The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses just six months since…

Alliance Trust plc, the £3.9 billion Dundee-headquartered fund, announced that its external investment manager Willis Tower Watson (WTW) has appointed a new stock picker for…

Eva Cairns has joined Scottish Widows as Head of Responsible Investments and Stewardship. Cairns joins Scottish Widows after 13 years with Abrdn, where most recently…

Scottish businesses want any future UK government to tackle labour and skills shortages, reduce UK business taxes and invest more in infrastructure, according to the latest Addleshaw…

Forres-based spaceflight company Orbex said it has raised £16.7 million from six backers in an update to its Series C funding round. Orbex has headquarters and production facilities…

Edinburgh-based oil and gas firm Capricorn Energy announced that Craig van der Laan, its non-executive chair since February 2023, has decided not to stand for re-election…

RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland have published a detailed Industrial Growth Plan (IGP) setting out “how to…

New York-based Global Infrastructure Partners (GIP) announced that it has entered into a binding agreement to sell a 50.01% stake in Edinburgh Airport to France’s Vinci…

Scotland’s leading organisation for building resilience against cyber and fraud crime, the Cyber and Fraud Centre – Scotland, has appointed former Police Scotland Detective Superintendent…

Latest estimates sourced from the UK’s Office for National Statistics (ONS) show that the Scotland’s unemployment rate for people aged 16 and over was 4% down…

Aberdeen-based global engineering and consulting giant John Wood Group has been urged by activist investor Sparta Capital Management — which claims to be a “significant” Wood…

Scotland’s public sector procurement spend generated more than £13 billion in economic activity and contributed £7.5 billion to Scotland’s GDP in 2021-22, a new report…

Professor Anton Muscatelli has announced plans to retire as Principal and Vice-Chancellor of the University of Glasgow at the end of 2025 after more than…

The headline Scotland Business Activity Index – the index that measures the month-on-month change in the combined output of Scotland’s manufacturing and service sectors –…

The Open Call for project funding bids for Glasgow City Region’s £160 million Investment Zone has generated substantial interest from across the region. At the close of…

Scottish Rail Holdings announced that Joanne Maguire has been appointed interim managing director of ScotRail following Alex Hynes’ two-year secondment to the UK Government Department…

The Royal Conservatoire of Scotland has retained its place as one of the world’s top 10 performing arts schools, according to prestigious global rankings published on…

John Wood Group, the Aberdeen-based global engineering and consulting giant, has appointed Jess Stanley as President of its Americas Operations, joining the business unit’s global leadership…

Edinburgh investment giant Abrdn is facing “corporate bullying” by the media following its controversial rebrand, according to Peter Branner, the asset manager’s chief investment officer…

Baillie Gifford’s $1.2 billion Schiehallion Fund — which invests in private businesses that may go public — has reported that its ordinary share net asset value…

Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, has announced a strategic partnership with South Africa-based Securities & Trading Technology (STT),…

Abrdn’s £440 million Dunedin Income Growth Investment Trust has reported net asset value (NAV) total return of 6.7% for the year to January 31, 2024,…

Proxy advisor Glass Lewis has urged Abrdn shareholders to vote against the Edinburgh asset management giant’s remuneration report due to the £675,000 salary of its new…

Network Rail has announced the start of its five-year £4.8 billion investment plan for Scotland. Between April 2024 and March 2029, the money will be…

Scottish ferry company Caledonian MacBrayne announced that current CEO Robbie Drummond is stepping down with immediate effect. Duncan Mackison, former CEO of CalMac Holding Company,…

The FTSE Small Cap Index will cease to exist by 2028 if the current level of takeover activity continues and the UK initial public offering (IPO)…

Edinburgh-based investment giant Abrdn plc announced that for the 2024 proxy voting season it has “strengthened its approach to the independence of audit committees in developed markets,…

The £125 million Baillie Gifford China Growth Trust plc announced that its net asset value total return was negative 40.9% and its share price total return…

Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc fell about 5% after it published an update on trading for the year to March 31,…

US broadcaster Game Show Network has placed an order of 100 episodes for STV Studios’ quiz show format, Bridge of Lies, to launch in June….

Edinburgh-based dental biotechnology firm Calcivis has secured £5 million in funding to help roll out its cutting-edge dental technology. The company’s latest investment round was…

The Scottish Government’s external affairs secretary Angus Robertson will visit Washington and New York this week to promote Scotland to North America “as a place…

Scottish law firm Burness Paull said it has elevated four lawyers to partner across its energy, technology and real estate businesses. The newly appointed partners are…

New powers enabling Scottish councils to charge up to double the full rate of council tax on second homes come into force this week, the…

Lothian Buses has announced it will return dividends of £3.2 million to its public sector owners — the first dividends since 2019 — thanks to…

Edinburgh-based upmarket home builder Cala Group, currently owned by Legal & General, has reported a 2023 profit before tax of £112.3 million, down about 33% from £169.2 million…

