New data from Scottish Friendly has indicated that households are having to pare back on saving and investing as they look to cover other areas of essential spending in the first three months of 2022. The Scottish Friendly Investor Index tracks sales of adult investment ISA policies and the total va
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Martin Ewan discusses the oil price boom and the potential consequences for the north east of Scotland.
The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG and Anthony Sykes, an audit engagement partner, in relation to the statutory audit of the consolidated financial statements of Rolls-Royce Group plc for the financial year ended 31 December 2010. The fi
Aberdeen-based 3D scanning specialist Viewport3 has hailed 2021 as its most successful year since launching in 2017. With revenue from new customers alone exceeding £100,000, the company has moved into larger premises, and is currently recruiting additional team members to cope with ever-growi
Scottish Enterprise has announced a new initiative that it hopes will position Scotland as a global leader in the supply chain and manufacturing for heat pumps and heat networks.
Scottish house prices continued to edge upwards, but some forward-looking indicators softened slightly, according to the April RICS Residential MarketSurvey.
The start of the second quarter saw a further marked increase in hiring activity across Scotland, according to the latest Royal Bank of Scotland Report on Jobs survey. That said, the seasonally adjusted Permanent Placements Index slid from 71.7 in March to 65.0 in April, to signal the softest increa
Almost three quarters (71%) of SME businesses are not currently acting to reduce their carbon emissions, as Environmental, Social, and Governance (ESG) performance is downgraded and digitalisation, employee wellbeing, cost inflation, and recruitment take priority according to the latest Azets SME Ba
Inflationary pressure poses a huge risk to Scottish businesses in the coming months, with a significant number unprepared for the highest level of inflation in 30 years, according to accountancy and business advisory firm, BDO LLP. According to the firm, 73% of businesses have only accounted for a 3
Hundreds of delegates will gather in Edinburgh as an international event, the World Forum for Foreign Direct Investment (FDI), highlighting Scotland as a world-leading destination for investment and business location begins today.
Corporate insolvencies in Scotland remained steady in the first quarter of 2022, as a series of compounding crises – from inflation and supply chain disruption to the impact of the conflict in Ukraine and the COVID pandemic – continue to place pressure on businesses. Analysis of notices
The Bank of England’s anticipated relaxation of lending rules this week risks a potential housing price crash, according to property firm DJ Alexander Ltd. The firm said that the banks’ predicted decision to ease the stress testing limits to allow increased borrowing for buyers will pote
While businesses in Scotland and across the UK saw signs of early financial distress plateauing in the first quarter of 2022, Ken Pattullo, who leads independent business rescue and recovery specialist Begbies Traynor in Scotland, is warning businesses to batten down the hatches in the face of globa
Chivas Brothers, the Scotch Whisky business of Pernod Ricard, today announced a £88 million investment into Aberlour and Miltonduff, two of its strategic single malt distilleries.
Confidence continues to return to Aberdeen’s industrial property market, after a strong first three months in 2022, according to analysis from Knight Frank. The independent commercial property consultancy found that 235,344 sq. ft. of industrial space was transacted during the first quarter of
