Management consultancy firm, Connect Three, has unveiled ambitious expansion plans, following a surge in revenues that saw it break the £1 million turnover mark for the first time. The Glasgow-based company, established in 2014 by CEO Colin Lamb, witnessed a 71% year-on-year increase in revenu
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The Scottish Land Commission (SLC) has warned that local communities, family farms, and smaller businesses are at risk of being priced out of Scottish rural land, as it is increasingly sought after by forestry interests, natural capital investors, and corporate buyers, becoming a scarce commodity. T
In 2022, older UK homeowners accessed a record £5.2 billion from their housing equity, a rise of 28% from the previous year's £4.1bn, revealed data from the Financial Conduct Authority (FCA).
Scottish private sector firms have shown strong growth in the second quarter, according to the Royal Bank of Scotland's latest PMI survey for April. The Business Activity Index reported a ten-month high of 54.3 in April, a rise from March's 52.9, fuelled by increased customer activity and a consiste
Each cohort of international students living in Dundee’s two parliamentary constituencies generates £275 million for the UK economy, according to a new report published today. ‘The benefits and costs of international higher education students to the UK economy’ estimated the
New research has revealed that artificial intelligence (AI) will be instrumental not only in enhancing the efficacy of accountants as strategic business partners to their clients, but also in sustaining small businesses, according to Intuit QuickBooks. The study found that almost nine in ten (86%) a
Lloyds Banking Group has reported a pretax profit of £2.3 billion for Q1 2023, surpassing analyst expectations and marking a significant increase from the £1.5bn in Q1 2022.
Wylie & Bisset, accountants and business advisers, has called for Scottish employers to consider adopting creative employment packages to attract and retain the best candidates in response to a widening gap in personal taxation levels between Scotland and the rest of the UK. Scots earning more t
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.
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
