A clutch of fund management heavyweights including former head of acquisitions for Aberdeen Asset Management, Hugh Little, and hedge fund manager Crispin Odey, founder of Odey Asset Management, have backed a multi-million buyout of law firm Turcan Connell’s asset management arm. Douglas Connell
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A new Scottish Cabinet Secretary for Business should be charged with putting the welfare of local economies at the top of the next Scottish Government’s agenda, according to the Federation of Small Businesses (FSB). Launching their Scottish Parliament 2016 manifesto, the 19,000 strong membership b
An Aberdeen based financial services company has been recognised for its outstanding customer service, gaining one of the UK’s highest profile awards. Phil Anderson Financial Services Ltd, which has offices in Aberdeen, Ellon and Caithness, has been named the winner of the Best Customer Service ca
Business advisers and accountants Scott-Moncrieff has landed a trio of significant tech business wins in as many weeks. The firm has been appointed as accountancy partner to CodeClan, Scotland’s first digital skills academy.
A woman from Aberdeenshire has lost nearly £100,000 to fraudsters in a “boiler room” scam Police are investigating the incident which took place in the town of Oldmeldrum earlier this month.
Investment bank Cantor Fitzgerald Europe is to join the select group of investment banks with an office in Edinburgh after hiring four analysts and salespeople from Shore Capital and relocating one of its London-based analysts. Dr Brian White and Dr Paul Taylor will build a specialist sector offerin
The contents of a leaked internal Treasury report has revealed that officials within Whitehall believe that legalising cannabis could generate hundreds of millions of pounds a year in tax and cut costs for the police and prisons. The report, obtained by the BBC's programme Newsnight, said regulating
Jes Staley It is being widely reported today that Barclays is set to name former JP Morgan banker James "Jes" Staley as its new chief executive.
A new investment vehicle that will provide up to 1,000 affordable homes for rent across Scotland has been launched. The Local Affordable Rented Housing Trust (LAR) is a Scottish charity set up to provide long term mid-market rented housing across Scotland.
Nicola Sturgeon Scotland's First Minister Nicola Sturgeon has announced a £78 million innovation fund to help Scotland’s businesses grow and develop.
Edinburgh-based global asset manager Standard Life Investments is celebrating the fifth anniversary of its award-winning MyFolio fund range. The suite of 25 risk based investment strategies now has assets under management of over £7 billion and in the first half of 2015 alone, attracted net sales o
Glasgow-based private equity and property investment managers Maven Capital Partners has announced that it has sold its premium, purpose-built student accommodation development at 333 Bath Street in the centre of the city, to Empiric Student Property plc, for £7.45 million. The announcement comes s
The Scottish Dairy Brand has been officially launched to the International Market at the Anuga food and drink trade show in Cologne. The brand and its marque, which were unveiled by First Minister Nicola Sturgeon at the Royal Highland Show earlier this year, have been developed to raise the profile
Starting salaries for professional roles in Scotland including finance and accounting, financial services, information technology and administration will grow by an average 3 per cent over the next 12 months, according to the Robert Half 2016 Salary Guide. The hike would mean a higher increase than
David Murray Murray Capital Group has reported a £13.6 million pre-tax profit and a 54 per cent rise in the company's value to £35m.