A new economic report places Edinburgh in the top ten best performing cities for economic output and employment by the end of 2023 but reveals mixed fortunes ahead for Aberdeen and Glasgow. According to Irwin Mitchell’s latest UK Powerhouse report, produced by the Centre for Economics and Busi
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FRP Advisory, the administrators of Debenhams, have made £5.3 million in fees in the two years since the company went into insolvency. The administrators’ report has highlighted that FRP partners’ charges had increased from £495-£595 an hour to between £595-£
The Big Issue Group (TBIG) has hit a breakthrough of equipping 1,000 of its vendors with contactless technology via the Zettle by PayPal card reader, marking a 68% increase since this time last year. In addition, it is quickly fast-tracking to its goal of enabling all 1,500 vendors to become cashles
Scottish businesses have positive expectations for activity levels, employment and turnover according to the latest Addleshaw Goddard Scottish Business Monitor report, but also report that inflationary pressure and supply chain issues pose challenges in the year ahead. The report, which surveyed 500
Hamish Lean, partner at law firm Shepherd and Wedderburn, discusses how farmers in Scotland have been outbid by the forestry industry, as the value of hill land rises. Is productive agricultural land being lost to forestry in the race to meet net-zero? There has been concern with
The Ben Nevis Distillery, which stands at the base of Ben Nevis, saw its pre-tax profits reach £102,617, compared to a loss of £273,202 in 2020. The whisky producer has seen its turnover rise to £7.2 million in 2021, compared to £6.2m in 2020.
The value of homes sold by Scottish estate agency and legal firm Lindsays has topped £200 million for the first time.
Rental growth in Scotland’s industrial and logistics sector will outpace both offices and retail property assets over the next five years, according to analysis from Knight Frank.
A review by the Financial Conduct Authority (FCA) has found that challenger banks need to improve how they assess financial crime risk, with some failing to adequately check their customers’ income and occupation. The watchdog found that in some instances, challenger banks did not have financi
Scottish Enterprise (SE) and Highlands and Islands Enterprise (HIE) have teamed up to help around 50 Scottish companies calculate the carbon savings of their innovative new products and services – so that they can meet the growing requirement to accurately forecast their environmental impact.
New buyer enquiries in Scotland’s housing market are not yet translating into increased sales activity due to the lack of supply of properties to the market, according to the latest RICS Residential Market Survey. A net balance of 29% of respondents in Scotland said that there was an increase
Household saving is expected to fall by 71% year-on-year to an average of £26 a week in the second quarter of 2022, as inflationary pressures drastically reduce families’ ability to save. A new study by Scottish Friendly and the Centre for Economics and Business Research (Cebr) estimates
New car registrations dropped by 14% year-on-year n March to less than 250,000. March is the most important month in the automotive industry, typically accounting for 20% of all annual sales. In the decade before the pandemic, new car sales in March averaged at 450,000.
AccelerateHER and Scottish Enterprise have teamed up to launch a new online training initiative designed to support the growing number of female business founders in Scotland. Using the Thinkific platform, AccelerateHER will now deliver its series of finance workshops as pre-recorded sessions so tha
Business rates for retailers as well as hospitality and leisure premises in Scotland are being reinstated from tomorrow, at a rate which has been labelled by the Scottish Retail Consortium (SRC) as an "onerous" 23-year high.
