Walter Scott assets fell 19% to £58bn in 2025
The annual financial statements of Edinburgh fund manager Walter Scott & Partners reveal its assets under management — discretionary and advisory — fell 19% to…
The annual financial statements of Edinburgh fund manager Walter Scott & Partners reveal its assets under management — discretionary and advisory — fell 19% to…
Glasgow-based Scottish Friendly, which said in February it will merge with Brighton-based OneFamily, announced the completion of its acquisition of pension and annuity in-payment books of…
Edinburgh-based Aegon Asset Management, which manages and advises on £336 billion of assets, has appointed Iain McGowan as Partnership Director. In a new role for…
Aberdeen-headquartered Ithaca Energy Plc has agreed to acquire a portfolio of “conventional offshore oil assets” located in shallow waters off the East Coast of Newfoundland…
European space technology group Omnidea has acquired the UK-based manufacturing assets and intellectual property of Scottish orbital launch services company and space rocket manufacturer Orbex….
SSE, the Perth-based electricity infrastructure giant, published a half-year trading update saying its renewable generation output is expected to be around 20% higher than the…
Montrose Port on Scotland’s Angus coast has been selected by Perth-based electricity giant SSE as the preferred location for the operations and maintenance base for its…
Baillie Gifford and Essentia Analytics have announced a partnership to develop Essentia Data-Out (EDO), a new offering “that delivers Essentia’s behavioral intelligence directly into an…
Royal London said its Group Chief Financial Officer Daniel Cazeaux has been appointed interim CEO of Royal London Asset Management — which manages £212 billion…
SSE, the Perth-based electricity infrastructure giant, said it is hosting an in-person investor relations event in Aberdeen on Wednesday for sell-side analysts and institutional investors….
SSE, the Perth-based electricity infrastructure giant, has announced a record £24.9 million investment in communities for 2025-26, supporting 1,284 projects across the UK and Ireland…
Highlands and Islands Enterprise (HIE) said it has acquired the assets of Sutherland Spaceport Ltd (SSL) from the joint liquidators, Chad Griffin and Graham Smith of…
The chief executive of SSE plc, the Perth-based electricity infrastructure giant, on Wednesday urged the UK to generate more homegrown energy “generated here and supported…
SSE plc, the Perth-based electricity infrastructure giant, said it has “expanded its global financing strategy” by entering the Australian bond market for the first time,…
Businesses affected by the wildfire in the Cairngorms are to receive a share of up to £3 million of Scottish Government funding. The Scottish Government…
Mutually-owned Royal London, the life insurance, pensions and investment company, said its assets under management reached a record £212.5 billion over the six months to…
Edinburgh-based investment giant Aberdeen Group plc said its assets under management and administration rose 4% to £579.4 billion in the six months ended June 30,…
Perth-based electricity infrastructure giant SSE plc announced the appointment of former National Grid CEO John Pettigrew as a new independent non-executive director. Pettigrew will join…
SSE plc, the Perth-based electricity infrastructure giant, reiterated the financial outlook provided in its full-year results and published a first-quarter trading statement for its Annual…
A new report from SSE plc, the Perth-based electricity infrastructure giant, said electrification could cut bills by 35% while a shift to more UK-generated clean…
Former Scottish Renewables CEO Claire Mack announced on social media she will become Director of Corporate Affairs, Transmission with SSE plc / SSEN Transmission in September….
SSEN Transmission, SSE plc’s electricity transmission business, has welcomed publication by the National Energy System Operator (NESO) of its “Beyond 2030 Update” setting out a…
Infrastructure group Balfour Beatty said it has been awarded a two-year contract worth £325 million by Scottish and Southern Electricity Networks (SSEN) to deliver the…
SSEN Transmission, SSE plc’s electricity transmission business, has published a new economic report outlining the economic benefits from SSE’s planned £29 billion investment in new…
Shares of Iomart Group plc, the Glasgow-based secure cloud services firm, fell another 20% on Tuesday to around 14p after it published results for the…
SSEN Transmission has unveiled plans to develop a new £150 million training facility in the north east of Scotland, supporting the next generation of electricity…
SSE plc, the Perth-based electricity infrastructure giant, announced on Tuesday the issuance of €1.3 billion in hybrid capital securities through a dual tranche offering, These…
SSE plc, the Perth-based electricity infrastructure giant, has reported revenue of £10.187 billion for the year ended March 31, 2026, up from £10.132 billion the…
Edinburgh-based investment giant Aberdeen Group plc said on Wednesday its assets under management and administration (AUMA) “recovered strongly” from outflows in the first quarter to…
The chief executive of SSE plc, the Perth-based electricity infrastructure giant, said the UK needs to “finish building the UK’s clean energy system.” Martin Pibworth…
SSE plc, the Perth-based electricity infrastructure giant, said its renewable generation output is expected to be around 14.5 TWH for the year ended March 31,…
SSE plc, the Perth-based electricity infrastructure giant, said its Ferrybridge Battery Energy Storage System (BESS) in West Yorkshire is now fully operational, marking the successful…
Anderson Strathern Asset Management Limited (ASAM) has appointed Arlene Ewing as managing director as it looks to grow its team and services across Scotland. “Arlene…
