Scottish Financial Review

The latest Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes and other post-retirement benefit plans for the…

Direct flights from Edinburgh to Newark, Chicago and Washington D.C. will resume next year as United Airlines returns to Scotland. The airline will resume its…

World Athletics has announced that Glasgow has been chosen to host the 2024 World Athletics Indoor Championships following a successful bid process. The Emirates Arena…

The latest poll from the Ipsos MORI Scottish Political Monitor, run in partnership with STV News, shows support for independence five percentage points higher than…

Glasgow-based media firm STV Group plc said on Wednesday it is on track for record year in advertising, with total advertising revenue for the full year 2021…

Edinburgh-based asset management giant Abrdn has announced the launch of its Emerging Markets Sustainable Development Corporate Bond Fund, which “aims to address environmental and social…

Springfield Properties, Scotland’s only listed house builder, has announced the conditional £56.4 million acquisition of Thistle SPV2 Limited, the owner of Tulloch Homes, the Inverness-based…

Scottish and Southern Electricity Networks (SSEN) Distribution, a subsidiary of Perth-based renewable power and networks giant SSE plc, has unveiled proposals to invest around £4 billion…

The board of the £580 million Aberdeen Standard Asia Focus plc fund announced that it has conducted a “comprehensive review” of the company’s long-term strategy…

Shares of John Menzies plc, the Edinburgh-based global aviation logistics specialist, rose about 6% on Tuesday after it published an update on current trading that showed…

TSB announced it will close another 70 branches in 2022 as it “responds to declining branch use and increasing numbers of customers switching to digital…

Edinburgh-based investment giant Aegon UK said on Tuesday that Jim Ewing has been appointed chief financial officer (CFO), subject to regulatory approval. Ewing joined Aegon in…

Scottish Friendly Assurance Society Ltd announced that Stephen McGee will join the business as chief executive officer (CEO), subject to regulatory approval, in April 2022….

National Grid Electricity Transmission plc (NGET) and Scottish Power Transmission plc (SPT) have agreed to pay a record redress package of £158 million for delays…

Scotland’s First Minister Nicola Sturgeon said on Monday she will “initiate the process necessary” to hold an independence referendum by the end of 2023. Addressing…

Hammerson plc confirmed on Monday it is in discussions for a possible £140 million sale of Silverburn, its flagship shopping centre on the south side…

The Scottish Government said six cases of the Covid-19 Omicron variant have been identified in Scotland. Four cases are in the Lanarkshire area and two…

Shares of A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, rose about 13% on Monday after it published a…

Savills has reported that a “remarkable period of housing market activity” led to the highest number of Scottish transactions in 13 years between September, 2020…

The £373 million Baillie Gifford UK Growth Trust reported on Friday its net asset value (NAV) per share increased 2.8% in the six months to October 31, 2021,…

The Scotch Whisky Association (SWA) has announced that Mark Kent, former British Ambassador to Argentina, will succeed Karen Betts as chief executive when Betts leaves…

The Scotch Whisky Association (SWA) has welcomed the 50% excise duty cut on imported Scotch Whisky in the state of Maharashtra ahead of formal UK-India…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said on Thursday its sales revenue has grown 25% in the year to date and profit…

John Menzies plc, the Edinburgh-based global aviation logistics specialist, announced that Menzies Aviation has secured an extension to its long-standing ground services partnership with easyJet…

Shares of Alva-based Omega Diagnostics Group plc fell about 25% on Thursday after it said it is “very disappointed with the lack of progress and commitment…

The £600 million Baillie Gifford European Growth Trust said on Wednesday it will be seeking shareholder approval to increase its permitted investments in unlisted companies from…

SSE Renewables and Equinor, the joint venture partners co-developing the 3.6GW Dogger Bank Wind Farm in the North Sea, announced that 15-year offtake Power Purchase…

Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc on Tuesday published first-half results “materially ahead of the board’s expectations.” The Linlithgow firm declared its first…

Blocking long-planned oil and gas projects in the North Sea would risk leaving UK consumers even more exposed to the global energy shortages that sent…

Martin Gilbert’s investment firm AssetCo plc is one of two companies that have made preliminary bid approaches for fund manager River and Mercantile Group (RMG),…

The £1.2 billion Edinburgh Investment Trust said on Monday its net asset value (NAV) has risen 48%, compared with 36.8% for the FTSE All-Share, since…

Investment managers that hold stakes in FTSE 350 companies “will expect companies to continue to show restraint and restrict executive bonuses where government support has…

John Paul Marks has been appointed to the role of top civil servant at the Scottish Government, succeeding the controversial Leslie Evans. Marks has been appointed…

The number of private sector businesses operating in Scotland fell almost 20,000 in the year to March 2021 to 344,505, according to the Scottish Government’s latest…

Pensions consultancy Hymans Robertson has warned that a lack of understanding about “company beliefs” and how they impact decision making around pensions schemes could endanger the…

Scottish Rugby said it has appointed Julian Momen, former CEO of Carlsberg UK, as its chief commercial officer, effective January 2022. Momen spent seven years…

Zetland Capital Partners LLP, a London based private equity firm, has announced its funds have agreed to acquire the 338-bedroom Macdonald Manchester Hotel and the…

SSE, the Perth-based renewable power and networks giant, announced on Wednesday a “Net Zero Acceleration Programme” including an “enhanced, fully funded £12.5bn strategic capital investment…

Patrick Keefe has been named the winner of the £50,000 Baillie Gifford Prize for Non-Fiction 2021 for Empire of Pain: The Secret History of the…

The Abrdn China Investment Company Limited said it has invested over £100 million in Chinese stocks since it completed a scheme of reconstruction on November 9….

National Express has been granted another extension to the deadline by which it must make a firm offer for Perth-based transport firm Stagecoach Group —…

A £13 million investment from the Scottish National Investment Bank awarded to the Iona wind partnership will help accelerate the delivery of the Iona onshore…

Bradford-based supermarket giant Morrisons has announced it will become the first supermarket to own its own recycling operations through the acquisition of a significant stake…

Edinburgh-based Martin Currie, the active equity specialist fund manager, has announced the addition of Aimee Truesdale as a portfolio manager on the firm’s global emerging…

Edinburgh-based asset management advisory firm Devlin Mambo have announced the appointment of Andrew Milligan to the position of board advisor. Milligan is the former Head of…

Edinburgh-based international oil and gas company Cairn Energy announced on Monday that it will commence an initial share repurchase programme of its ordinary shares of up…

The latest Janus Henderson Global Dividend Index shows that Q3 dividends around the world rose by a record 22% on an underlying basis to reach…

Venture capital (VC) investors ploughed record amounts of money into Scottish scaleup firms over the summer with more than £197 million raised, according to Venture…

Therme Group, a Vienna-based developer and operator of thermal “wellbeing” resorts, has signed heads of terms with Peel L&P to locate its second UK project…

Aberdeen-based global engineering group Wood plc said on Friday it has started a strategic review of “the part of its consulting business facing the built environment end…

Moody’s Investors Service said it has completed a periodic review of the ratings of Aberdeen City Council, which completed a successful £370 million bond sale via…