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
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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
Scottish corporate insolvencies in the final three months of last year were 77% higher than in the final quarter of 2020, according to the latest figures published by the Accountant in Bankruptcy.
Almost 90% of global financial services investors are planning to establish or expand operations in the UK in 2022, according to EY’s latest UK attractiveness survey, representing the highest level of confidence since EY started attractiveness analysis. Sentiment around planned investment into
Reports of scam HMRC phone calls have fallen by 97% over the last 12 months, according to the latest figures published by the tax authority.
Holyrood’s Finance Committee is “deeply worried” that Scotland is lagging behind almost all other areas of the UK in key indicators of economic performance.
Economic growth in Edinburgh and Glasgow is set to more than double in 2022 while the two cities are also predicted to achieve record levels of employment, according to forecasts published by strategic real estate advisor Avison Young.
A strong final quarter in 2021 saw office take-up in Edinburgh continue its recovery from the Covid-19 pandemic and start the new year with renewed positivity, according to new analysis from Knight Frank.
As the UK’s ‘Great Resignation’ continues, new research from RSM UK reveals recruitment is now a major concern for 41% of employers. The latest quarterly ‘The RSM Real Economy’ report demonstrates nearly two thirds (61%) of businesses are currently finding staff recruit
