David Shadwell, accounts and business support partner at accountants Chiene + Tait, recently returned to the UK after spending nine years in Wellington, New Zealand. He details the lessons Scottish businesses can learn from New Zealand as we begin the process of coming out of lockdown. Before r
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The Bank of England’s chief economist has suggested that it is considering introducing negative interest rates to help alleviate the economic woes created by the coronavirus pandemic. Andy Haldane said that pushing interest rates to below zero, as well as buying riskier assets under the c
Shellfish growers and trout producers will receive a share of £800,000 of Scottish Government funding to help make improvements to their businesses to mitigate the impact of the global coronavirus pandemic. The grants from the European Maritime Fisheries Fund (EMFF) to 11 aquaculture businesse
Global dividends are expected to fall by as much as 35% this year, according to the latest Global Dividend Index from Janus Henderson.
United Capital has expanded its portfolio with the acquisition of Glasgow-based Saltire Facilities Management, a company with over 320 direct employees and an annual turnover of circa. £30 million, for an undisclosed sum. Saltire Facilities Management was founded in 2000 as a public/priva
Dundee-based Alliance Trust Savings (ATS) has been censured by the Information Commissioner over the use of a mobile app which allowed it to access an “excessive amount” sensitive personal data of its employees, The Courier has reported. The Information Commissioner ruled that the financ
Wide-spread mass redundancies have been avoided in Scotland amid the coronavirus pandemic thanks to the UK Government's furlough scheme, according to the latest CIPD Labour Market Outlook in partnership with the Adecco Group.
A pair of trainers worn by basketball superstar Michael Jordan in his first NBA season have been sold for a record $560,000 in an online auction by Sotheby’s.
Donald McNaught and Matt Henderson of Johnston Carmichael have been appointed joint nominees for a proposed company voluntary arrangement (CVA) on behalf of three companies in the David Urquhart Group; David Urquhart (Travel) Limited, David Urquhart Transport Limited and Hart Hotels Limited. Three C
MHA Henderson Loggie has indicated that Scotland's Mergers & Acquisitions (M&A) market will return after the coronavirus lockdown measures have been reduced, but not as we know it. The financial advisory firm has said that deal flow has slowed as coronavirus emergency measures continue to im
Stewart Pennington, partner at Johnston Carmichael, has urged Scottish food and drink businesses to review suitable options to avoid closing for good amid the coronavirus pandemic. As businesses in England begin to get back to work, the future remains uncertain for Scottish firms.
Despite the current uncertainty in the Scottish housing market caused by the COVID-19 pandemic and a significant drop in transactions, average prices are expected to remain stable, according to Rettie & Co. In its Spring 2020 forecast, the property specialists said transactions activity is likel
Aberdeen Asian Income Fund Limited, a fund managed by Aberdeen Standard Investments, has announced a dividend increase for its stakeholders for the 11th consecutive year. The announcement comes as the fund published its annual results which indicated another positive year for the fund, as its
The £107 million sale of Dundee-founded Low & Bonar has been completed as global technology group Freudenberg acquired 100% of its shares. Low & Bonar is based in London but still has a carpet backing manufacturing site located at Dundee’s Caldrum Works.