Scottish Financial Review

Sky Sports has announced it will broadcast more Scottish Professional Football League (SPFL) matches than ever before under a new agreement with the league —…

A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, said on Tuesday that its revenue rose 16.7% to £157.9 million in…

Virgin Money and Skipton Building Society on Monday temporarily withdrew their mortgage ranges for new customers because of the volatility in sterling funding markets, according…

Attempts by the UK central bank and Treasury on Monday to steady the pound failed to reassure markets — as sterling fell to record lows and…

The rising cost of living has caused bills in the average Scottish household to rise by £167 per month during 2022, according to new research…

Consumer products giant Unilever announced that its Scottish CEO Alan Jope has informed the board of his intention to retire from the company at the…

Almost half of Scottish workers are spending at least one day a week working at home, new figures have revealed. In a UK government survey…

Student startup firms from the University of Edinburgh have secured over £30 million in combined investment over the last year, nearly three times the amount…

Former Scottish Enterprise CEO Lena Wilson will become the new chair of NatWest Group’s Performance and Remuneration Committee. In a stock exchange statement NatWest, formerly…

Jim Higgins, Tax Director at Deloitte in Scotland: “A number of the UK Chancellor’s changes announced today will not automatically apply to Scotland. “Earlier this…

The UK pound hit a new 37-year low against the US dollar and UK government bonds sold off sharply on Friday as markets prepared for…

The debt of the UK government was £2.427 trillion at the end of August 2022, an increase of £195.2 billion compared with August 2021. That’s…

Shares of Glasgow-based fashion firm Quiz plc rose about 5% on Thursday after former JD Sports Fashion Plc executive chairman Peter Cowgill purchased 410,000 ordinary shares…

Scottish Rugby has published its Financial Statements 2021-22 ahead of the second part of the organisation’s AGM on September 28, 2022. Scottish Rugby said its…

In a move to strengthen energy security, the UK government has confirmed its support for a new oil and gas licensing round, expected to be…

The UK’s central bank raised its key interest rate to 2.25% from 1.75% on Thursday and said it will continue to “respond forcefully, as necessary” to…

Abrdn’s £1 billion Murray Income Trust has increase its dividends per share 4.3% to 36p despite its net asset value (NAV) falling 4% in the year ended June…

The board of Edinburgh-based investment giant Abrdn plc announced that Cecilia Reyes will not seek a second term at the conclusion of her three-year term…

Shares of Aberdeen-based global engineering and consulting giant John Wood Group rose as much as 8% on Wednesday as it announced it completed the sale of…

Evelyn Partners, the wealth management and professional services group created from the merger of Tilney and Smith & Williamson, has agreed terms for new landmark…

Celtic plc announced that its revenue increased 45.2% to £88.2 million in the year to June 30, 2022, and profit before taxation was £6.1 million…

Shares of Edinburgh-based Craneware, a provider of software for the US healthcare market, rose 7% on Tuesday after it published results for the year ended…

Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, said its revenue increased 18.6% to a record high of £257.1. million…

Glasgow-based Virgin Money announced the appointment of Sarah Wilkinson as chief operating officer. Wilkinson will join Virgin Money from Thomson Reuters, where she is the…

Aberdeen-based bus and rail giant FirstGroup plc announced the sale by its subsidiary FirstGroup Services, Inc. of all but two of its remaining Greyhound US properties to…

The UK’s Financial Conduct Authority (FCA) has warned consumers against dealing with Bahamas-based FTX, the cryptocurrency exchange run by billionaire Sam Bankman-Fried. “We believe this firm…

Edinburgh investment giant Abrdn is considering a plan to return up to £500 million to shareholders to placate investors following its relegation from the FTSE…

The British pound fell on Friday to a fresh 37-year low on the US dollar — and a 17-month low on the euro — as…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced the appointment of former John Lewis executive Laura Whyte as a non-executive director with effect from…

The proposed all-share merger of Edinburgh-based Capricorn Energy and London-based Tullow Oil is facing increasing opposition from shareholders of Capricorn, formerly called Cairn Energy. Capricorn shareholder Schroders this week became…

New York-based Stellex Capital Management, a mid-market private equity firm, announced that former Abrdn global head of private equity Mark Redman has joined its senior…

Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), said its revenue increased 25% to £9.9 million in the six months…

Scotland’s unemployment rate fell to a record low of 3.1% between May and July, according to the latest report from the Office for National Statistics…

Edinburgh-based ready meals firm Parsley Box Group plc — which serves the over 65 demographic — said its pretax loss narrowed to £2.7 million in the six months…

Glasgow-based Smart Metering Systems plc (SMS) announced its revenue rose 21% to £62.7 million in the six months ended June 30, 2022, and profit before…

Edinburgh-based investment giant Abrdn announced it sold another chunk of its shareholding in HDFC Life Insurance Company in India. It said its Abrdn (Mauritius Holdings) 2006 Limited…

Shares of Beeks Financial Cloud Group plc, the Glasgow-based connectivity provider for financial markets, rose about 6% after it confirmed that the first customer for…

Purchases of investment trusts on adviser platforms for first half of 2022 hit £700 million, the highest ever for a six-month period, according to data…

New UK prime minister Liz Truss has announced an estimated £150 billion plan to protect the British public from soaring energy prices for two years. However,…

Data for August has revealed a renewed fall in permanent staff hires across Scotland, according to the latest Royal Bank of Scotland Report on Jobs…

FirstGroup announced that First Bus has agreed to sell its First Scotland East business and all its routes in the area to McGill’s Group. The…

Offshore Energies UK (OEUK) has called for a “rapid acceleration of investment” into North Sea oil, gas and offshore wind — and a prompt announcement…

The Scottish Government has announced a combined rent freeze and moratorium on evictions to help people through the cost of living as the centrepiece of its…

Phoenix Group, the UK’s largest long-term savings and retirement business, said it made two key appointments to its executive committee. The brands of Phoenix include…

Shares of Glasgow-based media firm STV Group plc rose about 5% on Tuesday after it said its first-half revenue rose 3% to £62.1 million, profit before…

Edinburgh-based Capricorn Energy said on Tuesday it is “exploring a number of expressions of interest relating to alternative transactions” to the all-share merger with London-based Tullow…

Thurso-based battery cell developer AMTE Power plc said on Tuesday that Alan Hollis has been appointed to its board and will become CEO “on or around”…

Incoming UK Prime Minister Liz Truss has agreed to plans to fix annual electricity and gas bills for a typical UK household at or below…

Abrdn UK Smaller Companies Growth Trust plc said that after 37 years with Standard Life and Abrdn, Harry Nimmo will retire from Abrdn at the…

Liz Truss will become the next prime minister of the UK after winning a leadership race for the UK’s Conservative party on Monday. Truss vowed…

Franklin Templeton’s Edinburgh-based active equity asset management specialist Martin Currie announced that Ben Russon and Richard Bullas will co-head Martin Currie’s UK Equity team effective October 1, 2022. Both will…