Scottish Financial Review

Passengers will now be able to fly direct from Edinburgh to Washington D.C. almost all year-round as United Airlines extends its summer service into the…

Statera Energy said it has obtained planning approval from Aberdeenshire Council for the UK’s largest green hydrogen project. Having already won UK Government backing via…

Northern 3 VCT plc said it has appointed David Ovens to its board as a non-executive director and as a member of the company’s audit,…

Scottish Building Society — the world’s oldest remaining building society — has reported record balances for both retail savings and mortgages in its annual report for…

Edinburgh asset management group Baillie Gifford has been among the investors in a $152 million Series F funding round by Culver City, California-based Altruist, a “modern”…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said on Thursday it is “redirecting US originated orders to our manufacturing sites in…

Scottish Financial Enterprise (SFE) said that Edinburgh has strengthened its position as a leading green financial centre, according to the latest Z/Yen Global Green Finance…

UK government borrowing in the financial year ended March 31 has been estimated at £151.9 billion — £20.7 billion more than in the same 12-month…

Glasgow-based Solasta Bio, an agri-biotech company specialising in the next generation of green insecticides, has appointed three senior business and industry experts to support the company’s…

Germany-based AviAlliance has announced plans to invest £350 million “in the future growth and decarbonisation” of AGS Airports over the course of the next five…

Glasgow-based secure cloud services firm Iomart Group plc said on Wednesday it expects to report revenue growth of 13% to £143 million for the year ended…

Businesswoman and investor Ana Stewart has been appointed the Scottish Government’s new Chief Entrepreneur. Stewart, who also co-authored a landmark “Pathways” report on supporting women…

An initiative which helps innovative Artificial Intelligence (AI)-focused scaleup companies to maximise their full commercial potential is now open for 2025 applications. The 6-month programme,…

CSignum, the Bathgate-based provider of wireless technology extending underwater and underground IoT communications, has completed a £6 million Series A funding round. The investment will…

Brian Cox is to star in a play at the Edinburgh Festival billed as a “biting satire” of a stage production “on the Scottish banking ambition…

By Mark McSherry A number of works by the late Scottish artist, designer and architect Charles Rennie Mackintosh sold for a total of more than £373,000…

A new Scottish energy transition hub is to be launched in Abu Dhabi, the centre of UAE’s energy sector. The hub will support Scottish companies…

Scotland-based biotechnology innovator MiAlgae has submitted plans for a new production facility in Grangemouth. The first phase of the site will create over 100 green…

Swedish wealth management group Söderberg & Partners has bought a minority 30% stake in Glasgow-based Murphy Wealth to “support the firm’s long-term growth and technological…

Aberdeen chairman Douglas Flint said China is “not going to back down” in its trade and tariff dispute with US president Donald Trump. Flint said…

Aberdeen-headquartered transport giant FirstGroup plc said on Tuesday it anticipates that its FY 2025 adjusted operating profit and adjusted earnings per share “will be ahead…

A DeepTech AI initiative has been launched in Scotland to bridge innovation between university postgraduate talent and NHS Scotland. “AI Discovery” delivered by CodeBase via…

London-based asset manager Schroders announced it has been appointed by Scottish Friendly as its new investment management partner for a £2.1 billion multi-asset and insurance…

Menzies Aviation, owned by Kuwait-based Agility, announced it has signed a $305 million agreement to acquire US-based G2, “an aviation service partner of choice for…

Scotland will respond to the ongoing global economic uncertainty by highlighting its economic strengths and making clear it is open for business, said Deputy First…

Troubled Aberdeen-based engineering and consulting giant John Wood Group said on Monday it received a “holistic non-binding” conditional takeover proposal from Dubai-based Sidara worth about £242 million…

Scottish Enterprise said it is seeking to hire a Director for Scaling Innovation to help it double the number of scale-up businesses in life sciences,…

The £10.2 billion Lothian Pension Fund (LPF) said it has launched a new Climate Change Policy that introduces “a presumption against continued investment in laggard oil &…

Colleges Scotland said the total teaching funding allocated to Scotland’s colleges for the 2025-26 academic year has been set at £522.5 million, an increase of…

Scottish hotel group Crerar Hotels has secured £40 million of funding with HSBC UK to refinance nine hotels in Scotland and one in the Lake…

A new report by Biggar Economics argues that Crown Estate Scotland has the potential to support investment of £96 billion in offshore wind energy in the…

