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6 hours ago · Shareholders in five of the seven investment trusts under attack from New York hedge fund Saba Capital this week vote on its call for their boards to be sacked and replaced with new directors. US Growth and Keystone Positive Change – managed by Edinburgh-based Baillie Gifford – hold meetings on ...

4 days ago · The Chancellor’s tax and wage increases from April could force 6% of Scotland’s pubs, restaurants and hotels to close. A survey by the Scottish Licensed Trade Association (SLTA) reveals that many will reduce their opening hours and cut back on staffing, while others are considering calling it a ...

Jan 24, 2025 · Chasing the money in Davos is one thing, but the Chancellor is leaving the real economy starved of cash, says TERRY MURDEN Chancellor Rachel Reeves and the Business Secretary Jonathan Reynolds have been breathing in the fresh Swiss air at the World Economic Forum in Davos, with a message for international business leaders and investors […]

6 days ago · Businesses are expecting a “significant fall” in trading over the next few months that could put more jobs at risk and further undermine the government’s growth plans. The CBI said there was “widespread” pessimism across the private sector as …

Dec 1, 2024 · The Finance Secretary has little wiggle room in this week’s budget, but she does have options, writes TERRY MURDEN With next year’s allocation of funds from the Chancellor to the Scottish government already all but spent, there is a risk for business that this week’s budget will be a bit of an anti-climax. Once pay […]

Jan 2, 2025 · Paul Thwaite – chief executive, NatWest (Royal Bank of Scotland) Paul Thwaite was promoted to the top job in February to replace Alison Rose following her ‘debanking” misjudgement, and is blessed with the stars finally beginning to align for the bank after its long recovery from the 2008 financial crash.. He told a global banking summit last month that the bank is likely to pursue an ...

Daily Business is part of the Daily Business Group (DBG), an integrated media and business services company established in Scotland by a former Sunday Times and Scotsman journalist and focused on Scottish business and political news.

Oct 21, 2024 · Chris Wayne-Wills is among the signatories to a letter to the Chancellor. Some of the biggest pub groups, cafes and restaurant chains in the UK are calling on the Westminster Government to avoid huge numbers of failures by taking immediate action …

Dec 16, 2024 · A floundering Labour leader is helping John Swinney paper over the cracks in government, says TERRY MURDEN Before an audience at the Playfair Library in Edinburgh on Monday First Minister John Swinney set out the damage and disarray that would follow if the budget bill failed to get through parliament.