Persimmon said yesterday it is currently on course to deliver a “good result” for 2020 with the recent tightening of COVID-19 restrictions across England and Scotland having a “relatively limited impact” on its operations.
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A set of 2,400 vintage images from NASA are due to go up for auction at Christie's auction house in London.
More than a fifth of retailers and wholesalers in Scotland were already stockpiling before the coronavirus pandemic in anticipation of Brexit, helping firms feel more prepared for COVID-19, according to a new report from Barclays Corporate Banking. The report found that while the retail and wholesal
Scotland exported £9.2 billion of financial and related professional services in 2019, an increase of 7.7% from 2018, according to a new report from TheCityUK. Financial services exports from Scotland accounted for 8.2% of Great Britain’s total financial services exports in 2018. Th
Demand remained strong in Scotland’s housing market last month, according to the October 2020 RICS Residential Market Survey.
Glasgow-based online product discovery platform Product Guru has secured funds of £330,000 to disrupt the traditional retail buying process by re-inventing how products end up on shelves. The investment of £230,000 from Scotmid Coop and Techstart VC, with a further £100,000 funding
The Scottish Government’s budget will be published on 28 January 2021, finance secretary Kate Forbes has announced. It follows the UK Government’s decision to postpone its Autumn Budget until an unspecified date in the new year.
South of Scotland Enterprise (SOSE) has invested £690,000 in Hilltop Leaf Limited, a private medicinal cannabis cultivation and extraction business which aims to provide an alternative plant-based clinical treatment to synthetic pharmaceuticals.
The UK is facing a 'new and unprecedented debt crisis' in the wake of COVID-19 as the number of people affected by coronavirus who are in severe problem debt has risen to 1.2 million, according to a new report by debt charity Step Change. Step Change's Tacking the Coronavirus Personal Debt Crisis re
Aberdeen Standard Investments (ASI) has launched a range of sustainable index funds within a tax efficient Authorised Contractual Scheme (ACS) structure aimed at pension funds and other institutional investors. The sustainable index funds each track customised MSCI sustainable equity indices that ha
Par Equity has sold its stake in Edinburgh-based portfolio company Symphonic Software in an all-cash transaction for a headline price of $31 million US dollars. Par Equity achieved a blended 8.3x return across two rounds of investment for its EIS Fund, over a period of 6.8 years. Par Equity's e
Aberdeen-based IT provider ITWORX has announced its transition to employee ownership, with 17 staff given a stake in the business. Established in 2010 by Philip Mowatt and Jill Ross, ITWORX provides tailored IT and communications services and solutions to a range of clients. The firm is headquartere
The Financial Reporting Council (FRC) has said that auditors must redouble their efforts to remedy inconsistent audit quality in the wake of the unprecedented economic turbulence caused by COVID-19. In its Developments in Audit 2020 report released today, the regulator reports audit quality re
The UK's economy bounced back from recession with record growth of 15.5% in July to September, according to the latest figures released by the Office for National Statistics (ONS).
Landlords, small business owners, investors and second-home owners are facing a rise in tax after a review ordered by Chancellor Rishi Sunak. The chancellor is considering proposals by the Office of Tax Simplification (OTS) to reform capital gains tax to help pay for the Covid-19 pandemi