Inflation in the UK has hit a new thirty-year high, with prices rising by 6.2% in the 12 months to February, according to new figures published by the Office for National Statistics (ONS).
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New data from financial mutual Scottish Friendly has revealed investment by female customers into newly opened stocks and shares ISA policies reached its highest than in any quarter since the start of the global pandemic. The Scottish Friendly Investor Index tracks sales of adult investment ISA poli
The number of reports to the Financial Conduct Authority (FCA) of alleged cryptocurrency scams has more than doubled in the last year. According to a Freedom of Information request, the FCA received 6,372 alerts about suspected crypto frauds in 2021, an increase from the 3,143 reported in 2020.
Restitution Ltd, an independent provider of third party commercial funding in Scotland, has marked its tenth anniversary by highlighting the evolution of its business model. The firm has carved out a niche in the marketplace and over the past ten years has worked with law firms and their clients on
Edinburgh-based ready meal provider Parsley Box has announced a proposed equity fundraising of approximately £5.9 million. The fundraiser will work by way of a placing and subscription at a price per share of 20 pence.
STV Group plc has posted its highest revenue on record at £144.5 million in 2021, as the broadcaster hailed continued growth. STV Group's revenues rose by 25% throughout 2021, while its adjusted operating profits rose to £25.2m, signalling a 39% increase from the year before.
Scottish organisations and employees are embracing hybrid work more than anywhere else in the UK, according to a Virgin Media O2 Business study with the Centre for Economics and Business Research (CEBR).
Increasing awareness of apprenticeship schemes could hold the key to tackling rising youth unemployment in Scotland, according to new research published by the Association of Accounting Technicians (AAT), to coincide with today’s launch of Scottish Apprenticeship Week. The latest government fi
Murray International Trust Plc, a fund managed by abrdn, has posted a net asset value return of 14.1% for 2021. The company has no benchmark, but this performance compares with a rise over the same period of 7.6% for the UK Retail Price Index and a total return for the Reference Index, the FSTE ALL
Scottish auction house Lyon & Turnbull has reported record sales of over £26 million in 2021. The figure marks an 88% increase on pre-pandemic totals.
Scotland's housing market ended 2021 on a high as the average house price in December reached £213,656.
Chartered accountants Wylie & Bisset has warned the construction sector against a perfect storm of economic challenges putting pressure on their cash flow. Mark Mulholland, partner in the firm’s Business Advisory department, advised those smaller to medium sized construction firms that typ
After some signs of economic recovery earlier last year, businesses in Scotland, along with the rest of the UK, saw a dramatic uplift in instances of advanced financial distress in the final quarter of 2021 as the emergence of the new Omicron variant hampered growth for businesses already impacted b
An amendment will be brought forward during Stage 2 of the Scottish Government's Budget Bill to allocate an additional £120 million to local authorities. The funding represents the equivalent of a 4% Council Tax rise.
Scotch whisky giant Diageo has reported net sales of £8 billion, an increase of 15.8%, across all UK regions in the second half of 2021. Organic net sales grew 20.0%, which the firm said was driven by strong double-digit growth across all regions, supported by effective marketin
