Glasgow-based packaging firm Macfarlane Group has announced the sale of its Macfarlane Labels Limited division to The Reflex Group Limited for £6.4 million. Macfarlane said…

Glasgow-based global engineering and mining giant Weir Group announced on Friday a major commitment to the Science Based Targets initiative (SBTi) in which the group will…

The total capital raised by the London Stock Exchange (LSE) in 2021 was £49.2 billion — £16.8bn in IPOs as 122 firms listed in London…

Archangels, the Edinburgh-based business angel investment syndicate, said it led investments totalling a record £23.7 million in promising Scottish tech and life sciences companies during 2021…

Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, fell about 35% on Friday to about 0.40p after it announced plans…

By Mark McSherry Edinburgh-based Miller Homes has been bought from private equity firm Bridgepoint Group plc by funds managed by affiliates of New York-based investment firm Apollo…

Plans have been submitted to the UK’s Oil and Gas Authority (OGA) by Corallian Energy Limited to develop the Victory Gas Discovery 50 kilometres north west of Shetland. The…

Aberdeenshire-based craft brewing giant BrewDog has announced that the independent review of its working culture is now complete and that chairman Allan Leighton and deputy chair…

Canadian pension fund Omers Infrastructure announced it agreed to sell a 25% interest in Scotia Gas Networks (SGN) to Global Infrastructure Partners (GIP). SGN’s other…

Shares of Edinburgh-based ready meals firm Parsley Box Group plc fell another 14% on Wednesday after it said it intends to raise further funding during the…

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, said on Wednesday it plans to extend the life of its Cononish gold mine near Tyndrum…

London-based asset management giant Schroders plc announced that it agreed to acquire a 75% shareholding in Greencoat Capital Holdings Limited for an initial consideration of £358 million…

NatWest Markets Plc said on Tuesday it has pleaded guilty in United States Federal Court to one count of wire fraud and one count of…

Aviva Investors and Edinburgh-based Par Equity have announced plans to deliver a “significant woodland creation and peatland restoration scheme” in West Aberdeenshire that aims to…

The UK’s Takeover Panel has extended the deadline to January 18 by which Martin Gilbert’s investment firm AssetCo plc and rival suitor Premier Miton Group…

The contrarian Scottish Investment Trust plc said on Monday its share price total return for the year to October 31 was 24.3% and the net…

ScotRail has announced the appointment of its new chief operating officer from April 1, 2022, when the train operator becomes a public body. Joanne Maguire,…

CBRE Investment Management, on behalf of CBRE UK Property PAIF, has acquired Exchange Place One, the Grade A office building on Semple Street and Fountainbridge…

Dozens of Scottish and British business leaders have joined forces to warn Scottish and Westminster politicians against creating a “hostile investment environment” for the North…

Aberdeen-based global engineering and consulting group Wood plc has announced a series of UK North Sea contract awards with key clients — including Shell UK…

Lomond Group has become the largest lettings and estate agent in Scotland after acquiring DJ Alexander. The deal, supported by Lomond Group’s private equity partner…

NatWest Group plc — formerly known as RBS — is set to take a 16.66% stake in Ireland’s Permanent TSB (PTSB) after the Irish bank…

Edinburgh-based investment giant Abrdn said on Friday it will appoint former Financial Conduct Authority (FCA) boss Catherine Bradley as a non-executive director and a member of…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), said on Friday it agreed to increase its equity interests in its…

UK exports of food and drink are down £2.7 billion or 15.9% in the first three quarters of 2021 compared to pre-pandemic levels, according to…

Fife-based timber expert Donaldson Group has acquired the £100 million turnover business Stewart Milne Timber Systems (SMTS), marking the Donaldson Group’s entry into the timber frame…

Scotland has experienced the highest growth in average household wealth in the UK over the last decade, growing by 66% versus 19% in London and 18% in…

London-based private equity real estate manager Henderson Park has exchanged contracts for the acquisition of Silverburn, the 100,000m² flagship shopping centre on the south side of Glasgow…

The Scottish Land Commission has commissioned a major report “to understand more about the nature and value of rural land sales in Scotland” in a…

Abrdn’s Aberdeen Standard European Logistics Income plc (ASLI) announced the acquisition of a portfolio of newly constructed last-mile logistics warehouses “with excellent sustainability credentials” located at…

Edinburgh-based crypto wallet and payments platform Zumo said it has become the first “consumer non-custodial crypto wallet” to be added to the Financial Conduct Authority’s…

Kintore, Aberdeenshire-based oil and gas pipeline specialist STATS (UK) Limited announced that its shareholders agreed to sell the company to SRJ Technologies Group plc (SRJ)…

Manchester-based self invested personal pension (SIPP) provider iPensions Group has acquired business assets of FCA-regulated firm Forthplus Pensions — currently in administration — providing some certainty to the Edinburgh firm’s 2,500-plus…

National Express Group Plc said on Tuesday it agreed to buy Perth-based transport rival Stagecoach Group Plc in an all-share transaction worth about £470 million. Following completion…

