At last night’s Board meeting we approved out Strategic Business Plan and Budget for 2017/18. Your Board has been working on a “vision” for Scotwest over the next few years and we will be launching it shortly. Our focus is on valuing individual members whilst working together for our mutual financial benefit.

We previously appointed new internal auditors who will take up their role on 1st October and last night we approved their audit plan for the next three years.

We also reviewed our dividend rates and decided, in line with our budget, that there will be no change in the forecasted dividend rates for the quarter ended 31st December.