Gilbert’s AssetCo grows assets to £12bn

Martin Gilbert’s investment firm AssetCo plc has announced results for the year ended September 30, 2021, during which it grew its assets under management from zero to…





Salmon sales in UK soar to £1.1bn

Salmon Scotland announced that sales of salmon in UK shops soared to £1.1 billion last year. “UK market demand over 2021 saw fresh, chilled salmon…




£350m Haymarket development fully let

M&G Real Estate and its property development partner Qmile Group announced they have pre-let all 390,000 sq ft of Grade A office accommodation at the £350…





Lloyds Banking Group pension in £5.5bn deal

French reinsurer SCOR has announced a £5.5 billion “longevity transaction” with Lloyds Banking Group Pensions Trustees. Lloyds Banking Group (LBG) is the owner of Bank…


Menzies consults shareholders on £469m offer

John Menzies plc, the Edinburgh-based aviation logistics giant, said it has engaged with its shareholders following its board’s unanimous rejection of the roughly £469 million…



Scots finance facing massive candidate shortfall

A “massive” shortfall of candidates and pressure to significantly increase salaries and perks “makes grim reading” for financial services sector businesses in Scotland, according to…


Anderson: fund management now inward looking

Baillie Gifford legendary investor James Anderson has said fund management “has inherently become inward looking” too often obsessed with share buybacks and dividends. Anderson said…





Scottish salmon exports up 36% to £614m

Scottish salmon exports recovered to near-record figures in 2021, according to new figures released by the UK Government on Friday. Reinforcing its place as the…











SSE Thermal appoints Catherine Raw as MD

SSE, the Perth-based renewable energy and power networks giant, announced that former Barrick Gold and Blackrock executive Catherine Raw will join the company as managing…



LendingCrowd closes £100m SME funding deal

Edinburgh-based fintech lending platform LendingCrowd said it has closed a £100 million funding deal with Barclays Bank and a “large global investment firm” to support SMEs…




Forth Ports acquires heavy lift plant firm OMHL

Forth Ports, which owns and operates eight commercial ports across the UK, has announced the acquisition of Dundee-based specialist heavy lift plant firm OMHL. “This acquisition…


Royal London ends merger talks with LV=

Royal London said on Wednesday its discussions on a potential merger with mutual life insurer LV= — formerly known as Liverpool Victoria — have ceased. Royal…


Menzies rejects £469m bid from Kuwait firm

Edinburgh-based aviation logistics giant John Menzies plc said on Wednesday it has turned down a “preliminary and unsolicited” takeover proposal worth roughly £469 million in…








Innovid buys $160m TVSquared, Smeaton steps down

Edinburgh-based TV advertising analytics firm TVSquared has been acquired by New York-based Innovid in a cash and stock transaction valued at $160 million. TVSquared CEO Calum Smeaton…


Royal London in revived merger talks with LV=

Royal London confirmed on Monday it has had “initial, exploratory discussions” with mutual life insurer LV= — formerly known as Liverpool Victoria — about a potential merger….


Waverleygate sold for $106m to Beverly Hills firm

Beverly Hills-based international real estate investment company Kennedy Wilson said it has acquired Waverleygate, the historic prime office building opposite the Balmoral Hotel in central…












Cumming among three big Newton Investment hires

Newton Investment Management, part of BNY Mellon Investment Management, announced it hired veteran Scottish fund manager David Cumming and Abrdn portfolio manager Georgina Cooper for its…



OGUK drops oil, gas from name in low carbon push

Oil & Gas UK (OGUK), the powerful representative body for the UK’s offshore oil and gas industry, said on Monday it is expanding to include the low-carbon offshore energy technologies that…