New research has revealed that savers in the UK are prioritising short-term flexibility over locking their money away for the long-term, as the cost of living crisis forces people to change how they manage their finances. The study, by digital bank Chase, found that instant access to money without c
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New research from EY Lane4 has shown that while 86% of employees say their organisation has a ‘purpose statement’, 42% are unaware of what that purpose statement includes. The findings are taken from a recent survey of more than 2,000 UK employees, including 500 at C-suite level, working
Alan Stewart, tax partner at Aberdeen-based Meston Reid & Co, gives insight on succession planning for farmers and their estates. One of the biggest concerns that any farmer could eventually face is when they decide to pass on their farm to the next generation.
The Sustainable Aquaculture Innovation Centre (SAIC) has opened a new funding round for collaborative innovation projects, helping the sector to continue with vital research and development as cost-of-living pressures rise. More than £500,000 will be split between successful project proposals
Profit warnings issued by UK-listed companies have reached their highest third-quarter total since 2008, according to EY-Parthenon’s latest Profit Warnings report. In total, 86 profit warnings were issued between July and September 2022, compared to 51 in the same period of 2021, an increase o
Johnston Carmichael has been announced as a gold sponsor of the first-ever Scottish Games Week. The business, which advises a growing number of game developers, has chosen to sponsor the inaugural event to support the thriving and rapidly-evolving games ecosystem in this country.
Whisky distillers have cried out against one of the government's fiscal U-turns announced on Monday reversing of the freeze on alcohol duty. Commenting on the reversal of the UK alcohol duty freeze Mark Kent, chief executive of the Scotch Whisky Association, said: “Business can only work on th
The average price of a property in Scotland in August 2022 was £195,391, an increase of 9.7% on August 2021, the latest provisional statistics from Registers of Scotland's UK House Price Index show. Comparing with the previous month, house prices in Scotland increased by 0.2% between July 2022
The new Chancellor of the Exchequer, Jeremy Hunt, has announced the reversal of most of the tax cuts announced in the preceding chancellor's 'mini-budget'. The measures which were scrapped include:
Landmark Information Group’s latest market data report shows a continuing stabilisation of the residential property market with demand and supply equalising into August and completions on the rise. The newly-released Q3 Property Trends Report Scotland showed that whilst demand variance against
The need for flexible, energy-efficient office space is set to drive the market across the central belt of Scotland into 2023, according to new data from commercial property specialist JLL. During Q3 of 2022, Edinburgh saw occupier activity remain robust with 166,000 sq ft leased, a 16% rise compare
The Edinburgh International Conference Centre (EICC) is set for a return to pre-pandemic level of activity in 2023, and is aiming to increase North American as Edinburgh's profile rises on the global stage. The venue has experienced a strong rebound in association and corporate business, since
Shepherd and Wedderburn’s Corporate Finance team has advised Douglas and Iain Anderson, the joint managing directors of specialist plant hire company GAP Group Limited, in the sale of their separately owned vehicle hire company to international hire giant SIXT. The vehicle hire business was se
Total company insolvencies in England and Wales in the second quarter of 2022 reached their highest quarterly level since 2009, according to the latest figures published by the Office for National Statistics (ONS). The ONS said the rise had been driven by creditors' Voluntary Liquidations (CVLs).&nb
Stuart Dickson, senior investment director at Edinburgh-based Adam & Company Wealth Management, discusses the current financial market. Nostalgia for the 1980s seems to be everywhere at the moment.
