Search: raise

Scotland's private sector maintained growth in November 2024, driven by the service sector, although manufacturing output continued to contract, according to RBS. The Scotland Business Activity Index remained above 50, with a reading of 51.1, indicating expansion, but eased slightly from October's r

Wbg has responded to the Scottish Government’s Budget by noting that while it offers some good news for the hospitality sector, the lack of any changes to tax rates means that many Scots will still be paying higher rates than taxpayers in the remainder of the UK. Finance Secretary Shona Robiso

Scottish retail sales experienced a 3.3% decrease compared to November 2023, when they had grown 2.6%. This was below the 3-month average decrease of 0.1% and below the 12-month average growth of 0.5%. Adjusted for inflation, there was a year-on-year decrease of 2.3%.

Glasgow-based businesses secured the fifth most UK funding rounds in the first three quarters of the year, according to analysis by sharetech platform Vestd. The company's 2024 Global Investment Report analysed Crunchbase data to assess the scale of global investment in 2024 and identify trends in t

Business figures have urged the Scottish Government to take immediate action to address mounting economic challenges. The call came at the Scottish Chambers of Commerce annual dinner where First Minister John Swinney, Labour leader Anas Sarwar MSP and Scottish Conservatives leader Russell Findlay MS

Despite increases in funding for Scotland from the UK government’s October Budget, Scottish Government Finance Minister Shona Robison has little room for manoeuvre when she presents her Budget for 2025-26 next week. This is the headline message of the Scotland's Budget Report 2024, published t

As Scotland anticipates the Budget announcement and a new government tax strategy on 4 December, Ross Stupart outlines what could help businesses to thrive north of the border. The Scottish Budget represents an opportunity to give Scotland’s businesses greater transparency on the government&rs

Scottish Financial Enterprise (SFE) has called on the Scottish Government to reverse its diverging income tax policy, warning that it is harming the economy. The financial and professional services industry organisation welcomed the Scottish Government’s focus on economic growth but urged mini

Edinburgh has replaced Brighton as the highest-ranking UK city outside of London for foreign direct investment (FDI) attractiveness, according to law firms Wright, Johnston & Mackenzie (WJM) and Irwin Mitchell. A quarterly report by the law firms, which incorporates the latest analysis by the Ce

Thomson Cooper Accountants has marked three-quarters of a century of growth, innovation and commitment to client service, as it celebrates its 75th anniversary. Formed in Dunfermline on 21 November 1949 by founder T Hunter Thomson and his business partner Harold Cooper, the business has expanded sig

Accountancy firm Wbg has urged the Scottish Government to provide relief to SMEs in next month's Budget. Hospitality businesses in particular will struggle with the increase in employer national insurance contributions already announced by Chancellor Rachel Reeves, the firm said.

CBI has set out how the Scottish Government can give business the certainty and confidence needed to accelerate investment and supercharge growth.

Accountant Stuart Beattie shares what housing associations can do to limit the impact of current challenges and calls for greater government support to help organisations meet their obligations. Earlier this month I attended the Scottish Federation of Housing Associations (SFHA) Finance Conference,

Hospitality group Artfarm, the owner of the luxury Fife Arms Hotel in Braemar, has posted losses of more than £6.6 million last year.  Newly published accounts for the company have revealed that pre-tax losses soared from £3.3m in 2022 to £6.6m in 2023. 

PwC UK’s annual Black Friday survey shows that 41% of Scots say they’re interested in buying this year - up from 35% last year.