UK Finance, the collective voice for the banking and finance industry, has published its housing and mortgage market forecasts for 2022 and 2023 together with projections for 2021 full year…

The UK’s Financial Conduct Authority (FCA) said on Monday afternoon that National Westminster Bank Plc (NatWest) has been fined £264.8 million following convictions for three…

Pensions and financial services consultancy Hymans Robertson said climate risk could add £25 billion of additional deficit risk to FTSE 350 defined benefit (DB) pension…

Royal London confirmed on Friday afternoon it has offered to enter into “immediate and exclusive discussions” with mutual life insurer LV= — formerly known as Liverpool Victoria…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced the appointment of Anna Franekova to drive mergers…

Edinburgh-based Aegon UK has appointed Andy Dickson to the newly created role of Master Trust Strategic Development Director. “Andy will be responsible for building on…

The independent Scottish Fiscal Commission said on Thursday it expects a strong economic recovery in 2021-22, with Scottish GDP growing by 10.4% and economic activity…

Aberdeen-based North Star Group said it has clinched the service operations vessel (SOV) contract to support the third phase of the SSE-led Dogger Bank Wind…

Shares of Aberdeen-based bus and rail giant FirstGroup fell about 6% on Thursday after it warned about the “uncertainty around the pace of recovery in…

Glasgow-based fashion firm Quiz said on Wednesday its revenue increased 109% to £36 million in the six months to September 30 “further to the removal…

Perth-based transport firm Stagecoach Group said on Wednesday its revenue grew 27% to £579.4 million in the half-year to October 30, 2021, with profit before tax soaring…

Edinburgh-based asset management giant Abrdn plc announced that it priced its Additional Tier 1 bond issue of £210 million at 5.25% — as bond market reports…

Shares of Glasgow-based cloud computing firm Iomart Group regained some of their lost ground on Tuesday after the company reported strong levels of recurring revenues…

Edinburgh-based investment giant Abrdn said on Monday it has joined the ESG advocacy network the Emerging Markets Investors Alliance (EMIA). Abrdn is the newest major asset…

Scottish fund manager Anne Richards, the CEO of Fidelity International, has been named as the next chair of TheCityUK, the powerful lobbying group that represents the UK’s…

TSB bank said on Friday that its chief customer officer Robin Bulloch has been appointed interim CEO following the news that Debbie Crosbie has been…

Nationwide Building Society announced on Friday it has appointed TSB bank CEO Debbie Crosbie as its next chief executive and executive director, subject to regulatory approval….

Royal Dutch Shell said on Thursday it has scrapped its current involvement in plans to develop the controversial Cambo oilfield west of Shetland in a…

M&G Real Estate and property developer partner Qmile Group said on Thursday they have agreed pre-lets for 55% of Haymarket One at the new £350…

Edinburgh-based investment giant Abrdn announced plans on Thursday to acquire Manchester-based investment platform Interactive Investor for £1.49 billion in cash. Interactive Investor is a subscription-based platform within…

US asset management giant Vanguard has selected Edinburgh-based investment group Baillie Gifford — and its portfolio managers Sophie Earnshaw and Mike Gush — to co-manage…

The latest Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes and other post-retirement benefit plans for the…

Edinburgh-based asset management giant Abrdn has announced the launch of its Emerging Markets Sustainable Development Corporate Bond Fund, which “aims to address environmental and social…

The board of the £580 million Aberdeen Standard Asia Focus plc fund announced that it has conducted a “comprehensive review” of the company’s long-term strategy…

Shares of John Menzies plc, the Edinburgh-based global aviation logistics specialist, rose about 6% on Tuesday after it published an update on current trading that showed…

TSB announced it will close another 70 branches in 2022 as it “responds to declining branch use and increasing numbers of customers switching to digital…

Scottish Friendly Assurance Society Ltd announced that Stephen McGee will join the business as chief executive officer (CEO), subject to regulatory approval, in April 2022….

National Grid Electricity Transmission plc (NGET) and Scottish Power Transmission plc (SPT) have agreed to pay a record redress package of £158 million for delays…

Hammerson plc confirmed on Monday it is in discussions for a possible £140 million sale of Silverburn, its flagship shopping centre on the south side…

The £373 million Baillie Gifford UK Growth Trust reported on Friday its net asset value (NAV) per share increased 2.8% in the six months to October 31, 2021,…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said on Thursday its sales revenue has grown 25% in the year to date and profit…

John Menzies plc, the Edinburgh-based global aviation logistics specialist, announced that Menzies Aviation has secured an extension to its long-standing ground services partnership with easyJet…

Shares of Alva-based Omega Diagnostics Group plc fell about 25% on Thursday after it said it is “very disappointed with the lack of progress and commitment…

The £600 million Baillie Gifford European Growth Trust said on Wednesday it will be seeking shareholder approval to increase its permitted investments in unlisted companies from…

Blocking long-planned oil and gas projects in the North Sea would risk leaving UK consumers even more exposed to the global energy shortages that sent…

The £1.2 billion Edinburgh Investment Trust said on Monday its net asset value (NAV) has risen 48%, compared with 36.8% for the FTSE All-Share, since…