ExxonMobil Corp said on Wednesday it will sell non-operating interest in its UK and North Sea exploration and production assets to private-equity fund HitecVision for…

Perth-based SSE Renewables and Spanish renewable energy operator Acciona S.A. said on Tuesday they have signed an exclusivity agreement regarding the formation of a 50-50…

The SSEN Transmission business of Perth-based energy giant SSE has published a discussion paper calling for views on the current Transmission Network Use of System…

Perth-based renewable energy and networks giant SSE plc said on Tuesday it has appointed banks to review options for divestment of all or part of…

Thorntons Investments, the Dundee headquartered wealth manager, said it has acquired Aberdeen-based Matheson Financial Consulting and Dundee-based Sonas Wealth Management as part of its ambitious…

Scottish salmon producers have called for the creation of a “cross-border” government task force to solve the post-Brexit export problems experienced by seafood businesses this year. Tavish…

London-listed investment vehicle AssetCo plc said on Monday that a “concert party” of Martin Gilbert, Peter McKellar, various associates and funds managed by Toscafund Asset…

Edinburgh funds platform Nucleus Financial Group announced its assets under administration (AUA) rose 8.1% to £17.4 billion in the three months to December 31, 2020. Earlier this…

SSE plc, the Perth-based renewable energy and networks giant, said on Tuesday it agreed to sell its portfolio of gas exploration and production (E&P) assets…

Shares of Edinburgh funds platform Nucleus Financial Group rose about 3% on Friday after it published an update on fourth-quarter trading saying its assets under administration…

Shares of Perth-based renewable energy and networks giant SSE plc rose about 3% on Tuesday after UK energy watchdog Ofgem proposed a return on equity…

Italy’s Eni is buying a 20% stake in the Dogger Bank Wind Farm project from Perth-based SSE and Norway’s Equinor. Dogger Bank Wind Farm, off…

Perth-based SSE Renewables and its 50-50 joint venture partner Equinor have reached financial close on the first two phases of what will be the world’s…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday it is assessing a sale of…

Shares of Perth-based energy and networks giant SSE plc rose almost 5% on Wednesday after it published half-year results showing progress on its £7.5 billion…

Perth-based energy giant SSE, Iberdrola’s ScottishPower and the UK’s National Grid have confirmed they are developing ambitious plans to deliver “an underwater super-highway that will see…

Plans to create hundreds of jobs with a £200 million development at Ravenscraig are to be submitted by family-owned logistics firm Russell Group this week. …

Edinburgh funds platform Nucleus Financial Group said on Friday its assets under administration (AUA) have recovered to £16.1 billion, the level at which they started the…

Assets under management (AuM) at the world’s 500 largest asset managers exceeded $100 trillion for the first time in 2019, according to new research from the Thinking…

SSE, the Perth-based renewable energy and electricity networks giant, said on Thursday that Martin Pibworth has been promoted to the newly created role of group energy…

SSE, the Perth-based renewable energy and electricity networks giant, said on Tuesday it agreed to sell its 50% stake in energy-from-waste ventures in Ferrybridge and Skelton…

SSE, the Perth-based renewable energy and electricity networks giant, said on Wednesday it expects a hit of up to £130 million on its operating profit for…

Shares of Edinburgh funds platform Nucleus Financial Group fell about 5% on Tuesday after it published results for the six months ended June 30, 2020, showing…

SSE, the Perth-based renewable energy and electricity networks giant, has been fined £2.06 million by UK energy regulator Ofgem for failing to publish “in a…

SSE, the Perth-based renewable energy and electricity networks giant, said on Tuesday it agreed to sell its 25.1% non-operating stake in Walney Offshore Wind Farm…

Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) on Thursday gave an update on its proposal last month to cut up to 650 jobs across the…

Danish firm Vestas, the world’s largest wind turbine maker, said on Wednesday it won a 443 MW order from SSE Renewables for the Viking wind…

Aberdeen Standard Investments said on Tuesday its Aberdeen New India Investment Trust saw its assets fall 23.1% to £241.5 million and stock market value fall…

Aberdeen Standard Investments said on Friday the assets in its Murray International Trust plc fell from £1.73 billion to £1.53 billion in the six months…

Edinburgh-based Aegon UK — owned by Dutch investment giant Aegon NV — said on Thursday its 2020 first-half underlying earnings rose 17% to £71 million compared…

Royal London said on Monday it made a pre-tax loss of £181 million in the first half of 2020 compared to a profit of £397 million in…

Standard Life Aberdeen said on Friday its first-half adjusted profit before tax fell 30% to £195 million while assets under management and administration slipped 6% to…

Over 70 asset management firms with $16 trillion of assets have developed the first-ever Net Zero Investment Framework that “provides the first-ever practical blueprint for…

SSE, the Perth-based renewable energy and electricity networks giant, said on Tuesday it appointed John Manzoni to succeed Richard Gillingwater as SSE chair. Manzoni held…

