Figures released today by the Office for National Statistics (ONS) make grim reading for retailers, revealing a slump of -1.9% in the volume of sales during 2020 when compared to 2019. That is the largest year-on-year fall on record. In contrast, the value of online sales played its part in preventing an even greater disaster, […]
Crown Agents Bank is pleased to announce the appointment of Bhairav Trivedi as CEO Designate. His appointment is subject to the usual regulatory confirmations in due course. Bhairav and current Group CEO Albert Maasland will jointly oversee the transition. Bhairav joins Crown Agents Bank as it completes its comprehensive modernisation and transformation programme, becoming a […]
Output stabilised in the quarter to January, following three consecutive quarters of decline, according to the latest CBI quarterly Industrial Trends Survey for Scotland. However, output is expected to return to sharp decline in the months ahead. The survey saw an overall decline in total domestic and export orders, albeit at a slower pace than […]
Specialist business property adviser, Christie & Co, has completed on the sale of Holmhurst Care Home, a well-established specialist care home in Southampton, Hampshire. The sale was funded through Christie Finance. Holmhurst Care Home is a large detached two-storey dwelling with a single-storey extension to the rear. The care home is registered for 16 service […]
While the largest housebuilders in the country are collectively sitting on a £3bn war chest thanks to the introduction of the Stamp Duty holiday, it is also at the other end of the spectrum that the construction and trade sectors have seen much needed cash injections. The booming housing market as a result of the Stamp […]
Commenting on the government’s Skills for Jobs White Paper published today, Tom Ironside, director of business and regulation at the British Retail Consortium said: “Digital transformation and evolving consumer behaviour have led to a period of extraordinary change for retail and its workforce. The measures announced today, such as putting employers at the centre of […]
The latest research by lettings and estate agent, Benham and Reeves, has revealed which rental property features are currently the most in-demand amongst UK tenants. Benham and Reeves looked at tenant demand across 23 major UK cities, analysing thousands of rental market listings for property features including gardens, garages, balconies, a concierge service, pet-friendly properties, […]
Moore Kingston Smith LLP, the London firm of the Top 15 Moore UK network of accountants and business advisers, is delighted to announce the acquisition of the audit and accounting business of Frank Hirth PLC, a top 35 UK accountancy and tax firm. The business includes Frank Hirth’s general practice audit, accounts and payroll business, […]
A new report by technology-focused investment bank ICON Corporate Finance, has revealed that despite Covid causing a 50% year-on-year collapse in Tech M&A activity in the second quarter, a remarkable bounce-back led to a spate of M&A activity in businesses focussed on Digital Transformation, resulting in a near record final quarter, boding well for 2021. […]
With Scotland’s CAN DO Innovation Summit fast-approaching, the winners of its #SME stage competition are today unveiled, as further details of the programme for the virtual event on 3 February are announced. The three winners of the competition, open to all small and medium sized Scottish businesses, were chosen from high-quality entrants who were asked […]
29/11/2020
Edition 288 – October/November 2020
An ill wind By Business Money group editor Robert Lefroy Lack of cyber securi...
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