Scottish Financial Review

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…

Almasar Alshamil Education said it has signed a non-binding Heads of Terms (HoT) agreement with Heriot-Watt University of Edinburgh for the establishment of Heriot-Watt University…

San Francisco-based Lyft has announced the acquisition of Glasgow-based TBR Global Chauffeuring (TBR) for $110 million in cash plus additional contingent costs. The Glasgow firm’s…

By Mark McSherry The Association of Investment Companies (AIC) have sent a “briefing note” to MSPs and Scottish MPs at Westminster to educate them on…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said on Thursday it has priced an offering of Australian $400 million senior notes. Weir…

FinTech Scotland announced on Thursday that Nicola Anderson is to step down as CEO at the end of 2025 to take up a “new senior…

Offshore Energies UK (OEUK) has issued a warning to the UK Government that without a permanent replacement for the temporary Energy Profits Levy (EPL), the…

AI robotics company Launchpad announced it has successfully concluded a Series A funding round, raising a total of $11 million, including $2 million from Scottish National…

The Scotch Whisky Association (SWA) has urged the UK Chancellor to deliver a multi-year freeze on spirits duty in next month’s Autumn Budget. The SWA…

John Wood Group, the troubled Aberdeen-based global engineering and consulting giant, said on Wednesday that Ken Gilmartin has informed the board of his intention to…

Edinburgh-based investment giant Aberdeen said it is “looking beyond the recent surge in gold prices” to invest in a range of industrial and strategic minerals —…

Catherine Muirden has been appointed as the next chair of the board at the National Galleries of Scotland, succeeding the colourful corporate veteran Benny Higgins,…

“Responsible finance” provider Social Investment Scotland (SIS) said it has maintained its “strong impact momentum” with £52.5 million in active loans and investments to social…

Clydebuilt II Limited Partnership (CLP II), a joint venture between Scottish property company Ediston and Strathclyde Pension Fund (SPF), has acquired multi-let office Central Exchange…

The University of Edinburgh’s EPCC, the UK’s first National Supercomputing Centre, has won EU and UK Government funding to establish and operate the €10 million…

Benbecula Distillery in the Outer Hebrides – one of Scotland’s newest whisky producers – has secured a £1.5 million investment boost from the British Business Bank’s…

Aberdeen plc, the Edinburgh-based asset management giant, has published new research that suggests private markets can outperform traditional 60% equities & 40% bonds investment strategies as it set…

Lloyds Banking Group (LBG) — which owns Bank of Scotland, Scottish Widows and Halifax — said on Monday it “intends to take an additional charge…

Lloyds Banking Group plc (LBG) — parent of Scottish Widows, Bank of Scotland and Halifax — said on Monday that Scott Wheway will step down…

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…

Chinese wind turbine manufacturer Ming Yang Smart Energy has announced it plans to create the UK’s largest, and first fully integrated, wind turbine manufacturing facility to…

Souter Investments, the private equity focused family investment office, has announced its backing of investment firm Duke Street in its acquisition of McAvoy, a leader…

The latest Noble & Co Whisky Intelligence Report — for October 2025 — said that after two years of volatility, the secondary market for fine…

New research published by Screen Scotland shows Scotland’s screen sector is on course to contribute £1 billion a year to the Scottish economy by end…

Lloyds Banking Group (LBG) — which owns Bank of Scotland, Scottish Widows and Halifax — said on Thursday “an additional provision is likely to be…

Newly-published annual accounts from the Scottish Professional Football League (SPFL) show the group has distributed £42 million to clubs, the highest figure in the league’s…

The latest Fund Flow Index from Calastone shows that the third quarter of 2025 “marked the worst quarter for stock fund outflows on record as…

Standard Life, part of Phoenix Group, said it has launched a new “affordable” retirement savings advice service for customers called Standard Life Financial Advice. At…

Munro EV, the Glasgow-based electric 4X4 manufacturer, announced it has secured £2 million in fresh funding from existing investor Elbow Beach alongside other parties. Elbow Beach is a…

John Wood Group, the troubled Aberdeen-based global engineering and consulting giant, said Azad Hessamodini, its Executive President of Consulting, “has decided to leave Wood to pursue…

The Royal Bank of Scotland (RBS) has revealed plans to launch the first intellectual property-backed loans for high growth businesses in Scotland. The IP-backed loans…

Scotland’s equity investment market remained “buoyant” during the first half of 2025, with university spinout activity leading the way, according to new research from the…

John Wood Group, the troubled Aberdeen-based global engineering and consulting giant, said on Tuesday it has called a General Meeting of the firm on October…

UK central bank governor Andrew Bailey has reinforced his support for the movement to encourage UK pension funds and institutional funds to invest more in…

Trogenix Ltd, a pioneering University of Edinburgh spinout biotech firm dedicated to developing innovative cancer therapies, has announced the completion of its Series A financing,…

