News

Aberdeen Group reported a 4% rise in assets under management to £578.9 billion from the year-end, driven by positive market conditions and acquisitions. In a third quarter update, the interactive investor platform saw strong growth with £2.5bn in net inflows for the quarter, a 32% year-o

The unexpected rise in inflation in September is likely to prompt the Bank of England to increase interest rates next month. According to the Office for National Statistics, inflation jumped 0.4% to 3.5% - higher than expectations.

The UK Government's National Wealth Fund has committed more than £2.8 billion of capital to projects in Scotland, new figures show, accounting for more than a quarter of capital deployed so far. The Fund’s commitments have so far helped to drive a total of £6.6bn of public and priv

River UK Micro Cap (RMMC) has reappointed Liontrust Investment Partners as the company’s investment manager. The company will be co-managed by UK equity fund managers Anthony Cross and Hugh Sergeant, who have more than 60 years’ experience between them.

CBI chief executive Rain Newton-Smith will today urge the Chancellor to avoid adding to the tax burden on the financial services sector, insisting it would be an "own goal for our competitiveness." Ms Newton-Smith will warn that taxes in the UK are already higher than in other global centres and ris

AAB, the professional services company founded in Aberdeen, has acquired specialist capital allowances advisory firm Veritas Advisory. The deal expands AAB's reach across the investment, real estate and private capital markets.

Nearly two thirds (63%) of Chartered Accountants are urging Chancellor John Healey to prioritise tax certainty in next week’s Budget and avoid further pressure on businesses. A new ICAS survey found just 3% of members support higher taxes on businesses or employers.

More than four in five (82%) finance leaders in the UK and Ireland say they feel under pressure to adopt AI in their finance function faster than they are currently comfortable with, according to new research. According to a survey carried out by AccountsIQ, which delivers cloud accounting software

Chancellor John Healey will not increase capital gains tax in next week’s Budget despite pressure from some of his Cabinet colleagues. Wes Streeting and Louise Haigh have been among those wanting to see a rise in the tax imposed on the profit made when an asset has been sold, such as shares in

The Royal Bank of Scotland has named Robert Begbie as Executive Chair, Scotland and Senior Advisor, Commercial & Institutional. He takes on the newly-created position from 1 January 2027. 

Adam Maitland has been appointed head of Cooper Parry's national Corporate Finance business, leading one of the UK's fastest-growing advisory teams from the firm's Scottish hub in Aberdeen. Mr Maitland, who takes on the role from Andy Parker, joined Cooper Parry following its 2025 acquisition of Hut

UK traders are increasingly shorting the big four British banking stocks ahead of the Autumn Budget, with short-selling activity surging 69% week-on-week according to new data. The figures are from investing and trading platform IG, with the rises coming amid speculation that Chancellor John Healey

Beeks Financial Cloud Group, the Renfrewshire-based markets technology enabler, has reported a record performance driven by momentum across its product range. The company, which is quoted on the Alternative Investment Market, has also announced positive first quarter momentum.

The Scottish Government is exploring new ways to privately finance major public infrastructure projects, with the Scottish Futures Trust leading work on alternative funding models as pressure on public finances constrains capital spending. The trust is working with the market on a revised approach t

Scottish Building Society has become the first UK lender to go live on a new artificial intelligence platform that lets it run generative AI without customer data leaving its own environment, according to the financial technology provider SBS. The society, a long-standing SBS client, runs the SBS AI