Lloyds Bank has issued a memo on staff treatment due to a drastic rise in complaints to one of its employee unions concerning working conditions across is declining banking network.
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Engineering design and manufacturing firm Albacom is set to expand after raising £500,000 to develop its business in new markets. Albacom secured a £400,000 loan from the Scottish Loan Scheme (SLS), part of the Scottish Government’s Scottish Growth Scheme, which is administered by
Statistics released yesterday by HMRC have revealed that Scotland has seen another rise in Research and Development (R&D) tax credit claims. The latest 2017-18 figures show Scottish companies made a total of 2,210 claims, up from 1,900 made that this time last year.
A growing desire for a better work/life balance amongst executives had led to the rise of 'olderpreneurs', according to Chartered Accountants Wylie & Bisset. New figures from the Office for National Statistics show that over 50s make up 43% of those who open their own businesses but account for
The value of new community projects in development through the Scotland-wide hub programme has risen from £600 million to £750m in the last three months.
Scottish businesses are predicted to face further financial pressures with commercial rents expected to rise further over the next 12 months, the Royal Institution of Chartered Surveyors (RICS) warned today. The RICS UK Commercial Market Survey, Q3 2015, reveals that businesses within the office and
ESPC has appointed Louisa Raistrick, head of estate agency at Coulters, as a non-executive director on to its board. Her term is due to commence on 1 January 2026, subject to ratification at the ESPC AGM in November.
Public sector fraud in Scotland has risen by almost 50% according to Audit Scotland. A data matching exercise, part of the UK-wide National Fraud Initiative (NFI), detected £21.5 million worth of fraud and payment errors across the Scottish public sector.
Empty retail units in Scotland have risen by a fifth when compared to pre-pandemic levels, according to the latest figures published by the Scottish Retail Consortium (SRC). In Q1 2023, the Scottish vacancy rate remained 15.7% for the fourth consecutive quarter. It was 0.1 percentage points better t
A continued shortage of new properties being listed for sale, despite a rise in new buyer enquiries, is still preventing a pick-up in sales volumes and house prices continue to increase, according to the December 2021 RICS UK Residential Market Survey.
The boost to financial wellbeing triggered by the relaxing of pandemic measures dipped during the third quarter despite the first rise in household income from employment since Q1 2020, according to the latest Scottish Widows Household Finance Index.
The pandemic has caused a dramatic rise in financial vulnerability in Scotland as 27% of those in the country now feel more financially vulnerable than they did in March 2020, according to new research from mutual insurer Royal London. Of those, 31% attributed this to a reduced income and 13% had a
Scottish shop vacancies have risen by a quarter since the second quarter of 2020, according to the latest Scottish Retail Consortium (SRC)-Local Data Company (LDC) Vacancy Monitor. In the second quarter of 2021, the Scottish vacancy rate increased to 16.1%, from 15.3% in Q1. It was 3.2 percenta
Paul Denton, the head Scottish Building Society (SBS) has welcomed a dramatic rise in house prices - but warned the impact of COVID-19 could prove a barrier to a generation of buyers getting on to the housing ladder. Yesterday's House Price Index released by the Land Registry and the Office for Nati
UK small enterprises saw output rise again in September, although growth continued to trail behind larger companies as smaller hospitality firms were hit by restrictions on trading, according to new analysis from the Royal Bank of Scotland (RBS). The RBS Small Business PMI survey provides market ins