Glasgow-headquartered research clinic NeuroClin has partnered with advanced diagnostics group Advance Tests to bring to market Scotland’s first commercially available, blood biomarker test for the detection of early…

Total transaction volumes in Scotland’s property investment market reached £440 million across 34 deals in the third quarter of 2025, according to latest statistics from Lismore…

Scotland’s James Hutton Institute has received a £3 million investment from Scottish Enterprise for its new high throughput phenotyping facility, part of the Advanced Plant…

Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for international financial markets, said on Monday its revenues increased 26% to £35.9…

Some of the biggest names in UK and international finance will gather in Edinburgh this week for the Global Investment Summit, hosted by Scottish Financial…

A report from Audit Scotland says that Scotland’s colleges have experienced a 20% real terms cut in funding over the last five years. “Colleges are…

New Wood Mackenzie analysis has revealed that the UK’s North Sea production can remain within net zero targets even if commercial reserves were increased by…

The £800 million Baillie Gifford US Growth Trust plc has narrowly survived a new attack from New York activist hedge fund Saba Capital Management. The…

Elgin-based house builder Springfield Properties plc announced the appointment of Alasdair Gardner as a non-executive director of the group, which will take effect from the…

Academic enterprise programme Converge has secured its largest-ever multi-year funding package of £1.26 million from the Scottish Funding Council over the next three years. The…

Santander UK announced on Friday that its CEO Mike Regnier “has confirmed his intention to step down as UK CEO by Q1 2026.” Regnier joined…

The average selling price of homes in Edinburgh, the Lothians, Fife and the Borders experienced a steady increase during in the July – September 2025…

Natural capital asset manager Oxygen Conservation said it has acquired Kinrara Estate — part of which lies within the Cairngorms National Park — from BrewDog. Kinrara…

The latest Pension Explorer analysis of Lane Clark & Peacock (LCP) at September 30, 2025, reveals that UK pension schemes of FTSE100 companies “continue to…

Scotland’s entrepreneurial ecosystem — especially for scale-up firms — has been boosted with the launch of the Scottish Ecosystem Platform, the first comprehensive, open access…

Walker’s Shortbread Ltd has warned that its “traditional staffing levels and operating model remain under considerable challenge” as inflation hurts the firm. In its 2024…

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…

Scottish Rugby head coach Gregor Townsend is to take on a second job as a part-time adviser on “strategy and philosophy” for Newcastle Red Bulls,…

Scottish Equity Partners (SEP) has announced major changes to its senior leadership team, effective from October 1. Calum Paterson, who has been SEP’s Managing Partner since…

Scotland’s Top 100 private companies employ 146,000 people and generate £40 billion in revenue, according to Grant Thornton’s Scotland Ltd 2025 report. “This year, we’ve seen…

The Edinburgh International Conference Centre (EICC) is closing in on generating £1 billion of economic impact as the venue marks its 30th anniversary. The EICC…

The £5.5 billion Dundee-headquartered investment trust company Alliance Witan plc announced that its investment manager Willis Towers Watson (WTW) has appointed two new fund managers to pick…

Edinburgh-based property and mortgage brokerage Cox & Co has been acquired by County Durham-based Casa Group. The seven-figure deal sees Casa Group, which specialises in…

A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks and Funkin cocktail mixers, said its statutory profit before tax soared 41.4% to…

The £10 billion Lothian Pension Fund (LPF), the second largest Local Government Pension Scheme (LGPS) provider in Scotland, has announced a change to its senior leadership team….

Edinburgh-based fund manager Walter Scott & Partners said its assets under management — discretionary and advisory — slipped 2% to £72 billion in the year…

A family who sailed around the world have purchased a famous marina on Scotland’s West Coast thanks to a multi-million-pound HSBC UK funding package. Craobh…

Braveheart Investment Group plc announced that it intends to apply to Companies House to change the company’s name to Truetide plc. The firm said: “When the company…

Edinburgh-based Frontier IP, a specialist in commercialising intellectual property, announced that Matthew White, its chief commercialisation officer, has decided to leave “to pursue an opportunity as…

STV Group plc announced the appointment of corporate veteran Clive Whiley as its new chairman as the Glasgow media firm revealed a first half loss before…

Baillie Gifford has announced that Spencer Adair, a manager of the £2.8 billion Monks Investment Trust plc, will retire on March 31, 2026, after 26 years at the…

ScottishPower owner Iberdrola has unveiled a “transformational” €58 billion strategic plan with the UK now its “top destination for investment.” ScottishPower said the plan will…

Scotland’s onshore GDP is estimated to have grown by 0.5% in the three months to July compared to the previous three month period, according to…

The latest House Price Index for Scotland shows the average price of a home in Scotland in July 2025 was £192,000, an increase of 3.3% on…

N4 Pharma plc has announced a collaboration with CMAC, the international manufacturing research centre based at the University of Strathclyde. N4 Pharma is developing Nuvec, its…