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.
Search: raise
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
Scottish Ford dealership Peoples has hailed its best-ever financial performance with turnover in the year ended July 31 increasing by almost 20% to £289.5 million. Founded in 1983, Peoples Group says it is the largest independent dealership in Europe retailing only Ford cars and commercial veh
UK law firms' fees and profits are exceeding expectations this year, a report from PwC shows. Its 30th Law Firms’ Survey showed that just under three-quarters reported an increase in fee income with 76% seeing profit increases. The findings are consonant with the figures from Scottish firms in
Nine in ten (86%) Scottish micro-businesses expect activity levels to bounce back over the next 12 months as consumer demand rises, according to new research conducted by Shawbrook Bank. Shawbrook Bank’s Micro Business Monitor surveyed Scottish businesses with 25 employees or fewer – kno
Scottish taxpayers will be worse off under UK government plans to increase National Insurance than those in the rest of the UK, the Chartered Institute of Taxation (CIOT) has said. Prime Minister Boris Johnson announced this week that rates of National Insurance will increase by 1.25 per cent from A
abrdn has hailed a 'strong start to the year' as profits rise by 77% to £163 million. While the company also reported a drop in assets under management to £532 billion (FY 2020: £535bn), while its fee-based revenue was 7% higher during the six month period and adjus
