Scottish Financial Review

Glasgow-based Beeks Financial Cloud Group, a connectivity provider for financial market trading, said on Thursday its revenues increased 32% to £7.35 million and underlying profit…

Dundee-based investment firm Alliance Trust, which appointed external asset managers Willis Towers Watson in 2017, said on Thursday that Scottish boardroom veteran Robert Smith has decided…

The chief executive of Newcastle-based bus and rail giant Go-Ahead Group has signalled potential interest in Aberdeen-based FirstGroup’s under-review UK bus division. Speaking to the…

Shares of Glasgow-based banking group CYBG — owner of Virgin Money, Clydesdale Bank and Yorkshire Bank — fell more than 20% on Thursday after it…

The Scottish Salmon Company PLC (SSC) has said it could reach a decision on whether to sell all or part of the company by the…

Glasgow-based banking group CYBG — owner of Virgin Money, Clydesdale Bank and Yorkshire Bank — said on Wednesday evening it expects to increase its provisions for…

Shares of troubled Glasgow-based fashion firm Quiz fell another 15% on Wednesday after it issued a downbeat trading update covering the financial year-to-date at its AGM….

Royal Bank of Scotland (RBS) said on Wednesday it expects to face a further charge of up to £900 million to settle a final compensation…

Whisky and spirits giant Diageo is facing the possibility of disruption to its substantial Scottish operations after unions announced a planned series of strikes in…

First Minister Nicola Sturgeon announced on Tuesday a 2019-20 Programme for Government that includes a “Green New Deal’” that harnesses the power of the new…

French energy giant Total could invest up to $10 billion in the North Sea over the next five years, CEO Patrick Pouyanne said on Tuesday. …

UPDATE 3 — Edinburgh-based Tesco Bank announced on Tuesday the sale of its mortgage portfolio to Lloyds Banking Group for £3.8 billion in cash. “The…

Shares of Edinburgh-based Craneware, a software firm that specializes in US healthcare, rose 4% on Tuesday to recover some lost ground after the firm said its…

Glasgow-based media firm STV Group plc said on Tuesday its revenue for the six months to June 30 fell 5% to £54.9 million “primarily due to…

The Scottish Government said on Monday afternoon that the Lord Advocate  James Wolffe QC has lodged applications to intervene in two legal cases “aimed at…

West of Shetland oil and gas explorer Hurricane Energy plc on Monday gave investors an update on its important Lancaster field, where it achieved “First…

Glasgow-based packaging and distribution firm Macfarlane Group said on Monday it acquired Leyland Packaging Company (Lancs) Limited for up to £3.25 million. “The acquisition is in…

S&P Global Ratings said global new bond issuance through July 2019 totaled $3.96 trillion, up 8.9% on the same stage of 2018. “The increase is…

The Scotch Whisky Association (SWA) said on Friday that official HMRC figures show the value of Scotch Whisky exports increased 10.8% to £2.19 billion in…

Osborne+Co, the property investment firm behind the development for 3,000 employees at Argyle Street in Glasgow’s International Financial Services District (IFSD), said on Thursday it…

Ruth Davidson quit as leader of the UK Conservative Party in Scotland on Thursday, claiming she felt conflicted over Brexit and that she wanted to…

The Scottish Government’s Finance Secretary Derek Mackay is demanding that the UK Government “provide clarity” on the economic impact of a ‘no deal’ Brexit to…

Troubled East Kilbride-based Goals Soccer Centres plc said on Thursday it has “commenced a process to invite offers for the business and assets of the company.”…

New Jersey-based data analytics firm Verisk, owner of Edinburgh-based consultancy Wood Mackenzie, said it agreed to acquire Genscape, a provider of intelligence for commodity and…

The total value of commercial property sales in Scotland fell to £614 million in the second quarter of 2019 — the lowest in five years…

Enhanced 4G and 5G capability has the potential to increase Scotland’s GDP by £17 billion by 2035, according to a new report from Scottish Futures…

Law firm Aberdein Considine’s latest quarterly Property Monitor recorded residential property transactions in Scotland worth more than £8 billion between January and June this year. That’s the…

Leading Scottish think tank Fraser of Allander Institute (FAI) on Friday criticised as “pretty shocking” what it called the “level of misinformation and bad analysis”…

Scottish Rugby said on Friday it has appointed prominent English RFU coach Jim Mallinder as its new performance director. According to London newspapers, Mallinder was…

The Competition and Markets Authority (CMA) said on Friday it has taken action against Royal Bank of Scotland (RBS) and Santander after they “failed to…

Aberdeen-based engineering and oil services giant Wood plc said it has been appointed by the World Bank to “assess the potential of shifting freight movements…

