Scottish Financial Review

Investment trust Greencoat UK Wind plc (UKW) said on Wednesday it has acquired the remaining 50% interest in Braes of Doune wind farm in Stirlingshire…

Edinburgh and Manchester-based rented housing developer Sigma Capital Group announced its first PRS (private rented sector) development in Scotland near Perth with Springfield Properties plc as…

Wheatley Housing Group Limited — Scotland’s biggest social landlord — has announced that Alastair MacNish will retire as group chair at its AGM in September. The news…

Shares of Springfield Properties, which is building a number of new communities throughout Scotland, rose about 2% on Tuesday after it published results for the six…

Perth-based SSE Renewables and Spanish renewable energy operator Acciona S.A. said on Tuesday they have signed an exclusivity agreement regarding the formation of a 50-50…

Closed life and pension fund consolidator Phoenix Group, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday it will take ownership of the…

Global company stock dividends fell 12.2% to $1.255 trillion on a headline basis in 2020 after a relatively strong finish to the year, according to the Janus…

The CEOs of AJ Bell, Hargreaves Lansdown and Interactive Investor have joined forces to demand greater access for retail investors to Initial Public Offerings (IPOs)…

The UK Government’s borrowing climbed to £270.6 billion in the first 10 months of this financial year — that’s £222 billion more than in the…

NatWest Group — formerly known as RBS — said on Friday it intends to begin a phased withdrawal for its Ulster Bank business from the Republic…

Shares of NatWest Group — formerly known as RBS — rose about 4% on Friday after it announced that its 2020 loss was smaller than…

Franklin Templeton announced that Kim Catechis, currently head of investment strategy at its Martin Currie business in Scotland, will join the newly launched Franklin Templeton…

Top-rated Aberdeen Standard Investments fund manager Harry Nimmo has made a staunch defence of actively managed funds amid the spectacular growth of “passive” index investing, arguing…

Scotland’s salmon farmers have asked Scottish Government ministers to consider financial compensation for fish lost to seal attacks. The Scottish Salmon Producers Organisation (SSPO) published…

The average price of a home in Scotland in December 2020 was £162,983, an increase of 8.4% on December 2019, according to the latest provisional statistics…

NatWest-RBS is in talks to offload private banking subsidiary Adam & Co, according to a report on Sky News. NatWest-RBS is working with Evercore, the…

Edinburgh-based international oil and gas company Cairn Energy has filed a case in a US district court to enforce a $1.2 billion arbitration award it…

Scottish Widows Loan Investments said it has provided a £96 million long-term loan facility to Constantine Wind Energy (CWE), one of the largest operators of…

Retail, hospitality, leisure and aviation businesses will pay no rates during 2021-22 under proposals outlined on Tuesday by the Scottish Government. The rates relief move…

Glasgow-based cloud data centre operator Iomart Group plc announced the appointment of Sharon Mars Leach as its group marketing director “to lead the group’s brand…

Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc rose another 6% on Tuesday after it published an update on trading for the year…

The SSEN Transmission business of Perth-based energy giant SSE has published a discussion paper calling for views on the current Transmission Network Use of System…

Celtic plc said on Monday its revenue fell 23.7% to £40.7 million in the six months to December 31, 2020, and it made a loss before…

Global exports of Scotch Whisky fell by more than £1.1 billion or 23% to £3.8bn in 2020, according to figures released on Friday by the…

The Scottish Salmon Producers Organisation (SSPO) said on Friday that the worldwide Covid pandemic had a “significant and damaging effect” on exports of Scottish salmon…

The CEO of Chivas Brothers, the Scotch whisky business of Pernod Ricard, on Friday outlined the importance of the removal of tariffs on single malt Scotch exports…

Edinburgh-based investment giant Standard Life Aberdeen (SLA) is considering a name change amid reports that new chief executive Stephen Bird is mulling a deal to…

Alva-based Omega Diagnostics Group said on Thursday it agreed a contract with the UK’s Department of Health and Social Care (DHSC) to provide manufacturing capacity for…

Amsterdam overtook London as Europe’s biggest share trading venue in January — as Brexit saw about 50% of London’s trading volumes move to the continent…

Paris-based investment giant Amundi — Europe’s largest fund manager with €1.7 trillion of assets — announced that chief executive Yves Perrier will be succeeded by…

Brexit will cost the London economy up to £9.5 billion a year – with the city’s service sectors bearing the brunt of the downturn, according…

The UK government’s pension liabilities soared to £6.4 trillion in 2018, up 21% from 2015, according to new figures from the Office for National Statistics (ONS)….

Pensions and investment firm James Hay said on Tuesday it agreed to buy Edinburgh funds platform Nucleus Financial Group in an all cash deal that values Nucleus…

Baillie Gifford has claimed the top spot in FundCalibre’s seventh annual Fund Management Equity Index, pushing three-times winner Morgan Stanley into second place. Each year,…

Glasgow-based Smart Metering Systems (SMS) said on Monday that its chief financial officer David Thompson will leave the group on March 31, 2021, “to pursue another…

Scottish Widows said on Monday it will become the first UK major pensions and insurance provider to target halving the carbon footprint of all its…

The Scottish private sector “sunk deeper into a downturn” during the opening month of 2021 as lockdown measures stifled client demand and led some businesses…

Shares of Alva-based Omega Diagnostics Group rose another 35% on Monday after a newspaper report claimed it is one of three British companies selected by…

Thurso-based battery cell developer AMTE Power said on Monday it will seek a stock market listing on the London Stock Exchange’s AIM market. The company…

Shares of Glasgow-based mobile power giant Aggreko plc rose about 34% on Friday afternoon to about £8.50 after it confirmed it is discussions with a…

Permanent staff appointments across Scotland rose during January, ending an 11-month sequence of decline, according to the latest Royal Bank of Scotland Report on Jobs….

The Scottish Government has published its infrastructure investment plan that is backed by £33 billion over the course of the next parliament. “Significant capital investment…

Shares of oil and gas producer EnQuest plc fell about 8% on Thursday after it agreed to buy Suncor’s 26.69% equity interest in the Golden…

Edinburgh Airport said on Thursday it recorded its lowest number of passengers since 1995 in the last 12 months — and warned the outlook is…

The Investment Association (IA) — the powerful trade group for the Scottish and UK asset management industry — has called on companies to step up their…

Citigroup Inc’s incoming Scottish CEO Jane Fraser has told staff in a memo she has decided to form a new global operating team to build…

Dundee investment trust company Alliance Trust plc, which uses external fund managers Willis Towers Watson (WTW), said on Wednesday it has terminated Lomas Capital Management…

Edinburgh-based Menzies Aviation, the global aviation logistics specialist, has announced five new appointments — including three new strategic hires — to bolster its cargo team. Rory…

Metro Bank said on Tuesday it completed the sale of a £3 billion residential mortgage portfolio to NatWest Group plc. “Further to Metro Bank’s announcement…

Glasgow-based global engineering giant Weir Group said on Tuesday it has completed the sale of its oil and gas division to Caterpillar Inc. “The sale, for…

Dentons’ 20-strong Scottish private client team is joining Scottish-headquartered UK law firm Shepherd and Wedderburn to create one of Scotland’s largest private client practices. The…