John Glover and Terry Murden

McHardy Private Wealth is acquiring Thorntons Wealth and is close to buying two more Scottish businesses, it has been revealed. Managing partner Andy Kerr told Daily Business it was expected to expand into Glasgow early in the new year, followed by a deal in the north east in the spring.

Shareholders in Scottish Mortgage Investment Trust have cashed in on its early support for SpaceX following the US tech firm’s mammoth flotation in the summer. The FTSE 100 trust, managed by Baillie Gifford, took advantage for profit taking when the window opened for the sale of shares. It cur

Jim McColl has stepped down from the board of Alba Bank which he set up to finance small and medium sized businesses. The accountant who turned Clyde Blowers into an engineering force before taking control of Ferguson Marine, created the Scottish challenger bank in 2018.

The Financial Conduct Authority's (FCA) chair, Ashley Alder, faced calls to resign at the regulator's first public annual meeting in Edinburgh, as whistleblowers and campaigners challenged its decision to let one of its own non-executive directors investigate how it dealt with Simon Andreisz before