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Richard McMeeken considers the scope of director's discretion and how this has been dealt with by the courts. The duties incumbent on company directors are much talked about at the moment following the Supreme Court's judgment in BTI 2014 LLC v Sequana SA and others [2022] UKSC 25 clarifying the exi

Sandy Begbie, chief executive of Scottish Financial Enterprise, discusses the need to reform economic policies to support competitiveness, collaboration and encourage investment in order to deliver sustainable economic growth amid a challenging economic climate. “Wae worth thy power, thou curs

A new report has revealed that the richest 1% gained nearly two-thirds of all new wealth worth $42 trillion (£34.5tn) created since 2020, almost twice as much money as the bottom 99% of the world’s population.

Business confidence in Scotland fell nine points during December to 15% but overall economic positivity has increased, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Business confidence in Scotland rose 10 points during September to 15%, ending three consecutive months of decline, according to the latest Business Barometer from the Bank of Scotland Commercial Banking.

Total retail sales in Scotland increased by 15.3% in April this year compared with April 2021, when they had grown by 107.9%, according to the latest Scottish Retail Consortium (SRC) & KPMG Retail Sales Monitor.

Annual UK house price growth slowed modestly to 12.1% in April, down from 14.3% in March, according to the latest Nationwide House Price Index.

Recruiters across Scotland saw another robust uplift in hiring activity in March, according to the latest Royal Bank of Scotland Report on Jobs survey. Panellists noted steep and accelerated increases in both permanent placements and temp billings amid reports of greater market confidence and increa

Scottish accountancy firms and financial regulatory bodies have responded to Chancellor Rishi Sunak's Spring Statement announced yesterday. The Chancellor cut fuel duty by 5p per litre, which came into force from 6pm last night and will last until March next year. He also announced that the income t

Richard Dunbar, head of multi-asset research at abrdn, discusses the outlook for 2022. Ongoing inflationary shocks, questions around interest rates and the emergence of the new Omicron Covid variant are all making navigating uncertainty more challenging. Nonetheless, when we look beyond the headline

A £7.4 million project to rebuild Shetland’s world-renowned bird observatory on Fair Isle takes a step forward yesterday, as Highlands and Islands Enterprise (HIE) and Scottish Government announced a funding package totalling £2.35m.

The North American Income Trust Plc, a company managed by abrdn (formerly known as Standard Life Aberdeen), has posted Net Asset Value (NAV) total return of 19.8% for the six months to July 31 2021, compared to a NAV of 5.7% in the year ended 31 January 2021. This means that the company ou

A brand new Dundee and Angus College team will give local businesses ‘the competitive edge’ as it unveils a new pot of training funding. The Business Partnerships team, headed up by Caryn Gibson, economics partnership manager, includes three skills advisors who are actively heading into

Murray Income Trust PLC, a fund managed by Aberdeen Standard Investments, has posted a Net Asset Value Total Return of 20.6% for the year to 30 June 2021. This is slightly behind the FTSE All-Share Index Total Return of 21.4%.

Mark Sterritt, UK network director, Scotland at the British Business Bank, discusses the growing appetite for equity finance among Scottish small businesses. It can be a difficult experience for any entrepreneur to sell part of the company they have built over years and decades of hard work. Yet, by