The £440 million Abrdn Property Income Trust (API) will be wound down after a proposed merger with rival fund Custodian Property Income REIT (CREI) failed to get…

The latest Deloitte-sponsored quarterly Economic Commentary from the Fraser of Allander Institute (FAI) at Strathclyde University shows that the Scottish economy “is likely to be recovering…

Edinburgh-based oil and gas firm Capricorn Energy said on Thursday its loss after tax more than doubled to $144 million as revenue fell about 12%…

Startup companies supported by the Scottish Government’s Techscaler programme — which is delivered by tech incubator Codebase — attracted investment of more than £52 million in…

Trade body Salmon Scotland has warned that salmon farming companies have faced increased red tape and costs triggered by the UK’s departure from the EU…

The Scottish Tourism Alliance (STA) has confirmed the appointment of Rebecca Brooks as its new chair, succeeding Stephen Leckie who was recently appointed chair of…

Ember, the Edinburgh-based electric bus service, announced that it has raised an £11 million Series A financing round, led by Inven Capital, 2150 and AENU. Existing…

UK energy regulator Ofgem announced that a provisional funding package of £3.4 billion has been announced for a proposed subsea and underground 500 km electricity…

Shares of A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, rose as much as 9% after the firm said…

The new KPMG Venture Pulse Survey has revealed that venture capital investment in Scottish firms dropped from a record high of £707 million in 2022…

Abrdn CEO Stephen Bird has said that breaking up the Edinburgh investment giant — a move that some analysts have called for — would be…

The £550 million Baillie Gifford Shin Nippon investment trust said the company’s net asset value per share declined 14.9% and its share price fell 20.5%…

US hedge fund and activist investor Elliott Investment Management has acquired a 5.037% exposure stake in Baillie Gifford’s £14 billion flagship fund, the Scottish Mortgage…

Aberdeen-headquartered transport giant FirstGroup plc announced that it has been awarded the contract by Transport for London (TfL) to operate the IFS Cloud London Cable…

Glasgow-based media firm STV Group plc has confirmed that it has accepted new financial terms with its regulator, Ofcom, to renew its Channel 3 licences for…

Debbie Crosbie’s mutually-owned Nationwide Building Society has confirmed a proposed £2.9 billion cash deal to buy listed Virgin Money UK plc that the companies flagged two…

STV Studios announced it has secured a 40-episode commission from Warner Bros. Discovery UK & Ireland to produce a brand-new series of The Yorkshire Auction House, Celebrity…

National Grid plc’s Electricity System Operator (ESO) has published a report called “Beyond 2030” which proposes a £58 billion investment in the British electricity grid…

Staffscanner, the Glasgow-based staffing provider and technology platform, is to triple in size following a grant award of almost £1 million from Scottish Enterprise. The…

The Land Reform (Scotland) Bill has finally been introduced to the Scottish Parliament. The Bill includes measures that would apply to large landholdings of over…

Baillie Gifford’s flagship investment trust, the £14 billion Scottish Mortgage fund, announced it will make at least £1 billion available to buy back its shares over…

The turnover of Scotland’s life sciences cluster surpassed £10 billion in 2021, according to new figures from the Scottish Government. In 2021, about 33,400 people…

Rothesay, the UK’s largest pensions insurance specialist, announced that it has agreed to acquire the £6 billion Scottish Widows in-force bulk annuity portfolio from Lloyds…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, has announced the acquisition of East Anglia-based Allpack Packaging Supplies Limited for up to £3.25 million. “This…

A new executive education programme to address the growth barriers faced by impact-oriented businesses in Scotland has been launched. Strathclyde Business School is to deliver…

Aberdeen-headquartered transport giant FirstGroup plc said it “anticipates that its FY 2024 group adjusted operating profit and group adjusted earnings will be slightly ahead of…

The Association of Investment Companies (AIC) has published detailed analysis of how investment trusts have changed since 2000. At the end of 1999, 88% of…

The UK’s Financial Conduct Authority (FCA) announced that it “will not object” to requests from Recognised Investment Exchanges (RIEs) to create a UK listed market…

Scotland Gas Networks plc issued a stock exchange statement on Monday saying the UK Gas and Electricity Markets Authority, the governing body of the Office of…

Alliance Trust plc, the £3.4 billion Dundee-headquartered fund, has published its results for the year ended December 31, 2023, showing total shareholder return of 20.2%. This…

The UK’s Office of Rail and Road (ORR) said it has given the go-ahead for Grand Union Trains, an open access operator, to start a…

Debbie Crosbie’s mutually-owned Nationwide Building Society said it has reached a preliminary agreement to buy listed Virgin Money UK plc in a £2.9 billion potential cash…

UK finance minister Jeremy Hunt delivered his budget speech on Wednesday, confirming a widely expected cut of 2 percentage points to National Insurance. However, Hunt…

Agricultural organisation NFU Scotland has announced a new partnership with County Durham-based business finance broker Anglo Scottish Asset Finance to create NFU Scotland Finance. NFU…