SSE sells £350m wind farm stake to Greencoat
SSE, the Perth-based renewable energy and electricity networks giant, said on Tuesday it agreed to sell its 25.1% non-operating stake in Walney Offshore Wind Farm…
SSE, the Perth-based renewable energy and electricity networks giant, said on Tuesday it agreed to sell its 25.1% non-operating stake in Walney Offshore Wind Farm…
Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) on Thursday gave an update on its proposal last month to cut up to 650 jobs across the…
Danish firm Vestas, the world’s largest wind turbine maker, said on Wednesday it won a 443 MW order from SSE Renewables for the Viking wind…
Aberdeen Standard Investments said on Tuesday its Aberdeen New India Investment Trust saw its assets fall 23.1% to £241.5 million and stock market value fall…
Aberdeen Standard Investments said on Friday the assets in its Murray International Trust plc fell from £1.73 billion to £1.53 billion in the six months…
Edinburgh-based Aegon UK — owned by Dutch investment giant Aegon NV — said on Thursday its 2020 first-half underlying earnings rose 17% to £71 million compared…
Royal London said on Monday it made a pre-tax loss of £181 million in the first half of 2020 compared to a profit of £397 million in…
Standard Life Aberdeen said on Friday its first-half adjusted profit before tax fell 30% to £195 million while assets under management and administration slipped 6% to…
Over 70 asset management firms with $16 trillion of assets have developed the first-ever Net Zero Investment Framework that “provides the first-ever practical blueprint for…
SSE, the Perth-based renewable energy and electricity networks giant, said on Tuesday it appointed John Manzoni to succeed Richard Gillingwater as SSE chair. Manzoni held…
Edinburgh funds platform Nucleus Financial Group said on Friday its assets under administration recovered to end the first half of the year to June 30 at…
Dundee investment trust company Alliance Trust plc, which now uses external fund managers Willis Towers Watson (WTW), said on Thursday the first six months of…
Perth-based renewable energy and electricity networks giant SSE plc said in a trading statement on Thursday it will maintain its plans to invest £7.5 billion…
Perth-based renewable energy and electricity networks giant SSE and Iberdrola’s Scottish Power both slammed a proposal on Thursday by the UK’s energy regulator Ofgem to cut…
Shares of Perth-based renewable energy and electricity networks giant SSE plc rose 9% on Wednesday after it committed to building the largest onshore wind farm…
BP plc said on Monday it plans to write off up to $17.5 billion from the value of its assets after cutting its long-term forecasts…
Perth-based energy giant SSE plc said on Wednesday its SSE Renewables business agreed to sell a 51% stake in its massive Seagreen 1 offshore Scottish…
The Scottish government said on Wednesday that billions of pounds would be wiped from a Scottish economy already hit hard by the Coronavirus crisis if…
Scottish Friendly, Scotland’s largest financial mutual, on Thursday announced record sales of Investment ISAs — also known as stocks and shares ISAs — as it…
Perth-based energy giant SSE plc said on Tuesday it has urged the UK government to “stimulate investment in a world-leading electric vehicle charging network and bring…
Ovo Energy on Tuesday announced proposals to cut 2,600 jobs across SSE Energy Services and Ovo “largely through voluntary redundancy over the course of 2020.”…
Edinburgh-based asset management giant Standard Life Aberdeen said on Tuesday its assets under management and administration at April 30 stood at £490 billion, with estimated…
Scotland’s universities warned on Monday they are facing £500 million of losses next year “based on a scenario which sees a 50% drop in international…
Standard Life Aberdeen CEO Keith Skeoch said on Thursday that global markets “have passed the point of maximum panic” amid the coronavirus pandemic but have…
Perth-based energy giant SSE plc said late on Tuesday it successfully launched a €1.1 billion “5 and 10 year dual tranche” Euro bond with €600…
Perth-based energy giant SSE plc said on Friday the coronavirus crisis “has not so far had any material impact” on its financial results for 2019-20…
Royal London said its assets under management rose 22% to a new high of £139 billion as net inflows rose 29% to £9.89 billion in…
The Scottish Government’s finance secretary Kate Forbes on Saturday announced new measures to help limit the impact of COVID-19 on the business community in Scotland. She…
Edinburgh Airport warned on Friday it is facing the potential of three months of “zero or close to zero passenger demand” due to the coronavirus…
Edinburgh-based asset management giant Standard Life Aberdeen said on Tuesday its assets under management and administration were £544.6 billion at December 31, 2019, down slightly…
SSE Renewables said it agreed to sell its 18.8MW Slieve Divena II Wind Farm in Northern Ireland to Greencoat UK Wind for £51 million. Slieve…
Edinburgh-based Aegon UK — owned by Dutch investment giant Aegon NV — said on Thursday it delivered underlying earnings of £61 million in the second half…
Global institutional pension fund assets in the 22 largest major markets — the so-called P22 — bounced back in 2019, soaring by 15% to $46.7…
Scotland’s First Minister Nicola Sturgeon was in Brussels on Monday for a series of engagements talking about Scotland’s future relationship with the EU. Speaking to…
