News

Edinburgh-based Baillie Gifford announced yesterday that it has cut its stake in Tesla to 4.25% in an attempt to prevent its clients being over-exposed to the company.

Anderson Anderson & Brown Wealth Ltd (AAB Wealth) has announced the appointment of chartered financial planner Richard Johnston. Mr Johnston brings over 15 years’ experience in financial services to the firm, having previously led the Financial Planning team at Murray Asset Management

Scotland's Youth Guarantee will focus on identifying youth employment opportunities with employers in the financial services sector. Sandy Begbie, who led the Developing the Young Workforce Group that played a pivotal role in the delivery of the Edinburgh Guarantee to young people, was asked to writ

The Royal Bank of Scotland has partnered with Converge, Scotland's largest company creation programme for the Higher Education sector, to launch a new award designed to promote female entrepreneurship in Scotland. Named after Alison Rose, CEO of RBS and author of the 2019 HM Treasury-commi

The Scottish Government has announced that five technology hubs will be established with £4 million to support the next generation of Scottish start-ups. This initial funding, announced today by finance secretary Kate Forbes on a visit to the CodeBase technology incubator in Edinburgh, will in

Trade minister Ivan McKee is calling for the UK Government to seek action to tackle antimicrobial resistance (AMR) in future free trade agreements with other countries. In a letter to UK Government’s trade minister Greg Hands, Mr McKee expressed concern that should this issue not be addressed

The boom in online shopping during the coronavirus pandemic has seen more than one in seven UK retailers (15%) create roles specifically to cater to an increase in digital sales and boost online capacity, according to a study of over 300 senior retail executives conducted by Barclays Corporate Banki

A tax break scheme to lure the wealthy to Italy has attracted super-rich Britons. The €100,000-a-year flat tax, which is payable on money earned abroad by anyone who changes their tax residence to Italy, has seen 784 high worth individuals make the move in the first two years, The Times reports

Scottish accountancy firms Campbell Dallas and Scott Moncrieff are to rebrand as Azets, the largest brand within Cogital Group, the fast-growing global accounting, advisory and business services group. Following the rebrand, which includes several other well-known UK accountancy firms, Azets wi

Spirits producer Edrington Group has appointed Scottish accountant Angus Cockburn to its board of directors.  He joined the board as a non-executive director on September 1. 

Addleshaw Goddard has advised GEN inCode UK Limited, an artificial intelligence cardiovascular disease specialist, on a £3 million fundraiser from Maven Capital Partners and Downing LLP. GEN inCode specialises in genetic risk assessment and prediction of cardiovascular disease through advanced

House prices in the UK rose by a substantial 2.0% month-on-month in August, marking the largest monthly rise since February 2004, according to Nationwide's latest House Price Index.

The Scottish Government is to set up a national training fund and jobs investment plan to support people at risk of redundancy or unemployment and create new jobs as part of Scotland's coronavirus recovery plan. Unveiled by First Minister Nicola Sturgeon during the Programme for Government 2020-2021

The Scottish Government has announced a £160 million investment for forestry and agriculture.  An additional £100m was announced in the Programme for Government for Scottish Forestry to increase new planting, alongside £30m to Forestry and Land Scotland to expand national

Of the 3.7 million UK households who have been granted a bill ‘payment holiday’, over six in ten are already facing financial difficulties and will struggle to repay their debts when these arrangements end, according to a national survey of household finances conducted by the Standa