Scotland’s unemployment rate was 3.5% in the October to December 2019 period, compared to 3.8% for the UK as a whole. Among men, the unemployment…

HSBC Holdings said on Tuesday it plans to cut about 35,000 jobs over three years and shed about $100 billion in assets in a drastic…

Asset management giant Franklin Templeton said on Monday it agreed to acquire rival Legg Mason — which includes Edinburgh-based affiliate Martin Currie — for $4.5…

Global company dividends rose to a new record of $1.43 trillion in 2019, up 3.5% on a headline basis, according to the latest Janus Henderson…

Scotland’s First Minister Nicola Sturgeon on Monday unveiled new appointments to the Scottish Government and cabinet. Following her delivery of the Scottish Budget, Kate Forbes…

The United States Trade Representative has issued a tariff notification which maintains the 25% tariff on Single Malt Scotch Whisky and Scotch Whisky Liqueurs that…

The Royal Bank of Scotland Group plc said on Friday it plans to rename itself NatWest Group plc later this year. The news came as…

Standard Life Aberdeen CEO Keith Skeoch has been appointed chair of the Investment Association (IA) board. The IA champions the UK asset management industry. Its…

Sajid Javid has resigned as the UK Government’s Chancellor of the Exchequer (finance minister) as Prime Minister Boris Johnson’s first big cabinet reshuffle went spectacularly wrong. Bloomberg…

Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, said on Wednesday it raised its equity stake in portfolio company Celerum Limited from 10%…

Scotch Whisky exports grew 4.4% to a record £4.91 billion in 2019, with 1.3 billion bottles exported to 180 markets, according to the latest figures…

Glasgow has been ranked first out of all “large European cities” for FDI Strategy (foreign direct investment) in a new report by fDi Intelligence. The…

Celtic plc said on Friday its revenue increased 6.6% to £53.3 million and profit before taxation rose almost 30% to £24.4 million in the six…

Edinburgh-based asset management giant Standard Life Aberdeen (SLA) has joined the growing number of investment firms supporting a campaign for shorter trading hours at the…

Aberdeen-based global engineering and oil services giant Wood plc on Wednesday announced the sale of its industrial services business to technical services provider Kaefer. The sale…

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

Scottish Widows said it has facilitated a longevity swap between the Lloyds Banking Group Pensions Trustees Limited and Pacific Life Re Limited. “The transaction transferred…

Edinburgh-based digital service business xDesign said on Monday it acquired Scottish mobile and web agency Bemo. “xDesign will acquire the assets, people, and customer contracts…

Shares of Glasgow-based Smart Metering Systems (SMS) rose 6% on Friday after it issued a trading update showing its full-year 2019 financial performance in line…

Scotland’s total international and rest of the UK exports — excluding oil and gas — increased 2.9% to £85 billion in 2018. Exports to the…

A new report from Audit Scotland has said more clarity is required on private finance public infrastructure projects in Scotland. Audit Scotland said that currently,…

Shares of Glasgow-based Virgin Money UK, owner of Clydesdale and Yorkshire banks, rose almost 5% on Tuesday after it issued a first quarter trading update…

The Scottish Government said on Monday that proposals for a new Scottish Visa “to address depopulation and cut skills gaps” have been unveiled by First…

Investment giant State Street said on Monday that Edinburgh-based local government pension scheme provider Lothian Pension Fund has adopted the Charles River Investment Management Solution…

Royal Bank of Scotland on Friday announced a new £1 billion in funding through its NatWest business to support female entrepreneurs in the UK. RBS…

Three-quarters of investment trusts outperform their sister open-end fund over both one year and 10 years — but the trusts are more volatile than their…

Edinburgh-based fund management giant Baillie Gifford is planning to launch a fund using artificial intelligence (AI). Baillie Gifford joint senior partner Charles Plowden told an…

The Scottish Government said on Tuesday that new statistics released by the Chief Statistician show households in Scotland had just over £1 trillion in personal…

Shares of Scottish companies listed on the FTSE outperformed the FTSE 350 and All Share indices in 2019 — but Alternative Investment Market (AIM) firms…

A new report from Audit Scotland says “City Deals” have been positive for Scotland’s economy but the Scottish Government “does not have a plan to…

Baillie Gifford’s flagship £8.9 billion fund, the Scottish Mortgage Investment Trust plc, said on Thursday it raised a further £188 million in debt. Scottish Mortgage…

Shares of Edinburgh-based international oil and gas company Cairn Energy edged higher on Wednesday after it said it took a final investment decision (FID) on…

Flybe shareholders have struck a rescue deal with the British government to keep the regional airline operating, UK business minister Andrea Leadsom said on Tuesday. …

Shares of Edinburgh-based rented housing developer Sigma Capital Group rose about 4% on Tuesday after it published positive a trading update for the financial year ended December…

Edinburgh-based fund management giant Aberdeen Standard Investments (ASI) announced on Tuesday the promotion of Dominic Byrne to head of global equities. Byrne, 41, currently deputy…

