Average Scottish house prices in February reached £218,702, marking a monthly increase of 1.5% and an annual rise of 8.2%, according to the latest figures from Walker Fraser Steele.
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The Scotmid Co-operative Society has reported a £10 million increase in its net assets in 2021, taking its assets to £112.7m. The society reported a £5.7m trading profit for the year ending 29 January 2022, compared to £6.4m for the year before.
Dunedin Income Growth Investment Trust, a company managed by abrdn, has seen its Net Asset Value (NAV) rise by 8.1% in 2021. For the year ended 31 January 2022, the company's share price total return rose by 12.5%, this compares to the benchmark, FTSE All-Share Index, which produced a total return o
Partners at Grant Thornton saw their pay rise by 35% in 2021, according to the firm's 2021 Annual Report. Grant Thornton's 190 UK partners, took home £611,000 for their work in 2021. However, this remains significantly less than partners at Big Four firms.
The housing market in Scotland is facing an imbalance between demand and supply which is impacting on sales and pushing up prices, the most recent RICS Residential Market Survey has suggested.
Murray Income Trust PLC, a fund managed by abrdn, has seen its Net Asset Value (NAV) return increase by 7.2% in the half year ending 31 December 2021. This compares to the benchmark FTSE All-Share Index of 6.5%.
KPMG partners were given a six-figure pay rise in 2021 despite regular criticism from regulators throughout the year. KPMG's 571 partners took home an average of £688,000, 20% more than the £572,000 received in 2020.
KPMG UK has posted growth of 10% in 2021, with revenue rising from £2.14 billion to £2.35bn. For the year ended 30 September 2021, KPMG's profit before tax increased from £288 million to £436m.
Edinburgh-based financial provider Aegon UK has posted a 57% year-on-year increase in its third-quarter operating profit, reaching £44 million. The firm said that the rise was driven by higher fee revenues resulting from "favourable" equity markets, a provision release and decreased expenses.
Moray-based whisky specialist Gordon and MacPhail has hailed steady sales and a £4 million rise in profits during a year of "unprecedented trading conditions".
The Scottish Mortgage Investment Trust plc, a trust managed by Baillie Gifford, has seen its Net Asset Value (NA) rise by 16% in the six months to 30 September 2021. This figure compares to a 9% increase in the FTSE All-World index.
Asia Dragon Trust plc, managed by abrdn, saw its net asset value rise by 20.5% in the year ending 31 August 2021, according to its annual results. It outperformed its benchmark, the MSCI Asia ex Japan Index, which increased by 14.7% on a comparable basis over the reporting period.
Businesses in Scotland have seen a marked increase in levels of businesses experiencing advanced financial distress in the third quarter of 2021 compared to the previous quarter as the pressures of the pandemic took their toll following two years of restrictions and lockdowns. The latest Red Flag Al
Customers of Bank of Scotland owner Lloyds Bank spent a fifth more on household energy (24%) and fuel (20%) in the last fortnight, according to the latest analysis of the bank’s debit card spend. Across the UK, people spent a fifth (20%) more at petrol stations in the past two weeks, compared
Despite well-documented staff and supply shortage issues, confidence in the UK logistics sector has risen to 62.5, the highest level since H1 2015, according to the latest Barclays-BDO Logistics Confidence Index. This is in contrast to last year’s index, when confidence fell to its lowest leve
