Investors in UK publicly listed companies are set to receive £5.7 billion more in dividends as a result of the weakening of the Pound Sterling against the US Dollar. The boost to dividends shows how UK companies with a significant portion of their earnings coming from abroad are benefiting fro
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Northern Irish private investment company Wirefox has acquired the Ardgowan Hotel through its Marram Hotels business, expanding the leisure portfolio to Scotland. The privately owned St Andrews property was acquired from the McLachlan family on Monday for an undisclosed sum.
Bank of Scotland owner Lloyds has reported a 26% drop in profits in its Q3 results as it braces for more defaults on bad loans. Profits were down to £1.5 billion, lower than the average forecast of £1.8bn as analysts expected a significantly small drop in profits of around 9.5%. However,
The full list of events for Fife Business Week 2022 have been announced, kicking off on Monday 7th November through to Friday 11th November. One of the many venues for the week is the Enterprise Hub Fife in Glenrothes which is ideally placed to host events and workshops.
A planning application has been submitted for a new Scotch whisky distillery at Portavadie on the Cowal Peninsula in Argyll and Bute. The new whisky distillery will produce high quality single malt whisky, there will also be a visitors center to take in the beauty of the surroundings. The distillery
A woman has received a cheque for £18,000 from the DWP after money expert Martin Lewis revealed a pensions tax trick that numerous people are failing to claim. During his Martin Lewis Money Show Live, Mr Lewis said hundreds of thousands of people - mostly women - could be owed at least £
Karen Thomson, payroll director at AAB, discusses how firms can help their employees and the wider business through the current cost of living crisis. With inflation at a 40-year high and the threat of more hikes in interest rates, employees are really feeling the pinch.
Restructuring and insolvency specialists Dunedin Advisory discusses the implication of Bounce Back loan on the UK economy. Covid bounce back loans were introduced by the Government in early 2020 in response to difficulties experienced by small businesses during the Covid 19 Pandemic and subsequent l
Experienced business executive Lorna Jack has been appointed as chair to Opulus Financial, the ‘Chief Financial Officer (CFO) Solutions’ business. For over a decade, Ms Jack held the position of chief executive at The Law Society for Scotland and is now currently chairman of Hi
The Financial Reporting Council (FRC) has today reiterated the need for high-quality disclosures from companies during periods of economic uncertainty. To support more informed decision-making, companies must ensure that investors and other stakeholders receive reliable information about a company&r
Knight Property Group has secured a new tenant for its prime retail offering at 67 George Street, in the heart of Edinburgh city centre. The Cambridge Satchel Company is relocating from an existing store on George Street and has agreed a ten-year lease on the 1,436 sq ft retail unit, which is arrang
Occupier and investor demand for commercial property in Scotland fell further, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor. The survey points to a weakening in the market as the prospect of further interest rate rises weigh heavily on the outlo
Real savings’ returns have plummeted to their lowest level since February 1976 due to the effects of rising inflation, new figures reveal. The study by Scottish Friendly and the Centre for Economics and Business Research (CEBR) reveals the real annual return on savings fell to -9.0% in July &n
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
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

