News

The Bank of England is under intense pressure to raise interest rates tomorrow, following a rout in global bonds fuelled by concerns over government borrowing and sticky inflation. Inflation jumped to 3.1% in August from 2.9% in July and 2.6% in June, as fuel prices hit their highest in four years,

Aberdeen New India Investment Trust has outperformed the MSCI India Index benchmark by 4.7 percentage points with its adjusted NAV per share total return for the assessment period start to August 31, 2026 at 23.9%. Performance over the Assessment Period is measured against the MSCI India Index, whic

The City of London Investment Trust has increased its dividend for the 60th consecutive year to 4% delivering the longest record of consecutive annual dividend increases in the investment trust sector.   The annual dividend was 2.6% ahead of UK consumer price index (CPI) inflation. Over ten yea

Caledonia Investments has appointed Alastair Vere Nicoll as a non-executive director with effect from 15 September 2026. Mr Vere Nicoll started his career as a private equity lawyer at international law firm Freshfields. He later founded Berkeley Energy, a business focused on developing, constr

Fund managers at Schroder Asian Total Return (ATR) have raised the alarm over a potential bubble in Taiwanese and Korean technology stocks including the US artificial intelligence companies they supply, amid renewed signs that capital spending on AI maybe waning. The investment trust reaped the rewa

Caledonian Holdings has revealed plans to issue another set of shares to repay part of a loan it received from Yorkville Advisors Global. The AIM-listed firm, which is aiming to build an integrated financial services group, said in a statement that it had raised £644,147 through the sale of 41

UK crypto-as-a-service platform Zumo has teamed up with specialist regulatory and financial services firm Zeyro to help cryptoasset businesses navigate regulatory rules around marketing their products. Firms are banned from advertising financial products or services unless they meet rigorous standar

Rothschild UK Wealth Management has poached RBC Brewin Dolphin's London head Annabel Bosman. Bosman resigned from RBC Brewin last weeks following seven years with the firm to join Rothschild UK, which has been investing heavily on its UK wealth business.

Unity has provided almost £143m to Community Development Finance Institutions  Unity Trust Bank has launched a new six-figure grants programme to support the responsible finance sector.

HgCapital Trust has reported a decrease of 4.9% in its net asset value (NAV) to 530.7 pence per share, despite a strong first half for 2026 across its portfolio. The firm reported net assets of £2.4bn, with its share price seeing a sharp decline of 24.9% on a total return basis, and market cap

YFM Equity Partners has appointed Oliver McRae as investment director in its Yorkshire team.  

More than £1bn in inheritance tax was paid by the estates of wealthy families who put off gifting until it was too late, new figures show. Data obtained by financial advice firm, NFU Mutual, showed that more than 5,000 estates paid in excess of £1bn in IHT on lifetime gifts in the tax ye

Greencoat Renewables' return to profit has been undermined by the shortfall in wind production and shares trading at a 24% discount to net asset value (NAV). Profit after tax for the period running to the end of June 2026 increased to €11.9m following a loss of €68m for the same period las

Mirabaud Asset Management has hired former Aviva Investors duo Giles Parkinson and Will Ballard to launch their new global equity strategy. Mr Parkinson spent five years working as head of equities at Trinity Bridge before that, he worked alongside Mr Ballard at Aviva Investors, where he was a portf

Aberdeen Investments has told Chancellor John Healey the UK risks falling further behind Asia on retail investing unless he acts in October's Budget. Research by the firm found that Japanese households now hold 9% of their wealth in equities and mutual funds outside pensions, compared with just 8% i