The latest State of the Economy report published by the Scottish Government’s chief economist Gary Gillespie estimates that gross domestic product (GDP) in Scotland could…

Investors withdrew £8.7 billion from UK-domiciled funds in March as the Covid-19 pandemic sparked panic and British funds suffered their largest ever monthly outflows, according…

The Scottish Government’s Constitution Secretary Michael Russell has urged the UK Government to ask the European Union (EU) for the maximum two-year extension to the…

Shares of Glasgow-based Collagen Solutions soared about 75% on Thursday after it announced it is in discussions “with a number of parties regarding a potential…

Aberdeen-based Wood plc, the global engineering and consulting company, said it secured a number of engineering, procurement and construction (EPC) onshore wind contracts in the United…

The Scottish Government said on Wednesday that around £220 million of further grants are being made available for businesses, including the recently self-employed, to help…

Glasgow-based Beeks Financial Cloud Group, a connectivity provider for financial markets trading, said on Wednesday it acquired Velocimetrics Limited, a UK-based “network monitoring and trade analytics…

The International Monetary Fund said on Tuesday the global economy could shrink by 3% in 2020 — an IMF downgrade of 6.3 percentage points from…

The UK’s Office for Budget Responsibility (OBR) said on Tuesday the British economy could shrink by 35% in the April to June period and unemployment…

Moody’s Investors Service on Tuesday changed its outlook for Glasgow based engineering giant Weir Group Plc to “negative” from “stable” while affirming the Baa3 rating…

Glasgow-based temporary power giant Aggreko plc said on Tuesday it has moved the venue for its AGM on April 23 from Glasgow to London due…

Shares of Edinburgh funds platform Nucleus Financial Group rose 7% on Tuesday after it said it is too early to estimate the impact of the coronavirus…

The chairman of Edinburgh-based asset management giant Standard Life Aberdeen (SLA) said on Friday it still plans to pay its dividend despite a growing number…

The UK’s biggest banks should use the £7.5 billion of cancelled dividends and bonuses to write off debt repayments for retail and business customers affected…

This year’s five Edinburgh festivals in August have been cancelled due to concerns around the Covid-19 pandemic.  Edinburgh Art Festival, Edinburgh Festival Fringe, Edinburgh International Book Festival, Edinburgh…

The Bank of England, the UK’s central bank, on Tuesday welcomed moves by Royal Bank of Scotland and Britain’s other biggest banks including Barclays, HSBC,…

The FTSE 100 index of major company shares in London has posted its biggest quarterly fall for more than 30 years amid the coronavirus crisis….

Glasgow-based packaging firm Macfarlane Group said on Monday its board members have waived 25% of their salaries and fees for the period from April 2020…

Edinburgh-based fund management giant Standard Life Aberdeen said on Friday it raised £237 million for “general corporate purposes” from the sale of shares in HDFC…

Edinburgh-based airport services giant John Menzies plc said on Friday it is is laying off about half of its global workforce amid the global coronavirus-related slump in…

Glasgow-based media firm STV Group plc said in a trading update on Thursday it has taken steps “to ensure STV remains financially resilient” amid the coronavirus…

The UK government said on Thursday it will pay grants to many self-employed people who have lost their livelihoods because of the coronavirus crisis. UK…

Glasgow-based engineering giant Weir Group said on Thursday it has withdrawn its recommendation to pay a 2019 final dividend and has withdrawn its 2020 guidance…

The scale of the business shutdown in Scotland caused by the coronavirus outbreak is so large that it could take years for the Scottish economy…

The Scottish Government said on Tuesday afternoon that the £1 billion “business support fund” has openened and that businesses can now apply for grants to…

A survey by Edinburgh-based investment giant Aberdeen Standard Investments has found that ESG (environmental, social and governance) engagement by private equity firms is on the…

Aberdeen-based bus and rail giant FirstGroup plc said on Monday it is “no longer able to provide guidance on the outturn for the remainder of the financial…

Perth-based transport giant Stagecoach Group on Monday released a trading update outlining “the actions it has taken to help guide the business through this period…

The Scotch Whisky Association (SWA) said on Monday it is seeking urgent assurances from UK Government Ministers on aspects of the UK Government’s business support…

UK Prime Minister Boris Johnson has instructed pubs and restaurants across the UK to close amid the coronavirus outbreak — as the UK Government announced…

Standard Life Aberdeen CEO Keith Skeoch said on Friday he expects a “deep” recession amid the coronavirus crisis and then a “strong” recovery. Edinburgh-based Standard…

Glasgow-based Smart Metering Systems (SMS) said on Thursday its CEO Alan Foy bought 408,615 shares at 606.63p and 615.28p for about £2.5 million. Foy now…

Leaders of the UK’s offshore oil and gas industry have warned that the economic impact of the coronavirus and dramatic falls in oil and gas…

The European Central Bank launched a €750 billion emergency bond purchase programme late on Wednesday in a huge effort to push down borrowing costs as…

Aberdeen Standard Investments said on Wednesday that dealing has been suspended in the £1.7 billion Standard Life Investments UK Real Estate Fund and the £1.1…

