Scottish Financial Review

NatWest-RBS announced completion of the acquisition of wealth manager Evelyn Partners for £2.7 billion enterprise value. “The Transaction creates the UK’s leading Private Banking and Wealth…

Aberdeen Investments and Rock Rail said they have reached a £800 million first close for a new platform investing in the next generation of UK…

Scottish Power, owned by Spain’s Iberdrola, is calling for a portion of bad household energy debts to be pooled and sold to banks as part…

Shetland Islands councillors have decided to “approve the recommendations for options to be taken forward to the next stage” of its Inter-island Transport Connectivity Programme,…

Creative Scotland said its CEO Iain Munro is to step down from his position later this year “after thirty years of public service for the arts,…

SSEN Transmission, SSE plc’s electricity transmission business, has welcomed publication by the National Energy System Operator (NESO) of its “Beyond 2030 Update” setting out a…

Glasgow protective packaging firm Macfarlane Group announced the “de-risking” of the Macfarlane Group plc Pension & Life Assurance Scheme (1974) through the scheme’s purchase of…

Glasgow-based whisky, gin and rum company Edrington — owner of The Macallan, Highland Park and The Glenrothes — said its core revenue slipped 3% to…

Texas-based energy software firm Quorum Software announced the acquisition of Glasgow-based Streamba, which it called “an AI-native supply chain platform purpose-built for energy.” Quorum said:…

NatWest-RBS announced the appointment of Erminia (Ernie) Johannson as an independent non-executive director with effect from July 1, 2026. “Ernie most recently served as Group…

Andy Burnham, the Labour MP hoping to replace Keir Starmer as ​UK prime minister, said his plans for the UK are consistent with the Labour…

Responsible finance provider Social Investment Scotland (SIS) has announced five new additions to its board of directors, bringing fresh expertise in HR, philanthropy, community finance,…

UK food and drink exports fell 4.8% to £5.7 billion in the first quarter to March 31, 2026, according to the UK Food and Drink…

The £11.1 billion Lothian Pension Fund, Scotland’s second-largest Local Government Pension Scheme, published its unaudited Annual Report and Accounts for 2025-2026 showing it “continues to…

The UK’s Financial Conduct Authority (FCA) on Friday finally published a consultation paper on proposed changes to its UK Listing Rules for closed‑ended investment funds…

The £275 million Baillie Gifford UK Growth Trust plc said its net asset value (NAV) total return was 15.6% for the year to April 30,…

The Scottish economy has continued to demonstrate resilience despite ongoing uncertainty arising from tensions in the Middle East, according to the latest Quarterly Economic Commentary…

Future Group, an Australian superannuation and financial services firm, has announced a partnership with Aberdeen Investments to invest in global infrastructure opportunities. “Through this partnership,…

The pension savings of British people should be invested by default in UK shares and the government should rethink tax relief where savings are invested…

Power producer ContourGlobal has acquired the Wallace large battery storage project in Ayr from several sellers including New Energy Partnership Limited, a UK developer. ContourGlobal,…

Infrastructure group Balfour Beatty said it has been awarded a two-year contract worth £325 million by Scottish and Southern Electricity Networks (SSEN) to deliver the…

SSEN Transmission, SSE plc’s electricity transmission business, has published a new economic report outlining the economic benefits from SSE’s planned £29 billion investment in new…

Nine banks have been appointed to a framework that will advise and support on the delivery of the Scottish Government’s inaugural £1.5 billion bonds programme…

Construction has begun near Edinburgh on the site of the UK’s most powerful computer — which is owned by UK Research and Innovation (UKRI) and…

Aberdeen Group plc said on Thursday its direct-to-consumer (D2C) investment platform Interactive Investor business (ii) is expected to achieve record net flows in excess of…

Wood Mackenzie, the Edinburgh-based global consultancy for the energy and natural resources industries, has announced the acquisition of Colorado-based LandGate. Wood Mackenzie said the deal…

Wood Group, the Aberdeen-based engineering and consulting giant now owned by Dubai-based Sidara, said it has been awarded a Long-term Agreement (LTA) by Saudi Arabian…

Persimmon Homes announced that West Lothian Council approved its development near West Calder — located near the Five Sisters shale bings between the the east…

Trade body Scottish Financial Enterprise (SFE) announced that Angela McCann, head of Morgan Stanley’s Glasgow office and Glasgow finance division, has joined SFE’s board of…

Shares of Iomart Group plc, the Glasgow-based secure cloud services firm, fell another 20% on Tuesday to around 14p after it published results for the…

The Edinburgh TV Festival said it will move its host city after 50 years to Greater Manchester from 2027 onwards, citing “affordability, accessibility and sustainability.”…

New statistics showing Scotland’s foreign direct investment (FDI) attractiveness is at record levels are a testament to what the country has to offer, First Minister…

By Mark McSherry The UK’s Financial Conduct Authority (FCA) announced that, for the first time, market participants can access a single, real-time source of prices…

