News

Aberdeen Standard Investments (ASI) has created an innovative new platform that will allow investors to track a broad spectrum of investable hedge fund benchmarks for the first time. Drawing on the public market equity tracker model, where half of US equity assets are passively invested, the platfor

Scottish business organisations have responded to Chancellor Rishi Sunak's Spending Review statement, with some calling the announcement "disappointing". The chancellor announced that public sector pay will be frozen with the exception of NHS staff and those earning under £24,000. He also anno

Aberdeen New India Investment Trust, a fund managed by Aberdeen Standard Investments (ASI), has posted strong six month results as its share price and net asset value both increased substantially over the period.  Over the six months ended 30 September 2020, the company’s NAV increas

Edinburgh has been named one of the most innovative cities in the UK and among the world’s top 50 in a new report from Knight Frank.

Kevin Collie, senior paraplanner at Mearns and Company, discusses the DIY skills individuals may have learned throughout lockdown. It seems like only yesterday that we emerged from our lockdown bunkers ready to face the world again. Some of us were sporting once-in-a-lifetime lockdown tans and other

Altia-ABM, a Glasgow-based specialist in investigation and cover operation software, has announced expansion plans after private equity firm NorthEdge backed the buyout of the group. The investment from NorthEdge backs Altia-ABM’s newly promoted CEO Rob Sinclair, who joined the company in 2017

The Scottish Hospitality Group is calling for the Scottish Government to unequivocally promise that pubs, bars and restaurants won’t be faced with an unfair festive hangover due to the relaxation in lockdown rules.

Shoppers are being called on to support their local high streets and retailers this Christmas, keeping money in their community and giving a much-needed boost to the local economy. Launched today, Buy Angus, led by Dundee and Angus Chamber of Commerce (DACC) and Angus Council, is putting the spotlig

The Royal Bank of Scotland is predicting a 40% increase in the number of scams reported this Black Friday compared to the same time last year as online shopping fraud rapidly rises. During lockdown criminals are taking advantage of more customers shopping online. The most popular fake ads involve th

More than £77 million was spent locally by Scottish Borders Council in 2019/20, according to the council's annual procurement report. The report, which is a legal requirement, will be discussed at a meeting of the council's executive committee next Tuesday.

Olive, a UK-wide managed cloud communications provider, has expanded into Scotland with the launch of a hybrid business hub to scale its regional footprint and serve its local business and enterprise clients. Establishing a presence in Scotland has been a key priority for Olive as it continues on it

A man who held a cardboard sign with a smiley face on it outside of a police station has been arrested for taking part in an illegal protest. Jolovan Wham was arrested in Singapore after the brief one-man demonstration in solidarity with arrested climate activists, The Guardian reports.

Virgin Money, owner of Glasgow-based Clydesdale Bank, has posted full-year pre-tax profits of £124 million marking a 77% decline from the £539m posted the previous year.

Stuart Clark, managing director at Glasgow-based Russell & Russell Business Advisers, discusses the complexities of the tax involved in using gift vouchers in the hospitality sector. For business people and their professional advisers, it is like trying to navigate a pathway on constantly shifti

Aberdeen Japan Investment Trust, a fund managed by Aberdeen Standard Investments, has outperformed its share price and net asset value benchmark in the six months to 30 September.  The company’s net asset value total return for the six month period to 30 September 2020 was 26.3%, pos