News

Hundreds of unwanted treasures from the Scottish castle bought by comedian Alan Carr are heading to auction.

Murphy Wealth has appointed Shane Presley to the role of senior financial planner. Mr Presley joins the Glasgow-based wealth manager as a senior financial planner, bringing with him more than 30 years’ experience across financial advice, planning, and investment. A member of both the Char

HMRC has launched legal proceedings to wind up two Glasgow-based companies suspected of promoting tax avoidance schemes that may have affected NHS and local council workers in Scotland.

A new partnership between two of Scottish fintechs is set to simplify the regulated onboarding of clients and customers for financial services firms as the sector faces increasing pressure to implement digital infrastructure to meet compliance requirements.  Legado and Amiqus have formed a tech

The Financial Conduct Authority (FCA) is proposing changes to listing rules for investment trusts which will strengthening shareholder protections. The suggested reforms come in the wake of Saba Capital’s successful ousting of the board of Edinburgh Worldwide Investment Trust in April, replaci

Aligning the underperforming Murray Income Trust more closely with Artemis’ flagship UK Income Fund will be key to turning around its fortunes. That’s the view of the Artemis’ UK equity income team which is now managing the £892m trust following the switch from Aberdeen earli

Baillie Gifford UK Growth Trust is testing the patience of shareholders, admits the chairman, after poor stock selection led to a sharp fall in second half performance. After outperforming in the first half, its returns were poor in the second six months and its net asset value total return of 15.6%

A stronger performance than expected has led the Fraser of Allander Institute to upgrade its forecast for Scottish GDP growth. Though revised only modestly to 1% from 0.9%, it reflects the institute's view that the Scottish economy has continued to demonstrate resilience despite uncertainty arising

Nine banks have been appointed to a framework that will advise and support on the delivery of the Scottish Government’s £1.5 billion bonds programme over the next five years. HSBC, Merrill Lynch International, NatWest Markets and RBC Europe have been selected to act as the joint bookrunn

Pensions savings should have a “home bias” that directs a huge stockpile of cash into UK companies, according to Andy Haldane, the president of the British Chambers of Commerce. This would help close a funding gap that hampers the growth of small and medium-sized businesses, he told the

Music fans and collectors are set to get their hands on a piece of rock history after guitarist Johnny Marr announced plans to auction almost 100 guitars from his personal collection.

Businesses are being encouraged to start preparing now for significant changes to how company accounts are prepared and filed, as a series of reforms begin to take effect. Advisory firm Azets says upcoming Companies House changes, alongside new UK GAAP requirements for presenting financial statement

Markets will take the change of prime minister in their stride because Andy Burnham will face the same constraints as Sir Keir Starmer, says a senior asset manager. The change in Downing Street is likely to create some short-term volatility in UK assets, but the market does not expect a significant

The liquidators of collapsed PPE supplier PPE Medpro have launched legal action against a number of individuals and companies, including Baroness Michelle Mone and her husband Doug Barrowman, as they seek to recover millions of pounds owed to the UK Government.

Women in Scotland are highly involved in household finances, with more than eight in ten (86%) actively involved in managing daily finances but are less likely to take the lead on the longer-term decisions that shape future wealth, according to new research from St. James’s Place (SJP).