Metro Bank said on Tuesday it completed the sale of a £3 billion residential mortgage portfolio to NatWest Group plc. “Further to Metro Bank’s announcement…

Dentons’ 20-strong Scottish private client team is joining Scottish-headquartered UK law firm Shepherd and Wedderburn to create one of Scotland’s largest private client practices. The…

Shares of Virgin Money UK rose about 7% on Tuesday after it published a first quarter 2021 update saying trading in the three months to…

The Scotch Whisky Association (SWA) said on Tuesday that losses suffered by the industry as a result of tariffs on Scotch Whisky exports to the United States…

Aberdeen Standard Investments (ASI) said on Monday it has launched the Multi-Asset Climate Solutions (MACS) Fund in partnership with The Big Issue Group (TBIG). Aberdeen…

TSB Bank plc said on Monday its customer deposits soared 14% to £34.4 billion in 2020 “due to reduced customer spending and growth in business…

Shares of Australia-based Scotgold Resources, the gold exploration and production company focused on Scotland, fell about 8% on Friday after it published a stock exchange…

Celtic plc announced on Friday that CEO Peter Lawwell has tendered his resignation and will retire from his role on June 30, 2021. The club…

AGS Airports Ltd, which owns Aberdeen International, Glasgow and Southampton airports, has announced big changes to its executive committee. AGS Airports is jointly held by…

M&G plc said it has signed a 20-year lease with the Stirling Development Agency (SDA) to occupy new offices to be built at the Kildean…

Aberdeen Standard Investments (ASI) announced that Katie Trowsdale has been promoted to the Head of Multi-Manager Strategies, the fund of fund arm of its Multi…

Edinburgh-based investment giant Standard Life Aberdeen (SLA) said on Monday it has made three senior appointments in its global leadership team and that Julie Scott,…

The UK’s public sector net debt rose £333.5 billion in the first nine months of the financial year to reach £2.13 trillion at the end…

Seafood exporters hit by Brexit red tape will be able to claim up to £100,000 compensation each after the UK government announced funding of up to…

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…

By Mark McSherry The £808 million Baillie Gifford US Growth Trust plc said on Monday its share price and net asset value (NAV) returned 50.8% and…

The Scotch Whisky Association (SWA) said on Monday that cutting tax on Scotch Whisky and other spirits in the UK Budget could give UK finance…

The Public Relations and Communications Association (PRCA), the world’s largest professional PR body, has urged Edinburgh-based lobbying company Charlotte Street Partners to rethink its appointment of…

Scottish fishermen are making a 72-hour round trip to land fish at auctions in Denmark as the only way to guarantee that their catch will get…

Copenhagen Infrastructure Partners (CIP) is selling its 35% stake in the Beatrice offshore wind farm off the Caithness coast to The Renewables Infrastructure Group (TRIG) and…

The Scottish Environment Protection Agency (SEPA) has confirmed it is “continuing to respond to an ongoing ransomware attack likely to be by international serious and…

The Association of Investment Companies (AIC) — which represents the £229 billion investment trust industry — said Elisabeth Scott has been voted chair of the AIC. The…

A strong final quarter of 2020 saw shares in listed Scottish companies outperform the wider FTSE and AIM All Share indices as they soared 29.61%…

Edinburgh’s office market proved resilient in 2020 with take-up nearing 500,000 sq. ft. and demand remaining strong, according to analysis from Knight Frank. The commercial…

Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, said on Monday it appointed John Berthinussen and Calum Cusiter as co-managing directors. Andy…

Many Scottish fishermen have stopped exporting to European Union markets because post-Brexit bureaucracy has broken the system that used to deliver fresh langoustines and scallops…

The UK’s fund industry enjoyed record highs in November 2020 as savers invested £8.3 billion with active funds attracting a record £5.3 billion of inflows and tracker funds…

Edinburgh-based craft beer company Innis & Gunn has announced a new partnership with Dublin-based C&C Group to sell and distribute Innis & Gunn’s range of beers across the on-trade in the UK and Ireland. Innis…

Edinburgh-based investment giant Baillie Gifford has appointed Josie Bentley as a co-manager of its top-performing £2.3 billion Baillie Gifford European Fund, joining existing managers Stephen…

UK fund manager River and Mercantile Group plc (RMG) said on Wednesday that former Standard Life Aberdeen co-CEO Martin Gilbert has today joined its board as deputy…

Newton Investment Management, part of BNY Mellon Investment Management, announced on Wednesday the appointment of former Aviva Investors and Standard Life Investments executive Euan Munro as…

Fund research giant Morningstar has announced that Edinburgh-based Baillie Gifford’s £17.5 billion flagship fund Scottish Mortgage Investment Trust was its best-performing trust of 2020, having achieved…

Aviva Investors said on Monday that Euan Munro is to step down as its CEO after seven years and “will take up a role outside of…

Funds managed by Edinburgh-based investment giant Baillie Gifford have dominated the list of top 10 performing portfolios for 2020, according to data from FE Analytics. Four…

