Assetz Capital has surpassed the £1 billion mark for lending to SMEs and housebuilders across the UK, with more than £115 million being deployed in Scotland since 2013. As part of its business lending, Assetz Capital has been a key supporter of the UK housing market, funding a total of 4
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The Chartered Institute of Taxation (CIOT) has said that MSPs can't rule out the prospect of making further changes to income tax before the start of the new tax year, despite yesterday's vote to approve Scotland’s proposed income tax regime for 2020/21.
Scotland’s spending on research and development is growing at a faster rate than the rest of the UK, according to the latest Business Enterprise Research and Development (BERD) statistics. In real terms, Scotland's increase in BERD spending between 2017 and 2018 exceeded the growth in the UK,
William Duncan + Co chartered accountants and business advisers opted to do something special with this year’s extra leap year day by dedicating this extra time to local charities and community groups.
The hotel sector is an important driver for the economic growth of Glasgow with the industry supporting strong commercial and leisure demand that is expected to continue into 2020, according to a new report by Avison Young. The report expects the city’s buoyant hotel sector to continue to grow
Carol Flockhart, managing partner at accountancy firm Chiene + Tait, highlights the benefits of apprentice programmes. This is Scottish Apprenticeship Week, an annual event in which employers, learning providers and apprentices across the country promote the importance and benefits of work-bas
The Financial Conduct Authority (FCA) has published its Suspicious Transaction and Order Reports (STORs) for the year ending December 2019 showing the first decrease in the total number of reports since 2016. The FCA said that there may be several reasons for the decrease, including the fact that th
Ice cream producer Mackie’s of Scotland has recorded a 20% increase in annual turnover to £16.7 million with a 60% spike in operating profits to £2.1m, for the financial year ending May 2019. Soaring chocolate sales and ice cream growth that bucked a wider market decline have combi
Growth of manufacturing output accelerated to a ten-month high in February, according to the latest IHS Markit/CIPS UK Manufacturing PMI.
Buy Now, Pay Later (BNPL) services for online shoppers are growing at 39% a year according to a new report from Worldpay.
Staff from PwC Scotland are delivering cyber security lessons to more than 700 pupils across 20 schools this week. To mark Cyber Security Week 2020, staff from the firm’s Glasgow and Edinburgh offices are delivering a lesson plan devised as part of PwC’s Tech We Can programme.
Scotland’s small businesses ended a tough 2019 with confidence and profits falling, new figures from the Federation of Small Businesses (FSB) reveal. In the final quarter of 2019, FSB’s Scottish Small Business Index (SBI) fell by 13.7 points to stand at -27.2. The fall was mirrored acros
TV and film production has boosted the economy in Tayside and Fife by £5 million.
Mowi, the largest producer of farmed Atlantic salmon, has posted a drop in profits thanks to lice, disease and escapes from its Scottish sea pens.
Scotland’s build to rent (BTR) residential sector is expected to deliver many years of growth before reaching maturity, according to the results of Ryden’s latest detailed review of the Scottish commercial property market. While relatively new in Scotland with only two schemes completed
