Analysis by Citizens Advice Scotland (CAS) of polling by YouGov found that as a result of rising energy bills, 48% of adults in Scotland (roughly 2.2 million) have had to cut back on household spending; of them:
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Seven young people have been appointed in a range of posts in the Outer Hebrides by Highlands and Islands Enterprise (HIE). The posts, which have all been filled in recent months, are based in Benbecula and Stornoway and have an important part in helping businesses and communities to develop and gro
Scott Hutchinson, a relationship manager at Unity Trust Bank, discusses the state of the healthcare sector and its challenges. The challenges facing the healthcare sector are rarely out of the news, but behind the headlines are many encouraging stories of practitioners and businesses investing in th
Hamilton-based specialist operator Asanti Datacentres Limited has acquired five UK data centres from Daisy Group, one of the country’s largest communications and IT services providers. Asanti was recently acquired by Invesis, global investor and developer of infrastructure projects. Invesis ha
A total of 45% of Scotland's wealth is held by 10% of households, whilst a tenth of households have no, or negative wealth, according to a new report from the Fraser of Allander Institute (FAI). The report, carried out by the institute, which is part of the University of Strathclyde, explores trends
Property factoring specialist Newton Property Management has appointed Karen Trickett as CEO. Ms Trickett will work alongside Newton’s existing leadership team and founding chairman Stephen O’Neill as the property firm sets its sights on continuing growth in the sector.  
UK Assets Under Management (AUM) are expected to fall by almost a tenth (9.9%) this year – the biggest annual decline since 2008 – according to the latest EY ITEM Club Outlook for Financial Services. Only a modest reversal is expected in 2023 (to 2.5% growth) due to the difficult global
HSBC Group reported its 2022 Q3 results and subsequently announced the appointment of Georges Elhedery as group CFO and an executive director of the board as well as the appointment of Greg Guyett as chief executive of global banking and markets (GBM). Mr Guyett's appointment is effective
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Chiene + Tait (C+T) has announced a new partnership with Converge to help support Scottish-based spinout and start-up businesses maximise their investment in research and development (R&D). Through the new alliance, C+T will provide specialist advice and guidance on R&D tax relief to the coh
Virgin Money has announced the appointment of Sarah Wilkinson as COO, consolidating the positions of the bank's outgoing chief digital and innovation officer and chief customer experience officer. Set to join at the start of 2023. Her new role will combine the existing roles of Fraser Ingram, chief
Mattioli Woods plc, the specialist wealth and asset management business, which has offices in Edinburgh, Glasgow and Aberdeen, has seen its revenue increase by 72.8% to £108.2 million, in 2022. In its final audited results for the year ended 31 May 2022, the firm revealed "strong organic reven
New data has shown that the global non-life run-off market continues to grow, with estimated liabilities rising 11% to $960 billion (£822.5bn) since the beginning of 2021, according to PwC’s latest global insurance run-off survey.
New data has shown that the average amount owed to small businesses in late payments has risen to £22,700 in May 2022, up from £21,400 in 2021, according to Intuit QuickBooks late payments bulletin. This is a 6% year on year increase and the almost £23k average works out to 65
Yorkshire based commercial finance consultancy, ABL, has grown its operations in Scotland with the appointment of Neil Kindness as regional managing director. The hire follows the commercial finance consultancy’s announcement in April of a major recruitment drive as joint managing directors Al
