Burness Paull embraces AI as results boost bonuses
Scottish law firm Burness Paull said it has reported strong results for its financial year ended March 31, a shortened eight-month reporting period following the firm’s…
Scottish law firm Burness Paull said it has reported strong results for its financial year ended March 31, a shortened eight-month reporting period following the firm’s…
Abrdn said it completed the acquisition of the Tandem Centre, a premier retail park in Colliers Wood, South London, for £60.8 million from LaSalle Investment…
The latest housebuilding statistics published by Scotland’s Chief Statistician show that there were 19,632 homes completed and 16,404 new builds started in the 2023-24 financial…
The annual rural land market insights report, a collaboration between the Scottish Land Commission and Scotland’s Rural College (SRUC), has revealed a general trend of…
The Eden Project Dundee has been granted planning permission by Dundee City Council following an intensive period of community engagement. The scale of the development…
AEG Europe announced on Wednesday that it has received planning permission from the City of Edinburgh Council for a new 8,500-capacity entertainment arena in Edinburgh…
Auction house Lyon & Turnbull said its flagship Scottish Paintings & Sculpture Auction achieved over £2.42 million in sales. Samuel John Peploe’s “Still Life with…
Springfield Properties plc announced a strategic collaboration agreement with Barratt Developments for the development of the Durieshill site, creating a new village near Stirling. Springfield…
Aberdeen-headquartered Ithaca Energy Plc announced a number of changes to its board and executive management team following last month’s announcement that it will buy nearly…
The chief executive of Edinburgh-based oil and gas firm Capricorn Energy told the firm’s AGM that Capricorn is continuing “to actively evaluate opportunities to create shareholder…
Baillie Gifford’s flagship investment trust, the £14 billion Scottish Mortgage fund, bounced back in the year to March 31, 2024, delivering a share price return…
Grant Thornton’s Scotland Limited report for 2024 shows that Scotland’s top 100 private limited companies make reported revenue of £40 billion, EBITDA of £7 billion and…
Royal London Asset Management announced the restructuring of its global equity team with immediate effect following the resignation of head of equities Peter Rutter and…
Influential trade body Offshore Energies UK (OEUK) has announced the appointment of three senior industry leaders to its board. Well-Safe Solutions CEO Phil Milton, Wood…
Edinburgh-based oil and gas firm Capricorn Energy said on Thursday its loss after tax more than doubled to $144 million as revenue fell about 12%…
Aberdeen-headquartered transport giant FirstGroup plc said it “anticipates that its FY 2024 group adjusted operating profit and group adjusted earnings will be slightly ahead of…
Babcock said it will create more than 1,000 new jobs at its advanced manufacturing and shipbuilding facility in Rosyth. “Underpinning our commitment to further develop…
Scotland’s tourist visitor attractions enjoyed a strong year in 2023 with visitor numbers up 17.2%, according to new figures. Visitor attractions across Scotland recorded almost…
AEG Europe, owner of The O2 venue in London, said it has submitted a planning application to City of Edinburgh Council for its proposed 8,500-capacity arena in…
Scottish Forestry is investing £2 million towards timber transport projects across Scotland. “The funding will help decarbonise the forestry sector and reduce the impacts of…
Standard Life, part of Phoenix Group, has concluded a £114 million Bulk Purchase Annuity (BPA) transaction covering 1,800 members of the Vector Pension Scheme, which…
Proposals to build 50 new family homes in Colinsburgh in east Fife have been approved by Fife Council. The plans by based in Sauchen, Aberdeenshire-based…
Homes for Scotland (HFS) has described new Scottish planning application statistics as “woeful” and “unacceptable.” HFS said the figures “highlight a 41 per cent drop…
Property consultancy Bidwells announced it has been successful in securing a further tenure as managing agents for Crown Estate Scotland’s coastal portfolio, following a full public procurement exercise….
Leith-based Build A Rocket Boy, the independent game developer and publisher, announced that it has closed on a $110 million Series D fundraising round. The new capital…
Elbow Beach Capital, the decarbonisation, sustainability and social impact investor, has announced a £1 million follow-on investment in Munro Vehicles, the Glasgow-based manufacturer of all-electric 4×4…
UK finance minister Jeremy Hunt has cut national insurance payments for about 27 million people in his autumn statement ahead of a general election expected next…
Inflation in the UK slowed by more than expected in October as household energy prices fell and services sector price growth also eased. Annual consumer price…
A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, has announces the acquisition of the Rio soft drinks brand through the…
Total assets under management (AUM) at the world’s 500 largest asset managers amounted to $113.7 trillion at the end of 2022, according to new research…
Standard Life, part of Phoenix Group, said it has concluded a £335 million Bulk Purchase Annuity (BPA) transaction with the London Stock Exchange Group Pension…
A new report from Robert Gordon University (RGU) in Aberdeen has said that the UK offshore energy workforce can increase by up to 50% from…
Stirling Council has finally confirmed a “Section 75 Agreement” so that Springfield Properties’ 3,000-home village development at Durieshill, Stirling, can move forward. Springfield is building a…
Glasgow-based independent whisky firm Brave New Spirits said planning permission for its Witchburn Distillery near Campbeltown has been granted by Argyll & Bute council. The single…
Year end statistics from Highlands and Islands Enterprise (HIE) show it approved up to £63.2 million of investment in 489 projects by 313 clients during the…
The Scottish Crofting Federation (SCF) has appointed Donna Smith as its new chief executive to replace Patrick Krause, who is stepping down in October. “We…
Standard Life, part of Phoenix Group, said it has concluded a £1.2 billion Bulk Purchase Annuity (BPA) transaction covering 20,200 members of the Mitchells &…
Tom Hunter has confirmed West Coast Capital (WCC), the investment arm of the Hunter family, has made a multi-million pound investment in Ellipses Pharma, the cancer drugs venture…
Economic Development Association Scotland (EDAS) has appointed Neil McInroy as chair, succeeding Liz McEntee in post. McInroy lives in Oban and has an office base…
The development of the giant Rosebank and Cambo oil fields west of the Shetland Islands would save 17 million tonnes of CO2 emissions over their projected…
Standard Life, part of Phoenix Group, said it has concluded a £80 million Bulk Purchase Annuity (BPA) transaction with the MGM Assurance Staff Pension Plan….
