News

The Financial Reporting Council (FRC) is on track to become a new, more resilient regulator according to an analysis of its recently released Annual Report and Accounts. Sir Jon Thompson, FRC CEO, said: “The improved capacity, capability and processes that the FRC delivered in 2020/21 have mov

Two boxes of sealed Pokemon card sets have been sold for more than £19,000 at auction. The boxes, purchased 21 years ago for around £30, were sold after the owner researched the prices they could fetch.

Dundee-based investment company Alliance Trust has posted strong half-year results with the company confirming a second quarterly dividend of 3.702p – an increase of 3% on last year. The company's Net Asset Value (NAV) Total Return reached 14.8% in the second quarter of this year, outperf

The UK Government has announced that it intends to sell part of its shareholding in NatWest Group plc (formerly the Royal Bank of Scotland Group plc).

Sue Gilchrist, legal director at Pinsent Masons, considers the impact of the latest public health guidance on Scottish business.  Scottish business, just as much as our English counterparts, was switched on to review the UK government guidance issued on working safely during coronavirus in Engl

Asset & wealth management firm Asset Co has announced that it will pay £16.5 million for a 63% stake in Rize ETF, a thematic exchange-traded fund provider. Asset Co has also committed £5.25 million to help fund the growth of the business. The equity interest will be acquired fro

Wealth manager Brewin Dolphin has posted record gross discretionary fund inflows of £1.3 billion for the third quarter ended June 30 2021. The gross discretionary inflows were higher than the £1.0bn reported in Q2, with Brewin Dolphin stating that continued growth across its direct and i

Investment in Scottish commercial property increased by more than one-third (35%) compared to the same period last year during the first six months of 2021 as the market continued its recovery from the pandemic, according to analysis from Knight Frank. The independent commercial property consultancy

Legal firm Addleshaw Goddard’s corporate team in Scotland has advised on the initial public offering (IPO) and admission to the AIM market of the London Stock Exchange for innovative global healthcare firm, GENinCode. Specialising in cardiovascular disease risk assessment, GENinCode's products

Aberdeen Standard Investments (ASI) has announced the launch of a range of climate funds aimed at supporting the shift towards net zero global emissions. The new ASI funds are all EU SFDR article 9 funds, each focusing on specific aspects of the journey towards Net Zero, offering investors access to

A £21 million digital dairy project aiming to create 600 new jobs has been announced in partnership with the University of the West of Scotland (UWS). It is expected the Digital Dairy Value-Chain could generate an additional £60 million a year for the South-West Scotland and Cu

Global real estate advisor CBRE has announced it is relocating its team from three offices into a new prime office in Glasgow city centre. CBRE has secured the ground floor at 177 Bothwell Street in the city centre, extending to almost 18,000 sq ft. It is currently being developed by HFD Property Gr

The Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) have revealed that most people in the UK have "reasonable access to cash" through a combination of banks, building societies, or Post Office branches and ATMs. The two organisations have published a report which take

Hamilton-based proptech company Utopi is preparing to scale up in Europe as it secures initial orders for more than 2,000 of its unique sensor devices. Falk Bleyl, CTO at Utopi, with the multi-sensor.

The Financial Reporting Council (FRC) is seeking views on amendments made to the Audit Enforcement Procedure (AEP). The FRC has reviewed the AEP and intends to amend it. Through this consultation, the FRC seeks feedback and comment on these proposed amendments.