Deloitte has warned of high expectations of a recession occurring within the next year as surveyed industry leaders brace for economic downturn. Amid rising inflation and intensifying economic headwinds, finance leaders assign a 63% probability to experiencing a recession within the next year, accor
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Edinburgh headquartered solicitors, Gilson Gray has announced it is expanding its presence to Aberdeen in west end of the city. The move comes after the law firm's first foray south of the border, announced earlier this month, with the takeover of Lincoln-based Home Property Lawyers (HPL) Ltd.
Vishal Chopra, head of tax for Scotland at KPMG UK, discusses the potential future tax plans at Westminster. Whoever becomes the UK’s next Prime Minister, it seems certain that tax will play a huge role in setting the tone for their premiership. Everything we’ve heard from the Tory candi
Banff-based Anderson & Co, set up by Arlene Anderson, has merged with Moray-based accountancy firm Ritsons. The merger sees Anderson & Co’s team join Ritsons to serve communities across the North East of Scotland and the Highlands with accountancy and business advice.
Brian McMurray, head of technology and a business advisory group partner at AAB, discusses the growing investment opportunities available to technolgy firms. The technology deals market has remained active throughout the pandemic, making the most of business that could be done virtually – but
Edinburgh-based crypto platform Zumo has received funding from Innovate UK, the UK's national innovation agency, to conduct further research into practical decarbonisation solutions. Under the RenewableCrypto project, Zumo will now work with its partner, Zero Labs, to conduct further research into p
New funding has been made available by the Industrial Biotechnology Innovation Centre (IBioIC) to help grow Scotland’s bio-economy with the latest tranche of its innovation fund now open for proposals.
Kevin Hollister, founder of Glasgow-based pensions calculator Guiide, discusses how to close the ever expanding pensions advice gap. There is so much talk about the advice gap around pensions but to date, there has been little action to bridge it. What can actually be done to help close the gap?
Law firm MBM Commercial has appointed John Nimmo as a corporate partner in the firm’s Edinburgh office. Mr Nimmo, who founded the firm Rooney Nimmo, brings a wealth of expertise in corporate and international law. As a US qualified lawyer admitted in New York, he will also boost MBM Commercial
A new initiative, FinTech-Tables, has been launched to support the growth of the FinTech ecosystem in Scotland in order to drive growth, innovation, collaboration and connectivity. Launched by BDM Marketing & Communications and supported by FinTech Scotland, the initiative will deliver a series
NatWest Group has posted its first-quarter results, revealing operating profits before tax of £1.24 billion, compared to the £885m reported in the first quarter of 2021. The bank also announced a £38m impairment release, compared to a £98 release in the same period of 2021.
Impact investor SIS Ventures has secured £1 million for its investment fund – Impact First - from Chroma Ventures. Chroma Ventures was created in 2021 by technology entrepreneurs Paddy Burns and Chris van der Kuyl as a broad-spectrum investment arm of their video game development studio,
Partners at Grant Thornton saw their pay rise by 35% in 2021, according to the firm's 2021 Annual Report. Grant Thornton's 190 UK partners, took home £611,000 for their work in 2021. However, this remains significantly less than partners at Big Four firms.
Paul Denton, CEO at Scottish Building Society, discusses the impact of the rising cost of living on the ability to save. The cost-of-living crisis is impossible to ignore. At the start of the year, inflation reached its highest recorded level since 1992 and the affordability of goods and services ha
Scottish businesses are struggling to recruit accountants with high-level expertise in blockchain technologies and AI which can supercharge C-suite decision making and increase profitability. This is according to the annual salary guide published by Core-Asset Consulting. The report is a forensic re
