New staycation holiday specialist Caledonian Leisure Ltd has secured a multi-million-pound investment from Mobeus Equity Partners, the investors behind the recent IPO of Virgin Wines and the proposed IPO of Parsley Box.
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An employer has been branded childish after paying a departing employee his final wages in pennies – and calling him a "weenie".
Bancon Group has announced positive trading results for the year ending 31 March 2020 despite the economic upheaval of the coronavirus pandemic. A marked improvement in margins at the Aberdeenshire housebuilder and construction group led to an increase in operating profit from £10.3 million in
The Financial Reporting Council (FRC) has published summaries of its corporate reporting reviews for the first time. Each year, the FRC conducts over 200 corporate reporting reviews to assess whether company reports and accounts comply with relevant accounting and reporting requirements.
New regulations which aim to improve the transparency of sales to connected parties in administrations are flawed, says insolvency and restructuring trade body R3 in Scotland. The rules, which come into effect on 30 April, apply to all sales of businesses and/or substantial assets of a company in ad
Business confidence in Scotland rose 15 points during March to -2%, the highest reading since March 2020, according to the latest Business Barometer from Bank of Scotland Commercial Banking.
The North East Scotland Pension Fund (NESPF) has reported increased asset value and funding position a year on from the coronavirus outbreak. The COVID-19 outbreak brought a difficult period of market volatility and the North East Scotland Pension Fund, like many other investors, saw asset values dr
Dean Ward, managing director of the DCW Group, a professional residential and commercial development consultancy, outlines the benefits of combining the fintech and proptech markets. There are numerous trends which are predicted to define the property sector’s growth in 2021; from virtual view
A new New SME Recovery Report from NatWest has revealed that targeted support for SMEs could unlock £140 billion of additional GVA growth by 2030 equivalent to creating around 3.2 million new jobs across the UK. As part of its commitment to remove barriers to enterprise and help the econo
A plunge in credit card spending in February contributed to the biggest fall in consumer borrowing in 27 years, according to figures published by the Bank of England (BoE). With British consumers paying back more than they borrowed, consumer borrowing dropped by 9.9% annually, marking the biggest co
Savers who put their money into cash ISAs have suffered the worst year on record, with returns over the last 12 months averaging just 0.63pc, according to the latest figures released by Moneyfacts.
Members of Nationwide Building Society are switching to green energy as the society takes action to help beat the looming energy price increase. The society is encouraging its members to take advantage of a six months’ free subscription to Switchd – an energy comparison tool that constan
Despite the challenges of the past year, Barratt Developments Scotland has made a substantial contribution of £245 million to the UK economy and supported hundreds of other organisations in the supply chain. In the year ending 30 June 2020, Barratt Developments Scotland has also completed 1,34
From Thursday retailers in Scotland, as well as firms in hospitality, leisure and airports, will be entitled to 100% rates relief for the 2021-22 financial year. As a result, the Scottish Retail Consortium (SRC) is urging firms to apply for relief.
Accountancy firm Chiene + Tait (C+T) has announced a partnership agreement with the Heritage Trust Network to support its members in their efforts to restore and preserve the nation’s built heritage. The membership of the Birmingham-headquartered Heritage Trust Network is made up of over 200 g