Scottish businesses are grappling with a surge in overdue invoices, reaching a three-year high in January, according to new research from R3. The insolvency and restructuring trade body's analysis of data provided by Creditsafe shows that businesses in Scotland had a total of 611,754 overdue invoice
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Wood Group has appointed Iain Torrens as interim chief financial officer (CFO). Mr Torrens will also join the company’s board as an executive director, effective immediately. His appointment is interim while the company conducts a comprehensive search process for a permanent CFO, followin
Johnston Carmichael has expanded its audit capabilities with the appointment of Jane Ferguson as a new partner. Ms Ferguson has joined from a Big Four audit team and has more than 18 years’ experience in audit, assurance and financial reporting across Scotland.
A Flamin' Hot Cheeto in the shape of a Pokémon is set to be sold at auction.
One of Scotland’s trade bodies has demanded immediate action to lift Scotland’s £1 billion self-catering industry from crisis, blaming the Scottish Government’s repeated failure to reform its flawed short-term let regulations wreaking havoc across Scotland. The Association of
Towers Watson, a WTW business with Scotland offices in Edinburgh and Glasgow, has expanded its senior team, with the appointment of Keith McInally and Heather Meighan. Mr McInally, based in Edinburgh, joins as a director in the retirement team, to lead investment strategy for WTW's Scottish retireme
Workers at outsourcer Capita, which has an office in Glasgow, have begun strike action in a dispute over their employer’s refusal to negotiate a pay award for 2024.
Chartered surveying firm DM Hall has recognised the achievements of six colleagues with the appointment of two new directors and four new associates. Calum Riach and Lesley Coghill, who are both part of the firm’s highly successful Inverness office, have been promoted to director status and Br
The Royal Institution of Chartered Surveyors (RICS) is launching a consultation for a second edition of its financial crime standard.
Scotland's onshore GDP experienced a 0.6% increase in December 2024, according to official statistics. This follows growth of 0.2% in November 2024, revised up from ‑0.5%. However, the overall picture for the fourth quarter of 2024 revealed stagnant growth, with a 0.0% change compared to the previ
Turnover at Thorntons has increased by 16% year-on-year as it continues to grow its legal services. Gross income grew to almost £44 million for the financial year ending May 31, 2024, compared with £37.8m the previous financial year. Profits rose by 35%, growing to £12.4m compared
With a seemingly never-ending increase in legislation, entering the buy-to-let market can seem a daunting prospect, but Nicky Lloyd, head of ESPC Lettings, explains that there are long-term advantages for those willing to enter the market now. With details being revealed that rent controls will end
Aberdeen-based risk management and incident investigation software provider COMET has announced it is moving to new headquarters at City Wharf, Shiprow, at the end of this week. This relocation comes amidst significant growth for the company, marked by expanded leadership, new contracts, and strengt
Airglove Medical, based in East Kilbride, has secured £500,000 in equity investment from lead investor Pulse Angels and co-investor Scottish Enterprise to commercially launch its patented Airglove device.
Bruce Cartwright CA, CEO of ICAS, has responded to Holyrood's approval of The Scottish Government's 2025-26 Budget, describing it as a "short-term fix" lacking a long-term tax strategy and a clear reform roadmap for public services. The budget includes £21.7 billion for health and social care,

