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Business confidence in Scotland has shown a marked improvement in the first quarter of 2023, rising from a 14-year low in Q4 2022, however, it remains in negative territory as companies face ongoing economic challenges, according to a survey of business leaders by ICAEW's Business Confidence Monitor

Tayside Aviation Limited has entered administration after facing significant financial challenges, with Blair Nimmo and Geoff Jacobs from Interpath Advisory appointed as joint administrators on 20 April 2023. The Dundee Airport-based flight training organisation, which has been in operation for 53 y

R3, the insolvency and restructuring trade body, has launched a new free guide for directors and business owners in Scotland. The free resource, A guide to dealing with corporate financial distress, sets out the duties and responsibilities of company directors and the importance of meeting them, out

Amy Paterson, senior risk manager at Barclays, has been appointed as the new chair of the Scottish Financial Enterprise Young Professionals Network. She replaces outgoing Milly Batchelor, business manager at NatWest Group, who has been chair of the network since 2019.

New analysis has shown Scottish households have lower levels of financial wellbeing than those in the rest of the UK as one-in-five households (21%) in Scotland are currently living in serious financial difficulty.

A new report highlighting the positive impact of the customer support banks provided during the pandemic and calling for some measures to be re-introduced amid the rising cost of living has been published by Fair4All Finance, with support from Johnston Carmichael. In research conducted with Lloyds B

Dundee-based media group DC Thomson reported a £13.9 million rise in trading revenues in the financial year ending March 31, 2022. The latest accounts filed at companies house showed that the firm's total revenues rose to £174.1m from £160.2m in 2020-21, and the company made pre-ta

Tax revenues in the UK soared by £85.1 billion over the last financial year, according to new figures published by the Organisation for Economic Co-operation and Development (OECD).

UK government minister for Scotland Malcolm Offord has launched a new forum that will see improved collaboration between the financial sector in Scotland and the UK government. The Scotland-London Financial Services Forum, established with industry body Scottish Financial Enterprise (SFE), will look

Macdonald Henderson is pleased to have advised N4 Investments on its investment in Opulus Financial.

N4 Investments (N4), the direct investment vehicle of N4 Partners, has announced its seven-figure investment in Opulus Financial (Opulus), the CFO solutions business headquartered in Glasgow. With a team of over 40 people based across the West of Scotland, Opulus provides a range of financial and op

Weak growth in the global economy looks the most likely outcome for the rest of 2022, according to the latest edition of the Global Economic Conditions Survey (GECS) from the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA). The Q2 GECS, conduct

The Scottish Government worked collaboratively with local authorities and other key partners to direct significant public spending in unprecedented circumstances, according to a new Audit Scotland report.

PwC is set to recruit more than 100 people into its growing financial services practice as Scotland’s business community adjusts from the disruption of the Covid-19 pandemic and looks towards a sustainable and inclusive future. Representing a 10% uplift in PwC’s total headcount across Sc

The Snappy Group, a Dundee-based technology platform that connects consumers with their local businesses has appointed Barry McGonagle as its chief financial officer. His appointment is the latest of several senior hires in recent months following a successful fundraising last year, the pr