillery Company Limited in Hawick have agreed a £35 million funding package to support the distillery for the next…

The Chartered Institute for Securities & Investment (CISI) announced that Jonathan Gibson and Shaid Moughal are the new co-presidents for the CISI Scotland committee. They…

More than one million faster broadband connections have been delivered to homes and businesses across Scotland amid £1 billion of publicly-driven investment, the Scottish Government…