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Ownership of investment trusts in the UK has fallen to a five-year low despite growth in the UK's DIY investing market, according to Boring Money's research. It found that around 9% of UK investors own an investment trust - the lowest level since Boring Money began collecting its data in 2021.

Interpath have been appointed as the joint administrators for Strathmore Hotels after it fell into administration. Alistair McAlinden and James Dewar stated that the companies will continue to trade as they review options for the business moving forward and they confirmed that all 410 employees will

Aberdeen Adviser has selected LegadoSign to secure all of its digital signing across its customer onboarding documents. The Edinburgh-based tech company signed a multi-year partnership with the FNZ to integrate its technology into FNZ's global wealth management platform last year. As part of th

Scotland generated a record £98.3 billion in revenue during 2025-26: an annual increase of £6.3 billion (6.9%), according to the Scottish Government. The revenue per person in Scotland at £17,718 was similar to the UK average of £17,720 in the same year, when revenue from the

Legal & General has strengthened its board with the appointment Kirsty Cooper CBE as an independent non-executive director. Ms Cooper will stand down as a director of Scottish Widows on October 31 before taking her new role as group remuneration and group enterprise transformation committees &nb

AJ Bell has updated its logo in a bid to reinforce its "feel good investing" campaign. The investment platform confirmed it will keep its brand name the same, but will be launching a new logo that will feature a bell as the front graphic with a new font and colour palette from September 5 on its dir

The ongoing war in Iran is pushing up borrowing costs for small and medium enterprises (SMEs) and could prove the final nail in the coffin for some businesses, a sector specialist has warned. Mark Barrie, Head of debt advisory at accountancy firm Azets, believes the war, which began in February, is

Royal London has identified seven funds needing improvement in its latest Assessment of Value (AoV) report after a "demanding" year for investors. The Edinburgh-based asset manager highlighted that seven of its 40 funds were "flagged for review", five funds had "a potential issue", and two of the fu

Continuum founder Martin Brown has announced he will retire and step down from his role as managing partner at Continuum at the end of August after more than a decade leading the firm. Mr Brown, who has spent more than 30 years in the advice sector, founded Continuum in 2014 with a vision to create

  Politicians have written to the chief executives at every major bank in the UK, demanding explanations regarding their restrictive policies toward cryptocurrency and digital asset firms.

Aberdeen Asia Focus (AAS) confirms it has comfortably beaten the benchmark for its five-year performance conditional tender test by nearly 30% - meaning no tender will be triggered. The board revealed its performance has "significantly exceeded" the MSCI AC Asia ex Japan Small Cap Index by 29.4%. Ov

Schroder Asian Total Return has confirmed details of its £1.04 billion merger with Pacific Assets Trust, including fee cuts and a planned £2.4 million cost offset. The London-headquartered firm published shareholder circulars to put its planned merger into effect following its initial an

Baillie Gifford concluded that all 30 of its funds delivered value for investors in the year to 31 March 2026, despite several funds suffering from a "sustained period of weak returns". The Edinburgh-based asset manager pointed to broader market trends in two areas in its latest Assessment of Value

London Market Group (LMG) has called on the UK Government to add a "ratcheting mechanism" to prevent complacency in the sector as part of the Financial Services and Markets Bill. The trade body proposed changing clause 17 of the draft bill, currently making its way through the House of Commons, in a

The Royal Bank of Scotland and Harper Macleod have teamed up to offer expert legal advice to thousands of Scottish start-ups. Delivered through the Royal Bank Accelerator programme, the agreement will see a dedicated solicitor assigned to the Glasgow and Edinburgh Accelerator hubs.  The legal e