Edinburgh-based investment giant Aberdeen Standard Investments (ASI) said on Monday it has launched a new Global Innovation Equity Fund “seeking to invest in companies with…

The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies rose from £70 billion at the end of August…

Glasgow-based cloud computing firm Iomart Group plc said on Thursday it “anticipates reporting revenue growth of approximately 2% for the six months, to over £56m …”…

The latest EY Financial Services Brexit Tracker shows financial services firms have continued to move staff out of the UK ahead of Brexit deadline, with…

LGIM Real Assets has announced, on behalf of its £1.9 billion Build to Rent (BTR) Fund, the forward funding of an £81.5 million 17-storey tower…

Investment firm M&G plc announced on Wednesday it is bringing together established existing businesses to form a new wealth management division. M&G Wealth Management will…

Aberdeen-based global engineering group Wood plc said it has won an $84 million contract for Equinor’s Breidablikk subsea development in Norway. Wood has been awarded…

Scotland’s economy has recovered about half of the fall in gross domestic product (GDP) lost during the coronavirus pandemic, but may not return to pre-pandemic…

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 executive chairman of Edinburgh-based airport services giant John Menzies plc said on Tuesday the firm will emerge from the COVID-19 pandemic “as a smaller but…

Edinburgh-based investment giant Standard Life Aberdeen plc said on Monday its new chief executive Stephen Bird has moved to strengthen his leadership team with four…

The Scottish Government said on Monday it will recommend that Holyrood refuse consent for the UK Government’s Internal Market Bill on post-Brexit trading arrangements. The…

Scotmid Co-op said its turnover increased by £6.7 million to £197 million in the 26 weeks to July 25, and trading profit rose from £2.5…

Edinburgh has been ranked fourth in Europe in the latest Global Financial Centres Index (GFCI 28) launched on Friday by influential London think tank Z/Yen…

The Scottish Government on Thursday unveiled a £24 billion infrastructure plan to be rolled out in the next five years. It said tens of thousands…

Scotland’s Chief Statistician released figures on Thursday that show Scottish registered fishing vessels landed 393 thousand tonnes of sea fish and shellfish with a gross…

Edinburgh-based investment giant Baillie Gifford has opened an office in Shanghai and has registered as a Private Securities Fund Manager (PFM) in China. These two…

Glasgow’s prestigious 150 Broomielaw on the River Clyde has been sold in one of the biggest UK office deals outside of London following the Covid-19…

JPMorgan Chase & Co is moving about €200 billion of assets from the UK to Germany as a result of the UK’s exit from the…

The European Commission’s Committee of the Regions (CoR) has launched a UK Contact Group “intended to maintain lines of communication between local and regional authorities…

Standard Life Aberdeen veteran Sandy Begbie has been appointed the new chief executive of Scottish Financial Enterprise (SFE), the representative body for the financial services…

The UK’s Business Growth Fund (BGF) has announced it is investing in Linlithgow-based telecoms firm Calnex Solutions plc, which said on Monday it is aiming…

Shares of Edinburgh and Manchester-based rented housing developer Sigma Capital Group rose about 17% on Tuesday after it announced a £1 billion residential joint venture with EQT Real…

The Scotch Whisky Association’s CEO Karen Betts has criticized the “sexism” of Jim Murray’s “Whisky Bible” amid a growing outcry against the language used in the…

Cumbernauld-based Irn-Bru maker A.G. Barr said on Tuesday its revenue fell 7.6% to £113.2 million in the six months ended July 25, 2020, and statutory…

Morningstar said on Monday that investors withdrew another £2.26 billion out of UK equity funds in August as uncertainty over Brexit and a second wave…

Shares of Aberdeen-based rail and bus giant FirstGroup plc fell as much as 15% on Monday after it published details of the UK Department for…

Linlithgow-based telecoms firm Calnex Solutions plc said on Monday it is aiming to raise £22.5 million through a London initial public offering (IPO). Calnex said…

Edinburgh-based investment giant Aberdeen Standard Investments (ASI) indicated it is planning to increase its investments in private markets as it hired Mark Redman as its…

Former Aegon UK CEO Adrian Grace has joined £14 billion asset manager Seven Investment Management (7IM) — which is owned by Caledonia Investments — as…

Aberdeen-based global engineering group Wood plc said on Thursday it secured a new $42m contract from international energy company Equinor on behalf of operator Gassco…

The £230 million Securities Trust of Scotland fund said on Thursday it terminated its contract with Edinburgh-based asset manager Martin Currie and appointed London-based Troy…

Edinburgh-based investment giant Baillie Gifford on Thursday officially added its new £236 million China Growth Trust plc to the £44.6 billion its funds have invested in…

Consultants Wood Mackenzie on Wednesday published a comprehensive roadmap for the North Sea’s future to the Oil & Gas Technology Centre (OGTC) in Aberdeen. The plan sets…

Assets under management (AUM) at the world’s 300 largest pension funds increased by 8% to $19.5 trillion in 2019, compared to a 0.4% decline the…