Edinburgh funds platform Nucleus Financial Group said on Friday its assets under administration recovered to end the first half of the year to June 30 at…

Dundee investment trust company Alliance Trust plc, which now uses external fund managers Willis Towers Watson (WTW), said on Thursday the first six months of…

Perth-based renewable energy and electricity networks giant SSE plc said in a trading statement on Thursday it will maintain its plans to invest £7.5 billion…

Perth-based renewable energy and electricity networks giant SSE and Iberdrola’s Scottish Power both slammed a proposal on Thursday by the UK’s energy regulator Ofgem to cut…

Shares of Perth-based renewable energy and electricity networks giant SSE plc rose 9% on Wednesday after it committed to building the largest onshore wind farm…

BP plc said on Monday it plans to write off up to $17.5 billion from the value of its assets after cutting its long-term forecasts…

Perth-based energy giant SSE plc said on Wednesday its SSE Renewables business agreed to sell a 51% stake in its massive Seagreen 1 offshore Scottish…

The Scottish government said on Wednesday that billions of pounds would be wiped from a Scottish economy already hit hard by the Coronavirus crisis if…

Scottish Friendly, Scotland’s largest financial mutual, on Thursday announced record sales of Investment ISAs — also known as stocks and shares ISAs — as it…

Perth-based energy giant SSE plc said on Tuesday it has urged the UK government to “stimulate investment in a world-leading electric vehicle charging network and bring…

Ovo Energy on Tuesday announced proposals to cut 2,600 jobs across SSE Energy Services and Ovo “largely through voluntary redundancy over the course of 2020.”…

Edinburgh-based asset management giant Standard Life Aberdeen said on Tuesday its assets under management and administration at April 30 stood at £490 billion, with estimated…

Scotland’s universities warned on Monday they are facing £500 million of losses next year “based on a scenario which sees a 50% drop in international…

Standard Life Aberdeen CEO Keith Skeoch said on Thursday that global markets “have passed the point of maximum panic” amid the coronavirus pandemic but have…

Perth-based energy giant SSE plc said late on Tuesday it successfully launched a €1.1 billion “5 and 10 year dual tranche” Euro bond with €600…

Perth-based energy giant SSE plc said on Friday the coronavirus crisis “has not so far had any material impact” on its financial results for 2019-20…

Royal London said its assets under management rose 22% to a new high of £139 billion as net inflows rose 29% to £9.89 billion in…

The Scottish Government’s finance secretary Kate Forbes on Saturday announced new measures to help limit the impact of COVID-19 on the business community in Scotland. She…

Edinburgh Airport warned on Friday it is facing the potential of three months of “zero or close to zero passenger demand” due to the coronavirus…

Edinburgh-based asset management giant Standard Life Aberdeen said on Tuesday its assets under management and administration were £544.6 billion at December 31, 2019, down slightly…

SSE Renewables said it agreed to sell its 18.8MW Slieve Divena II Wind Farm in Northern Ireland to Greencoat UK Wind for £51 million. Slieve…

Edinburgh-based Aegon UK — owned by Dutch investment giant Aegon NV — said on Thursday it delivered underlying earnings of £61 million in the second half…

Global institutional pension fund assets in the 22 largest major markets — the so-called P22 — bounced back in 2019, soaring by 15% to $46.7…

Scotland’s First Minister Nicola Sturgeon was in Brussels on Monday for a series of engagements talking about Scotland’s future relationship with the EU. Speaking to…

Shares of Edinburgh-based funds platform Nucleus Financial Group rose 3.5% on Friday after it published an update on its assets under administration (AUA) in respect of the three months…

Perth-based energy giant SSE plc said in a trading statement on Friday its renewable energy output for the first nine months of its fiscal year…

Legislation to establish a Scottish National Investment Bank has been passed unanimously by the Scottish Parliament. The bank is expected to be operational before the…

A total of 14,747,830 people travelled through Edinburgh Airport last year, making 2019 the busiest in the airport’s history and the busiest ever year for…

Shares of Perth-based energy giant SSE plc rose 2% on Wednesday after it finally completed the sale of SSE Energy Services, its household energy business in…

UPDATE 3 — Aberdeen-based global bus and rail giant FirstGroup plc, under pressure from activist investors, said on Monday it appointed advisors to “formally explore…

Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…

Perth-based energy giant SSE plc on Tuesday welcomed the UK Competition and Markets Authority’s decision to clear the proposed £500 million sale of SSE Energy…

Aegon Asset Management said it will “retire” its Edinburgh-based Kames Capital brand in 2020 as it plans to integrate its European and US businesses “and…

Edinburgh-based financial sector recruitment and headhunting company Core-Asset Consulting said on Monday it has recorded its best ever set of annual results. Core-Asset said it…

Perth-based energy giant SSE plc on Wednesday warned of challenges for energy firms due to the UK election next month and the Labour Party’s plans to…

The Businesses in Scotland 2019 report shows that as of March 2019 there were an estimated 356,550 private sector businesses, including micro businesses, operating in…