The development of the largest new field discovered in the UK North Sea for 10 years has been approved by the UK Oil & Gas Authority….

BrewDog co-founder James Watt has claimed that “liberal democracy in the UK is facing an existential crisis” because the interest being paid on UK government…

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…

Scottish marketing and communications agency BIG Partnership has reported a strong start to 2023 with a raft of new client wins and an expansion of its…

Scottish law firm Brodies LLP said revenues grew to £68.59 million in its financial year to April 30, 2018, from £66.68 million in 2016-17. Brodies…

Ineos chairman Jim Ratcliffe has claimed the UK is witnessing the “extinction” of one of its major industries as chemical manufacturing has “the life squeezed…

Aberdeen-based John Wood Group plc said it has secured a record $920 million of contract wins across the Middle East in 2024. Wood said the contract…

SSE and Siemens Energy have launched “Mission H2 Power” – a multi-million-pound co-investment which aims to deliver gas turbine technology capable of running on 100%…

The UK government has announced it will introduce legislation next year to pool £1.3 trillion of pension savings into a series of “megafunds” as the new…

By Mark McSherry Baillie Gifford’s flagship investment trust, the £13.5 billion Scottish Mortgage fund, said it cashed in some of its huge profits from the…

David Whitehouse, Offshore Energies UK CEO: “Today we heard the Chancellor recognise the role of the oil and gas sector to support high quality jobs and…

The University of Aberdeen has announced a “new approach to fostering an enhanced spin-out culture” at the the institution that will now see it reduce…

Alex Salmond, the former First Minister of Scotland and one of the most prominent figures in the Scottish independence movement, died on Saturday, Reuters reported….

Aberdeen has been selected as the strategic and operational headquarters for Green Volt, a joint venture between Flotation Energy and Vårgrønn, paving the way for…

ScottishPower owner Iberdrola, the largest electricity company in Europe, has announced plans to more than double its UK investment plans to as much as £24 billion,…

It has been confirmed that Aberdeen will be the headquarters for Great British Energy, the UK government’s planned state-backed power company. The planned company will…

Edinburgh-based upmarket home builder Cala Group said it has been acquired from Legal & General Group Plc by investment firm Sixth Street Partners and Patron Capital,…

Elgin-based house builder Springfield Properties plc said it will resume dividend payments “earlier than initially anticipated” after slashing its debt in the year to May…

CBI CEO Rain Newton-Smith is to call on the Scottish and UK governments to unleash the “restless energy” of business to “help turn Scotland’s energy…

Scottish Rugby said it has appointed Alex Williamson as its new chief executive. The 50 year-old joins Scottish Rugby from private equity-owned education provider Inspiring…

The latest Demos-PwC “Good Growth for Cities Index” revealed that Edinburgh and Glasgow have improved their performance in the rankings of UK cities against last…

The Scottish Government’s finance secretary Shona Robison has announced £500 million of spending cuts to balance the 2024-25 Scottish Budget in the face of what…

Influential trade body Offshore Energies UK (OEUK) has announced Steve Nicol as the new supply chain champion for the sector. Nicol is Executive President of Operations…

Tech ecosystem builder CodeBase has joined forces with The Open University in Scotland “to accelerate co-learning opportunities, including co-creation of educational content, and drive startup…

The Scottish National Investment Bank said it has invested a further £10 million in Highland Broadband, which is part of Lothian Broadband Networks Limited. The bank…

The Scottish Government said on Wednesday that revenue generated for Scotland’s public services increased by £1.7 billion last year to £88.5 billion “driven by a…

Scottish Enterprise said it is launching a new £35 million Manufacturing Property Challenge Programme for prospective developers of manufacturing property to create 1,000,000 sq.ft. of…

The Scottish National Party (SNP) has lost 38 Westminster seats so far in the UK general election — amid a low turnout by voters —…

Mark Darbon has been appointed chief executive of The R&A and Secretary of The Royal and Ancient Golf Club of St Andrews. Darbon will succeed…

