Scottish Financial Review

Aliter Capital LL, the private equity investor in the UK business services sector with offices in Glasgow and London, has completed fundraising for a new…

The Scottish Government has urged businesses across Scotland to harness the power of artificial intelligence (AI) as it brought together industry leaders to discuss how…

Caledonian Holdings plc, a significant shareholder in Alba Bank, announced on Monday that Jim McColl, Executive Director of Caledonian and founder of Alba, has stepped…

Scottish Widows, Aberdeen Investments and science and tech investor IP Group have announced their first investments to connect workplace pension savings with high-growth, innovative UK…

Plans to make public procurement for lower-value contracts quicker, simpler and more proportionate have been announced by the Scottish Government. Subject to Parliament’s approval, the…

Aberdeen-headquartered transport giant FirstGroup plc said it has agreed the sale of assets to the West Yorkshire Combined Authority (WYCA) “in support of the transition…

Scotland’s First Minister John Swinney has pledged to work “constructively and collaboratively” with UK Prime Minister Andy Burnham to devolve further powers to Scotland “for…

An economic impact study has found that SSE’s proposed Coire Glas Pumped Storage Hydro project could support almost 3,000 UK construction jobs at peak, deliver…

Shares of Edinburgh-headquartered NatWest Group fell as much as 9% on Friday after it published financial results for the third quarter, showing quarterly operating profit…

Several UK investment trust companies are expected to make strong returns on the IPO of Anthropic, expected on Nasdaq in November. Trusts invested in Anthropic…

Glasgow-based Cefetra Ltd, the agricultural trading giant, has signed a 10-year deal with Associated British Ports (ABP) at its Port of Immingham on Humberside, the largest…

The University of Edinburgh has been chosen to be the headquarters of a new £18 million programme — the UK Advanced Chip Design Academy —…

UK finance minister John Healey delivered his first budget on Wednesday, and it included a move to double a tax surcharge on banks’s profits above…

The Scotch Whisky Association (SWA) has warned that the UK Chancellor’s announcement of a fourth consecutive rise on spirits duty will “harm the sector, supply…

Scotland’s renewable energy industry supported an estimated 49,200 full-time equivalent jobs and £14.9 billion of economic output in 2024, new research shows. The independent report…

The £880 million Baillie Gifford Japan Trust plc said its net asset value total return per share was 17.7% in the year to August 31,…

The Scottish Government said 18,028 new homes were added to Scotland’s housing stock between April 2025 and March 2026, 8% fewer than the previous year…

Three new non-executive directors have been appointed to the board of the Scottish National Investment Bank — Scotland’s development bank. The new directors are Richard…

The Global Entrepreneurship Monitor (GEM) Scotland for 2025-2026 has found that a growing number of people in Scotland are participating in entrepreneurial activities — with…

The Association of Investment Companies (AIC) has called on UK Chancellor John Healey to “set out a path” to removing stamp duty in his Budget…

Aberdeen Investments said it has appointed Becky Nichols as Head of Global & Alternative Consultant Partnerships, a newly created role designed to deepen relationships with the firm’s…

Shareholders of the £1.1 billion Baillie Gifford US Growth Trust plc have rejected a third attempt by New York hedge fund Saba Capital to replace…

NatWest-RBS said on Friday it looks forward to “seeing the detail” in the newly announced plan by the UK government’s finance minister John Healey to…

Lloyds Banking Group plc (LBG) — current owner of Bank of Scotland and Scottish Widows — has announced board changes following a “new ring-fencing governance…

The £630 million Aberdeen Asia Focus investment trust said it delivered a net asset value (NAV) total return of 22.3% and a share price total…

London Stock Exchange Group plc (LSEG) confirmed it agreed to acquire Octus, a provider of credit intelligence, data and workflows, for $3.535 billion in cash…

IP Group plc, which invests in breakthrough science and technology companies, has reported that investment in UK university spinouts reached £1.56 billion in the first…

Ashtead Technology, the Aberdeen-based subsea technology solutions provider, said on Wednesday it agreed to a cash takeover by New York-based private equity firm Ember Infrastructure…

Growth capital investor BGF said it has completed a multi-million-pound investment in Edinburgh-based engineering consultancy Harley Haddow, which has a strong UK-wide reputation in the…

The Scottish National Investment Bank (SNIB) — Scotland’s development bank — has appointed former Virgin Money executive Graeme Sands to its newly created chief portfolio…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, announced the appointment of former Caterpillar executive Marc Cameron as President of its Minerals Division….

