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…

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 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…

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…

Glasgow-based agritech firm Solasta Bio has secured a further round of investment totalling £4 million to scale up the development of its nature-inspired pesticides. Solasta…

Trade body Salmon Scotland has said Scotland’s fish farms have delivered a £3.3 billion boost to the country’s economy over the last decade. Over the…

Edinburgh-based Green Bioactives Ltd (GBL), a developer of plant-derived natural products, announced it has successfully completed a £2.6 million seed financing round. GBL was founded in 2020…

Marine Scotland Science has published the Scottish Fish Farm Production Survey 2021 — and it shows that Scotland’s production of Atlantic salmon increased last year…

Scottish law firm Burness Paull said it reported “strong” results for the year ended July 31, the second of the firm’s three-year strategy that is…

The Scottish Government said on Wednesday that a contract worth up to £42 million has been awarded to Edinburgh-based company Codebase to establish seven new…

Ryanair has announced an investment of over $1 billion at Edinburgh Airport that will support 300 aviation jobs and 3,000 indirect jobs — and unveiled its…

National Express Group Plc announced on Tuesday it is in talks to buy Perth-based Stagecoach in an all-share deal that would value the Scottish transport…

SOLASTA Bio, a Glasgow University spinout company specialising in the next generation of green insecticides, has secured seed investment of £1.3 million to support ongoing…

Tom Hunter, Scotland’s first ever billionaire, on Tuesday weighed in with a strong reaction to the report published by the Advisory Group on Economic Recovery led by…

London Stock Exchange Group plc (LSEG) on Friday rejected the recent $39 billion takeover approach from Hong Kong Exchanges and Clearing (HKEX). The Hong Kong…

Around 50% of traffic has moved away from Aberdeen city onto the new Aberdeen Western Peripheral Route since it fully opened in February, the Scottish…

Peel Ports said it has partnered with the UK’s largest rail freight company, DB Cargo UK, to provide a new rail service for containers via…

Scottish Natural Heritage is leading a “Pollinator Strategy” to make Scotland a “more pollinator friendly place by protecting indigenous bee and butterfly populations,” the Scottish Government…

More than 100 new jobs will be created at Falkirk-based bus maker Alexander Dennis Limited (ADL) thanks to Scotland’s largest ever research and development (R&D) grant….