Edinburgh investment group Baillie Gifford said it has launched the Baillie Gifford Enhanced Yield Fund (BAGEY) with BNY — delivering what it called “the first…

UK Prime Minister Keir Starmer said on Monday he will resign — pledging to ​ensure an orderly transfer of power to a new UK leader…

By Mark McSherry UK stock funds have suffered persistent annual net outflows — around $160 billion, cumulatively — since England and Wales voted to take…

Edinburgh-based investment giant Aberdeen Group said it undertook 1,698 Environmental, Social and Governance (ESG) engagements in 2025 across public markets investments and voted on 76,809…

Property firm Rettie said that after more than 30 years since founding the business, Simon Rettie will transition into the role of chair, with Becky…

UK government borrowing was £23.3 billion in May 2026 — £5.4 billion or 30.4% more than in May 2025, and £5.6 billion more than the…

Shares of Aberdeen-headquartered bus and rail giant FirstGroup plc rose about 9% after it published results for the 52 weeks to March 28 and announced…

Edinburgh-based investment giant Baillie Gifford said it has launched its $2.7 million Islamic Global Equities Fund. Baillie Gifford said the fund is built for professional…

The Scotch Whisky Association (SWA) has welcomed the announcement by the UK Government that the UK-India Free Trade Agreement will enter into force in July…

By Mark McSherry The UK government said it will review defined benefit pension transfer rules following the “novel” deal announced in December when Edinburgh-based investment…

Strathclyde Partnership for Transport (SPT) announced it has appointed Jamie Ross as its new chief executive. SPT is responsible for delivering and supporting public transport…

Weir Group, the Glasgow-based FTSE 100 global mining technology firm, said it secured a multimillion-dollar contract in quarter two with a major Chinese non-ferrous metals…

The proportion of young people in Scotland going into education, training or work nine months after finishing school is the joint highest since records began,…

Scotland’s First Minister John Swinney has lodged a motion in the Scottish Parliament seeking agreement to recommend that Ruth Charteris KC and Brian Gill KC,…

SSEN Transmission has unveiled plans to develop a new £150 million training facility in the north east of Scotland, supporting the next generation of electricity…

The Renewables Infrastructure Group Limited (TRIG), a London-listed renewable energy investment company, said it agreed to dispose of its entire 17.5% stake in the Beatrice…

The Scottish Government said First Minister John Swinney will visit Kentucky “to build on President Trump’s commitment to remove the 10% tariff for whisky.” The…

Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, said it secured a five-year software contract with an existing…

Heriot-Watt University in western Edinburgh has appointed two entrepreneurs to help scale the next generation of Scottish start-ups and strengthen links between academia, industry and…

(Updates with details of first day trading in final paragraph) By Mark McSherry Edinburgh-based investment group Baillie Gifford on Friday outlined the success of the…

Glasgow-based media firm STV Group plc on Friday announced the appointments of Mark Hoad as an independent non-executive director of the company and chair of…

Scotland’s councils face managing a budget gap of around £529 million for their 2026-27 daily operating costs — around 3% of their revenue funding —…

Business activity fell across Scotland’s private sector midway through the second quarter, the latest Royal Bank of Scotland Growth Tracker showed. The headline Royal Bank…

SpaceX’s IPO will test more than investor appetite for growth — it will test their willingness to embrace a new model of public equity ownership:…

Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, has announced three more contract wins across its Analytics, Proximity…

Edinburgh-registered Lloyds Banking Group (LBG) — owner of Bank of Scotland, Scottish Widows and Halifax — announced the appointment of Danuta Gray as a non-executive…

Trade body Salmon Scotland said sales of Scottish salmon surged in the 12 months to April to almost £1.6 billion as demand for the UK’s…

Institutional investors are urging the semi-autonomous Scottish Government to stick to selling shorter-term debt securities as it ‌prepares its debut bond sale, according to reports…

South of Scotland Enterprise (SOSE) said it has sold the Ettrick Riverside Business Centre in Selkirk to established workspace operator Corespace, which will continue operating…

A new report published by the Scottish Land Commission says a “more cautious and selective approach” to buying land is emerging across Scotland’s rural land…

The value of residential property sales in Scotland reached a record high of £24.3 billion in 2025-26, an increase of 7% on 2024-25, according to…

Jeffrey Sharkey has announced that he will step down as Principal of the Royal Conservatoire of Scotland (RCS) at the end of the 2026-27 Academic Year. Sharkey, a…

Debbie Crosbie, CEO of building society Nationwide, has seen her total pay package almost double since the member-owned mutual’s takeover of Virgin Money, according to…

James Watt, co-founder and former CEO of Aberdeenshire craft beer firm BrewDog, said in a social media post on Monday he hopes to one day…

Shares of Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, rose almost 20% after it secured its first…

The Scottish National Investment Bank — Scotland’s development bank — said it has committed £50 million to acquire a minority stake in and help fund…

The semi-autonomous Scottish Government has started discussions with institutional investors as it ‌prepares its debut bond sale, according to Reuters, citing “three people familiar with…