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The Latest Breaking News from the Scottish National Investment Bank

Scottish state-owned bank makes record loss of almost £140 million

THE Scottish National Investment Bank (SNIB) made a net loss of almost £140 million last year, according to its accounts ...

The National (Scotland)

New agency to focus on boosting affordable, rural and island housing supply

Scottish First Minister John Swinney has announced his Government is setting up More Homes Scotland.

Evening Standard

AI robotics firm raises funding with help from Scottish National Investment Bank

Launchpad opened a research and development centre in Edinburgh last year, solidifying ties with the city.

Evening Standard

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Tories set out plan to cut red tape and end ‘woke’ practices

The party has vowed to create a ‘business-led’ law to scrap regulations.

The Independent UK

Clean tech firm to use £3m grant to develop battery storage alternative

A clean technology firm has been awarded a £3m investment from the Scottish National Investment Bank to help it develop an alternative to battery…

The National (Scotland)

SNP policy should 'embrace the defence industry' in Scotland, say former MPs

JOHN Swinney should change SNP policy to embrace the defence industry, two former senior MPs have said.

The National (Scotland)

‘Good start’ for investment bank but rule changes needed

The Scottish National Investment Bank was launched in 2020 with funding of £2 billion pledged by the end of the decade.

Evening Standard

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Chief executive of Scotland's state-backed investment bank to step down

THE chief executive of the Scottish National Investment Bank has announced he will step down ...

The National (Scotland)

Ian Murray calls for Scottish investment bank to be able to fund defence firms

SCOTTISH Secretary Ian Murray has called for the Scottish National Investment Bank (SNIB) to be able to invest in defence companies.

The National (Scotland)

Scottish National Investment Bank facing loss of £9m loan to Circularity Scotland

SCOTLAND’S state-owned investment bank is facing the loss of a £9 million loan to Circularity Scotland after the firm appointed administrators.

The National (Scotland)

Lorna Slater quizzed on £9m loan given to Circularity Scotland from national investment bank

The under-pressure Green MSP has faced repeated calls to resign from her government job following the collapse of the deposit return scheme.

Daily Record

Slater unable to say if SNIB cash given to DRS administrator will be returned

National investment bank chair admits that the whole £9m investment could be lost as a result of Circularity Scotland going bust

Insider UK

Aberdeen battery business bags £7.2 million funding

Scottish National Investment Bank responsible for £6.6m of the investment boost for Verlume

Insider UK

Forrit bags £5 million from Scottish National Investment Bank

The backing should create 15 new jobs as the tech firm expands into new markets

Insider UK

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The National (Scotland)

Floating solar panels will allow Scotland to 'harness significant energy potential'

SCOTLAND’S first array of floating solar panels will be installed this year as part of a move to generate renewable energy and reduce carbon…

Insider UK

Yousaf announces £25 million boost for just transition

Money taken from Just Transition Fund will be given to the Scottish National Investment Bank

The National (Scotland)

Humza Yousaf announces £25m boost for just transition to green energy

FIRST Minister Humza Yousaf has announced £25 million in funding for the Scottish National Investment Bank (SNIB) to be invested in the transition…

The Independent UK

Yousaf announces £25m boost for just transition to green energy

The money will be given to the Scottish National Investment Bank which will ‘leverage additional private sector capital’, according to its chairman.

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Insider UK

Scottish National Investment Bank backs property tech firm

50 new jobs are set to be created as the business targets global market expansion

Insider UK

Former Skyscanner executive recruited as Citizen Ticket chair

New hire also serves on the boards of the Scottish National Investment Bank and Scottish Equity Partners

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