Scott Wright
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Glasgow-based journalist taking care of business at The Herald. Proud owner of smoking jacket. Personal account.
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Articles by Scott Wright
Pioneering Scottish hi-fi company reports surge in profits
A renowned Scottish hi-fi company has reported a rise in profits in its most recent financial year. Linn, which shot to fame with the launch of its famous Sondek turntable in the early 1970s, made a pre-tax profit of £2.169 million for the year ended September 30, up from £1.175m the previous time. Profits rose as turnover at the Glasgow-based company dipped marginally to £22.17m from £23.096m, accounts newly filed at Companies House show.
Coming soon!
You will see changes on our editorial pages as we try to give readers a quicker, easier read. The opinion page will be geared more toward local versus national issues, as will our features. When newspapers originated, the founding fathers often used their publications to push their own agendas. Typically, those were political agendas. The bully pulpit was powerful. For years, newspapers have endorsed political candidates.
Boss of Scotland's leading lager brand says publicans are 'struggling'
The chief executive of the company which owns Tennent-s Lager has underlined how tough trading conditions are for customers in the Scottish hospitality sector, declaring that operators are -struggling- and that -volume is broadly a worry across the piece-.
Edinburgh wealth manager opens dedicated sports arm in London
Tweed Wealth Management hailed the launch of a presence in the UK capital for the sports arm as a “significant milestone” in its mission to provide professional athletes with the financial know-how they need both during and after their careers. The London base will be led by former professional rugby player and chartered financial planner Jason Baggott, who heads Tweed Sports jointly with Ross Penman.
Blish-Mize Streamlines Purchasing With Enhanced App at 2024 Fall Buying Market - Hardware Retailing
At its recent Fall Buying Market Sept. 12-14 in Overland Park, Kansas, Blish-Mize provided its customers and vendors with the “best of both worlds” by offering enhanced ordering technology to streamline purchasing logistics while offering attendees a one-of-a-kind, personalized in-person experience.
Scottish government confirms how it will assess buildings with potentially unsafe cladding
SBA specification document (91 pages / 4.2 MB) outlines how assessors should evaluate a building’s performance, providing a uniform standard for assessing various aspects of a potentially unsafe building. An SBA forms part of the Scottish standards specified by the recently passed Housing (Cladding Remediation) Bill (20 pages / 1.2 MB).
Scottish Housing Bill proposes long-term rent control measures
The Bill is set to create a duty on local authorities to carry out periodic assessments of the private rental market in their areas and make recommendations to the Scottish ministers about the designation of rent control areas, where they consider measures to control rent increases are necessary to protect the interests of tenants.
Economic growth will be centre of UK Budget
Chancellor Jeremy Hunt will publish his Spring budget on Wednesday, 6 March and “with battle lines already starting to be drawn up, the economy is likely to feature front and centre”, said Scott Wright, a public policy expert at Pinsent Masons. The chancellor has indicated that the budget will be focused on prioritising economic growth.
CKA PURPLE MARTINS
PURPLE MARTINS 2024 2024 January 30 The Cedar Keys Audubon, with support from the City of Cedar Key and the Cedar Key Chamber of Commerce, is proud to announce the installation of an interpretive sign about the elegant Purple Martins. The sign is located on city property in the marina parking lot across the street from the Marina Hardware Store. It is joined by two stations that hold nest boxes for the birds.
The role for public affairs teams in ‘election year’ 2024
For businesses, elections create new challenges and opportunities as well as uncertainty and risk. They must prepare themselves for evolving policy agendas, political stakeholder churn, and changes in governmental priorities. This requires close monitoring and effective management. Elections can often lead to sweeping reform agendas and political decisions that fundamentally alter how a sector is regulated.
Here's how brokerage valuation works
Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. First, the business of residential brokerage is highly dependent on the recruiting, retention and production of independent contractor sales agents. Brokerage firms are not producing goods on a factory line — there are no warehouses holding physical inventory, no retail distribution channels and really, no patentable intellectual property.
Stirling health tech firm steps up fight against cancer
Gary Beale (Image: Emblation) These are exciting times for Emblation, the Scottish health technology specialist. The company, which recently celebrated its 15th anniversary, is in the midst of moving its headquarters from Alloa in Clackmannanshire to a new £4 million base at Castle Business Park in Stirling, complete with views of the castle and, when you gaze towards the horizon, the Wallace Monument. The move takes place as Emblation undertakes three major clinical studies.
What to expect from Humza Yousaf’s new programme for government
Since taking office, Yousaf’s tenure as first minister has been beset by challenges – many beyond his control – which have hindered his ability to not only make progress on the Scottish government’s legislative agenda, but also grow his public profile. Indeed, of the 18 new bills announced in last years’ programme for government, only 12 have been introduced to Holyrood, and of these only three have made it past the first stage of the legislative process.
