In April, the recently created Standard Life Aberdeen unveiled its new 100,000 sq ft headquarters on St Andrew Square in Edinburgh. The nine-storey building, which is home to around 1,000 of the company’s 9,000-strong workforce, boasts seven new restaurants and is expected to generate £200m each year for the Scottish economy.

SLA may have an imposing presence in the city — one former employee likened the new gold-coloured building to Trump Tower in New York — but some rival Scottish fund managers fear that any fallout from the £3.8bn merger between Standard Life and Aberdeen Asset Management, should it go badly, could destabilise Edinburgh.