The Eden Project Dundee has been granted planning permission by Dundee City Council following an intensive period of community engagement. The scale of the development…

BrewDog co-founder and former CEO James Watt has revealed more details about his new brand building business, which is called Social Tip. “This new business…

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…

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…

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…

Influential trade body Offshore Energies UK (OEUK) has announced the appointment of three senior industry leaders to its board. Well-Safe Solutions CEO Phil Milton, Wood…

The commercial property market in Scotland is showing signs of recovery, according to latest figures from Lismore Real Estate Advisors. Transaction volumes in Q1 totalled…

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…

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…

J.P. Morgan Private Bank said it will expand its operations in Scotland with the addition of a new team of dedicated advisors in Edinburgh. The…

NatWest Group has announced the appointment of wealth management executive Emma Crystal as the new CEO of its wealth businesses, including the Coutts private bank,…

Glasgow-based media firm STV Group said its STV Studios business has increased its 25% equity stake in Belfast-based drama production company Two Cities Television to a…

Edinburgh-based Carcinotech has raised £4.2 million as part of its latest funding round and has plans to expand into the United States later this year….

Kirk Dailly has been appointed as Head of the Business Services Group at Blackadders LLP, the Scottish law firm. As a partner at the firm…

Shell UK said it has given the financial go-ahead for the development of the Victory gas field in the UK North Sea, approximately 47 km north-west…

Forres-based orbital launch services company Orbex announced the appointment of two tech and space sector stalwarts as the firm’s new CEO and executive chair. Entrepreneur and…

Aberdeen-based North Sea oil and gas producer Ithaca Energy Plc said CEO Alan Bruce is stepping down “to pursue new opportunities.” Bruce oversaw Ithaca Energy’s…

The recovery in global markets during November tempted UK investors back into stock and bond funds for the first time in months, according to the…

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…

A new report published by the Scottish Land Commission (SLC) shows the value of farmland in Scotland rose substantially between 2020 and 2022 — surging by…

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…

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 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…

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…

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)…

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…

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…

Investors withdrew £662 million from stock funds in June, the largest outflow since the market chaos of September 2022, according to the latest Fund Flow…

Private real estate investment fund manager Henderson Park has acquired the Waldorf Astoria Caledonian Hotel Edinburgh for a reported £85 million. The five-star hotel in…

More than 3,200 new Scottish businesses were set up last month, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s…

The UK Government’s windfall tax on North Sea oil and gas producers will not be applied if energy prices drop below certain levels for six…

The North Sea Transition Authority (NSTA) announced it has awarded 20 carbon storage licences, which it said could store up to 30m tonnes of CO2 a…

The latest Royal Bank of Scotland Purchasing Managers Index (PMI) report showed Scotland’s private sector enjoyed the strongest growth in output in 10 months in April….

As HSBC Holdings plc announced that its UK ring-fenced subsidiary HSBC UK Bank plc will acquire Silicon Valley Bank UK Limited (SVB UK) for £1,…

Edinburgh-based oil and gas firm Capricorn Energy, where shareholders recently ousted the executive leadership and terminated a planned merger, on Monday published an update on…

A manager of the £510 million Abrdn UK Smaller Companies Trust plc has said that UK markets may be “closer to their low point than other…

The UK’s public sector borrowing (PSNB ex) in December 2022 was £27.4 billion, the highest December figure since monthly records began in January 1993, largely because…

SSE Thermal announced it is developing a “first-of-a-kind” project in the Humber area of North East England which would unite hydrogen production, storage and power…

Giant trade association Offshore Energies UK (OEUK) has appointed David Whitehouse as its new chief executive, starting on January 1, 2023. OEUK represents 400 companies involved in producing…

UK finance minister Jeremy Hunt on Thursday announced a number of tax increases and proposed tighter public spending in his £55 billion Autumn budget plan….

First Minister Nicola Sturgeon launched the Scottish Government’s “independence economy prospectus” on Monday. Sturgeon said the paper called “Building a New Scotland: A stronger economy with…