Royal London said on Wednesday its discussions on a potential merger with mutual life insurer LV= — formerly known as Liverpool Victoria — have ceased. Royal…

First Minister Nicola Sturgeon and Scottish Financial Enterprise chair Philip Grant are to co-chair a “refocussed” national board to “ensure the crucial role of financial…

Swiss private markets firm Partners Group has agreed to acquire Aberdeen-based North Star, the operator of specialized vessels for emergency response and essential offshore wind…

The contrarian Scottish Investment Trust plc said on Monday its share price total return for the year to October 31 was 24.3% and the net…

Dozens of Scottish and British business leaders have joined forces to warn Scottish and Westminster politicians against creating a “hostile investment environment” for the North…

UK exports of food and drink are down £2.7 billion or 15.9% in the first three quarters of 2021 compared to pre-pandemic levels, according to…

Siccar Point Energy CEO Jonathan Roger said on Friday that Royal Dutch Shell’s decision last week not to go ahead with the Cambo oilfield project west…

The powerful trade association for the £274 billion investment trust and closed-end fund industry has said the cost of preparing prospectuses — in terms of time…

Royal Dutch Shell said on Thursday it has scrapped its current involvement in plans to develop the controversial Cambo oilfield west of Shetland in a…

The Scotch Whisky Association (SWA) has welcomed the 50% excise duty cut on imported Scotch Whisky in the state of Maharashtra ahead of formal UK-India…

Blocking long-planned oil and gas projects in the North Sea would risk leaving UK consumers even more exposed to the global energy shortages that sent…

Zetland Capital Partners LLP, a London based private equity firm, has announced its funds have agreed to acquire the 338-bedroom Macdonald Manchester Hotel and the…

Companies in the UK’s oil and gas sector are predicting that the share of their business outside of oil and gas will jump from 21%…

Edinburgh-based investment giant Abrdn said on Friday it has acquired the “investing insights” and personal finance news platform Finimize. Finimize CEO Max Rofagha will join…

The £265 million Baillie Gifford China Growth Trust plc has described Beijing’s crackdown on internet companies as “remarkably sensible.” The Baillie Gifford fund said the market…

Barclays has officially opened its new campus on the south bank of the River Clyde in Tradeston, Glasgow, to house its technology, operations and functions…

Aberdeen-based housebuilder Stewart Milne Group said it is putting its timber systems business up for sale “to focus on investing in the growth of Stewart…

Airlines have been invited to bid for a contract to resume “lifeline” flights from Wick John O’Groats Airport, which is operated by Highlands and Islands…

By Mark McSherry Edinburgh-based asset management giant abrdn announced it has agreed as a member of a bondholder committee to a restructuring of $530 million…

Plans to create the first Scottish Cyber Security Innovation Hub — to help drive further growth and innovation in Scotland’s thriving cyber security sector —…

Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, announced that its portfolio company Exscientia Limited has filed a registration statement with the US…

David Ferguson, founder of Edinburgh funds platform Nucleus Financial Group, is to leave the firm following the £145 million acquisition of Nucleus by James Hay. Barry Neilson,…

Edinburgh-based oil and gas company Cairn Energy pledged on Tuesday to return up to $700 million to shareholders through a special dividend and a share…

Joanna Peteranna is to take up the role of interim area manager for Highlands and Islands Enterprise (HIE) in the Outer Hebrides. Peteranna is a…

The UK Food and Drink Federation (FDF) announced that export sales of UK food and drink in the first half of 2021 were down £2…

Glasgow-based global intellectual property law firm Murgitroyd Group has continued its international expansion with the acquisition of Hanna Moore + Curley (HMC), one of Ireland’s leading European…

New research from Bank of Scotland shows that 25% of young people in Scotland say a lack of knowledge is a key barrier to home…

First Minister Nicola Sturgeon has written to UK Prime Minister Boris Johnson calling for the UK Government to reassess oil and gas licences already issued…

Royal London said on Thursday its assets under management increased to a record high of £153 billion in the six months ended June 30, 2021, compared…

Pension funds in the UK have been urged by prime minister Boris Johnson and finance minister Rishi Sunak to provide an “investment big bang” by…

Edinburgh-based international oil and gas company Cairn Energy said on Monday that Italy’s Eni has announced an oil find in offshore Mexico — at the Sayulita Exploration Prospect…

Perth-based energy and networks giant SSE said on Monday it agreed to sell its entire 33.3% stake in gas distribution operator Scotia Gas Networks Ltd…

Edinburgh-based Blockchain Technology Partners (BTP) announced it has closed a seed round of £2 million led by Force Over Mass, a London-based venture capital firm, and…

