abrdn Asia Focus plc, a company managed by abrdn, has confirmed its half-yearly results for the six months ended 31 January 2022, revealing a strong performance over the period. Net asset value (NAV) total return was +0.6%, ahead of the recently adopted MSCI AC Asia ex-Japan Small Cap Index return o
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New buyer enquiries in Scotland’s housing market are not yet translating into increased sales activity due to the lack of supply of properties to the market, according to the latest RICS Residential Market Survey. A net balance of 29% of respondents in Scotland said that there was an increase
Just over a quarter of savers surveyed (26%), who have a workplace pension, think that their current amount of pension saving will not be enough to get by on when it comes time to retire, a Pensions and Lifetime Savings Association (PLSA) survey has heard. With UK households feeling the pinch off th
Plans to introduce a new levy dubbed the “Amazon tax” on digital retailers and block the construction of new retail parks have been revealed as part of a programme to boost Scotland’s town centres.
Stuart Clark, managing director at Russell & Russell Business Advisers, offers advice for business owners who are seeking to achieve a satisfactory exit from their companies. Every so often a flurry of activity ripples through the Scottish business community, of a nature that makes the more astu
Family-run jeweller Laings has signed a 15-year lease to take over Rowan House, the landmark B-listed building on Glasgow’s Buchanan Street.
Eight people have been arrested on suspicion of stealing an 18-metre bridge in broad daylight. Posing as government officials, the alleged thieves spent two days dismantling the 50-year-old iron bridge in a village in the eastern Indian state of Bihar, NDTV reports.
Accountancy firm Hall Morrice has appointed Derek Petrie – known to all as Des – as a partner. Des takes up the role of partner from his position as audit and accounts and business advisory director. The promotion is part of the Hall Morrice long-term strategy to grow its client base, co
In a new article, Terra Firma's Michael Howlin QC considers the recent case of Plumbing Pensions (UK) Limited, Petitioner [2022] CSIH 9, which turned on the manner in which the corporate trustee of a large pension scheme dealt with Section 75 of the Pensions Act 1995 and whether that impacted the av
Household saving is expected to fall by 71% year-on-year to an average of £26 a week in the second quarter of 2022, as inflationary pressures drastically reduce families’ ability to save. A new study by Scottish Friendly and the Centre for Economics and Business Research (Cebr) estimates
Thousands of pounds have been awarded to local community groups in Aberdeen for projects that aim to improve the mental health of young people.
Insurance broker Bruce Stevenson is set to launch its fifth office in Scotland, with a new office opening in Perth, while Graeme Christie has joined the firm from Marsh Commercial as commercial Director, and Ian H Smith has been appointed education sector director. The expansion in Scotland follows
Minister for business, tourism, trade and enterprise Ivan McKee yesterday took part in a series of engagements and visits in Inverness, including a roundtable with business leaders, to discuss how businesses can be supported and how best to deliver on the aims of the National Strategy for Economic T
Stornoway Port Authority has awarded the £49 million contract for the construction of its new multi-purpose Deep Water Terminal to building and civil engineering firm McLaughlin and Harvey.
UK workers suffered the biggest drop in their real pay since 2013, according to the latest figures from the Office for National Statistics (ONS). The ONS revealed that regular pay, excluding bonuses, plummeted by 1.8% in the three months to February when taking rising inflation into account. Accordi

