Corporate insolvencies in Scotland have reached an eleven year high, with 1,132 insolvencies recorded in the year 2022-23.
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Regional airport operator Highlands and Islands Airports Limited (HIAL) has reported significant year-on-year passenger numbers increases across its 11 regional airports. The company said passenger numbers for 2022/23 have increased by 38.7 per cent year-on-year, with the figures now approaching pre
Persimmon has made an equity investment in volumetric modular house builder TopHat, establishing a strategic partnership between the two businesses.
Governor Andrew Bailey has revealed that the Bank of England is contemplating reforms to the UK's bank deposit insurance guarantee scheme, which may result in increased protection for customers.
Responsible finance provider Social Investment Scotland (SIS) has appointed four new board members. Joining the board and bringing a wealth of experience are, Caroline McLaughlin, Ian Mitchelmore, Samantha Bett and Kathleen McLeay.
EQ Accountants has supported Surface Heating Systems Ltd (SHS) with a vendor-initiated management buyout (VIMBO), allowing the owners to release some value from their business and put a robust succession plan in place. Founded in 1997 by directors Mick & Helen Cummings and Andrea Blyth, SHS
Research from KPMG UK has revealed significant reductions in consumer spending in 2023 and potential responses to the end of energy bill support payments in April.
After a successful 2022, in which WRC Recycling opened the doors to a £4 million Material Recovery Facility (MRF) to bolster business performance, the business has put its mark on 2023 with the appointment of two new directors ahead of the firm’s 25th anniversary celebrations this summer
Neil Kirk discusses the unintended consequences of rent freezes in Scotland, which have negatively impacted tenants, caused a shortage of rental properties, and deterred investment in the residential property sector. During a cost-of-living crisis, it might be difficult to feel sympathy for landlord
“Baffling” VAT food and drink rules which see milkshake powders taxed differently according to their flavour should be reformed, says the Association of Taxation Technicians, as the tax celebrates its 50th anniversary on Saturday. Chocolate flavoured powders attract zero VAT while strawb
AG Barr, the manufacturer of Irn-Bru, has announced that Robin Barr will leave the board after 58 years. Mr Barr has been with the business for 62 years and served as chairman for 31 years. He will not seek re-election at the company's AGM in May.
Nicola Alexander discusses the challenges faced by small, independent retailers due to Brexit and Covid such as increased import costs, and provides practical steps for businesses to ensure their continued operations. The cost-of-living crisis is an all-too-familiar phrase at the moment. It’s
Amid instability in the US and European banking systems and an unexpected jump in inflation to 10.4% during February, the Bank of England has announced another increase to the base interest rate to 4.25%.
Unite the Union has revealed that the UK's four big banks, how banks have already made billions in extra profit from interest rate rises.
Phil Prentice, the chief officer of Scotland’s Towns Partnership (STP), is stepping back from his role after eight-and-a-half years. Mr Prentice will complete his current job at the end of this month to pursue other interests in place-making. He will, however, remain involved with STP as a par
