The consumer prices index rate of inflation has decreased to 10.5% in December from 10.7% in November, according to the latest figures from the Office for National Statistics (ONS). The rate was slightly lower than the forecast 10.6%, and continues the downward trend from 11.1% in October, suggestin
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The Scottish Export Index (formally Scottish Export Awards) is returning for the first time since 2018, in recognition of the continued success of Scotland’s exporters on the world stage, which is believed to account for £87.1 billion worth of exports globally. Run by business support se
According to the latest Royal Bank of Scotland Report on Jobs survey, Scottish recruiters reported a decline in permanent placements during December.
Energy storage company Gravitricity is seeking up to £40 million in funding after it signed a memorandum of understanding with construction firm VSL Systems UK to design underground hydrogen stores, known as FlexiStores, which could be used to fuel the UK's green economy. The UK could see the
Roland Smyth discusses the challenges facing the tourism industry in Scotland as a result of Covid and Brexit and suggests ways to address these issues including investment in staff training, public sector support, and a focus on ESG issues to make the industry more attractive to a wider talent pool
The Institute of Chartered Accountants of Scotland's (ICAS) experts have examined key aspects of the Scottish Budget announcement and how this addresses issues affecting many, such as the freezing of tax thresholds and increase in income tax. On the key announcements in the Scottish Budget, Justine
A new report has said the outlook for Scotland’s budget in 2023-24 has become more challenging due to factors wholly outwith the control of the Scottish Government, but there are decisions that Deputy First Minister John Swinney can make to ease the path ahead for Scotland. In its pre-budget r
A new report has revealed that goods with a total value of almost £3.5 billion are awaiting completion in Scottish manufacturers’ warehouses due to supply chain delays.
David Hossack gives insight into the role mediation will play in the developing economic climate. For a business in the throes of a commercial dispute, the financial strain of legal action is bound to weigh heavy, and so where possible, most will want to avoid a dispute ending in litigation.
In a five part series for Scottish Financial News this week, BTO partner Cat MacLean tells the story of an epic legal battle with the Clydesdale Bank. She explains the reality of litigating against a huge opponent with bottomless pockets, the cost and funding of litigation and the need to find
A new fund has been launched to support communities to register an early interest to be able to obtain first option to buy land or buildings being offered for sale. Highlands and Islands Enterprise (HIE), which already administers the Scottish Land Fund across the country on behalf of Scottish Gover
Jerba Campervans, a campervan conversion specialist, has received recognition for ethical tax conduct for the third year running. The firm remains the only automotive business to have been awarded the esteemed Fair Tax Mark accreditation – continuing to pave the way for others in its sector.
Hindles, an Edinburgh-based firm of patent and trade mark attorneys, increased revenue by 25% to £2.1 million in the year to 31 March 2022, while appointing a further director, Chris Cottingham, and growing headcount by 50%. Founding director Dr Alistair Hindle notes a Brexit effect, with grow
Legislation to update and strengthen existing charity law has been published by the Scottish Government.
Inflation has reached 11.1%, a 41-year high, the newest figures from the Office for National Statistics (ONS) shows. A jump in energy costs, despite the Energy Price Guarantee (EPG), and rising food prices, which rose by 16.4% — the biggest annual increase since 1977 — pushed C
