October 2021








Hoctor-Duncan becomes CEO at Gilbert’s R&M

River and Mercantile Group’s chief executive James Barham will move to Schroders as part of its purchase of R&M’s fiduciary arm Solutions for an enterprise value of…


Sturgeon: no support for unlimited oil and gas

The Scottish Government “will no longer support unlimited recovery of hydrocarbons including oil and gas,” according to First Minister Nicola Sturgeon. The Scottish Government and…


UK dividends to top £93bn in 2021

UK dividends soared to £34.9 billion in the third quarter of 2021, up 89.2% year-on-year on a headline basis, boosted the mining boom and very large…


AAB gets investment from August Equity

Anderson Anderson & Brown (AAB) has announced a significant investment from London-based August Equity to speed up its growth plans and help realise its strategic…


SFE appoints Tumilty and Knox to its board

Scottish Financial Enterprise (SFE) said it has appointed two new non-executive board members — Mike Tumilty of abrdn and Louisa Knox of Shepherd and Wedderburn —…


Sabadell rejects £1bn Co-op Bank bid for TSB

(Updates with Monday statement from Co-operative Bank) Spain’s Banco Sabadell confirmed at the weekend that its board has rejected an audacious offer for its subsidiary TSB Bank…






Glasgow’s DeepMatter signs India trials deal

Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, said it has signed a trials agreement with Aurigene Pharmaceutical Services Limited in Hyderabad, India, to…



Wood signs $1.2bn sustainable debt facility

Aberdeen-based global engineering and consulting group Wood plc announced it has signed a new $1.2 billion, five-year committed sustainable revolving credit facility (RCF) with a group…

















Fife battery energy plant sold to TagEnergy

Hertfordshire-based renewable energy company RES has announced the sale of the 50MW Roaring Hill Energy Storage Project near Glenrothes in Fife to international clean energy investors…







Barclays opens 5,000-employee Glasgow HQ

Barclays has officially opened its new campus on the south bank of the River Clyde in Tradeston, Glasgow, to house its technology, operations and functions…


Rocket firm Skyrora plans Shetland launches

Edinburgh-based rocket company Skyrora said it has agreed a multi-launch deal with the SaxaVord spaceport on Unst, the most northerly of the Shetland Islands, as it…

























Anderson says ESG damaging; reveals Musk clash

By Mark McSherry ESG investment frameworks “are profoundly damaging to the prospect of changing the corporate sector” according to James Anderson, the outgoing joint manager of…


Scotgold reports 24% increase in gold concentrate

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, has reported a 24% increase in gold concentrate produced at its Cononish Gold and Silver Project…


Ofgem investigates SSE Generation

The UK’s energy market regulator Ofgem said on Monday it has launched two investigations into whether SSE Generation Limited, part of Perth-based SSE, and transmission…


Gilbert’s AssetCo completes Parmenion deal

Martin Gilbert’s investment firm AssetCo plc announced it has completed the acquisition of a 30% equity interest in Parmenion Capital Partners LLP, a discretionary investment…