Business correspondent and personal finance editor since 1998, four times Scottish financial writer of the year, and once journalist of the year. Likes bringing business personalities to life, responding to unhappy consumers, and investigating bust businesses and the murkier corners of money. Highly commended in the 2013 UK Regional Press Awards.
Long-suffering shareholders enjoyed a 10% uplift to 142p yesterday, and have now seen the shares rise 40% this year, as STV unveiled positive trends across its business in the first year after the upheaval which saw it become a Channel 3 networking ‘affiliate’. The Glasgow-based group claimed it was now “firmly established as a profitable and progressive business”.
The Financial Services Authority has approved "consultancy charging" for corporate pensions, on the same model as the new "adviser charging" for individual investments. This allows potentially large deductions from pension pots yet has no mechanism to regulate the advisers.