Scottish Financial Review

Edinburg-headquartered cybersecurity company Quorum Cyber said it has made a series of appointments to its senior leadership team as it enters “a new phase of global expansion.”…

Frasers Group plc has confirmed its much-flagged acquisition of the giant Braehead Shopping Centre in Glasgow. The price of the acquisition from SGS UK Retail…

Edinburgh-based Craneware plc, a provider of software for the US healthcare market, said on Friday its alliance with Microsoft is progressing well and “adding significant sales…

UK government borrowing in the first seven months of its current financial year to October 2025 was £116.8 billion — £9 billion or 8.4% more…

The £942 million Murray Income Trust said it has replaced Aberdeen with Artemis Fund Managers as its new investment manager following a strategic review. “The company’s…

Edinburgh-based Artisanal Spirits Company (ASC), owner of the Scotch Malt Whisky Society (SMWS), said on Thursday the recent government shutdown in the US “has created…

University of Edinburgh spinout Rhizocore Technologies, a biotechnology company which uses fungi to improve tree growth and survival rates, has secured £4.5 million in investment…

Glasgow media firm STV Group plc said on Wednesday chairman Paul Reynolds has stepped down as planned and has been succeeded by corporate veteran Clive…

Pentland Floating Offshore Wind Farm off the northern coast of Scotland — developed by funds managed by Copenhagen Infrastructure Partners P/S — has announced investment…

Exxon Mobil announced on Tuesday it will close its Fife ethylene plant (FEP) in February 2026, saying the site is no longer competitive because of high…

Linlithgow-based Calnex Solutions plc, a provider of test and measurement solutions for telecoms, cloud computing and defence markets, reported revenue growth of 9% to £8 million…

The Scottish National Investment Bank said it has invested £50 million into London-based Octopus Capital’s Affordable Housing Fund — part of a £100 million fundraise…

Shareholders of John Wood Group, the troubled Aberdeen-based engineering and consulting giant, have finally approved a cut-price takeover by Dubai-based Sidara. The Aberdeen firm said 89%…

Scottish Friendly CEO Stephen McGee said a “bold move” by the UK Government to reduce the cash ISA allowance that is supported by a national…

Edinburgh-based drug delivery device developer 1nhaler has secured an additional £1.5 million in seed funding to drive development of its novel pop-up cardboard dry powder…

The Scottish Land Commission said it has made two senior appointments “bringing fresh expertise and leadership to help drive forward Scotland’s land reform agenda.” Sarah…

Scottish salmon now adds around £1 billion a year to Scotland’s economy, a new independent study has revealed. Analysis from BiGGAR Economics for Salmon Scotland…

Scottish Rugby has published its 2024-25 Annual Report showing its revenue rose £5.5 million to a record £79.4 million. The organization’s loss after tax was…

The Scottish Government said it has been confirmed as “high” investment grade, matching the UK and better than Spain, Italy and Japan, by two global…

The brand of Edinburgh-based international asset management firm Stewart Investors is to disappear as its Australian parent company First Sentier moves its investment management responsibilities to…

Shares of SSE plc, the Perth-based electricity infrastructure giant, rose as much as 11% to a record high on Wednesday after it announced “a transformational, fully-funded,…

A proposal to restore a Rosyth to Europe ferry route is being taken forward. The direct trade route between Scotland and Europe could reopen under…

Unemployment in Scotland has fallen to 3.7%, according to the latest estimates from the UK’s Office for National Statistics (ONS). The Scottish figure dropped by 0.1%…

ICAS — the Institute of Chartered Accountants of Scotland — has appointed the first female CEO in the organisation’s 172-year history. On January 1, 2026, Gail Boag,…

NEO NEXT Energy, a joint venture between Repsol and NEO, has exercised its pre-emption rights over BP’s P111 and P2544 licenses, blocking Serica Energy’s proposed…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said on Tuesday it has completed the acquisition of Fast2 Mine Tecnologia e Desenvolvimento de…

Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, Reuters reported. Shell sold its 50% interest in…

Johnnie Walker and Guinness giant Diageo plc on Monday appointed former Tesco boss Dave Lewis as its new chief executive officer (CEO), effective January 1,…

SSE plc, the Perth-based electricity infrastructure giant, is exploring funding options including a share sale that could raise billions of pounds, as the utility seeks capital…

Scottish whisky giant William Grant & Sons has finally commented on the departure of its CEO Søren Hagh – a week after the event. Hagh previously…

Baillie Gifford’s flagship investment trust company, the £15.5 billion Scottish Mortgage fund, on Friday reported a 22.9% rise in Net Asset Value (NAV) for the six…

The Scottish Government said landmark legislation has been approved to help create new small landholdings to “increase farming opportunities and bring agricultural tenancy law into…

Shares of John Wood Group, the troubled Aberdeen-based engineering and consulting giant, rose more than 12% on Thursday to around 20.5p after they were restored…

SSEN Transmission said it has signed two major agreements to help deliver new homes across the north of Scotland. The deals are the the first…

An independent report published on Thursday claims that Dogger Bank Wind Farm, which will become the world’s largest offshore wind farm once fully operational, will…

John Wood Group, the troubled Aberdeen-based engineering and consulting giant, said on Wednesday afternoon that its shares are to be restored to listing and trading on…

Scottish Financial Enterprise (SFE) and leading Scots law firm Burness Paull have joined forces to launch a new guide for firms considering locating in Scotland….

