Iain Morrison has been appointed as Regional Managing Director, Commercial Mid-Market (CMM), for the Royal Bank of Scotland, replacing Judith Cruickshank who was appointed as Chief Operating Officer of the bank's retail business earlier this year. Mr Morrison brings three decades of experience
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The average house price in Scotland has increased 3.6% in the last 12 months, with the average price rising to £223,246, according to the latest Lloyds House Price Index.
The Financial Conduct Authority (FCA) hopes changes to its IPO rules will make listing on the Stock Market a more appealing prospect for companies. The changes, which are the culmination of a lengthy consultation process, are designed to allow the UK listings market to compete more effectively with
Murray International Trust, managed by Aberdeen Group, posted a robust first half following positive returns from investments in technology and mining stocks, but warned of “a growing set of risks that require careful attention”. Strong performance was driven by holdings in companies suc
Retirees have been given an unexpected £100 pension income boost – but experts are urging caution. Annuity rates have been rising due to wider market unrest, with the average annual annuity income up by over £100 since March 2026, analysis from Moneyfactscompare.co.uk rev
Wealth manager Quilter has hailed its successful strategy after growing assets under management to £157 billion, a rise of 11%, in the first half of 2026. The firm’s half-year report also showed record net inflows of £5.8bn, up 32%, with platform assets up 13% at £117.9bn.
Investors in early-stage companies across Scotland and throughout the UK can access a £100 million investment boost as the Chancellor backs growth in every postcode through the next phase of the British Business Bank’s Investor Pathways Capital Initiative. Supporting talented, first-time
Greater investment choice would help pension savers be more proactive, according to research. Of more than 800 members surveyed by digital workplace pension provider Penfold, 69% said they would benefit from more options being made available to them.
Concerns about the prospect of new taxes on British banks have been raised by Scots-born banker Dame Jane Fraser, said to be the most powerful woman on Wall Street. During a visit to London, the chief executive of Citigroup warned that the UK tax rate on banks is higher than in New York, Dublin, Fra
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.
Life insurer Legal & General (L&G) has reported an increased operating profit of £918m for the first half of 2016. The half-year results show profits rose by 7%, while interim dividends were up 2% at 6.24p per share.
Aberdeen-based professional services firm AAB has strengthened its Central Scotland leadership team with the appointment of Malcolm Crawford as Business Development Partner, and the promotion of Corporate Finance Partner Iain Walker to Head of Central Scotland. Mr Crawford joins the company with a s
Regulatory barriers continue to hold back Scotland’s potential to export services, according to a new report from the Fraser of Allander Institute. The report, delivered in partnership with Prosper and commissioned by the Scottish Government, finds that Scottish services exports were worth abo
Scottish Mortgage Investment Trust will have the first opportunity to sell down part of its 19.3% stake in SpaceX when the lock-up period ends tomorrow. How much it may sell will be influenced by the share price which has come under pressure from the imminent impact of investors cashing in on the 11
Campaign group Women Against State Pension Inequality (Waspi) has written to Westminster seeking talks on compensation. In a letter to Prime Minister Andy Burnham and Chancellor John Healey, she has called for “fair compensation” for the 3.5 million women born in the 1950s who were affec
