Campaigning and advocacy organisation Tax Justice UK is calling for the introduction of a windfall tax for the six companies who made £16 billion in excess profits during the pandemic. According to the organisation's new report Pandemic Profits: who's cashing in during covid, ASOS and Serco we
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Baillie Gifford, the global investment management partnership, has lowered the annual management fee on the Baillie Gifford US Growth Trust, with effect from 1 September 2021. The annual management fee is now as follows: 0.70% on the first £100m of net assets, 0.55% on the next £900m of
Financial wellbeing is the top priority (57%) for Brits ahead of physical, intellectual and social wellbeing. Yet only around half (55%) feel comfortable regularly checking their bank statements, according to new research from Bank of Scotland owner Lloyds Bank. The bank is encouraging consumers to
AccelerateHER and Scottish Enterprise are partnering to increase support for female-led companies to maximise their global growth potential. This partnership supports Scottish Enterprise’s continuing commitment to gender equality and adds to its existing initiatives to help disruptive, sustain
Bitcoin has controversially become legal tender in El Salvador, the Central American country which gave up its own currency in favour of the US dollar two decades ago. The cryptocurrency can now be used by citizens to shop, pay taxes and buy land, FT reports.
Cat MacLean, partner and head of dispute resolution at MBM Commercial, explores the judgment issued yesterday morning in Sekers v Clydesdale [2021] CSOH 89. Online fraud has been on the rise for many years. The advent of lockdown and working from home has seen the volume of attacks increase by one t
Social security expenditure in Scotland will total £5.2 billion in 2026-27, according to the Scottish Fiscal Commission’s latest forecast report published today. The amount spent is projected to increase by £1.5bn over the five years due to a variety of reasons including an increas
A business’s environmental, social and governance (ESG) credentials are increasingly driving Scottish High Net Worth investors’ (HNWI) decision-making according to new research from Rathbone Investment Management. Over a quarter of Scottish HNWI’s currently base their investment de
Scottish private equity investment rose considerably in the first half of 2021, as investor confidence returned and vendors brought their assets to market, according to new analysis from KPMG. The volume of deals across Scotland in H1 rose 54.5% against H1 2020 levels and 13.3% compared to H2 2020 l
The Scottish Government has announced a multi-million-pound package of support has been invested to help tourism and hospitality businesses recover from the coronavirus pandemic. Delivered in the first 100 days of the new Scottish Government, the support is part of a wider £129 million investm
House prices in Scotland increased by 12% in the last year to take the average house price in Scotland up to £173,961, the House Price Index for June 2021 by the Office for National Statistics (ONS) has revealed. The annual increase is the sharpest rise since November 2007, in the midst of the
New figures reveal hope for the Aberdeen property market as confidence and activity is back to the pre-downturn level. The Aberdeen Solicitors' Property Centre (ASPC) has published a new report showing that after five years of steep decline, annual house prices have now risen 3.2% across Aberdeen an
The Institute of Directors (IoD) has today announced that the First Minister Nicola Sturgeon, UN Young Leader for the Sustainable Development Goals Vanessa Nakate and former Skyscanner COO Mark Logan will be joining the line-up of speakers at its global conference – being hosted from Scotland
Asset & wealth management firm Asset Co has announced that it will pay £16.5 million for a 63% stake in Rize ETF, a thematic exchange-traded fund provider. Asset Co has also committed £5.25 million to help fund the growth of the business. The equity interest will be acquired fro
Legal firm Addleshaw Goddard’s corporate team in Scotland has advised on the initial public offering (IPO) and admission to the AIM market of the London Stock Exchange for innovative global healthcare firm, GENinCode. Specialising in cardiovascular disease risk assessment, GENinCode's products
