Royal Bank of Scotland owner NatWest Group is in talks to sell Adam & Co, one of its private banking subsidiaries. It has been reported that NatWest is working with Evercore, the investment bank, to help divest the majority of Adam & Co's operations.
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A new study by cybersecurity firm ESET has found that 24% of UK business leaders believe cross-border payments could help drive business profitability, amidst a period of complexity and confusion following the country’s exit from the European Union.
Edinburgh-headquartered communications network provider Commsworld has secured contracts valued at more than £16.7 million across multiple sectors, significantly beating its targets between October and December last year. These include a £5.8m digital contract with Glasgow City Council t
Significant benefits to Scotland’s economy and society have been highlighted in a new report regarding business-academic partnerships supported by Edinburgh-based firm Interface. Local, national and international businesses have gained from tapping into Scotland’s universities and colleg
Edinburgh-based start-up Label Ventures, which connects global brands and businesses to creative and technology teams, has recorded £2 million in revenue in their first year of trading, all whilst in the face of the coronavirus pandemic. Now the business is targeting massive growth in 2021, in
Perth-based Cameron Motor Group has recorded a drop in sales worth over £16 million in the last financial year, as the impact of the coronavirus pandemic took its toll on the firm's finances. Annual results filed with Companies House have revealed that the firm's turnover in the year to the en
An eight-year-old border collie has joined the ranks of the canine elite after being left over £3.6 million in a will.
The cost of home and motor insurance may fall in 2021 according to predictions by PwC UK. Changing regulation, plus the ongoing pandemic, could have an impact on the cost of general insurance, causing significant downward pressure on premium rates across both personal and commercial lines.For person
NatWest Group has posted its annual results delivering what chief executive Alison Rose has called a "resilient performance" despite the bank's impairment charge of £3.2 billion. For the year ended 31 December 2020, NatWest Group's operating profit before tax and the impairment charge was &pou
Harry Nimmo, investment leader, smaller companies at Aberdeen Standard Investments (ASI), discusses why active investing outperforms passive. There are 172 actively managed funds with a track record over a 10 year period with combined assets under management (AUM) of around £156 billion. 73 (4
Musselburgh-based printing company Ivanhoe Caledonian recently received a £100,000 COVID Working Capital Loan from Business Loans Scotland to help with the negative impact of the on-going COVID pandemic.
Economy secretary Fiona Hyslop is calling on the UK Government to provide further support to companies struggling to trade with the EU post-Brexit. Urgent financial assistance is needed to help small businesses hire customs agents to deal with the additional bureaucracy involved with importing from
Perth-based insurance giant Aviva has launched a new cash savings platform as UK savings soar during the coronavirus pandemic. The Bank of England’s (BoE) Monetary Policy Report in February 2021 showed that “households have accumulated an excess stock of savings of £125 b
Almost 450 executives at Barclays each received annual pay packets of more than £1 million, despite a 30% drop in the bank's profits. While Barclays chief executive Jes Staley received a 32% pay cut to £4.01m, the bank’s annual report released yesterday has revealed that total bonu
UK retail sales volumes fell a substantial 8.2% month-on-month in January, according to new figures released by the Office for National Statistics (ONS).