New UK prime minister Liz Truss has announced an estimated £150 billion plan to protect the British public from soaring energy prices for two years. However,…

FirstGroup announced that First Bus has agreed to sell its First Scotland East business and all its routes in the area to McGill’s Group. The…

Offshore Energies UK (OEUK) has called for a “rapid acceleration of investment” into North Sea oil, gas and offshore wind — and a prompt announcement…

The Scottish Government has announced a combined rent freeze and moratorium on evictions to help people through the cost of living as the centrepiece of its…

Edinburgh-based Capricorn Energy said on Tuesday it is “exploring a number of expressions of interest relating to alternative transactions” to the all-share merger with London-based Tullow…

Thurso-based battery cell developer AMTE Power plc said on Tuesday that Alan Hollis has been appointed to its board and will become CEO “on or around”…

Abrdn UK Smaller Companies Growth Trust plc said that after 37 years with Standard Life and Abrdn, Harry Nimmo will retire from Abrdn at the…

Liz Truss will become the next prime minister of the UK after winning a leadership race for the UK’s Conservative party on Monday. Truss vowed…

Franklin Templeton’s Edinburgh-based active equity asset management specialist Martin Currie announced that Ben Russon and Richard Bullas will co-head Martin Currie’s UK Equity team effective October 1, 2022. Both will…

Index compiler FTSE Russell confirmed on Wednesday that Edinburgh-based investment giant Abrdn will drop out of the FTSE 100 index as a result of its…

Former whisky executive Iain Baxter has been announced as the new chief executive of industry leadership body Scotland Food & Drink. With a membership of…

This year’s Edinburgh Festival Fringe saw an estimated 2.2 million tickets sold for 3,334 shows which were performed by artists from 63 countries. That’s down…

The UK’s two banking regulators said on Friday they would take no enforcement action against certain former senior managers at HBOS, which collapsed in 2008….

New figures from Scottish Development International (SDI) show that support it provided to companies across Scotland in the past financial year will result in £1.44 billion…

British energy bills will soar 80% to an average of £3,549 a year from October, UK regulator Ofgem said on Friday. Ofgem called the situation…

Glasgow-based cloud computing firm Iomart Group announced the appointment of Lucy Dimes as non-executive chair of the company, with effect from its AGM on August…

Edinburgh-based investment giant Abrdn may be demoted from the FTSE 100 index at the next quarterly review, according to indicative results announced by index compiler…

SSE Renewables and its partner TotalEnergies announced first power generation from the Seagreen offshore wind farm 27km off the coast of Angus in Scotland. The…

Scottish law firm Burness Paull said it reported “strong” results for the year ended July 31, the second of the firm’s three-year strategy that is…

Aberdeen-based global engineering and consulting giant John Wood Group said on Tuesday its order book rose 5% to $6.42 billion but revenue was flat at…

The debt of the UK government was £2.388 trillion at the end of July 2022 — an increase of £188.4 billion compared with July 2021…

The Scottish Government announced that more rural homes and businesses will gain access to faster broadband following a further £36 million expansion of the Reaching…

Scottish Enterprise announced it invested £50.71 million into 102 early-stage high growth investment opportunities in 2021-22. The enterprise agency said its investments helped leverage a…

Shares of Aberdeen-based bus and rail giant FirstGroup plc fell about 11% to around £1.15 on Tuesday after infrastructure private equity group I Squared Capital Advisors…

Edinburgh-based investment giant Abrdn announced it sold another 6% of HDFC Asset Management Company Limited (HDFC AMC) in India to raise £225 million. The Edinburgh firm…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced it posted record cash generation of £950 million…

Latest analysis by KPMG UK shows that private equity investment in Scotland’s mid-market businesses has surpassed pre-pandemic levels after more than £2 billion was spent…

“Delusional” central banks have been blamed by Bruce Stout, manager of Abrdn’s £1.77 billion Murray International Trust, for stoking global inflation with a “toxic cocktail…

Glasgow investment firm N4 Partners has announced the appointment of Gordon Merrylees, the former Managing Director of Entrepreneurship for NatWest, Royal Bank of Scotland (RBS) and Ulster…

By Mark McSherry The £600 million Baillie Gifford US Growth Trust plc announced its share price and net asset value (NAV) returned -45.5% and -35.3%…

Baillie Gifford’s £2.5 billion Monks Investment Trust plc announced it has agreed a proposed combination of the company with the assets of the much smaller Independent Investment…

Business activity across the Scottish private sector increased at only a fractional pace during July, according to the latest Royal Bank of Scotland Purchasing Managers…

Standard Life, part of Phoenix Group, said it has concluded a £1 billion Bulk Purchase Annuity (BPA) transaction covering 13,000 members of the WH Smith…

Edinburgh-based asset management giant Baillie Gifford announced it has placed 12 of its “UK authorised” funds on a watchlist for performance and will “monitor progress…