Fees for children learning a musical instrument at school are to be removed thanks to more than £7 million funding from the Scottish Government. “Councils…

Murray Capital Group has filed accounts for the 18-month period ending June 30, 2020, showing turnover from continued operations of £100.1 million — as ownership of…

Shares of troubled West of Shetland oil and gas explorer Hurricane Energy plc rose almost 30% on Wednesday after it said chairman Steven McTiernan and…

The UK central bank’s monetary policy committee (MPC) said on Thursday it voted unanimously to maintain its benchmark lending rate at 0.1% and by 8-1…

Exports of UK food and drink products to the EU fell 47% in the first quarter of 2021 compared with Q1 2020 as a result…

The Scotch Whisky industry has welcomed the Agreement in Principle reached over a UK-Australia Free Trade Agreement (FTA), which has removed the 5% tariff on…

Former Aberdeen Standard Investments executives Alex Barr and James Witter have launched Bread Street Capital Partners Ltd, a new investment management business specialising in broadening investor…

North Sea focused oil and gas development company Orcadian Energy plc said on Wednesday said it is planning an initial public offering on London’s AIM…

Shares of Edinburgh-based Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society (SMWS), rose on their fist day of trading on the London Stock…

West of Shetland oil and gas explorer Hurricane Energy plc said on Tuesday it made a loss of $625.3 million for the year to December 31,…

Almost 35% of shareholders of Edinburgh-based international oil and gas company Cairn Energy voted against the company’s remuneration report at its AGM on Tuesday. “The…

Edinburgh-based asset management giant Standard Life Aberdeen plc announced on Monday its intention to change its name to “Abrdn plc” — a move that will…

ScottishPower announced it has submitted a planning application to deliver the UK’s largest electrolyser — which will be the key component of a green hydrogen…

UPDATE 3 — The UK’s Food and Drink Federation (FDF) said that exports of food and drink from the UK to the European Union plunged…

Royal London Asset Management (RLAM), which manages assets of £148 billion, has announced the appointment of Hans Georgeson as it chief executive officer. Georgeson will…

New statistics released on Friday from the UK’s Office for National Statistics (ONS) show that food and drink exports to the EU fell 63% in…

Edinburgh-based international oil and gas company Cairn Energy said on Tuesday it plans to sell its stakes in UK North Sea fields Catcher and Kraken…

Royal London said on Friday its 2020 profit before tax fell 68% to £131 million “reflecting reduced operating profit as well as lower relative returns on…

Royal London has announced the purchase of fintech business Wealth Wizards from Liverpool Victoria, subject to regulatory approval. Royal London is the UK’s largest mutual life,…

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…

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…

Brexit will cost the London economy up to £9.5 billion a year – with the city’s service sectors bearing the brunt of the downturn, according…

The Scottish Government has published its infrastructure investment plan that is backed by £33 billion over the course of the next parliament. “Significant capital investment…

Investment in Scottish commercial property fell about 42% to £1.2 billion in 2020 — from £2.074 billion in 2019 — as lockdown measures and economic…

Edinburgh-based international oil and gas company Cairn Energy said on Wednesday it ended 2020 sitting on a cash pile of $570 million and that it…

Aberdeen-based global engineering group Wood plc said on Tuesday it entered into a new agreement with Spirit Energy “to partner on the delivery of late…

Scotland’s First Minister Nicola Sturgeon said on Thursday night the “hard” Brexit deal announced by UK Prime Minister Boris Johnson appears to have broken major…

Global dividends fell $55 billion or 11.4% to $329.8 billion in the third quarter of 2020 as companies cancelled and cut payouts during the coronavirus…

Petroineos said on Tuesday it plans to mothball nearly half of its 200,000 barrel-per-day refinery at Grangemouth due to a coronavirus-related drop in demand for…

UK pension fund trustees are involved in a major clash with fund managers over voting on vital ESG issues – with the UK government now…

TSB said it has launched a new partnership with Aviva’s Wealthify “which will make investment opportunities directly available to TSB’s five million customers.” TSB said…

The number of workers on offshore oil and gas installations decreased by around 4,000 as the UK went into lockdown in March this year, official…

Scottish companies listed on the London Stock Exchange outperformed their indices in the third quarter of 2020 according to analysis from Brewin Dolphin, boosted by…

Edinburgh-based international oil and gas company Cairn Energy said on Tuesday its first-half revenue fell 20% to $214.9 million and it swung to a loss of…

The UK’s Oil and Gas Authority (OGA) has vowed to “take a robust stance” on flaring and venting of greenhouse gases in the North Sea….

Shares of troubled West of Shetland oil and gas explorer Hurricane Energy plc fell another 50% on Friday after it slashed its reserve estimates for…

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…