Glasgow-based Murphy Wealth has reported record turnover and assets under management (AUM), a year after taking on investment from one of Europe’s largest financial advice groups. Despite the conflict in the Middle East leading to the market downturn of recent weeks, Murphy Wealth said AUM had
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Edinburgh-headquartered Alba Partners has acquired data and AI specialists Core Consultants Group, bolstering its service offerings and expanding its team. The deal, which sees all Core Consultants Group staff integrated into Alba Partners' UK and Middle East operations, marks a significant growth p
UK Finance has reported that £571.7 million was stolen through payment fraud in the first half of 2024, a 1.5% decrease from the same period in 2023. While authorised push payment (APP) fraud losses decreased by 11%, unauthorised fraud losses increased by 5%.
Gilson Gray Financial Management (GGFM), the financial planning arm of law firm Gilson Gray, has acquired Edinburgh-based bespoke practice, Sarah Hughes Wealth Management. The latest acquisition by GGFM takes its total assets under management to nearly £500 million – a 40% increase in 12
A virtual reality firm has brought in Scottish software specialists to help manage global growth as it produces global video games.
Scottish social enterprise AAI EmployAbility has secured Scottish Government funding to help improve the pay gap by helping minority ethnic women get back into the workplace following career breaks due to childcare, other care commitments or health issues. AAI’s ‘Back to Work’ init
Partners at Deloitte are to be hit with a 17% pay cut after revenue growth dropped during the coronavirus pandemic. All 709 equity partners of Deloitte’s UK operation will receive an average payment of £731,000 for the year to the end of May 2020, a drop from a record £882,000 in t
1825, Standard Life’s wholly owned financial planning and advice business, has announced that it has entered into an agreement to acquire the wealth advisory unit of Grant Thornton UK. The deal is expected to complete in Q4, 2019 although the commercial terms of the transaction remain undisclo
Jonathan Turner New regulation aimed at opening up the UK’s current account market could lead to an influx of new players and services for 32.7 million consumers and 4.8m businesses by 2022, according to new PwC research on Open Banking.
Armstrong Watson has urged farm businesses not to panic or make knee-jerk reactions following the Autumn Budget but to instead consider their options and take a measured approach. Agricultural specialists at the accountancy, business and financial advisory firm said they want to provide farmers with
Workers in Scotland take over 800,000 days off a year due to money worries, according to landmark research released today from pension and investment company, Aegon.
Lloyds Banking Group has announced its new Sustainability Finance Framework, outlining support to help housebuilders access finance to build more homes with higher sustainability standards. The framework sets out how the group will help housebuilders access finance to build more sustainable homes th
Commsworld, the UK’s largest independent network provider, has appointed former Royal Bank of Scotland senior executive John White to its board as a non-executive director. Mr White is a globally recognised figure in banking and technology. He worked for many years with computer giant IBM befo
Click image to expand Hotspots from Oban to Orkney have been tracked as part of a new interactive guide to the growing Scottish technology sector produced by independent accountancy and business advisory firm Johnston Carmichael.
The level of protest votes by shareholders at FTSE 350 company annual meetings has tailed off from a peak six years ago but institutional investors remain concerned about excessive executive pay, a new analysis has found.
