Scotland Financial News

Cricket Council (ICC) announced the match schedule on Sunday for the upcoming ICC U19 Women's T20 World Cup 2025 in Malaysia. Sixteen teams from around the world will take part in the 41-match event where the future stars of women's cricket will announce themselves over 15 days of competition from 18 January to 2 February 2025. Over and above these exciting matches will be 16 warm-up fixtures played from 13 to 16 January, in preparation for the main event, as per the ICC. The second edition of this exciting tournament comes on the back of a successful inauguration in South Africa in 2023 where India beat England by seven wickets in a thrilling final to be crowned the first-ever winners. It will also be the hosts, Malaysia's first appearance in the U19 Women's T20 World Cup as well as Samoa's first appearance in an ICC World Cup event.

Replaced by Dominic Younger as the lead portfolio manager on the CT Monthly Extra Income fund and the CT UK Monthly Income fund, Barber departed the firm on 30 June, a spokesperson for the company confirmed.  «Barber was a core member of our UK equities team for the past 30 years and we thank him for his many contributions and wish him well for the future,» they added.  He joined the company in 1994, having started  his career with Scottish Equitable as an investment analyst in 1990 before joining Eagle Star Investment Managers as a fund manager in 1992. Columbia Threadneedle to ca...

England Cricket Board (ECB) and Cricket Scotland opened the talks of introducing the Great Britain (GB) men's and women's teams for the next Los Angeles Olympics in 2028. Cricket is brought to the marquee event for the first time since 1900 and the decision to bring it back came last year. The details of the event are not yet confirmed but the International Cricket Council (ICC) has suggested a six-team tournament for both the categories. The tournament will be played for a week and the matches for the teams are likely to take place consecutively rather than «With the Los Angeles Olympics four years away, it's very early stages, but we're talking to Team GB and Cricket Scotland about the next steps we need to take. Once again Great Britain's Olympians have captured the national imagination with their exploits in Paris this year, and we look forward to working together to compete when cricket returns to the Olympic stage in 2028,» an ECB spokesperson told ESPNcricinfo.

inThe sales form part of investment manager AEW's stabilisation phase for the trust, which is in turn part of a «comprehensive review» being carried out on the former FTSE 250 company for over a year now. In the latest RNS update, Home REIT said it sold an additional 226 properties at a series of public auctions over three days at the end of July, with gross proceeds totalling £26.5m. Friday Briefing: Could this be Home REIT's final chapter? It had also repaid £8.5m of debt to Scottish Widows during the month, bringing total borrowings down to £106.1m as of 31 July. Total income...

The global sports industry continues its rapid expansion, with projections indicating it will reach $680 billion by 2028.

Season 4 will center around Benedict Bridgerton has thrilled fans and offers intriguing hints about the show's direction in Seasons 5 and 6. With Season 3 setting the stage for Benedict’s romantic escapades, viewers bid farewell to Lady Tilley Arnold and left Benedict's pursuit of love unresolved.

According to interactive investor's first edition of its Top 50 Fund index, nearly one in three funds in the index invest in global shares. These included names such as Scottish Mortgage, Fundsmith Equity or HSBC FTSE All World index funds.  The US market ranked second in terms of popularity, with seven funds featuring among the 50 listed. Meanwhile, the UK had only three funds included by ii, while India had two and Europe and Asia Pacific one each. Deep Dive: Investors and managers diverge on cash balances amid high interest rates In addition, six out of the top ten funds were pa...

In a stock exchange notice today (18 July), the £420m investment trust said the key changes included a reduced hurdle rate, a fee cap, a high watermark provision and offsetting underperformance against future fees. The hurdle rate, defined as the level of outperformance of the benchmark index at which a performance fee may be payable, will be reduced from 10% to 2%, while underperformance periods will now be accumulated and offset against potential future performance fees. Pershing Square Holdings manager slashes performance fee as Ackman eyes US launch If the combined base and per...

An inquiry into the U.K. government's response to COVID-19 found it was ill-prepared for a pandemic and serious errors in planning failed its citizens

British Open at Royal Troon is a long one as Rory McIlroy begins his latest bid to end a decade-long major title drought. McIlroy's misery continued in last month's U.S. Open where he agonisingly finished second — one shot behind American Bryson DeChambeau — after bogeying three of his last four holes. The pain of that loss took McIlroy a few days to process but, as he prepares for Thursday's opening round, he is feeling no added pressure in his quest to claim a fifth career major.

