Accountancy body the Association for Chartered Certified Accountants (ACCA) has called for improved reporting on poor payment practices and an extension of the power of the Small Business Commissioner (SBC), as part of action to tackle the crippling effect of late payment on small businesses. In its
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Business owners in Scotland have been stepping in to support their employees as the cost of living continues to put financial pressure on individuals according to new research from Rathbones.
A Freedom of Information request to the British Business Bank by Purbeck Personal Guarantee Insurance, has revealed the current level of debt and arrears associated with the
David Tracy discusses the potential of synthetic data generation in overcoming data access, privacy, and compliance issues, and fostering innovation in the financial sector, with a focus on the role of Smart Data Foundry's synthetic data engine, aizle. Good quality data is critical to financial
SBP Accountants and Business Advisers (SBP), a north-east accountancy firm has made a round of nine promotions in April, including the appointment of two new directors to the senior management team. Stephen Glanas and Stuart Beaton, based at SBP Accountants and Business Advisers’ (SBP) Aberdee
Scotland's business confidence has dipped slightly in April, with the latest Business Barometer from the Bank of Scotland Commercial Banking showing a seven-point drop to 31%. The decline is attributed to companies in the region reporting a nine-point decrease in their confidence in their own busine
Regional airport operator Highlands and Islands Airports Limited (HIAL) has reported significant year-on-year passenger numbers increases across its 11 regional airports. The company said passenger numbers for 2022/23 have increased by 38.7 per cent year-on-year, with the figures now approaching pre
Business confidence in Scotland has shown a marked improvement in the first quarter of 2023, rising from a 14-year low in Q4 2022, however, it remains in negative territory as companies face ongoing economic challenges, according to a survey of business leaders by ICAEW's Business Confidence Monitor
Scotland's Earth and environment-focused science centre Dynamic Earth in Edinburgh is practising what it preaches by investing in a programme of upgrades to its Stratosphere - a giant curved roof that covers the entrance and events space - to reduce the popular attraction’s carbon footprint. A
R3, the insolvency and restructuring trade body, has launched a new free guide for directors and business owners in Scotland. The free resource, A guide to dealing with corporate financial distress, sets out the duties and responsibilities of company directors and the importance of meeting them, out
In February, the UK experienced flat GDP growth, which fell short of expectations for an increase, however, January's GDP was revised upward, aligning February's output with predictions. Industrial action in the public sector negatively affected February's activity, while construction output rebound
International investors are prepared to play the longer game when it comes to property purchases in Scotland, according to Lindsays partners Derek Nash and John Bett, who have said there remains “definite” interest from potential overseas buyers in the Scottish market. But the two a
The latest data from the Royal Bank of Scotland Report on Jobs survey signalled a fall in permanent staff placements across Scotland for the second consecutive month in March.
Rising inflation is putting pressure on over-50s life insurance customers to carry on paying their monthly premiums, research has revealed.
Research from KPMG UK has revealed significant reductions in consumer spending in 2023 and potential responses to the end of energy bill support payments in April.