Gordon & MacPhail reveals major change
GORDON & MacPhail, the family-owned Scotch whisky company, has made one of the most momentous decisions in its 128-year history. The Elgin-based company began life as a greengrocer in 1895 and as the decades passed it became known as an expert bottler of Scotch whisky, sending casks to distilleries from them to be filled with new-make spirit which was then matured.
March 2024 end date set for rent cap and evictions ban in Scotland
The minister for tenants’ rights, Patrick Harvie, confirmed that regulations have been laid before the Scottish Parliament to extend Part 1 of The Cost of Living (Tenant Protection) (Scotland) Act 2022 for a further six months from the current end date of 30 September 2023, as it is “necessary and proportionate” to protect rented sector households from cost-of-living pressures.
Florida Extends E-Verify Requirement to Private Employers | JD Supra
The Department of Homeland Security’s E-Verify program is a free web-based verification tool for employers to confirm newly hired employees’ work authorization in the United States. Although participation in E-Verify is generally voluntary for employers, some states require employers to use E-Verify in certain contexts. Florida is the most recent state to update its E-Verify laws with Gov. Ron DeSantis signing Senate Bill 1718 on May 10, 2023.
Businesses will welcome UK efforts to cut regulatory red tape
Many businesses are likely to welcome this latest move towards deregulation in areas that would have previously deterred investment and hampered economic growth. The cumulative burden of regulation in recent years, alongside acute inflationary pressures, have made the challenges facing businesses, particularly small and medium-sized ones, much more pronounced. In this economic context, the government is keen to demonstrate that it is pro-business and can deliver growth.
Will more inventory lead to more home sales in May?
Inventory looks to be finally climbing for the spring. The data shows the most new listings this week since September. A nice little increase. This number is still 10% fewer listings each week compared to 2022, but at least it looks like the market is loosening up a bit. The sales rate is climbing at a very normal pace too. It is not spiking. Due to the limited supply of homes to buy, and a worse affordability scenario, the sales pace is running 15-20% lower than 2022.
The Agency's Mauricio Umansky on strategic growth
Today's RealTrending features, Mauricio Umansky, CEO of The Agency and author of his new book, " The Dealmaker." Umansky discusses his company's strategic growth plan, how he's overcome adversity to build his company and offers his view of current industry trends. Here is a small preview of today's interview with Mauricio. The transcript below has been lightly edited for length and clarity: Tracey Velt: I think mindset is so important.
Maximizing security awareness team success through organizational structure
RH: Everyone has a different learning style and there are things that HR professionals know how to do, like accommodate and work with and motivate people. But, you do need that understanding, like Tyler said, from an IT perspective because you have to understand what the common attack vectors are and how these attacks will actually be executed. So then you can explain it to users in a productive manner and support them. It's about finding that balance between HR and IT.
Businesses await Hunt’s UK spring Budget
However, businesses should not expect radical changes to the direction Hunt has previously suggested he is taking with the UK’s finances – measures announced will be within the fiscal constraints Hunt has stressed the UK is operating under. When Hunt sets out his spring Budget on Wednesday, he will do so buoyed by recent improvements to the UK’s short-term economic outlook.
Valuing small brokerage firms in today's market
Despite merger and acquisition activity largely muted on a macro scale, local M&A is seeing plenty of action in residential brokerage. Ebbs and flows in the housing market are as certain as the sun rising in the east. Regardless of where we are in these undulations, there will always be a place for M&A. Obviously in weaker markets, multiples may not be as high and cash flow may not be as robust, which is not a good combination for valuations, nevertheless sellers and buyers can still be found.
Is there market value in your 'personality' real estate team? Probably!
All real estate teams have value, just how much is dependent on myriad factors. At worst, team owners who hang it up can expect a referral fee from whomever they refer their past clients to and leads to, and this can apply to individual agents, as well. But how can a team have value beyond a referral fee? At RTC Consulting, we perform numerous team valuations, and team type is the first determining factor in understanding value.
UK Supreme Court blocks Scottish independence referendum legislation
In a unanimous decision (35 pages / 303KB PDF), the Lord Justices held that the proposed Scottish Independence Referendum Bill relates to constitutional matters that are reserved to the Westminster parliament. The Court ruled that, even if the proposed referendum was ‘advisory’ and would have no immediate legal consequences, it would still be “a political event with important political consequences”.
