Aberdeen-based oil and gas engineering services company Plexus Holdings said it raised $5 million via a discounted issue of 6.76 million shares to Russian equipment manufacturer Gusar. Plexus said…

Average rents in Scotland’s private rented sector recorded a 2.1% year-on-year growth in the first quarter of 2016 to £767 per month, according to the latest Citylets quarterly…

Scottish GDP grew by 0.2% during the fourth quarter of 2015, according to statistics announced today by Scotland’s chief statistician. The latest Gross Domestic Product…

Ineos has announced that a second manufacturing unit at its Grangemouth KG ethylene plant has been brought back to life eight years after being mothballed. Ineos said it…

The Scottish Government has granted consent for the construction and operation of a gas fired combined heat and power (CHP) plant at BP Kinneil Terminal in…

Edinburgh-based oil and gas explorer Cairn Energy said on Tuesday it has added 20% to its resource estimate for its oilfield off the coast of Senegal…

Scotland had a deficit of £14.9 billion — 9.7 per% of gross domestic product (GDP) — in the financial year 2014-15, compared to a deficit for the…

Aberdeen-based oil and gas services company Wood Group said on Tuesday it suffered a sharp decline in revenue and profit in 2015 as low oil prices and…

Aberdeen-based Wood Group PSN said it plans to reduce the rates paid to a third of its UK-based limited company contractors by an average of 9 per…

Forth Ports said it plans to make the “largest investment in the history of the Port of Dundee” by investing more than £10 million to create a new…

Aberdeen-based Faroe Petroleum, the independent oil and gas exploration company active in the UK and Norwegian continental shelves, said it had a year of growth and progress in 2015 despite…

Shares in Aberdeen-based oil and gas engineering firm Plexus Holdings fell more than 40% on Monday morning after it said a slowdown in planned activity by its customers…

Aberdeen-based energy services giant Wood Group has won a new contract with PetroRio to deliver services to the Polvo A platform in the southern Campos basin, about 100…

Oil & Gas UK chief executive Deirdre Michie (pictured) has welcomed the first rise in UK oil and gas production for more than 15 years —…

North Sea oil and gas doyen Ian Wood believes the next few years will be the industry’s toughest — with up to 10,000 job losses in…

Statoil said on Wednesday it will delay the start up of the $7 billion Mariner field in the North Sea — the biggest field development…

SSEN Transmission announced it will recruit 400 new employees across the north of Scotland in the next 12 months amid a £20 billion investment programme. SSEN…

A new report published by the Scottish Land Commission (SLC) shows the value of farmland in Scotland rose substantially between 2020 and 2022 — surging by…

Edinburgh fund management giant Baillie Gifford has revealed that 25% of the money the firm invests is now entrusted to it “by clients who wish…

The value of venture capital (VC) invested into Scotland’s start-ups rebounded significantly in the third quarter of 2023 due to a handful of high value…

XLCC, the high voltage direct current cable (HVDC) manufacturing company, said it has been awarded a £9 million grant by Scottish Enterprise to continue the…

National Galleries of Scotland announced the appointment of Anne Lyden as its new Director-General. Lyden was most recently Interim Co-Director of Collection and Research. She…

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…

Scotland’s First Minister Humza Yousaf has announced the transfer of the Clyde Mission regeneration programme to the Glasgow City Region as Scottish Government investment in…

Scotland’s Central Belt is experiencing above-average levels of research and innovation and business investment compared with the UK, with high levels of investment also seen…

Scottish SMEs are spending an estimated 35% of their overheads on international payment fees when using traditional banks, according to a survey by fintech firm Wise….

SSEN Transmission announced it has signed a joint venture agreement with the UK’s National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea…

Private real estate investment fund manager Henderson Park has acquired the Waldorf Astoria Caledonian Hotel Edinburgh for a reported £85 million. The five-star hotel in…

Scotland’s first two Investment Zones — Glasgow City Region and the North East — have been announced by the Scottish Government. Glasgow City Region and…

Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — announced it exceeding £1 billion in core revenue…

More than 3,200 new Scottish businesses were set up last month, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s…

The latest statistics from Scottish Development International (SDI) show that more than 8,500 jobs were created through inward investment in the 2022-2023 financial year. This…

Cable manufacturing company XLCC said North Ayrshire Council Planning Committee has granted full planning permission for its HVDC subsea cable manufacturing operations in Hunterston. The decision…

The Scottish Government’s External Affairs Secretary Angus Robertson has called on the UK Foreign Secretary James Cleverly to withdraw guidance and a letter sent to…

Scotland’s salmon sector has unveiled an ambitious European growth plan for its premium “Label Rouge” salmon to further enhance Scotland’s international reputation for food and…

