Search: financial focus

  Baillie Gifford's investment trusts could see their stakes in artificial intelligence (AI) company Anthropic more than double if it reaches its $2 trillion market valuation.

Private equity firm WestBridge and investment management firm Foresight Group relied on a high-profile slate of corporate finance, legal and transaction advisors to close its acquisition of a majority stake in financial advisor Beckett Investment Management. WestBridge was advised on the transaction

Legal & General has strengthened its board with the appointment Kirsty Cooper CBE as an independent non-executive director. Ms Cooper will stand down as a director of Scottish Widows on October 31 before taking her new role as group remuneration and group enterprise transformation committees &nb

  Andy Burnham's absent economic advisers are a warning sign for UK investors, according to one of the world's largest independent financial advisory organisations.

Andy Burnham has suffered a major blow after economic heavyweights who were advising him ahead of the Makerfield by-election decided against joining his government following disagreements over potential wealth taxes. Former Goldman Sachs executive Lord Jim O'Neill was reported to have been in discus

Bank unions are warning staff at Santander and TSB to prepare for job cuts following the Spanish group’s £2.65 billion acquisition of the former savings bank. Consultation is underway as management plans to remove duplicate roles among the 23,000 combined staff to save £400 million

Financial services leader Sandy Begbie has urged the new UK government to avoid introducing new taxes and regulations that will undermine progress being made in the sector. Mr Begbie, chief executive of Scottish Financial Enterprise, will publish an update this week on the organisation's three-year-

Finance leaders are becoming increasingly optimistic about the role artificial intelligence will play in improving business performance, with almost all expecting investment in digital technology to increase over the coming year, according to Deloitte's latest UK CFO Survey. The survey, conducted be

Restructuring specialists FRP Advisory have been appointed joint administrators of Scottish housebuilder, Marturano Homes Houston Limited, which collapsed before work began on a planned residential development in Greenock. Michelle Elliot and Angus Carmichael, of FRP Advisory, were appointed joint a

Almost all investors expect taxes to rise over the next year as Andy Burnham prepares to become prime minister, according to a new survey. Research by investment service Wealth Club found that 96.1% of investors believe taxes will increase over the next 12 months, with more than half (52.6%) saying

Average fixed mortgage rates fell at their fastest monthly pace in almost two years during July, as lenders responded to lower swap rates and continued to restore product choice, according to Moneyfacts.

The Tax Advisory Group (TAG), which was established by the Scottish Government to give advice on tax policy, has been disbanded. The group was set up three years ago with the aim of benefiting from the shared wisdom of academics, economists and important figures from business and the third sector.

Azets has promoted Aberdeen-based audit director Matthew Allan to Partner in a move designed to support growth plans. Mr Allan, who steps up with ambitions to build the firm’s profile across the north east of Scotland, joined the accountancy and business advisory company in June 2021 as an ass

Fairstone is expanding its presence in Scotland with the acquisition of two firms and the opening of a new hub office in the Aberdeen area. The fast-growing wealth management group has bought independent financial advice firms City Gate Aberdeen and Albyn Associates, both of whom are based in A

Digital lender Starling Bank is set to cut around 130 jobs as it reshapes parts of its business and steps up investment in artificial intelligence.