Rental payments based on takings may become more common as retailers adapt to the changing high street in today's challenging economy, a lawyer has suggested. Martin Bennett, a director in Scottish legal firm Lindsays' commercial property team, says the option is one available in negotiations as sho
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AM Bid, the Scottish bid and tender specialist, has reported record turnover in excess of £1 million for the second year in a row as it continues to recover from the impact of Covid-19. Figures to the year end 30 September 2022, saw the company post increased revenues of £1,153,165 compa
Richard Hepburn, managing director at Millar & Bryce and Landmark Scotland, discusses the state of the Scottish property market. At Millar & Bryce we have witnessed increasingly regular changes to the Scottish property market, and none more so than a reduction in home completions since the r
Scottish energy storage specialist Gravitricity has secured £194,00 from the UK government to find a demonstration site in India suitable for its gravity energy storage technology. Gravitricity has developed an innovative energy storage system which works by raising heavy weights – total
The number of overdue invoices in Scotland has reached its highest level for this year, according to new research from insolvency and restructuring trade body R3. R3’s analysis of data provided by Creditsafe shows the number of invoices in Scotland that have gone past their payment deadline ro
The government's support all households with energy bills over the first three months of 2023 will cost £16 billion in taxpayer money, according to Resolution Foundation analysis. Ofgem revealed yesterday that the annual energy bill of a typical household would have risen to £4,279 betwe
Alastair Moore, a chartered financial planner at AAB Wealth, outlines the advice the firm has been giving to its clients. There are plenty of scary headlines doing the rounds about pensions and markets right now, leading to a lot of nervous questions from worried investors.
Clydesdale Bank owner Virgin Money has posted annual results showing a pre-tax profit of £595 million and announced a boost to staff wages. The pay hike was announced internally earlier this month and will see the majority of the bank's 7,500 staff receive between 9% and 11% extra in total ove
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
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
