News

Women are more likely to be worried about affording everyday outgoings over the next 12 months as day-to-day financial pressures threaten long-term savings and investments, new research from Scottish Friendly reveals. The mutual’s latest Family Finance Tracker research shows that 71% of women

A new financial planning business has launched in Aberdeen, bringing together almost two decades of experience and a relationship-led approach to helping clients plan for their financial future. Fifty Financial Planning, founded by Advising Principal and Director Elaine Clunie, provides personalised

Growth in the UK was at a faster pace than many had expected at the beginning of the year, 0.6% in the first quarter of the year. The data from the Office for National Statistics show the UK outpaced the rest of the G7. The US and Japan were close behind, with quarterly growth of 0.5%, while Italy a

Children in Michigan could be allowed to run lemonade stands without permits or licence fees under legislation approved by the state House of Representatives. The bill would exempt minors operating temporary food businesses on private property from permit requirements, provided they sell only lemona

Hundreds of unwanted treasures from the Scottish castle bought by comedian Alan Carr are heading to auction.

Murphy Wealth has appointed Shane Presley to the role of senior financial planner. Mr Presley joins the Glasgow-based wealth manager as a senior financial planner, bringing with him more than 30 years’ experience across financial advice, planning, and investment. A member of both the Char

HMRC has launched legal proceedings to wind up two Glasgow-based companies suspected of promoting tax avoidance schemes that may have affected NHS and local council workers in Scotland.

A new partnership between two of Scottish fintechs is set to simplify the regulated onboarding of clients and customers for financial services firms as the sector faces increasing pressure to implement digital infrastructure to meet compliance requirements.  Legado and Amiqus have formed a tech

The Financial Conduct Authority (FCA) is proposing changes to listing rules for investment trusts which will strengthening shareholder protections. The suggested reforms come in the wake of Saba Capital’s successful ousting of the board of Edinburgh Worldwide Investment Trust in April, replaci

Aligning the underperforming Murray Income Trust more closely with Artemis’ flagship UK Income Fund will be key to turning around its fortunes. That’s the view of the Artemis’ UK equity income team which is now managing the £892m trust following the switch from Aberdeen earli

Baillie Gifford UK Growth Trust is testing the patience of shareholders, admits the chairman, after poor stock selection led to a sharp fall in second half performance. After outperforming in the first half, its returns were poor in the second six months and its net asset value total return of 15.6%

A stronger performance than expected has led the Fraser of Allander Institute to upgrade its forecast for Scottish GDP growth. Though revised only modestly to 1% from 0.9%, it reflects the institute's view that the Scottish economy has continued to demonstrate resilience despite uncertainty arising

Nine banks have been appointed to a framework that will advise and support on the delivery of the Scottish Government’s £1.5 billion bonds programme over the next five years. HSBC, Merrill Lynch International, NatWest Markets and RBC Europe have been selected to act as the joint bookrunn

Pensions savings should have a “home bias” that directs a huge stockpile of cash into UK companies, according to Andy Haldane, the president of the British Chambers of Commerce. This would help close a funding gap that hampers the growth of small and medium-sized businesses, he told the

Music fans and collectors are set to get their hands on a piece of rock history after guitarist Johnny Marr announced plans to auction almost 100 guitars from his personal collection.