Scottish tech businesses are planning a major employment drive as increased exports drive sales, according to new research from tech trade body ScotlandIS. However, Scotland’s…

Aberdeen-based clean energy firm Verlume has secured £7.2 million in funding — including £6.6 million from the Scottish National Investment Bank — to boost its expansion…

House prices across the UK fell 3.1% year-on-year in March in the largest annual decline since July 2009, according to Nationwide. All regions of the…

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…

Scottish salmon was the UK’s biggest food export in 2022, despite the volume of fish transported overseas falling 26%, new HMRC figures have revealed. Sales of…

James Watt, CEO and co-founder of Aberdeenshire-based craft brewing firm BrewDog, has revealed in a LinkedIn post that he has been “diagnosed not only with…

A manager of the £510 million Abrdn UK Smaller Companies Trust plc has said that UK markets may be “closer to their low point than other…

The expanded Port of Aberdeen said it will welcome a wide range of new cruise vessels to the city in 2023, which could boost the…

An “unprecedented” shortage of skilled labour in Scotland’s financial services sector will be the defining issue of the coming year, according to an influential annual…

Bath Rugby has confirmed the signing of Scotland fly-half Finn Russell, who will join the English club following the 2023 Rugby World Cup after four…

SSEN Transmission said it welcomes UK regulator Ofgem’s approval of the need “for the strategic electricity transmission reinforcements required” to deliver the UK Government’s 50GW…

UK finance minister Jeremy Hunt on Thursday announced a number of tax increases and proposed tighter public spending in his £55 billion Autumn budget plan….

By Mark McSherry — The half-year report from the £14 billion Scottish Mortgage Investment Trust plc is another sobering read from the giant closed-end fund which…

Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, on Friday reported its net asset value per share (NAV) fell almost 18%, with borrowings at book value, for…

The British pound and UK government bonds rose on Monday after new finance minister Jeremy Hunt scrapped Prime Minister Liz Truss’s economic plan — reversing…

By Mark McSherry — Scotland exported £8.8 billion of financial and related professional services in 2020, 7.4% less than in 2019 but 86% more than in…

By Mark McSherry UK prime minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday — and scrapped parts of their economic package that…

Edinburgh-based Capricorn Energy said on Thursday it is withdrawing its intention to recommend an all-share merger with Tullow Oil and said instead it will recommend to shareholders…

By Mark McSherry — Assets under management held by the 250 member firms of the UK’s Investment Association (IA) reached a milestone £10 trillion in 2021, according…

Peel Ports has announced that the first-ever direct freight container service connecting China and Scotland is being launched in response to growing global pressures on…

Aberdeen-based global engineering and consulting giant John Wood Group has announced the appointment of chief operating officer Ken Gilmartin as the firm’s chief executive officer…

A multi-billion pound bid for an ambitious air, sea and rail economic zone on the River Clyde — supported by a large public private partnership…

The Scottish Government said on Friday that offshore work to connect thousands of island homes and businesses to faster and more reliable broadband services has…

Aberdeen biologics company Elasmogen has secured £8 million investment in a funding round led by BGF and Scottish National Investment Bank, with additional support from existing…

Kintore, Aberdeenshire-based oil and gas pipeline specialist STATS (UK) Limited announced its revenues increased 17% to £49.7 million while EBITDA earnings rose to £7.8 million from…

Salmon Scotland, the body which represents the Scottish salmon industry, has raised fears that a “trade war” with the EU could have a devastating impact…

London-based wealth manager Tilney Smith & Williamson, which is re-branding to Evelyn Partners this summer, has further strengthened its presence in Scotland by adding Capital…

TIGA, the trade association for the UK video games industry, released new data showing that employment in the Scottish video games development industry grew 26%…

Scottish tech businesses bounced back in 2021, with 72% of companies reporting increased sales, according to new research from ScotlandIS. This marks a return to…

Stewart Milne Group announced it is embarking on a sale process of its housebuilding business following the decision of founder, principal shareholder and chairman Stewart Milne…

Edinburgh-based global investment management partnership Baillie Gifford has announced it will appoint eight new partners from May 1, 2022, and that four partners — James Anderson,…

ScotWind Offshore Wind Leasing Round partners ScottishPower and Shell are set to invest a total of £75 million “to help the supply chain and businesses support…

Managers of some of the most high profile investment trusts run by Edinburgh-based asset management giant Abrdn have published investment outlooks for their funds as…

The Scottish market for homes worth over £1 million witnessed an “unprecedented level of activity” in 2021, according to Rettie, with a record 419 such…

Crown Estate Scotland on Monday announced the outcome of its application process for ScotWind Leasing — the first Scottish offshore wind leasing round in over a decade. It said a total of just…