News



Tilney in talks to acquire rival wealth manager Smith & Williamson

Wealth management firm Tilney has entered negotiations to purchase its rival Smith & Williamson, creating a firm with revenue of nearly £500 million and assets under management of over £45 billion.

Published 19 August 2019

Scottish Building Society appoints former Barclays executive to its board

The Scottish Building Society announced today that leading banker Andrew Hastings has joined its board as a non-executive director.

Published 19 August 2019

Mactaggart & Mickel promotes FD to investment division chair

Housebuilder and developer Mactaggart & Mickel has promoted group financial director Paul McAninch to the new role of chair of the company’s Investments arm, with responsibility for around £80 million of assets.

Published 19 August 2019

Data watchdog advised RBS on historic data breach affecting NatWest customers

The Information Commissioner's Office (ICO) has provided advice to Royal Bank of Scotland in relation to a historic data breach affecting over 1,600 NatWest customers, according to reports.

Published 19 August 2019

Business owners call for Treasury to bankroll compensation service with RBS dividend

An alliance of business owners has called for a £1 billion Royal Bank of Scotland dividend to be used to help fund the planned Business Banking Resolution Service.

Published 19 August 2019

£13m written off value of public stake in BiFab

The value of the taxpayer's stake in BiFab fabrication yards has been cut by a dramatic £13 million.

Published 19 August 2019

Digital firms merge thanks to Kelvin Capital funding

Two Scottish digital archiving businesses have joined forces to disrupt the global film digitisation industry and take advantage of a growing international market, thanks to investment from the investment syndicate Kelvin Capital and the Scottish Investment bank, the investment arm of Scottish Enterprise.

Published 19 August 2019

Scottish tax expert appointed to UK female Venture Capital working group

Scottish tax expert Kirsty Paton has been appointed to a new Enterprise Investment Scheme Association (EISA) Women in Venture Capital working group.

Published 19 August 2019

Sarah Leslie: New rules for asset management firm managers – what you need to know

On 9 December 2019, the senior managers and certification regime (SMCR) will come into force for all Financial Conduct Authority (FCA)-regulated asset management firms, replacing the old approved persons regime. Sarah Leslie tells practitioners what they need to know.

Published 19 August 2019

Influential think tank proposes state pension age increase to 75 by 2035

The UK state pension age should be increased to 75 by 2035, an influential think tank linked to the Conservatives has said.

Published 19 August 2019

Orion Capital outlines fresh proposals for former RBS New Town site

Revised plans are in the pipeline for a new neighbourhood on the site of the former Royal Bank of Scotland offices in Edinburgh’s New Town.

Published 19 August 2019

Highland tourist tax could raise up to £10m per year

A tourist tax in the Highlands could raise up up to £10 million per year for the region, according to council officials. 

Published 19 August 2019

Resonance Capital founder shortlisted for award

Resonance Capital founder Angela Higgins has been shortlisted as a finalist in the Business Woman of the Year category in the third Scottish Women's Awards 2019. 

Published 19 August 2019

Johnston Carmichael celebrates Kiltwalk success

Accountants from Johnston Carmichael have raised more than £6,600 for charities across Scotland after taking part in yesterday’s Kiltwalk in Dundee.

Published 19 August 2019

And finally... Going for gold

Blenheim Palace has installed a £1 million 18-carat gold toilet for visitors which is due to go on display in September.

Published 19 August 2019