Dividends to hit $1.39 trillion, just 3% below peak
Global company shareholder dividends will rise in 2021 to $1.39 trillion — just 3% below their pre-pandemic peak — according to the latest Global Dividend Index…
Global company shareholder dividends will rise in 2021 to $1.39 trillion — just 3% below their pre-pandemic peak — according to the latest Global Dividend Index…
easyJet plc said it has appointed former Royal Bank of Scotland CEO Stephen Hester as a director and chair designate. Hester, 60, will join the…
New analysis from KPMG shows that Scottish private equity investment rose considerably in the first half of 2021 “as investor confidence returned and vendors brought…
UK government borrowing for the first four months of its fiscal year stood at £78 billion at the end of July — the second-highest financial…
The Scottish Government said on Friday it has agreed to work with the Scottish Green Party Parliamentary Group over the next five years. This agreement…
ScotRail has announced that it is planning to cut about 300 rail services per day from May 2022 — proposing a new timetable to operate…
STV’s media studios and HQ facility at Pacific Quay, Glasgow, have been acquired as part of an £80 million property investment deal by real estate…
The Scottish National Investment Bank has committed £50 million over five years to the creation of new woodland and forestry management in Scotland. As a…
Venture capital (VC) investors continue to deploy record amounts of money into Scottish scaleup companies with more than £322.3 million raised in the first half…
Scottish corporate and finance veteran Benny Higgins is to join Glasgow investment firm N4 Partners as chairman. Higgins will also chair the N4 Advisory Board, which…
Shares of Thurso-based battery cell developer AMTE Power, which went public in March, rose about 5% on Wednesday after it announced it is shortly expected to…
Edinburgh-based investment bank Noble & Co announced two senior appointments to help “increase the firm’s capacity to source prospective deals.” Noble has hired Susi Crawford…
The Scotch Whisky Association (SWA), currently looking for a new chief executive, has released export figures for the first half of 2021 which show some…
The latest estimates of the controversial and highly contested Government Expenditure & Revenue Scotland (GERS) statistics have revealed the full impact of the pandemic on…
Investment trust dividends slipped for the first time in a decade in the first half of 2021 — but have still outperformed the wider market “by…
The Scottish Government said on Tuesday it is taking the “first steps on the road” to establishing a Scottish Minimum Income Guarantee (MIG). Social Justice…
Aberdeen Standard Investments’ veteran Asia chairman Hugh Young told Bloomberg in an interview the Edinburgh-based asset management giant is sticking with its big China investments…
SOLASTA Bio, a Glasgow University spinout company specialising in the next generation of green insecticides, has secured seed investment of £1.3 million to support ongoing…
Aberdeen Standard Investments’ Pan-European Residential Property Fund (ASPER) said on Monday it has exceeded €1 billion of committed equity. ASPER is an open-ended fund designed…
Deltic Energy Plc announced it has entered into a binding, conditional farm-out agreement in relation to five of its gas licences in the Southern North Sea…
Mark McSherry A top executive at Edinburgh-based investment giant Aberdeen Standard Investments said cryptocurrency is still the “wild west” in terms of regulation and consumer protection…
First Minister Nicola Sturgeon has written to UK Prime Minister Boris Johnson calling for the UK Government to reassess oil and gas licences already issued…
Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, said on Wednesday it plans to grow its…
Baillie Gifford’s high-flying flagship fund, the £20 billion Scottish Mortgage Investment Trust plc, announced it has raised a further £200 million by issuing two long-term, fixed…
Catterick-based managed IT services provider razorblue has announced further expansion in Scotland with the acquisition of Stirling-based sarn Technologies Ltd for an undisclosed sum. razorblue…
New HMRC figures show that the average inheritance tax bill in Scotland for deaths in 2018-19 was £195,798, an 8.5% increase on the previous year,…
Reading-based Idox plc announced the acquisition of Stirling-based thinkWhere Limited, a geospatial information services (GIS) technology business. Idox said thinkWhere provides end to end GIS…
UK and Scottish law firm Brodies LLP has reported revenue of £82.5 million, up from £82 million, with operating profit increasing from £38.5 million to £39…
South Carolina-based Novolex has acquired Edinburgh-based Vegware, a rapidly growing international provider of compostable foodservice packaging that sells to over 70 countries around the world. Novolex…
Mitsubishi Electric Corporation and its subsidiary Mitsubishi Electric Power Products announced on Monday they agreed to acquire Glasgow‑based Smarter Grid Solutions (SGS), a spin-out from…
Edinburgh-based private bank Hampden & Co said on Monday its deposits rose by £180 million or 42% to £603 million in the six months to…
Shares of Edinburgh-based oil and gas company Cairn Energy rose another 7% on Friday — following a jump of 26% on Thursday — after London’s…
The Scottish Government said on Friday that an independent review of how fish farms are regulated in Scotland is underway in a move “to make…
Edinburgh-based investment giant abrdn announced that former State Street executive Hannah Grove will be appointed a non-executive director of the asset management group on September…
