Edinburgh-based investment giant Abrdn plc announced that all resolutions put to its Annual General Meeting on Wednesday were passed — but some of the votes…

UK inflation surged in April to its highest annual rate since 1982, increasing the pressure on finance minister Rishi Sunak to help households facing a…

Forestry and Land Scotland (FLS) is calling for corporate investors to help it make progress with woodland creation and peatland restoration projects on land that…

North Yorkshire-based renewable energy firm Drax has submitted its application for planning consent to build a new underground pumped storage hydro power station which would…

The unemployment rate for people aged 16 and over in Scotland fell to a record low of 3.2% in the January to March quarter, according…

An investment director at Edinburgh-based asset management giant Abrdn has warned that slowing growth and rising inflation will likely erode the profitability of companies going…

Veteran Scottish investment banker Angus Grossart has died at the age of 85 after a short illness. Edinburgh-based merchant bank Noble Grossart confirmed its chairman…

Salmon Scotland, the body which represents the Scottish salmon industry, has raised fears that a “trade war” with the EU could have a devastating impact…

The latest Royal Bank of Scotland Report on Jobs survey from IHS Market shows that the start of the second quarter saw a “further marked increase…

The rebranded Port of Aberdeen has reported a 1.5% increase in turnover to £33.5 million for 2021 — as progress continued with its £400 million expansion…

A rare, early portrait of Anglo-Irish author Jonathan Swift is to be auctioned live online from Edinburgh by fine art auctioneers Lyon & Turnbull on…

London-based wealth manager Tilney Smith & Williamson, which is re-branding to Evelyn Partners this summer, has further strengthened its presence in Scotland by adding Capital…

Abrdn CEO Stephen Bird has joined the Investment Association’s board of directors, replacing outgoing director Hanneke Smits, CEO of BNY Mellon Investment Management. The Investment…

TIGA, the trade association for the UK video games industry, released new data showing that employment in the Scottish video games development industry grew 26%…

Fintech platform Ferovinum has announced its launch into the Scotch whisky industry, backed by institutional capital of £100 million. The fintech business behind Ferovinum — a…

The chief executive of Edinburgh-based Capricorn Energy told the firm’s AGM on Wednesday that the last 12 months have been “transformational” for the company as…

Baillie Gifford’s Scottish Mortgage Investment Trust has lost its position as the largest UK investment trust by stock market value amid the brutal sell-off in…

The Service Employees International Union (SEIU) in the United States said it has raised concerns with investors about “possible impacts on workers rights” stemming from…

Edinburgh Airport has announced it handled almost a million passengers in April — but this was 26% fewer than in the same month in 2019….

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced the appointment of entrepreneur Maggie Semple as an…

Abrdn-owned investment platform Interactive Investor said it has hired Santander executive Saj Arshad as Chief Commercial Officer. “Saj brings a strong track record of driving business…

Venture capital investment in Scotland’s fast-growth businesses soared to £181 million in first quarter of 2022, according to KPMG’s Venture Pulse Survey. Scottish scaleups saw…

Archangels, the Edinburgh-based business angel investment syndicate, has appointed former investment analyst and fund manager Ian Macleod as the new chair of its board. Macleod takes…

The Scottish National Investment Bank said on Friday that £194.4 million of investment has been committed so far across 14 “mission-aligned” investments in projects and businesses…

Scotland’s Anderson Anderson & Brown (AAB) has announced a merger with FPM, an all-Ireland independent accountancy and business advisory firm. AAB Group has grown rapidly…

A £30 million transformation programme has been unveiled by Bruntwood SciTech after it acquired Glasgow’s Met Tower — the old City of Glasgow College building —…

The UK central bank on Thursday raised interest rates to their highest since 2009 — hiking borrowing costs by a quarter-point to 1% to fight…

The US Federal Reserve on Wednesday announced its biggest hike in interest rates since 2000 and announced it would start shrinking its $9 trillion balance…

Schroders Capital’s private equity team has been appointed by UK pension scheme Nest to manage its private equity allocation. Nest was set up by the…

Equity investment into smaller businesses in Scotland’s technology industry reached £163 million by the end of the third quarter of 2021, 36% higher than 2020’s…

All sectors of the Scottish economy recorded “large and positive net balances” for their volume of business in the first quarter of 2022, with this…

Edinburgh-based house builder Miller Homes has raised £815 million in a bond sale, but banks had to offer investors a higher yield than originally planned, Reuters reported. The deal…

UK government business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan to…

Shares of NatWest Group, the bank formerly known as RBS, fell as much as 5% on Friday despite the company announcing that its first-quarter operating…

The chairman of NatWest Group, the bank formerly known as RBS, told shareholders at the company’s AGM in Edinburgh on Thursday that the company “deeply…

Scottish tech businesses bounced back in 2021, with 72% of companies reporting increased sales, according to new research from ScotlandIS. This marks a return to…

Two managers of Baillie Gifford’s flagship fund, the £17 billion Scottish Mortgage Investment Trust plc, have said the Edinburgh investment firm is in the business…

Glasgow-based global engineering and mining giant Weir Group said on Thursday it enjoyed record first-quarter orders with a 15% rise. However, Weir said the suspension of…

The board of TSB Bank, with the support of Spanish parent company Banco Sabadell, has announce the permanent appointment of Glasgow-based Robin Bulloch as CEO….