Scottish pharmacy group on hunt for more acquisitions
The company, which trades as Davidsons Chemists, accent its appetence for continuing to abound its portfolio as it appear an enhance in about-face to about £52.8 million, from £46.9m, in the year concluded January 31. This came amidst “serious challenges” apropos to the communicable and consecutive raises in active costs and wages, the pharmacy aggregation said. Pre-tax profits biconcave to £4.9m from £5.6m.
Chivas Brothers owner hails growth in ‘volatile’ market conditions
Alexandre Ricard, the administrator and arch controlling of the Paris-based drinks giant, declared he was once “hugely encouraged” by begin to the year, as the aggregation accent a strong“broad-based performance” above geographies and artefact categories. And he expects the aggregation to abide growing all through the year.
3 tips from Ryan Serhant on tackling a tough market
The market may be difficult right now, but there are still opportunities to be had for those willing to work for them. "2023 is either going to be the worst year ever if you don't pay attention or it's going to be the biggest year of your entire career," said Ryan Serhant, CEO, broker and founder of SERHANT.
Scottish independence prospectus still leaves fundamental questions unanswered
Scott Wright of Pinsent Masons said the newly-published paper, entitled ‘Building a New Scotland – A stronger economy with independence’ (110 pages / 5.59MB PDF), did not answer a number of “fundamental questions” on the plan for a new Scottish currency and the possibility of customs checks at the border with England.
Rook Capital launches shared equity program in Colorado
Proptech company Rook Capital on Wednesday announced a partnership with Keller Williams Northern Colorado and First Bank, to leverage its shared equity program to expand home ownership and tackle challenges in home affordability. The program aims to partner homebuyers with community-based investors to purchase a home with shared equity. The proptech firm identifies locations and properties with the "best prospects for return" using its technology, it said in a press release this week.
Cala appointed to develop new homes at renowned Cathcart engineering site
Celeros Flow Technology alien in August which it was once affairs off surplus acreage at Cathcart to reinvest in the business. It answered again which it would action six acreage of bombastic barrio and acreage alternating Inverlair Avenue. Today Celeros, which acquired the armpit from SPX Flow in 2020, answered it had appointed Cala as its residential development aircraft partner.
Edinburgh-based Cruden hails ‘resilience’ as profits rise at builder
The Edinburgh-based company, which builds houses to advertise beneath its own brands and for audience in the accessible and clandestine sector, appear a 29 per cent acceleration in about-face to £247.4 million in the year to March 31, including from its allotment in collective ventures. Profits grew to £4.9m from £0.3m, the accounts show.
Dundee-based Ace Aquatec secures distribution deal in Greece
By Scott Wright ACE Aquatec, the Dundee-based angle acreage technology specialist, has appointed a benefactor for its in-water electric stunners in Greece. The aggregation answered the affiliation with Stamatiou Aquaculture will advanced the acceptance of newer, college abundance technology at the point of harvest.
Truss and Kwarteng drive change in UK economic policy
Truss and Kwarteng are staking the house on delivering a growth agenda powered by tax cuts. The chancellor has announced that the 1.25% increase to National Insurance will be reversed from 6 November and the proposed increase to corporation tax will be cancelled as anticipated.
How Truss win will shape UK policy for businesses
Truss has said that she would place a temporary moratorium on the so-called ‘green levies’ from energy bills to reduce bill rises for two years. It has been estimated that this would save households around £150 a year on average. What the Truss government will do to help businesses cope with their rising energy bills is also likely to come under scrutiny.
Scottish independence referendum bill heads for Supreme Court showdown
Scott Wright of Pinsent Masons said the first minister’s statement to MSPs “brings the prospect of a referendum into clear focus”.
The Absurdity of a Federal Vaccine Mandate
The Corner A healthcare worker prepares the Moderna coronavirus vaccine at a vaccination center in El Paso, Texas, May 6, 2021. (Jose Luis Gonzalez/Reuters) In the week after the U.S. failed to reach President Biden’s July 4 vaccination goal, the conversation of what to do next has yielded increasingly preposterous suggestions. Slowing vaccine rates have many officials worried that the optimal immunity levels of 85 to 90 percent may not be reached any time soon.
Washington provides guidance regarding marketplace facilitators & the delivery of restaurant and grocery food
On May 7, 2021, the Washington Department of Revenue issued Excise Tax Advisory 3223.2021, providing guidance on the proper taxation of grocery food and restaurant delivery services provided through marketplace facilitators.
Johnson & Johnson Vaccine Raises Questions of Efficacy and Ethics
Army Spc. Angel Laureano holds a vial of the COVID-19 vaccine, Walter Reed National Military Medical Center, Bethesda, Md., Dec. 14, 2020. (DoD photo by Lisa Ferdinando) Johnson & Johnson’s recent vaccine announcement has sparked great hope in the United States, with virus experts calling it a potential “game changer.” In a Jan.
