Scottish jeweller and watch seller Laings has hailed a 5% increase in turnover to £63.3 million for the year ended 31 May 2023. However, the firm's pre-tax profits dropped slightly to £3.7m from £5.45m.
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Crerar Hotels has posted a 31% increase in turnover, rising from £14.5 million to £19m, and a more than 30% growth in gross profit, from £12.6m to £16.4m. This growth is attributed to strong summer sales surpassing pre-covid levels. The group, which includes seven award-winni
Finance Secretary Shona Robison has announced a series of fiscal, including significant changes to Scotland's income tax structure, in yesterday's Scottish Budget. A new 45% tax band will apply to earnings between £75,000 and £125,140, marking a shift towards higher taxation for wealthie
The Aberdeenshire-based housebuilding and construction group Bancon Group has posted a robust year of trading, marked by a 33% increase in its homes business and a 16% rise in overall turnover, for the year ended March 2023. Turnover for the year was up £18 million on the previous year to &pou
Stephen Goldie will succeed Nick Scott as the managing partner of law firm Brodies, commencing 1 May 2024. Louise Shiels and Marion MacInnes have also been promoted as new practice area leaders for the firm's disputes and banking and finance practices respectively.
Paisley-headquartered the Albex Group has expanded its portfolio with the acquisition of Rainbow Dust from Real Good Food PLC in a deal worth £800,000.
Cala Group has today provided an update following a strong period of land activity and confirmed its intention to continue its site acquisition drive.
The Dundee-based Insights Group has announced a revenue surge to £95 million, with its subsidiary, Insights Learning and Development, contributing 95% to this figure through its globally recognised four-colour personality model, Insights Discovery. The group's success is attributed to its lear
The UK economy has demonstrated a slight recovery with a 0.2% month-on-month increase in GDP in August, a modest upswing following July's significant 0.6% decline, according to the latest ONS figures.
AssetCo and its subsidiary, River & Mercantile Holdings Limited, have announced an in principle agreement to transfer their stake in RMI to an RMI team headed by managing partner Ian Berry. This transaction is slated for completion in Q4 2023, contingent upon finalising contractual details.
ACCA Scotland has responded to the UK government's plans to launch more stringent initiatives to curtail the persistent problem of late payments, which particularly plagues SMEs. This move is part of the forthcoming Prompt Payment & Cash Flow Review aimed at reinforcing and better executing curr
Irn-Bru manufacturer AG Barr has encountered a contraction in profit margins, declining to 12.5% for the half-year from 16.2% in the previous year due to a decision not to fully relay the inflation impact on costs to the consumers. This choice was made in light of the intention to maintain consumer-
For those seeking to grow their business, finding the right venture capital partner can be a game-changer, however figures released earlier this year showed that venture capital activity in Scotland had dropped. Corporate finance expert James Woodward provides business owners with practical insights
Thomson Cooper Accountants has bolstered its workforce with the induction of six new trainees across its accounting, audit, tax, and wealth management departments, in its latest annual trainee intake. The recruits have been selected from a diverse pool of talent, including high school graduates, uni
Global experts including DowJones emerging technology director and a top New York based virtual AI fashion expert will join Scottish businesses at Scotland’s annual CAN DO Innovation Summit, on 7 November. Now in its fourth year and in-person for the first time since the pandemic, the event at
