The City of London Investment Trust has increased its dividend for the 60th consecutive year to 4% delivering the longest record of consecutive annual dividend increases in the investment trust sector. The annual dividend was 2.6% ahead of UK consumer price index (CPI) inflation. Over ten yea
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New analysis has shed light on Scotland’s female-founded scaleups with the ScaleUp Institute’s inaugural Female Founder Scottish Index revealing that while the growth of Scottish scaleups founded or co-founded by women is outpacing the UK national average, challenges remain in areas incl
Scotland’s entrepreneurial ecosystem has celebrated a significant boost as a cohort of high-growth businesses secured a collective £1.5 million at the Scottish EDGE Round 26 awards. Last week at Royal Bank of Scotland Conference Centre, the diverse group of startups and scale-ups, rangin
A survey of SMEs across Scotland has found business owners to be in confident mood despite rising costs and funding challenges. The SME survey by Elevator also reveals that Scotland’s SMEs are adopting AI, hiring, and hungry for more support.
Wetrooms International Group, a bathroom supplies business with a £20 million turnover, has marked its 20th anniversary by transitioning to employee ownership. The Rutherglen-headquartered company, founded by brothers Brian and Bill Crombie, operates the Ceiling2Floor network of stores and Wet
Councillors have formally agreed to introduce Edinburgh’s Visitor Levy scheme.
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
Scotland is continuing to lead the way in the creation of green jobs, with the highest proportion of roles advertised compared with other areas of the UK. According to PwC UK’s latest Green Jobs Barometer Scotland is one of only two nations or regions, alongside Northern Ireland, to have recor
Stuart Clark, managing director at Glasgow-based Russell & Russell Business Advisers, discusses the importance of getting companies fit and healthy in the new year. It is that time of year again. As regularly as the sun comes up in the sky every morning, the urge to get into shape seizes huge sw
Strategic real estate advisor Avison Young has released its latest quarterly Big Nine office market update, revealing that Glasgow and Edinburgh city centre offices have experienced the highest take up in over 18 months. Total take-up during Q2 in Glasgow city centre was 142,821 sq ft – down 1
Business activity has risen in Scotland as the wider economy continues to reopen, according to Addleshaw Goddard's latest Scottish Business Monitor report. The report, published in partnership with the University of Strathclyde’s Fraser of Allander Institute, confirms that business sentim
In the face of unprecedented health and economic disruption caused by the COVID-19 pandemic, millennials and Gen Zs express resolve and a vision to build a better future, according to a new survey by Deloitte.
Brent oil is trading at just $18.36 per barrel, down 25% today alone after US crude oil plummeted to hit a negative value for the first time in history.
The Financial Conduct Authority (FCA) has today published the final report on its investigation in to Royal Bank of Scotland’s (RBS) treatment of small and medium-sized enterprise (SME) customers transferred to its Global Restructuring Group (GRG). The now notorious GRG has already been the su
More than 20 of Scotland’s largest businesses, representing tens of thousands of staff, have pledged to reduce the stigma surrounding mental health in the workplace through a groundbreaking initiative which has been welcomed by the Scottish Government.
