Royal London’s assets under management (AUM) have risen to a record £212 billion in the first half of 2026. The half-year report from the life and pensions firm shows the figure is up £13bn from the end of the last financial year.
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Rathbones, the wealth manager, has reported funds under management and administration have grown by 11% to £121 billion in the first half of 2026. The increase comes in the face of a “demanding” six months, according to the firm, which saw net outflows for the period sit at £
New figures showing Britain's millionaire population has fallen to its lowest level since the 2008 financial crisis are much more than a London story, with the real cost being felt far beyond the capital and beyond the wealthy individuals themselves, according to Multrees Investor Services. Multrees
Over two thirds (68%) of private business owners in Scotland are confident in delivering growth in the second half of 2026, according to KPMG. At the start of 2026, KPMG's annual Private Enterprise Barometer surveyed 1,500 privately owned businesses across the UK, including 119 in Scotland, spanning
Another strong year of deal making has seen Edinburgh-based Shepherd and Wedderburn report a 6% rise in turnover to £83.1 million for the year ended 30 April, its ninth consecutive year of growth. Net profit improved by 2% to £36.7m, following the 20% increase in the previous financial y
A new British business investment visa (BBIV) aimed at high net worth individuals could add £900 million to the UK economy each year. Under proposals revealed today by the Institute for Public Policy Research (IPPR), applicants would invest £5 million over the lifetime of the visa made u
Deloitte in Scotland has announced a series of internal promotions with partners appointed in its Glasgow, Edinburgh and Aberdeen offices. Hayley Strachan has stepped up into the role in Aberdeen, alongside Ben Hacking in Glasgow and Joe Scott in the capital – all three having joined the firm
Multrees Investor Services – the provider of custody, investment administration, and platform services for wealth managers, private banks, and family offices – has reported revenue growth for its most recent financial year, supported by continued demand from firms seeking scalable infras
Employers across Scotland are being urged to review their payroll processes and employment practices urgently amid growing scrutiny over National Minimum Wage (NMW) compliance and the expanding enforcement powers of the Fair Work Agency (FWA). Azets, which has offices in Aberdeen, Ayr, Edinburgh, Gl
RSM UK has appointed Rosemary Ford as a partner in its consulting team in Edinburgh, specialising in forensic accounting investigations. Ms Ford has over 16 years’ experience advising on complex and sensitive matters. Her expertise covers financial misconduct, accounting irregularities, suspec
Saffery has elevated Harry Kendall, who joined the firm as a London trainee in 2016, to partner. Mr Kendall has spent the last five years based in Edinburgh, where he specialises in audit services for a diverse portfolio including corporate entities, landed estates, and the not-for-profits sectors.
Santander UK's pre-tax profits declined 44% to £202 million in its first-quarter results for 2026.
Firms will benefit from reduced costs and greater flexibility, and find it easier to comply with the Senior Managers and Certification Regime (SM&CR), following reforms set out today by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).
MHA has promoted two directors to partner level in Scotland, recognising the contributions of long-serving members of its Edinburgh and Aberdeen teams. In Edinburgh, Ben Sutherland has been promoted to partner from director, having started with the firm as a trainee chartered accountant 13 years ago
Miller Homes has published full-year results for the year ended 31 December 2025, delivering a record year for the business. Performance was driven by the successful integration of St Modwen Homes, continued investment in land and the expansion of the group’s multi‑tenure model.
