News

Close Brothers Asset Management (CBAM) has appointed Alastair Wilson to the role of managing director, strengthening the high net worth investment management capability of the firm’s office in Edinburgh, and supporting its ongoing growth. Mr Wilson has more than thirty years’ experience

Royal London Asset Management’s funds rose to a record £130 billion in the first six months of the year on the back of new institutional mandates, the firm's half year numbers have revealed. Funds at the UK’s largest mutual life insurance and pensions company rose by 14 per ce

Scotland's unemployment rate has risen in recent months, according to new official figures. From April to June Scots out of work rose by 12,000 to 102,000 (3.6 per cent), although this was below the UK rate.

By Alan Harvey, chartered financial planner and assistant director at Brewin Dolphin, Glasgow Facing increasing pressure to resolve an ongoing pension crisis, the NHS is at risk of losing a crucial proportion of older doctors because of restrictions on annual and lifetime savings.

Leigh Grubb is to join Caledonia Housing Association as its new director of finance and governance. A qualified chartered accountant and former chief operating officer, Leigh has over 20 years’ experience within the financial services industry, including a number of senior manag

Glasgow-based commercial property firm Murphy Property is expanding its portfolio of properties, with the acquisition of an existing East Kilbride office development and construction of a new commercial trade park (Stroud Road Trade Park), thanks to a seven-figure funding package from Royal Bank of

The New Zealand government has given the green light to companies in the country to legally pay their employees in cryptocurrency, establishing the controversial asset class as a mainstream form of payment.

The frontrunner reportedly set to replace Ross McEwan as chief executive of Royal Bank of Scotland will receive £250,000 less than him due to the bank being restricted by new corporate governance rules. According to The Times newspaper, Alison Rose, who runs the commercial and private banking

Customers of Royal Bank of Scotland subsidiary NatWest will soon be able to find out their bank balance and hear their latest transactions on smart speakers after the lender announced it will embark on a trial of voice banking.

UK plc borrowing rose for the eighth consecutive year in 2018/19, according to the latest Link Group UK plc Debt Monitor. Net debt (total borrowings less cash), jumped 5.8 per cent to a new record of £443.2bn, even allowing for higher cash balances.

Former executive director of the Institute of Chartered Accountants of Scotland (ICAS), Atholl Duncan, has been appointed as the new chair of the Scottish Salmon Producers Organisation (SSPO). The appointment comes as the organisation released figures showing overseas sales of salmon have risen by 2

Scotland’s private sector economy approached stagnation in July, growing only fractionally, the latest Royal Bank of Scotland PMI has revealed. Order books increased for a second month running, however growth here was driven entirely by demand for services as manufacturing sales dropped sharpl

High street retailers in Scotland saw a 4.8 per cent dip in footfall last month, according to the latest figures.

Legal & General Retail Retirement (LGRR) has acquired MyFutureNow, which specialises in pension pot tracing and consolidation.

By Graeme Hartop, chief executive at Hampden & Co