UK Government Minister for Scotland Lord Offord gave opening remarks at the Scottish Financial Enterprise Dover House reception as a new TheCityUK report shows the contribution of the Scottish sector to the UK Government’s ambitions of a ‘high-wage, high-skilled’ economy. The recep
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The demand for ‘Green Jobs’ is higher in Scotland than in any other part of the UK, and the country is also best positioned to maximise the benefits of green investment, according to PwC. These findings come from PwC’s Green Jobs Barometer launched today - a first of its kind analy
The Aberdeen Japan Investment Trust PLC, a fund managed by abrdn, has posted Net Asset Value (NAV) total return of 10.1% in the six months to 30 September 2021 outperforming the Topix benchmark which returned 6.4% over the same time period. In the six month period, the trust's share price
Brewin Dolphin has posted record discretionary net flows of £1.9bn, compared to £0.9bn in 2020, in its full-year results for 2021. The net inflows represent an annualised growth rate of 4.6%.
Helen Mill, Aberdeen-based business coach & facilitator at The Alternative Board (TAB), offers advice to all businesses on how to tackle the challenges ahead. Firstly, congratulations – you’ve made it through the pandemic lockdowns. Maybe you’ve pivoted your business and advanc
The return of Halloween has failed to lift retail figures, as total sales in Scotland increased by just 2.0% compared with October 2020, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
Anthony Zdanowicz, an associate at DM Hall in Ayr, considers the commercial property market in Ayrshire, Lanarkshire, and Dumfries and Galloway. In the historic Scottish fiefdoms of Ayrshire, Lanarkshire and Dumfries and Galloway in which I operate, the commercial property environment is rich and di
Half of all Scottish small businesses are opposed to the extension of the vaccine passport scheme with around a quarter of firms supportive of such a change, according to a snap poll of 500 operators from the Federation of Small Businesses (FSB). However, amongst hospitality and leisure businesses,
Some major UK banks are getting decisions about certain customer scams and reimbursement wrong in around eight in 10 cases seen by the Financial Ombudsman Service (FOS), according to Which?. Which? said a “reimbursement lottery” leaves many victims struggling to recover their money when
Scotland’s onshore GDP grew by 0.1% in August, remaining 1.3% below the pre-pandemic level in February 2020, according to new statistics from the Chief Statistician. In the three months to August, GDP is estimated to have grown by 2.6% compared to the previous three-month period.
When I first took on a mortgage, the rate of interest was 6% pa. Many will remember mortgage rates as high as 18% pa in the early 1980s. To an entire generation of homeowners however such rates are unheard of and have never been within their contemplation. Many will have taken out mortgages in the c
Around one in six Scottish shops are lying empty, one of the highest vacancy rates in the UK, according to new figures. A total of 16.4% of units were classed as vacant in Q3 2021, compared with 16.1% in the previous quarter, The Times reports.
Business confidence in Scotland fell eight points during October to 31%, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down one point at 38%. When taken alongside th
KPMG UK has appointed 12 new directors across its Scottish offices amid a promotions round that sees 98 employees in new roles. Catriona Donald, Gordon Gray, Scott McCrorie, Paul Mulcare and Susan Thom have been appointed directors within KPMG’s tax and legal function.
The number of corporate insolvencies in Scotland rose by 29.4 per cent to 211 in July-September this year – compared with the April-June figure of 163. Creditors’ Voluntary Liquidations meanwhile rose to 179 for July-September – an increase of 35.6 per cent on the 132 recorded for
