Phoenix launches FTSE Climate Aware index series
Phoenix Group, owner of Standard Life, has launched a bespoke “Climate Aware” index series in collaboration with FTSE Russell, the LSEG business. The FTSE Phoenix…
June 2024
St Andrews Links Trust reports record £44m revenue
St Andrews Links Trust has reported a record £44 million in operating revenue for 2023 and an £11.5 million operating profit, building on revenue of…
Sofant, Edinburgh wireless tech firm, raises £3.4m
Sofant Technologies, the Edinburgh-based wireless technology firm, said it has raised £3.4 million in additional funding. The funding, which has come from EMV Capital, Scottish…
STV expects Euros to boost advertising revenue
Glasgow media firm STV Group plc published a trading update saying its total advertising revenue (TAR) was up 5% in its first quarter and is…
Chivas Brothers in sustainable barley venture
Chivas Brothers, the Scotch whisky business of Pernod Ricard, has announced a new agriculture programme supporting sustainable farming practices among Scottish barley growers represented by…
Edinburgh fund TEMIT vows £478m in divis, buybacks
By Mark McSherry The £2 billion Edinburgh-based Templeton Emerging Markets Investment Trust plc (TEMIT) has announce four key initiatives which aim to increase demand for its…
UK state pension ‘could go bust by 2035’ says ASI
The Adam Smith Institute (ASI), the free-market think tank, has said the UK state pension could go bust as early as 2035. The institute said it…
Baillie Gifford exits festivals amid activist ‘coercion’
UPDATE 6 — The Borders Book Festival announced that after 2024 it will no longer be sponsored by Edinburgh investment giant Baillie Gifford, following intense…
West of Orkney Windfarm gets Highland Council OK
The Highland Council has approved the onshore plans of the West of Orkney Windfarm – which is developing a major offshore wind project off Scotland’s…
SSE seeks final consent for €2bn Irish wind farm
SSE plc, the Perth-based electricity infrastructure giant, announced it is submitting an offshore planning consent application to Ireland’s planning authority An Bord Pleanála this week…
£300m plan progresses in Glasgow’s Merchant City
The £300 million transformation of Candleriggs Square in Glasgow’s Merchant City is continuing at pace following the completion of the second major building on the…
AAB Wealth ups assets to £800m with Synergy deal
Chartered financial planning firm AAB Wealth announced the acquisition of Bishopbriggs-based Synergy Financial Planning. AAB Wealth said that following this latest acquisition, it will have assets under…
Greenock Port gets huge trade boost with new cranes
The first of two new £25 million ship-to-shore cranes have arrived at the Port of Greenock, providing a huge boost for freight trade and productivity….
Springfield partners with Barratt for Stirling village
Springfield Properties plc announced a strategic collaboration agreement with Barratt Developments for the development of the Durieshill site, creating a new village near Stirling. Springfield…