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,…

River & Mercantile Group (R&M) has announced the appointment of Alex Hoctor-Duncan, Global Head of Aberdeen Standard Investments, to the River & Mercantile board as…

Forth Ports has unveiled ambitious proposals for the creation of Scotland’s largest renewable energy hub on a 175 acre site at the Port of Leith. “This…

Scottish Enterprise, Scotland’s national economic development agency, said on Monday it will invest £400 million to safeguard and create jobs. The agency said Scotland’s unemployment levels…

The Eden Project said on Friday it has signed a memorandum of understanding with the owners of its preferred site for Eden Project Dundee and…

Aberdeen-based bus and rail giant FirstGroup plc has announced the agreement of  National Rail Contracts (NRCs) with the UK Department for Transport (DfT) for its…

Baillie Gifford star fund manager James Anderson has joined the board of Heart of Midlothian Football Club. Last June, Anderson donated an initial £3.1 million to…

A major shareholder in troubled West of Shetland oil and gas explorer Hurricane Energy plc is demanding the removal of five directors of the firm….

Aberdeen-based bus and rail giant FirstGroup plc has become embroiled in a public dispute with its biggest shareholder Coast Capital LLC over the proposed £3.3 billion…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, confirmed on Tuesday it is in “advanced discussions…

Edinburgh-based Standard Life Aberdeen (SLA) — currently changing its name to Abrdn — has announced the appointment of Caroline Connellan as chief executive officer of Personal…

Edinburgh-based international oil and gas company Cairn Energy has sued Air India in an attempt to enforce a $1.2 billion arbitration award it won in…

Scotland’s salmon farming industry exported a record amount of fresh fish to the European Union in the first quarter of 2021 despite post-Brexit disruptions, according…

DataVita, Scotland’s largest data centre and multi-cloud services provider, has acquired the Fortis data centre in Lanarkshire with £45 million of support from HFD Group….

Menzies Distribution announced that former Booker CEO Charles Wilson has acquired a “significant minority shareholding” in the company and has joined the board as a…

ILC Therapeutics, a Newhouse, Lanarkshire-based biotechnology company involved in the development of a new class of interferon drugs, has announced the strengthening of its board…

Baillie Gifford investment manager James Anderson has delivered a fiesty farewell message to shareholders of the firm’s high-flying flagship fund, the £18 billion Scottish Mortgage…

Baillie Gifford’s high-flying flagship fund, Scottish Mortgage Investment Trust plc, said on Thursday it produced its strongest ever return in the year to March 31,…

John Menzies plc, the Edinburgh-based global aviation services business, announced on Tuesday its intention to raise £22 million via a sale of shares. The firm…

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…

Glasgow-based packaging firm Macfarlane Group said on Tuesday its sales in the first quarter were 15% ahead of the same period in 2020 and that group…

Royal London said on Monday it has hired former Scottish Conservative Party leader Ruth Davidson as non-executive director with effect from June 8, 2021. Davidson will…

Aberdeen Harbour Board has awarded two new contracts worth £60 million for the construction of its South Breakwater and Crown Wall. Both structures will provide protection…

Permanent staff appointments across Scotland rose at a faster pace during April — with the rate of increase the fastest since July 2014 — according to…

Shares of Glasgow-based cloud data centre operator Iomart Group plc rose about 8% on Thursday following its Capital Markets Day presentation to investors on Wednesday…

Shareholders of Edinburgh funds platform Nucleus Financial Group have finally agreed to a £145 million takeover by investment firm James Hay. In a stock exchange statement, James Hay…

The latest data published by Mercer’s Pensions Risk Survey shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest…

Mortgage lending in the UK showed the biggest net increase on record in March 2021, and UK households saved another £16.2 billion into bank and…

Latest data from fund research giant Morningstar shows that smaller companies funds maintained their 2021 winning streak in April, with European funds “leading the charge.”…

Macquarie Capital, Aberdeen Standard Investments (ASI) and Daiwa Energy & Infrastructure (DEI), the investors behind Spain’s Onivia Network, have acquired a majority stake in a…

Shares of Glasgow-based global engineering and mining giant Weir Group edged 1% higher on Thursday after it published a trading update for the first quarter ending March…

AGS Airports, which owns and manages Aberdeen International, Glasgow and Southampton airports, has confirmed the appointment of former Scottish Enterprise CEO Lena Wilson as its…

Shares of Scotgold Resources Limited, the Australia-based gold exploration company focused on Scotland, fell another 20% on Tuesday after it published a stock exchange statement saying…

By Mark McSherry The £2.32 billion takeover of Glasgow-based mobile power giant Aggreko plc by private equity firms TDR Capital LLP and I Squared Capital has…

The latest UK Powerhouse report by law firm Irwin Mitchell and the Centre for Economics and Business Research (Cebr) predicts that Edinburgh will be among…

