Dunedin Income Growth Investment Trust, a fund managed by Standard Life Aberdeen (SLA) has posted a net asset value (NAV) drop of 11.4%. For the six months to July 31 2020, the company delivered weak absolute but positive relative returns. Despite the drop in NAV, the company outperformed its
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MHA Henderson Loggie has welcomed 11 new recruits to its trainee programme. Graduates Claire Don, Ewan Shiels, Euan Woodley and Adam Graham will join school-leavers Colette Swinley, Archie Williams and Wallis Lynch as trainee chartered accountants in the firm’s audit departments in Dundee
Matt Henderson, restructuring partner at Johnston Carmichael, reflects on the speculation of imminent corporate failures in the UK stemming from the coronavirus pandemic. There’s been a lot of concern expressed that an imminent rise in corporate failures is on the cards as soon as s
Economy secretary Fiona Hyslop has announced a £10 million package of measures to recruit and retain apprentices, including additional funding for the Scottish Government’s Adopt an Apprentice programme.
Glasgow-based Shawbrook Bank has set aside £45.8 million of provisions to provide for potential future loan impairments caused by the coronavirus pandemic. The bank has today published its half-year financial results for the period ending 30 June 2020 revealing that Shawbrook Bank also granted
Not one of Scotland’s 48 listed companies features a black executive on its senior management team, according to new research conducted by The Ferret.
Renfrewshire-based clothing firm M&Co has appointed Deloitte as its administrators as it announced that it will be cutting almost 400 jobs. M&Co has been put into administration with Deloitte appointed as administrators. The firm's assets were immediately bought back by the family which had
During the three months of lockdown, Virgin Money, the owner of Clydesdale Bank, saw a near six per cent rise in business lending. On the other hand, personal lending at the bank dropped by 2.7% to £5.2bn, which Virgin Money said was primarily due to lower credit card balances.
The Higgins Report of the Advisory Group on Economic Recovery for the Scottish Government has attracted considerable comment in the media and several alternative views have surfaced from senior business figures. At the same time, Campbell Dallas has been holding round table and one to one discussion
According to the latest data from the Association of Chartered Certified Accountants (ACCA UK) and The Corporate Finance Network (CFN), 13% of Scottish SMEs have decided to liquidate their assets in the last two weeks, highlighting to complications of reopening after the coronavirus lockdown. The SM
St Andrews based distiller and brewer, Eden Mill, has seen its sales increase by 9% during the coronavirus crisis-hit April to June 2020 trading quarter.
Edinburgh start-up Breathe Easy has won a £50,000 grant from the Scottish Government to help with its development of the first lip-reading face masks in Scotland.
The development of a high-head (142m) hydropower scheme on the Barr River near Loch Teacuis in Lochaber has secured a new finance arrangement from Triodos Bank UK and the Scottish Investment Bank.
The UK is a world-leading FinTech centre, with London often being labelled the global FinTech capital. From a Scottish perspective, over the past couple of years both Edinburgh and Glasgow have been establishing themselves as FinTech powerhouses. Allie McGowan looks below at some of the ways that CO
The Scottish Retail Consortium (SRC) has called on the Scottish Government to take bold steps to deliver an economic stimulus package in response to the coronavirus pandemic. In “Road to Recovery”, an eight-page submission to the Scottish Government’s Advisory Group on Economi
