Scottish Financial Review

Shares of Glasgow-based Beeks Financial Cloud Group, a connectivity provider for financial markets trading, fell about 8% on Tuesday after it published a trading update for…

The UK’s Financial Reporting Council (FRC) is expected to appoint departing Standard Life Aberdeen CEO Keith Skeoch as its interim chairman in the next few…

Diageo, Scotland’s largest whisky producer, said on Tuesday its reported operating profit fell 47.1% to £2.1 billion in the year to June 30 fell as…

Leading Scottish law firm Brodies LLP said on Tuesday it reported a 7% increase in turnover to £82 million for the year to April 30,…

The Scottish Salmon Producers Organisation (SSPO) has appointed Edinburgh executive search firm FWB Park Brown to recruit its next chief executive. Current chief executive Julie…

Standard Life Investments Property Income Trust on Monday became the latest real estate investment trust (REIT) to slash its dividend amid pressure on rent collections. The…

Edinburgh-based investment giant Baillie Gifford said it has completed its first ever “value assessment” of its UK authorised funds. “Our conclusion is that value has…

Martin Gilbert, the outgoing vice-chair of Standard Life Aberdeen, said in an interview with London’s Financial News that the Edinburgh-based investment giant will seek acquisitions…

NatWest Group, the bank formerly known as RBS, said on Friday it suffered a net impairment loss of £2.8 billion in the first half of…

Edinburgh Airport said on Friday a restructuring process due to the impact of the Covid-19 pandemic on the aviation industry will see around a third of its…

TSB Bank plc said on Friday that its customer deposits rose £2.7 billion or 9% to £32.9 billion in the first half of 2020 “primarily…

Glasgow-based Smart Metering Systems (SMS) on Thursday published a trading update for the six months to June 30 and a full year outlook saying revenue and…

Aberdeen Standard Investments (ASI) said on Thursday that shares of its new US listed closed-end fund, Aberdeen Standard Global Infrastructure Income Fund (NYSE: ASGI), have…

The £67 billion Universities Superannuation Scheme (USS) – the UK’s largest private pension scheme by assets — said on Wednesday its funding deficit has more…

Aberdeen Standard Investments said on Wednesday its £580.9 million Murray Income Trust plc fund has agreed to merge with the £642.2 million Perpetual Income and…

Shares of Glasgow-based sausage skin and food collagen products firm Devro rose 12% on Wednesday after the firm published “robust” results for the six months ended…

Glasgow-based global mining, oil and engineering giant Weir Group talked up its “resilience” on Wednesday as it reported that revenue fell 18% to £1.095 billion in…

US fund management giant Franklin Templeton has appointed Julian Ide, CEO of Edinburgh-based asset manager Martin Currie, as its head of EMEA distribution ahead of…

The Scottish Government’s Transport Secretary Michael Matheson on Tuesday unveiled details of the plans to decarbonise Scotland’s rail passenger services by 2035. Matheson launched the…

Glasgow-based Virgin Money UK plc said on Tuesday that its customers’ deposits increased 4.8% to £67.7 billion in its third quarter “primarily due to lower…

SSE, the Perth-based renewable energy and electricity networks giant, said on Tuesday it appointed John Manzoni to succeed Richard Gillingwater as SSE chair. Manzoni held…

Edinburgh-based investment giant Baillie Gifford is to move its headquarters from Calton Hill at the east end of Princes Street to a new £350 million…

Cumbernauld-based Irn-Bru maker A.G. Barr said in a trading update on Tuesday it expects its full year revenue for the year ending January 2021 will…

Ireland’s National Treasury Management Agency (NTMA) said on Friday it is now guiding that total bond funding activity this year “will be at the upper…

Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) announced on Monday that “as a result of the significant decline in UK demand for new buses and…

Edinburgh-based international oil and gas company Cairn Energy said on Monday it agreed to sell its Senegal interests to Russia’s LUKOIL for up to $400…

A new report carried out for Scotland’s Rural College (SRUC) has “defined and detailed” for the first time the value of the “natural economy” to…

Edinburgh funds platform Nucleus Financial Group said on Friday its assets under administration recovered to end the first half of the year to June 30 at…

The UK government said late on Thursday that the Scottish Government will receive a minimum of £1.9 billion in additional funding this year on top…

Dundee investment trust company Alliance Trust plc, which now uses external fund managers Willis Towers Watson (WTW), said on Thursday the first six months of…

Standard & Poor’s Global Ratings said in a new report that the €750 billion EU Recovery Fund and “the establishment of a shared fiscal mechanism”…

South Korea’s Hyundai Asset Management and the UK’s Roebuck Asset Management have completed a transaction to buy the Aegon UK head office in Edinburgh from…

Edinburgh-based investment giant Baillie Gifford is to take over the management of the £215 million Witan Pacific Investment Trust plc and change the fund’s investment…

German agriculture and energy firm BayWa r.e. said on Wednesday it joined the existing consortium of Belgian renewable energy company Elicio and French floating wind…

The Royal Bank of Scotland Group plc today changed its name to NatWest Group plc. The change of name has been registered at Companies House…

Shares of Perth-based bus and rail giant Stagecoach Group plc got some respite on Wednesday, rising 10% after its results for the year ended May…

Shares of Edinburgh-based Frontier IP, an AIM-listed specialist in commercialising intellectual property, fell 9% on Tuesday after it sold 4.24 million new ordinary shares in…

Maven Capital Partners has led a £2.7 million investment through its managed Venture Capital Trusts (VCTs) and alongside the Scottish Investment Bank in Edinburgh-Tased Quorum…

Legal & General said its L&G UK Property Fund will invest over £50 million into a major regeneration project in Princes Street, Edinburgh. “The proposals…

European Union leaders finally agreed a stimulus package worth €750 billion early on Tuesday — with the money to come from bonds sold on behalf…

The Royal Bank of Scotland Group has told its staff that the vast majority of them can continue to work from home until 2021. The…

The London Stock Exchange said 521 bonds were issued on the LSE during the first half of 2020, with $358 billion in debt capital raised. In its Debt…

Scotland Gas Networks Plc said on Monday its turnover for the year ended March 31, 2020, edged 2% higher to £357 million while profit for…

The number of profit warnings issued by listed companies headquartered in Scotland in the first half of 2020 increased by 45% year-on-year, with 94% citing…

UK corporate reaction to the Covid-19 pandemic caused unprecedented cuts in company dividends in the second quarter of 2020, according to the latest dividend monitor…

Perth-based renewable energy and electricity networks giant SSE plc said the decision by Ofgem to approve the 600MW HVDC transmission link connecting Shetland to the…

The Edinburgh property market has seen “exceptionally strong” demand over the June 29 to July 14 period since restrictions were relaxed, according to the latest…

Scotland’s gross domestic product (GDP) increased by 1.5% in May — after falls of 18.9% in April and 5.5% in March — according to statistics…

The Institute for International Finance (IIF) said on Thursday that global debt surged to a record $258 trillion in the first quarter of 2020 as…

Perth-based renewable energy and electricity networks giant SSE plc said in a trading statement on Thursday it will maintain its plans to invest £7.5 billion…

The UK Government said on Thursday it would seek to borrow another £110 billion from the bond market between September and November. The move will…