Nearly 80% of tech industry leaders in Scotland have said they foresee rapid sector growth in the next five years. A UKTN report sponsored by KPMG has canvassed key players in Scotland’s tech industry to generate an inside view of the sector and showcase the experiences of those running tech c
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Small businesses in Scotland are more optimistic than at any time in the last two years, according to the Federation of Small Businesses (FSB). The FSB's Small Business Index (SBI) for Q1 2024 indicates a return of confidence into positive territory with a score of +10.7, surpassing the UK average o
Peterhead-based engineering business JBS Group has achieved a turnover of £11.5 million for the year ended 30 April 2024 – up from £8.3m for the same period last year. The firm has secured a plethora of contracts in the UK and internationally, with clients including operators, glob
Scottish businesses have delivered their top priorities for any future UK government, according to the latest Addleshaw Goddard Scottish Business Monitor (SBM) report. The survey of around 400 firms from across the economy found that “delivering long-term economic growth” was top of the
March saw a slight slowdown in the UK's inflation, but it fell short of economists' expectations, reducing the likelihood of the Bank of England's interest rate cuts, experts have commented.
Scottish fintech companies are making their mark on the global stage, with FinTech Scotland leading a delegation to participate in New York Tartan Week and New York FinTech Week. Led by FinTech Scotland CEO Nicola Anderson, FinTech Scotland is accompanied by a select group of innovative Scottish fin
Economic data in early 2024 is showing that the economy is likely to be recovering hesitantly, as expected, following the contractions in growth in the final part of 2023, according to the Fraser of Allander Institute at the University of Strathclyde. In the Deloitte-sponsored Economic Commentary, t
A KPMG report has revealed that 115 Scottish companies received over £359 million in venture capital (VC) funding in 2023 – almost half the 2022 total. The Venture Pulse Survey shows this is a marked a decline from record levels seen in 2022 and 2021, which were £707m and &pou
HM Revenue and Customs (HMRC) has backtracked on plans to shut its self-assessment telephone helpline for half the year after facing intense backlash. The tax authority had announced the line would close between April and September, directing taxpayers online instead. However, less than 24 hours lat
The public is being given the chance to view revised proposals for the New Picture House Cinema in St Andrews through a newly produced video and website.
Company insolvencies in Scotland rose by 9% during February compared to the previous year, totalling 94 cases, according to data from the Insolvency Service.
The number of new technology companies incorporated in Scotland jumped by more than a fifth (21%) last year to 1,553, putting Scotland’s tech sector just behind the UK national average of 22%. The figures suggest the Scottish tech sector remains resilient despite broader economic challenges, a
The Scottish housing market has shown a strong increase in activity from both homebuyers and sellers for the second consecutive month in February, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
Savills' rural team has announced their sponsorship of Women in Wellies, a podcast series which shines a light on the lives of inspiring women who live and work in rural Scotland. This new sponsorship builds on the podcast’s mission to amplify the voices of remarkable women in the rural sector
Alan Stewart, tax partner at MHA's Aberdeen office, provides analysis of the key Scottish implications from the Chancellor's Spring Budget, offering his insights into how the fiscal measures will impact various sectors and individuals across Scotland. Since the Chancellor’s Autumn statement, i
