John Wood Group plc, the Aberdeen-based engineering and consulting giant, said on Tuesday it made a statutory loss of $983 million in the six months to…

Edinburgh-based learning and training management platform Administrate has raised £3 million in funding to support the launch of its new AI scheduling software and enhance…

Creative Scotland announced it has “taken the difficult decision” to close its Open Fund for Individuals to new applications “due to the Scottish Government being…

Over 3,000 industry experts from around the world are expected to attend Space-Comm Expo Scotland at SEC Glasgow on September 11 and 12 for the biggest…

By Mark McSherry Edinburgh investment giant Baillie Gifford has announced that Andrew Telfer, one of its three managing partners, will retire on March 31, 2025,…

The Scottish National Investment Bank said it has invested a further £10 million in Highland Broadband, which is part of Lothian Broadband Networks Limited. The bank…

New research from Phoenix Group, owner of Standard Life, has found that 75% of Scots aged between 40 and 66 — pre-state pension age —…

Scotland’s whisky distillers are to benefit from Scottish Government funding of £3.1 million towards the development of a green hydrogen hub in Moray. The Scottish…

The Scottish Government said on Wednesday that revenue generated for Scotland’s public services increased by £1.7 billion last year to £88.5 billion “driven by a…

Pension fund Railpen and independent Scottish renewable energy business GreenPower have announced a joint venture to co-develop the 66 megawatt (MW) Barachander onshore wind project…

Edinburgh and London-based private bank Hampden & Co said it saw significant demand for personalised banking over the first half of 2024 as deposits, lending and…

UK energy regulator Ofgem said it has given the green light to a £3.4 billion funding package to build a proposed new subsea “superhighway” with…

New research from business and financial adviser Grant Thornton UK LLP has found that parents are more likely to encourage their child to apply for…

A new research hub is to lead the use of “digital twins” to determine how transport systems, from road and rail to air and maritime,…

The number of people living in Glasgow city centre has risen by a third in just over a decade, new figures released by Glasgow City…

Utah-based Recursion Pharmaceuticals has agreed to buy AI-driven drug discovery firm Exscientia, originally a spinout company from the University of Dundee, in an all-stock deal…

A group of private equity investors agreed on Friday to buy Hargreaves Lansdown in a deal that values the Bristol-based investment platform at £5.4 billion….

Total UK fintech investment hit $7.3 billion in the first half of 2024, up from $2.5 billion in the same period in 2023, according to…

Chivas Brothers, the Scotch whisky business of Pernod Ricard, and its distilling wheat supplier Simpsons Malt Limited, have announced an investment in low-carbon fertiliser created by…

Loganair, the UK’s largest regional airline, has announced the appointment of Natalie Bush as Chief Operating Officer (COO) and Accountable Manager. Bush, currently the UK…

Shell has selected Aberdeen-based consulting and engineering giant Wood plc to deliver pre-FEED (pre-front-end engineering and design) services for Oman’s innovative Blue Horizons’ project. “The project will…

The UK Government’s decision to withdraw funding for the University of Edinburgh Exascale Supercomputer is a major blow to Edinburgh’s ambition to be a global centre…

Global stock markets fell sharply on Monday — with the Japanese index suffering its worst day in 37 years — as investors around the world…

Lloyds Banking Group (LBG) — owner of Bank of Scotland, Scottish Widows and Halifax — said it has appointed Rohit Dhawan to the newly established…

Glasgow-based property developer Ambassador Group said it has obtained approval for the “tranformational redevelopment” of the iconic Craigforth Campus site near Stirling that was previously occupied…

Abrdn Adviser has announced that Verona Kenny will join the firm in the newly created role of Chief Distribution Officer, reporting directly to Noel Butwell,…

A joint report by Professor Mariana Mazzucato of the UCL Institute for Innovation and Public Purpose (UCL IIPP) and Future Economy Scotland co-founder Laurie Macfarlane and has set out…

KPMG’s latest UK Financial Services Sentiment Survey of 150 industry leaders found that 90% of them plan to increase their footprint outside of London in…

The Association of Chartered Certified Accountants (ACCA) has called for the Scottish Government to increase the threshold at which charities have to complete an audit…

The UK’s central bank on Thursday cut interest rates for the first time since early 2020 — from 5.25% to 5% — and signaled that…

The UK investment management industry saw growth in assets under management to £9.1 trillion in 2023 from £8.8 trillion in 2022, according to the latest…

Edinburgh-based golf technology firm Shot Scope has raised $8.5 million in a Series B funding round led by Guinness Ventures, which invested $4 million. Through…

Standard Life owner Phoenix Group and global investment manager Schroders have announce an agreement to form a new strategic partnership called Future Growth Capital (FGC). FGC has…

McGill’s Bus Group has appointed Tony Williamson and Robbie Drummond to leadership roles as exisiting CEO Ralph Roberts becomes McGill’s group chairman. Roberts assumes the…

