The number of female ISA subscribers is continuing to fall sharply despite a surge in the number of younger women investing into stocks and shares ISAs, analysis of official HMRC data by Scottish Friendly has found. The latest figures show that between 2016-17 and 2017-18 the number of female ISA su
Scottish Friendly
Grandparents setting aside money for their grandchildren could boost their savings pots by up to 30% if they chose to invest their money in the stock market, according to new figures from Scottish Friendly.
Jim Galbraith, director of Scottish Friendly, and Sarah Deas, non-executive director of Bank of Scotland Foundation Wellbeing Economy Alliance (Scotland), have won top accolades at the IoD Scotland Director of the Year Awards.
The UK economic decline caused by the coronavirus pandemic will be less severe than first anticipated, however, recovery will also take longer, according to the latest data from the Bank of England (BoE). The bank currently expects the UK's economy to shrink by 9.5% this year. While this contraction
Scottish Friendly, one of the UK’s largest financial mutuals, has appointed Pamela Simmons as head of human resources. Ms Simmons is a fellow of the Chartered Institute of Personnel and Development (CIPD) with over 25 years’ experience in HR and has worked for leading brands domestically
The number of people in their 20s and early 30s choosing to invest in the stock market is skyrocketing, analysis of official HMRC data by Scottish Friendly found.
The UK's inflation rate rose to 0.6% in June as the coronavirus lockdown restrictions began to ease.
In yesterday's summer economic statement, chancellor Rishi Sunak announced a number of measures aimed at supporting the UK economy in the wake of the coronavirus pandemic, such measures include a temporary 5% VAT cut for the food and hospitality industry. The cut marks a significant reduction from t
The UK's inflation rate has hit a four-year low as the coronavirus lockdown restrictions pushed the rate down to 0.5% in May.
Michael Walker, Scottish Friendly’s chairman, is stepping down after 11 successful years. Mr Walker was appointed chairman in January 2009 in the aftermath of the global financial crisis and has overseen the business’s dramatic growth and innovation in the years since.
Scottish Friendly, Scotland’s largest financial mutual, has today announced record sales of Investment ISAs (also known as Stocks and Shares ISAs) following another strong financial performance in 2019. During a period of sustained market uncertainty, Scottish Friendly 
The UK's inflation rate dropped last month to its lowest level since August 2016 as the economic fallout of the first month of the lockdown hit prices.
Analysis by 3Gem Research & Insights on behalf of Scottish Friendly has revealed that 45% of savers in Britain expect to draw money out of savings and investments to cope with the impact coronavirus is having on their household finances. The most likely place they will look to source cash from i
The Bank of England has warned that the coronavirus pandemic will force the UK economy towards its deepest recession on record. The bank has revealed that the economy was on course to shrink 14% this year, based on the lockdown being relaxed in June.
British savers have accrued a staggering £119 billion in ISAs in the past 21 years that has been directed towards buying a home, new research from Scottish Friendly has revealed.