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…

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…

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…

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…

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…

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…

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,…

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 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…

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…

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…

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-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…

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…

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…

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…

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…

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…

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…

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…

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….

Weir Group, the Glasgow-based global engineering and mining giant, announced the appointment of Brian Puffer to the company’s board of directors as chief financial officer (CFO)…

John Wood Group, the Aberdeen-based engineering and consulting giant, announced the appointment of Arvind Balan to the company’s board as chief financial officer (CFO) and…

Offshore Energies UK (OEUK), the trade body for the sector, welcomed the offer of new oil and gas licences by the North Sea Transition Authority…

Scotland’s £42 million national Techscaler network is being expanded to support more of the country’s most promising young technology companies. A partnership with Borders organisation…

Scotland’s banking sector has agreed on a plan to ensure every Scot is offered a basic bank account. The agreement is part of “Scotland’s new…

Shares of NatWest – formerly called RBS – fell as much as 18% on Friday after a profit downgrade in its third quarter results and further…

Weir Group, the Glasgow-based global engineering and mining giant, announced that Penny Freer has been appointed to its board as an independent non-executive director with…

International travellers to Scotland made 1.2 million visits to the country in the second quarter of 2023 and spent a record £1 billion, according to quarterly…

Scotland’s First Minister Humza Yousaf told the SNP Conference in Aberdeen that Scotland is to go directly to the international bond market for the first…

SSE Renewables and its partner TotalEnergies have announced all turbines at the 1.1GW Seagreen Offshore Wind Farm off the coast of Scotland are now fully…

The Hunter Foundation, in partnership with the Scottish National Investment Bank (SNIB), has opened up applications for its second ScaleupScotland2.0 programme for highly ambitious, scaling…

Edinburgh-based digital forensic firm Cyacomb, which uses cutting edge technology to detect and block harmful online content, has received a funding package totalling £3.8 million….

Aberdeen-based independent energy services company THREE60 Energy said it has acquired Pryme Group and Flexlife “to create a £200 million industrially diversified global business with…

Edinburgh, Fife and Mid and West Lothian is one of the UK’s top innovation clusters outside the golden triangle of London, Oxford and Cambridge, according to…

Shares of Aberdeen-headquartered transport giant FirstGroup plc rose about 4% after it published an update on trading for the 27 weeks to September 30, 2023. On…

Glasgow-based cloud computing firm Iomart Group said on Wednesday it anticipates reporting revenue growth of 18% to £62 million for the six months ended September 30,…

Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc fell about 30% after it published a stark update on trading and outlook for the full…

Glasgow-based Alba Bank – the UK’s newest challenger bank dedicated to supporting SMEs – announced that it will partner with Mambu’s cloud banking platform to manage…

Banks Renewables announced it is expecting to invest over £100 million in developing Pond Energy Park, which will see a section of an industrial park…

Climate activists gathered outside the Edinburgh headquarters of investment giant Abrdn on Thursday to demand that the asset manager “immediately deny debt to companies expanding…

The British Business Bank has launched a new £150 million Investment Fund for Scotland, unlocking additional funding to help smaller businesses prosper. The fund includes a…

Associated British Ports (ABP) has announced a deal to investigate an area “for the development of infrastructure to support offshore wind (OSW) manufacturing, assembly and…

Boston-based HighVista Strategies LLC, an alternative asset manager investing in private and public markets, announced the completion of its acquisition of the US private markets…

Edinburgh-based Martin Currie, the active equity specialist with £16.7 billion in assets under management, announced that Jen Mair has been named chief executive officer (CEO). She…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, has warned of a “potential administration appointment” after a prospective investor withdrew…

Walker’s Shortbread announced that its annual turnover rose 16% to £164.6 million in the year ended December 31, 2022. The Aberlour-based business revealed growth fuelled…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said on Friday it placed the majority of its employees on short term…

Growth capital investor BGF has completed a £4.5 million investment in Stellar Omada, a fast-growing Edinburgh-headquartered technology services company that serves the financial services sector….

Lothian Pension Fund (LPF) and Falkirk Council Pension Fund (FCPF) announced they will not be progressing with their proposed merger. Lothian Pension Fund has over £9.6…

The Scottish National Investment Bank said it has “evolved into an ambitious, active impact investor” as it published its second full year accounts. The bank said…

The UK’s North Sea Transition Authority (NSTA) said it has granted development and production consent to Equinor and Ithaca Energy for the controversial Rosebank oil…

Scotmid CEO John Brodie is to retire in August 2024 after 20 years at the helm. “John has been with Scotmid for over 30 years,…

The British Business Bank, the UK government’s economic development bank, has reported a loss of £135.3 million for 2022-23 in a year that it made a…

Lothian Buses has announced an order for 50 new Volvo BZL Electric double deck buses for Edinburgh, each with MCV bodywork. Involving an investment of…

Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, fell about 9% after it announced it will not make…

Aberdeen-based FirstGroup plc announced that a new nine-year National Rail Contract (NRC) has been agreed with the UK’s Department for Transport (DfT) for the West…

Celtic plc announced that its group revenue increased 35.8% to £119.9 million in the year to June 30, 2023, and profit before taxation rose to…