Scottish Financial Review

Glasgow-based global intellectual property law firm Murgitroyd Group confirmed on Tuesday it is in “advanced discussions” over an “indicative proposal” from Sovereign Capital Partners LLP to acquire Murgitroyd…

UPDATE 2 — Edinburgh-based aviation logistics company John Menzies announced on Monday the appointment of a new chief financial officer (CFO) and the creation of…

Wheatley Group — Scotland’s biggest social landlord — said on Monday it received the first tranche of new funding from the European Investment Bank (EIB) at…

The UK’s listed companies have been hit hard by an “accelerated decline” in both the quantity and quality of sell-side analyst research following the introduction…

Embattled Glasgow-based fashion firm Quiz said on Friday its group revenue fell 5% to £63.3 million in the six months to September 30, 2019. In a trading…

Stock markets operator Euronext said on Thursday it was open to transformational deals in a bid to boost its dominance in the European capital markets…

The Scottish Government said on Thursday that BT plc has been confirmed as the only bidder for two of the three areas under its new…

The 2014 independence referendum has had a lasting effect on investment in Scotland’s commercial property market, according to new analysis from Knight Frank. Five years…

Aberdeen & Grampian Chamber of Commerce’s latest infrastructure investment update, produced with EY, has revealed that £10.1 billion of public and private investment is due…

New International Monetary Fund managing director Kristalina Georgieva issued a warning about the state of the global growth on Tuesday. She warned trade conflicts had…

Global new bond issuance through August 2019 totalled $4.6 trillion, up 11.8% on the same stage of 2018, according the the latest data from S&P…

Hong Kong Exchanges and Clearing (HKEX) has abandoned its unsolicited $39 billion approach for London Stock Exchange Group (LSEG) after failing to convince LSE shareholders…

Edinburgh-based Tesco Bank said on Monday it appointed John Kingman to its board as a non-executive director with effect from November 1, 2019. The appointment…

Falkirk-based bus manufacturer Alexander Dennis Limited (ADL) — a subsidiary of Toronto-listed NFI Group — said on Friday that Hong Kong’s largest bus operator The Kowloon Motor Bus Company…

Argyll and Bute Council has welcomed the announcement of a £50 million Rural Growth Deal as a “transformational vote of confidence” in the area. The…

Edinburgh-based fintech lending platform LendingCrowd and the Institute of Chartered Accountants of Scotland (ICAS) have signed a strategic partnership that will see LendingCrowd become ICAS’s…

The Scottish M&A market remained resilient in the third quarter of 2019, helped by a number of stand-out transactions, according to the latest deals update…

The Scottish Government said on Thursday it has set out a “finalised policy of no support” for unconventional oil and gas (UOG) development — commonly…

Perth-based transport giant Stagecoach Group plc confirmed on Thursday it will take the UK’s Department for Transport (DfT) to court early next year over the Government’s…

The Scotch Whisky Association (SWA) said on Thursday the Trump administration’s decision to put 25% tariffs on single malts will “undoubtedly damage” the Scotch Whisky…

The Trump administration has put 25% tariffs on single-malt Scotch whisky, French wine and Italian cheese in retaliation for European Union subsidies on large aircraft,…

UPDATE 4 — Edinburgh-based investment giant Standard Life Aberdeen (SLA) said on Wednesday vice chairman Martin Gilbert will not seek re-election at the company’s annual…

New research confirms that Scotland’s tech industry is one of the fastest growing in the country, contributing £4.9 billion to the Scottish economy and supporting…

SSE Renewables, which is leading the development of Dogger Bank Wind Farms, the largest offshore wind farm in the world, said on Tuesday the project…

Glasgow-based Cefetra Ltd, the largest agricultural trading company in Scotland, said on Tuesday its turnover/sales rose 15% to £991.9 million in the year to December 31,…

Glasgow-based cloud computing firm Iomart Group plc said on Tuesday recent investment in its commercial operations is now starting to deliver “more new customer wins and…

Edinburgh-based aviation logistics company John Menzies said on Tuesday its Menzies Aviation unit secured a number of contract wins and renewals across its UK operations….

Marine Scotland Science has published the Scottish Fish Farm Production Survey 2018, giving details on production and employment at Scottish fish farms. The survey shows…

The Hines Global Income Trust has acquired a 607-bed student housing asset in the west end of Glasgow from Bricks Capital for £72 million. The…

Hammerson plc said on Monday it exchanged contracts for the sale of Abbotsinch Retail Park, Paisley, to Ashby Capital for £67 million. It said the…

Troubled East Kilbride-based Goals Soccer Centres plc said on Monday the £12 million hole in its accounts could be “materially higher.” The announcement came as…

Celtic plc said late on Friday its revenue fell 17.9% to £83.4 million in the year to June 30 and profit before tax fell to £11.3…

The Auditor General for Scotland on Thursday criticized the financial reporting of the Scottish Government, saying it “has taken a step backwards at a time…

A bill to support the set-up of the Scottish National Investment Bank and help put green investment at its heart has passed stage one, following…

Scotmid Co-operative said on Thursday it delivered a £2.5 million trading profit for the 26 weeks ended July 27, 2019, up 8% from £2.3 million…

The Scottish Government said the value of fish landed by Scottish vessels in 2018 increased by 1% to £574 million, despite a 4% drop in…

The Scottish Government said a £14.7 million investment in a Glasgow-based satellite business will help create more than 260 jobs in Scotland’s space sector. On…

Faroese fish farming company Bakkafrost has agreed to buy a 68.6% stake in The Scottish Salmon Company (SSC) from Northern Link Ltd and will bid…

Springfield Properties, which is building a number of new towns and villages throughout Scotland, said on Wednesday it entered into a collaboration agreement with Sigma Capital…

Shares of Cumbernauld-based Irn-Bru maker A.G. Barr got some respite on Tuesday after the firm stuck to its annual profit forecast despite what it called…

The United Kingdom’s Supreme Court ruled unanimously on Tuesday that UK Prime Minister Boris Johnson’s decision to shut down parliament in the run-up to Brexit…

Mike Ashley’s Sports Direct International said on Monday it made a 5p-a-share takeover approach for troubled East Kilbride-based Goals Soccer Centres plc. Sports Direct said…

NEW YORK — Project Heather, the firm creating a new Scottish Stock Exchange based in Edinburgh’s George Street, on Sunday announced the opening of its…

The UK’s Competition and Markets Authority said on Friday it is investigating the award of the West Coast Partnership rail franchise to Aberdeen-based FirstGroup and Italy’s…

Serco Group said it has been selected as preferred bidder to continue managing and operating the Northern Isles ferry services for passengers and freight between…

San Francisco-based Unity Technologies on Friday announced the acquisition of Edinburgh-based gaming analytics firm DeltaDNA. DeltaDNA is used by many of the world’s leading games…

Royal Bank of Scotland Group plc (RBS) on Friday confirmed the appointment of Alison Rose as chief executive officer (CEO). Rose becomes the first woman…

One quarter (25%) of assets managed by UK-headquartered investment management firms are controlled by companies with headquarters in Scotland, according to the annual report of…

Scotland’s 19 universities face rising costs and funding cuts, and three of the country’s four “ancient” universities — Glasgow, Edinburgh and St Andrews — are…

DeepMatter Group plc, the Glasgow AIM-listed company focusing on digitizing chemistry, said on Thursday its is excited by the scale of its pipeline of opportunities…

Glasgow City Council has secured another massive property-backed loan to help fund its historic £500 million equal pay settlement. Canada Life Investments announced the completion…