Job vacancy numbers in Scotland continue to rise — but applications are on a continuous decline, according to new research from the Association of Professional…

The National Pension Trust (NPT), a multi-employer master trust powered by XPS Pensions Group, is set to shift its default arrangement to a strategy that…

Edinburgh-based Circularity Capital, the “circular economy” European growth investor, has announced the oversubscribed final close of its second fund at €215 million. The firm said Circularity…

The British Business Bank has appointed a new Scottish representative to its UK Network team, with senior manager Barry McCulloch spearheading the bank’s presence north…

London-based asset manager Schroders plc has announced proposals which it said “would lead to the enfranchisement of the non-voting ordinary shares” in the firm. “This will…

UK government borrowing was £151.8 billion in the financial year ending (FYE) March 2022, with the UK public sector net debt excluding public sector banks (PSND ex)…

Mark McSherry Twitter, Inc. announced on Monday afternoon it has entered into a definitive agreement to be acquired by a private entity wholly owned by Elon…

The UK’s first full-sized autonomous bus will take to the roads of Scotland for the first time this week as Stagecoach starts live testing the…

Abrdn European Logistics Income plc, a fund that invests in modern continental European warehouses, said on Friday that 2021 was a stand-out year for the…

Abrdn’s £580 million Asia Dragon Trust plc is continuing to bet big on “quality mainland companies” in China despite the current period of “extreme volatility” amid…

Swedish residential real estate firm Heimstaden Bostad AB has agreed to fund and acquire UK build-to-rent (BTR) developer PLATFORM_’s 464-home residential project in Bonnington Road,…

The Scottish Government is developing an aggressive plan to recruit and retain skilled workers from the rest of the UK. As part of a “priority…

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, said on Thursday its Cononish Gold and Silver Mine near Tyndrum has achieved record levels of…

Edinburgh-based private bank Hampden & Co said on Wednesday that deposits from clients rose 39% to £696 million in the year to December 31, 2021, while…

Abrdn’s investment platform Interactive Investor announced that the number of customers investing through its “regular investing” service rose by 19% in the first quarter of the…

Farmland values rose by 31.2% in Scotland in 2021 against 6.2% across UK, according to a new report published by the Scottish Land Commission. The…

By Mark McSherry As fund manager James Anderson leaves Edinburgh-based investment giant Baillie Gifford after almost 40 years, he has shared more of his thoughts…

Legal & General Assurance Society Limited announced it agreed a £6.6 million full-scheme buy-in with Gordonstoun School Retirement Benefits Scheme, securing benefits for around 30…

Broughton Ales of the Scottish Borders and Keith-based Consolidated Craft Breweries have announced a merger. The deal brings together a portfolio of award-winning beers including…

Robertson Facilities Management (RFM) said it has been appointed by the Scottish Fire and Rescue Service (SFRS) to deliver “hard facilities management services” across its…

Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc on Tuesday announced the acquisition of Stevenage-based iTrinegy Limited, a developer of “software defined test networks technology for…

Edinburgh-based ready meals firm Parsley Box Group plc has reported results for its first “very challenging” year as a listed company — showing revenue increased 4%…

Edinburgh-based global investment management partnership Baillie Gifford has announced it will appoint eight new partners from May 1, 2022, and that four partners — James Anderson,…

The Scottish private sector registered its fastest expansion in nine months with another strong performance in March, according to the latest Royal Bank of Scotland Purchasing…

Edinburgh-based investment giant Abrdn announced that it abstained as a shareholder on voting to approve Rio Tinto’s annual reports and accounts — citing the “nature,…

Scottish Building Society said it has posted record results for the financial year ended January 31, 2022. The mutual has seen its balance sheet grow…

Israeli energy conglomerate Delek Group announced that its North Sea subsidiary Ithaca Energy has acquired Siccar Point Energy — which owns 70% of the controversial Cambo…

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, announced on Thursday it entered into an agreement with Fern Wealth GmbH of Switzerland to arrange…

The £228 million Baillie Gifford China Growth Trust plc reported that its net asset value total return was -27.0% and its share price total return was -37.1%…

A shortage of talent could hamper start-ups in Scotland’s booming financial technology sector, according to senior fintech experts who spoke to the latest Core-Asset Consulting Annual…

EY announced it plans to double the size of its UK and Ireland (UK&I) consulting practice in the next four years, backed by £75 million…