Engaging Remote Workers to Defend Information and Systems With Gamification
Although automated security measures have adjusted somewhat to malicious tactics that continue to exploit various aspects of the pandemic, employees are still eager for new information about how their jobs, their home situations and even political events are still being affected by COVID-19. So, there is still plenty of fertile ground for attackers to take advantage of, especially with the new vulnerabilities specifically targeting organizations that are now working remotely.
For the Record – Corporate Record Storage Service Provided in New Jersey not Subject to New York Sales Tax | LexBlog
On August 18, 2020, the New York Supreme Court, Albany County, held that there was no rational basis for New York’s imposition of sales tax on storage services performed in New Jersey that occurred subsequent to the initial sale and pickup of items in New York. The taxpayer, a New Jersey corporation, operated corporate records storage facilities in New Jersey.
NASCAR race at Texas Motor Speedway could draw over 60,000 fans as coronavirus ravages state
FORT WORTH, Texas — Eddie Gossage doesn’t expect many spectators to be visible on TV during Sunday’s NASCAR Cup race at Texas Motor Speedway. The TMS president knows plenty of fans will be in the stands for the O’Reilly Auto Parts 500. But not many will be down low, where TV cameras will catch them. “It’s going to be very, very hot,” Gossage said with a laugh.
Form I-9 Update: Department of Homeland Security Introduces Flexibility for In-Person I-9 Rules
With 30 years of experience in business immigration law, Scott Wright is recognized nationally for his expertise on I-9 and immigration compliance matters. Scott also counsels on immigration issues that arise in employment decisions, mergers and acquisitions, government audits and investigations, and labor law disputes.
Representative Representation Required
The Washington Court of Appeals held that Seattle’s method of apportioning the City’s business and occupation tax (B&O tax) was unconstitutionally applied and unfairly apportioned when the City excluded compensation paid to independent representatives from the apportionment payroll factor. The taxpayer, a financial services firm headquartered in Seattle, generated most of its income through the sale of securities by registered representatives based outside the City.
New Mexico Administrative Hearings Office Approves UPS’s Alternative Apportionment Method
The New Mexico Administrative Hearings Office determined that UPS may depart from the statutory apportionment method for trucking companies, based on mileage driven in the state, because it produces a result that bears no rational relationship to UPS’s New Mexico business activity.
Turbidity Current Observations in a Large Reservoir Following a Major Wildfire
Downloaded 26 times Technical Notes Abstract Turbidity currents are generated when denser river water plunges and flows along the bottom of a lake, reservoir, or ocean. The plunging and downstream movement are driven by density differences due to temperature and/or suspended sediment, and currents have been observed to move slowly over long distances.
NRHA and Retail People Solutions Team Up to Improve Culture
Click the picture to download a PDF of this story. By Scott Wright, swright@nrha.org Leading With Culture Business management guru Peter Drucker once said, “Culture eats strategy for breakfast.” While delivered tongue-in-cheek, what the father of modern management theory suggests is that even the best strategies and business practices won’t get you very far if you don’t have a healthy culture where everyone knows their role and is pulling in the same direction.
Faces of Migration
Surviving Human Trafficking: My Long Journey toward Healing My name is Lidia* and I came to the United States from San Pedro Sula, Honduras. I had to leave my home for many reasons, including abuse from family and strangers as a child, fear of dying from gangs who believe that gay people do not have the right to exist, and a future without opportunities to study. The biggest hurdle to rebuilding my life is being unable to work to my full capacity.
Five Ways to Improve Your LinkedIn Profile Today
Are you using LinkedIn? Have you ever wondered if you could drive more leads by improving your LinkedIn profile? There’s a strong chance you could. A good profile page on the world’s largest business social network can make all the difference between “having” social media and “owning” social media. LinkedIn is, after all, fertile ground for financial professionals to prospect for customers.
The effect of racial and gender concordance between physicians and patients on the assessment of hospitalist performance: a pilot study
Open Access Research article First Online: 24 April 2019 Part of the following topical collections: Quality, performance, safety and outcomes Abstract Background Lack of racial concordance between physicians and patients has been linked to health disparities and inequities. Studies show that patients prefer physicians who look like them; however, there are too few underrepresented minority physicians in the workforce.
NRHA Announces 2018 Young Retailer of the Year Honorees
The North American Retail Hardware Association (NRHA) is proud to announce the 2018 Young Retailer of the Year honorees. Chosen from a broad field of inspiring, talented applicants, these young retailers push the industry forward each day. From improving their own businesses to bettering their communities, connecting with customers and continuing their hardware retailing education, these retailers exemplify the potential of the independent home improvement industry.
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