Shares of Glasgow-based cloud computing firm Iomart Group rose about 11% on Tuesday after it published its pre-close trading statement for the year ended March 31,…

Abrdn and the University of Edinburgh have formed an industry-academic partnership to establish a Centre for Investing Innovation. The project will received funding of £7.5…

A number of high flying funds and investment trusts managed by Edinburgh investment giant Baillie Gifford came back down to earth with a bang in…

By Mark McSherry — As prominent international fund manager James Anderson prepares to leave Edinburgh-based investment giant Baillie Gifford after almost 40 years, he has written…

By Mark McSherry RBC Wealth Management, a subsidiary of Royal Bank of Canada, announced that it will acquire UK wealth manager Brewin Dolphin for £1.6 billion in…

The latest Deloitte-sponsored quarterly economic commentary from the Fraser of Allander Institute (FAI) at the University of Strathclyde said that Scotland’s growth forecast for 2022 has…

Edinburgh investment giant Abrdn said it raised £205 million at the launch of its UK-focused Commercial Real Estate Debt fund II (CRED II), with a…

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, has reported revenue of A$6.4 million (£3.6 million) for the six months to December 31, 2021….

The board of Edinburgh-based airport logistics giant John Menzies said on Wednesday it will recommend that shareholders accept a £571 million cash takeover offer from Kuwait-based…

The board of The Scottish Investment Trust plc announced on Tuesday that its proposed scheme of reconstruction and combination with JPMorgan Global Growth & Income plc…

The UK’s Pension Protection Fund (PPF) announced that its investments in forestry have grown 20% over the last year to reach £1 billion. Last year the…

The Scottish Government is introducing a new Register of Persons Holding a Controlled Interest (RCI) in land on April 1, 2022, as part of its…

Scottish Widows has announced another £1.5 billion worth of divestments in an update to its environmental, social and governance (ESG) investment policy. The move contains…

NatWest Group, the bank formerly known as RBS, has finally returned to a majority private ownership 14 years after its £46 billion bailout by UK…

National Grid plc announced it agreed to sell a 60% equity interest in its UK gas transmission and metering business (NGG) to a consortium including…

Edinburgh has maintained its place as a leading international financial centre in the latest Global Financial Centres Index (GFCI), placing seventh in Western Europe, second…

Real estate giant Hines has sold the Royal Mail sorting warehouse at Edinburgh’s Sighthill Industrial Estate to ICG Real Estate for an undisclosed price. The 215,745 square-foot…

XPS Pensions Group has warned that although UK pension schemes’ financial positions have improved substantially since the first lockdown in March 2020, long-term deficits are still…

Investment trust managers of Edinburgh-based investment giant Abrdn have unveiled their outlooks for global markets amid the Russia-Ukraine war, rising inflation, market volatility, the spike…

NatWest Group plc — the bank formerly known as RBS — announced it will hold its Annual General Meeting at the group’s Gogarburn headquarters on the…

UK finance minister Rishi Sunak announced tax cuts for workers and a reduction in fuel duty on Wednesday in his half-yearly budget update. Sunak set out…

A report from Audit Scotland has slammed the “multiple failings” that have led to the massive delays and cost overruns that continue to obstruct the…

ScottishPower — owned by Bilbao-based green energy giant Iberdrola — is planning to stop selling energy to UK industrial and commercial (I&C) customers, Reuters reported. Energy companies…

UK government borrowing was £138.4 billion in the 11 months to February 2022, the third-highest financial year-to-February borrowing since monthly records began, according to the UK’s Office…

Edinburgh investment giant Abrdn has announced that Mark Redman, its global head of private equity, has left the company “to pursue other opportunities.” Abrdn refuted speculation…

Abrdn’s £1 billion Standard Life Private Equity Trust (SLPE) will be promoted to the FTSE 250, from the FTSE UK Small Cap index, following the…

A joint report from Audit Scotland and the Accounts Commission has said that a detailed analysis of how almost £5 billion of Covid-19 business support funding was…

The UK central bank raised its key interest rate for the third successive policy meeting on Thursday amid soaring inflation which the bank warned may rise above…

The US Federal Reserve has raised its benchmark interest rate by a quarter of a percentage point in the first increase since 2018 — and…

Edinburgh investment giant Abrdn said it has invested £31 million on behalf of its strategic partner Phoenix Group in the refinancing of CORE Portfolio Investments…

Scotland’s Chief Statistician has released statistics showing Scotland’s gross domestic product (GDP) grew 6.9% in 2021 compared to 2020. Equivalent UK growth over the year…

Edinburgh-based investment giant Abrdn announced on Tuesday afternoon that 80% of its shareholders approved the resolution put to its General Meeting to acquire Manchester-based investment…

The London Stock Exchange Group (LSEG) on Tuesday announced a strategic investment and long-term partnership with digital private asset platform Floww to enter the growing…

Glasgow-based Smart Metering Systems plc (SMS) said its 2021 revenue rose 5% to £108.5 million and underlying profit before tax rose 20% to £18.3 million….

