Scottish Financial Review

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…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it will acquire Fast2Mine, a Brazilian based mining software provider. The Glasgow firm said…

A new initiative to support international growth for Scottish fintech companies has been launched, led by Scottish Enterprise and FinTech Scotland. The 18-month programme will…

South of Scotland Enterprise (SOSE) has announced the identity of the “key partners” who will be part of the Borderlands Deep Tech Accelerator Hub. The partners…

Edinburgh-based Artisanal Spirits Company (ASC), creator of limited-edition whiskies, said it signed a new financing agreement with Santander plc to replace — and on “preferential” terms…

Glasgow-based Beeks Financial Cloud Group said it has entered an agreement with TMX Datalinx, the information services division of TMX Group, the Canada-based firm which operates…

Celtic plc published its financial results for the year ended June 30, 2025, at 6.30pm on Friday, showing that its revenue increased 15.2% to £143.6 million…

St Andrews Links Trust announced on Friday a “robust financial performance” for 2024 with more than 280,000 rounds of golf played over its seven courses…

UK government borrowing in the five months to August 2025 was £83.8 billion — £16.2 billion more than in the same five-month period of 2024…

The UK central bank’s Monetary Policy Committee (MPC) has voted 7-2 to keep interest rates at 4% and two slow down the pace of the…

Lismore Real Estate Advisors has announced the sale of Sentinel, one of Glasgow’s most recognisable office buildings. Lismore advised Ardstone Capital investment managers on the £19.6…

Forth Ports announced it has been awarded Detailed Planning Consent and Listed Building Consent by The City of Edinburgh Council for its development on land…

Climate change and the associated costs of meeting the Scottish Government’s carbon emission targets will put significant pressure on the Scottish budget, the Scottish Fiscal…

Lanarkshire-based DataVita, a major provider of sustainable data centre solutions, said it is partnering with AI tech giant CoreWeave to bring to life its new…

Elgin-based house builder Springfield Properties plc said on Tuesday its profit before tax soared 96% to £19 million as revenue rose 5.3% to £280.6 million…

Bus maker Alexander Dennis, a subsidiary of Toronto-listed NFI Group Inc, said on Monday it intends to keep its Scottish manufacturing sites in Larbert and Falkirk…

A delegation from Scotland’s giant offshore wind sector led by Energy Secretary Gillian Martin is heading to Japan to strengthen trade and innovation ties and…

A prestigious international computer games conference — the DICE Europe summit — is being held in Edinburgh for the first time this week. Supported by…

Edinburgh-based investment giant Baillie Gifford has confirmed reports that it is considering making redundancies in an effort to “stay resilient.” Fewer than 50 staff may…

Edinburgh-based Craneware plc, a provider of software for the US healthcare market, said its revenue increased 9% to $205.7 million in the year ended June…

TSB bank’s Edinburgh headquarters has been put up for sale — with its owner seeking offers of over £18,550,000 for the property. Agent JLL said…

The manager of the £1 billion Murray Income Trust plc, the fund currently managed by Edinburgh-based investment giant Aberdeen, apologized to shareholders on Friday for the…

Scotland has been a “catalyst of the United Kingdom’s fortunes” throughout history and “can be that catalyst for the UK’s growth again” according to Confederation…

The Scottish Government said that targeted funding has delivered a significant increase in the number of trade missions involving Scottish exporters in 2025. The Scottish…

S&P Global Ratings said it has raised its long-term issuer credit rating on Lloyds Banking Group plc — parent of Bank of Scotland and Scottish…

A “State of the Circular Economy” report shows that circular sectors were already contributing more than £7 billion to Scotland’s economy and accounting for 81,447…

FinTech Scotland said it has appointed Clare Reid as Strategic Innovation Director and that she will focus on the Glasgow-based Financial Regulation Innovation Lab (FRIL)….

Edinburgh-based Artisanal Spirits Company (ASC), creator of limited-edition whiskies and experiences around the world, said revenue fell 4% to £9.7 million in the six months to June…

Scotland’s First Minister John Swinney has met US President Donald Trump at the White House, with Swinney arguing for a better tariff deal for Scotch whisky….

