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TLT has announced another year of strong financial results with 12% year-on-year increase in turnover for 2023/2024. Annual revenue at the firm is up to £174 million from £157m in 2022/2023. Results for 2023/2024 were recorded over an 11-month period and subsequently annualised after TL

Scottish businesses faced a sharp rise in financial distress in the second quarter of 2024, exceeding the UK average, according to Begbies Traynor. The business rescue and recovery firm's Red Flag Alert research revealed 30,435 businesses in Scotland experienced 'significant' financial distress (whi

The cost of car insurance for a 17-year-old motorist who has just passed their driving test has reached £3,075 on average, according to new research from Compare the Market.

Aberdeen-headquartered specialist drilling waste management company, TWMA, has posted an increase in turnover to $70.9 million (around £56m) from $67.8m (around £53m), with profit remaining consistent year-on-year at $15.3m (around £12m), for the year ended to 31 December 202

Business confidence in Scotland rose one point during April to 42%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

The average price of a property in Scotland in December 2023 reached £190,000, denoting a 3.3% year-on-year increase, according to the latest provisional statistics from the UK HPI.

Crerar Hotels has posted a 31% increase in turnover, rising from £14.5 million to £19m, and a more than 30% growth in gross profit, from £12.6m to £16.4m. This growth is attributed to strong summer sales surpassing pre-covid levels. The group, which includes seven award-winni

The rental market in Scotland has seen significant fluctuations over the past year, with the average rental price for newly let properties rising by 12.9%, according to Zoopla's December report.

The 12,000 KPMG staff in Britain who have not been promoted will not benefit from a pay rise this year as the firm tightens its belt in reaction to a fall in demand for its services. Senior partners at the Big Four firm have been informing teams in recent weeks that their pay will be frozen unless t

Scotland has seen a 21% increase in company insolvencies during October 2023 compared to the previous year, with 99 cases registered.

Borders-headquartered accountancy firm Rennie Welch LLP has promoted two of its colleagues, Lynn Miller and Ross Tinlin, to the senior role of associate. The pair become the first to complete Rennie Welch’s associate programme set up in 2021 to further develop talent within the firm.

The number of companies filing for administration in Scotland has jumped by over 20% year-on-year, as a sluggish economy, the cost-of-living crisis, high interest rates and ongoing geopolitical uncertainty continue to impact businesses across the country.

Despite concerns over the Bank of England's recent hike in base interest rates to a 15-year peak of 5.25%, Glasgow's property market has remained "robust and thriving", according to Scottish estate agents Corum. Celebrating its 20th anniversary, the company has reported a 10% rise in property viewin

Macdonald & Muir, the owner of whisky brands Glenmorangie and Ardbeg, has posted a surge in pre-tax profit of almost 60%, reaching £46.9 million in 2022. This rise is up from £29.5m the previous year. The company’s turnover also witnessed a notable increase of 47%, amounting to

In the second quarter of 2023, Scottish commercial property experienced a surge in investment, reaching £320 million, according to Colliers' Scotland Snapshot. This is a significant rise from the £250m of Q1, yet it remains 35% lower than the five-year quarterly average of £490m. T