Glasgow-based packaging and distribution firm Macfarlane Group said on Thursday its first-half turnover rose 5.4% to £107.5 million and profit before tax was 8.7% higher…

A Scottish company and a Dutch port are working on launching a new freight ferry line ahead of the UK’s possible exit from the European…

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 Miller Homes said on Wednesday its revenue rose 10% to £389.2 million and its operating profit rose 10% to £77.8 million in the six nonths…

Scotland’s 2018 GDP, including oil and gas extraction in Scottish waters, has been estimated at £179.5 billion or around £32,900 per person — compared to…

Public sector revenue in Scotland reached £62.7 billion in 2018-19, exceeding £60 billion for the first time, with Scotland’s onshore revenues increasing 5.1% to reach…

Royal Bank of Scotland said on Tuesday it is working to fix an IT problem that has left RBS and NatWest credit card customers unable…

Aberdeen-based engineering and oil services giant Wood plc said on Tuesday it agreed to sell its nuclear business to US group Jacobs for $305 million to…

Pub operator Greene King, owner of Belhaven, on Monday agreed to a £2.7 billion cash bid from the Hong Kong-listed company founded by Li Ka-Shing,…

The influential Business Roundtable in the United States on Monday announced a new “Statement on the Purpose of a Corporation” signed by 181 CEOs that…

The Scottish Government said it has reached an agreement with administrators to take the Ferguson Marine shipyard in Port Glasgow into public control. “The agreement…

Trading was delayed for almost two hours on Friday on the UK blue chip FTSE 100 and midcap stock indexes due to a technical glitch….

Edinburgh-based investment giant Standard Life Aberdeen said on Friday it has launched the latest stage of its massive share buyback programme. The latest stage involves buying…

Edinburgh Airport has recorded the busiest ever month for a Scottish airport for the second time as a total of 1,508,586 passengers passed through the…

Norwegian state-owned energy giant Equinor and its partners on Thursday announced first oil from the massive Mariner field in the UK North Sea. The field…

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…

Aberdeen-based international bus and rail giant FirstGroup plc said on Thursday it appointed former Arriva CEO David Martin as its chairman with immediate effect. Martin had…

Shares of Edinburgh-based video security company IndigoVision rose 3% on Wednesday after it said its revenue increased 8.3% to $24.1 million in the six months…

Aberdeen-based bus and rail giant FirstGroup plc said on Wednesday its First Trenitalia partnership has been awarded the contract to operate the lucrative train services on…

Edinburgh-based investment giant Standard Life Aberdeen plc said on Wednesday it sold a £374 million stake in India’s HDFC Life Insurance Company Limited. The sale…

The Scottish and Welsh Governments have raised serious concerns about the impact of a “no-deal” Brexit on the hugely successful Europe-wide international student exchange program…

Shares of Edinburgh-based aviation servicing company John Menzies fell 3% on Tuesday after the firm reported a first-half loss and said it was affected by…

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…

Dundee entrepreneur Tim Allan has been named as the new chair of the board of V&A Dundee. Allan succeeds Lesley Knox, the founding chair of…

The private sector economy in Scotland approached stagnation in July, growing only fractionally, according to the latest Royal Bank of Scotland PMI report. “Order books…

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…

Troubled East Kilbride-based Goals Soccer Centres plc confirmed on Monday that “actions undertaken” by former CFO Bill Gow and former CEO Keith Rogers “form part…

New figures from HMRC show that overseas sales of Scottish salmon rose 25% to £319 million in the first half of 2019 compared to the…

Royal Bank of Scotland (RBS) has selected Alison Rose as its next chief executive — an appointment which would make her the first woman to…

The UK economy shrank for the first time since 2012 in the second quarter of 2019 as manufacturing and construction both slumped. Production output fell…

Scottish Rugby said it is now in its best net cash position for more than 25 years after its 2018-2019 annual report showed it achieved…

Stewart Milne Homes has become the sixth housebuilder to get involved in the Shawfair new town project south east of Edinburgh after its developers concluded the…

Ongoing lack of supply of houses and high demand in Edinburgh, the Lothians, Fife and the Borders will likely continue driving up selling prices, making…

Permanent job openings in Scotland rose further in July — but the rate of growth eased for the fourth month running and was the joint-weakest…

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…

Research conducted by engineers and chemists from the University of Glasgow and the University of Strathclyde has helped develop an artificial “tongue” which can taste…

Buccleuch — one of Scotland’s biggest private landowners — on Tuesday published group financial statements for the year ending October 31, 2018, showing group turnover of…

Forth Ports confirmed on Tuesday that — in partnership with Direct Rail Services (DRS) and Eddie Stobart — the freight rail service which provides a…