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EXPLAINED: Snib - The Real Truth

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)

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 Government announces multi-million pound investment into marine anchor firm

A MULTI-MILLION pound investment into a marine anchor firm in a bid to create more manufacturing jobs for Scotland has been announced by the…

The National (Scotland)

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How ScotWind fell from Scotland's golden goose to emergency piggy bank

IT should have been the Scottish Government’s golden goose and the SNP’s opportunity to show what Scotland could do if it had control over its…

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)

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

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 National (Scotland)

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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.

The Independent UK

Energy transition presents Scotland's 'most significant' challenges and opportunities

Panel of experts at Insider breakfast event states that existing oil and gas industry must be supported in move to renewables

Insider UK

More panellists revealed for Insider's Business Breakfast

The event in January will feature a keynote speech, panel discussion and Q&A session

Insider UK

Edinburgh artificial wave park receives funding boost as new completion time proposed

The Wavegarden Scotland project will see the derelict Craigpark Quarry at Ratho, on the outskirts of the city, transformed into a 23-hectare country park, promising more than 100 jobs

Edinburgh Live

Scottish National Investment Bank spends £175,000 on CEO search

Opposition politicians criticise amount of taxpayers cash spent and lack of open recruiter selection process

Insider UK

Report calls for 'reset' of Scottish National Investment Bank

Business professor Ross Brown says SNIB looks 'unfocused and ill-conceived, with a vagueness that has created unhelpful mission-creep'

Insider UK

Scottish National Investment Bank calls for regulatory changes to avoid 'costly' retrofitting

New report adresses skills and funding shortages 'blocking' the transition to more efficient homes

Insider UK

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Daily Record

Scotland’s National Investment Bank boss quits day questions asked over £50m tax haven revelations

Ministers were informed Eilidh Mactaggart was stepping down just 24 hours after the Sunday Mail revealed £50million had been ploughed into a tax haven-linked firm.

Daily Record

SNP teamed up with Tories to stop rules outlawing giving tax avoidance companies public cash

Nicola Sturgeon’s new Scottish National Investment Bank (SNIB) is ploughing £50million into a forestry fund run by asset managers Gresham House.

Daily Record

£50m of public cash ploughed into firm linked to tax haven by bank set up by Nicola Sturgeon

The Scottish National Investment Bank was launched in 2020 by First Minister Nicola Sturgeon.

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