Articles by Mark McSherry


Iona wind partnership gets SNIB investment

A £13 million investment from the Scottish National Investment Bank awarded to the Iona wind partnership will help accelerate the delivery of the Iona onshore…


Morrisons buys stake in Fife recycling site

Bradford-based supermarket giant Morrisons has announced it will become the first supermarket to own its own recycling operations through the acquisition of a significant stake…











Hannah Gurga to be new ABI Director General

The Association of British Insurers (ABI) has confirmed three senior leadership appointments, with Hannah Gurga becoming the new ABI Director General, Baroness Nicky Morgan becoming the first…



Menzies Aviation wins major Mexico contract

John Menzies plc, the Edinburgh-based global aviation services business, said on Wednesday that Menzies Aviation has secured a significant contract win with Mexico’s flagship carrier…












Weir buys AI mining tech firm Motion Metrics

Glasgow-based global engineering and mining giant Weir Group said on Friday it has agreed to acquire Motion Metrics, a Canada-based global mining technology business, for an initial…












Napiers Herbalists bought by China-focused firm

Edinburgh-based Napiers the Herbalists has been bought by Samarkand Group plc, which describes itself as a “cross-border eCommerce company focused on connecting Western brands with…





Livingston’s Energy Assets in £690m refinancing

Livingston-based smart metering firm Energy Assets Group announced it has completed a £690 million refinancing package, including £185 million of capital expenditure (capex) facilities. Energy Assets said it…



Glasgow IP firm Murgitroyd acquires UDL of Leeds

Glasgow-based global intellectual property law firm Murgitroyd Group has announced the latest move in its international expansion strategy with the acquisition of Leeds-based UDL Intellectual Property practice. This…











Hoctor-Duncan becomes CEO at Gilbert’s R&M

River and Mercantile Group’s chief executive James Barham will move to Schroders as part of its purchase of R&M’s fiduciary arm Solutions for an enterprise value of…


Sturgeon: no support for unlimited oil and gas

The Scottish Government “will no longer support unlimited recovery of hydrocarbons including oil and gas,” according to First Minister Nicola Sturgeon. The Scottish Government and…


UK dividends to top £93bn in 2021

UK dividends soared to £34.9 billion in the third quarter of 2021, up 89.2% year-on-year on a headline basis, boosted the mining boom and very large…


AAB gets investment from August Equity

Anderson Anderson & Brown (AAB) has announced a significant investment from London-based August Equity to speed up its growth plans and help realise its strategic…


SFE appoints Tumilty and Knox to its board

Scottish Financial Enterprise (SFE) said it has appointed two new non-executive board members — Mike Tumilty of abrdn and Louisa Knox of Shepherd and Wedderburn —…


Sabadell rejects £1bn Co-op Bank bid for TSB

(Updates with Monday statement from Co-operative Bank) Spain’s Banco Sabadell confirmed at the weekend that its board has rejected an audacious offer for its subsidiary TSB Bank…