Scottish Financial Review

UK government year-to-date borrowing in the 11 months to February 2026 was £125.9 billion as borrowing for the month of February alone reached £14.3 billion…

The UK’s Institute for Fiscal Studies (IFS) said in a new report that Scotland has made its tax and benefit system more progressive than the…

A proposal to restore a Rosyth to Europe ferry route has moved forward thanks to a £3 million UK Government commitment. The new, direct freight…

The University of Edinburgh said its ARCHER2 UK national supercomputer has delivered an eightfold return on investment to the UK economy, citing an independent report…

A UK Government investment of £20 million for the University of Edinburgh’s Quantum Software Lab (QSL) will accelerate the development of quantum software, the university…

Healthtech firm Bioliberty, which emerged from the University of Edinburgh, has secured a total of £7.7 million of funding over the last 10 months. The…

ScotRail has announced plans to replace its high speed trains (HSTs) following a procurement process. A contract has been awarded to London-based Beacon Rail, a…

Entourage AI, a longevity and healthspan focused data company, has become the latest spin-out company to be launched with investment from the University of Glasgow….

Edinburgh scaleup firm Earth Blox has secured £6 million in new investment led by PXN Ventures with support from Scottish Enterprise, follow-on investment from Archangels…

First Minister John Swinney announced on Wednesday that Scotland’s first Center Parcs resort will create 1,200 permanent new jobs, as he visited the site near…

TDR Capital and I Squared Capital, the current private equity owners of Glasgow-based power generator rental giant Aggreko plc, are ramping up preparations for a…

Volvo Group said it will shut down the Newhouse, Motherwell-based loss-making Rokbak articulated hauler business within its Volvo Construction Equipment (CE) unit, citing supply chain…

About 72% of accounting professionals fear that generative artificial intelligence (Gen AI) could produce errors or reach incorrect decisions, according to a year-long research study…

Canadian mortgage billionaire Stephen Smith has agreed to buy a 26.9% stake in The Economist Group. Terms of the deal were not disclosed. Smith and…

Lothian Pension Fund has completed the £23.4 million acquisition of Hanover Buildings in Rose Street, Edinburgh, from Oval Real Estate. Lismore and CMS advised Lothian…

New research from the British Business Bank’s Small Business Finance Markets 2025/26 report shows the value of announced equity deals involving smaller Scottish businesses rose…

Glasgow media firm STV Group plc said on Tuesday its 2025 revenue fell 6% to £176.9 million and its total advertising revenue (TAR) declined 10%…

Abrdn European Logistics Income plc (ASLI), the fund which is in shareholder-approved managed wind-down, announced the disposal of a Dutch asset for €35 million. This…

Anderson Strathern Asset Management Limited (ASAM) has appointed Arlene Ewing as managing director as it looks to grow its team and services across Scotland. “Arlene…

The Baillie Gifford-managed £860 million Edinburgh Worldwide Investment Trust plc (EWIT) told shareholders on Monday its controversial tender offer for up to 100% of EWIT’s…

Shares of Glasgow-based Beeks Financial Cloud Group fell about 10% on Monday after it published unaudited results for the six months ended December 31, 2025,…

Savings and retirement giant Standard Life plc said it delivered £1 billion of free cash flow in 2025, comfortably covering its dividend of £548 million…

Edinburgh-based investment firm Aberdeen Group said that after more than 20 years with the business, Aberdeen Adviser CEO Noel Butwell “has taken the decision to…

Martin Gilbert’s asset management firm River Global Holdings (RGH) has agreed to be acquired by Liontrust Asset Management for an initial £7.6 million in Liontrust…

Baillie Gifford’s flagship investment trust company, the £15.2 billion Scottish Mortgage fund, will ask shareholders at a General Meeting on April 10 for approval to…

Scottish Enterprise said it has approved a £4.74 million package to deliver a major new development at the Advanced Manufacturing Innovation District Scotland (AMIDS) in…

Scottish Renewables has announced the appointments of a new chair and a new vice-chair, who will each serve three-year terms in their respective roles. Scottish…

Lloyds Banking Group — owner of Bank of Scotland, Lloyds and Halifax — said on Thursday it was investigating ​the causes of a glitch ‌that…

Edinburgh-based Capricorn Energy confirmed on Wednesday afternoon that it has received “multiple unsolicited non-binding proposals” from Alamadiyaf al-Masiyyah for Trading LLC, a member of the…

Revolut Bank UK Ltd said it has received regulatory approval from the Prudential Regulation Authority (PRA) to exit the mobilisation phase and launch as a…

Responsible finance provider Social Investment Scotland (SIS) has appointed Chris Jamieson to the newly created role of Head of Investment Partnerships and appointed Louisa Shanks…

Edinburgh-based renewable energy company Red Rock Renewables said it has reached financial close on a £62 million financing with Lloyds, HSBC and China Construction Bank…

Dubai-based Sidara, one of the world’s largest privately-owned architecture, engineering and consulting groups, said it has completed the acquisition of Wood Group, the troubled Aberdeen-based…

