The European Central Bank (ECB) has raised its key interest rate by 25 basis points following price pressures triggered by the conflict in the Middle East, predicting inflation will remain "well above target" for an extended period. The ECB's Governing Council voted on Thursday to raise all three of
Aberdeen
Murray Income Trust has reported a 9.1% increase to its net asset value (NAV) ahead of a 4.7% return from the benchmark since Artemis Investment Management took control of the £924m trust from Aberdeen. The trust reported a net asset value (NAV) return of 15.1% compared to a benchmark return o
Aberdeen Group has appointed Torbjörn Magnusson to its board as a non-executive director and chair-designate. The appointment, which is effective immediately, will see Mr Magnusson take over from interim chair Jonathan Asquith, who stepped in after Sir Douglas left the role following the AGM in
SBP Accountants & Business Advisers (SBP) is expanding its presence across the North East after acquiring Inverurie firm BW Accounting. The move will see SBP add about 300 businesses and individuals to its client base. It now operates across five locations in the region.
Phil Anderson Financial Services has expanded its team and opened a new office in Aberdeen. The independent financial advice firm opened its new Aberdeen office at 52 Carden Place at the beginning of July. It also appointed Farai Magodo as a financial planner and Cyprus Adams as a trainee financial
Accountancy firm Hall Morrice has revealed plans to launch a dedicated artificial intelligence (AI) service following a record year. The Aberdeen-based business recorded turnover reaching £6.2 million, due to an increase in its statutory audit work and demand for its advisory services.
Aberdeen Investments has finalised the sale of its stake in aventron Norway to SEB Nordic Energy. The transaction was executed through Aberdeen's SL Capital Infrastructure I fund, with SEB acquiring the holding via its portfolio company, Locus Energy.
Aberdeen Asian Income Fund (AAIF) has enjoyed a strong start to 2026 delivering a 28% total return on net asset value (NAV) in the six months to the end of June and producing a 30.9% total return on its share price. The fund's NAV is ahead of the 25.7% return from the MSCI AC Asia Pacific ex Japan I
The Association of Investment Companies (AIC) has called on the Financial Conduct Authority (FCA) to reform its listing rules "exposed" by activist investor Saba Capital. The AIC proposed that when a substantial shareholder seeks to take control of the management contract of an investment trust, thi
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
The Bank of England has left interest rates unchanged at 3.75%, with policymakers opting for caution as they assess the impact of recent energy market volatility and inflationary pressures. The Monetary Policy Committee voted 7-2 to keep Bank Rate on hold at its June meeting, although two members ba
The government plans to review the rules around Flexible Apportionment Arrangements (FAAs) after a major pension deal involving the Stagecoach Group Pension Scheme (SGPS).
UK real gross domestic product (GDP) grew by 0.1% in the three months to November 2025, according to the latest figures published by the Office for National Statistics (ONS).
Aberdeen, the specialist asset manager, has outlined six macro themes it believes will reshape investing in 2026 and beyond. The six themes are geopolitical risk, economic fragmentation, diversification, challenges to central bank independence, rising debt servicing costs, and US equity market conce
Glasgow-based Ascot Lloyd is to acquire Aberdeen's financial planning business, Aberdeen Financial Planning. Aberdeen has reportedly been searching for a buyer since the start of the year and last week confirmed it had struck a deal to sell the business for an undisclosed sum.
