Nick Pollard, Group Finance Director of the Link Group, writes here in his personal capacity. Is the social housing insurance market on the verge of collapsing, what will this mean and what are the solutions?
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The Scottish Government has voted to provide an additional £223 million to local authorities to support pay awards to staff as part of the 2023-24 Scottish Budget. Deputy First Minister John Swinney said an improving financial position enabled him to address some pressing asks. The extra money
Scotland’s business resilience organisation, The Scottish Business Resilience Centre, has changed its name to reflect a rising national threat from cyber crime and fraud. The Scottish Business Resilience Centre, the not-for-profit dedicated to helping educate and support Scottish organisations
The Trusts, Fiduciaries and Executries Bar Group (TrustBar) will present a seminar on Thursday 23rd March 2023 in the Royal Northern and University Club, 9 Albyn Place, Aberdeen, AB10 1YE. Chaired by Terra Firma Chambers’ Gordon Watt, the event will feature three talks by distinguished ad
Experts have said the Bank of England's Monetary Policy Committee may not increase interest rates by a further 50 basis points (bps) as previously expected, due to the likelihood of a deep recession lessening.
KPMG UK has reported a 16% rise in revenue from £2.35 billion to £2.72bn, with profit before tax increasing from £436 million to £449m, in today's published annual results for the financial year ended 30 September 2022.
New data from financial mutual Scottish Friendly has revealed that the number of new stocks and shares ISA policies opened by adults in Scotland fell 17% year-on-year in the three months to December 2022. Sales in the run-up to Christmas were significantly lower than the previous year and the value
The latest official statistics released by Accountant in Bankruptcy (AiB) reveal that corporate insolvencies are on the rise in Scotland.
Despite depressing economic forecasts, Scottish mid-market business leaders are surprisingly optimistic about their growth opportunities. According to data from Grant Thornton UK LLP’s latest Business Outlook Tracker, mid-market optimism has rebounded across all indicators monitored:
UK consumer confidence in Q4 of 2022 improved by half (+0.6) a percentage point, according to the latest Deloitte Consumer Tracker. Whilst small, the uptick marks the reversal of a 15-month period of consecutive decline. Overall confidence was boosted by significant quarter-on-quarter improvement in
The governor of the Bank of England (BoE), Andrew Bailey, has suggested that the base rate will peak at 4.5%, down from a previously expected 6% or higher. The UK economy is will still enter a recession but the BoE's newest projections show that inflation is set to fall rapidly from spring.
Scottish builder, James Walker (Leith) Ltd has reported a 73.2% rise in pre-tax profits to £29.6 million, for the year ended 31 March 2022, up from £17.1m from the previous year.
Property expert Phil Harris, a director at Shepherd and Wedderburn's private wealth & tax team, discusses the state of the Scottish housing market in 2022 and what to expect in 2023, as volumes appear to return to pre-pandemic levels. The 2022 Scottish housing market and
Typical household disposable incomes for working-age families are on track to fall by 3% this financial year, and by 4% next year, with the two-year cost-of-living squeeze set to leave families £2,100 worse off and only the very richest households seeing their incomes rise, according to new re
It seems that the shift towards a cashless society has brought about an unexpected but perhaps obvious benefit in Denmark, where bank robberies have fallen to zero. According to Finans Danmark, an industry association, the decline in physical currency usage has led many Danish banks to stop offering