Beer and cannabis firm Tilray Brands, Inc. of North America announced the acquisition of BrewDog Brewing Australia Pty Ltd., including BrewDog’s Australian brewing and production…

The Baillie Gifford-managed £860 million Edinburgh Worldwide Investment Trust plc (EWIT) on Tuesday announced its intention to put forward a proposal to implement a tender offer…

Wheatley Housing Group — Scotland’s biggest social landlord — has announced trading results for the six months to September 30, 2025, showing turnover was £256.6…

Standard Life plc announced the appointment of Nuwan Goonetilleke as Interim Chief Investment Officer (CIO) and Retirement Solutions and Asset Management Chief Executive Officer (RS&AM…

University of Edinburgh spin-out BioCaptiva said it has raised £1.58 million in a new funding round and launched its first product in the US. BioCaptiva’s…

Breich-based Levenseat Resource Management (LRM) has announced an investment package of £8 million along with key appointments to its board of directors – positioning the…

Glasgow-based global intellectual property law firm Murgitroyd Group has announced the appointment of Barry Moore as managing director of its patents practice. Moore’s appointment follows…

Drinks firm C&C Group plc announced on Friday afternoon it has acquired the Innis & Gunn brand and associated global intellectual property for £4.5 million…

The £5.5 billion Dundee-headquartered investment trust company Alliance Witan plc said its share price total return for 2025 was 5.4% and its net asset value…

Mutually-owned Royal London, the life insurance, pensions and investment company, has announced its 2025 results showing assets under management increased to a record £199 billion,…

Scottish tech company founders have raised £257 million in investment since joining Techscaler, Scotland’s national tech scaleup programme, which was launched in 2022. The latest Techscaler annual…

The Accounts Commission has warned that urgent action is needed by Shetland Islands Council to address a £134.3 million projected budget gap by 2029-30. “The…

Aberdeen’s £2 billion Murray International Trust has reported a net asset value total return of 21.9% and a share price total return of 36% for…

The ScaleUp Institute’s inaugural Female Founder Scottish Index has revealed that while the growth of Scottish scaleups founded or co-founded by women is outpacing the…

Celtic Renewables, the Scottish green chemicals firm, said it has secured £16.23 million in public and private funding to scale its production of high-demand green…

James Watt, co-founder and former CEO of of Aberdeenshire craft beer firm BrewDog, has admitted that when he started the firm he “had no idea”…

The UK’s Financial Conduct Authority (FCA) said John Wood Group plc — the troubled Aberdeen-based engineering and consulting giant — has been fined £12.9 million…

Edinburgh-based Commsworld, in collaboration with CGI, primary provider of IT and business consulting services for Scottish Borders Council, has delivered a new smart CCTV system…

NatWest — the bank formerly known as RBS — has announced Adeel Hyder as its new Managing Director of Business Banking, leading the bank’s strategy…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said its 2025 revenue from continuing operations rose 6% to £2.565 billion and orders…

Maven Capital Partners announced the appointment of Ewan MacKinnon as managing partner, with founder and previous managing partner Bill Nixon moving to the role of…

Stirling-based construction, development, infrastructure and support services firm Robertson Group said Bill Robertson is to step back from daily involvement in the firm and that…

With International Women’s Day approaching on March 8, the Association of Investment Companies (AIC) has revealed that 42% of investment trust directorships are now held by women, but…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it has completed the acquisition of the remaining 50% share of its Chile-based…

Edinburgh-based investment firm Aberdeen Group plc said its profit before tax rose 72% £442m in 2025, a figure that included “a gain of £236m from…

Tilray Brands, Inc. of North America said on Monday it completed the acquisition of “certain highly strategic assets” of Aberdeenshire-based craft beer company BrewDog for…

Santander UK announced on Monday its intention to appoint Nicola Bannister as the new CEO of TSB Bank, dependent on regulatory approval being received for…

SSEN Transmission said it has accepted a new five-year funding settlement from energy regulator Ofgem — securing a big programme of investment for grid upgrades…

Standard Life plc, the retirement specialist focused entirely on retirement saving and income, has completed its name change from Phoenix Group Holdings plc and was…

Edinburgh-based Craneware plc, a provider of “healthcare financial performance solutions” for the US healthcare market, said its revenue rose 6% to $105.7 million in the…

Scottish Water has published its business plan for 2027–2033, setting out proposals to invest £13.4 billion to protect and improve water and wastewater services across…

Estate agents Savills said the Tulchan Estate, a 21,768-acre Highland sporting and rural estate on the River Spey, east of the Cairngorms National Park, is…

Trade body Salmon Scotland said an independent review has found that innovation in Scotland’s salmon farming sector in recent years has surged to almost £200…

London Stock Exchange Group (LSEG) said on Thursday it plans to execute a further £3 billion of share buybacks over the next 12 months as…

The Scottish Parliament has approved the 2026-27 Scottish Budget, which includes a record £22.5 billion for health and social care and enhanced cost of living…

Aberdeen Investments said that UK small cap companies yielded more than large caps last month for the first time in two decades “as smaller companies…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said its 2025 revenue increased 11% to £300.8 million but profit before tax fell 61% to…