The UK central bank said on Thursday it is postponing an auction of £600 million of long-dated government bonds due on April 14 “in light…

Sustainable Ventures, in partnership with Barclays, is launching a new climate tech SME support programme for Scottish companies to address the sector-specific needs of Scotland’s…

The state-owned Scottish National Investment Bank announced that its CEO Al Denholm “intends to retire later this year” — but Denholm will work with the bank’s…

Retail tech experts MRI Software has released March’s retail footfall data for Scotland, where footfall across the country rose 5.3% during the month, with high…

Risk appetite returned to many markets on Thursday after US president Donald Trump pressed the pause button on tariffs for a host of countries on Wednesday — although…

Scottish Rugby is seeking to accelerate its commercial growth with the appointment of its first ever chief customer officer. The Edinburgh-based governing body, which owns…

Deep tech semiconductor company Neuranics, a joint spinout between the universities of Edinburgh and Glasgow, has raised $8 million to accelerate global growth and commercial…

New research from Grant Thornton UK finds that businesses in Scotland that have adopted a hybrid working approach believe it has boosted the productivity and…

Financial mutual Scottish Friendly has announced the acquisition of pension and annuity in-payment books of business from Fidelity International. The deal will see Scottish Friendly’s assets…

Scotland’s carbon footprint — emissions from all greenhouse gases — increased by 14.6% from 51.6 to 59.2 million tonnes carbon dioxide equivalent (MtCO2e) between 2020…

The Scottish Government said Business Minister Richard Lochhead has begun a visit to China and Japan “aimed at deepening economic, social and cultural ties and…

Scottish devolved public spending would have to be reduced by 1.2% each year compared to projected spending to balance the budget — equivalent to £1…

Intelligent Growth Solutions Ltd (IGS), the Scotland-based “vertical farm” technology business, said it has sent its first major consignment of specialist parts to the UAE for…

Investors withdrew a net £1.19 billion from UK-focused funds in March, taking the total year-to-date withdrawals to £3.48 billion, the worst calendar quarter on record…

The Association of Investment Companies (AIC) announced that venture capital trusts (VCTs) raised £895 million in the 2024-25 tax year to invest in early-stage UK companies….

Shares of Linlithgow-based Calnex Solutions plc, a provider of test and measurement solutions for telecoms and cloud markets, rose as much as 9% vafter it published a…

Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, announced the signing of a multi-year Proximity Cloud contract with a…

Known Scottish public sector procurement spend totalled £16.6 billion in 2022-23, of which £8.9 billion was spent in Scotland alone, according to the sixth annual report…

Investment firm Maven has completed a £3.4 million investment in Edinburgh based Epod Solutions Group, which trades under the “Podfather” name. The business provides a…

Mark Logan has been appointed to a new role at the Royal Conservatoire of Scotland (RCS) as Entrepreneur in Residence to “play a key role in…

The Association of Investment Companies (AIC) has launched its ‘My share, my vote’ campaign petition, calling for a change in company law to ensure all…

Troubled Aberdeen-based engineering and consulting giant John Wood Group said it has won a three-year contract to provide specialist technical support to Petroleum Development Oman (PDO)…

Cairngorm Mountain, one of Scotland’s leading outdoor attractions, has appointed Mike Gifford as its new chief executive. Reporting to the board of the company, which…

Aberdeen Investments has welcomed the opening of the Silvertown Tunnel beneath the River Thames in east London, in which it is the largest shareholder of the…

Scottish and Southern Electricity Networks (SSEN) has published details of a new £450 million investment to improve the north of Scotland’s local electricity networks. The investment…

Dozens of clean energy startup firms have secured £150 million in private investment after receiving support from Aberdeen-based Net Zero Technology Centre (NZTC), new figures…

Edinburgh city centre, which includes desirable locations including Stockbridge, Old Town and Tollcross, saw its average house price rise to £352,568 in the January-March quarter,…

London commercial property firm Lambert Smith Hampton (LSH) said it acquired a majority stake in Scottish-headquartered consultancy Ryden. LSH is part of Connells Group, which…

Over half of UK mid-market businesses have said that they expect to be directly affected “to a significant extent” by US Government tariffs, according to…

The University of Strathclyde has appointed Professor Stephen McArthur as its new Principal & Vice-Chancellor. McArthur, currently Associate Principal and Executive Dean of the Faculty…