Scottish Financial Review

Glasgow-based temporary power generation giant Aggreko plc said on Tuesday it will “enter detailed discussions” with the Tokyo Organising Committee of the Olympic and Paralympic…

Ineos said on Tuesday it has responded to requests from customers and delayed the planned summer shutdown of its Forties Pipeline System (FPS). “The decision…

The Scottish Government said on Tuesday afternoon that the £1 billion “business support fund” has openened and that businesses can now apply for grants to…

A survey by Edinburgh-based investment giant Aberdeen Standard Investments has found that ESG (environmental, social and governance) engagement by private equity firms is on the…

Glasgow-based Aggreko, the world’s largest temporary power firm, on Monday withdrew its dividend and its 2020 performance guidance to investors amid the coronavirus crisis. However,…

Cumbernauld-based Irn-Bru maker A.G. Barr said on Monday it has drawn down its full £60 million revolving credit facilities amid the COVID-19 crisis. Barr said…

Aberdeen-based bus and rail giant FirstGroup plc said on Monday it is “no longer able to provide guidance on the outturn for the remainder of the financial…

Perth-based transport giant Stagecoach Group on Monday released a trading update outlining “the actions it has taken to help guide the business through this period…

The Scotch Whisky Association (SWA) said on Monday it is seeking urgent assurances from UK Government Ministers on aspects of the UK Government’s business support…

The UK’s Financial Conduct Authority said this weekend it is asking listed companies to delay publication of their preliminary results for “at least two weeks”…

UK Prime Minister Boris Johnson has instructed pubs and restaurants across the UK to close amid the coronavirus outbreak — as the UK Government announced…

Standard Life Aberdeen CEO Keith Skeoch said on Friday he expects a “deep” recession amid the coronavirus crisis and then a “strong” recovery. Edinburgh-based Standard…

Glasgow-based Smart Metering Systems (SMS) said on Thursday its CEO Alan Foy bought 408,615 shares at 606.63p and 615.28p for about £2.5 million. Foy now…

The UK central bank on Thursday cut interest rates to 0.1%, its second emergency rate cut in just over a week, and pledged to buy…

Leader’s of the UK’s offshore oil and gas industry have warned that the economic impact of the coronavirus and dramatic falls in oil and gas…

The European Central Bank launched a €750 billion emergency bond purchase programme late on Wednesday in a huge effort to push down borrowing costs as…

Royal London said its assets under management rose 22% to a new high of £139 billion as net inflows rose 29% to £9.89 billion in…

Aberdeen Standard Investments said on Wednesday that dealing has been suspended in the £1.7 billion Standard Life Investments UK Real Estate Fund and the £1.1…

Glasgow-based Smart Metering Systems (SMS) said on Tuesday its 2019 revenue increased 16% to £114.3 million and profit before tax edged about 2% higher to £5.46…

Glasgow-based global engineering giant Weir Group said on Tuesday it expects its chairman Charles Berry to return to work in the next few weeks despite him…

James Watt, the co-founder of Aberdeenshire-based craft brewing firm BrewDog, warned on Tuesday that the UK Government’s response to the coronavirus “is going to create…

Edinburgh-based video security company IndigoVision said on Tuesday it agreed to be acquired by Motorola Solutions, Inc. for £30.4 million in cash. Motorola Solutions will pay 405p per…

US stocks suffered their biggest one-day drop since 1987 on Monday as the Federal Reserve’s surprise move to cut interest rates to near zero increased…

The UK Treasury announced on Monday afternoon that the UK’s devolved governments will receive at least £1.5 billion “to make sure they have the resources…

Shares of Edinburgh-based aviation services company John Menzies plc plunged another 35% on Monday amid the impact of the coronavirus on the aviation industry. Menzies shares fell…

Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, said on Friday its portfolio company The Vaccine Group (TVG) is making “material progress ……

The Scottish Government’s finance secretary Kate Forbes on Saturday announced new measures to help limit the impact of COVID-19 on the business community in Scotland. She…

Edinburgh Airport warned on Friday it is facing the potential of three months of “zero or close to zero passenger demand” due to the coronavirus…

Shares of Glasgow-based Smart Metering Systems (SMS) rose almost 20% on Thursday after it announced the conditional sale of “a minority of the group’s meter…

UK finance minister Rishi Sunak on Wednesday unveiled his budget — a £30 billion stimulus package — and promised to do whatever it takes to…

Cumbernauld-based Irn-Bru maker A.G. Barr came out fighting on Wednesday after news from PepsiCo Inc that it agreed to buy Rockstar Energy Beverages for $3.85 billion….

Aberdeen-based global bus and rail giant FirstGroup plc said on Wednesday it has started a formal process to sell its North American contract businesses First Student…

Shares of Glasgow-based media firm STV Group plc rose about 7% on Tuesday after it said its 2019 adjusted profit before tax rose 11% to £21…

Edinburgh-based international oil and gas company Cairn Energy said on Tuesday its 2019 revenue rose to $533.4 million from $410.3 million in 2018 and its…

Aberdeen-based Wood plc, the global engineering and consulting company, said on Tuesday its 2019 revenue slipped 1.2% to $9.89 billion but pretax profit soared to $148.7…

Edinburgh-based aviation services company John Menzies plc said on Tuesday it has temporarily suspended its dividend due to the impact of the coronavirus on its operations “and…

Edinburgh-based asset management giant Standard Life Aberdeen said on Tuesday its assets under management and administration were £544.6 billion at December 31, 2019, down slightly…

Scottish Widows said on Monday it has launched a new “responsible investment and stewardship framework” as it outlined plans to enhance its sustainability practices “and…

The Scottish private sector economy approached stagnation in February, growing only fractionally, according to the latest Royal Bank of Scotland Purchasing Managers’ Index (PMI). However,…

Aberdeen Standard Capital (ASC) said on Monday it appointed Barry Hardisty as Head of International based in Jersey. Aberdeen Standard Capital is the discretionary investment…

Aberdeen-based Wood plc, the global engineering and consulting company, said on Monday it completed the sale of its nuclear business to Jacobs for £250 million…

Aberdeen-based global bus and rail giant FirstGroup plc has come under renewed attack from activist hedge fund Coast Capital which wants the group to demerge…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, announced on Monday that Jim McConville, group finance director…

Global stock markets tumbled on Monday as investors fled to bonds amid the economic shock of the coronavirus, while oil prices plunged about 25% after…

The ongoing shortage of suitable job candidates in Scotland contributed to permanent staff appointments declining for the first time in four months in February, according…

Fund management giant Schroders said it generated record net inflows of £43.4 billion in 2019, with positive net inflows across all asset classes as the first…

Dundee investment company Alliance Trust plc, which now uses external fund managers Willis Towers Watson (WTW), said on Friday its total shareholder return for 2019…

Shares of Edinburgh-based video security company IndigoVision rose about 16% on Thursday after it said its revenue rose 9.2% to $50.2 million in 2019 and…

The Investment Association (IA) — the powerful trade group for the Scottish and UK fund management industry — on Thursday outlined its expectations of companies on…

Regional airline Flybe — which connects all corners of the United Kingdom — said on Thursday it has entered administration after the UK Government walked away…

Shares of Glasgow-based sausage skin and collagen products firm Devro rose 7% on Wednesday after the firm announced results for the year ended December 31, 2019…