Record numbers earning six figures means more will be hit by 60% marginal tax rate, with frozen thresholds until 2031 hurting more ‘HENRYs’.

Rathbones, one of the UK’s leading wealth and asset management groups, with offices in Glasgow and Edinburgh, comments on the Scottish Budget announcements.

Investors face a year of nuance following the tech-driven returns of 2025, with geopolitics, AI efficiencies and government policy all likely to shape markets over the coming 12 months, according to Rathbones, one of the UK’s leading wealth and asset management groups.