Kintore-based pipeline technology specialist STATS (UK) Ltd increased revenues to just under £50 million while EBITDA earnings rose to £7.8m from £6.5m, according to the firm's latest annual results. Revenues increased by £7.2m to £49.7m (up 17% from £42.5m) while
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Glasgow-based whisky producer Hunter Laing Holdings has seen turnover rise by over 50% to almost £15.8 million for the year ended April 2021. This is compared to the £5.5m reported in April 2020, marking a £1.2m increase.
Scotland has seen a 164% increase in corporate insolvency numbers (liquidations and receiverships) in the fourth quarter of 2021-22, compared to the fourth quarter of 2020-21, at 240, against 91. According to the latest figures, the number of corporate insolvencies in Scotland stayed the same in Q4
House prices in Scotland have increased by 14% since the start of the COVID-19 pandemic, with the average price of a property reaching £193,777 in February.
Glasgow-based packaging firm Macfarlane Group has posted a 50% increase in profits in 2021, despite rising input costs and supply chain constraints. The firm said that in face of "challenging market conditions" its team had shown "great commitment and dedication" in servicing its customers.
The number of alleged fraud cases reported in the media being heard in Scottish courts rose dramatically last year, according to KPMG UK’s latest Fraud Barometer.
Scotland's private sector saw growth pick up at the start of 2022, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - pointed to an eleventh straight mon
The number of people who fell victim to a romance scam increased by more than 16% over the last year, according to new data from Lloyds Bank.
Edinburgh-based financial services firm Aegon UK has posted an operating profit of £158 million in 2021. This is an increase from the £128m posted in 2020.
The average UK property price has reached £272,992, marking a new 15-year high, according to the latest Halifax House Price Index.
The number of corporate insolvencies seen across Scotland rose by 40 percent in the third quarter of 2021, as inflation and supply-chain pressures started to bite and government Covid-19 support measures began to unwind, new analysis shows. Interpath Advisory analysed notices in The Gazette to find
Social enterprises are thriving despite operating in the toughest economic conditions for over a decade according to the latest research from Social Enterprise UK and Barclays. The ‘No Going Back: State of Social Enterprise Report 2021’ reveals that a record-breaking 12,000 social enterp
Financial services firms are upping their efforts to tackle climate change and become more environmentally sustainable, as the UK prepares to host the COP26 summit in Glasgow, according to a report from Bank of Scotland owner Lloyds Bank. Almost twice as many UK financial institutions consider envir
According to new HMRC data, a record of £41.3 billion was paid into pensions through tax relief last year, up from £38.2bn in 2019. Almost two-thirds of the relief in the last tax year is on contributions made by employers into occupational and personal pensions for their staff.
The 7.5% rise in VAT – which takes effect on Friday - will hit the hospitality industry, slow the recovery and even trigger permanent closures, according to Scott Craig, partner and head of VAT at accountancy firm Azets. The original cut, from 20% to 5%, came into effect on 1 July 2020 but fro