Glasgow-based Smart Metering Systems (SMS) said on Tuesday its 2019 revenue increased 16% to £114.3 million and profit before tax edged about 2% higher to £5.46…

James Watt, the co-founder of Aberdeenshire-based craft brewing firm BrewDog, warned on Tuesday that the UK Government’s response to the coronavirus “is going to create…

The UK Treasury announced on Monday afternoon that the UK’s devolved governments will receive at least £1.5 billion “to make sure they have the resources…

Shares of Glasgow-based Smart Metering Systems (SMS) rose almost 20% on Thursday after it announced the conditional sale of “a minority of the group’s meter…

UK finance minister Rishi Sunak on Wednesday unveiled his budget — a £30 billion stimulus package — and promised to do whatever it takes to…

By Mark McSherry Aberdeen-based global bus and rail giant FirstGroup plc said on Wednesday it has started a formal process to sell its North American contract…

Aberdeen-based Wood plc, the global engineering and consulting company, said on Tuesday its 2019 revenue slipped 1.2% to $9.89 billion but pretax profit soared to $148.7…

Scottish Widows said on Monday it has launched a new “responsible investment and stewardship framework” as it outlined plans to enhance its sustainability practices “and…

Aberdeen Standard Capital (ASC) said on Monday it appointed Barry Hardisty as Head of International based in Jersey. Aberdeen Standard Capital is the discretionary investment…

Aberdeen-based global bus and rail giant FirstGroup plc has come under renewed attack from activist hedge fund Coast Capital which wants the group to demerge…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, announced on Monday that Jim McConville, group finance director…

Fund management giant Schroders said it generated record net inflows of £43.4 billion in 2019, with positive net inflows across all asset classes as the first…

Dundee investment company Alliance Trust plc, which now uses external fund managers Willis Towers Watson (WTW), said on Friday its total shareholder return for 2019…

Shares of Edinburgh-based video security company IndigoVision rose about 16% on Thursday after it said its revenue rose 9.2% to $50.2 million in 2019 and…

The Investment Association (IA) — the powerful trade group for the Scottish and UK fund management industry — on Thursday outlined its expectations of companies on…

Regional airline Flybe — which connects all corners of the United Kingdom — said on Thursday it has entered administration after the UK Government walked away…

Edinburgh-based fund manager Martin Currie, the Legg Mason affiliate and active equity specialist with $17.2 billion of assets under management, has hired Yulia Hofstede as…

Analysis from Hymans Robertson has shown that the financial impact of the coronavirus contributed to the rise of UK Defined Benefit (DB) pension scheme deficits…

Glasgow-based Beeks Financial Cloud Group, a connectivity provider for financial markets trading, said on Monday its revenues increased 23% to £4.29 million for the six months…

The coronavirus Covid-19 presents the global economy with its greatest danger since the financial crisis, according to the OECD’s latest Interim Economic Outlook. The Interim Outlook…

A patient has been diagnosed with coronavirus (COVID-19) in Scotland — the first case confirmed in the country. The patient is a resident of the…

The FTSE 100 index in London fell 11.1% this week – wiping £210.3 billion off the value of its constituent companies’ shares and marking its…

Shares of Edinburgh-based aviation services company John Menzies plc fell about 4% on Thursday after it issued a trading update on the impact of coronavirus COVID-19 on…

Edinburgh-based asset management giant Standard Life Aberdeen (SLA) said on Wednesday that Trainline chairman Brian McBride will be appointed as a non-executive director of SLA with…

Lloyds Banking Group (LBG) has informed its workforce across the UK that the equivalent of 780 full time staff will lose their jobs in the…

Virgin Money UK plc revealed on Wednesday that it will cut 500 jobs in the next stage of its integration programme to bring together the…

Edinburgh-based funds platform Nucleus Financial Group on Wednesday announced board changes that involved its major shareholder Sanlam Investments. Nucleus said Alfio Tagliabue has been appointed as…

Shares of Glasgow-based global engineering giant Weir Group rose about 7% on Wednesday after CEO Jon Stanton told investors the group plans to become “a mining…

Edinburgh-based fund management giant Aberdeen Standard Investments announced the promotion of Andrew Paisley to Head of Smaller Companies amid a number of changes ahead of the…

The UK’s blue chip index of big company shares has lost nearly £100 billion in the last two days amid fears about the spread of coronavirus….

Edinburgh-based Craneware, a software firm that specializes in US healthcare, said on Monday it appointed David Kemp and Alistair Erskine to its board as independent non-executive…

Edinburgh BioQuarter has released the first images of the £750 million planned transformation it says which will create a new mixed-use community of more than…

The City of Edinburgh Council has published a detailed £1.3 billion proposal to transform Edinburgh’s largest brownfield site at Granton Waterfront into a new coastal…

Leeds-based private equity investor Endless LLP said on Wednesday it acquired Earlston-based BSW Timber Limited and all its associated subsidiaries. BSW is the UK’s largest…

The Scottish Government’s Migration Minister Ben Macpherson said on Wednesday the UK Government’s new immigration proposals are “an insult to Scotland.” The UK Government said…