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Scottish businesses are raising prices and hiring fewer staff in response to growing financial pressures as a result of the increase in employer National Insurance Contributions (NICs), according to the Fraser of Allander Institute at the University of Strathclyde. The latest edition of its quarterl

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

The number of homeowners having their properties repossessed rose in the final quarter of 2024, according to figures from UK Finance. 1,030 homeowner-mortgaged properties were repossessed, a 12% increase on the previous quarter and a 54% increase year-on-year. Buy-to-let repossessions remained stati

Harper Macleod's profit before members’ remuneration has risen from £11.95 million to £13.76m, new accounts filed at Companies House show. The firm had an average of 75 members over the year, with the average remuneration standing at £176,917, up from £162,386. The shar

SME funder 365 finance, a fintech supporting business growth within the UK, has reported a 78% increase in demand for their Rev&U revenue-based finance in Scotland, according to the latest year-on-year data.

The Scottish private sector registered the first rise in private sector activity for seven months February according to the latest Royal Bank of Scotland PMI data. The Business Activity Index - a measure of combined manufacturing and service sector output – moved back within in the expansion t

The Isle of Harris Distillery has been supported with a £750,000 CBILS loan from HSBC UK to help mitigate the potential impacts of lockdown and refocus on international growth.

Worries are increasing at the UK's digital banks as the Bank of England sets a deadline for profitability.

Perthshire-based mineral exploration firms Erris Resources and Green Ore plc saw shares soar yesterday after an activity update and sample analysis presented promising results. Last December, Erris Resources and Green Ore plc entered into an option agreement to explore for gold and associated base m

Bosses at Standard Life Aberdeen saw their pay cheques significantly increase in 2019, according to the company's latest annual report. The report has revealed that Keith Skeoch, chief executive of the financial services firm, saw his pay increase to around £1.47 million from around £1.0

As the fate of Theresa May's divorce deal hangs in the balance today, Scottish middle market businesses are becoming increasingly alarmed about the impact of a no deal Brexit, according to a new survey by audit, tax and consulting firm RSM. Almost half (44 per cent) of Scottish middle market busines

While the UK’s growing gambling obsession has been described as “a public health emergency” afflicting more than 2 million people, the co-founder of one online betting firm has announced that her bank balance has never looked in better shape after paying herself a staggering £265 million. Bet

  Rising prices for recreational goods, transport and clothing drove the rise

Easter Road, Edinburgh (Image: Geni via Wikipedia) Average house prices close to Scottish Premiership football grounds have increased by 14 per cent over the last ten years, according to research by Bank of Scotland.

The number of debt decrees registered against Scottish businesses rose sharply during the first half of 2018, according to figures released today by Registry Trust.