Edinburgh-headquartered investment giant Aberdeen Group said in a third-quarter update on Wednesday its assets under management and administration (AUMA) rose 4% to £578.9 billion “reflecting…

The UK government on Wednesday finally approved the Jackdaw North Sea gas field 250 kilometres east of Aberdeen, ending years of legal and political wrangling….

NatWest-RBS could face a backlash from members of trade union Unite over the banking group’s new plan to require its staff to attend the office…

Almost 500 skilled offshore wind jobs will be supported across north-east Scotland and throughout the UK after SSE appointed Aberdeen-based Seaway7, part of the Subsea7…

The CEO of ScottishPower’s transmission business SP Energy Networks has welcomed the launch of a new industry plan that sets out “how the biggest grid…

A strong majority of closed-end investment trusts with open-end “sister funds” have outperformed those funds over the past 10 years, according to research by the…

Royal Bank of Scotland, part of NatWest Group, on Monday announced the appointment of Robert Begbie as Executive Chair, Scotland, and Senior Advisor, Commercial &…

Glasgow-based Beeks Financial Cloud Group plc, a connectivity provider for financial markets, on Monday published an update on first-quarter “commercial momentum and forthcoming product launches”…

Edinburgh-headquartered NatWest-RBS has withdrawn its markets securities business from the Federal Reserve Bank of New York’s list of primary bond dealers as the firm pulls…

Aberdeen-headquartered Ithaca Energy said its CEO Luciano Vasques has informed the board of his intention to retire from the company by March 31, 2027. “The…

The Scottish Government’s Innovation Minister Alyn Smith has confirmed a £10 million investment to develop two Defence Technical Excellence Colleges (DTECs) for Scotland. “Plans are…

Fixed link transport infrastructure including bridges and tunnels has the potential to deliver “transformative” benefits for Scotland’s island communities, according to a new report published…

The G20 Finance Ministers and Central Bank Governors’ Meeting on July 8 and 9, 2027, will be held at the Edinburgh International Conference Centre (EICC)….

A Singapore-based investment partnership for up to £200 million is being established to bring Southeast Asian and UK investment together to help tackle the shortage…

Glasgow-based technology business and contact centre provider SVL Business Solutions has been acquired by FourNet, the Manchester-headquartered customer experience firm backed by Palatine Private Equity. Founded as…

Greenridge Investment Management has acquired the Bridgewater Shopping Centre in Erskine, near Glasgow, from Broadlands for around £21 million, on behalf of the Greenridge Opportunity…

A new paper from Aberdeen Investments has found that investor interest in sustainability is stronger than headline industry data suggests. “Governance, transparency and business standards are…

Private sector staffing levels across Scotland rose for a fourth consecutive month in September, according to the latest Royal Bank of Scotland Growth Tracker. The…

Royal Bank of Scotland has announced a £520,000 investment in its Edinburgh West End branch on Princes Street and has promised “no further branch closures…

Glasgow-based medtech firm Nami Surgical said it has secured £3.4 million as part of a funding round extension led by £2 million from the Scottish…

Port of Aberdeen has reported another record cruise season — with visitor numbers up 26% on 2025 to 54,000 and bookings now extending to 2033….

Scottish businesses are reporting their most positive assessment of the economy since June 2023, according to the latest quarterly Understanding Business survey of more than 500…

The £1.1 billion Baillie Gifford US Growth Trust plc said the three prominent independent governance and voting experts — Glass Lewis, ISS and PIRC —…

Standard Life plc announced that Siobhan Boylan, the group shareholder nominated non-executive director nominated by Aberdeen Group plc, will cease to be on the board…

GE Aerospace has announced a £30 million investment to expand and modernise its Prestwick site in Scotland, “strengthening capacity and operational flow to better support…

The first auction ever to take place at The Macallan Estate on Speyside has achieved sales of £3.3 million — including one bottle, The Macallan…

A £35 million Centre for Advanced Brewing and Distilling (CABD) at Heriot-Watt University in the Riccarton area of west Edinburgh could generate an additional £53.4…

The Scottish Government said the results from the June Agricultural Census 2026 have been published and they show that 66,100 people worked on agricultural holdings…

The Scotch Whisky Association (SWA), Irish Whiskey Association and Welsh Whisky Association have released a joint statement following an appeal lodged by the SWA in…

The chair of the £1.1 billion Baillie Gifford US Growth Trust plc has written to the UK government’s Secretary of State for Scotland Douglas Alexander…