Scottish Friendly, the Glasgow-based mutual, has announced 2024 sales of £50.6 million, the second-highest sales in its 163-year history. Total assets under management stood at £4.2…

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…

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…

Scottish Friendly has reported that its total sales increased by 2% to a record £47.7 million in 2022 and that the mutual’s membership increased by 38,000…

Glasgow-based financial mutual firm Scottish Friendly has appointed Stephen Campbell as Chief Operating Officer (COO). Campbell has over 25 years of experience in financial services,…

Scottish Friendly has announced its assets under management rose to £5.4 billion in 2021 and the mutual financial firm’s membership increased by 31,000 to 776,000….

Scottish Friendly Assurance Society Ltd announced that Stephen McGee will join the business as chief executive officer (CEO), subject to regulatory approval, in April 2022….

Scottish Friendly’s inaugural New Investor Index has revealed that investment in stocks and shares ISAs surged 71% in the second quarter of 2020. The index tracks sales…

Scottish Friendly, Scotland’s largest financial mutual, on Thursday announced record sales of Investment ISAs — also known as stocks and shares ISAs — as it…

Glasgow-based mutual Scottish Friendly announced on Wednesday a substantial acquisition of life and pensions policies from financial services provider Canada Life. The deal sees Scottish…

Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said it achieved record-breaking sales in 2016 — a 33% rise from £25.5 million in 2015 to £33.9 million in 2016….

Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said Fiona McBain has decided to step down as chief executive after 11 years “to look for new opportunities and…

Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said it achieved record-breaking sales in 2015 of £25.5 million compared to £21.6 million in 2014. The 18% increase was driven by sales…

Scottish Wildlife Trust has announced the purchase of the 7,618-hectare Inverbroom Estate, near Ullapool, for £17.5 million following a “large private donation.” The deal is…

By Mark McSherry The Scottish Government is pressing ahead with its plans to go directly to the international bond market for the first time in…

Scotland’s onshore GDP grew by 0.3% in July 2024, according to statistics announced by the Chief Statistician. The wider UK economy stalled recently at 0.0%….

Financial mutual firm Scottish Friendly said it has appointed John McGuigan as its new chair, as well as announcing two new non-executive directors. McGuigan also…

Financial mutual Scottish Friendly has reported record sales of £51.1 million annual premium equivalent (APE) for 2023, up from £47.7 million in 2022 . Assets…

The Scottish Crofting Federation (SCF) has appointed Donna Smith as its new chief executive to replace Patrick Krause, who is stepping down in October. “We…

The independent Scottish Fiscal Commission said on Thursday it expects a strong economic recovery in 2021-22, with Scottish GDP growing by 10.4% and economic activity…

Scottish Building Society said it has strengthened its senior management team with the appointment of Aileen Brown in the newly-created role of finance director. Brown joins…

The UK’s Office for National Statistics (ONS) said that UK inflation rose more than expected to a 15-month high of 3.5% in April as higher utility…

The UK central bank on Thursday cut interest rates by a quarter point to 4.25% as Donald Trump’s trade war dampens outlook for growth. Analysts…

Scotland’s onshore GDP contracted by 0.2% in February 2025, according to statistics announced by the Chief Statistician. This followed growth of 0.4% – revised from…

Edinburgh and London-based private bank Hampden Bank announced that its total deposits across current, call, notice and term accounts increased 16% in 2024 to £991…

Scotland’s onshore GDP grew 0.3% in January 2025, according to statistics announced by the Chief Statistician. This follows growth of 0.5% in December 2024. The…

Scotland’s gross domestic product (GDP) grew by 1.1% for the whole of 2024 compared to 2023, while quivalent growth for the UK was 0.9%, the…

The UK central bank of Thursday cut interest rates from 4.75% to 4.5% — the lowest base rate since June 2023. The Bank of England’s Monetary…

The UK’s central bank on Thursday cut interest rates for the first time since early 2020 — from 5.25% to 5% — and signaled that…

The UK central bank has kept its main interest rate unchanged at a 16-year high of 5.25% ahead of the July 4 general election —…

John McGuigan has announced his intention to stand down as chair of Scottish Financial Enterprise (SFE), with deputy chair Sue Dawe proposed to be confirmed…

The UK’s gross domestic product (GDP) fell 0.3% in the fourth quarter, more than the 0.1% drop that economists had forecast, according to latest statistics from the…

The UK central bank kept interest rates at a nearly 16-year high of 5.25% on Thursday — but opened up the possibility of cutting them as…

UK finance minister Jeremy Hunt has cut national insurance payments for about 27 million people in his autumn statement ahead of a general election expected next…

Inflation in the UK slowed by more than expected in October as household energy prices fell and services sector price growth also eased. Annual consumer price…

