The UK Government has announced Edinburgh will host the G20's annual finance meeting next summer. Central bank governors and finance meetings will meet at the Edinburgh International Conference Centre on July 8 and July 9, as part of a series of events around the G20 Leaders' Summit in Manchester in
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Gulf International Bank is set to cut 15 roles across its business after shutting down its loss making fund business. The decision to close its active funds business from the Bahrain-headquartered firm follows a strategic review carried out by the bank earlier in the year.
Premier Miton’s assets under management (AuM) fell from £10.3bn to £8.1bn in the year to 30 September 2026, after net outflows of £428m in its fourth quarter. The AIM-listed group said £102m of the quarterly decline came from investment and market performance, from AuM
Jupiter Fund Management’s assets under management rose 3% to a record £75.9bn in the three months to 30 September 2026, as net inflows of £700m extended its “positive momentum” in client demand from the first half of the year. The third-quarter inflows took year-to-date
Seraphim Space Investment Trust’s net asset value (NAV) per ordinary share more than doubled to 240.49p in the year to 30 June 2026, helping narrow its discount from 27.8% to 21.9%, as defence demand and major funding rounds lifted its portfolio. The gains were heavily concentrated in one comp
Investors are not abandoning sustainability but looking beyond labels to governance, resilience and long-term value, Aberdeen Investments has found in a new report that expects governance to become the dominant ESG differentiator by 2030. The company wrote a report titled 'The Age of Grounded Sustai
Edinburgh investment and development business Ediston has announced a funding partnership with a Singapore investor to help tackle the shortage of housing in Scotland. The partnership with 42 Capital Partners will be marked at a signing ceremony at the British High Commission in Singapore and will c
Benson Accountants has appointed Dan Thompson as managing associate. Mr Thompson is expected to bring significant corporate, commercial and financial leadership experience to the growing accountancy practice. The appointment forms part of Benson Accountants' wider strategy to strengthen its leadersh
Accountancy and advisory firm MHA has hired 18 trainees spread across its audit, tax, and accounts and business advisory services. The new intake will be based at their offices in Edinburgh and Aberdeen, made out of 15 graduates, school leavers, placement students. In addition, three interns were gi
Residents in Glasgow and Sheffield were found to be the least confident cities about their pension savings in the UK, according to new research.
A new report has found that the British Business Bank's Investment Fund for Scotland (IFS) is helping to improve access to finance for smaller businesses across the country, supporting ambitious firms to grow, innovate and scale. The ‘Early Assessment Report’ undertaken by an indep
The International Monetary Fund (IMF) has praised the UK Government for taking "decisive measures to cut future spending and raise taxes as it urged ministers to "stay the course" ahead of its upcoming Budget. Kristaline Georgieva, the institution's managing director, claimed Britain's budget defici
Bank of America has been fined $1.2bn for failing to detect potential money launder and other illegal activity ahead of its quarter three results. The US Treasury Department said the banking giant failed to report more than $5bn in suspicious activity to the government, claiming that $1bn of which p
Brooks Macdonald has recorded a “significant improvement” in its net flows, with inflows of £54m as outflows from its private client business narrowed to £53m. The wealth manager’s net inflows for the three months to 30 September compare with net outflows of £49m
M&G has launched its first long-term asset fund (LTAF), funded through the firm’s £138bn with-profits fund. The M&G Diversified Private Credit Feeder Long-Term Asset Fund will launch with £74m, with 90% of its assets invested into the M&G Diversified Private Credit Fund