Savings and retirement giant Standard Life plc said it delivered £1 billion of free cash flow in 2025, comfortably covering its dividend of £548 million…
Mutually-owned Royal London, the life insurance, pensions and investment company, has announced its 2025 results showing assets under management increased to a record £199 billion,…
Edinburgh-based investment firm Aberdeen Group plc said its profit before tax rose 72% £442m in 2025, a figure that included “a gain of £236m from…
SSEN Transmission said it has accepted a new five-year funding settlement from energy regulator Ofgem — securing a big programme of investment for grid upgrades…
Debt rating giant Moody’s Ratings said it has affirmed its Baa1 long-term issuer and senior unsecured ratings of SSE plc, the Perth-based electricity infrastructure giant,…
SSEN Distribution, part of SSE plc, announced the five contract partners it will work with to deliver future investment of up to £950 million in…
SSE plc, the Perth-based electricity infrastructure giant, said on Wednesday that “momentum continues” behind delivery of its five-year, £33 billion investment plan, with a number…
Canada Life Asset Management has announced the acquisition of the ground lease of InterContinental Edinburgh – The George. Operated by IHG under the InterContinental brand,…
Edinburgh Airport, part of France’s Vinci Airports network, said it welcomed a record of almost 17 million passengers in a single year in 2025 —…
Edinburgh-based investment giant Aberdeen Group plc said its assets under management and administration (AUMA) rose 9% to £556 billion year-on-year in the fourth quarter of…
SSEN Transmission said it has awarded one of the world’s leading cable manufacturers — Denmark’s NKT — €2 billlion worth of major contracts to manufacture…
SSE plc, the Perth-based electricity infrastructure giant, said it has successfully secured a 20-year contract for 1.4GW of low carbon offshore wind power from Phase…
The Scottish National Investment Bank has invested £20 million in Renewco Power, a Glasgow-headquartered renewable energy developer, via a fund managed by Corran Capital, a…
The UK’s National Wealth Fund has announced an £800 million financial guarantee to support SSEN Transmission’s delivery of four major grid upgrade projects underway in…
SSEN Transmission has agreed its biggest housing deal so far, with Elgin-based housebuilder Springfield Group, in a significant step forward for its commitment to contribute…
NatWest, the bank formerly known as RBS, announced that it has exceeded its ambitious target of lending £2 billion to female-led businesses by the end…
The Scottish Chambers of Commerce (SCC) has warned that “businesses are on the brink” following the UK Chancellor’s Autumn Budget. SCC said it is deeply…
Shares of SSE plc, the Perth-based electricity infrastructure giant, rose as much as 11% to a record high on Wednesday after it announced “a transformational, fully-funded,…
NEO NEXT Energy, a joint venture between Repsol and NEO, has exercised its pre-emption rights over BP’s P111 and P2544 licenses, blocking Serica Energy’s proposed…
SSE plc, the Perth-based electricity infrastructure giant, is exploring funding options including a share sale that could raise billions of pounds, as the utility seeks capital…
SSEN Transmission said it has signed two major agreements to help deliver new homes across the north of Scotland. The deals are the the first…
New research commissioned by top Scottish law firm MFMac (Morton Fraser MacRoberts) has found that 48% of Scottish business leaders rate the availability of investment capital in…
Aberdeen Group plc said on Wednesday its assets under management and administration (AUMA) have risen 6% year to date to £542.4 billion but that “net flows…
The CEO of SSE plc, the Perth-based electricity infrastructure giant, has outlined the urgent need to upgrade the UK’s energy grid and “stop relying on…
Iberdrola, the Spanish energy giant that owns ScottishPower, has sounded out rivals this year about a possible merger deal with its UK retail business, according…
Serica Energy plc said on Monday it agreed to acquire all of BP’s stake in the P111 and P2544 licences in the UK Central North…
SSE plc, the Perth-based electricity infrastructure giant, said on Thursday that “adjusted investment in networks” is expected to increase by 60% to £1.1 billion in…
Edinburgh-based fund manager Walter Scott & Partners said its assets under management — discretionary and advisory — slipped 2% to £72 billion in the year…
Savings and retirement giant Phoenix Group said on Monday it will pull around £20 billion from Aberdeen as it moves more of its annuity-backing assets…
Royal London Asset Management, the £181 billion fund management arm of Royal London, the UK’s largest mutual life, pensions and investment company, announced the appointment…
Had-Fab, the Tranent-based structural engineering and metal fabrication firm, has secured more than £100 million of contracts with SSEN Transmission in the north of Scotland….
SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, said on Tuesday it has successfully launched its second issuance in the Euro bond…
Perth-based SSE Renewables announced the appointment of Sandie Lengden as the new Project Director for Berwick Bank, which the firm believes will become the world’s largest single offshore…
Edinburgh-based investment giant Aberdeen Group published first-half results on Wednesday, showing assets under management and administration (AUMA) of £517.6 billion, up from £511.4 billion at…
SSE plc, the Perth-based electricity infrastructure giant, said hot weather conditions in the UK across April and May resulted in a 4% decrease in output…
SSE plc, the Perth-based electricity infrastructure giant, said on Thursday it welcomes the decision by the UK government to retain a national pricing system for wholesale…
Perth-based SSE plc said it successfully launched a dual tranche issue of €1.3 billion in hybrid capital securities, a financial instrument which is subordinate to…