New analysis by Willis Towers Watson says underfunded defined benefit (DB) pension schemes in the UK are “over-dependent on historically improbable equity returns, if they…

Shares of Glasgow-based Smart Metering Systems (SMS) rose about 4% on Tuesday after it published results for the six months ended June 30, 2020, showing revenue…

By Mark McSherry Shares of Aberdeen-based bus and rail giant FirstGroup plc rose about 5% on Tuesday after it published an AGM trading update showing…

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…

By Mark McSherry Citigroup will be the first major Wall Street bank to have a female chief executive after it announced on Thursday that Mike…

Shares of embattled Glasgow-based fashion firm Quiz fell 6% on Wednesday after it published a trading update for the period between April 1 and August…

By Mark McSherry Shares of Tesla fell 21% on Tuesday, wiping about $82 billion from its stock market valuation, after the electric vehicle maker’s surprise…

Bank of Scotland’s base at Tollcross in Edinburgh has been put on the market for over £80 million, according to a report in Property Week….

The latest Fund Flow Index from funds network Calastone shows that a net £1.2 billion was taken out of UK-focused stock funds between June and…

Shares of Aberdeen-based bus and rail giant FirstGroup plc soared 26% on Monday following newspaper reports that Brookfield Asset Management, Apollo Global Management and KKR are…

Shares of Scotgold Resources Limited, the gold exploration and production company, rose another 6% on Friday after it published an update on the development of…

UK savers put £1.6 billion into retail funds in July, according to latest figures published by the Investment Association (IA) — but stock funds experienced outflows…

Baillie Gifford US Growth Trust plc said on Thursday its share price and net asset value returned 46.5% and 44.2% respectively for the financial year…

By Mark McSherry Baillie Gifford, Tesla’s largest outside shareholder, said on Wednesday it has been forced to trim its position in the electric vehicle maker…

The UK’s Association of Investment Companies (AIC) is taking on the mutual fund analyst giant Morningstar following its downgrade of Baillie Gifford’s Scottish Mortgage Investment…

Shares of Glasgow-based media firm STV Group plc rose about 6% on Tuesday despite the firm publishing half year results to June 30 showing its revenue…

Shares of Aberdeen-based bus and rail giant FirstGroup plc fell as much as 7% on Tuesday amid a stock exchange statement from the firm saying…

Edinburgh-based investment giant Standard Life Aberdeen plc said on Tuesday that regulatory approvals have been received for the appointment of its new chief executive Stephen…

The number of companies listed on or traded at Euronext’s Oslo Børs has reached its highest level since the financial crisis.  Two new companies were…

Shares of Aberdeen-based global engineering group Wood plc rose about 6% on Friday following a positive note from Barclays Capital analysts who reaffirmed their “overweight”…

France’s EDF said on Thursday it will begin decommissioning its Hunterston B nuclear power plant in North Ayrshire by January 2022 at the latest. The…

Orkney Harbours said it has launched an ambitious £230 million infrastructure vision that “would place Orkney at the forefront of the drive for a cleaner,…

By Mark McSherry Edinburgh asset management giant Baillie Gifford and other major shareholders of Chinese e-commerce behemoth Alibaba Group Holding have swapped billions of dollars…

The Scottish Government said on Wednesday that Scotland’s revenues rose to a record £66 billion in 2019-20, although they were impacted “by the initial effects”…

Edinburgh-based investment giant Aberdeen Standard Investments (ASI) has launched a new Asian Sustainable Development Equity Fund. Aligned with the United Nations’ Sustainable Development Goals (UN…

Aberdeen Standard Investments is to close its £526 million Global High Yield Bond fund because the fund’s largest institutional investor — Scottish Widows — is…

The Scottish Property Federation (SPF) said on Tuesday its analysis of the latest commercial property sales figures from Registers of Scotland reveals Scotland’s worst quarter for commercial property sales…

The Association of British Insurers (ABI) said on Friday it has found that UK Government proposals to reform the calculation of the Retail Price Index…

UK Government debt has surpassed £2 trillion for the first time, the Office for Budget Responsibility (OBR) said on Friday. That roughly 100.5% of the UK’s…

Edinburgh-based airport services giant John Menzies plc is spearheading a campaign by the UK’s four biggest air services companies to secure a support package from Westminster to…

Troubled West of Shetland oil and gas explorer Hurricane Energy plc said on Friday it appointed veteran energy executive Antony Maris as its CEO designate. Maris…

Alva-based Omega Diagnostics Group said on Friday it has received World Health Organisation (WHO) Prequalification for its Visitect CD4 Advanced Disease test for HIV. Omega’s shares have…

Shares of North Sea producer Premier Oil fell about 25% on Thursday after it said it will seek to raise $530 million from shareholders as part…

Morningstar’s latest fund flow numbers show Edinburgh investment giant Baillie Gifford was the most popular asset management firm in July, attracting £991 million of new…

Edinburgh investment syndicate Equity Gap said on Wednesday it has marked 10 years as one of Scotland’s most successful angel investment groups with record investment…