Sir Brian Souter's investments lose millions of pounds
Sir Brian Souter lost millions of pounds on his investments as he sold his stake in Stagecoach last summer.
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Sir Brian Souter lost millions of pounds on his investments as he sold his stake in Stagecoach last summer.
The former Arthur Andersen accountant's family office has been very busy, with considerable "firepower."
A proposal to breathe new life into a series of buildings at the point where Edinburgh’s West End and city centre meet has been confirmed with the submission of plans to City of Edinburgh Council by Chris Stewart Group (CSG).
Stagecoach co-founder Sir Brian Souter has made more than £40 million in the past year, according to recently published accounts.
Andy Macfie has stepped down as managing director after 14 years to become chairman. Long-serving executives John Berthinussen and Calum Cusiter have been appointed co-managing directors. Sir Brian said: “When Andy and I launched Souter Investments in 2006 our vision was to create a professional but entrepreneurial family investment office, building a diversified investment portfolio that would generate healthy returns over the long-term, be resilient to economic downturns and fund charitable donations. Andy has been critical to us achieving these objectives.” Mr Macfie said: "Ca...