Scottish Financial Review

The UK government should reform the Scottish Government’s capital borrowing powers to “offer higher limits”, according to the latest report from the UK government’s Scottish…

Glasgow-based mobile energy giant Aggreko plc — bought in 2021 by private equity firms TDR Capital LLP and I Squared Capital — announced the acquisition of Mobil…

The Scottish Government said around 63,000 more premises in the North East of Scotland will be able to access gigabit-capable broadband following the award of…

NatWest Group plc announced the successful completion of the full disposal of its shareholding, held through subsidiary RBS AA Holdings (UK) Limited, in Irish bank…

Clean technology company Innovatium Group Limited has secured a £3 million investment from the Scottish National Investment Bank and Hitachi Industrial Equipment Solutions (HIES). The…

Leading Scottish law firm Brodies LLP has reported its fifteenth consecutive year of growth, with revenue rising 11 % to £126.7 million for the financial…

Most Europeans (63-75%) across five continental countries included in the latest YouGov EuroTrack — Denmark, France, Germany, Italy and Spain — would support an independent…

The UK’s Financial Conduct Authority (FCA) said on Tuesday that it is introducing “stripped back rules” that will make it easier for companies to raise…

NatWest Group plc announced on Monday its intention to sell its full shareholding, held through subsidiary RBS AA Holdings (UK) Limited, in Irish bank Permanent TSB…

New analysis from Edinburgh-based investment giant Aberdeen shows that smaller companies globally have outperformed their large cap counterparts “across major asset classes” since “Liberation Day”…

Aberdeen Investments, Lloyds Banking Group and Archax have announced a landmark collaboration of their trading businesses to advance the use of blockchain technology using tokenised…

Edinburgh-based upmarket home builder Cala Group (Holdings) Ltd announced the appointment of Michael Rice as chief financial officer (CFO). Rice was most recently CFO of Irish homebuilder…

Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, announced the signing of $10 million of proximity cloud contracts in…

A new £17 million project led by the University of Edinburgh and Rolls-Royce is aiming to help drive the development of sustainable fuels and technologies…

The Scottish National Investment Bank has hired Nicola Pidgeon as Chief People Officer, in a job share partnership with Kay Smith, who is already in…

The North Sea Transition Authority (NSTA) has warned that operators must immediately start tackling their backlog of wells that are already due for decommissioning “to…

SSE plc, the Perth-based electricity infrastructure giant, said on Thursday it welcomes the decision by the UK government to retain a national pricing system for wholesale…

Shares of Macfarlane Group, the Glasgow-based protective packaging, design and distribution firm, fell as much as 15% after it published a trading update saying it expects…

Edinburgh-based Didasko Education, the financial education charity behind the Scottish capital’s prestigious Library of Mistakes, has tapped former Standard Life Aberdeen CEO Keith Skeoch to…

A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks and Funkin cocktail mixers, announced that AI expert Rohit Dhawan has been appointed as…

Efforts to put the UK’s public finances on a sustainable footing after recent global shocks have met with limited and temporary success in recent years,…

Greenock-based McGill’s Group, the UK’s largest independent transport operator, announced the acquisition of long-established West Lothian coach firm Prentice Westwood as part of its continued…

Edinburgh and Glasgow have both ranked inside the top 10 UK cities with the highest number of large corporate firms outside of London, according to…

Elgin-based house builder Springfield Properties plc said in a trading update it expects to report an increase in revenue to £280 million for FY 2025 as…

Business activity across the Scottish private sector rose further in June, according to the Royal Bank of Scotland Growth Tracker. The Tracker — a seasonally adjusted…

The Scottish Government said on Monday that views are being sought on how to improve legal rights intended to help community groups take ownership of…

About 75% of Scotch Whisky companies will defer UK investment, or invest elsewhere, due to the high tax burden in the UK, according to research…

Canada Life announced the appointment of Emma Watkins as UK Chief Executive Officer, effective September 1, 2025, subject to regulatory approval. Watkins joins Canada Life…

Troubled Aberdeen-based engineering and consulting giant John Wood Group said it has been selected by the Mongolian National Rare Earth Corporation (MNREC) to deliver a definitive…

Scotland’s Salmon farmers are preparing to tap into the lucrative Indian market — following agreement on a free trade deal that will slash tariffs on exports…

