Dundee-based investment company Alliance Trust has posted its annual results which reveal the company's outperformance in 2019. The Trust’s Total Shareholder Return for 2019 was 24.3% (2018: -6.1%) and the Trust’s Net Asset Value (NAV) Total Return1 was 23.1% (2018: - 5.4%) versus 21.7%
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Helen McKay, the risk and compliance officer for LendingCrowd, has been recognised in the Innovate Finance Women in FinTech Powerlist 2019. Edinburgh-headquartered LendingCrowd is the only fintech lending platform headquartered in Scotland.
The Scottish private sector economy approached stagnation in February, growing only fractionally, according to the latest Royal Bank of Scotland Purchasing Managers' Index (PMI). At the sector level, a mild decline in services activity almost offset renewed growth in manufacturing production. M
Murray International Trust, an investment fund run by Standard Life Aberdeen, has signalled its intention to appoint former Fidelity International investment chief Simon Fraser as its next chairman, following a year of underperformance. Mr Fraser will join the board of Murray International Trus
Royal Bank of Scotland has supported BauMont Real Estate Capital’s acquisition of Hermiston Gait Retail Park in Edinburgh, a prime retail park comprising 306,000 sq ft of space anchored by Tesco and B&Q. It is strategically located to the west of the city and benefits from excellent t
Assetz Capital has surpassed the £1 billion mark for lending to SMEs and housebuilders across the UK, with more than £115 million being deployed in Scotland since 2013. As part of its business lending, Assetz Capital has been a key supporter of the UK housing market, funding a total of 4
David Nicol, the Scottish CEO of wealth manager Brewin Dolphin, has won the Lifetime Achievement award at the prestigious City of London Wealth Management Awards (COLWMA) which took place on Wednesday. COLWMA was established to recognise those wealth management companies displaying high levels of se
Edinburgh-based iDelta has launched an app to help banks fight back against the rise of online challenger banks such as Revolut and Monzo.
Permanent staff appointments declined for the first time since last October in February, amid reports of candidate shortages and muted demand for staff, according to the latest Royal Bank of Scotland Report on Jobs. The report has also revealed that temp billings fell and at the quickest rate s
Oban-based whisky distillery Nc'nean has secured over £1.7 million from investors to accelerate growth in the highland distillery.
The Alison Rose Review of Female Entrepreneurship published its Progress Report yesterday– a year on from launch, and announces the development of ‘The UK Enterprise Fund’ in partnership with BGF. Last year, the Government-commissioned Review identified 8 practical
Insurance giant Aviva, which employs 2,500 staff across hubs in Perth and Bishopbriggs, has announced that it will sell its joint venture in Indonesia, PT Astra Aviva Life, to Aviva's joint venture partner, PT Astra International Tbk. Aviva's boss Maurice Tulloch, hinted of its intention to sell off
Leadership progress has stalled for women despite businesses taking more action than ever to increase gender diversity, according to Grant Thornton's International Business Report. A total of 78% of mid-market businesses globally are actively working on removing barriers to gender parity at senior l
Yesterday, MSPs formally signed off on the Scottish Government's £40 billion budget for 2020/21 by 63 votes to 55.
The Financial Conduct Authority (FCA) has today published proposals outlining new climate-related disclosure requirements for premium listed issuers. The new rule will require all commercial companies with a premium listing to either make climate-related disclosures consistent with the approach set