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The leading independent financial news service for Scotland's financial sector
- 69articles · 30d
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- Aug 18, 2026earliest in window
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News
JPMorgan Chase boss meets Burnham and Healey to warn against bank tax rise
3+ day, 22+ hour ago (254+ words) JPMorgan Chase chief executive Jamie Dimon has reportedly warned Prime Minister Andy Burnham and Chancellor John Healey, against raising taxes on banks in his inaugural budget in October following an in person meeting. The Wall Street boss is understood to…...
AJ Bell calls for pension tax certainty in Budget submission
4+ day, 20+ hour ago (549+ words) AJ Bell has called on Chancellor John Healey to commit to pension tax stability to avoid another round of damaging speculation about tax-free cash ahead of the October Budget. The firm shared its Budget submission to the Treasury today, highlighting…...
IHT reforms push savers towards EIS and SEIS, Niche Private Clients warns
6+ day, 21+ hour ago (359+ words) More ordinary estates have been pulled into IHT The UK Government is on course to raid a record £14.3bn in inheritance tax from UK families by 2029/30, according to the Office for Budget Responsibility. The nil-rate band has been frozen at £325,000 since…...
deVere group boss warns Budget bank tax raid would benefit rivals
1+ week, 5+ day ago (412+ words) John Healey and Andy Burnham have been urged not to introduce a new bank levy A Budget tax raid on British banks would hand a competitive gift straight to rival global financial centres, according to the chief executive of one…...
Chancellor John Healey weighs windfall tax on banks and oil firms
1+ week, 6+ day ago (277+ words) Treasury officials have presented Chancellor John Healey with a plan to tax oil firms and banks to help rebuild his £22.7bn fiscal buffer, according to reports. Officials believe that a new windfall tax on banks and a further increase on oil…...
Banking and credit card sector receives six times as many complaints than all other financial services sector
2+ week, 4+ day ago (250+ words) Banking and credit card providers attracted six times more complaints than the average across all other financial services sectors, according to new analysis. Analysis by Huntswood, a subsidiary of ResultCX, found the average number of complaints handled over six months…...
DIY investment platform assets hit??653bn as market nears 15 million accounts
2+ week, 5+ day ago (259+ words) Holly Mackay, founder and CEO of Boring Money The total assets under administration (AUA) across DIY investment platforms grew to £653bn by the end of June 2026, according to analysis by Boring Money. It found that over the last five years the…...
Self-Invested Personal Pensions
2+ week, 6+ day ago (81+ words) Scottish Financial News The Financial Conduct Authority (FCA) has been urged to overhaul self-invested personal pension (SIPP) data practices and coordinate with HMRC and the DWP to address systemic blind spots. The watchdog's proposals follow 22 SIPP operator failures between 2011 and…...
Aubrey Capital Management redploys capital into India following benefitting on ‘AI boom’
2+ week, 6+ day ago (213+ words) Rob Brewis, director and investment manager at Aubrey Capital Management Aubrey Capital Management has redeployed some of its capital back into India after generating strong returns from a select number of emerging market technology and AI-related holdings. Rob Brewis, director…...
Investors warn Chancellor John Healey over deficit cuts as gilt yields spike
3+ week, 2+ day ago (145+ words) Chancellor John Healey and Andy Burnham Investors and analysts have warned Chancellor John Healey not to give up on the government’s efforts to reduce the UK’s fiscal deficit in his first Budget, following a spike in government bond yields in…...