Aberdeen-based bus and rail giant FirstGroup plc said on Thursday it made three property disposals for $137 million as part of its programme to rationalise Greyhound’s…

The Scottish Parliament has rejected the UK Government’s Brexit trade deal with a margin of 92 votes to 30, with all parties except the Scottish Conservatives supporting…

Archangels, the Edinburgh-based business angel investment syndicate, said it led investments of £16.3 million in Scottish start-up and early stage companies in 2020, topping its 2019…

The Brexit fisheries deal negotiated by the UK Government “will mean a fall in the quantity of key fishing stocks” landed by the Scottish fleet,…

The Scottish Government has urged Scottish businesses to ensure they are aware of the latest Brexit advice ahead of the EU transition period ending at…

The Scottish Environment Protection Agency (SEPA) confirmed on Thursday that it is responding to a “significant and ongoing cyber attack” affecting its contact centre and…

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…

Glasgow-based global engineering giant Weir Group said on Tuesday the sale of its oil and gas division to Caterpillar Inc. for an enterprise value of $405…

Australia-based Scotgold Resources, the gold exploration and production company focused on Scotland, on Monday reported “further good progress” at Cononish, Scotland’s first commercial gold mine. “Scotgold…

Edinburgh-based investment giant Baillie Gifford said it has launched a UK open-ended investment company (OEIC) version of its successful Dublin-registered Health Innovation fund “to invest in…

Edinburgh and Manchester-based rented housing developer Sigma Capital Group said on Monday it signed a new collaboration agreement with Countryside Properties plc, its principal home building…

The Scottish Government said on Monday the hydrogen sector will receive £100 million over the next five years “to support a green recovery and Scotland’s…

Lloyds Banking Group (LBG) — parent of Scottish Widows, Bank of Scotland and Halifax — confirmed on Friday afternoon it has cancelled all staff bonuses for…

Metro Bank on Friday confirmed the sale of a portfolio of owner occupied residential mortgages to the NatWest group for up to £3.1 billion in…

Scotland Food & Drink said on Friday that new figures from the Scottish Government reveal that in the first nine months of 2020, Scottish food…

Edinburgh-based international oil and gas company Cairn Energy said on Thursday it will pay a special dividend of 32p per share amounting to $250m as it…

The Auditor General for Scotland has said a subsidiary of Scottish Water may need between £47 million and £88 million in financial support due to…

Aberdeen Standard Investment’s outlook commentary for 2021 says “sustainable higher yielding debt, selected global equity and selected real estate will become even more attractive” as…

The Scottish Investment Trust (SIT) said it will increase its dividend for the 37th consecutive year despite its share price total return falling 12% and net…

Standard Life Aberdeen chairman Douglas Flint said on Friday that the City of London financial sector is ready for any outcome from the ongoing Brexit…

Aerospace and defence company Babcock has awarded a £31.5 million contract to Robertson Construction for the development of a new assembly hall at its Rosyth…

Taxes on land and property could ‘serve as a powerful tool for helping Scotland develop a robust, resilient wellbeing economy,” according to a new report…

The Port of Grangemouth has announced a major investment in its rail freight facilities which it said will cement its position as the key strategic…

Shares of Aberdeen-based bus and rail giant FirstGroup plc fell about 4% on Thursday after it said its reported revenue fell £430.3 million to £3.1…

Amazon has announced its investment in 26 new utility-scale renewable projects totalling 3.4 gigawatts (GW) of energy capacity around the world, including the major Scottish…

Almost a quarter (22%) of FTSE 350 defined benefit (DB) pension schemes with rated sponsors expect corporate insolvency before they reach buy-out, according to analysis…

Aberdeen-based global engineering group Wood plc has announced it is “transforming paper and textile production through innovative design and engineering” on two of the most…

The Scottish Government announced on Wednesday that more than 200 jobs will be created through the development of a new deep water terminal at Stornoway…

Shares of Perth-based bus and rail giant Stagecoach Group plc rose as much as 12% on Wednesday despite the firm reporting that its revenue fell…

Aberdeen Standard Investments (ASI) said on Wednesday it will acquire 60% of Tritax Management LLP to strengthen the combined offering of both firms in the…

The chief executive of the Scotch Whisky Association late on Tuesday welcomed the news that the UK government plans to suspend retaliatory tariffs imposed on…

The £200 million Keystone Investment Trust plc said on Monday it has decided to appoint Edinburgh-based investment giant Baillie Gifford to manage the trust using…

Menzies Aviation, the Edinburgh-based global airport services specialist, has announced the acquisition of a 51% shareholding in Royal Airport Services (RAS), a leading aviation services…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, told Reuters on Thursday it expects more companies…

A new report from leading think tank IPPR has urged the UK and Scottish governments to work together to develop a new net zero deal…

The Scottish Government said on Wednesday the new Scottish National Investment Bank has been set three core “missions” to ensure it addresses the “grand challenges”…