The last British Open at Royal Troon Golf Club in 2016 went down as one of the greatest duels in professional golf history. Henrik Stenson and Phil Mickelson put together two of the finest performances ever witnessed at a major, trading brilliant shots that cut through the blustery winds on the coast of Scotland. When Stenson finally pulled out the victory with four birdies in the final five holes, leaving him at an Open-record 20-under par and three strokes clear of the American, it might have seemed like the world’s best golfers had made easy work of an iconic course that dates back to the 19th century.

Netflix renews the popular food travel series "Somebody Feed Phil" for an eighth season. The show follows Phil Rosenthal as he explores various cuisines worldwide.

Tiger Woods has rubbished suggestions calling for his retirement. The player has not won any major tournament since 2019 and his record has been mixed. In the world of Golf, he appears to be a legend having won a record number of championships. He has been unable to win any championship for a long period of time. This has prompted many to call for his retirement. In the upcoming week, he will be seen at action at Royal Troon and will hope to secure his fourth British title. He has expressed his confidence of his victory in the upcoming championship.

The decision unveiled today (16 July), which has been backed by the former FTSE 250 trust's key shareholders, comes after last month's news that the board had failed to secure a refinancing of its existing debt facility on acceptable terms. Total borrowings, which the lender Scottish Widows has demanded to be repaid by the end of this year, were reduced from £220m to £114.6m by the end of June and are expected to fall to £90.1m once recent sale proceeds are received. Problems getting in the way of investment adviser AEW's turnaround strategy stem from a high cost base, the need for si...

Record immigration caused the population of England and Wales to rise by 610,000 to 60.9 million in mid-2023, the largest annual increase in 75 years, official data showed on Monday. What statisticians term 'natural' population growth — the difference between births and deaths — fell to just 400, the lowest since 1978, while net international migration rose to 622,000, up from 548,500 in the previous 12 months. A net 13,800 people also moved from England and Wales to Scotland or Northern Ireland.

indie-pop brilliance. That's the sonic landscape of Belle and Sebastian's glorious song, 'I Want the World to Stop'. From the Scottish band's 2010 album, Belle and Sebastian Write About Love, the number opens with a guitar-driven melody that's as infectious as a bright cold day — bottled sunshine, actually. And just when you're swaying along, they throw in horns, strings and, yes, an organ. Because what could be more natural than to orchestrate your own joy? It's a plea for respite from life's chaos — 'Give me the morning, give me the afternoon,' Stuart Murdoch and Sarah Martin sing in tandem. Wrapped in 'sheets of milky winter disorder', they seek clarity in the middle of the world's noise. It's something we've all felt — the desire to hit pause, to let the world spin without us for a moment.

Sony Pictures Classics plans to release "The Outrun" in theaters across North America on October 4, in collaboration with Stage 6 Films.

British Prime Minister Keir Starmer is heading off Sunday to the four corners of the UK as part of an «immediate reset» with governments in Scotland, Northern Ireland and Wales. Starmer, who said he has a «mandate to do politics differently» after his party's landslide victory, will meet Scottish First Minister John Swinney in Edinburgh in an effort to «turn disagreement into cooperation». «That begins today with an immediate reset of my government's approach to working with the first and deputy first ministers,» he said. «Meaningful co-operation centered on respect will be key to delivering change across our United Kingdom.»

In a stock exchange notice today (3 July), the trust revealed that its lender, Scottish Widows, changed the terms of the additional fee charged on the outstanding loan amount and the 5% fee has been increased to 7% from 1 July 2024. The increase will remain in place until the full repayment of the loan, which the lender expects to happen by no later than 31 December 2024. The change follows Home REIT's failure to secure a new lender to refinance its existing debt facility, which has led the trust to prioritise additional property sales to repay its outstanding borrowings. Home REIT...

Foreign Secretary Vinay Kwatra expressed confidence and said that this trip would help us broaden the scope of our partnership, along with helping to address issues of regional and global importance of mutual interest «The visit, we are confident, will allow us to discuss various areas of importance in bilateral engagement as well as issues of regional and global importance of mutual interest and help broaden the scope of our partnership,» said Foreign Secretary Vinay Kwatra on PM Modi's first visit to Austria.

UK election results are formally declared with Keir Starmer's Labour Party grabbing an outright majority with Rishi Sunak's Conservative Party falling well behind in the poll race. Interestingly, even though the Labour Party have a majority share of seats, its vote percentage stands at a mere 34%. If that is not all, Reform UK managed to win only 4 seats with a significant 14 percent vote share but the Conservatives attained 121 seats with only 24 per cent. This calculation factor has raised many eyebrows and people still cannot figure out why this happens during UK general elections.