Shares of Edinburgh-based funds platform Nucleus Financial Group rose 3.5% on Friday after it published an update on its assets under administration (AUA) in respect of the three months…
Perth-based energy giant SSE plc said in a trading statement on Friday its renewable energy output for the first nine months of its fiscal year…
Legislation to establish a Scottish National Investment Bank has been passed unanimously by the Scottish Parliament. The bank is expected to be operational before the…
A total of 14,747,830 people travelled through Edinburgh Airport last year, making 2019 the busiest in the airport’s history and the busiest ever year for…
Shares of Perth-based energy giant SSE plc rose 2% on Wednesday after it finally completed the sale of SSE Energy Services, its household energy business in…
UPDATE 3 — Aberdeen-based global bus and rail giant FirstGroup plc, under pressure from activist investors, said on Monday it appointed advisors to “formally explore…
Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…
Perth-based energy giant SSE plc on Tuesday welcomed the UK Competition and Markets Authority’s decision to clear the proposed £500 million sale of SSE Energy…
Aegon Asset Management said it will “retire” its Edinburgh-based Kames Capital brand in 2020 as it plans to integrate its European and US businesses “and…
Edinburgh-based financial sector recruitment and headhunting company Core-Asset Consulting said on Monday it has recorded its best ever set of annual results. Core-Asset said it…
Perth-based energy giant SSE plc on Wednesday warned of challenges for energy firms due to the UK election next month and the Labour Party’s plans to…
The Businesses in Scotland 2019 report shows that as of March 2019 there were an estimated 356,550 private sector businesses, including micro businesses, operating in…
Glasgow-based mutual Scottish Friendly announced on Wednesday a substantial acquisition of life and pensions policies from financial services provider Canada Life. The deal sees Scottish…
Edinburgh-based funds platform Nucleus Financial Group on Friday published an update on its assets under administration (AUA) for the three months to September 30, 2019. Nucleus said its…
UPDATE 2 — The UK’s Competition and Markets Authority (CMA) said on Thursday it will investigate whether OVO Energy’s £500 million deal to buy Perth-based…
SSE Renewables, which is leading the development of Dogger Bank Wind Farms, the largest offshore wind farm in the world, said on Tuesday the project…
A bill to support the set-up of the Scottish National Investment Bank and help put green investment at its heart has passed stage one, following…
One quarter (25%) of assets managed by UK-headquartered investment management firms are controlled by companies with headquarters in Scotland, according to the annual report of…
Perth-based energy giant SSE plc said on Friday it agreed to sell its energy retail arm SSE Energy Services to Ovo Group for an enterprise…
Edinburgh-based funds platform Nucleus Financial Group said on Tuesday its assets under administration (AUA) increased 6.9% year-on-year to £15.3 billion as it published results for the six months ended…
Perth-based energy giant SSE said on Wednesday it will cut energy bills for customers on its standard tariff from October 1 — with prices falling…
Edinburgh-based Aegon UK said on Thursday its total assets administered on behalf of customers hit £173 billion as its Dutch parent firm announced first-half results. Aegon…
Royal London said its assets under management (AUM) hit a record of £130 billion in the first half of the year “due to market growth…
Assets in UK investment trusts have exceeded £200 billion for the first time, reaching a record £200.3 billion on July 31, 2019, according to the…
Perth-based energy giant SSE plc has confirmed it is in talks with Ovo Group about the potential sale of its energy retail arm which serves…
Edinburgh-based investment giant Standard Life Aberdeen plc (SLA) said on Wednesday its assets under management and administration rose 5% to £577.5 billion in the first half…
Edinburgh-based funds platform Nucleus Financial Group on Friday gave an update on its assets under administration (AUA) for the three months to June 30, 2019. Nucleus…
Standard Life Aberdeen plc (SLA) on Wednesday announced details of its settlement with Lloyds Banking Group (LBG) and Scottish Widows in relation to arbitration proceedings…
The number of businesses in Scotland has increased by 46% — or 106,585 –since 1999 when the Scottish Parliament was re-established, according to new research…
Perth-based energy giant SSE plc on Thursday reported a 1.2% dip in GB domestic customer accounts and stuck to its full-year targets despite seeing a…
European leaders have agreed on who should fill the top jobs for its main institutions after a marathon summit. France’s Christine Lagarde has been proposed…
Glasgow-based banking group CYBG — owner of Virgin Money, Clydesdale Bank, Yorkshire Bank and digital brand B — on Wednesday announced three new appointments to…
Perth-based energy giant SSE plc said on Wednesday it has created a new, separate, board for its household supply business SSE Energy Services ahead of…
Perth-based energy giant SSE said on Wednesday its reported profit before tax for the year to March 31, 2019, rose 59% to 1.37 billion, boosted…
Edinburgh-based investment giant Standard Life Aberdeen plc said on Tuesday its assets under management and administration rose 3% to £568.9 billion as at March 31, 2019…
Perth-based energy giant SSE is to cut 444 jobs in its retail business amid tough competition and the introduction of a cap on energy prices….