Wealth management firm in the UK, born from Tilney Smith & Williamson in 2020
Since mid-April, Scottish dealmaking has shown signs of recovery with high-profile transactions like NatWest's acquisition of Evelyn Partners and AG Barr's acquisitions. However, deal completion remains challenging due to longer processes, deeper due diligence, and cautious buyers, especially outside top-tier assets. Market activity is more selective and competitive.
Inflation has risen to 3.3% in March as fuel costs jump amid Middle East tensions. BoE is holding rates at 3.75% while weighing energy-price shocks and growth risks. NatWest reports first-quarter profit, while Santander completes TSB takeover; economists warn policy may tighten if energy shocks persist.