The outlook for the Scottish and UK economies has weakened, with growth now expected to remain sluggish through the rest of 2025, according to the…

The board of Murray Income Trust plc, the investment trust with net assets of £931 million that is currently managed by Aberdeen, announced it is commencing…

Baillie Gifford’s £2.7 billion Monks Investment Trust plc reported that it trailed the FTSE World Index in the year to April 30, 2025, after the fund…

Glasgow-based whisky, gin and rum company Edrington — owner of The Macallan, Highland Park and The Glenrothes — said its core revenue fell 10% to…

Banco Santander S.A. announced late on Tuesday that it reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S.A.,…

Hibernian FC announced the appointment of Dan Barnett as the club’s new chief executive 0fficer (CEO). “Barnett will officially start at Easter Road Stadium on…

William Grant & Sons (WG&S) said it successfully completed its acquisition of The Famous Grouse, Naked Malt and affiliated brands from Edrington subsidiary The 1887 Company….

Scottish Rugby announced that former Aggreko executive David White has been appointed as its new chief financial officer. White was most recently CEO of Carlisle-based agricultural…

The £10.3 billion Lothian Pension Fund (LPF), Scotland’s second-largest Local Government Pension Scheme, said it paid out £253 million in pensions to 36,453 members, with £68…

Professional services firm AAB announced on Tuesday that Goldman Sachs Alternatives has agreed a deal to acquire the firm from August Equity, subject to regulatory…

The Scottish Government announced that a £4.4 million funding package developed to support island businesses affected by ferry disruption is now ready to accept applications….

Heart of Midlothian Football Club said Ann Budge has advised the board that she will step down from her role as chair of the club in…

New analysis from Knight Frank said that Scotland’s commercial property market attracted £750 million of investment in the first half of 2025 “as investment markets…

Martin Gilbert’s asset management firm River Global has agreed to acquire Devon Equity Management Limited for up to £2.46 million in shares. Devon Equity Management…

Glasgow-based secure cloud services firm Iomart Group plc announced on Monday a £115 million refinancing of its banking facilities and a delay in the publishing of…

Transaction volumes in the Scottish real estate investment market in the second quarter of 2025 reached £296 million, an increase of 9% compared to Q2 of…

The West of Orkney Windfarm has been granted offshore consent by the Scottish Government – a major milestone for the multi-billion pound, 2 gigawatt offshore…

Troubled Aberdeen-based engineering and consulting giant John Wood Group said on Friday the UK’s Financial Conduct Authority (FCA) has commenced an investigation into the company…

Renewable energy firm Apatura has unveiled a plan to transform part of the former Ravenscraig steelworks into what could become one of the UK’s largest green…

Nottingham-based financial advice firm Wren Sterling, owned by New York-based Lightyear Capital LLC, said it has made a “statement acquisition” in Scotland with a deal to…

The Scottish Government said Scotland’s onshore GDP is estimated to have contracted by 0.2% in April. This follows contraction of 0.4% in March — revised…

The Scottish Government’s Education Secretary Jenny Gilruth has confirmed up to another £40 million of funding in principle for the Scottish Funding Council (SFC) to…

International visitors made a record 4.4 million trips to Scotland in 2024, clocking up 30.8 million nights and spending £3.9 billion. That’s according to the…

The Scottish Government said there was an 11% decrease in all sector housebuilding starts and a 4% decrease in completions between 2023-24 and 2024-25. In…

Smaller firms in Scotland saw increased levels of equity investment in 2024 as London became less dominant and the wider UK saw a collective decline,…

Edinburgh Airport has appointed Stephanie Wear as its new Chief Commercial Officer. Wear joins from London Gatwick Airport, also part of the Vinci Airports network,…

The Dunard Centre — Edinburgh’s first purpose-built concert hall for more than a century — said it has secured a $1 million grant from the…

Royal London Mutual Insurance Society said it is reaffirming its commitment to Edinburgh city centre, investing in a transformation of its former Thistle Street office…

The Scottish National Investment Bank has announced it will work with Scotland’s Towns Partnership (STP), the organisation which champions the nation’s town centres, on strategic…

A delegation from Scotland’s health technology sector will visit Japan next week to strengthen trade and innovation ties and promote Scottish expertise on the global…

UK government borrowing was £17.7 billion in May 2025 — £700 million more than in May 2024 and the second-highest May borrowing since monthly records began…