The BHS collapse story has taken off like Topsy, catapulting billionaire former owner Sir Philip Green into the eye of the storm with MPs who want him on toast (sorry, to question him). More than £400 million worth of dividends taken out of a floundering retailer with a £570m pension deficit, with new management led by a double-bankrupt coming up embarrassingly short, is not a good look.
Stock markets may have rallied from the Big Dipper plunge in the early weeks of the year, but investors suffered a major fright and the rally came too late for the annual rush of ‘ISA season’ sales.
THE referendum was supposed to be a once-in-a-generation decision so let’s make it one, writes Brian Monteith86 comments
COLLAPSE of High Street giant raises questions on whether the taxpayer should pick up bill for massive £571m deficit
Just the sight of that blue and yellow logo may be enough to send shivers of dread through some folk. Those who have lost entire weekends to sobbing over instruction booklets for products with seemingly harmless names like Lack, Pax and Billy.2 comments
Amid the reassuring trend of a recovery in share prices from that January swoon come dark warnings of troubled times ahead for income-orientated private investors: cuts in company dividend payouts.
Home Reports in Scotland have been an outstanding gold star in the surveying profession’s jotter. They were instrumental, on their introduction, in stabilising a turbulent market and they have proved an efficient and well-understood tool in the succeeding years.
The unexpectedly strong rise in inflation in March from February is unlikely to bring succour to savers earning niggardly returns for seven years now due to historically low interest rates. The increase in inflation to 0.5 per cent from 0.3 per cent a month earlier will set some of those savers wondering whether it could mean a somewhat earlier interest rate rise by the Bank of England (BoE), but that looks a pious hope.
WHEN major businesses under market pressures are forced to cut their coat according to their cloth it is often the suppliers that have to tighten their belts, or worse.
IN 2009, Scotland’s property and construction sector faced a crisis. The industry was one of the worst affected by the global economic downturn.
FEARFUL of ever higher tax in Scotland and seduced by the clandestine, secretive world of tax haven investing?4 comments
One fifth of 1 per cent isn’t normally something worth celebrating, but the fact that Scotland’s economy managed any growth at all in the final quarter of 2015 is impressive.
Companies have been using in-depth analytics to measure business performance and make major decisions for years.1 comment
What counts as money today? What counts as wealth? So fundamentally obvious are the answers to these questions it hardly seems necessary to consider them.1 comment