Articles by Scottish Financial Review

Wood Group on target for $6bn revenue

John Wood Group, the Aberdeen-based engineering and consulting giant, said its third-quarter revenue rose 8% to $1.477 billion. Group revenue for the first nine months of…






AAB hires new CEO as it targets £100m revenue

Fast-growing Aberdeen-based accountants and business advisors AAB announced the appointment of Emma Lancaster as its new chief executive. Lancaster will succeed Graeme Allan, who has been…


UK data watchdog apologizes to Rose over Farage

The UK’s data watchdog, the Information Commissioner Information (ICO), has apologised to former NatWest chief executive Alison Rose for suggesting that she personally breached data rules…





Souter Investments acquires Premier Hytemp

Souter Investments said it has agreed terms to acquire Premier Hytemp, a global provider of turnkey metals and precision engineering solutions for the energy industry….


Edinburgh Filmhouse gets Screen Scotland boost

Filmhouse (Edinburgh) Ltd, the organisation working to reopen Edinburgh’s iconic Filmhouse cinema, have achieved a significant milestone in their fundraising campaign, securing a major grant…




Weir Group hires BP’s Brian Puffer as CFO

Weir Group, the Glasgow-based global engineering and mining giant, announced the appointment of Brian Puffer to the company’s board of directors as chief financial officer (CFO)…


Wood Group hires Rolls-Royce’s Balan as CFO

John Wood Group, the Aberdeen-based engineering and consulting giant, announced the appointment of Arvind Balan to the company’s board as chief financial officer (CFO) and…



£42m Techscaler network expands to Borders

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…






Weir Group appoints Penny Freer to board

Weir Group, the Glasgow-based global engineering and mining giant, announced that Penny Freer has been appointed to its board as an independent non-executive director with…













Hunter, SNIB in bid to create £100m Scots firms

The Hunter Foundation, in partnership with the Scottish National Investment Bank (SNIB), has opened up applications for its second ScaleupScotland2.0 programme for highly ambitious, scaling…



THREE60 Energy buys Pryme and Flexlife

Aberdeen-based independent energy services company THREE60 Energy said it has acquired Pryme Group and Flexlife “to create a £200 million industrially diversified global business with…




FirstGroup shares up amid trading update

Shares of Aberdeen-headquartered transport giant FirstGroup plc rose about 4% after it published an update on trading for the 27 weeks to September 30, 2023. On…




Calnex shares fall 30% amid revenue warning

Shares of Linlithgow-based telecoms testing and measurement firm Calnex Solutions plc fell about 30% after it published a stark update on trading and outlook for the full…








SSE renewables 19% behind plan due to weather

SSE plc, the Perth-based electricity infrastructure giant, has reported that its renewables performance remains below expectations, with output around 19% behind plan for the six…



Martin Currie appoints Jen Mair CEO

Edinburgh-based Martin Currie, the active equity specialist with £16.7 billion in assets under management, announced that Jen Mair has been named chief executive officer (CEO). She…






Macfarlane buys B&D 2010 Group

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced the acquisition of B&D 2010 Group Limited, a specialist protective packaging business based in the…




BGF invests in Edinburgh’s Stellar Omada

Growth capital investor BGF has completed a £4.5 million investment in Stellar Omada, a fast-growing Edinburgh-headquartered technology services company that serves the financial services sector….