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Asset & wealth management firm AssetCo has announced the completion of its acquisition of Edinburgh-based Saracen Fund Managers Limited. In May, the firm announced the conditional acquisition of the company for an effective total consideration of £2.75 million.

Robertson Group said it has returned to "normal trading expectations” after revealing a £6.7m operating loss last year due to the coronavirus pandemic. The family-owned contractor extended its financial year to 15 months to the end of June 2020 to absorb the three-month closure

Cineworld has secured £143.3 million in new loans to secure its finances as the firm prepared for an “unprecedented slate of films” in the second half of this year.

Wealth management firm St James's Place has increased its assets to a record £143.8 billion in the first half of this year. Announcing its first half results for 2021, the firm reported net inflows of £5.5bn which caused its total funds under management to soar. St James's Place also pos

Bank of Scotland owner Lloyds Banking Group has posted a statutory profit before tax of £3.9 billion for the six months to the end of June. In 2020, the bank posted a first-half loss of £602 million, after allocating £2.4bn for bad loans.

Like the rest of the UK, Scotland is continuing to see a marked rise in early signs of insolvency year on year according to the latest Red Flag Alert data published today by business rescue and recovery specialist Begbies Traynor. However, it is feared that the scale of business distress is largely

Glasgow's famous Lorne Hotel has been put up for sale as administrators from Interpath Advisory take steps to wind up Bellhill Limited - the hotel's owners. Thirty staff were made redundant in May when joint administrators Blair Nimmo and Alistair Macalinden were appointed to Bellhill Limited.

A new report conducted by Edinburgh-based accountancy and finance executive recruitment firm Ceres Resourcing has revealed a sense of optimism amongst finance leaders, both for their respective organisations and for the overall economic outlook for the country. The Scottish Accountancy & Fi

As central banks race to pilot ‘national digital currencies’, Luke Bartholomew, senior monetary economist at Aberdeen Standard Investments (ASI) discusses the implications and asks, will we see a UK ‘Britcoin’? Some of the best economic and banking brainpower is currently bei

The UK Government has announced that it intends to sell part of its shareholding in NatWest Group plc (formerly the Royal Bank of Scotland Group plc).

UK government ministers met Scottish fintech entrepreneurs yesterday at an event recognising the global impact of Scotland's growing fintech sector.

The Financial Conduct Authority (FCA) has set out proposals to change disclosure documents provided to retail investors under the Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation. The changes will provide more clarity to consumers about what the products are, the risk pres

Embark Group, a UK retirement solutions provider, has announced plans to hire over 50 people in Dundee over the next few months as it continues to build out its platform operations in the city. The new employees will be part of Embark Platform, which provides market-leading technology for corporates

Young people are generally positive about their money prospects, according to the latest How Scotland Lives research from Bank of Scotland.

Ian Wright and Scott Milne of business advisory firm Quantuma have been appointed as joint administrators to Glasgow-based property developers Titan Homes (Partick) Limited. Following a period of financial difficulties the company, which was founded in 2015, entered administration on 9th July 2021,