2022






Abrdn sells £225m stake in India’s HDFC

Edinburgh-based investment giant Abrdn announced it sold another 6% of HDFC Asset Management Company Limited (HDFC AMC) in India to raise £225 million. The Edinburgh firm…




Phoenix in record H1 cash generation of £950m

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced it posted record cash generation of £950 million…



Abrdn manager slams central banks for inflation

“Delusional” central banks have been blamed by Bruce Stout, manager of Abrdn’s £1.77 billion Murray International Trust, for stoking global inflation with a “toxic cocktail…


Abrdn buys stake in Archax digital asset exchange

Edinburgh-based investment giant Abrdn confirmed it has concluded a deal to become the largest external shareholder in Archax, the UK’s first regulated digital securities exchange. Abrdn…



Glasgow investment firm N4 hires Merrylees

Glasgow investment firm N4 Partners has announced the appointment of Gordon Merrylees, the former Managing Director of Entrepreneurship for NatWest, Royal Bank of Scotland (RBS) and Ulster…







Scots private sector growth at 17-month low

Business activity across the Scottish private sector increased at only a fractional pace during July, according to the latest Royal Bank of Scotland Purchasing Managers…







AMTE Power shares up 20% on Cosworth news

Shares of Thurso-based battery cell developer AMTE Power rose almost 20% on Friday after it announced it signed a memorandum of understanding (MoU) with automotive engineering…


Kuwait’s NAS completes £571m Menzies takeover

By Mark McSherry The £571 million cash takeover of Edinburgh-based airport logistics giant John Menzies plc by Kuwait-based National Aviation Services (NAS), a subsidiary of Agility Public Warehousing…






























Weir Group appoints new directors

Glasgow-based global engineering and mining giant Weir Group said on Friday that Nicola Brewer and Tracey Kerr joined its board as independent non-executive directors with effect from…







SSE investment, capex to total £2.5bn this year

SSE plc, the Perth-based renewable energy and power networks giant, announced that its first-quarter performance has “slightly exceeded” its expectations and that it remains confident in its financial…









Scottish Music Industry Assoc names Gurr CEO

The Scottish Music Industry Association (SMIA) has announced the appointment of Ronnie Gurr as its chief executive officer with immediate effect. Gurr will lead the SMIA’s executive team and…