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
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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
The Financial Conduct Authority (FCA) has exhibited increased vigilance, prompting the withdrawal or modification of over 10,000 financial adverts and promotions during 2023 – an upswing of 17% compared to the previous year.
The Chartered Institute of Public Finance and Accountancy (CIPFA) has appointed Owen Mapley to be its new chief executive officer. The current chief executive of Hertfordshire County Council will take up the leadership of CIPFA in the coming months, following the retirement of current CEO Rob W
The Scotch Whisky Association (SWA) has announced that the global export value of Scotch reached £5.6 billion in 2023, equivalent to 1.35 billion 70cl bottles (43 per second). The figures show a decrease on 2022 exports for both volume and value, which the industry says was a “bumper&rdq
Average house prices rose £7,599 in Scotland last year according to analysis of the latest statistics by property firm DJ Alexander Ltd. The firm, which is the largest lettings and estate agency in Scotland, said that the latest data from the monthly house price index shows that between Januar
The UK's Consumer Price Index (CPI) inflation has remained unchanged at 4% in January.
The total value of all homes across the UK now stands at £8.678 trillion, with Scotland showing a 1.3% increase in total value and outperforming the rest of the UK, according to new research by Savills. Faisal Choudhry, head of residential research for Savills in Scotland, said: &ldq
The start of 2024 has experienced a drop in recruitment activity across Scotland, as signalled by the latest Royal Bank of Scotland Report on Jobs survey. Both permanent staff placements and temp billings fell sharply in January, with the latter posting the first decline in three months. Subdue
