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Financial technology start-up Tumelo has raised £1 million in seed funding to develop a platform to show investors exactly which companies they own through personal investments and pension funds. Addleshaw Goddard’s fintech team, based in Scotland, advised Tumelo on the deal. The funding

The changes to inheritance tax (IHT) contained in the Institute for Public Policy Research (IPPR) paper Thinking bigger on tax in Scotland would be a further nail in the coffin for Scottish homeowners, a property management expert has said. David Alexander, the joint managing director of Apropos by

A strong performance by UK firms has helped an Aberdeen Standard Investments trust grow despite worries over Brexit. The £587 million Murray Income Trust saw its net asset value per share grow by 7.9 per cent over the year, far ahead of the benchmark index (FTSE All-Share) return of 0.6 p

MSPs on Holyrood's Economy Committee have backed plans to limit ministers' access to statistics. At present, ministers and their staff can see market-sensitive data a day before it becomes public while they can see less sensitive publications five days before the public.

An investment banker at the centre of Germany's biggest ever fraud trial has told judges he earned millions of euros from deals involving "astronomical" trades, Reuters reports. Martin Shields, said the trading, known as cum-ex, was popular between 2005 and 2012, with investors from around the world

Anderson Anderson & Brown (AAB) has announced the arrival of 31 new starts across its various training programmes.

The Scottish Building Society (SBS) has joined the Scottish Financial Enterprise (SFE). SFE supports Scotland's financial services sector and includes organisations such as HSBC, Investe, Jpmorgan, KPMG and Lloyds Banking Group. It represents an industry that employs over 160,000 people in Scot

Alison Rose has been announced as the new chief executive of RBS. The Scotsman reported, that following her appointment, Ms Rose said RBS faced "a series of challenges".

The Kilchrenan Inn in Argyll & Bute is the site of a new hotel run by MTM Hospitality thanks to a five-figure finance package from Royal Bank of Scotland (RBS).

Nationwide has announced today that it is investing in Bankifi, a business managing platform which uses open banking to provide a suite of business microservices which plug into banking infrastructure through APIs. The technology means that providers like Nationwide, who will be launching its own bu

Data from the Office for National Statistics (ONS) has revealed that most of the UK's employment growth within the last year as fuelled by the over 50s.

The administration process for McGill & Co has been extended until January 2021 as administrators said the “level and timing” of distributions to unsecured creditors in the former Dundee building services firm remains unclear. Almost 380 jobs were lost when McGill collapsed at the st

The acquisition of Clark Thomson by Jelf has boosted revenues for the company and has brought a host of new jobs for senior figures within the organisation. The Herald reported that the Jelf merger, which brought together 14 offices with over 200 staff members across Scotland, as well as a flagship

Project Heather has announced the opening of a consultation on the exchange’s proposed impact reporting philosophy and methodology. Presenting suggested elements for what an ideal issuer on its exchange might look like, including the core pillars required to support impact reporting by its iss

AccelerateHER, Investing Women’s awards and events platform for growth-focused female-founded businesses in Scotland, has announced a partnership with its London-based namesake. AccelerateHER was launched in 2016 and co-founded by Brent Hoberman, co-creator of Founders Forum, a private network