Lloyds Banking Group plc — owner of Bank of Scotland, Scottish Widows and Halifax — on Wednesday announced a share buyback of up to a…

Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, said its revenue increased 85.6% to £161.9 million in the six months ended…

Scotland’s mid-market businesses attracted a record amount of private equity in 2022. Over the course of the year, 51 deals involving Scottish firms were completed…

Plants are to be used to recover gold and other metals from mining wastes as part of cutting-edge research led by Scotland’s Rural College (SRUC)….

NatWest Group — formerly known as RBS — said its operating profit before tax rose 33% to £5.1 billion in 2022 as its total income rose…

Edinburgh-based oil and gas firm Capricorn Energy on Wednesday terminated its planned merger with Israeli gas group NewMed Energy after months of shareholder pressure that also toppled…

Nicola Sturgeon confirmed on Wednesday she will resign as Scotland’s first minister after more than eight years in the role. Sturgeon told a news conference:…

Abrdn has announced it will prioritise executive remuneration and cost-of-living in the UK, diversity on US boards, “Say on Climate” advisory votes and climate “laggards”…

A study by a senior official at the UK central bank found that Britain has suffered a loss of business investment worth £29 billion since the…

NatWest Group — formerly known as RBS — announced it has agreed to acquire 85% of Cushon, a Net Zero workplace savings and pensions fintech, for…

Abrdn Smaller Companies Income Trust plc announced that it intends to undertake a strategic review to consider the future of the company. The fund had…

The Scottish private sector reported a further fall in total activity in January, according to the latest Royal Bank of Scotland Purchasing Managers Index (PMI)…

Celtic plc announced its revenue increased 44.8% to £76.5 million in the six months to December 31, 2022, and profit before taxation rose to £33.9 million…

Global exports of Scotch Whisky grew to more than £6 billion for the first time in 2022, according to figures released by the Scotch Whisky…

By Mark McSherry — Baillie Gifford’s £950 million investment trust Scottish American Investment Company (SAINTS) has extended the company’s record of dividend increases to 49 consecutive years. The…

DC Thomson, the Dundee-based publisher of newspapers, magazines and comics — including The Press and Journal, The Courier, The Sunday Post and The Beano — is…

Mackie’s of Scotland, the ice cream, food and drink brand, reported that record increases in the cost of ingredients, haulage, feed and fertiliser affected its…

Abrdn, the Edinburgh-headquartered asset management giant, has become the UK’s most shorted company as hedge funds and investment firms make big bets that the Scottish firm’s…

Scottish responsible finance provider Social Investment Scotland (SIS) has appointed community finance expert Arran Dewar as executive director of SIS Ventures, its wholly owned early-stage…

Scotland’s economy will contract throughout most of 2023, according to the Fraser of Allander Institute’s latest quarterly economic commentary, which includes an assessment of all…

Santander UK announced the appointment of Andrew Wilson — the former SNP MSP and RBS executive — as Director of Corporate Communications and Responsible Banking and…

Total investment in green skills led by the Glasgow-based Industrial Biotechnology Innovation Centre (IBioIC) has topped a “milestone” £25 million, new figures reveal. The amount…

Entrepreneur Andy Tait is teaming up with Texas-based Sallyport Commercial Finance LLC to launch a commercial lender in Scotland that plans to back small businesses…

Edinburgh came in second place and Glasgow in third place in real estate firm Colliers’ latest Top UK Residential Investment Cities report. The city of…

Stagecoach has announced the launch of what it called “the UKs first fully-electric city bus network” in Inverness. The Perth-based transport firm said it will…

Buccleuch — one of Scotland’s biggest private landowners — announced it has concluded missives with Exeter-based Oxygen Conservation for the sale of 11,390 acres of the…

UK investors withdrew £25.7 billion from funds in 2022, the first annual outflow recorded by the Investment Association (IA). Investors took £282 million out of…

Edinburgh investment giant Abrdn said it has engaged with some of its largest mining holdings following “incidents of unacceptable work-place behaviours in the sector, including sexual…

Andrew Wilson, co-founder of the strategic communications consultancy Charlotte Street Partners, is to leave the company this month “to pursue new opportunities.” Wilson is a…

James Watt, CEO and co-founder of Aberdeenshire-based craft brewing firm BrewDog, has revealed in a LinkedIn post that he has been “diagnosed not only with…

Edinburgh investment giant Abrdn announced it has appointed Peter Branner as chief investment officer (CIO), effective May 1, 2023, reporting to Chris Demetriou and Rene…

Ahead of the Six Nations rugby starting this weekend, new data from social investing network eToro shows that the strongest XV Scotland-headquartered stocks have easily…

Abrdn said it has launched a purpose-built student accommodation (PBSA) platform called MYS Student Living. “This is a natural evolution as Abrdn further expands its…

The £1.1 billion Abrdn Private Equity Opportunities Trust plc (APEO) said it showed growth in annual Net Asset Value (NAV) “in spite of the difficult…

