In the risk-crazed world of crypto a new 'meme coin', named Evil Pepe Coin, has launched its presale event attempting to woo investors following the meteoric growth of similarly-named Pepe Coin earlier this year. With increasing popularity, investors have been betting on new cryptocurrencies, taking
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ZLX Business Solutions and Ascot Lloyd launch new partnership to offer firms financial peace of mind
ZLX Business Solutions, a research and development (R&D) tax credit specialist, and independent financial advisor, Ascot Lloyd, have agreed to deliver complementary services to offer financial peace of mind to businesses operating across the UK. The partnership will result in greater depth of pr
Chris Tate, a restructuring and recovery expert at Azets, has said that new financial pressures are continuing to drive business failures across the UK, with the hospitality sector most vulnerable to stubbornly high inflation – causing a "perfect storm to brew". The warning comes as new monthl
Deloitte Scotland has elevated Paul Hazelton to audit partner alongside 15 of his colleagues who were promoted to director roles across five business practices. Mr Hazelton, a qualified accountant, first joined Deloitte’s audit team in 2005 after graduating from Strathclyde University with a d
In an environment of soaring interest rates and stubborn inflation, UK households continue to feel the sting of the ongoing cost of living crisis, with a cumulative loss of £65 billion in spending power forecast by May 2024, according to research by Grant Thornton UK and Retail Economics.
The Royal Bank of Scotland PMI data for June has revealed a solid and quickening expansion of private sector activity in Scotland, marking a five-month succession of growth.
Angus MacLeod, a solicitor who specialises in the spirits industry, has spoken about the challenges currently being faced by the Scotch whisky sector after conducting an analysis of the industry’s production, sales, and global reputation, and discussed the strategies that can be employed to ov
Characterised as “more complicated and expensive”, Scotland's housing market is predicted to see sales decrease by around 15% over the year and average house prices expected to drop by 5%, according to Rettie & Co.'s Summer Briefing Report.
Scottish hotels experienced a larger-than-normal surge in room rates in May, bolstered by three bank holidays that increased demand, as per the RSM Hotels Tracker.
The Scottish economy has shown surprising resilience in 2023, outperforming expectations by avoiding a predicted shallow recession, according to a quarterly economic commentary published by the University of Strathclyde's Fraser of Allander Institute. Supported by Deloitte, the report provides an in
New data from financial mutual Scottish Friendly has revealed the number of newly opened stocks and shares ISA policies dipped -7% in Q1 2023 compared with Q4 2022. Meanwhile, the value of those new policies also dipped -6% over the same period.
Quality Meat Scotland (QMS) has released its 2023 Red Meat Industry Profile report, underlining the industry's significant role in Scottish food security, rural economy, and effective utilisation of the country's natural resources. Despite encountering significant challenges over the past three year
As family-owned home furnishing specialist Sterling Furniture Group marks its golden anniversary, it has appointed industry veteran John Pattison as its new chief executive. A native of Glasgow, Mr Pattison previously served as commercial director at Sunderland-based SCS, a sofa and furniture retail
Company insolvencies in England and Wales have soared by 40% year-on-year, reaching the highest level since monthly records started in January 2019.
Scotland's housing market activity has continued to experience a slowdown in May, with indicators suggesting that potential increases in interest rates might further pressure the market, according to the recent Residential Market Survey by the Royal Institution of Chartered Surveyors (RICS). As was