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…

The coronavirus pandemic forced the UK government to borrow £303.1 billion in the year ending in March, an increase of £246.1 billion on the previous…

Aberdeen Standard Investments (ASI) has confirmed a change in the management of its prominent £12 billion Global Absolute Return Strategy (GARS) fund. Veteran GARS fund manager Neil…

The £240 billion investment trust industry is requesting the removal of stamp duty and stamp duty reserve tax (SDRT) on purchases of investment trust, investment company…

The £2.32 billion takeover of Glasgow-based mobile power giant Aggreko plc by private equity firms TDR Capital LLP and I Squared Capital has been thrown into…

Edinburgh asset management giant Baillie Gifford has invested $100 million in Blockchain.com — the largest single investment yet made in the crypto wallet provider that…

Scottish Equity Partners (SEP) said it completed a $25 million growth equity investment in Basis Technologies, a provider of “DevOps and test automation software for…

Scottish Financial Enterprise (SFE), the representative body for Scotland’s financial services industry, has launched its first ever election manifesto — calling for much more collaboration…

By MarkMcSherry The UK’s national debt has grown 418% since 1995, far faster than its European neighbours and far outstripping economic growth of 94%, according…

Edinburgh-based Menzies Aviation, the global aviation logistics specialist, said it has been awarded a five-year cargo contract with Avianca at Miami International Airport (MIA). “This contract…

Aberdeen Standard Capital (ASC) has announced its biggest charity strategic partnership to date by securing the CAF Financial Solutions Limited (CFSL) mandate of £200 million….

The UK central bank and the UK Treasury have announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration…

Canada’s Canaccord Genuity Group announced on Thursday it agreed to acquire the private client investment management business of Edinburgh-based private bank Adam & Company for…

International asset management firm Capital Dynamics has announced the acquisition of a 100% equity stake in the Sorbie onshore wind project in North Ayrshire, Scotland,…

Scottish-headquartered UK law firm Shepherd and Wedderburn said on Thursday its corporate finance team advised on deals with an aggregate value of £7.1 billion in…

Glasgow-based cloud data centre operator Iomart Group plc announced it has further strengthened its senior leadership team with the appointment of Neil Christie as its…

Scottish Chambers of Commerce (SCC) president Tim Allan warned on Wednesday that the Scottish Government must “reset its relationship with business” so that Ministers are…

The chief executive of Edinburgh Airport, Gordon Dewar, has warned that Scotland’s global influence and economic competitiveness will be undermined unless the new Scottish Government engages meaningfully with airports and…

The UK Government’s Business Secretary Kwasi Kwarteng has rejected calls to bring an end to new licences for North Sea oil and gas as part of efforts…

Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 15% on Wednesday after it announced another collaboration with the University…

A report published on Wednesday by Oxford Economics, commissioned by The Hunter Foundation, argues that radical and ambitious policy changes are required if Scotland’s economic…

Glasgow-based packaging firm Macfarlane Group announced it acquired Carters Packaging (Cornwall) Limited, the owner of Carters Packaging Limited. “Carters is a well-established business, based in Redruth, Cornwall,…

The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies was £80 billion at the end of March 2021,…

Principal Global Investors has hired Åsa Norrie from Aberdeen Standard Investments (ASI) to be its European regional chief executive officer and head of distribution. Principal manages…

Shares of Scotgold Resources Limited fell about 20% on Wednesday after it published a stock exchange update on production delays at its Cononish Gold &…

Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) and partner BYD UK said on Wednesday their electric bus partnership received an order from Aberdeen-based First Bus…

Cumbernauld-based Irn-Bru maker A.G. Barr said on Tuesday its revenue fell 11.2% to £227 million in the year to January 24 and statutory profit before…

Edinburgh-based international oil and gas company Cairn Energy confirmed on Tuesday that the Government of India has appealed a tribunal’s decision to award the Scottish firm…

Newcastle-based Fairstone Financial Management has announced the acquisition of Glasgow based financial adviser Chartermarque, securing gross fee income of £1 million together with funds under…

Edinburgh-based investment giant Baillie Gifford has toppled London-based Schroders from the number one position in the prestigious annual rankings of UK fund management brands by Broadridge. Schroders…

Edinburgh-based ready meals firm Parsley Box said on Friday it will have a stock market capitalisation of £83.8 million on admission to the AIM market…

Baillie Gifford’s Schiehallion Fund is targeting a $500 million-plus raise through a C-share issue. The fund is dedicated to making investments in “later stage private businesses…

Edinburgh-based asset management giant Aberdeen Standard Investments (ASI) has joined a list of major institutional investors to shun Deliveroo’s initial public offering (IPO) next month…

Richard Meddings has announced his intention to step down as chairman of TSB Bank plc following Spanish parent firm Banco Sabadell’s decision that no sale process…

The UK government said on Wednesday it reached an agreement called the North Sea Transition Deal with the oil and gas industry that will help support 40,000 jobs…