Shares of A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, rose as much as 5% after it published a…

Cardiff-based Finsbury Food Group announced it has acquired 100% of the share capital of Coatbridge-based Lees Foods Limited, the maker of teacakes, snowballs and meringues,…

London-listed companies issued 305 profit warnings in 2022, 50% higher than 2021, according to a report by consultancy firm EY-Parthenon. “Our latest data shows that…

Menzies Aviation and SAL Saudi Logistics Services said they have signed a Memorandum of Understanding to develop a comprehensive study on delivering best in class…

The Investor Forum, an influential group of big institutional investors, has warned that UK equities as an asset class will continue to diminish “unless companies,…

The airline Flybe has ceased trading for the second time in three years, cancelling all flights to and from the United Kingdom. A statement 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 Port of Grangemouth, Scotland’s largest freight hub, said it has exported a bumper Scottish tattie season with 65,000 tonnes of seed potato exported around…

The expanded Port of Aberdeen said it will welcome a wide range of new cruise vessels to the city in 2023, which could boost the…

Glasgow-based Smart Metering Systems plc (SMS) announced that its results for 2022 are expected to be ahead of its previous expectations and that its full-year…

Edinburgh Airport has published its 2022 passenger traffic statistics, showing a strong recovery compared with both the previous year and its busiest year on record,…

A record breaking £705 million of venture capital (VC) was invested in some of Scotland’s most promising businesses last year, the largest amount on record,…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), has announced a changer of leadership and a positive trading update for…

Premium ice cream brand Mackie’s of Scotland has appointed a new managing director as it plans continued growth and development throughout the UK and abroad. Stuart Common,…

By Mark McSherry The £600 million Baillie Gifford US Growth Trust plc reported that the fund’s share price and net asset value (NAV) returned -4.6% and…

Baillie Gifford’s £880 million Edinburgh Worldwide Investment Trust reported that the company’s net asset value (NAV) per share decreased by 40.3% and the share price by 46.0%…

The latest Scottish business survey by the Scottish Chambers of Commerce (SCC) shows Scottish firms and the economy “faltering under increasing cost pressures and declining…

Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, has reported that its gold concentrate shipments totalled 1,078 tonnes with a sales…

Glasgow-based SB Drug Discovery announced that it has been acquired by Nottingham-based Sygnature Discovery, an integrated drug discovery firm. SB Drug Discovery said the transaction…

Hilltop Leaf, the company behind Scotland’s first medicinal cannabis cultivation and production facility, said it has raised £2 million from Traditum Private Equity and private…

Hybrid working arrangements are now offered by 87% of employers in Scotland’s financial and professional services industry, up from 46% before the pandemic. That’s according to…

Heart of Midlothian Football Club chair Ann Budge is to retire as non-executive director of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc. Calnex announced the…

The Scottish Government announced that former DC Thomson Publishing CEO Ellis Watson has been appointed as Chief Business Advisor to First Minister Nicola Sturgeon. The…

The latest Royal Bank of Scotland Purchasing Managers’ Index (PMI) data showed that private sector activity fell “solidly” in Scotland during December. The Business Activity Index…

Scottish angel syndicate Equity Gap recorded another record year in 2022 as the total investments to date into portfolio companies by the group reached £200…

Real estate investment firm Capreon announced it has acquired Edinburgh Quay, a city centre complex of three office buildings at the east end of Fountainbridge…

Forth Green Freeport and Inverness and Cromarty Firth Green Freeport have been jointly selected by the Scottish and UK governments to become Scotland’s first Green…

Edinburgh-based investment group Baillie Gifford has appointed Arthur Milson as a co-manager of its £631 million Baillie Gifford High Yield Bond Fund. Milson joins existing managers…

Foresight Group, a listed private equity and infrastructure investment manager, announced the launch of a new fund dedicated to investment in Scottish SMEs. Foresight said…

Scottish digital health company PneumoWave announced the closing of £7.5 million Series A financing. The firm said the financing will “enable clinical validation and regulatory…

IPO activity on the London stock markets fell 90% by proceeds and 62% by number of listings in 2022 when compared to the record highs…

Perth-based transport giant Stagecoach, now owned by German asset manager DWS, has announced a “transition to a new management team as the business evolves and looks to…

Edinburgh-based Capricorn Energy has arranged a general meeting of the company for February 1 that was requested by its third-biggest shareholder Palliser Capital to vote on…

An “unprecedented” shortage of skilled labour in Scotland’s financial services sector will be the defining issue of the coming year, according to an influential annual…

Edinburgh-based retirement adviser platform Nucleus Financial has agreed to buy Bristol-based SIPP provider Curtis Banks in a £242 million cash deal, taking Nucleus’ assets under administration to £80…

London-based Vesuvius plc, a molten metal flow engineering and technology firm, announced the appointment of Mark Collis of Aberdeen-based John Wood Group as Vesuvius chief financial officer. Collis…