Scottish Financial Review

Scottish orbital launch services company and space rocket manufacturer Orbex announced that it is in the process of appointing administrators after fundraising, merger and acquisition…

Activist investor Elliott Management has built a stake in the London Stock Exchange Group and has been in talks with LSEG to help drive improvement…

Shares of Iomart Group plc, the Glasgow-based secure cloud services firm, fell another 10% on Wednesday after it said chief financial officer Scott Cunningham will…

The Baillie Gifford-managed £860 million Edinburgh Worldwide Investment Trust plc (EWIT) said on Tuesday it is to face a third attempt by New York hedge…

Stirling-based construction, development, infrastructure and support services firm Robertson Group announced its results to year end June 2025, showing a return to profit “reflecting strategy…

Standard Life said it has concluded a £700 million Bulk Purchase Annuity (BPA) transaction with the Deloitte UK pension scheme (DUKPS) section of the Pensions…

The Scottish Government said spending on schools across Scotland has increased by more than £1 billion in real terms over the past decade, citing “official…

A housing development in Newhaven by CCG Homes has been purchased by the City of Edinburgh Council in a £30.5 million deal that will see…

The UK’s Financial Conduct Authority (FCA) is aiming to tackle a “drastic under-reporting” of market liquidity that has driven some companies to move their listings…

NatWest Group plc — the bank formerly known as RBS — confirmed on Monday it reached an agreement to acquire wealth manager Evelyn Partners from…

The UK government said on Sunday that Morgan McSweeney has resigned as prime minister Keir Starmer’s chief of staff amid the Peter Mandelson scandal. Starmer’s…

TSB has reported a statutory profit before tax of £350.4 million for 2025, up 20.7% on 2024. Sabadell Group agreed last July to sell TSB…

Glasgow City Council has announced that the restoration of the city’s “Egyptian Halls” has taken another step forward with the selection of a preferred developer…

Alistair McAlinden and Geoff Jacobs from Interpath have been appointed joint administrators to Orion Retail Limited, Tarak International Limited and Zandra Systems Limited, collectively trading…

Custodian Property Income REIT announced the sale of an office building in Glasgow’s George Square for £6 million, representing a 24% premium to the September…

A new report from Audit Scotland said the Scottish Public Pensions Agency (SPPA) needs to be more transparent about its progress updating thousands of people…

Lanarkshire-based DataVita has announced a “strategic partnership” with Glasgow City Council to “transform and maintain the digital infrastructure and provide the city’s core compute and…

Edinburgh-based hospitality trade technology provider Zonal, which works with many of the sector’s biggest bar, restaurant and hotel companies, has been acquired by Volaris Group,…

Whitburn-based Window Supply Company, one of Scotland’s fastest-growing manufacturers of PVCu windows and doors, has expanded with new branches in Inverness, Lincoln and Manchester, won…

The boards of Brighton-based OneFamily and Glasgow-based Scottish Friendly on Wednesday announce proposals to merge, bringing together the two mutual life assurance providers to create…

SSE plc, the Perth-based electricity infrastructure giant, said on Wednesday that “momentum continues” behind delivery of its five-year, £33 billion investment plan, with a number…

Standard Life said it has re-entered the onshore investment bond market with the relaunch of its “Tailored Investment Bond” — adding a range of fully…

STAC (Smart Things Accelerator Centre), Scotland’s industry-led technology accelerator, has appointed Jim Rowan as its new chair as the organisation launches a £15 million investment…

AGS Airports (AGS) — which operates Glasgow, Aberdeen and Southampton airports — has completed a £745 million refinancing package, with support from Allied Irish Bank…

Shares of A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks and Funkin cocktail mixers, rose as much as 5% after it…

Responsible finance provider Social Investment Scotland (SIS) announced it will take its nationwide Funding Socials programme to Edinburgh, offering third sector leaders “the opportunity to…

The Scotch Whisky Association said that the total UK tax burden on a 70cl bottle of Scotch Whisky rose to 71% on February 1 —…

New TSB owner Santander UK has appointed Mahesh Aditya as its chief executive — asking parent Banco Santander’s group chief risk officer to lead the…

National Trust for Scotland has called on all political parties fielding candidates in the May 7 election to “commit to action to save the nation’s…

Business delegations to the Scotland Day showcase events at Expo 2025 Osaka in Japan have reported £23 million in sales through immediate export orders as…

The UK government said Prime Minister Keir Starmer has secured a proposed Scotch whisky tariff cut in China that is “worth £250 million to the…