By Mark McSherry Baillie Gifford’s £1 billion investment trust Scottish American Investment Company (SAINTS) said its net asset value (NAV) total return was 5.5% for the…

A groundbreaking new quantum research hub that aims to develop technologies for an ultra-secure “quantum internet” of the future is being led by Edinburgh’s Heriot-Watt…

A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks, Funkin cocktail mixers and MOMA foods, on Tuesday reported first-half revenue growth of about…

NatWest Group — formerly called Royal Bank of Scotland — said it has issued its first Electric Vehicle Green Bond, raising net proceeds of €750…

Edinburgh-based AI fintech Aveni — which creates large language models — has announced one of the largest Series A investments in a Scottish business this year…

Edinburgh-based investment giant Abrdn has forecast that “the real estate correction is now over for core assets” and it expects residential, retail and industrials to…

Glasgow-based fashion firm Quiz plc said on Monday it requires “additional time” to prepare its audited results for the year ended March 31, 2024. In…

The UK’s Financial Conduct Authority (FCA) set out new proposals on Friday to make it easier for companies already listed in London to raise more money…

Shares of NatWest Group plc rose on Friday after it raised its forecast for full-year income and announced the acquisition of £2.5 billion of prime…

Aberdeen-headquartered transport giant FirstGroup plc said on Friday that chairman David Martin “has decided that he intends to retire from the board of FirstGroup plc.” The…

Tulsa, Oklahoma-based global drilling company Helmerich & Payne (H&P) announced a definitive agreement to acquire Aberdeen-based KCA Deutag International Limited for $1.9725 billion in cash. KCA Deutag’s…

Bank of Scotland plc, owned by Lloyds Banking Group, has reported a profit before tax of £427 million for the first half of 2024, compared to…

Revolut, the fintech company with over nine million UK customers and 45 million globally, announced that it has received its UK banking licence “with restrictions”…

Alliance Trust plc, the £3.9 billion Dundee-headquartered fund, said it produced “very strong” investment returns for the six months ended June 30, 2024, with a…

Scottish Enterprise is launching a new support programme for businesses that are ready to undertake capital investment but looking to develop leaders, change business processes…

ScottishPower said it has delivered a £1 billion boost for the UK energy supply chain and over £1.1 billion in investment in the first six…

Aberdeen-headquartered Proserv has successfully completed a sponsor-backed management buyout (MBO) and is introducing an employee ownership scheme — marking a significant milestone in the company’s…

Women in Scotland are starting and running new businesses at almost the same rate as men for the first time, while one in five entrepreneurs…

Five projects funded by the UK Space Agency across Scotland were announced on Monday during the opening day of the Farnborough International Airshow, providing over…

Edinburgh emerged as the leading UK destination for foreign direct investment (FDI) outside of London and the South East of England, according to the latest…

The UK’s Competition and Markets Authority (CMA) said it has cleared the anticipated £2.9 billion cash acquisition of listed bank Virgin Money UK plc by…

Shares of Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), rose about 7% after it published a trading update for…

Edinburgh-based Craneware plc, a provider of software for the US healthcare market, said it expects revenue for the year to exceed $188 million, which is above…

Deputy First Minister Kate Forbes on Wednesday joined Scottish Enterprise chief executive Adrian Gillespie to announce an £8 million grant contribution to the construction of…

The Scottish economy is predicted to grow more in 2024 compared with last year, with real GVA expected to be 0.9% higher across 2024 —…

John Wood Group plc, the Aberdeen-based engineering and consulting giant, said Henrik Melsom has been appointed Senior Vice President of Wood’s Norwegian operations, tasked with growing the…

North Sea oil and gas operators must “take action on well decommissioning to support the UK’s supply chain, clean up their oil and gas legacy…

Forth Green Freeport (FGF) said it has appointed former City of London Corporation executive Sarah Murray as the first chief executive of the public-private consortium….

Scottish Enterprise said it is launching a new £35 million Manufacturing Property Challenge Programme for prospective developers of manufacturing property to create 1,000,000 sq.ft. of…

The North Sea Transition Authority (NSTA) said the search for carbon storage and windfarm sites has received a significant boost with the transfer of valuable…

Scotland’s forestry contributes £1.1 billion to the economy each year and supports more than 34,000 jobs, a new report has found. The independent study, commissioned…

Figures compiled by Highlands and Islands Enterprise (HIE) show that businesses and communities supported by the agency during the last financial year are set to…

Elgin-based house builder Springfield Group has made two senior promotions, appointing Andrew Curran to Managing Director (Central) covering Springfield Properties, Dawn Homes, Walker Group and…

A new report published by the Scottish Human Rights Commission recommends the Scottish Government should produce and publish two key fiscal documents to improve budget…

UK stock funds saw a record outflow of £1.8 billion during May, according to data published by the Investment Association (IA). The May outflows continue…

The Scottish Chambers of Commerce’s latest Quarterly Economic Indicator survey shows that confidence and trading conditions have improved slightly among Scottish firms, albeit it remains at…