Sandy Begbie has said he is “humbled” to have been recognised with an honorary degree from Abertay University for his contribution to business. The outgoing chief executive of Scottish Financial Enterprise (SFE) admitted he “couldn’t have imagined” receiving an honorary
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Inception to pre-seed venture capital firm Techstart Ventures has launched a new weekly "pressure test" for founders to test unproven ideas. Robert Gelb, one of the pre-seed investors working at Techstart Ventures explained there were three propositions venture capitals don't invest in at the
Schroder Income Growth Fund has reported a net asset value (NAV) total return of 19% and a share price total return of 23%, compared with 21.3% for its benchmark, the FTSE All-Share Total Return Index, as it recorded its 31st consecutive year of dividend growth. Outgoing chairman Ewen Cameron Watt h
Professional services and accounting firm Wbg has relocated its East Kilbride office to Eurocentral. The move to Maxim 1, Maxim Park, comes on the back of the firm’s own growth within Lanarkshire, necessitating larger and more accessible accommodation to service the requirements of its staff a
FinTech Scotland has appointed CienDos founder Jules Salmond and Scottish Equity Partners' Andrew Davidson to its board. The appointments of Salmond and Davidsons is hoped to give the board a more active role, including in shaping strategy, focused on ensuring the board can provide input aligned wit
Wedbush Fund Advisers and HANetf have launched the Dan IVES Wedbush AI Revolution UCITS ETF, giving European investors access to 30 companies at the heart of the artificial intelligence boom. The ETF targets companies driving AI infrastructure and deployment across semiconductors, hyperscalers, cybe
Caledonia Investments has delivered a net asset value (NAV) total return of 5.4% and announced a 20p-per-share “special dividend” to provide an additional return for shareholders, in its half-year results for the six months to 30 September 2026. The investment trust reported NAV per shar
Channel Finance Group has made four new appointments including the addition of Noemaan Butt as its new chief corporate finance and legal officer as it signs a three-year deal to headline sponsor the Scottish Property Awards. Gauhar Ejaz, Lauren Ryan and Sophie White join the team as part of Channel
The Scottish National Investment Bank has announced plans to launch its first-ever fund, the Scottish Universities Fund. The fund, which will begin investing in spring 2027, is designed to support the creation and growth of innovative businesses emerging from Scotland’s universities. It also a
Barclays has opened a new office in Riyadh, the capital of Saudi Arabia, despite rivals scaling back operations in the Gulf, due to the war in the Middle East. The UK-headquartered bank announced that the office, located in the city’s financial district, is part of its plans to expand its busi
AAB has acquired specialist provider of internal audit, governance, risk, and assurance services firm Validera to strengthen its risk assurance expertise across the public and private sectors. The acquisition allows the firm to expand its provision of independent, flexible internal audit services de
The FTSE 100 rose 0.48% this morning as hopes of a de-escalation in the Middle East helped offset renewed pressure on technology stocks following fresh concerns surrounding Nvidia. US President Donald Trump said it was “highly unlikely” that he would launch new strikes on Iran, lifting h
The private equity owners of Hargreaves Lansdown are set to receive nearly £800m in dividends since taking the wealth manager private in a £5.4bn deal. The Bristol-based investment platform paid £600m in dividends during the year to June, with a further £189.3m declared in Se
Robert Terry, the businessman at the centre of the Quindell scandal, is plotting a return to the stock market. Terry shot to fame as the boss of the AIM-listed insurance outsourcer, which was valued at £2.7bn on the stock market at the height of its success.
A new financial advice boutique has been launched by the former head of Rathbones' Bristol office to counter the rise in the rapid consolidation in the market. Sam Wright established Westpeak Wealth, earlier this year, following a career spanning more than 20 years as an investment manager. The fina
