Equinor UK Ltd, a subsidiary of Equinor ASA, and Shell UK Limited, a subsidiary of Shell plc, are to combine their UK offshore oil and…

Scotland’s economy recorded strong growth in the first half of 2024 — but there are signs that growth is slowing in the second half of…

Growth capital investor BGF announced a £15 million investment in Glasgow-headquartered Sulmara, an independent provider of survey and inspection services to the offshore wind and…

By Mark McSherry The Scottish Government is pressing ahead with its plans to go directly to the international bond market for the first time in…

The UK’s Investment Association (IA) is staging a new flagship event, the IA Scottish Investment Conference, at the Edinburgh International Conference Centre (EICC) on Tuesday….

By Mark McSherry Baillie Gifford’s flagship investment trust, the £13.5 billion Scottish Mortgage fund, said it cashed in some of its huge profits from the…

US Treasuries fell sharply on Wednesday — with yields surging — as Donald Trump’s election victory led to an increase in bets on economic policy…

Canada’s Juniper Group, an operating unit of Vela Software and Constellation Software, Inc,  announced the acquisition of Glasgow-based Traveltek, which it called “an innovative suite…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said on Tuesday its order pipeline is “converting as expected” and it reiterated its 2024 full…

David Whitehouse, Offshore Energies UK CEO: “Today we heard the Chancellor recognise the role of the oil and gas sector to support high quality jobs and…

By Mark McSherry Perth-based electricity infrastructure giant SSE plc and its subsidiary SSEN Transmission have signed new sustainability-linked Revolving Credit Facilities totalling £3 billion through…

Equity deal activity involving smaller businesses in Scotland picked up during the first half of 2024, one of only two parts of the UK to…

Edinburgh-based oil and gas firm Capricorn Energy has updated shareholders on payments due from its Senegal interests. Capricorn said it may be entitled to an…

Scotland’s onshore GDP grew by 0.3% in July 2024, according to statistics announced by the Chief Statistician. The wider UK economy stalled recently at 0.0%….

Edinburgh-based investment giant Abrdn plc announced that former Marks & Spencer co-CEO Katie Bickerstaffe and former Terra Firma CEO Vivek Ahuja have been appointed to…

London-based international law firm Mishcon de Reya announced that Alison Rose, former CEO of NatWest-RBS, has joined the firm as an advisor. Rose was forced to…

The UK oil and gas industry has more than halved methane emissions since 2018 and reduced overall emissions associated with the production of oil and…

Celtic plc said its revenue increased 3.9% to £124.6 million in the year to June 30, 2024, but its profit before taxation fell to £17.8 million…

CBI CEO Rain Newton-Smith is to call on the Scottish and UK governments to unleash the “restless energy” of business to “help turn Scotland’s energy…

SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, said it successfully launched its debut issuance in the Euro bond market with…

Brazil has granted special protected status to Scotch Whisky in a move that could be worth around £25 million over five years and will give distillers…

After a rocket engine exploded during a launch test at the UK’s new spaceport in Shetland on Monday, the CEO of SaxaVord Spaceport has warned:…

The Scottish National Investment Bank said it has invested a further £10 million in Highland Broadband, which is part of Lothian Broadband Networks Limited. The bank…

Global stock markets fell sharply on Monday — with the Japanese index suffering its worst day in 37 years — as investors around the world…

Royal London said in its 2024 first-half results on Friday that its assets under management increased to £169 billion from £162 billion at the end…

Independent UK oil and gas producer Viaro Energy confirmed on Tuesday it would buy UK Southern North Sea natural gas assets owned by Shell and Exxon…

Women in Scotland are starting and running new businesses at almost the same rate as men for the first time, while one in five entrepreneurs…

Perth-based electricity infrastructure giant SSE said it has been granted planning permission for a solar farm located on lands near its existing 18 turbine Richfield…

Perth-based electricity infrastructure giant SSE said renewable output in its first quarter was 60% higher than the same period last year “reflecting a return to…

Elgin-based house builder Springfield Group has made two senior promotions, appointing Andrew Curran to Managing Director (Central) covering Springfield Properties, Dawn Homes, Walker Group and…

The Scottish Chambers of Commerce’s latest Quarterly Economic Indicator survey shows that confidence and trading conditions have improved slightly among Scottish firms, albeit it remains at…

The UK Financial Conduct Authority (FCA) said it has overhauled listing rules for company shares in London to reduce red tape in an effort to “boost…

UK finance minister Rachel Reeves and UK business secretary Jonathan Reynolds have instructed their officials to begin work to “align” public finance institutions the UK…

The Scottish National Party (SNP) has lost 38 Westminster seats so far in the UK general election — amid a low turnout by voters —…

Savills announced it has been appointed by Nuveen Real Estate to market a 25% interest in Edinburgh’s St James Quarter — and jointly appointed to…

