Scottish Financial Review

Marlowe plc said on Tuesday it acquired Glasgow-based Law At Work (Holdings) Limited for an initial consideration of £6.3 million. Law At Work is a…

Shares of West of Shetland oil and gas explorer Hurricane Energy have fallen about 25% in the past two days after its final drilling report for…

Scottish Widows is to provide investment of £40 million to Port of Leith Housing Association to boost plans to create more than 650 social and mid-market…

Entertainment, leisure and sports venue consultancy Lothian Leisure Development Ltd (LLD) on Monday announced a partnership with Birmingham-based NEC Group to deliver a new privately-funded…

Lena Wilson, one of Scotland’s most experienced business leaders, has been appointed as the new chair at Edinburgh-based accountancy firm Chiene + Tait. Wilson spent…

French state-owned energy company EDF said on Thursday it has launched the construction of the £2 billion Neart na Gaoithe wind farm off the coast…

Shares of Edinburgh-based aviation services company John Menzies plc rose about 6% on Thursday after it announced a trading update for the July 1, 2019, to…

UPDATE 2 — Shares of Virgin Money UK, formerly called CYBG, soared about 20% on Thursday after the bank said it believed the worst of…

The latest Scottish Property Federation (SPF) analysis of commercial property sales figures shows a rebound in the total value of sales in Scotland in the…

The chairman of Aberdeen Standard Equity Income Trust plc described its annual performance for the year to September 30 as a “very poor result” and…

Royal Bank of Scotland group’s NatWest has launched its standalone digital bank Bó in a plan to meet competition from online start-ups. The Bó app…

Glasgow-based cloud computing firm Iomart Group plc said on Wednesday its first-half revenue rose 8% to £55.1 million and profit before tax rose 15% to £8.4…

Edinburgh-based oil and gas company Cairn Energy said on Wednesday it agreed to dispose of Capricorn Norge AS, its subsidiary in Norway. “With effect from…

A new report has forecast that expenditure for North Sea decommissioning work will be £15.2 billion over the next 10 years. The 2019 Decommissioning Insight report was…

Aberdeen Standard Investments (ASI) private placement debt team has lent £65 million to the City of London Corporation. The investment was undertaken on behalf of…

Aberdeen-based mechanical and electrical services company EnerMech announced on Monday the appointment of industry heavyweight Christian Brown as its new chief executive officer, effective January…

UPDATE 2 — TSB bank’s new CEO Debbie Crosbie on Monday outlined her three-year strategy “to restore the bank’s competitiveness through a relentless focus on…

TSB bank has been hit by yet another IT glitch just days after the firm and its Spanish parent Sabadell were mauled by law firm…

London-based Brooks Macdonald Group plc said it agreed to acquire Edinburgh-based asset manager Cornelian Asset Managers Group Limited from its shareholders, including senior management. “The…

New research by Family Business United (FBU) shows that the top 100 family businesses in Scotland collectively generate turnover of £20 billion, create £1.3 billion…

Trade conflicts, weak business investment and political uncertainty are weighing on the world economy and raising the risk of long-term stagnation, according to the OECD’s latest…

The North Sea oil and gas industry has huge potential to play a significant role in the energy transition and set a precedent for facilitating…

The Edinburgh and Lothians area of Scotland saw the highest increase in private rents for two-bedroom properties in the nine years from 2010 to 2019,…

The value of Scotland’s residential property market is on course to top £18 billion for the second consecutive year – despite anxiety over Brexit. New…

The massive IT crash at TSB bank last year was caused by moving to a new banking platform before it had been properly tested, an…

Edinburgh-based financial sector recruitment and headhunting company Core-Asset Consulting said on Monday it has recorded its best ever set of annual results. Core-Asset said it…

Aberdeen-based global bus and rail giant FirstGroup plc has come under new pressure from two of its shareholders to sell more of its US assets…

Global wealth grew 2.6% in the past year to $360 trillion and wealth per adult reached a record high of $70,850, according to the tenth…

Global debt surged by $7.5 trillion in the first half of 2019, hitting a new record of over $250 trillion, said a new report from…

Scottish investment veteran Willie Watt has been appointed the first chair of the board of the new Scottish National Investment Bank, which will be operational…

Edinburgh-based fund management giant Standard Life Aberdeen (SLA) said on Thursday meetings it has held with major shareholders over its directors’ remuneration are proving “valuable…

UPDATE 3 — Shares of Aberdeen-based transport giant FirstGroup fell about 20% on Thursday after it reported an increased first-half loss amid a £124 million…

Perth-based energy giant SSE plc on Wednesday warned of challenges for energy firms due to the UK election next month and the Labour Party’s plans to…

Digital bank account provider Revolut has confirmed long-standing speculation by announcing it has appointed former Standard Life Aberdeen co-chief executive Martin Gilbert as its chairman….

Shares of Edinburgh-based healthcare software firm rose almost 4% on Tuesday as it reported “good progress” at its AGM and it said Will Whitehorn, Richard Branson’s…

Glasgow-based Aggreko, the world’s largest temporary power firm, said on Tuesday its revenue was down 8% for the nine months ended September 30, 2019 — but…

Private sector business activity in Scotland declined for the first time in five months in October as service sector growth eased and the manufacturing downturn…

Israel’s Delek Group said its Ithaca Energy subsidiary, which it plans to spin off in a London stock market listing, completed a deal to buy…

Edinburgh-based video security company IndigoVision said on Monday it acquired Lisbon-based Agorasys SA (Agora) for up to €3 million. €2.3 million is payable in cash…

The number of people opting to travel between Glasgow and London by train instead of flying has reached record levels, according to Virgin Trains. In…

Moody’s Investors Service has placed the UK’s sovereign credit rating on negative outlook, saying the UK’s ability to set policy has weakened in the Brexit era…

Baillie Gifford’s flagship £8.4 billion fund, the Scottish Mortgage Investment Trust plc, on Friday defended its fondness for investing in unquoted companies as it revealed…

UPDATE 3 — Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, said on Friday its CEO Clive…

The Scottish National Party (SNP) has confirmed it would seek “a progressive alliance” with the Labour Party if the UK general election next month results…

The UK’s central bank on Thursday kept interest rates on hold — but two members of the Bank of England’s monetary policy committee (MPC) unexpectedly…

World Rugby has fined the Scottish Rugby Union (SRU) £70,000 and ordered the SRU to apologise for comments it made during the Rugby World Cup…

Shares of Aberdeen-based engineering and oil services giant Wood plc rose about 9% on Thursday after it gave investors a positive trading update at its…

The Businesses in Scotland 2019 report shows that as of March 2019 there were an estimated 356,550 private sector businesses, including micro businesses, operating in…

Royal Bank of Scotland Group is preparing to sell its first social senior bond from its holding company, according to reports, aiming to use the…

Glasgow-based mutual Scottish Friendly announced on Wednesday a substantial acquisition of life and pensions policies from financial services provider Canada Life. The deal sees Scottish…

The UK Government has held exploratory discussions with the investment industry over changing listing rules to encourage high growth companies and start-ups to list in…