More than half (55%) of Scottish small to medium-sized businesses (SMEs) expect revenues to increase this quarter, when compared to Q1 2023, according to the latest Barclays Business Barometer.
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Corporate insolvencies in Scotland have reached an eleven year high, with 1,132 insolvencies recorded in the year 2022-23.
Scottish bids and tenders specialist AM Bid has reported an increase in both revenue and net profit for H1 of its ninth trading year. The firm generated revenues of £626,337, for the period 1st October 2022 to 31 March 2023, marking a 17% increase from the £535,175 recorded for the
Scottish energy storage company Gravitricity is set to enter the US market, after it partnered with Illinois-based IEA Infrastructure Construction to secure funding for renewable energy projects. This collaboration comes as the Biden administration recently allocated $450 million (£361m) for c
The Turkish central bank is reportedly purchasing millions of US Dollars daily from vendors at Istanbul's Grand Bazaar in response to the nation's foreign currency crisis.
Grant Thornton UK has reported a 12% increase in revenue to £610 million in 2022, up from £543m the previous year. Pre-tax profits rose by only 5% to £121m due to increased costs. The firm opted to invest in pay rises, promotions, and hiring a record number of school-leavers amid i
CarMoney, a finance solutions provider for car buyers and part of Scotland's Peter Vardy Group, has launched its first international branch in Perth, Western Australia. The launch coincides with the 100th year of the Vardy family's presence in the UK automotive industry and follows a 200% annual ris
The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a seminar on tax covenants and warranties at the Mackenzie Building, Old Assembly Close, Edinburgh on Thursday 27th April 2023. At this event, Christine Yuill and Nicola Williams of Burness Paull wil
R&D tax credit specialist ZLX Business Solutions has opened a new office in Aberdeen to tap into growth opportunities in the Granite City. The company is now seeking to hire three new staff at its new location, which it considers a “key strategic area” with a focus on rising dem
With a total market capitalisation of $3.13 trillion (£2.55tn), Paris' bourse has grown its lead over the London Stock Exchange (LSE) as Europe's largest stock market by $250bn (£204bn).
Scottish underground energy storage firm Gravitricity has signed a collaboration agreement with Czech electricity flexibility aggregator Nano Energies to develop commercial routes to market for their gravity storage technology. Last month the Edinburgh storage pioneer unveiled plans to transform the
Scottish firms had over 1.2 million overdue invoices on their books this winter, new research from insolvency and restructuring trade body R3 has revealed. R3’s analysis of data provided by Creditsafe shows 1,231,703 invoices were overdue in Scotland over the winter months – with 416,856
Greenock Ocean Terminal has begun preparations for what is expected to be its busiest year since records began, as 91 cruise liners are booked into the Inverclyde town’s new dedicated pontoon across 2023 — a rise of over 25% on last year. As many as 150,000 passengers and 38,000 cre
Deanestor, a Dunfermline-based furniture and fitout specialist, has announced a record order intake of around £24 million in the last six months. The business is now anticipating its highest ever turnover in 2023, which is projected to rise to £22m. This will be an increase of £2.8
Eden Scott has revealed it is on course to increase turnover to more than £13 million for the first time this year ahead of the business' 20th anniversary. The Edinburgh-based recruitment firm, which was founded in 2003 by founding directors Michelle Lownie, Guy Martin, and Chris Logue, said p
