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Scotsman Obituaries: Sir John Shaw CBE, Scottish businessman and accountant


In a long career as an accountant and businessman, Sir John Shaw held a range of distinguished roles, including being the first executive director of Scottish Financial Enterprise, and the governor of the Bank of Scotland at the time of the organisation’s merger with Halifax bank. As the Johnstone Smith Professor of Accountancy at Glasgow University, he was passionate about passing on his knowledge and expertise to others.
He played a key role in the formation of the Scottish Higher Education Funding Council (SHEFC) which brought the funding of universities directly under the auspices of the government. A lover of the arts, he was deputy chairman of the Edinburgh International Festival Society from 1990-2000. ....

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A complete guide to the Bank of Canada and Canadian interest rates


A complete guide to the Bank of Canada and interest rates
Rebecca Cattlin
April 21, 2021 3:20 PM
As with any central bank, when the Bank of Canada (BOC) changes interest rates, it can have a knock-on effect to stocks, indices and currencies. Find out everything you need to know about the BOC and how it’s decisions impact financial markets.
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What is the Bank of Canada?
The Bank of Canada is Canada’s central bank, which was created to promote the economic and financial welfare of the country. The BOC is responsible for preserving the value of the Canadian dollar and keeping inflation low through monetary policies, printing money and setting interest rates. ....

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