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said on Wednesday its group orders rose 2% in the third quarter ended September…

The 2025 Baillie Gifford Prize for Non-Fiction has been won by How to End a Story: Collected Diaries by Helen Garner. The winner was announced…

Scottish whisky giant William Grant & Sons has confirmed the departure of CEO Søren Hagh after less than two years. William Grant’s drinks brands include The…

Canada Life said it has completed a third pension scheme buy-in transaction worth £41 million with drinks maker A.G. Barr plc for 300 pension scheme…

Scottish Financial Enterprise (SFE) announced that Rushad Abadan, Group General Counsel at Aberdeen Group, will become SFE deputy chair on January 1 in place of Jackie…

Colleges Scotland is calling for “the reversal of years of underinvestment in the college sector” before the end of the current Scottish Parliament and a…

A report from Audit Scotland said NHS Grampian and NHS Ayrshire and Arran both needed large loans from the Scottish Government to break even in…

Scotland’s electric vehicle (EV) charging network grew 22.5% in the last year, bringing over a thousand more charging devices to motorists. New UK government figures…

Edinburgh has retained its position as the UK’s second most attractive city for foreign direct investment (FDI), while Glasgow has advanced two places to seventh,…

Edinburgh and London-based private bank Hampden & Co has appointed two new senior executives to its leadership team, reporting to CEO Tracey Davidson. Greig Townsend joins…

The Scottish Government’s Business Minister Richard Lochhead is attending the Space Economy Summit in Florida to promote Scotland’s space expertise. Scotland’s capabilities in satellite manufacturing…

The University of Edinburgh announced that its Venture Builder Incubator is now open to all of Scotland’s universities, and will provide founders with access to funding,…

The Rettie Research Briefing for October 2025 has revealed that the average advertised rent for private housing in Scotland currently stands at £1,250 a month — caused…

The UK government’s “Scottish Affairs Committee” of MPs said it has launched an inquiry to investigate the strategic and economic case for improved fixed transport links…

By Mark McSherry Veteran Scottish entrepreneur and investor Brian Souter has slammed UK pension funds for the “egregious” risk aversion of their refusal to invest…

Heart of Midlothian Football Club said its board has formally approved the appointment of Calum Paterson as the club’s new non-executive chairman, subject to formal ratification…

A forecast gap of nearly £5 billion remains between what Scottish Government ministers want to spend on public services by 2029-30 and the funding available…

John Wood Group, the troubled Aberdeen-based engineering and consulting giant, published unaudited half year results for the six months ended June 30, 2025, showing an…

Iomart Group plc, the Glasgow-based secure cloud services firm, said in a trading update on Thursday that its group revenue grew 25% to £77.7 million in the…

Phoenix Group, parent of Standard Life, is in talks to raise more than £1 billion from private capital firms as it seeks to expand its pension-risk…

Aberdeen Group plc said it has agreed to increase its stake in Tritax Management LLP, one of the UK’s largest logistics managers. Following the initial…

The Scottish Government has published its Scottish Fish Farm Production Survey 2024 — showing that fish farm production of Atlantic salmon increased by 41,051 tonnes or…

The Association of Investment Companies (AIC) has called on UK finance minister Rachel Reeves to take “bold” action in her upcoming Budget to foster an…

Celtic plc said late on Monday that manager Brendan Rodgers has resigned. “The club appreciates Brendan’s contribution to Celtic during his two very successful periods at…

Energy infrastructure giant Petrofac Limited said on Monday it has applied to the High Court of England and Wales to appoint administrators to the firm. Petrofac’s…

Iomart Group plc, the Glasgow-based secure cloud services firm currently searching for a new CEO, said on Monday its remuneration committee has granted 500,000 share options to executive…

By Mark McSherry (UPDATE 5) — Baillie Gifford’s flagship investment trust, the £15.5 billion Scottish Mortgage fund, has outlined third-quarter changes to its portfolio of…

The UK government’s “Scottish Affairs Committee” has warned in a report that job losses from the North Sea oil and gas industry’s decline currently outstrip…

The Dunard Centre — Edinburgh’s first purpose-built concert hall for more than a century — announce it has signed a construction contract with Balfour Beatty to build…

Shares of Edinburgh-based oil and gas firm Capricorn Energy rose as much as 11% on Friday after it said it received $50 million from the Egyptian General…

French listed retail property group Unibail-Rodamco-Westfield (URW) and Dutch pension investor APG have announced URW’s acquisition of a 25% stake in Edinburgh’s St James Quarter….

Shares of NatWest Group — the bank formerly known as RBS — hit a 17-year high on Friday after the company reported £2.18 billion operating…

US banking giant Citi said its board of directors has elected its Scottish-born CEO Jane Fraser as chair of the Citi board. “The board also granted…