Baillie Gifford wins top award again; partners retire
Edinburgh-based asset management giant Baillie Gifford has won the top prize at the FTAdviser Investment 100 Club Awards for a fifth year running. The judging…
Edinburgh-based asset management giant Baillie Gifford has won the top prize at the FTAdviser Investment 100 Club Awards for a fifth year running. The judging…
Baillie Gifford fund manager James Anderson said the FTSE 100 “is really a 19th century and not even a 20th century index” and that the…
Baillie Gifford star fund manager James Anderson has joined the board of Heart of Midlothian Football Club. Last June, Anderson donated an initial £3.1 million to…
Baillie Gifford investment manager James Anderson has delivered a fiesty farewell message to shareholders of the firm’s high-flying flagship fund, the £18 billion Scottish Mortgage…
By Mark McSherry Edinburgh-based investment giant Baillie Gifford said on Friday that star fund manager James Anderson will leave the firm on April 30, 2022,…
Fund research giant Morningstar has announced that Edinburgh-based Baillie Gifford’s £17.5 billion flagship fund Scottish Mortgage Investment Trust was its best-performing trust of 2020, having achieved…
Scottish companies listed on the London Stock Exchange outperformed their indices in the third quarter of 2020 according to analysis from Brewin Dolphin, boosted by…
Morningstar’s latest fund flow numbers show Edinburgh investment giant Baillie Gifford was the most popular asset management firm in July, attracting £991 million of new…
Morningstar analysts have downgraded Baillie Gifford’s high-flying Scottish Mortgage Investment Trust plc — which has returned 58% so far this year — from a gold…
Scottish companies listed on the FTSE index averaged a share price fall of 30.72% between January and June 2020, compared to losses of 18.61% and…
Baillie Gifford fund manager James Anderson has donated an initial £3.1 million to the SPFL Trust charity to help Scottish football and its communities recover…
The SPFL said on Monday it held a “positive initial discussion” with Baillie Gifford fund manager James Anderson about his “extremely generous” offer in a…
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…
Scotland’s monthly onshore GDP is estimated to have grown by 0.6% in March 2026, the Scottish Government said. This follows a contraction of 0.2% in…
Santander UK said on Friday it has completed its £2.9 billion cash acquisition of TSB, following regulatory approval from the UK’s Prudential Regulation Authority and…
The Rettie Research Briefing for October 2025 has revealed that the average advertised rent for private housing in Scotland currently stands at £1,250 a month — caused…
The managers of the Abrdn UK Smaller Companies Growth Trust plc said they believe “we are still in the early stages of recovery for smaller companies, with…
The UK central bank on Thursday cut interest rates to 4% from 4.25% after a tight 5-4 vote by the bank’s Monetary Policy Committee (MPC). Four of…
Bank of Scotland plc, owned by Lloyds Banking Group, has reported profit before tax for the first half of 2025 of £680 million, up from…
The UK central bank on Thursday cut interest rates by a quarter point to 4.25% as Donald Trump’s trade war dampens outlook for growth. Analysts…
Growth expectations for the Scottish economy in 2025 are now weaker than previously anticipated, with an expected GVA growth of just 0.9% this year, 1.5%…
The UK central bank of Thursday cut interest rates from 4.75% to 4.5% — the lowest base rate since June 2023. The Bank of England’s Monetary…
New analysis from Savills reported that a strong fourth quarter capped a “significant recovery” in terms of transactions across Scotland’s residential housing market in 2024…
Scotland’s economy recorded strong growth in the first half of 2024 — but there are signs that growth is slowing in the second half of…
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…