Scottish Enterprise has appointed former Fintech Scotland CEO Nicola Anderson as its new Director of Scaling Innovation. “Nicola will lead Scottish Enterprise’s Scaling Innovation Mission,…

New TSB owner Santander UK has announced plans to close 44 branches as it “continues to transform its branch network in response to changing customer…

Lismore Real Estate Advisors said it advised on the £10.65 million sale of George House, one of Glasgow’s most prominent multi-let buildings. “This transaction highlights…

Lloyds Banking Group (LBG) — which owns Bank of Scotland, Scottish Widows and Halifax — said its 2025 profit before tax rose 12% to £6.7…

DataVita said its North Lanarkshire site near the M8 has been officially designated a UK government AI Growth Zone, aiming to secure £8.2 billion of…

Glasgow’s Scottish Event Campus (SEC) has reported a strong set of financial results for 2024-25, which also saw the appointment of a new CEO as…

Murray Capital Holdings, the investment business of the Murray family, recorded an £18 million profit last year thanks to proceeds from land sales, with its…

Scotland’s onshore GDP grew by 0.3% in the three months to November 2025, unchanged from growth of 0.3% in the three months to October 2025,…

The Scottish Government’s Climate Action and Energy Secretary Gillian Martin said on Wednesday that “record funding” of over £5 billion will support climate action and…

The £965 million Murray Income Trust plc, which on November 20 agreed to replace Aberdeen with Artemis Fund Managers as its new investment manager, said…

Nairn’s Oatcakes, one of Scotland’s most iconic brands, has credited growth in its core business and new product launches amid a rise in sales and…

Aberdeen-based OEG, the global energy solutions business, said it delivered a record performance in 2025, reflecting the “continued strength of its diversified business model, market-leading…

The Scottish National Investment Bank, Scotland’s development bank, said it has committed £15 million towards the £109 million Epidarex Capital IV fund, managed by Edinburgh-based…

Hawick-based Emtelle, a global manufacturer of duct, fibre optic cables and “pre-connectorised solutions” said it has concluded a strategic deal to produce Emtelle fibre optic…

Canada Life Asset Management has announced the acquisition of the ground lease of InterContinental Edinburgh – The George. Operated by IHG under the InterContinental brand,…

The Scottish Government said on Monday it is “making good progress towards” its first bonds issuance in 2026-27. First Minister John Swinney told financial services…

The UK Treasury’s Office of Financial Sanctions Implementation (OFSI) said it has imposed a £160,000 monetary penalty on Bank of Scotland plc, part of Lloyds…

Deloitte said it has appointed Lesley Smillie as its new office senior partner (OSP) for Edinburgh. Smillie has over 20 years of experience in professional…

The £890 million Baillie Gifford US Growth Trust plc said its share price and net asset value (NAV) returned 18% and 14.1% respectively for the…

Shares of Glasgow media firm STV Group plc got some respite on Friday after the company puplished a trading update for the year ended December…

Publicly-owned Scottish Water has announced that household water and waste water bills will rise by an average of £42 per year from April 1, 2026…

First Minister John Swinney has confirmed the Scottish Government intends to establish a new national housing agency “with a focus on simplicity, scale and speed…

Stornoway Port has secured £3.5 million from the Scottish National Investment Bank towards a new linkspan — a drawbridge — for its newly constructed Deep…

Edinburgh-based Artisanal Spirits Company (ASC), creator of limited-edition whiskies, said cask sales remained strong in 2025 and achieved double digit revenue growth “with continued delivery…

Phoenix Group, Royal London and Scottish Widows are among those considering offers for the UK insurance business of Dutch insurance and retirement giant Aegon, according…

Around 12,500 homes and businesses in Dumfries & Galloway are set to benefit from gigabit-capable broadband. An £18 million investment, funded by the UK Government…

The Scotland team of growth capital investor BGF has promoted several members of its senior Edinburgh-based team. Patrick Graham, “Regional” Partner, who has grown and…

Edinburgh Airport, part of France’s Vinci Airports network, said it welcomed a record of almost 17 million passengers in a single year in 2025 —…

The board of the Scottish Chambers of Commerce (SCC) has appointed Charandeep Singh as its new chief executive. Singh has been deputy chief executive of the…

Aberdeen Investments said it has launched three new Article 8 funds, incorporating World, American and European Equity Enhanced Index funds within a Luxembourg domiciled SICAV…