The number of companies in Scotland filing for administration has hit its highest Q1 rate since before COVID-19, according to figures from Interpath Advisory.
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Scotland saw a 0.5% increase in payrolled employees in March 2024 compared to the same period in 2023, reaching a total of 2.45 million employees, according to the latest labour market trends. Median monthly pay for payrolled employees also saw a substantial rise, reaching £2,389, marking a 6.
John Lawrie Metals, headquartered in Aberdeen, has posted pretax profits of £2.4 million, a significant increase from the £9.7m loss reported the previous year.
The number of homes coming onto the market for sale in Scotland increased at its strongest rate in three-and-a-half years in March according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
Scotland has experienced a continued deterioration in permanent staff placements during March, according to the latest Royal Bank of Scotland Report on Jobs survey. The survey, compiled by S&P Global, shows that while the rate of decline eased from the previous month, the number of people placed
Law firm CMS, Scottish Financial Enterprise (SFE), and pension experts Hymans Robertson, have joined forces to host an event exploring the growing focus on ESG within pensions policy. The seminar, taking place on 23 April in Edinburgh, will delve into how pension fund assets can be utilised for long
Property prices remained steady across Edinburgh, the Lothians, Fife and the Borders in the first quarter of 2024, while some hotspots saw significant increases, according to ESPC. The average selling price increased by a marginal 0.3% to £270,366, with buyers paying on average 100.9% of the v
Hospitality businesses which depend on overseas staff must act now to benefit from current salary rules ahead of controversial new immigration regulations, a specialist solicitor has warned. Gurjit Pall, immigration solicitor at full-service law firm Thorntons, issued the advice prior to the introdu
Scotland's technology businesses remain optimistic about their prospects this year, despite operating in a complex and challenging economic environment, the latest annual report by industry body ScotlandIS has shown. The report reflects a sector generally in robust health, with increased trading and
International audit, tax, and advisory firm Mazars has reported double-digit revenue growth across its Scottish offices for the financial year ending August 2023, as the firm's teams in Edinburgh and Glasgow achieved a combined 13% revenue increase, up 4% from the previous year. Across the UK, Mazar
The House of Bruar retail destination at Blair Atholl has reported a robust financial performance in the year to 31 January 2024, with turnover rising 15% to £45 million. The results, filed at Companies House, were driven largely by the expansion of direct shopping channels, which now account
Chancellor Jeremy Hunt unveiled a series of tax reforms in yesterday's Spring Budget, altering the UK's fiscal landscape. The most notable change sees National Insurance contributions for employees decreasing from 10% to 8%, resulting in average annual savings of around £450 for approximately
The Scotch Whisky Association (SWA) has applauded the Chancellor Jeremy Hunt's decision to extend the alcohol duty freeze until February 2025, stating that a duty rise would have been detrimental to the industry, its supply chain, consumers, and the wider economy amidst ongoing efforts to curb infl
Almost seven in 10 (68%) of UK food and drink businesses are optimistic about future growth despite costs continuing to be a significant challenge, according to a new survey of the sector. The research was carried out by Johnston Carmichael, as part of an annual temperature check of the sector.
Glasgow-headquartered business advisory firm Craig Corporate has promoted Ross McAdam to the position of director. Mr McAdam, who has been part of the Craig Corporate team since 2019, will continue to lead the firm’s service provision. Recently, he was engaged as the interim CFO for a post-ser