Celtic plc announce that Brendan Rodgers has been appointed the club’s new football manager on a three-year contract. “Brendan previously managed the club to phenomenal…
Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced the acquisition of A & G Holdings Limited, owner of Manchester-based Gottlieb Packaging Materials Limited. “This…
The UK’s Prudential Regulation Authority (PRA) said it has fined Carlos Abarca, the former chief information officer (CIO) of TSB Bank plc, £81,620 over the…
Whisky casks are continuing to outperform more traditional investment and alternative investment options including gold, according to the latest market report issued by investment experts…
Shares of Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), rose as much as 8% on Wednesday after it…
British finance minister Jeremy Hunt set out his budget on Wednesday in an effort to pull the UK economy out of its run of stagnant…
Scottish marketing and communications agency BIG Partnership has reported a strong start to 2023 with a raft of new client wins and an expansion of its…
Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, announced it has has secured outline planning consent to create a sustainable new…
NatWest Group — formerly known as RBS — said its operating profit before tax rose 33% to £5.1 billion in 2022 as its total income rose…
Edinburgh came in second place and Glasgow in third place in real estate firm Colliers’ latest Top UK Residential Investment Cities report. The city of…
UK investors withdrew £25.7 billion from funds in 2022, the first annual outflow recorded by the Investment Association (IA). Investors took £282 million out of…
Ahead of the Six Nations rugby starting this weekend, new data from social investing network eToro shows that the strongest XV Scotland-headquartered stocks have easily…
Edinburgh-based oil and gas firm Capricorn Energy announced that it has conceded victory to shareholder pressure with CEO Simon Thomson, chair Nicoletta Giadrossi and several directors…
The Scottish Government’s newly-published energy strategy has been branded a “breathtaking betrayal” of the oil and gas sector by Russell Borthwick, the chief executive of…
Legal & General Capital announced that it committed around £5 billion towards “levelling up” the UK’s towns and cities across 2022, driving regional economic growth,…
The UK’s Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc a total of £48.6 million for operational risk…
Edinburgh-based Capricorn Energy announced that its third-biggest shareholder Palliser Capital has called for a general meeting of the firm to set a vote on removing seven Capricorn…
Aberdeen-based North Star said it has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks…
Standard Life, part of Phoenix Group, said it has concluded a £200 million Bulk Purchase Annuity (BPA) transaction with the Agfa UK Group Pension Plan,…
Standard Life, part of Phoenix Group, said it has concluded a £530 million Bulk Purchase Annuity (BPA) transaction covering 3,000 members of the Cobham Pension…
Glasgow-based Smart Metering Systems plc (SMS) announced that Gavin Urwin will step down as chief financial officer (CFO) and as an executive director of SMS…
By Mark McSherry — Grant Thornton’s Scotland Limited report for 2022 shows that Scotland’s top 100 private limited companies make aggregate turnover of £28 billion, employ 132,000…
Student startup firms from the University of Edinburgh have secured over £30 million in combined investment over the last year, nearly three times the amount…
Standard Life, part of Phoenix Group, said it has concluded a £1 billion Bulk Purchase Annuity (BPA) transaction covering 13,000 members of the WH Smith…
Norway’s Equinor has submitted plans to UK regulators for the development of Rosebank, a major oilfield west of Shetland which would start production in late…
Offshore Energies UK (OEUK) announced on Friday that its chief executive Deirdre Michie will step down at the end of 2022 after almost eight years…
Leeds-based JMG Group said it has acquired Scotland’s largest independent insurance broker GS Group, subject to FCA approval. The deal represents JMG Group’s second acquisition…
Shepherd Chartered Surveyors announced it has been appointed by the joint administrators of Countesswells Development Limited (CDL) to market a massive 3,100-home development site west…
A £30 million transformation programme has been unveiled by Bruntwood SciTech after it acquired Glasgow’s Met Tower — the old City of Glasgow College building —…