60% of small Scots firms ‘intend to grow in next year’
The Federation of Small Businesses (FSB) in Scotland has published the results of its Big Small Business Survey, which shows that 60% of businesses intend…
The Federation of Small Businesses (FSB) in Scotland has published the results of its Big Small Business Survey, which shows that 60% of businesses intend…
Equity Gap, the Edinburgh-based angel investment syndicate, has announced changes to its top team that will see the syndicate continue to expand its portfolio across…
St Andrews University spinout firm Pneumagen, a clinical stage biotech company, announced that it has secured £8 million in financing from existing and new investors. Pneumagen…
Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, said on Thursday that its CEO Phil Day has notified the board of his…
Scottish Land & Estates (SLE), the rural business organisation, has appointed Dee Ward as its new chair. Ward succeeds Mark Tennant, who has been SLE chair…
Highlands and Islands Airports Limited (HIAL) board has announced the appointment of Stewart Adams as interim managing director. Adams has worked with airlines and airport…
The Scottish Child Payment is now being received by the families of more than 300,000 children and young people, according to official statistics cited by…
The £1.3 billion Edinburgh Investment Trust plc announced its Net Asset Value (NAV) per share on a total return basis increased 7.9% in the year to…
International visitors spent £3.2 billion in Scotland last year, up 24% on 2019, according to the International Passenger Survey (IPS) tourism statistics for 2022 by…
The Scottish Government estimated on Thursday that its current resource spending requirements could exceed funding by £1 billion in the next financial year, and by £1.9…
A Bill that would enable Scottish councils to invest more in local tourism facilities and services through a levy on overnight stays — a tourist…
S&P Global Ratings has affirmed its A+ long-term issuer credit ratings on Wheatley Group — Scotland’s biggest social landlord. Wheatley owns and manages over 93,700…
Passenger services on the new Edinburgh Trams route to Newhaven are scheduled to start at 12 noon on June 7, it was announced on Thursday….
Brodies Middle East LLP, the first international arm of Scottish law firm Brodies LLP, has opened an office in Abu Dhabi. Having serviced clients in…
By Mark McSherry The UK government borrowed more than forecast in the first month of the new fiscal year due to higher debt interest payments,…
Business confidence in the UK Continental Shelf (UKCS) is at a near record low, falling from +36 points last April to -37 today. That’s according…
Glasgow-based cloud computing firm Iomart Group announced the appointments of Annette Nabavi and Adrian Chamberlain as independent non-executive directors of the company. Following six years on…
Scotland’s increasingly valuable rural land is only available “to a limited few” as high demand from forestry, natural capital investment and corporate estate buyers continues…
Scottish Enterprise has published a report into Scotland’s blockchain economy with a forecast that claims the technology has the potential to add £4.48 billion to…
New research from Scottish Enterprise shows the value of equity investment secured by Scottish businesses in 2022 reached a record £953 million in 2022, an…
London-based investment fund Sparta Capital on Friday repeated its call for John Wood Group, the Aberdeen-based global engineering and consulting giant, to launch a share buyback…
Two of Scotland’s longest established fresh produce organisations, East of Scotland Growers Ltd (ESG) and R&K Drysdales Ltd (RKD), have completed a merger and created…
Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), announced on Thursday that Billy McCarter, formerly interim finance director, has been…
Port of Aberdeen has announced that it returned to pre-pandemic levels of activity in 2022, one year ahead of forecast. The port increased turnover by…
The £13.3 billion Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, has reiterated its commitment to investing in “exceptional growth companies” despite announcing share price and net…
Murray Capital announced it has sold its stake in Scottish independent financial advisory firm Argyle Consulting. Argyle Consulting was established in 1997 and has offices…
UK dividends rose 4.6% on a headline basis to £15.2 billion and ahead of forecasts during the first quarter of 2023, according to the Dividend…
Abrdn plc has announced big changes in the leadership of its investment business — with Rene Buehlmann becoming sole CEO and co-CEO Chris Demetriou leaving…
The UK’s central bank, the Bank of England, raised its key interest rate by 0.25% to 4.5% on Thursday, its 12th consecutive rate rise. The…
By Mark McSherry Abrdn chairman Douglas Flint said a debt default by the United States “is almost unthinkable” and would be a “cataclysmic” event for…
Six projects currently under development in Scotland will more than double the UK’s pumped storage hydro capacity to 7.7GW, create almost 15,000 jobs and generate…
The value of and volume of venture capital (VC) investment into Scottish businesses slumped in the opening quarter of 2023, according to the latest figures…
The funding status of the UK’s 5,000-plus corporate defined benefit (DB) pension schemes continues to show that, on average, the schemes have sufficient assets to…
Shares of Thurso-based AMTE Power, a developer of lithium-ion and sodium-ion battery cells for specialist markets, rose about 5% amid news from the firm that it has…
Edinburgh-based upmarket home builder Cala Group, currently owned by Legal & General, announced the acquisition of Taylor Lane Timber Frame, one of the UK’s leading timber frame…
