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Souter buys majority stake in IT firm Stone Group

Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, said on Tuesday it completed the acquisition of a majority stake in Staffordshire-based information…



















£42.5bn Scots budget approved by Parliament

The Scottish Parliament has approved the 2019-20 Scottish Budget which the Scottish Government said provides £42.5 billion of investment in the economy and public services….



Scots business R&D spend up 14% to £1.2bn

Scottish businesses are investing record amounts in research and development, according to statistics published on Wednesday. The Business Enterprise Research & Development (BERD) statistics show…




Scots economy outperforms UK

Scottish GDP grew by 0.8% in the first half of this year compared to 0.6% in the UK, according to new statistics from Scotland’s chief statistician….


Nucleus Financial assets rise 16% to £14.3bn

Edinburgh-based funds platform Nucleus Financial Group Limited on Tuesday announced its inaugural set of interim results as a quoted company, with period end assets under administration rising…








Scots R&D spending edges up to £2.33bn

Scotland’s chief statistician on Wednesday released figures for gross expenditure on research and development (GERD) in Scotland in 2016. The figures show GERD in Scotland…









UK asset management up 20% to £6.9 trillion

The UK Investment Association’s first annual asset management survey following the UK’s decision to leave the EU reveals assets under management in the UK increased…



Scots employment hits record high

Scotland’s employment rate increased by 1.1 percentage points to a record high of 75.2% over the April to June quarter — meaning 30,000 more people…


Scots unemployment at record low of 3.8%

Scotland’s unemployment rate fell to a record low of 3.8% over the last quarter, down 0.7 percentage points, according to labour market statistics for March to…




Higher education R&D at record; total at £2.15bn

UPDATED — Scotland’s gross expenditure on research and development (GERD) rose 1.1% or £23 million in 2015 to £2.15 billion, according to a report from Scotland’s chief statistician. Scottish GERD…





R&D jobs at record level, but spending slips

Research and development (R&D) employment in Scottish businesses reached its highest level on record in 2015 with about 11,000 jobs — but R&D spending fell slightly during that year…


Saudi Arabia in record $17.5bn debt sale

Saudi Arabia has completed the biggest ever emerging market bond sale by selling $17.5 billion of debt securities in the Saudi government’s first international offer, according to…




IMF says world economy has moved sideways

The International Monetary Fund warned that persistent stagnation could fuel populist calls for restrictions on trade and immigration that could hamper productivity, growth and innovation around the…