Artisanal Spirits shares rise on stock market debut
Shares of Edinburgh-based Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society (SMWS), rose on their fist day of trading on the London Stock…
Shares of Edinburgh-based Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society (SMWS), rose on their fist day of trading on the London Stock…
West of Shetland oil and gas explorer Hurricane Energy plc said on Tuesday it made a loss of $625.3 million for the year to December 31,…
Almost 35% of shareholders of Edinburgh-based international oil and gas company Cairn Energy voted against the company’s remuneration report at its AGM on Tuesday. “The…
Edinburgh-based asset management giant Standard Life Aberdeen plc announced on Monday its intention to change its name to “Abrdn plc” — a move that will…
ScottishPower announced it has submitted a planning application to deliver the UK’s largest electrolyser — which will be the key component of a green hydrogen…
UPDATE 3 — The UK’s Food and Drink Federation (FDF) said that exports of food and drink from the UK to the European Union plunged…
Royal London Asset Management (RLAM), which manages assets of £148 billion, has announced the appointment of Hans Georgeson as it chief executive officer. Georgeson will…
New statistics released on Friday from the UK’s Office for National Statistics (ONS) show that food and drink exports to the EU fell 63% in…
Edinburgh-based international oil and gas company Cairn Energy said on Tuesday it plans to sell its stakes in UK North Sea fields Catcher and Kraken…
Royal London said on Friday its 2020 profit before tax fell 68% to £131 million “reflecting reduced operating profit as well as lower relative returns on…
Royal London has announced the purchase of fintech business Wealth Wizards from Liverpool Victoria, subject to regulatory approval. Royal London is the UK’s largest mutual life,…
ExxonMobil Corp said on Wednesday it will sell non-operating interest in its UK and North Sea exploration and production assets to private-equity fund HitecVision for…
The SSEN Transmission business of Perth-based energy giant SSE has published a discussion paper calling for views on the current Transmission Network Use of System…
Brexit will cost the London economy up to £9.5 billion a year – with the city’s service sectors bearing the brunt of the downturn, according…
The Scottish Government has published its infrastructure investment plan that is backed by £33 billion over the course of the next parliament. “Significant capital investment…
Investment in Scottish commercial property fell about 42% to £1.2 billion in 2020 — from £2.074 billion in 2019 — as lockdown measures and economic…
Edinburgh-based international oil and gas company Cairn Energy said on Wednesday it ended 2020 sitting on a cash pile of $570 million and that it…
Aberdeen-based global engineering group Wood plc said on Tuesday it entered into a new agreement with Spirit Energy “to partner on the delivery of late…
Scotland’s First Minister Nicola Sturgeon said on Thursday night the “hard” Brexit deal announced by UK Prime Minister Boris Johnson appears to have broken major…
Global dividends fell $55 billion or 11.4% to $329.8 billion in the third quarter of 2020 as companies cancelled and cut payouts during the coronavirus…
Petroineos said on Tuesday it plans to mothball nearly half of its 200,000 barrel-per-day refinery at Grangemouth due to a coronavirus-related drop in demand for…
UK pension fund trustees are involved in a major clash with fund managers over voting on vital ESG issues – with the UK government now…
TSB said it has launched a new partnership with Aviva’s Wealthify “which will make investment opportunities directly available to TSB’s five million customers.” TSB said…
The number of workers on offshore oil and gas installations decreased by around 4,000 as the UK went into lockdown in March this year, official…
Scottish companies listed on the London Stock Exchange outperformed their indices in the third quarter of 2020 according to analysis from Brewin Dolphin, boosted by…
Edinburgh-based international oil and gas company Cairn Energy said on Tuesday its first-half revenue fell 20% to $214.9 million and it swung to a loss of…
The UK’s Oil and Gas Authority (OGA) has vowed to “take a robust stance” on flaring and venting of greenhouse gases in the North Sea….
Shares of troubled West of Shetland oil and gas explorer Hurricane Energy plc fell another 50% on Friday after it slashed its reserve estimates for…
Aberdeen Standard Investments said on Tuesday its Aberdeen New India Investment Trust saw its assets fall 23.1% to £241.5 million and stock market value fall…
Royal London said on Monday it made a pre-tax loss of £181 million in the first half of 2020 compared to a profit of £397 million in…
Glasgow-based temporary power generation giant Aggreko plc said on Thursday its revenue fell 13% to £667 million in the six months to June 30 while…
The Scottish Government’s Transport Secretary Michael Matheson on Tuesday unveiled details of the plans to decarbonise Scotland’s rail passenger services by 2035. Matheson launched the…
Perth-based renewable energy and electricity networks giant SSE and Iberdrola’s Scottish Power both slammed a proposal on Thursday by the UK’s energy regulator Ofgem to cut…
BP plc said on Monday it plans to write off up to $17.5 billion from the value of its assets after cutting its long-term forecasts…
Royal London announced on Wednesday the sale of its Ascentric platform business to M&G plc. The sale follows the completion of Ascentric’s re-platforming in 2019…
The leading representative body for the UK’s offshore oil and gas sector has warned that the latest oil price developments “could fundamentally undermine the ability…
The UK’s Financial Conduct Authority said this weekend it is asking listed companies to delay publication of their preliminary results for “at least two weeks”…
Royal London said its assets under management rose 22% to a new high of £139 billion as net inflows rose 29% to £9.89 billion in…
Cumbernauld-based Irn-Bru maker A.G. Barr came out fighting on Wednesday after news from PepsiCo Inc that it agreed to buy Rockstar Energy Beverages for $3.85 billion….
