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FRP Advisory, the specialist business advisory firm, has told shareholders to expect another rise in restructuring activity over the next few months. In a trading update issued yesterday, the firm said it expects to see increased activity in the higher value restructuring and administration market a

Filipino expats in the United Arab Emirates are bringing onions as gifts to the Philippines as the price of the vegetable has risen to $12 (£9.8) per kg in their home country.

In its latest trading update, John Wood Group has revealed it expects to book a 3% rise in underlying annual revenue to $5.4 billion (£4.4bn) despite a $275 million (£226m) hit from currency fluctuations, for its 2022 results. This is keeping in line with forecasts.

As divorce rates rise family business values will be impacted, warns expert. During the last decade the annual divorce rate in Scotland has averaged around 10,000 but this year could reach 12,000 as the cost of living, wider economic challenges and the impact of the Covid years bear heavily on relat

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

Two skateboarding fanatics have transformed a church into a skate park after successfully raising thousands of pounds on a crowdfunding site.

Economic confidence has risen slightly in December to -58, up from -64 in November, according to the IoD Directors’ Economic Confidence Index, which measures business leader optimism in economic prospects. There were also slight improvements in expectations for revenue, employment, investment

Telecoms provider Commsworld has reported a 60% surge in gross profit as its public and private sector client base expands. The Edinburgh-headquartered company saw gross profit rise to £7.5 million for the year ending 2021, up from £4.7m in the previous 12 months.

Scottish biscuit manufacturer and brand Tunnock's has reported a £5 million rise in profits with turnover reaching £72m, in its latest accounts for the year ended 26 February 2022. The growth in profits show a healthy recovery from pandemic lows as pre-tax profits were £254,988 in

Scottish taxpayers could see the amount they pay in tax go up after the Scottish government publishes its income tax plans in December. Chancellor Jeremy Hunt yesterday used his first Autumn Statement to announce a number of measures aimed at raising an additional £25 billion in tax revenue..

On the new build front, the average price has risen by 6% over the past year in Edinburgh and 12% in Glasgow. Scotland has seen some of the strongest apartment rental price rises in the past five years, with Glasgow and Edinburgh witnessing 51% and 27% respectively, according to research from proper

Aberdeen house prices have risen 3.4% in the last quarter, according to the latest report from Aberdeen Solicitors’ Property Centre Limited (ASPC) and the University of Aberdeen, Business School, Centre for Real Estate Research. With published statistics for the third quarter of 2022, the Aber

The Financial Conduct Authority (FCA) has decided to fine Barclays a total of £50 million in relation to its failure to disclose certain arrangements agreed with Qatari entities as part of its capital raisings announced on 25 June 2008 and 31 October 2008 after finding conduct in the Octo

Scottish commercial law firm MacRoberts has posted a 10% rise in turnover in the financial year to 30 April 2022 to £20.6 million. The firm’s profits rose by 17% for the same period. Highlights include an exceptional year from the firm’s credit management specialist Yuill+Kyle, a p

A.G. Barr, the maker of Irn-Bru, has reported a 22.8% rise in pre-tax profits to £25.3 million from £20.6m in its interim results ending 31 July 2022. The profits were on revenues of £157.9m, a 20% rise from the same period last year on a like-for-like basis. The company announced