Royal Bank of Scotland chairman Howard Davies on Friday urged the Bank of England, the UK’s central bank, to lift the current ban on bank…

Some of Europe’s biggest stock exchanges on Wednesday returned a negative response to UK proposals to shorten the trading day, delivering a blow to the…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, announced changes to its executive committee on…

Edinburgh-based investment giant Standard Life Aberdeen plc said on Tuesday that group chief executive Keith Skeoch will step down and be succeeded by Scottish-born Citigroup…

BP said on Monday it agreed to sell its global petrochemicals business to Grangemouth refinery owner Ineos for up to $5 billion. “The agreed sale,…

Aberdeen Standard Investments (ASI) said on Thursday that top-rated fund manager Harry Nimmo is returning to co-manage its global small cap strategy. Nimmo stepped down…

The Association of Investment Companies (AIC) — which represents the investment trust industry — has recommended that companies should not have to prepare a prospectus for secondary issues of…

The Scottish economy could take until 2024 to fully recover the output it has lost during the coronavirus crisis, according to the latest Economic Commentary by the…

Scotland’s First Minister Nicola Sturgeon on Wednesday announced provisional dates for the relaxation of travel restrictions and the restarting of the hospitality industry, among many…

Glasgow-based Smart Metering Systems (SMS) on Tuesday confirmed its revised dividend policy, saying it will pay 25p per share for the year to December 31,…

Tom Hunter, Scotland’s first ever billionaire, on Tuesday weighed in with a strong reaction to the report published by the Advisory Group on Economic Recovery led by…

Scotland’s schools will return full-time in August “if Scotland continues to make progress on suppressing coronavirus” said Deputy First Minister John Swinney on Tuesday. Swinney…

Industry body Scottish Financial Enterprise (SFE) said on Tuesday its chief executive Graeme Jones will retire at the end of this year after five years…

The Scottish Government should build its “professional capability” to manage the ownership stakes in private companies which are likely to arise out of the coronavirus…

Edinburgh-based life science venture firm Epidarex Capital said on Monday that it has closed its Epidarex Capital III UK LP fund at £102.1 million. “The…

Edinburgh BioQuarter said on Monday it has issued a prior information notice (PIN) in the Official Journal of the European Union (OJEU) to launch a…

Edinburgh-based global airport services giant John Menzies plc said on Monday its ground handling and fuelling activity in April and May 2020 was 75% lower than…

Swedish state-owned energy firm Vattenfall said on Friday it awarded Glasgow and Dingwall-based civil engineers RJ McLeod a £67 million contract to construct the South Kyle…

The debt of the UK government at the end of May 2020 was 100.9 % of gross domestic product (GDP), the first time that debt…

Aberdeen-based Wood plc, the global engineering and consulting company, said on Friday its order book at the end of May was $7 billion, down about 11%…

The UK’s central bank, the Bank of England, on Thursday increased its bond-buying programme by another £100 billion to help the UK economy recover from…

Edinburgh-based investment giant Standard Life Aberdeen said on Tuesday that Standard Life Investments (SLI) intends to sell up to £260 million of shares in HDFC…

The Scottish Government on Tuesday announced a £230 million Return to Work package “to help stimulate Scotland’s economy following the coronavirus (COVID-19) pandemic.” It said…

Aberdeen-based Wood plc, the global engineering and consulting company, said on Tuesday it secured two solar engineering, procurement and construction (EPC) contracts from an American power…

Secondary offering sales of company shares have reached £14.7 billion in 135 transactions in the UK for the year to date, according to new analysis from Deloitte….

Edinburgh-based fund management giant Baillie Gifford has confirmed that it will not after all expand by moving staff into a new landmark building in Edinburgh….

A provisional date of July 15 has been set for when tourism businesses in Scotland may be able to resume operations “dependent on public health…

Embattled Glasgow-based fashion firm Quiz said on Wednesday it planned to put its stores subsidiary into administration and then buy the business back so it can…

Finance secretary Kate Forbes said on Tuesday that the Scottish Government needs more borrowing powers to help it manage the coronavirus crisis and beyond. Forbes…

The £800 million Edinburgh Worldwide Investment Trust plc said on Monday its net asset value per share increased 16.4% and its share price rose 21.7%…

The volume of new work received by private sector firms in Scotland continued to plummet in May “with anecdotal evidence linking the fall to temporary…

New analysis published on Friday by Scottish Government chief economist Gary Gillespie suggests that Scotland’s economic output may not recover to pre-crisis levels until the…

The UK’s Financial Conduct Authority (FCA) on Friday outlined a package of measures designed to “address weaknesses across the defined benefit (DB) transfer market.” The…

The European Central Bank on Thursday announced a bigger-than-expected expansion of its stimulus package to support an economy plunged into recession by the coronavirus pandemic….

