Baillie Gifford’s Anderson takes swipe at Buffett
Baillie Gifford’s James Anderson, co-manager of the £9 billion Scottish Mortgage Investment Trust, took a swipe at American investment guru Warren Buffett’s “value” investment style…
Baillie Gifford’s James Anderson, co-manager of the £9 billion Scottish Mortgage Investment Trust, took a swipe at American investment guru Warren Buffett’s “value” investment style…
Shares of Scottish companies listed on the main FTSE stock market ended June 9.5% higher than they started the year, compared to a rise of…
The chair of Baillie Gifford’s flagship £8 billion fund, the Scottish Mortgage Investment Trust plc, has warned shareholders they should not rely too much on…
Edinburgh-based fund management giant Baillie Gifford is set to open an office in Shanghai in the coming months as it moves to beef up its…
By Mark McSherry Edinburgh-based fund management giant Baillie Gifford, one of Tesla’s biggest shareholders, has claimed that Tesla could be worth more than the $420…
The fund managers who run Edinburgh-based Baillie Gifford’s flagship £6 billion fund, the Scottish Mortgage Investment Trust plc, are making new investments in cutting-edge healthcare companies that…
Baillie Gifford’s flagship £5 billion fund, the Scottish Mortgage Investment Trust plc, said Fiona McBain would succeed John Scott as chairman of the FTSE 100…
Baillie Gifford’s flagship £5 billion closed-end fund company, the Scottish Mortgage Investment Trust plc, will enter the FTSE100 index for the first time in its…
Baillie Gifford’s flagship £4.7 billion equity closed-end fund — the Scottish Mortgage Investment Trust — said both its net asset value (NAV) and share price rose 25% on a…
The board of Edinburgh-based fund manager Baillie Gifford’s flagship fund — the Scottish Mortgage Investment Trust company — plans to limit to 25% the amount of the…
Elgin-based house builder Springfield Properties plc said it will resume dividend payments “earlier than initially anticipated” after slashing its debt in the year to May…
The UK’s central bank on Thursday cut interest rates for the first time since early 2020 — from 5.25% to 5% — and signaled that…
Bank of Scotland plc, owned by Lloyds Banking Group, has reported a profit before tax of £427 million for the first half of 2024, compared to…
The UK central bank has kept its main interest rate unchanged at a 16-year high of 5.25% ahead of the July 4 general election —…
UK prime minister Rishi Sunak on Wednesday called a UK general election for July 4 — during the summer holidays of Scotland’s schools. Scotland’s First Minister…
Debbie Crosbie’s mutually-owned Nationwide Building Society has confirmed a proposed £2.9 billion cash deal to buy listed Virgin Money UK plc that the companies flagged two…
UK finance minister Jeremy Hunt delivered his budget speech on Wednesday, confirming a widely expected cut of 2 percentage points to National Insurance. However, Hunt…
Agricultural organisation NFU Scotland has announced a new partnership with County Durham-based business finance broker Anglo Scottish Asset Finance to create NFU Scotland Finance. NFU…
Elgin-based house builder Springfield Properties said its revenue fell 25% to £121.7 million and statutory profit before tax fell 80% to £1.2 million in the six…
The total value of all private housing in Scotland has risen by £97.7 billion or 25% since 2019 before the pandemic to £481 billion in…
The UK central bank kept interest rates at a nearly 16-year high of 5.25% on Thursday — but opened up the possibility of cutting them as…
Scotland’s prime home market priced above £500,000, which is less reliant on borrowing, showed a resilient 1% increase in net agreed sales in 2023, compared…
Edinburgh-based Murray Capital said turnover for the group from continued operations was £84.3 million in the year to June 2023, down 4% on the previous…
UK finance minister Jeremy Hunt has cut national insurance payments for about 27 million people in his autumn statement ahead of a general election expected next…
Inflation in the UK slowed by more than expected in October as household energy prices fell and services sector price growth also eased. Annual consumer price…
Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, fell about 9% after it announced it will not make…
The UK’s central bank on Thursday raised its key interest rate by a quarter of a percentage point to a 15-year high of 5.25% — and…
Shares of Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, climbed as much as 7% after it said full year…
North Berwick in East Lothian has retained its title as the most expensive seaside location in Scotland to buy a home, according to the latest…
The UK central bank raised its benchmark lending rate on Thursday by a quarter point to 4.25%, the highest since 2008, and left the door…
Lloyds Banking Group plc — owner of Bank of Scotland, Scottish Widows and Halifax — on Wednesday announced a share buyback of up to a…
Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, said its revenue increased 85.6% to £161.9 million in the six months ended…
Scottish house prices rose an average of £23,814 (10.9%) to £242,213 in the 12 months to November 2022, according to the latest Bank of Scotland data….
