News

Aberdeen Asset Management has announced the final closing of private equity fund FLAG Private Equity VI, L.P. with $295 million in committed capital, $70 million above the Fund’s target. It is the first fund closing announced since the completion of Aberdeen’s acquisition of FLAG Capital Managem

Edinburgh-based global asset manager Standard Life Investments has celebrated the tenth anniversary of its UK Equity Unconstrained Fund. Since launch, the fund has returned 328 per cent to investors versus the IA UK Equity sector average of 76.2 per cent placing it in the first percentile of its pee

Kevin Stewart Around 50 per cent of capital expenditure made by local authorities in Scotland, totalling £1.2 billion, has been invested in education and housing infrastructure, new figures have shown.

Patrick McGuire Thompsons Solicitors could launch mass litigation against car manufacturer Volkswagen in the wake of a scandal over rigged emissions tests.

Kathryn Mikells International drinks giant Diageo has appointed Kathryn Mikells as its new chief financial officer.

The rush to buy shares in Lloyds Bank in what Chancellor eorge Osborne yesterday labelled Britain’s “biggest privatisation in 20 years" is well underway after 62,500 people registered an interest on a government website just hours after Mr Osborne announced the sell-off. Shares worth at least £

Key players in the Scottish property sector will meet in Edinburgh on Thursday in order to find a way of meeting the demand for private rented housing and unlock funding for large-scale purpose-built developments. PRS Forum Scotland 2015 – Making Build to Rent Happen in Scotland has been organised

Scotland's most economically deprived neighbourhoods have more off-licences and shops selling tobacco than wealthier parts of the country, according to a new study carried out by the University of Edinburgh. Areas with the lowest average household incomes have the highest number of alcohol and tobac

Hunters Residential, the real estate and conveyancing arm of leading Scottish law firm Gillespie Macandrew, has seen sales rise 33 per cent in 2015 as the property market continues to improve. The estate agency, which operates across Edinburgh and surrounding areas, has seen the number of sales runn

The Scottish Loan Fund (SLF), managed by Glasgow-based Maven Capital Partners , has completed a £5 million investment in the energy service specialists Meta Downhole and READ Cased Hole, to support the international growth ambitions of both businesses. Aberdeen-based READ and Meta are trading compa

Graeme Finnie (left) and Harry Linklater. Scottish accountancy firm French Duncan has promoted director Harry Linklater to partner with immediate effect.

As the Scottish Government presses ahead with proposals for rent controls and details of the Private Tenancies Bill are expected to be published this week, average rents in the country have started to head south, according to new figures. The latest Citylets Quarterly Report shows that rents have fa

David Mundell The Scottish Government is to receive an extra £500 million as a result of UK government plans to boost infrastructure funding, Scottish secretary David Mundell confirmed yesterday.

The UK Treasury has today announced that it plans to sell shares worth at least £2 billion in bailed-out Lloyds Bank to private investors. The Treasury said that the government would sell the 12 per cent stake that remains of the 43 per cent of the bank that it took on at the height of the financia