The lifting of restrictions and a positive outlook for manufacturers and oil and gas businesses in 2021 will spark a stronger than previously projected lift-off for the Scottish economy this summer, according to the latest analysis in KPMG’s UK Economic Outlook. Scotland’s GDP will grow
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The Scottish labour market saw a further rapid increase in hiring activity midway through the second quarter, according to the latest Royal Bank of Scotland Report on Jobs.
The Association of Chartered Certified Accountants (ACCA) has announced its support for YourGamePlan's The Side Hustle Initiative 2021. The Side Hustle Initiative is a nationwide search for all 14-18-year-olds who either are already delivering a side hustle or who have an amazing business
RSABI, the charity supporting people in Scottish agriculture, has been gifted an estate, worth an estimated £30 million, in the legacy of a Marykirk farmer Sheila Erskine. The charity, which is dedicated to the relief of hardship and poverty amongst people who have depended for their livelihoo
HMRC has refunded millions of pounds to UK taxpayers who paid its controversial loan charge. However, only a small proportion of those who applied for a refund have received any cash, meaning hundreds of taxpayers face a longer wait for their money to be returned.
Business confidence in Scotland rose six points during May to 15%, the highest reading since February 2020, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies in Scotland reported higher confidence in their own business prospects month-on-month, up five po
According to Savills latest report on the Glasgow office market, Glasgow recorded 63,388 sq ft of take-up, a 49% increase from Q4 2020, with a further 170,000 sq ft of office space under offer.
Scotland-based raw, natural pet food company, Bella & Duke Ltd, has today announced a successful investment round of £7 million from a consortium of investors.
Ayrshire-based engineering company Glenammer has reached its £1 million turnover milestone this week. Glenammer produces a range of high-end stainless steel test sieves, airjet sieves, and sieve shakers, to assist particle analysis, sample size grading, and material separation, and supplies so
UK car production rose significantly, but artificially, in April according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). Britain made 68,306 cars compared to just 197 a year ago when Covid restrictions effectively halted manufacturing. The performance
Luke Hickmore, investment director fixed income at Aberdeen Standard Investments (ASI), discusses the likely trajectory for inflation and interest rates in the coming months and the inevitable effect on credit markets. In the first five months of the year, inflation has become a growing concern for
Scotland’s first independent craft brewery, Broughton Ales, is seeking a seven-figure investment to help boost its growth plans.
The number of fines issued to auditors by the accountancy watchdog has almost tripled in the last year as the Financial Reporting Council (FRC) seeks to stamp out poor practices ahead of a government consultation on reforming the scandal-hit industry. The FRC distributed £25 million in fines i
Phil Anderson, founder of Phil Anderson Financial Services, discusses the rising popularity of ESG investment We’re all doing our bit nowadays to conserve our environment and look out for our fellow human beings, on both a local and a global stage. Carrying re-usable bags, ditching the aerosol
The wealthiest people in Scotland have been identified in the latest edition of The Sunday Times Rich List. Anders Povlsen, the Danish billionaire who owns more land in the UK than the Queen and the Church of Scotland combined, is the richest person in Scotland according to the list.
