News

Edinburgh-based financial services company Nucleus Financial Group has seen its assets under administration (AUA) increase to £18 billion in the three months to March 21 2021. This figure is up 28.4% year-on-year and 3.1% on the previous quarter. By comparison, the FTSE All-Share Ind

The RSM Financial Conditions Index has continued to improve, and with it a trajectory that steepened marginally, reflecting a wider more optimistic mood amongst policymakers and analysts as they revise up their Q1 GDP figures. The firm’s Index, an aggregated performance indicator of currency,

Law firm Morton Fraser has appointed one of Scotland’s most respected restructuring and insolvency lawyers, Yvonne Brady, as head of strategy - restructuring and insolvency. The position has been created by Morton Fraser specifically for Ms Brady, who began her role on Monday 12th April.

Iain Penman, senior associate at Brodies LLP, discusses the changes to Scotland's bankruptcy laws in the wake of the coronavirus pandemic. Last year, temporary changes to the bankruptcy process were brought in by the Scottish Government, to help individuals financially impacted by the pandemic. Scot

Glasgow-based recruitment technology start-up Candidate.ID has secured an additional £700,000 of funding from Blackfinch Ventures. The venture capital firm initially invested £630,000 in April 2020, taking its total investment to £1.3 million.

Non-bank or direct lending recorded the highest number of deals ever in the final quarter of 2020, according to Deloitte’s latest Alternative Lender Deal Tracker.

Rupert Thompson, chief investment officer at UK-based wealth management group Kingswood, discusses the debate around whether there is still a place for traditional portfolios made up of 60% equities and 40% bonds. There has been much debate around whether there is still a place for traditional

A £911,000 investment will help University of Dundee spin-out company Ten Bio Ltd to commercialise the human skin culture system it developed to provide a viable alternative for many experiments currently performed on animals. Led by TRICAPITAL LTD and with matched funding from Scottish Enterp

Commercial landlord Hammerson has confirmed it is in talks with private equity firm Brookfield to sell seven of its UK retail sites, including Falkirk retail park, in an attempt to safeguard its finances. Alongside Falkirk's Central Retail Park, the portfolio comprises commercial units in Didcot, Mi

International law firm CMS has announced five new partner promotions in Scotland. Employment lawyer Catriona Aldridge joins fellow Edinburgh-based colleague Claire Wallis and Glasgow-based Mike McColl, both from the firm’s Real Estate team, in making the move to partner level.

Exports of goods from the UK to the EU partially rebounded in February 2021, increasing by £3.7 billion (46.6%) after a record fall of £5.7bn in January, according to the latest figures released by the Office for National Statistics (ONS). The ONS said that the increases in exports to th

A scorned judge who took revenge on her cheating partner by "marrying" him in a sham ceremony with an impersonator has been ordered to retire.

UK listings experienced a very strong start to the year with more funds raised in the opening quarter of 2021 than in any other opening quarter since 2007, and the most raised in a single quarter since 2014, according to the latest EY IPO Eye.

Voyager, the Perth-based health and wellness company established to supply high-quality Cannabidiol (CBD) and hemp seed oil products, has closed a successful crowdfunding round after attracting substantial investor interest. The firm has raised £874,000 from some 350 investors, representing an

Deloitte’s UK CFO Survey Q1 2021 released today reports a record level of business optimism amongst the UK’s finance leaders.