Cracking down on insurance fraud remains a top priority for the industry as its latest figures reveal £1.1 billion worth of fraudulent claims were detected last year, up 4% on 2022, according to the Association of British Insurers (ABI). Insurers identified 84,400 fraudulent claims in 2023, 11
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Bank of Scotland-owner Lloyds Bank has warned of a rising scam which has costing victims an estimated £6.6 million so far, where rogue retailers are using fake websites to trick people into purchasing items that are never dispatched. Tens of thousands of credit and debit card customers ha
Tax expert Stuart Petrie discusses the heightened scrutiny and increased enforcement efforts by HM Revenue and Customs (HMRC), emphasising the importance of taking any enquiries seriously, the methods used for tax recovery, and the benefits of voluntary disclosures to mitigate penalties and liabilit
Scotland has maintained its position as the second most attractive location for foreign direct investment (FDI) in the UK, after London, securing a record 124 projects in 2023. According to EY’s Scotland Attractiveness Survey, this represents a 12.7% increase from the previous year, significan
After a hiatus of two years, EIE24, the showcase event for the technology entrepreneurial ecosystem, has returned with a fresh look and feel. Over two days, some 100 investors from across the UK and beyond will converge to meet Scotland's most innovative technology companies seeking investor support
Lismore Real Estate Advisors has unveiled its comprehensive review of the Scottish investment market for the final quarter of 2023, shedding light on the economic and political challenges that defined the year. As we bid farewell to a tumultuous 2023, many in the investment market are eager for
A company that’s already recycled more than a million tonnes of construction waste from landfill has opened a second plant. Brewster Brothers’ wash plants transform 100% of the excavated soils and rubble they process from the construction industry into high-value aggregates for reuse.
abrdn Asia Focus plc, a company that holds a fundamental, high conviction portfolio of well-researched Asian small caps, has confirmed its annual results for the year ended 31 July 2023, revealing a 7.6% rise in Net Asset Value (total return). This is compared to the company’s benchmark return
Both permanent staff appointments and temp billings contracted sharply in September, according to the latest Royal Bank of Scotland Report on Jobs survey.
Circularity Scotland has accounted for £4.5 million of the Scottish National Investment Bank's £17.8m unrealised loss, according to the bank's latest full year accounts. Just a little over two years since its inception, the bank has significantly influenced the Scottish economy by commit
The volume of venture capital (VC) invested into Scotland’s start-ups has dropped significantly in the second quarter of 2023 as the deals market continues to experience a slowdown, according to KPMG’s latest Venture Pulse report. During the second quarter of the year, 28 deals totalling
Isla Leask discusses financial advice for individuals undergoing a divorce, emphasising the importance of financial planning, updating documents, managing debts, prioritising pensions, and seeking guidance to ensure financial stability and independence post-separation. Agreeing to a divorce is one o
Scotland's investment market in Q2 2023, characterised by a downturn of 35% on 2023 figures but still 6% above the five-year average, has witnessed a significant number of retail deals despite macroeconomic uncertainties, according to a review by Lismore Real Estate Advisors. The firm's review of th
According to the latest data from the Royal Bank of Scotland Report on Jobs, hiring conditions across Scotland deteriorated at the start of the second quarter.
Despite a fall in construction activity at the start of 2023, surveyors in Scotland are predicting sector growth for the first time in almost a year while another survey has highlighted a rebound in repair, maintenance, and improvement (RMI) work for construction SMEs. A net balance of -6% of S
