Scottish Financial Review

ScottishPower CEO Keith Anderson has urged UK ministers to urgently review the energy price cap and warned that high wholesale gas prices could trigger an “absolute…

Scotland’s total exports to international markets and the rest of the UK in 2019 — excluding oil and gas — are estimated to have been…

Aberdeen-based transport group FirstGroup plc said on Thursday it sold its Greyhound Lines bus business in North America for $172 million to Germany’s FlixMobility, completing…

Average house prices in Scotland increased 16.9% to £181,000 in the year to August 2021, faster than the UK annual rate of 10.6%, according to the…

Bilbao-based green energy giant Iberdrola has confirmed its intention to invest a further £6 billion in offshore wind through ScottishPower’s East Anglia Hub – the…

A new strategy to secure a £4 billion share of the global space market for the Scottish economy has been published by the Scottish Government….

The Scottish Investment Trust plc (SCIN) announced on Wednesday it plans to give up on its in-house management team and independence and combine with the JPMorgan…

The UK’s retirement system gained an improved ranking in the 13th annual Mercer CFA Institute Global Pension Index (MCGPI) — coming in at 9th place globally….

A new report from Barclays Eagle Labs and Beauhurst reveals that Edinburgh, Manchester and Leeds top the list of local authorities for the highest number…

Edinburgh-based Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society (SMWS), announced that it has signed a 10-year lease for a new supply chain…

National Express Group Plc now has until November 16 to make a firm offer for Perth-based transport firm Stagecoach Group, the companies said on Monday, after…

The shortlist for this year’s £50,000 Baillie Gifford Prize for Non-Fiction has been announced at the Times and Sunday Times Cheltenham Festival of Literature. The…

The Scottish Government said on Friday that military assistance has been requested for NHS Lanarkshire and NHS Borders “in response to the immediate pressures on…

UK Financial Conduct Authority (FCA) chair Charles Randell has announced his intention to step down a year early amid a staff backlash about an overhaul…

Hertfordshire-based renewable energy company RES has announced the sale of the 50MW Roaring Hill Energy Storage Project near Glenrothes in Fife to international clean energy investors…

The UK Government and Scottish Government on Thursday agreed in principle the scope of the independent report that will inform the review of the Scottish…

US consumer electronics retailer Best Buy said it has signed an agreement to acquire Edinburgh and Boston-based Current Health, a “remote care management platform” formerly…

The £265 million Baillie Gifford China Growth Trust plc has described Beijing’s crackdown on internet companies as “remarkably sensible.” The Baillie Gifford fund said the market…

Natwest-RBS said on Wednesday it is planning to increase lending linked to sustainable and climate-related finance to £100 billion by 2025. The pledge comes ahead…

Perth-based Stagecoach Group plc, Britain’s biggest bus operator, said on Tuesday it is still in talks to be taken over by National Express Group Plc and…

Barclays has officially opened its new campus on the south bank of the River Clyde in Tradeston, Glasgow, to house its technology, operations and functions…

Edinburgh-based rocket company Skyrora said it has agreed a multi-launch deal with the SaxaVord spaceport on Unst, the most northerly of the Shetland Islands, as it…

Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc rose about 7% on Tuesday after it published a strong update on trading for the…

Aberdeen-based housebuilder Stewart Milne Group said it is putting its timber systems business up for sale “to focus on investing in the growth of Stewart…

A newly formed group of big companies with major a footprint in Scotland have joined forces to launch a new climate action initiative ahead of…

Scottish private sector companies registered a further sharp uplift in business activity during September, according to the latest Royal Bank of Scotland PMI report from…

Real estate advisor Avison Young has released its latest quarterly Glasgow office market update, covering the third quarter of 2021, showing up a 66% rise…

The UK’s Investment Association (IA) has reported that retail investors put £5.3 billion into funds in August – a record amount for that month. Salford…

Airlines have been invited to bid for a contract to resume “lifeline” flights from Wick John O’Groats Airport, which is operated by Highlands and Islands…

Hiring activity across Scotland continued to surge in September, according to the latest Royal Bank of Scotland Report on Jobs from IHS Markit, completing a…

OGUK, which represents the UK’s offshore oil and gas industry, has warned that UK gas production will fall 75% by 2030 without new investment. OGUK warned…

Funds focused on UK equities suffered heavy selling from investors spooked by the multiple crises afflicting the UK in September, according to the latest Fund…

Greenpeace announced it has lost its court case challenging the UK government’s decision to grant a permit to BP to drill the Vorlich Field in…

Glasgow-based global engineering and mining giant Weir Group — one of Scotland’s biggest listed companies —  said on Thursday it was subjected to an attempted ransomware attack…

NatWest said on Thursday it has pleaded guilty to three offences of money laundering between 2012 and 2016 “in relation to the accounts of a…

Adam Smith Institute head of research Matthew Lesh has dismissed UK Prime Minister Boris Johnson’s speech at the Conservative Party Conference as “bombastic but vacuous…

Scottish-born Princeton University professor David MacMillan has been awarded the 2021 Nobel Prize in chemistry “for the development of asymmetric organocatalysis.” He shares the award with…

Edinburgh-based asset management giant abrdn announced it has agreed as a member of a bondholder committee to a restructuring of $530 million of “superbonds” due…

Glasgow-based media firm STV Group plc has announced that it reached agreement with the trustees of its defined benefit pension schemes — the Scottish & Grampian…

The Borderlands Partnership said it has published a Borders Railway Prospectus which “will inform ongoing discussions with the UK and Scottish governments for the extension…

Scottish Borders Housing Association (SBHA) has secured a £58 million loan facility from Royal Bank of Scotland to support investment in current homes and the…

Fundraising by existing investment trust companies in 2021 has already exceeded the previous 2019 record for secondary fundraising — with £8.71 billion raised so far…

The Scottish Government has announced what it called a “record winter funding package” to help increase NHS and social care capacity in Scotland this winter….

Thurso-based battery cell developer AMTE Power, which went public in March, has announced a joint venture in Australia and published results for the year to…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, has announced a programme of investment in the iconic Standard…

ESG investment frameworks “are profoundly damaging to the prospect of changing the corporate sector” according to James Anderson, the outgoing joint manager of Baillie Gifford’s high-flying…

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, has reported a 24% increase in gold concentrate produced at its Cononish Gold and Silver Project…

The UK’s energy market regulator Ofgem said on Monday it has launched two investigations into whether SSE Generation Limited, part of Perth-based SSE, and transmission…

Martin Gilbert’s investment firm AssetCo plc announced it has completed the acquisition of a 30% equity interest in Parmenion Capital Partners LLP, a discretionary investment…

Aberdeen-based transport group FirstGroup plc announced that its subsidiary First South West Limited has acquired the remaining 50% shareholding in its Somerset Passenger Solutions Ltd…

NatWest Group has announced that Coutts, its wealth manager and private bank, is launching in Scotland. Coutts in Scotland will be led by Alisdair Dewar…