PwC has said it plans to cut partners' compensation next year after annual results show £5 billion in revenues for the firm.
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The Artisanal Spirits Company (ASC), the owner of The Scotch Malt Whisky Society (SMWS) has hailed a strong performance in the first half of 2022, as sales increased by 25% to almost £10 million.
Small firms are encountering widespread problems in their dealings with the insurance market, amid rising premium costs, a new report has found. FSB’s new publication looks into the price of insurance and whether the products on offer are suitable for small business customers.
Edrington Group, the owner of The Macallan and Famous Grouse whisky brands, has seen its profits rise by 58% in the 12 months to March 2022. The firm's profits before tax came in at £271 million, while it benefitted from a 45% increase in core revenue to £821.2m and a 53% rise in core co
Widespread burnout and lack of flexible work continue to hinder working women’s career progress, according to a new Deloitte Global report. Deloitte Global conducted a survey of 5,000 women in 10 countries, including 500 working women in the UK, to understand the impact the COVID-19 pand
Faced with a more uncertain economic climate, a record number of finance leaders (98%) anticipate operating costs to rise in the year ahead, according to Deloitte’s UK CFO Survey Q1 2022. Almost half of CFOs (46%) expect these rises to be significant.
The number of 5,000 sq ft deals in Edinburgh in the first quarter of the year rose compared to the same quarter pre-Covid, according to new data from commercial property specialist JLL. The average UK occupancy levels from research done by JLL peaked in Q1 at 38%, returning to levels seen at the end
The abrdn Asian Income Fund Limited has seen its Net Asset Value (NAV) total return rise by 11% in the year ended 31 Decemebr 2021. The fund's share price total return also rose by 5.2%. Ian Cadby, chairman, confirmed that the company has delivered an “excellent performance for the 12 months t
Surveyors in Scotland reported more prospective home buyers in January, a sign that soon-to-be buyers aren’t suffering from the winter blues, however, this came before the most recent rise in interest rates, according to the latest residential market survey from the Royal Institution of Charte
Scottish footfall decreased by 16.2% in January (Yo2Y), a 6.6 percentage point improvement on December, according to the latest Scottish Retail Consortium (SRC) and Sensormatic IQ Footfall Monitor.
Standard Life Private Equity Trust, a fund managed by abrdn, has posted a Net Value Asset (NAV) total return of 37.9% for the eyar ended 30 Deptember 2021, compared to 11.7% in 2020. This figure compares to 27.9% for the FTSE All-Share Index.
The Aberdeen Standard Equity Income Trust PLC, a company managed by abrdn, has seen its Net Asset Value total return rise by 39.8% in the year ended 30 September 2021. By contrast, the reference index for the company, the FTSE All-Share Index, delivered a total return of 27.9% placing the compa
The Aberdeen Latin American Income Fund Limited, a fund managed by abrdn, has posted a Net Asset Value (NAV) total return of 17.4% compared to -27.5% in 2020. For the year ended 31 August 2021, the fund revealed its ordinary share price total return came in at 20.9% compared to -24.4% in 2020.
UK interest rates will remain at their historic low of 0.1% for at least another month, the Bank of England's monetary policy committee has decided. The committee voted by 7-2 to maintain the existing base rate, despite considerable speculation that it would back an increase. Two members backed an i
Dundee-based wholesaler and convenience retailer CJ Lang & Son has reported an increase in pre-tax profits to £3 million in 2020/21 as it continues to implement its strategy for growth. Turnover grew to £212.5m, up 9.4% on the previous year, against the backdrop of the coronavirus pa