The £145 million acquisition of Edinburgh funds platform Nucleus Financial Group by James Hay to create a £47 billion adviser platform has received regulatory approval and the offer…
The latest Royal Bank of Scotland Report on Jobs shows that Scottish labour market conditions continued to strengthen during July, with a shortage of candidates…
Shares of Edinburgh-based international oil and gas company Cairn Energy soared about 26% on Thursday amid news that India has proposed scrapping a controversial law that…
Pension funds in the UK have been urged by prime minister Boris Johnson and finance minister Rishi Sunak to provide an “investment big bang” by…
June data published by the Investment Association (IA) has revealed that the first half of 2021 saw UK fund market net retail sales of £24 billion,…
Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 5% on Thursday after it announced a collaboration with the University…
Embattled Aberdeen-based bus and rail giant FirstGroup plc said on Thursday that non-executive directors Martha Poulter and Steve Gunning have notified the group they will not…
Legal & General said it has entered a 15-year joint venture partnership with NatWest Pension Trustee Limited (NWPTL) to invest £500 million of equity to…
Edinburgh-based international oil and gas company Cairn Energy said on Monday that Italy’s Eni has announced an oil find in offshore Mexico — at the Sayulita Exploration Prospect…
NatWest Group plc, formerly known as RBS, said on Friday it will aim to distribute a minimum of £1 billion a year to shareholders via a…
TSB Bank plc on Thursday reported a statutory first-half profit before tax of £42.9 million compared to a pre-tax loss of £65.5 million in H1…
Shares of Glasgow-based Smart Metering Systems plc (SMS) rose as much as 3% on Wednesday as the firm published a trading update for the six months…
The Association of Investment Companies (AIC) has appointed Richard Stone as its chief executive from September 13, 2021. The AIC was founded in 1932 to represent the…
Perth-based Stagecoach, the UK’s biggest bus operator, has announced plans to create 80 jobs at a new customer contact centre in its home city. Stagecoach…
Business activity has risen in Scotland as the wider UK economy continues to reopen, with business sentiment continuing to improve through the second quarter of 2021….
The Scottish Affairs Committee of the UK government announced it has launched a new inquiry “considering airports in Scotland.” The committee said the focus of…
Forth Ports, Scotland’s largest ports operator and owner of seven Scottish ports on the east coast, said on Tuesday it has “intimated” to the Scottish…
Virgin Money, the Glasgow-headquartered banking group formerly known as CYBG, said on Tuesday its customer lending rose 0.4% to £72.5 billion in its third quarter…
By Mark McSherry Aberdeen-based bus and rail giant FirstGroup plc said on Tuesday that CEO Matthew Gregory will step down at the company’s AGM on…
FirstGroup’s biggest shareholder Coast Capital LLC has again demanded the resignation of the Aberdeen-based bus and rail giant ‘s chief executive following the £3.3 billion…
Crown Estate Scotland announced that the process to secure seabed for Scotland’s next generation of offshore wind farms has attracted 74 applications. Analysts have estimated…
NatWest Group plc — formerly known as RBS — said on Friday it is making progress with its phased withdrawal from the Republic of Ireland…
Alliance Trust plc, the £3.3 billion Dundee investment trust company which uses external fund managers Willis Towers Watson (WTW), said on Friday it is “reviewing…
Aberdeen Standard Investments (ASI) has announced the launch of a range of climate funds aimed at supporting the shift towards net zero global emissions. “These…
Investment in Scottish commercial property increased 35% during the first six months of 2021 compared to the same period last year as the market continued…
By Mark McSherry Aberdeen-based bus and rail giant FirstGroup plc said on Thursday it has increased its proposed return of value to shareholders to £500…
The UK Government on Thursday unveiled a plan to return NatWest-RBS to majority private ownership within a year. The UK taxpayer still owns 54.7% of NatWest-RBS…
Cazenove Capital said its Edinburgh team has moved to a new base in Charlotte Square and has announced the appointment of James Burley as a portfolio…
Edinburgh-based Menzies Aviation has won a ground services contract with WestJet as the Canadian airline begins flights into Amsterdam Airport Schiphol (AMS). “This win for…
UK insurer and asset manager M&G said it has invested in two private companies at the forefront of carbon capture and storage technology — including…
Falkirk-based Alexander Dennis Limited (ADL) and China’s BYD UK jointly announced that their electric vehicle partnership has signed a framework agreement with the National Transport Authority…
Aberdeen-based global engineering group Wood plc said it has formed a partnership with insurance giant AIG and the University of Strathclyde’s Institute for Future Cities…
The UK’s Central Bank has become “addicted” to quantitative easing, according to a report published on Friday by the Economic Affairs Committee in the House of…
ScottishPower and Shell have joined forces with a bid to develop the world’s first large-scale floating offshore windfarms in the north-east of Scotland. The partnership…
Thurso-based battery cell developer AMTE Power, which went public in March, said on Friday it is “in regular dialogue with elements of the UK government…
Edinburgh-based Blockchain Technology Partners (BTP) announced it has closed a seed round of £2 million led by Force Over Mass, a London-based venture capital firm, and…