Highlands and Islands Airports Limited (HIAL) has announced a 3.5% year-on-year increase in passenger numbers for 2023-24 across its network of airports, bringing the total…

Serica Energy plc, the independent upstream oil and gas company, announced that it has received final approval from the North Sea Transition Authority (NSTA) to…

Nearly 80% of tech industry bosses in Scotland have revealed they believe the sector will “grow rapidly” in the next five years. A report by…

Chevron is planning to sell its remaining UK North Sea oil and gas assets in a move that would mark the US energy giant’s exit…

Entrepreneurs and innovators from across the Glasgow area have started gathering for the first-ever Tech Week in Scotland. Taking place May 13-18, Glasgow Tech Week…

First Minister Humza Yousaf confirmed on Thursday that the Scottish Government’s formal co-operation agreement with the Scottish Green Party has ended. The Scottish Conservatives said…

Italian energy firm Eni S.p.A. announced that it has reached an agreement to merge “substantially all” of its upstream assets in the UK with Aberdeen-headquartered Ithaca…

A new executive education programme to address the growth barriers faced by impact-oriented businesses in Scotland has been launched. Strathclyde Business School is to deliver…

Only 12% of investment trust managers are female, according to research from the Association of Investment Companies (AIC). This figure remains unchanged since 2022 and…

Highlands and Islands Airports Limited (HIAL) announced the appointment of Paul Kelsall as CEO. Most recently, Kelsall was MD of Offshore Helicopter Services UK Limited and…

UK finance minister Jeremy Hunt delivered his budget speech on Wednesday, confirming a widely expected cut of 2 percentage points to National Insurance. However, Hunt…

Glasgow is predicted to be the fastest growing city in Scotland over the next three years (2024 – 2027) with an average gross value added…

Celtic plc announced that its revenue increased 11% to £85.2 million in the six months to December 31, 2023, while profit before taxation slipped to…

SSE plc, the Perth-based electricity infrastructure giant, said on Thursday that SSE Renewables’ output over the first three quarters of the year was around 15%…

The EY ITEM Club Scottish Winter Forecast has predicted that Scotland’s economy is set to gain momentum this year with the prospect of interest rate cuts…

Aberdeen-based independent oil and gas firm Parkmead Group announced it has been provisionally awarded three new offshore blocks by the North Sea Transition Authority (NSTA) in…

Shell UK said it has given the financial go-ahead for the development of the Victory gas field in the UK North Sea, approximately 47 km north-west…

The Scotch Whisky industry generated £7.1 billion of Gross Value Added (GVA) for the UK in 2022 — with £5.3 billion of that generated in…

Scottish Enterprise has unveiled its new “future focus” to help unlock thousands of new jobs and billions of pounds of global growth opportunities. The national…

SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, has successfully issued a £500 million 20-year green bond maturing on January 15,…

John Wood Group, the Aberdeen-based engineering and consulting giant, said it secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides…

SSE plc, the Perth-based electricity infrastructure giant, announced that Catherine Raw, managing director of its SSE Thermal business, will leave on April 12, 2024, to…

Proposed new rules to encourage companies to list their shares in the UK — and for the regulation of bond and derivatives trade information — have…

The Scottish Government has published the Scottish Budget for 2024 to 2025, with measures that include a new tax band of 45p in the pound that…

The unemployment rate in Scotland has fallen to 3.8% and a record number of people are in work, according to the latest figures from the…

John Wood Group, the Aberdeen-based engineering and consulting giant, said it has secured a two-year contract extension with Equinor UK Limited to support energy production…

Inflation in the UK slowed by more than expected in October as household energy prices fell and services sector price growth also eased. Annual consumer price…

Scotland’s £42 million national Techscaler network is being expanded to support more of the country’s most promising young technology companies. A partnership with Borders organisation…

Associated British Ports (ABP) has announced a deal to investigate an area “for the development of infrastructure to support offshore wind (OSW) manufacturing, assembly and…

The UK’s North Sea Transition Authority (NSTA) said it has granted development and production consent to Equinor and Ithaca Energy for the controversial Rosebank oil…

The number of first-time home buyers in Scotland fell 14% between January and August 2023 compared to the same period in 2022, according to the latest…

Glasgow-based independent whisky firm Brave New Spirits said planning permission for its Witchburn Distillery near Campbeltown has been granted by Argyll & Bute council. The single…

Scotland’s big financial services sector must do more to improve social mobility, according to a roundtable hosted by KPMG UK in partnership with Scottish Financial…

The Scotch Whisky Association (SWA) has released new figures showing that the value of exports in the first half of 2023 held steady when compared…

Royal London said its assets under management increased to £153 billion in the six months to June 30, 2023, from £147 billion at the end…