Edinburgh-based international oil and gas company Cairn Energy said on Tuesday its 2019 revenue rose to $533.4 million from $410.3 million in 2018 and its…
Aberdeen Standard Capital (ASC) said on Monday it appointed Barry Hardisty as Head of International based in Jersey. Aberdeen Standard Capital is the discretionary investment…
Global stock markets tumbled on Monday as investors fled to bonds amid the economic shock of the coronavirus, while oil prices plunged about 25% after…
Leeds-based private equity investor Endless LLP said on Wednesday it acquired Earlston-based BSW Timber Limited and all its associated subsidiaries. BSW is the UK’s largest…
The Brexit deal being pursued by the UK Government is likely to place “huge unnecessary burdens” on the UK’s biggest food export — Scottish salmon…
Swedish energy giant Vattenfall said it signed a 10-year electricity supply contract with Cumbernauld-based Irn-Bru maker A.G. Barr to introduce 100% renewable electricity across all Barr’s…
Royal Bank of Scotland on Friday announced a new £1 billion in funding through its NatWest business to support female entrepreneurs in the UK. RBS…
Shares of Scottish companies listed on the FTSE outperformed the FTSE 350 and All Share indices in 2019 — but Alternative Investment Market (AIM) firms…
UPDATE 3 — Shares of North Sea producer Premier Oil rose 15% on Tuesday after it announced plans to buy stakes in the Andrew and…
Aberdeen Standard Investments (ASI) has hired Adam Grimsley, former head of investment solutions at crypto-asset firm Prime Factor Capital, as an investment director. Before he…
Oil prices rose more than $3 on Friday after a US air strike at a Baghdad airport ordered by President Donald Trump killed the head…
Archangels, the Edinburgh-based business angel investment syndicate, said on Friday it recorded another active year of investments in Scottish start-up and early stage companies in the…
Edinburgh-based fund management giant Aberdeen Standard Investments (ASI) said on Friday it has been appointed by administrator Link Fund Solutions (LFS) to replace Neil Woodford…
Edinburgh-based craft beer company Innis & Gunn announced on Tuesday that Heriot-Watt University’s Research Park on the west edge of Edinburgh — home to the International…
Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…
Israel’s Delek Group said its Ithaca Energy subsidiary, which it plans to spin off in a London stock market listing, completed a deal to buy…
On her first day as CEO of Royal Bank of Scotland Group on Friday, Alison Rose shared her vision for the company with staff —…
Troubled East Kilbride-based Goals Soccer Centres plc has been bought in a prepack administration by a new entity backed by the family of company’s original…
Shares of oil and gas firm i3 Energy soared almost 50% on Tuesday after it announced it discovered around 200 million barrels of oil in…
Shares of Edinburgh-based oil and gas company Cairn Energy fell 9% on Monday after it said a long-awaited tribunal decision on its proceedings against India won’t…
Shares of Edinburgh-based oil and gas company Cairn Energy fell about 4% on Tuesday after it said it failed to find hydrocarbons at the Chimera well…
Scottish FTSE-listed company shares have gained 6.81% in the first nine months of 2019, against the FTSE All Share’s 10.39% rise, according to the latest…
A bill to support the set-up of the Scottish National Investment Bank and help put green investment at its heart has passed stage one, following…
Oil prices rose more than 15% at the open on Sunday after an attack on Saudi Arabia’s oil facilities on Saturday that knocked out more…
Shares of Edinburgh-based international oil and gas company Cairn Energy rose about 7% on Tuesday after it announced strong half-year results and a production target upgrade. Cairn…
West of Shetland oil and gas explorer Hurricane Energy plc on Monday gave investors an update on its important Lancaster field, where it achieved “First…
Norwegian state-owned energy giant Equinor and its partners on Thursday announced first oil from the massive Mariner field in the UK North Sea. The field…
Royal London said its assets under management (AUM) hit a record of £130 billion in the first half of the year “due to market growth…
A crossparty group of UK parliamentarians is set to bring a legal challenge in the Scottish courts over whether the next UK prime minister can…
Shares of Jersey Oil & Gas (JOG) soared 155% on Monday after it said it was awarded 100% working interests and operatorship of three North…
Shares of Scottish companies listed on the main FTSE stock market ended June 9.5% higher than they started the year, compared to a rise of…