AJ Bell has posted record profits in its first year as a listed company. The company, which is one of the UK’s largest investment platforms saw pre-tax profits increase by 33% to £27.7 million in the year to the end of September on revenue up 17% to £104.9m.
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Glasgow-based fashion company Quiz has posted a six-month deficit after it accepted a £7 million impairment on loss-making stores. The company's online sales remained stagnant at £20m and its half-year underlying profits fell from £4.2m to £0.6m.
Aberdeen Standard Equity Income Trust's annual results for the 12 months to 30th of September 2019 has revealed that the Net Asset Value total return for the year was -10.8%, share price total return was -15.1% against the FTSE All-Share Index total return of 2.7%. However, the results have also hig
Retail water supplier Brightwater has appointed former Standard Life Bank employee Carron Henley to its advisory board. Ms Henley will provide guidance and support to the Brightwater’s executive team as it focuses on further growth across the Scottish retail water market.
Aberdeen Japan Investment Trust has posted positive annual results with a Share Price Total Return of +16.4% and Net Asset Value Total Return of +13.1%, significantly outperforming the Topix Index Total Return of +9.3%. The results have also revealed that since the change in investment objective to
Edinburgh-based recruitment and headhunting firm Core-Asset Consulting has recorded its best-ever results – during 12 months which saw them turn a loss into a half million-pound profit. The company is a leading independent recruitment company dedicated to financial and professional services in
Edinburgh private bank Hampden & Co is to acquire a loan book from London-based Smith & Williamson believed to be worth around £35 million. The portfolio loan book of Smith & Williamson is due to be handed over to Hampden & Co later in 2019.
Housebuilder Barratt Developments has moved to reassure investors it has the “resilience and flexibility” required to deal with the potential effects of Brexit. Issuing a trading update for the 15-week period from 1 July to 13 October yesterday, the FTSE 100 developer said it compl
The latest Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator survey for Q3 of 2019 shows that businesses continue to struggle due to factors caused by Brexit uncertainty in the most recent quarter.
Only 13% of Scottish people who have a pension actively chose their own investment portfolio, a new Yougov poll has revealed. The poll of over 1,000 adults in Scotland also found that almost a third of those who participated don't have a pension at all.
Edinburgh-based fintech Paysend has launched Paysend Connect, a business account in collaboration with Crassula, an open banking software provider. The collaboration will also enable businesses to provide fintech solutions to their customers.
PwC now employs more than 1,000 people in Scotland, helped by a 13.4 per cent increase in graduate recruitment numbers this summer. The jobs boost comes as PwC UK experienced higher than expected growth over its financial year as clients seek help tackling uncertainty, risk and the need to transform
Barclays’ national network of Eagle Labs is set to host a series of free artificial intelligence (AI) themed Frenzy events across Scotland to inspire entrepreneurs and businesses to consider the opportunities being presented by the increasingly high-profile technology. The first of the AI Fren
FinTech Scotland has launched a consumer panel to support inclusive fintech business development in what is believed to be a UK first. The panel aims to bring citizens and consumers directly into fintech product design by connecting fintech entrepreneurs with consumer and citizen
Sigga Sigurdardottir has been appointed as Tesco Bank's new chief customer officer. She is due to begin her new role on November 4 after leaving her current role as chief customer and innovation officer at Santander UK, where she led digital and cultural change. She has been employed in the financia