Edinburgh-based investment giant Standard Life Aberdeen Plc — one of Scotland’s largest employers — has told most of its UK staff to work from home…

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

The Scottish Government said on Tuesday that businesses across the country have now been awarded more than £100 million through the Scottish Government Business Support…

Edinburgh-based water retailer Business Stream, a subsidiary of state-owned Scottish Water, said on Monday it has been awarded the UK Ministry of Justice water and wastewater…

The £75 billion Universities Superannuation Scheme (USS) – the UK’s largest private pension scheme by assets – on Monday announced plans to exclude and divest…

Shares of Perth-based transport giant Stagecoach Group rose 9% on Thursday after it issued a trading update saying its available liquidity has increased significantly “due…

Shares of Aberdeen-based bus and rail giant FirstGroup plc rose 5% on Thursday after it welcomed further funding from the UK’s Department for Transport (DfT)…

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 Eden Project said on Wednesday it will begin work on a feasibility study for a proposed new project in Dundee. “Eden is working with…

Shares of Perth-based transport giant Stagecoach Group rose about 11% on Tuesday after the firm issued a stock exchange statement on its response to the UK…

The Scottish Government on Thursday published a “route map” setting out a phased approach to easing lockdown restrictions “while still suppressing coronavirus.” The route map…

Baillie Gifford’s James Anderson, co-manager of the £9 billion Scottish Mortgage Investment Trust, took a swipe at American investment guru Warren Buffett’s “value” investment style…

Baillie Gifford’s flagship fund, the Scottish Mortgage Investment Trust plc, has soared above a record £10 billion stock market valuation this week — with its…

Insolvencies “are probably inevitable” at some Scottish football clubs as a result of the coronavirus pandemic, according to the eighth annual Football Distress Report produced…

Shareholders of Standard Life Aberdeen have revolted against a proposal they feared could have allowed the Edinburgh-based fund management giant to replace annual general meetings…

The UK government’s Coronavirus Job Retention Scheme will remain open until the end of October, Chancellor Rishi Sunak announced on Tuesday. Sunak said the furlough…

PNC Financial Services Group announced late on Monday it intends to sell its 22.4% stake in BlackRock, the world’s largest asset manager. BlackRock manages about…

Fidelity International CEO Anne Richards has said the UK asset management industry “has an opportunity to help find a solution” to the economic crisis caused…

The Scottish Government said on Friday a fund launched last week to provide grants for small and medium-sized businesses affected by the coronavirus crisis is…

Edinburgh-based fund management giant Baillie Gifford said on Friday its joint senior partner Charles Plowden will retire on April 30, 2021, after almost four decades…

The Scotch Whisky Association (SWA) on Thursday called for governments on both sides of the Atlantic to eliminate the tariffs on spirits which are costing…

About one in three of Scotland’s workforce — around 900,000 people — face being furloughed or made unemployed this quarter, according to a new report…

Glasgow-based Virgin Money UK, owner of Clydesdale and Yorkshire banks, said on Wednesday its first-half underlying profit fell 58% amid an impairment charge of £232…

The Scottish Government on Wednesday announced a one-off £75 million increase in funding for Scotland’s universities “to ensure they can protect their world-leading research programmes”…

Scotmid Co-operative said on Tuesday its trading turnover rose £7 million to £385 million for the year ended January 25, 2020, and its trading profit…

The US Department of the Treasury said on Monday it expects to borrow a record $3 trillion in the second quarter of 2020 alone to…

Royal Bank of Scotland Group said on Friday its operating profit before tax fell to £519 million in its first quarter, down from just over…

A £100 million package of additional grant support for small and medium sized businesses (SMEs) in Scotland and for newly self-employed people opens for applications…

Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, said in a Covid-19 update on Monday it has agreed an additional…

Glasgow-based global mining, oil and engineering giant Weir Group said on Tuesday its first quarter orders were 13% lower than the prior year “principally reflecting…

Investment trust Greencoat UK Wind plc (UKW) said on Monday it agreed to buy the South Kyle Wind Farm in the south of Scotland from…

Aberdeen-based bus and rail giant FirstGroup plc on Friday provided shareholders with further updates on its response to the Covid-19 pandemic. FirstGroup said its liquidity has…

Edinburgh-based asset management giant Standard Life Aberdeen has pulled out of the next World Economic Forum for the elites of global finance in Davos, Switzerland,…

New research by the University of Strathclyde’s Fraser of Allander Institute has reported that the Scottish Professional Football League (SPFL) contributes £214 million to the…

The UK’s Investment Association (IA) has suspended yield requirements for equity income funds as dividends dry up during the Covid-19 pandemic. The IA said it…

Aberdeen Standard Investments (ASI) said on Wednesday it has launched a new fund “which seeks to harness the significant investment opportunities present within global mid-cap…