Edinburgh-based Craneware, a provider of software for the US healthcare market, said its revenue increased 111% to $80.2 million in the six months ended December 31,…

ScotWind Offshore Wind Leasing Round partners ScottishPower and Shell are set to invest a total of £75 million “to help the supply chain and businesses support…

Three new national organisations for education are to be created in Scotland in a major attempt “to drive improvement in education.” A new public body…

The board of Perth-based transport giant Stagecoach announced it has agreed to a rival £595 million cash takeover bid from German asset manager DWS that would…

XPS Pensions Group plc, the pensions actuarial, consulting and administration business, said it has entered a strategic alliance with Edinburgh-based investment giant Abrdn plc to…

Edinburgh-based Capricorn Energy — formerly called Cairn Energy — said on Tuesday it made a 2021 pretax profit of $873.7 million from continuing operations compared…

The UK’s Takeover Panel has extended the deadline by which Kuwait-based National Aviation Services (NAS) must make a firm takeover offer for Edinburgh-based aviation logistics giant John…

Edinburgh-based Capricorn Energy — formerly called Cairn Energy — is publishing a shareholder circular relating to the proposed return of $500 million of the $1.06…

Dundee investment trust company Alliance Trust plc announced that its investment manager Willis Towers Watson (WTW) has terminated River and Mercantile (R&M) Asset Management LLP’s mandate…

Eilidh Mactaggart, the former chief executive of the Scottish National Investment Bank, has said she resigned from the £235,000-a-year job for “personal reasons.” The Scottish National…

Standard Life, part of Phoenix Group, and the Organisation for Economic Co-operation and Development (OECD) have announced a major new Joint Research Initiative on pensions….

HFD Property Group announced it has agreed terms with HSBC UK to refinance its flagship 177 Bothwell Street development in Glasgow. 177 Bothwell Street’s occupiers…

Bosses at Edinburgh-based investment giant Abrdn — including the CEO, CFO and chairman — have bought a total of £300,000 worth of shares in the asset…

Aberdeen-based North Star said it has been awarded new contracts worth more than £100 million to support new and existing clients in the UK Continental…

Businesses in Scotland are being urged by the Scottish Government to withdraw from trading with Russia following its invasion of Ukraine. Finance and Economy Secretary…

Unilever UK Limited and four divisions of Scotch whisky giant Diageo have been expelled from a UK government-backed code that promotes fair treatment of suppliers…

Shares of Glasgow-based global engineering and mining giant Weir Group rose about 10% on Wednesday after it published results for the year ended December 31, 2021, showing…

Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc rose about 14% on Tuesday after it published a positive update on trading for the year ending…

Entrepreneur and philanthropist Tom Hunter said on Tuesday the Scottish Government’s latest announcement on its 10-year economic strategy is a “wish list with no magic…

Abrdn plc announced board changes with its annual results on Tuesday as the Edinburgh investment giant revealed that Martin Pike and Jutta af Rosenborg, its…

Edinburgh-based investment giant Abrdn on Tuesday reported a 47% rise in 2021 adjusted operating profit to £323 million as its fee-based revenue rose 6% to…

Equity investment in Scotland’s smaller businesses reached £403 million by the end of 2021’s third quarter, more than double the same period in 2020, according…

Shell plc has announced its intention to exit its joint ventures with Russia’s Gazprom and related entities, including its 27.5% stake in the Sakhalin-II liquefied…

BP has announced it will exit its 19.75% stake in Russian oil giant Rosneft — the most significant move yet by a Western company in…

The £3.5 billion Dundee investment trust company Alliance Trust plc has announced it wants to “achieve a more ethnically diverse board” over the next two…

The Abrdn UK Smaller Companies Trust plc has reported that its net asset value total return was 12.4% for the six months to December 31, 2021,…

Farmland values in Scotland rose at a faster rate than elsewhere in the UK in 2021 “with demand for land proving extremely strong” according to…

Managers of some of the most high profile investment trusts run by Edinburgh-based asset management giant Abrdn have published investment outlooks for their funds as…

More than 1,000 job opportunities at Edinburgh Airport will be advertised over the coming weeks as the airport launches a recruitment campaign ahead of the…

Shares of Aberdeen-based engineering giant John Wood Group plc fell about 16% on Tuesday after it announced it expects to report an exceptional charge of…

Proteus, a Cambridge data-driven consultancy firm, has announced the acquisition of Edinburgh AI-driven business software development company Sharktower in a roughly £10 million deal. Sharktower CEO…

The board of Edinburgh-based aviation logistics giant John Menzies plc said on Monday it “would be willing unanimously to recommend” a final cash takeover offer…

Investment into Scottish commercial property reached £2.2 billion in 2021 according to the latest Scotland Snapshot from Colliers. That’s up from the £1.4 billion recorded…

NatWest Group plc — the bank formerly known as RBS — has reported pre-tax profit of £4 billion for the 2021 calendar year compared to a…

Shares of Edinburgh-based aviation logistics giant John Menzies plc soared about 25% on Thursday to around £5.84 after Kuwait-based airport services firm National Aviation Services…

M&G Real Estate and its property development partner Qmile Group announced they have pre-let all 390,000 sq ft of Grade A office accommodation at the £350…