UK investors continued to shun UK-focused stock funds in April with outflows accelerating to £782 million, according to the latest Fund Flow Index from Calastone,…
The UK’s Financial Conduct Authority (FCA) said on Wednesday it is proposing to “reform and streamline” UK stock market listing rules as it ramps up efforts to…
The giant Scottish Mortgage Investment Trust announced on Wednesday the appointment of Sharon Flood and Vikram Kumaraswamy as independent non-executive directors of the company, with…
Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced the acquisition of A & G Holdings Limited, owner of Manchester-based Gottlieb Packaging Materials Limited. “This…
The Scottish Government’s External Affairs Secretary Angus Robertson has called on the UK Foreign Secretary James Cleverly to withdraw guidance and a letter sent to…
By Mark McSherry The Bank of England — the UK’s central bank — has estimated that its quantitative easing programme will make a total financial…
Port of Aberdeen has announced a commitment to invest £55 million over the next 10 years to become the UK’s first net zero port by…
Shares of NatWest Group, formerly known as RBS, fell as much as 6% on Friday after it announced its first quarter pretax operating profit soared 49% to £1.8…
The Scottish National Investment Bank (SNIB) has appointed asset management veteran Al Denholm as its new chief executive officer. “With over 36 years of asset…
Shares of Edinburgh-based oil and gas firm Capricorn Energy fell about 6% on Thursday despite news from the firm that it plans $575 million in shareholder payouts…
Fast-growing Aberdeen headquarted accountancy group AAB said it has acquired professional services firm French Duncan in its largest acquisition to date. AAB Group now employs…
Corporate insolvencies in Scotland hit an 11-year high in 2022-2023 while personal insolvencies also increased on the prior year, according to new figures published by…
Scottish tech businesses are planning a major employment drive as increased exports drive sales, according to new research from tech trade body ScotlandIS. However, Scotland’s…
NatWest Group chair Howard Davies told the company’s AGM at its Gogarburn, Edinburgh, HQ on Tuesday that he will step down by July 2024 at…
By Mark McSherry The UK’s public sector net debt (PSND ex) at the end of March 2023 was £2.53 trillion — around 99.6% of GDP,…
CBI president Brian McBride has published an open letter to members in which he outlines “what steps we are taking to give you reason to…
New research commissioned by Friends of the Earth Scotland claims that 22,000 jobs could be directly created in Scotland by investing in public transport, plus hundreds…
The UK’s Financial Conduct Authority (FCA) has demanded that asset managers offering so-called liability-driven investment (LDI) strategies to pension funds must ensure their clients can…
Aberdeen-based clean energy firm Verlume has secured £7.2 million in funding — including £6.6 million from the Scottish National Investment Bank — to boost its expansion…
Ardersier Port near Inverness said it has received an initial £300 million investment commitment from US private equity firm Quantum to drive its redevelopment and…
The pre-scaler programme for early stage businesses launched by the Hunter Foundation (THF) and Scottish EDGE has seen demand so high that two cohort programmes…
The Law Society has alleged that new legislation published by the Scottish Parliament “risks seriously undermining the independence of the legal profession from the state.”…
A number of major UK corporations including NatWest, John Lewis, Virgin Media O2 and insurers Phoenix, Zurich and Aviva quit the Confederation of British Industry…
Rent controls and political uncertainty are affecting the appetite of institutional investors to fund and deliver Build-to-Rent (BTR) homes in Scotland, alleges a new report….
Edinburgh has climbed eight places to reach position 14 in this year’s Z/Yen Global Green Finance Index — and reach position 8 in Western Europe…
Investment trust Caledonia Investments plc announced it acquired a majority stake in the European division of AIR-serv, comprised of Airvending Limited and AIR-serv Netherlands B.V….
Leading recruitment firm Core-Asset Consulting has joined forces with a UK government backed organisation to help combat the socio-economic imbalance of the Scottish financial services sector. Core-Asset…
Scottish social housing landlord and support organisation Link Group said it has secured a new £70 million funding package with Bank of Scotland. “The agreement,…
Bruntwood SciTech has unveiled detailed plans for the forthcoming transformation of Glasgow’s iconic Met Tower. The proposals include a refurbishment of the former City of…
Shell U.K. Ltd announced it has completed the restart of operations at the Pierce field in the UK Central North Sea, following a “significant upgrade”…
The Scotch Whisky Association (SWA) has launched a campaign to “press the UK government to re-think the decision to increase duty on Scotch Whisky and…
Edinburgh-based global investment management partnership Baillie Gifford will appoint seven new partners from May 1, 2023. In total, the partnership will rise to 57. Baillie Gifford…
Highlands and Islands Airports Limited (HIAL) said its managing director Inglis Lyon has announced his intention to step down from this summer. HIAL is responsible for…
The UK’s Prudential Regulation Authority (PRA) said it has fined Carlos Abarca, the former chief information officer (CIO) of TSB Bank plc, £81,620 over the…
Wealth management platform FNZ and Virgin Money have partnered to launch a new digital investment platform for UK retail investors. The service has been developed by…