Perth-based energy company SSE has reported a 221% jump in adjusted pre-tax profits year on year in the six months to the end of September reaching £559 million as energy prices across the UK continued to increase this year. Energy firms have increasingly come under fire from the British publi
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Businesswomen across Lanarkshire have been invited to receive fully funded mentorship, training, networking and guidance from some of Scotland’s leading entrepreneurs and coaches in a new programme. Glasgow-based leadership consultancy Connect Three – which has delivered four successful
Junior ISA investments in Scotland have soared ahead of the UK average, new data reveals. Data from Scottish Friendly’s latest Investor Index shows that the number of junior stocks and shares ISA policies opened by Scottish households in the three months to September was 27% higher than t
Analysts from the Resolution Foundation (RF) have shown that the mini-budget put forward under Liz Truss cost the country an estimated £30 billion. It resulted in a doubling of the fiscal hole the Treasury has said Jeremy Hunt will have to fill with this week's expected range of tax rises and
Within the context of extremely challenging economic circumstances, Campion Homes has delivered another strong set of results for the year ended 30 June 2022 and increased operating capacity with a 16% rise in turnover to £48.5 million. Margins have been impacted this year by the challenges of
Samuel Mailer discusses the key role Scotland can play in development of the global renewable energy sector and how the north-east can capitalise on a new 'gold rush'. Once again, the eyes of the world are on the latest COP event. The location may have moved from Scotland to Egypt, but many headline
Analysts at JP Morgan have suggested Bitcoin could fall to $13,000 (£11,040) amid the recent market instability. After this week's collapse of FTX, which was one the largest bitcoin exchanges by volume often handling over $1 billion (£850 million) in daily transactions, the cryptocu
Recent first-time buyers will be hit hard by surging interest rates, with their lifetime interest costs more than doubling over the past five years and their total lifetime costs reaching record highs, although coming house price falls will offer some respite to the next generation of homeowners, ac
Experienced cybersecurity and international B2B Software as a Service (SaaS) CFO, Mark Wheelhouse, has joined Cyacomb’s senior leadership team. Based in Edinburgh, Cyacomb is an online safety company that specialises in harnessing the power of data and technology to help law enforcement, socia
Profit warnings issued by UK-listed companies with a defined benefit (DB) pension scheme increased by 38% year-on-year in the third quarter of 2022. EY-Parthenon’s latest Profit Warnings analysis finds that the number of profit warnings issued by UK-listed firms with a DB scheme rose from 13 i
Gemma Diamond, audit director at Audit Scotland, discusses how data is often seen as a burden for public bodies, rather than the key to better policy decisions, and the action needed to build data as a national asset. Scotland is facing enormous challenges. Inequality is on the rise, an ageing popul
Advisory firm Dow Schofield Watts has expanded its Edinburgh office with the appointment of Adam Widerkiewicz as corporate finance manager. Mr Widerkiewicz, who has nine years’ experience in finance, joins from EDF Renewables, where he was a mergers and acquisitions specialist helping the comp
UK mortgage lending is expected to fall slow sharply in 2023 with just 0.7% growth due to rising mortgage rates and falling real household incomes, according to the latest EY ITEM Club Outlook for Financial Services. This comes after lending is projected to rise 4% this year, following strong demand
This confident message from expert voice Stuart Johnston of DM Hall is welcome news for the commercial property market in Aberdeen. Few have ever filled their boots by trying to correctly call a turning point in markets, but a remarkable concatenation of circumstances in Aberdeen in recent months ha
Occupier and investor demand for commercial property in Scotland fell further, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor. The survey points to a weakening in the market as the prospect of further interest rate rises weigh heavily on the outlo
