The FinTech Scotland Cluster has recorded an 8% year-on-year employment growth during 2024 bringing the total number of people working in fintech to over 11,300. The continued economic contribution by the cluster comes as Fintech Scotland reaches its seventh anniversary since formation.
Search: raise
Enquiries from prospective homebuyers and newly agreed home sales in Scotland have risen at their fastest rate in several years, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
The number of Scottish SMEs claiming R&D tax credits has dropped by 16% in 2022/2023 compared to the previous period, despite a 10% rise in the value of claims, reflecting that, whilst there are fewer claims, the size of each claim has increased. Gemma Monaghan, head of R&D tax with Azets, s
Amid speculation of an impending capital gains tax (CGT) hike in the upcoming Autumn Budget, Scottish business owners have accelerated sales and merger negotiations to finalise deals before any potential changes take effect, according to Lindsays. Chancellor Rachel Reeves has so far refused to rule
The Old Course Limited, which owns the Old Course Hotel and Duke's golf course in St Andrews, has reported a pre-tax loss of £1.4 million for the year ended 31 December 2023. This follows a £3.2m profit in 2022. The company attributed the shift to several factors, noting that 2022 w
Turnover at Gillespie Macandrew has increased 5.5% to £17.7 million as profits reached £5.25m, its latest financial results show. Progress was driven by strong results in each of the firm’s four core sectors, land & rural business, energy, private client and commercial rea
Scotland’s commercial property sector saw a marginal rise in overall occupier demand for the third consecutive quarter, supported by a less negative picture regarding demand for retail space, according to the Royal Institution of Chartered Surveyors (RICS). The latest RICS Commercial Prop
House prices in Scotland rose by 4.5% in the 12 months to April 2024, reaching an average of £190,000, according to the Registers of Scotland.
Medium-sized businesses are more optimistic than smaller firms with economic and geopolitical uncertainty, recruitment problems, investment in cybersecurity and talent acquisition the key concerns according to the latest Azets Barometer Survey. The survey, which researched UK businesses during April
Aberdeen house prices grew 3% in the first quarter of 2024, while semi-detached properties experienced a quarterly decline of 2.9%, according to a new report.
The UK construction sector is facing an “immensely difficult period” after 4,370 construction companies went bust over the past year, according to new data.
Scottish jeweller and watch seller Laings has hailed a 5% increase in turnover to £63.3 million for the year ended 31 May 2023. However, the firm's pre-tax profits dropped slightly to £3.7m from £5.45m.
Dundee-based C J Lang & Son Limited, the family-owned SPAR wholesaler and convenience retailer, has demonstrated resilient financial performance. The company's annual financial report for the year ending 30 April 2023 showed a promising 10.3% surge in pre-tax profits to £3.7 million and a
Despite seeing a slowdown in takeovers, Deloitte UK, has reported a robust 14% growth in annual revenues, disclosing a turnover of £5.6 billion for the year to 31 May, up from £4.9bn in 2022. This surge in revenues, primarily driven by strong markets in the initial half of the year, led
Mackie's of Scotland has scooped up a 37% increase in export sales for its luxury ice cream during the last financial year. The family-run business saw its highest ever international sales in 2022/23 with export revenue hitting £2.8 million, up from £2.05m in 2021/22.
