Revenues and profits both fell for the year to 31 March 2023 at Stonehage Fleming (UK), a UK subsidiary of Jersey-based Stonehage Fleming Financial Services Holdings Limited, according to its latest annual report and accounts which have just been deposited at Companies House.

Revenues came in at £49.60 million, £3.10 million or 5.88 percent lower than the £52.69 million reported a year earlier. 

With operating expenses growing by £2.78 million from £41...