Housing, regeneration and commercial developments are now being supported by investments of £100 million through the Building Scotland Fund (BSF) — which was established as…

Aberdeen Standard Investments (ASI) has appointed Aileen Mathieson as its new global head of insurance following the retirement of Stephen Acheson after 37 years of…

Scotland’s national bard Robert Burns is worth just over £200 million a year to the Scottish economy and the poet’s brand is worth nearly £140…

UPDATE 3 — Shares of North Sea producer Premier Oil rose 15% on Tuesday after it announced plans to buy stakes in the Andrew and…

Aberdeen Standard Investments (ASI) has hired Adam Grimsley, former head of investment solutions at crypto-asset firm Prime Factor Capital, as an investment director. Before he…

Oil prices rose more than $3 on Friday after a US air strike at a Baghdad airport ordered by President Donald Trump killed the head…

Regional REIT said it acquired a roughly 44,000 sq. ft. office block at Edinburgh Park for £10.3 million. The 3-storey block is currently 100% let…

Scottish chartered accountants and business advisors Anderson Anderson & Brown LLP (AAB) said it completed a record 70 transactions in 2019 with a combined total deal…

Responsible investment campaign group ShareAction has claimed that many big UK pension schemes are skirting their responsibilities on climate change despite new regulations. ShareAction said…

Archangels, the Edinburgh-based business angel investment syndicate, said on Friday it recorded another active year of investments in Scottish start-up and early stage companies in the…

Leicester-based wealth management firm Mattioli Woods plc said on Friday it acquired Glasgow-based financial planning firm Turris Partnership from its shareholders for £1.6 million.   Turris has…

Shares of Glasgow-based Beeks Financial Cloud Group, a connectivity provider for financial market trading, rose about 20% on Friday after it said it secured two…

Investment trust 3i Infrastructure plc said it agreed to sell its 93% stake in Edinburgh-based Wireless Infrastructure Group (WIG) to Brookfield Infrastructure.  “The sale values…

Edinburgh-based fund management giant Aberdeen Standard Investments (ASI) said on Friday it has been appointed by administrator Link Fund Solutions (LFS) to replace Neil Woodford…

Scotland’s First Minister Nicola Sturgeon on Thursday called on the UK Government “to negotiate and agree the transfer of power that would put beyond doubt the…

Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, rose another 8% on Wednesday as it announced its 3,042-home village…

UPDATE 3 — The Scottish Government’s Transport Secretary Michael Matheson told MSPs on Wednesday that Abellio’s contract to run ScotRail services “is expected to come…

Edinburgh-based craft beer company Innis & Gunn announced on Tuesday that Heriot-Watt University’s Research Park on the west edge of Edinburgh — home to the International…

Edinburgh-based fund management giant Standard Life Aberdeen plc said on Tuesday Rod Paris will step down as an executive director from its board on December…

Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, have risen about 15% in the past few days thanks to…

Scotgold Resources Limited said on Monday that first production at its Cononish Gold and Silver Mine near Tyndrum has been delayed by 12 weeks until…

Wealth management firm St. James’s Place said it will acquire Policy Services Ltd (PSL), the Linlithgow based financial advice firm. “PSL has been a longstanding…

Community Ownership is growing in Scotland, especially in the Western Isles, Highland and Argyll and Bute areas. That’s according to the Community Ownership in Scotland…

The £1.3 billion Edinburgh Investment Trust said on Wednesday it has replaced Invesco’s Mark Barnett as its investment manager with Majedie Asset Management after “another…

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…

Edinburgh-based Menzies Aviation, the global aviation logistics specialist, on Tuesday announced contract wins and renewals in Sweden, Norway, Romania and Amsterdam. The firm announced a…

Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, soared almost 70% on Monday after it announced a collaboration with AstraZeneca….

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, on Friday agreed to buy ReAssure, the British business…

Spending by FTSE 350 firms on Defined Benefit (DB) pensions has fallen from £19 billion to £15 billion according to analysis in Hymans Robertson’s 2019…

M&G Investments on Wednesday suspended dealing in its £2.5 billion open-ended UK property fund as it blamed Brexit uncertainty for an increase in requests from…

Shares of embattled Glasgow-based fashion firm Quiz fell about 9% on Wednesday after it published results for the six months ended September 30, 2019. Quiz…

Edinburgh-based fund management giant Standard Life Aberdeen said it plans to sell yet another portion of its stake in Indian financial group HDFC for as…

Shares of West of Shetland oil and gas explorer Hurricane Energy have fallen about 25% in the past two days after its final drilling report for…

Lena Wilson, one of Scotland’s most experienced business leaders, has been appointed as the new chair at Edinburgh-based accountancy firm Chiene + Tait. Wilson spent…

French state-owned energy company EDF said on Thursday it has launched the construction of the £2 billion Neart na Gaoithe wind farm off the coast…