What happened, and who moved.
9 items
Standard Life announced a £2bn pension risk transfer partnership, contributing £500m and securing £1.5bn from a consortium of Wall Street investors to target large UK defined benefit schemes.
Shawbrook provided Glasgow Distillery Company with a £11 million inventory‑backed asset‑based lending facility to refinance existing debt and support growth.
Scottish private‑sector margins are under pressure as rapid payroll growth and weak pricing power pushed the Royal Bank of Scotland Business Activity Index down to 47.3 in July, while employment rose at its fastest rate in nearly two years.
Iain Morrison was appointed Regional Managing Director, Commercial Mid-Market at the Royal Bank of Scotland, replacing Judith Cruickshank.
Hall Morrice appointed Andrew Walker as a partner to lead its corporate finance and advisory services across Scotland.
A new EY survey shows Scotland contributed £17.7bn GVA and captured 14.8% of UK foreign direct investment projects in 2025 despite a 20% decline in project numbers.
EY Scotland named ten new partners and announced it will add a floor to its Glasgow office and move its Edinburgh staff to new premises, expanding office space for roughly 1,150 people.
The RBS Business Activity Index for Scotland fell to 47.1 in May 2026, the steepest decline in 14 months.
SME borrowing for tax payments rose 29% year‑on‑year to £25 million in 2025, while growth‑focused lending fell to 48% of total loans.