The Scottish Government said it plans to make changes to a number of devolved taxes to “raise additional revenue to support Scotland’s NHS and other…
UK inflation fell more sharply than expected in November after hitting a 41-year high high in October. The annual rate of consumer price inflation (CPI)…
The rising cost of living has caused bills in the average Scottish household to rise by £167 per month during 2022, according to new research…
The UK’s central bank raised its key interest rate to 2.25% from 1.75% on Thursday and said it will continue to “respond forcefully, as necessary” to…
The chief executive of SSE plc, the Perth-based renewable energy and power networks giant, has said the UK government “can smooth energy costs for households beyond what industry…
The UK’s central bank on Thursday announced its biggest interest rate hike in 27 years and warned the UK is heading for more than a year…
Shares of NatWest Group, formerly the Royal Bank of Scotland Group, rose as much as 9% on Friday after it announced it would pay an…
TSB Bank plc has reported a statutory profit before tax of £102.9 million for the first half of 2022, up about 140% from £42.9 million…
The UK’s central bank raised interest rates for a fifth straight meeting on Thursday and sent a strong message it is prepared to make larger…
Virgin Money, the Glasgow-headquartered banking group formerly known as CYBG, on Thursday posted a pre-tax profit for the six months ended March 31 of £315…
The UK central bank on Thursday raised interest rates to their highest since 2009 — hiking borrowing costs by a quarter-point to 1% to fight…
Shares of NatWest Group, the bank formerly known as RBS, fell as much as 5% on Friday despite the company announcing that its first-quarter operating…
The board of TSB Bank, with the support of Spanish parent company Banco Sabadell, has announce the permanent appointment of Glasgow-based Robin Bulloch as CEO….
Edinburgh-based private bank Hampden & Co said on Wednesday that deposits from clients rose 39% to £696 million in the year to December 31, 2021, while…
Elgin-based Springfield Properties, Scotland’s only listed house builder, has reported a record order book despite revenue and profit before tax declining in the six months ended…
House prices across Scotland rose 8.8% on average over the last year, more than the UK average of 6.2%, according to the latest data from…
Edinburgh area residential property experts ESPC said on Friday that homes in the Scottish Borders and East Lothian experienced the greatest year-on-year increases in average…
By Mark McSherry Citigroup will be the first major Wall Street bank to have a female chief executive after it announced on Thursday that Mike…
Tom Hunter, Scotland’s first ever billionaire, on Tuesday weighed in with a strong reaction to the report published by the Advisory Group on Economic Recovery led by…
Elgin-based Springfield Properties, which is building a number of new communities throughout Scotland, said in a Covid-19 update on Monday it has agreed an additional…
The latest State of the Economy report published by the Scottish Government’s chief economist Gary Gillespie estimates that gross domestic product (GDP) in Scotland could…
Scotland’s residential property sales totalled just under £18.7 billion in 2019 — up £550 million on 2018 — helped by a late surge in sales…
Shares of Springfield Properties, which is building a number of new towns and villages throughout Scotland, rose about 5% on Tuesday after it said its revenue…
Hibernian FC announced on Tuesday that the majority shareholding in the club has passed from HFC Holdings Limited – owned by Tom Farmer and Rod…
The value of Scottish residential property sales in the financial year 2018-19 rose 1.6% to £18.2 billion, according to latest statistics from Registers of Scotland’s Property…
The number of people moving home in Scotland has returned to levels last seen in 2016 following a brief growth spell last year, with only…
The sixth annual Registers of Scotland’s Property Market Report shows that the total value of the residential sales market in Scotland from 2007-08 to 2017-18…
Royal London said its new life and pensions business soared 38% to £12 billion and funds under management rose 14% to £114 billion in 2017. The mutual…
California Attorney General Xavier Becerra announced a $125 million settlement with the Royal Bank of Scotland (RBS) over misrepresentations about residential mortgage-backed securities sold to California’s…
Dunfermline has seen the highest house price growth in Scotland on a per square metre basis over the past five years — a roughly 20%…
Home buyers in Scotland borrowed £1.8 billion for house purchases in the first quarter of 2017, down 15% on the previous quarter but up 5% on the…
BNY Mellon said it has been appointed as trustee and paying agent on Aberdeen City Council’s £370 million bond issue — the largest ever bond issued by a…
UK finance minister Philip Hammond said the British government will withdraw a planned retail sale of cut-price shares in Lloyds Banking Group to the general public due…
Scottish law firm Shepherd and Wedderburn said its banking and finance practice — the largest in Scotland — reported its busiest ever 12 months and worked on deals worth…
The volume of residential property sales in Scotland rose 4.9% in the April-June quarter compared to the same period last year — but the average price…
The value of residential house sales in Scotland from 2006 to 2016 was £148.2 billion, according to a new report published by Registers of Scotland (RoS)….
Scottish law firm Shepherd and Wedderburn said it acted alongside Allen & Overy on a £6.1 billion securitisation of residential UK mortgages by US investment firm Cerberus…