The UK’s central bank on Thursday raised its key interest rate by a quarter of a percentage point to a 15-year high of 5.25% — and…

The UK central bank raised its benchmark lending rate on Thursday by a quarter point to 4.25%, the highest since 2008, and left the door…

British finance minister Jeremy Hunt set out his budget on Wednesday in an effort to pull the UK economy out of its run of stagnant…

New data from financial mutual Scottish Friendly reveals that the number of new stocks and shares ISA policies opened by adults in Scotland fell 17%…

UK inflation fell more sharply than expected in November after hitting a 41-year high high in October. The annual rate of consumer price inflation (CPI)…

The UK’s central bank raised its key interest rate to 2.25% from 1.75% on Thursday and said it will continue to “respond forcefully, as necessary” to…

The British pound fell on Friday to a fresh 37-year low on the US dollar — and a 17-month low on the euro — as…

British energy bills will soar 80% to an average of £3,549 a year from October, UK regulator Ofgem said on Friday. Ofgem called the situation…

The UK’s central bank on Thursday announced its biggest interest rate hike in 27 years and warned the UK is heading for more than a year…

The UK’s central bank raised interest rates for a fifth straight meeting on Thursday and sent a strong message it is prepared to make larger…

The UK central bank on Thursday raised interest rates to their highest since 2009 — hiking borrowing costs by a quarter-point to 1% to fight…

UK finance minister Rishi Sunak announced tax cuts for workers and a reduction in fuel duty on Wednesday in his half-yearly budget update. Sunak set out…

Scotland’s onshore GDP fell by 0.4% in December, according to statistics announced on Wednesday by the Chief Statistician. Output remains above the pre-pandemic level of…

Edinburgh-based investment giant Aegon UK said on Tuesday that Jim Ewing has been appointed chief financial officer (CFO), subject to regulatory approval. Ewing joined Aegon in…

Scotland’s onshore gross domestic product (GDP) grew by 0.9% in June, according to statistics announced on Wednesday by the Chief Statistician. “Using the experimental monthly…

Aberdeen Standard Investments chief economist Jeremy Lawson has outlined what he called the “missed opportunities” of the UK budget. Lawson said the £40 billion worth…

Baillie Gifford’s flagship £5 billion fund, the Scottish Mortgage Investment Trust plc, said Fiona McBain would succeed John Scott as chairman of the FTSE 100…

The board of Edinburgh-based fund manager Baillie Gifford’s flagship fund — the Scottish Mortgage Investment Trust company — plans to limit to 25% the amount of the…

Clean technology company Innovatium Group Limited has secured a £3 million investment from the Scottish National Investment Bank and Hitachi Industrial Equipment Solutions (HIES). The…

Scottish Borders Council said that a business case for the potential extension of the Borders Railway beyond Tweedbank to Hawick and Carlisle “will be progressed”…

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…

Scottish Widows has revealed that 69% of employers in the UK now offer a responsibly invested company pension — but only 44% have it as their default…

Approval has been issued to start the next phase of work to explore the case for extending the Borders Railway to Carlisle. Following recent confirmation…

Forth Ports, the UK’s third largest port operator, announced a £50 million private investment in infrastructure at the Port of Leith — having secured its…

Scotland-based biotechnology innovator MiAlgae is set to expand its operations after securing £14 million in a Series A funding round to help it scale the…

Glasgow-based Solasta Bio, an agri-biotech company specialising in the next generation of green insecticides, has completed an oversubscribed $14 million Series A funding round to…

A masterplan to transform the Seafield district near Portobello in the north-east of Edinburgh into a new environmentally friendly 2,700-home neighbourhood has been published by…

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…

UK prime minister Rishi Sunak on Wednesday called a UK general election for July 4 — during the summer holidays of Scotland’s schools. Scotland’s First Minister…

The latest Deloitte-sponsored quarterly Economic Commentary from the Fraser of Allander Institute (FAI) at Strathclyde University shows that the Scottish economy “is likely to be recovering…

Highlands and Islands Airports Limited (HIAL) announced the appointment of Paul Kelsall as CEO. Most recently, Kelsall was MD of Offshore Helicopter Services UK Limited and…

Renewable technologies have delivered more electricity than Scotland uses for first time, according to the Scottish Government. It said new statistics show that renewable technologies generated…

Scotland’s £42 million national Techscaler network is being expanded to support more of the country’s most promising young technology companies. A partnership with Borders organisation…

Two of Scotland’s most important law firms have agreed to merge in a move they say will create a “new, top-tier independent firm in Scotland.”…

A powerful group of UK pension schemes has argued that plans to relax the UK’s company listings rules to attract more IPOs to the London…