Norway’s Equinor has submitted plans to UK regulators for the development of Rosebank, a major oilfield west of Shetland which would start production in late…

The UK’s central bank on Thursday announced its biggest interest rate hike in 27 years and warned the UK is heading for more than a year…

Phoenix Group Holdings announced the acquisition of Sun Life UK, a closed book UK life insurance company, from Sun Life Financial Inc. for £248 million…

Glasgow-based cloud computing firm Iomart Group said it agreed to acquire Concepta Capital Limited, a holding company of a group of firms that includes the ORIIUM…

Baillie Gifford’s £15 billion flagship fund Scottish Mortgage has revealed it carried out 351 revaluations on the private companies it holds in the first half…

Abrdn Core Infrastructure and Rock Rail said they have delivered their first European investment together following financial close of the financing of new electric trains…

Shares of wealth manager Quilter rose 15% on Monday after weekend reports in London newspapers that NatWest-RBS is considering making a bid to buy the listed…

James Watt, CEO and co-founder of Aberdeenshire-based craft brewing firm BrewDog, has revealed a list of start up businesses he has invested in, often as…

Fast-growth businesses in Scotland attracted £506 million of venture capital (VC) investment in the first half of 2022, despite investors becoming more cautious globally, according…

Shares of NatWest Group, formerly the Royal Bank of Scotland Group, rose as much as 9% on Friday after it announced it would pay an…

Edinburgh-based investment giant Abrdn has announced a change in leadership of its “Personal Vector” business as Caroline Connellan steps down from her role at the end…

Shares of Thurso-based battery cell developer AMTE Power soared more than 30% on Thursday amid the company’s announcement that it has chosen Dundee as the…

Shares of Glasgow-based global engineering and mining giant Weir Group rose as much as 6% on Thursday after it published results for the six months ended…

ScottishPower announced it is launching its biggest ever recruitment drive — with at least 1,000 new jobs to be filled in the next 12 months….

Bank of Scotland plc — owned by Lloyds Banking Group — has reported that its profit before tax for the half-year to June 30, 2022, fell…

Latest data from Abrdn-owned Interactive Investor (ii), the UK’s second-largest investment platform for private investors, shows a significant jump in voting on AGM shareholder resolutions in…

The governance and leadership practices of Cricket Scotland have been found to be “institutionally racist”, according the report published on Monday by equality and diversity…

Glasgow-based global engineering and mining giant Weir Group said on Friday that Nicola Brewer and Tracey Kerr joined its board as independent non-executive directors with effect from…

Peel Ports has announced that the first-ever direct freight container service connecting China and Scotland is being launched in response to growing global pressures on…

ScottishPower has named Vicky Kelsall as the new CEO of its electricity networks business, SP Energy Networks, taking over from Frank Mitchell on his retirement….

Standard Life, part of Phoenix Group, announced it has concluded a £150 million Bulk Purchase Annuity (BPA) transaction covering 1,300 members of the Sappi UK…

Edinburgh-based investment giant Abrdn is preparing to sell its private equity business as part of the current streamlining process taking place under CEO Stephen Bird, according…

Forth Ports announced that a new freight container shipping route has been launched at Grangemouth with global logistics group CMA CGM and its subsidiary Containerships…

Commercial property in Scotland has had its best half year for investment volumes since 2018, according to analysis from Knight Frank. The commercial property consultancy…

Edinburgh investment giant Abrdn has announced the launch of a China Next Generation Fund, a small and mid cap (SMID) companies fund “primarily investing in…

The Scottish Music Industry Association (SMIA) has announced the appointment of Ronnie Gurr as its chief executive officer with immediate effect. Gurr will lead the SMIA’s executive team and…

New figures released by the British Business Bank show that small businesses founded at Scottish universities “accounted for the highest number of equity investment deals…

The Scottish Government said on Wednesday that a contract worth up to £42 million has been awarded to Edinburgh-based company Codebase to establish seven new…

Edinburgh-based wireless communications firm pureLiFi will target a global roll out of its revolutionary technology after securing £10 million in backing from the Scottish National…

TSB has announced two new appointments to its executive committee, with Cheryl McCuaig joining the bank as chief technology and digital officer and Richard Lees…

Scotland’s private sector economy remained “in expansion territory” for the 16th month running in June, according to the latest Royal Bank of Scotland PMI data…

New research published on Monday by Scottish Enterprise (SE) reveals that equity investment secured by Scottish businesses increased 36% to £690 million in 2021, up…

Shares of Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, rose about 9% on Monday after it reported “record gold production” at its Cononish…

Boris Johnson said on Thursday that he would resign as the UK’s prime minister, saying it is “now the will of the parliamentary Conservative Party…

The £300 million investment trust Abrdn China Investment Company has reported net asset value (NAV) total return of -21.5% for the six months to April 30,…

The cost of doing business in Scotland is in “crisis mode” and is undermining Scottish business recovery and growth, according to the latest findings from…