Finance leaders believe that the labour shortages and supply disruptions British businesses are experiencing now are likely to persist for a year, with no meaningful easing until late 2022 and 2023, according to Deloitte’s UK CFO Survey Q3 2021. The majority of CFOs experienced labour shortage
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Big Mannys’ Pizza, which is due to open a second unit in Aberdeen in the next few weeks, has received a six-figure investment boost from Simon Cowie of Infinity Partnership. Simon Cowie, an accountant, business advisor and entrepreneur, has provided the cash injection for a minority stake in t
Scottish companies founded by entrepreneurs under 30 have received £15 million of funding through the Start Up Loans programme, according to new data released today by the British Business Bank. Since the initiative launched in 2012, 2,136 loans – nearly 40% of Start Up Loans awarded in
According to new research from Rathbone Investment Management, 21% of high net worth individuals and business owners across Scotland have considered moving their business to Argyll and the Isles. The study found that nearly two thirds (61%) of high net worth’s and business owners across
Accountancy and business advisory firm Johnston Carmichael is joining famous faces such as Dame Judi Dench, Sir David Attenborough and Sir Ranulph Fiennes in helping drive the UK’s green revolution as sponsors of the Conservation Without Borders ‘Round Britain Climate Challenge’. L
A total of 38 Scottish businesses are amongst the first cohort to sign up to The Academy, a new and unique training initiative to help food and drink businesses targeting growth, after the industry was one of the hardest hit by COVID-19 and Brexit. Open to food and drink businesses of all sizes and
Kevin Collie, senior paraplanner at Mearns and Company, discusses the DIY skills individuals may have learned throughout lockdown. It seems like only yesterday that we emerged from our lockdown bunkers ready to face the world again. Some of us were sporting once-in-a-lifetime lockdown tans and other
Edinburgh-based contemporary furniture and interior design company Tangram Furnishers Limited has announced its transition to employee ownership. The company, which operates from a showroom and office in Edinburgh city centre, specialises in the premium end of the market and works with clients,
Peter Alderdice, senior associate in Shepherd and Wedderburn’s banking and finance team and Daniel Boynton, a solicitor in the firm's pensions team, detail how ethical finance can kickstart the green recovery of Scotland's economy after COVID-19. The COVID-19 pandemic has made one thing a
Glasgow-based civil engineering firm MHB Consultants has become employee-owned, with 40 members of staff given a stake in the business. The engineering design consultancy, founded by managing director Hendrie Barbour in 2006, specialises in bridge design, civil and geotechnical engineering, temporar
Industry leadership group Scotland for Employee Ownership (SfEO) has announced the appointment of Isabella Miller as the new co-chair of its board. Ms Miller, who is the head of branch for John Lewis in Glasgow, will work working alongside existing joint chair Jamie Hepburn MSP, minister for busines
Yesterday, Chancellor Rishi Sunak delivered his first Budget for 2020/21 in the House of Commons. The budget took into account the economic impact of the recent COVID outbreak and contained measures to mitigate any problems stemming from this.
David Kent, head of Scotland for innovation funding consultancy Leyton UK, looks at why Scottish firms are missing out on R&D tax relief and what can be done about it. Innovation is a hallmark of many Scottish companies. From oil and gas decommissioning in the North Sea, to biotech companies in
Scotland's food and drink sector is growing three times faster than the whole of the Scottish economy in the last decade, the RBS Purchasing Managers Index (PMI) has revealed. The bank's PMI was at 53.5 in August, which surpassed the all-manufacturing reading of 49.6.
The Association of British Insurers (ABI) has revealed that the average insurance scam has reached £12,000.

