Scottish Friendly



Scottish Friendly appoints former Standard Life CFO Stephen Percival as new finance director

Financial mutual Scottish Friendly has appointed Stephen Percival as its new interim finance director.

Published 6 October 2021

Scottish Friendly appoints Mark Laidlaw and Stephen McGee as non-executive directors

Financial mutual Scottish Friendly has announced the appointment of Mark Laidlaw and Stephen McGee as non-executive directors.

Published 16 September 2021

Scotland’s onshore GDP grew by 0.9% in June

Scotland’s onshore GDP grew by 0.9% in June, according to statistics announced by Scotland's chief statistician.

Published 26 August 2021

Scottish Friendly: Cost of living could be 'significantly higher' by the end of 2021 as inflation rises

The cost of living in the UK could be “significantly” higher by the end of 2021 as inflation continues to rise while remedies remain unlikely, according to Kevin Brown, a spokesman for Scottish Friendly.

Published 13 August 2021

Scottish Friendly: Nearly half of grandparents investing for their grandkids increased contributions over past year

Nearly half (47%) of all grandparents investing for their grandchildren have increased their contributions over the last 12 months, new research from Scottish Friendly reveals.

Published 15 July 2021

Bank of England: Inflation set to rise above 3%

The Bank of England (BoE) has forecast that annual inflation would likely surpass 3% for a "temporary period".

Published 25 June 2021

Scottish Friendly: 1 in 3 parents using low or 0% interest current accounts to save

More than a third of parents (34%) are using current accounts that pay almost zero interest to save for their children’s future, new research from financial mutual Scottish Friendly has revealed.

Published 2 June 2021

UK retail sales volumes rose by 9.2% in April as lockdown restrictions eased

UK retail sales volumes rose 9.2% month-on-month in April, according to the latest figures published by the Office for National Statistics (ONS).

Published 21 May 2021

UK consumer price inflation rises to 1.5% in April

Consumer price inflation more than doubled in April to a 13-month high of 1.5%, according to the latest figures released by the Office for National Statistics (ONS).

Published 19 May 2021

Scottish Friendly posts strong results despite turbulent year

Scottish Friendly, Scotland’s largest financial mutual, has announced that sales of its investment ISAs reached a record high in 2020 despite it being one of the most turbulent years in the company’s 160-year history.

Published 29 April 2021

Scottish Friendly: Nearly two in five Brits plan to save a higher share of their income after the pandemic

Nearly two in five (39%) British adults, equivalent to 20 million people, plan to save a higher share of their income after the pandemic than they did before, including 17% who plan to save significantly more.

Published 26 April 2021

UK consumer price inflation up to 0.7% in March

Consumer price inflation rose to 0.7% in March from a three-month low of 0.4% in February, according to the latest figures released by the Office for National Statistics (ONS).

Published 22 April 2021

Tributes paid to Scottish Friendly chief executive Jim Galbraith

Tributes have been paid to Scottish Friendly's chief executive Jim Galbraith who has passed away.

Published 9 April 2021

Bank of England holds interest rate at record low 0.1%

The Bank of England (BoE) has held interest rates at a record low of 0.1%. 

Published 19 March 2021

Scottish Friendly: Release of lockdown savings could lead to an extra £50bn of consumer spending in 2021

A release of lockdown savings built up by households over the past 12 months is set to lead to an increase of more than £50bn in consumer spending this year, according to new analysis by Scottish Friendly and the Centre for Economics and Business Research (Cebr).

Published 17 March 2021