The UK’s National Union of Journalists (NUJ) said it has “decried substantial job cuts” announced by tabloid news publisher Reach plc as it accelerates its tech…

The latest Royal Bank of Scotland Growth Tracker report showed a fresh rise in Scottish private sector activity in August. Growth has now been observed…

Scotland’s First Minister John Swinney is visiting Washington D.C. this week to argue for the removal of Scotch Whisky tariffs that are currently costing £4…

Savings and retirement giant Phoenix Group said on Monday it will pull around £20 billion from Aberdeen as it moves more of its annuity-backing assets…

Phoenix Group, the UK’s largest savings and retirement business, confirmed on Monday a previously announced plan to change its name to Standard Life plc. Phoenix, which…

The Scottish Government’s Transport Secretary Fiona Hyslop has announced the electrification of Fife and Borders railways with 69 new, more reliable trains being procured. “The announcement…

UK Prime Minister Keir Starmer has reshuffled the UK government following the resignation of his deputy Angela Rayner. In a surprise move, Lothian East Westminster…

Royal London Asset Management, the £181 billion fund management arm of Royal London, the UK’s largest mutual life, pensions and investment company, announced the appointment…

The UK’s Financial Conduct Authority (FCA) said it is investigating whether the London Stock Exchange Group (LSEG) and the landlord of the London Stock Exchange…

UK central bank governor Andrew Bailey is to deliver a keynote address at Scotland’s Global Investment Summit next month. The event will be held at…

Lloyds Banking Group (LBG) — which owns Bank of Scotland, Scottish Widows and Halifax — is to warn about 3,000 of its staff that they…

The Scottish National Investment Bank — Scotland’s development bank — announced that current non-executive director Carolyn Jameson has been appointed as its new senior independent…

The managers of the Abrdn UK Smaller Companies Growth Trust plc said they believe “we are still in the early stages of recovery for smaller companies, with…

Liz Cameron, chief executive of the Scottish Chambers of Commerce (SCC), has announced she will step down after 21 years of leadership at Scotland’s largest…

Glasgow-based Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, announced that it secured over $7 million of new Private Cloud contracts…

Dentons, the global law giant, has elected Susan Kelly as non-executive chair of its global board, succeeding Nick Park, effective November 10, 2025. Kelly is a banking…

Scotland’s First Minister John Swinney announced on Wednesday that new awards of public money to defence companies involved with Israel will be halted — as…

Scottish Rugby said Scotland head coach Gregor Townsend has agreed to extend his contract until the end of 2027, following the Rugby World Cup in…

A new report from Offshore Energies UK (OEUK) claims that reforming the UK government’s windfall tax would “add an extra £137 billion to the UK economy, support 23,000…

The 30-year borrowing costs of the UK government rose to their highest levels since 1998 on Tuesday and sterling fell over 1% as major investors…

Angel Capital Scotland (ACS), the newly established successor body to LINC Scotland, announced the appointment of Margaret Morton as its inaugural chief executive officer. Morton…

Aberdeen-based consulting and engineering giant John Wood Group said it has secured a three-year contract extension to provide operations, maintenance, modifications and support services (OMMS) on…

Scottish businesses supported by Scottish Enterprise have delivered their highest-ever level of planned international sales — reaching an unprecedented £2.46 billion during 2024-25, a 20% increase on the previous…

Glasgow-based Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, said it has “secured a small minority stake” in Liquid-Markets-Solutions (LMS),…

Scottish Engineering CEO Paul Sheerin said on Monday that “the path to recovery hinted at in last quarter’s survey has continued, albeit in slower and…

Aberdeen announced on Monday a strategic partnership with Titanbay, a European private markets infrastructure provider, to “help UK distributors and wealth managers surmount operational and…

Edinburgh-based Craneware, a provider of software for the US healthcare market, announced on Monday the refinancing of its banking facilities “providing increased flexibility to execute…

The UK government said billions of pounds will be pumped into the UK economy following Norway’s decision to select British warships for its Armed Forces…

UK Chancellor Rachel Reeves has been asked to give a “lifeline” to whisky distillers in the Autumn Budget as the Scotch industry revealed there have…

Dubai-based Sidara finally announced on Friday afternoon a proposed deal to take over John Wood Group, the troubled Aberdeen-based global engineering and consulting giant. But in…

Invergordon-based Albyn Housing Society — one of the largest housing associations in the Highlands — said it is pushing ahead with an ambitious plan to…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it has completed the acquisition of Florida-based Townley Engineering and Manufacturing Co., Inc. and…

Had-Fab, the Tranent-based structural engineering and metal fabrication firm, has secured more than £100 million of contracts with SSEN Transmission in the north of Scotland….

Chivas Brothers, the Scotch whisky business of Pernod Ricard, announced its performance for the year to June 2025, with net sales down -3.4% compared to…

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, said its revenue increased 13% to £146.6 million in the six months to June 30, but its…

Baillie Gifford announced it has joined the Independent Investment Management Initiative (IIMI) in the UK — a group for “investment boutiques” — saying that “industrialisation…

Scotland’s onshore GDP grew 0.6% in June 2025, according to statistics announced by the Chief Statistician. This follows a revised growth of 0.1% in May…

Eyemouth port has announced ambitious plans to develop a new £250 million deep-water harbour as part of the Eyemouth Harbour Masterplan — positioning the Scottish…