Scottish Financial Review

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday that talks to sell its…

Glasgow-based cloud data centre operator Iomart Group plc said on Tuesday its revenue proved resilient through the Covid-19 pandemic as it came in at £111.9…

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…

John Menzies plc, the Edinburgh-based global aviation services business, announced it has agreed a £3.4 million investment to acquire a minority equity stake, by way of…

The latest IHS Markit-Royal Bank of Scotland Purchasing Managers’ Index (PMI) report shows that the easing of Covid-19 restrictions led to a ramping up of…

US clinical research company Q2 Solutions has announced a multi-million pound inward investment at its Livingston campus, creating 156 skilled jobs over the next three years. Supported…

Oil and gas firm EnQuest announced on Friday it signed a new debt facility for $750 million to enable a refinancing and fund the acquisition…

Edinburgh-based Tesco Bank has announced the appointment of Richard Henderson as its chief financial officer (CFO). The appointment is effective from June 30, 2021, and is…

The board of Edinburgh-based rented housing developer Sigma Capital Group said on Friday it agreed to accept a cash takeover from funds managed by London-based…

Boutique fund manager Crux Asset Management Ltd has announced the appointment of Baillie Gifford Asia investment specialist Ewan Markson-Brown to lead a Crux expansion into…

Aberdeenshire-based craft brewing giant BrewDog has apologised after allegations were made in an open letter by a group of former employees called “Punks With Purpose”…

Shares of Celtic plc rose about 3% on Thursday after it announced the appointment of former Australian national team head coach Ange Postecoglou as the club’s…

The University of Dundee and its partner Central South University (CSU) have announced the launch of a new joint education institute in China called the…

Menzies Distribution announced the acquisition of JBT Distribution, a Bathgate-based logistics and supply chain services business with annual sales of more than £23 million. Private…

The Scottish Government said on Wednesday that crops in every field farmed in Scotland have been recorded by satellite imagery to create a new interactive…

The £370 million Baillie Gifford UK Growth Trust is to ask its shareholders at its August 5 AGM for the authority to invest up to 10%…

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…

Thurso-based battery cell developer AMTE Power, which went public in March, said on Wednesday that its chief financial officer Adam Westcott has decided to leave…

Shares of Edinburgh-based Craneware, a provider of software for the US healthcare market, fell about 10% on Tuesday after it said it sold shares in a…

Edinburgh-based Craneware, a provider of software for the US healthcare market, said late on Monday it agreed to acquire Florida-based Sentry “for an aggregate consideration…

The latest EY Scotland Attractiveness Survey has revealed that Scotland has bolstered its position as the UK’s most attractive foreign direct investment (FDI) location outside…

Montreal-based dairy products giant Saputo Inc. said it completed the acquisition of Scottish company Bute Island Foods, which employs around 180 staff and makes vegan…

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…

Investment firm Legal & General said on Friday it has received approval for a £50 million redevelopment of Edinburgh’s former Debenhams store on on Princes…

Debt rating agency Moody’s Investors Service has affirmed Edinburgh-based asset management giant Standard Life Aberdeen plc’s A3 long-term issuer rating, and Baa1(hyb) subordinate (domestic) rating….

The Scottish job market saw permanent placements in May increasing at the fastest pace on record, while the latest upturn in temporary billings was the…

Aberdeen-based drilling and engineering contractor KCA Deutag (KCAD) said it has secured a contract award and two contract extensions for platform drilling services in Russia, UK…

The lifting of lockdown restrictions and a positive outlook for manufacturers and oil and gas firms in 2021 “will spark a stronger than previously projected…

New research from the University of Strathclyde’s Fraser of Allander Institute reveals that Scotland’s renewable energy sector supports £5.2 billion of output, £2.3 billion of gross…

The Scottish Government said on Thursday that with less than a month to go to apply, more than a quarter of a million applications have…

The board of The Scottish Investment Trust PLC (SIT) has announced that it will “undertake a review of the future investment management arrangements of the…

Aberdeen-based accountants and business advisors Anderson Anderson & Brown (AAB) and Glasgow-based accountants Hardie Caldwell announced they have merged to accelerate AAB’s plans of becoming a…

NatWest-RBS said on Tuesday it expects only about 13% of its staff to return to primarily office-based working as it revealed a three-pronged approach to post-pandemic…

Edinburgh-based Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society (SMWS), has updated its “Schedule One” documents at the London Stock Exchange ahead…

The £8 billion Lothian Pension Fund (LPF), the second largest local government pension scheme in Scotland, has announced that David Vallery has been appointed its chief…

Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, rose about 12% on Tuesday after it published a trading update…

Edinburgh-based investment giant Aberdeen Standard Investments (ASI) and DEAS Group, the asset and property management group in Denmark, said on Monday they completed the €2.5 billion…

The £1 billion Baillie Gifford US Growth Trust plc announced the appointment of leading Scottish tech and media entrepreneur Chris van der Kuyl and Google…

Cumbernauld-based Irn-Bru maker A.G. Barr said in an AGM statement on Friday that “current trading is encouraging” as new product launches boost the company’s growth. Barr’s…

About 75% of North Sea oil and gas contractors anticipate moving into renewables work in the next three to five years, according to the 33rd…

New analysis from the British Business Bank reveals that smaller businesses in Scotland raised equity finance more than any other part of the UK outside…

Aberdeen-based bus and rail giant FirstGroup plc said on Thursday the resolution to approve the £3.3 billion sale of its North American businesses First Student and First Transit…

Entrepreneur and philanthropist Tom Hunter has announced a £7.5 million investment from The Hunter Foundation (THF) in partnership with the Scottish Government to deliver an…

Scotland’s onshore gross domestic product (GDP) grew 2.1% in March, according to latest statistics from the Chief Statistician. Output remains 5.4% below the pre-pandemic level…

Leicester-based asset management firm Mattioli Woods announced the proposed acquisition of Glasgow-based private equity and alternative asset manager Maven Capital Partners for up to £100 million and…

Perth-based energy and networks giant SSE plc said on Wednesday its £7.5 billion capital investment plan in low-carbon projects up to 2025 is on track, with “considerable…

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,…

Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc published its maiden set of annual results as a public company on Tuesday, showing revenue growth of…

River & Mercantile Group (R&M) has announced the appointment of Alex Hoctor-Duncan, Global Head of Aberdeen Standard Investments, to the River & Mercantile board as…

Forth Ports has unveiled ambitious proposals for the creation of Scotland’s largest renewable energy hub on a 175 acre site at the Port of Leith. “This…